Greendax Review

Greendax Review 2022: Everything You Need To Know

Finding a reliable broker is getting crucial every day. Our professional financers and analysts work hard to conduct the proper research, evaluate the brokerage companies, and protect traders from scams. Today, we will proceed with a Greendax review.  A newly appeared broker that disserves our attention.

About Greendax: General Information

Greendax is a brand new online broker offering clients the opportunity to trade various assets. Brokers operate through CFDs, a popular method for brokers to assemble large asset pools. Later in our Greendax review, we will discuss more about the assets offered by the broker.

Greendax operates in Hong Kong at Level 12, One Beijing 1 Beijing Road, Tsim Sha Tsui.

Launched in 2022, the broker is a modern broker with advanced software features.

It also has reasonable budget requirements, thus expanding the range of potential audiences.

As for the website and navigation, Greendax is definitely in line with modern UI and navigation trends. It’s straight to the point and doesn’t waste a lot of money on its website. It takes you directly to your destination and gives you quick access to the information you need. This results in a pleasant browsing experience without wasting time browsing ad content.

Our first impressions of the Greendax test were very positive. It is a broker that is not afraid to forge its own path and build services to please its clients. Let us discuss the characteristics of the broker in detail.

Safety Of Funds At Greendax

Security is undoubtedly one of the essential components of a good brokerage business. Therefore, if a broker wants to compete with the top dogs in the market, they need to be safe. This includes security against external threats and proof of its proper functioning.

Speaking of Greendax, the broker passed our inspections and showed no signs of malicious intent towards users. Customer support is responsive and friendly and can quickly resolve any type of issue. This also enables a smooth communication flow and keeps users informed.

Also, the broker’s overall setup maximizes clarity and clarifies that they are not scam brokers. You can get a quick overview of everything you need to know by checking out greendax.com. The company will not mislead you or knowingly hide what you need to know. Therefore, its traders can fully understand the experience.

We should also mention that Greendax’s legal information and terms are immaculate and transparent. Brokers make this type of documentation as easy as possible. So even if you’re not a legal expert, you can understand what it expects and rewards you. Another aspect of the brokerage service makes us believe in its credibility.

Finally, we should also mention the encryption and external security measures in the account authenticator. Both do an excellent job of protecting users from outside influences, as long as users are aware of their online security.

Trading Platform at Greendax

In our Greendax review, this is a genuinely modern brokerage. Of course, this includes its platform, which is designed to optimize efficacy and intuitiveness. This makes it easy to access for those who are converting or just starting. It also avoids the danger of oversimplifying the platform to make it as easy to use as possible. Instead, it is highly customizable, allowing novices and experts to trade in their own way.

The platform supports sophisticated analytical functions and multiple types of orders and charts. That means it’s a powerful tool that can help you trade and improve as you become more confident.

You can access the platform through a browser, WebTrader, or mobile device. The software runs on Android and iOS so that you can access it regardless of your device.

Trading Assets at Greendax

This broker offers its traders an extensive trading library. There are options for all popular trading tool categories, and each section is in-depth in its own right. Here are the most popular assets and some fringe options for those who like to explore. Here’s what the traded product categories look like on greendax.com:

•     Forex
•     Stocks
•     Commodities
•     Indices
•     Cryptocurrencies

Trading Accounts

The minimum deposit required for a live account is $2500. This still means you can trade with the money; it’s just the broker making sure you have enough disposable income. It is also used to determine a broker’s risk profile to meet regulatory requirements. However, once you deposit your first $250, you have a basic account that gives you access to all core features.

Here’s an overview provided by a greendax.com account:

Beginner

•     From $ 2,500
•     Basic access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading

Standard

•     From $ 5,000
•     Basic access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading
•     Swap Free/Islamic
•     Daily Analysis

Intermediate

•     From $ 25,000
•     Basic access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading
•     Swap Free/Islamic
•     Daily Analysis
•     Market Coverage

Advanced

•     From $ 50,000
•     Full access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading
•     Swap Free/Islamic
•     Daily Analysis
•     Market Coverage
•     Special Market Coverage
•     Personal Account Manager
•     Trading Strategies Allowed

Integral

•     From $100,000
•     Full access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading
•     Swap Free/Islamic
•     Daily Analysis
•     Special Market Coverage
•     Trading Strategies Allowed
•     VIP Personal Manager
•     Special Event Invitations
•     Private Instant Support

VIP

•     From $250,000
•     Full access to market instruments
•     Desktop/Web Terminal
•     Mobile Trading
•     Analytical Materials
•     One-Click Trading
•     Swap Free/Islamic
•     Daily Analysis
•     Special Market Coverage
•     Trading Strategies Allowed
•     VIP Personal Manager
•     Special Event Invitations
•     Private Instant Support

Trading Conditions

At the beginning of our review of the Greendax broker, we mentioned its complex technical setup. On this basis, the broker manages to offer top-notch trading conditions that allow it to compete with experienced brokers.

On top of that, the broker offers a leverage of 1:400, which is relatively high. Its funding, platform, and asset diversity are also top-notch. For deposits and withdrawals, it offers countless options with the greatest possible speed. Many trading products are in different categories, and the platform is fully optimized.

Last but not least, we should also mention the broker’s sophisticated analytical capabilities. These make it easier for traders to predict future market events and act accordingly. Brokers provide you with more support as you navigate your account, so there is a good chance of getting help.

Deposit and Withdrawal

Pricing is a significant point for any broker. Companies need to ensure they secure proper funding for their operations and profits. The funding procedure is relatively smooth at Greendax.com. Generally, the broker approves Visa cards and Master cards, and bitcoin payments for payment methods. They do not apply additional commission fees while making transactions or withdrawals.

However, the extra fees might appear from your bank’s side. Usually, withdrawals take up to 5 business days. Feel free to reach their customer support service if there are any delays.

Customer Service at Greendax

Greendax follows the standard brokerage support structure.  The website is available in English and French and operates on a 24/5 schedule, and you can reach it via email, phone, or live chat.

• Phone: +18008316765
• Email: [email protected]

Greendax Review: Conclusion

Greendax is a company that acts as if it’s been around for a long time while delivering a modern experience. This combination of the best of both worlds is beneficial to traders because the service is in their favor. Each trader type has an account type and a large asset pool. This means traders can use their skills and trading strategies to gain the upper hand.

The broker supports this desire with its features that emphasize the individuality of the trader.

Overall, we are satisfied with Greenbax’s service and recognize them as a loyal and reliable brokerage.