Summary
User Management/Design: Custom
Company transparency: Transparent
Site security: SSL
Deposit options: Perfect Money, BitcoinCASH, Credit Card, Bitcoin, Litecoin and other Altcoins
Affiliate: N/A
Withdrawal: N/A
Investment: Starts at $250
Profit: 100% to 1000%
User Review
( votes)Status: SCAM
pros
- A user can choose from 8 robots
- Multiple Payment Options
- Multiple Forex & Crypto Pairs
cons
- Top-level robots require a considerable sum of the deposit
- Unavailability of mobile trading option
- Lack of information
- Currently has only one broker
Company
DaxRobot offers a trading platform for CFD and Forex. A user will receive automated signals from the platform. It works on a variety of algorithms and hence it recognizes patterns in trades. Thus, it is able to identify correct signals. A user would be able to profit from these signals.
It is pretty new to the trading industry. Yet, it has already made a name for itself. DaxRobot allows its users to make profit on their investments with minimal interference.
As of now, DaxRobot only supports one broker and that is DAXbase. It has quite a following in the CFDs market though. This market is operated by Clever Technologies.
Product
#1. Cryptohunter1:
The name of DaxRobot’s first trading robot is Cryptohunter1. It requires a sum of $2500 to unlock it. The company claims to offer 1000% profit to its users when they use Cryptohunter1.
#2. Crypto ADX 2.0:
This trading robot is unlocked when a user deposits a sum of $500. The company claims to offer 359% profits to its users.
#3. RSIMA Cross:
The deposit amount to unlock RSIMA Cross is similar to that of the Crypto ADX 2.0. Hence, RSIMA Cross trading robot unlocks when a user deposits $500. It is claimed by the company that RSIMA Cross offers a profit of up to 300%.
#4. XProfit
XProfit trading robot requires a deposit of $250 to unlock it. The company claims that XProfit offers its users around 258% profits.
#5. Ichimoku Crypto v2:
Ichimoku Crypto V2 requires its users to deposit a sum of $250 to unlock. The claimed profit rate for this robot is 225%.
#6. Rising East v1.2:
DaxRobot claims that Rising East v1.2 offers 154% profit to its users. The minimum deposit to unlock this trading robot begins at $250.
#7. Strong US v2
Strong US v2 requires its users to deposit a sum of $250 to unlock. The claimed profit rate for this robot is 113%.
#8. HP Cycles
HP Cycles’ trading robot requires a deposit of $250 to unlock it. The company claims that XProfit offers its users around 111% profits.
Conclusion
Auto trading robots are becoming quite popular in recent times. Most of them claim that they have some special algorithm backing their robots. The reality is that these talks are just hogwash. It is commendable that DaxRobot doesn’t claim to be a special kind of trading robot. DaxRobot mentions outright that their trading robot is based on basic technical indicators.
We suggest that users don’t fall for too much dreamy scenario presented by the trading robots. Take your time to validate the claims made by all robots regardless of how popular they are.
From our research, we found that DaxRobot may not be an outright scam as such. However, it doesn’t seem to be as profitable as it claims to be. Be vigilant and choose only the ones that make reasonable claims. Contact their customer care for detailed information about their trading robots before you decide to go for them.
UPDATE: We have many reports of members losing all the deposit in a few days why we see no other option than place DaxRobots in the Scam section with a warning to join them.
