TradeDax Review: Regulation, Spreads & Leverage
Yes broker based in Australia with MetaTrader 4, a $100 minimum deposit and leverage up to 1:500.
- Yes
- 1:500 Leverage
Your money is at risk
In this TradeDax review
TradeDax overview: what kind of broker is it?
TradeDax is a Yes forex and CFD broker based in Australia, founded in 2018. No.
Traders get MetaTrader 4, spreads from 0.1 pips, leverage up to 1:500 and a low $100 minimum deposit. New clients can also check the current Yes.
TradeDax broker specifications
Company and regulation
| Broker | TradeDax |
|---|---|
| Regulated by | No |
| Type of broker | Yes |
| Country | Australia |
| Foundation year | 2018 |
| Website | Visit TradeDax website |
| Website languages | English |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 0.1 pips |
| Base currencies | USD, EUR, GBP and More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | +49 6915 3200 805 |
|---|---|
| — | |
| Fax | Not available |
| Head office | — |
TradeDax bonus
TradeDax promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the TradeDax bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the TradeDax website before you claim.
TradeDax pros and cons
Pros
- Regulated: No
- Yes for new traders
- Low $100 minimum deposit
- Spreads from 0.1 pips, Yes execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
Cons
- No MetaTrader 4 or cTrader
- Bonus comes with trading-volume rules
TradeDax account types
TradeDax offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
TradeDax trading platforms
TradeDax runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
TradeDax deposit and withdrawal methods
The same 6 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is TradeDax safe and legit?
TradeDax is a regulated broker. No. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
TradeDax is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About TradeDax
TradeDax online trading broker and has been carrying out the activity for a long duration.
Who should choose TradeDax?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
- You prefer MT4 or cTrader
TradeDax FAQ
Is TradeDax regulated?
Yes. No.
What is the TradeDax minimum deposit?
The minimum deposit to open a live TradeDax account is $100.
Does TradeDax offer a bonus?
TradeDax currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at TradeDax?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does TradeDax use?
TradeDax uses MetaTrader 4.
Does TradeDax offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at TradeDax?
You can use Bank Transfer, Visa, MasterCard, Skrill, Fasapay and China Union Pay.