Trading can be both thrilling and disastrous depending on the knowledge you possess and the platform you choose. It has multiple underwater stones and traders, especially new ones, may face a variety of problems if not devoting enough time to researching and learning.
One of them is choosing a right broker. If you fail to find a reliable, reputable and competent platform, you risk of losing investments. That is why this manual will be useful for users of all proficiency levels and for those, who are thinking whether to entrust their money to DaxRobot or not. Make yourself comfortable and let’s get started!
DaxRobot is an automated platform for trading, which generates signals taking into account a variety of algorithms and systems of recognizing patterns. It allows to identify correct signals and to use them for making profits.
In other words, with Dax Robot you will be able to make money with minimum interference just sitting at home and sipping coffee. What can be better than that?
Benefits of DaxRobot include:
- A simple and convenient interface, which allows users to master trading with ease. Even if you are completely new to the world of online investments you will easily understand how to get started;
- Customer support always provides timely assistance and their managers speak multiple languages for maximum convenience. In addition, they can be reached through the phone or via email and a live chat with a video option;
- There are no additional fees for those, who decide to use DaxBase. Only the minimum deposit!
- Considering that the service is relatively new, there is a slight incoordination on the website and the income claims may be quite challenging to achieve;
- DaxBase is the only broker the platform can be integrated with, which greatly limits traders;
- Demo sessions are only one minute long and afterwards you need to make a minimum $250 deposit;
- Partner-broker is also new to the field and is unregulated.
Although DaxRobot doesn’t have such a long operating history, it definitely has a few features that competitors can’t boast. Here are the main of them:
DaxRobot can offer a variety of trading bots with new ones emerging on regular basis. Every robot is listed depending on the profits and if you look at the top ten you will see that their profit percentages start at 97%.
Every robot has a number of characteristics. For example, you can choose a bot depending on the market it works with. You can also choose a market depending on the cryptocurrency you are interested in (BTC/USD, LTC/USD or others).
It is important for every trader to choose a robot that complements trading strategies and levels of risks. Don’t forget that every robot is locked after a demo period and you can unlock it by making a certain deposit (different for various bot types).
At the moment, DaxRobot can be integrated only with DaxBase (a partner service and a forex broker). Unfortunately, representatives of the company didn’t give any information on their plans on integrating other brokers, for example FXTM.
For a regular user this means that you should first create a DaxBase account and only then start utilizing DaxRobot. However, despite the fact that DaxBase is quite new on the market, it has a solid reputation and more and more users choose it for their trading operations.
DaxRobot Availability and Pricing
Luckily, DaxRobot can be used almost in every country. For example, its partner-broker DaxBase can be utilized anywhere except the USA.
DaxRobot has a demo version but it ends after a minute. To start trading you need to unlock the chosen robot, each of which has its own minimum deposit (starting with $250).
To make deposits or withdraw money, you should first create a DaxBase account and place your money there. Here are only some of the deposit methods: Ethereum, Bitcoin, Dash, Litecoin, Netteller and Skrill. On top of it, credit/debit cards can also be used.
The same methods are applied to withdrawals and the processing time is very short.
DaxRobot Deposits and Withdrawals
As it has already been mentioned above, there are no concrete fees for utilizing DaxRobot. You are only limited to two facts: your deposit should be minimum $250 and you must use DaxBase broker. These rules should be followed not depending on the bot you choose.
Keep in mind, if you use credit or debit cards, the system will charge 5%. The platform offers three types of accounts:
- Bronze. $250 deposit minimum;
- Silver. $1000 deposit minimum. You get access to Champion Class;
- Gold. $3000 deposit minimum. You are assigned with a personal manager.
How to Use DaxRobot Software
At first it may seem quite difficult to master this automated trading platform. However, DaxRobot is really friendly and simple to use, so even beginners will understand what to do. The platform did their best to make the interface easy to understand even for the users, who have never traded before.
Actually, the only thing you should do to turn on automated signals is to log in to the system! You will get a chance to alter the system based on your preferences but DaxRobot took care of everything and have already configured the process to initialize winning signals!
If you look at the panel on the left, you will see a variety of bots that are listed based on the accuracy percentage. This allows choosing the best session depending on the strategy you have. The system will also prevent you from overly impulsive decisions if you know that you can lose your head.
Unfortunately, some beginners or too emotional traders decide that it is better to place signals without a robot, which results in losing all the investments. To be on a safe side it is better to take your time, choose a proper robot and then just sit and watch!
To register in the system you need to follow the stages below:
- Open a free account;
- To activate it you need to make a deposit (minimum $250);
- Before starting a new session, read the news (for example, on investing.com) to be sure that the pairs you are going to trade with are stable and strong;
- To increase your chances of winning, make sure you watch a variety of tutoring videos and read articles of reputable traders;
- When you have earned the money you wanted to earn, initialize the withdrawal and enjoy the earnings!
To avoid any problems with synchronization, it is recommended to make a deposit right after you create an account.
DaxRobot offering is very clear and understandable: this automated system for traders produces speedy results. However, before starting using the platform you should keep in mind that there are several reservations.
First of all, you need to put aside the thought that you will double or even triple your money within a day. Market situation is constantly changing and trading robots can’t predict or greatly influence the situation.
Income rates of 200% are very rare on all of the platforms, including automated systems. That is why DaxRobot’s suggestion of doubling or tripling incomes is far from reality. Although, if you don’t expect a speedy result or a whirlwind income, DaxRobot proved its reputation and can be recommended to traders of all levels of expertise. The only disappointment is that DaxRobot uses a single broker, which limits options of traders.
Trustworthiness and Support
Any trader knows how important it is to choose a reliable broker. Actually, most of the users will choose a more expensive system if it has additional guarantees. Luckily, DaxRobot is one of them. This system has just enough information to show that it is reputable (awards, reviews) and not to bore the user with irrelevant details.
Another important fact that shows that DaxRobot is worth attention is the quantity of positive testimonials. Actually, it is almost impossible to find a negative comment and users seem to be very satisfied from using the platform.
Customer support is another important issue that indicates whether the platform can be trusted or not. You can contact their managers via live chat, email or a phone call. You can even have a video chat with the support team member, which is quite weird but why not?
Such a variety of options means that they take care about the users and are always ready to provide necessary assistance. Moreover, if you become a gold member, you will have your own VIP manager.
Recommendations when using the Dax Robot
Now, when you know what DaxRobot is and how it operates, you only need to keep in mind a few tips (actually, they can be applied not depending on the trading platform you choose).
Considering the fact that DaxRobot is quite new on the market, you will need to control the trading session. Moreover, it is highly advisable to follow the news: if something unpredictable happens, your earnings may burn and you will lose everything.
In addition, it is recommended to turn the system off when you earn the profits you planned to earn. Over-trading is a popular problem for users, who don’t know when to stop. If you want to earn and not to lose, shut the system off and withdraw your money to be on a safe side.
It is now a right time to summarize everything that was stated above. DaxRobot is a new automated trading platform, which has lots of benefits. It is very simple to use, so even if you are new on the game it won’t be difficult to start trading.
Managers of the support team show their professionalism and can always answer any of the questions, even if your native language is not English. However, you need to remember that DaxRobot is relatively new on the market, so slight imperfections may happen.
The system has all of the chances of being called a reputable and profitable platform, so the only thing they require is time. Users can entrust their money to the platform, choosing the robot they prefer, making no additional payments and withdrawing earnings within minutes.
It is a great start for a trading platform and DaxRobot is surely worth your attention if you are looking for an automated system that will save your time and money.