DAX-300 is an offshore investment company that claims they are offering digital currency and Forex services to investors. The company has been in the market since 2018. Unfortunately, they have already exited the market.
It would help if you were not surprised when they come back using a clone website. It is an everyday norm with these pyramid schemes. DAX-300 claims that they have the popular MetaTrade4 platform.
Traders can also use mobile app and tablet trading platforms to perform their trading activities. DAX-300 brag of having over 100 assets that their clients can select from. The least amount that you can deposit in this shady company is 250 EUR.
ELRICS Brothers Ltd allegedly owns the company. They display the information to confuse traders by appearing like a transparent company while, in reality, they are operating anonymously, and nobody knows who they are.
You have the right to know who is handling your money and the qualification that they offer. Moreover, there is no information regarding their cryptocurrency trading. The currencies that they are trading, the win, and drawdowns that they offer. The company more
However, we would not recommend any trader to deposit money with these scammers. If you want to trade Forex, you should do so with a legit brokerage in the industry. There are better cryptocurrency trading bots that can also optimize your profits.
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DAX-300 offer clients with various trading opportunities. You can trade Gold, Forex or currency pair, and silver. The company has a demo account that users can familiarize themselves with their services.
Sadly, the numbers that are projected in the demo are entirely different when it comes to real-time trading. You will only end up making huge losses if you venture with this pyramid scheme. Moreover, in this Ponzi scheme demo, there you can only see Forex pair they do not offer the other assets that they claim customers can trade.
DAX-300 offers a massive spread of 3 pips; this is more than what the standard market offers. It should not be taken as an advantage as you will only lose money in the long run; it should be termed as a red flag.
The leverage that they offer is 1:100. It is attainable; sadly, it is only meant to lure you into trusting them more. Your only method that they accept clients to deposit funds through is via Wire Transfer, Credit and Debit Cards, and credit voucher.
The languages that the website can be accessed are English, Germany, and Italian. From this information, you can see they target citizens from these areas. They provide educational material in the form of webinars and videos to traders in their Gold and Platinum plans only. The services are not available for a standard account.
Additionally, they send marketing news, and weekly market analysis to all traders expect for those who are in the Standard plan. They have a welcome bonus that they offer at 40%, 60%, and 100% for Standard, Gold, and Platinum.
The company offers 24/7 customer support services. You can contact them via telephone; +442080891542 or on their email address; [email protected] The company will only contact you when they need more money from you.
Once you deposit a considerable amount of money, they will ghost on you. That when you will realize you have lost your funds. It would be best if you were extra careful when dealing with companies that are offering absurd rewards.
The platform is allegedly located at Griffith Corporate Center, Suite 305, Beach mount, Kingstown, St Vincent, and the Grenadines. The area is a hotspot for the majority scam investment company. The setup cost in this area is cheap, and the government does not regulate Forex.
As we all know, pyramid schemes always display a false location for them to appear credible. Pyramid schemes will never reveal their real identity or location to their victims.
Any financial watchdogs in the industry do not regulate DAX-300. It is point blank that they are operating illegally. Investors should avoid any company without a regulatory document like the plague.
Despite there being advantages of venturing with unregulated companies, in the long run, the risk involved is not worth it. They claim that their location is in the UK, but they are not in the FCA database.
DAX 300 accepts investors from all over the world, and it is prohibited by law for a company to collect funds from members of the public without a license. The company does not segregate funds of their clients; additionally, your funds are on the verge of being stolen. The platform will eventually exit the market.
DAX-300 has negative reviews from many investors. The company is being accused of not paying those that invest with them. If you refuse to spend with these scammers after they call you, they will rain on you with all forms of insults.
Investors have had a bad experience with the firm, and they urge other people to stay away while they still can. Before you deposit your funds, ensure you know what other people are saying regarding the company. Performing thorough research will save you to avoid scammers.
The company has made away with much money the reason why you should not invest with the platform. With all these red flags, we do not expect our readers to keep fattening the pockets of these fraudsters.
Yes, the company is a scam platform that is being run by professional fraudsters. They have a lot of bogus and false information on their website. They brag of being the best currency, Forex, and stock in South Africa, Europe, and other countries.
If they are doing so well in the market, why are they not among the top companies in the market? Furthermore, why does DAX-300 lack performance reports or screenshot from those who have already received their earning?
There are no investment services that this Ponzi scheme offers. They only have a top-notch marketing strategy which they are selling to investors despite them claiming to have numerous offices in the market we could not verify their claims.
The shady entity claims they have an MT4 feature since they know it is famous t many traders. However, they do not offer anything, and the information that they have on their website is inadequate to prove they are indeed the best choice.
With all these loopholes, it would be unwise to proceed with them. The business model that they are using is also lurking and unknown to investors. The Italian authority has also issued a warning against the companies that are behind the operations of DAX-300. Additionally, Austria does not permit to carry out their services.
The complaint that they have already received is enough indication that they are the worst brokerage in the industry. The pyramid scheme is using enticing deals to lure clients into their websites.
There are better-licensed companies in the industry that offer Forex brokerage services. Unfortunately, DAX-300 is not among these companies. Those who invest with them will only lose funds.
The company offers very high returns, which is a major red flag. They also have no proof of payment to back up their allegations. The only thing you can do is to avoid this platform.
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