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Daweda Exchange Review 2019 – Is Dawedafx.com Scam or Legit?

Daweda Exchange Review 2019 – Is Dawedafx.com Scam or Legit?

Daweda Exchange Review 2019 – Is Dawedafx.com Scam or Legit?

Quick Review

NameDaweda Exchange Review 2019 – Is Dawedafx.com Scam or Legit?
Founded 2014
Legal Entity Daweda Exhange LTD
Turnover up to 100%
Minimum deposit $100
BonusNo
Full AddressCyprus, Egkomi, 1, 28th October str, Porfyriou Dikaiou, Makedonitissa, 2414
Phone +357 2227 5000
Regulation CySEC
E-mail support@daweda.com
Visit Broker
Daweda Exchange is not your regular brokerage firm, but an exchange
Everything is designed to ensure traders have the best possible environment for their trading success.

First Impressions

It is all about the trader at Daweda Exchange, the trading platform is entirely web based with no need to download or install software. For those traders who want to trade on the go, Daweda also offers a mobile App for Android and iOS, available from the respective App stores.

Daweda exchange

Daweda offers options trading via an exchange platform and they have made it incredibly easy for traders to understand how to trade the ‘Daweda Exchange way’. There is a comprehensive ‘How to Trade’ section that features a detailed glossary, an extensive FAQs section, a platform guide as well as an illustration of their innovative Order Book. Additionally, there is also the mark of safety – a verified badge that confirms Daweda Exchange is fully regulated by the well-respected Cyprus Securities and Exchange Commission (CySEC).

Daweda Exchange Trading Platform

Daweda exchange

Daweda Exchange uses its own proprietary trading platform that makes options trading simple, but is packed with many advanced features and an excellent user experience. As an exchange, the Daweda platform matches traders against each other simultaneously and seamlessly to ensure excellent execution speeds.

Auto trading system

The platform is easy to navigate and offers traders a variety of possibilities. There is an auto trading system (ATS) that can easily be activated with a single click. This will allow placing of trades in your account by Daweda Exchange’s tested and proven free Auto Trading System. Could there be a conflict of interest? Absolutely not! This is because, as stated earlier, Daweda Exchange is not your regular brokerage firm, but an exchange. Daweda only makes money from trading activity, and not on losing trades. Daweda Exchange traders earn 100% returns on successful trades, by paying only the standard $0.50 per contract.

Daweda Auto Trading System

There is a short range of assets available on the Daweda Exchange platform, but traders can build their own portfolio watch list by listing their preferred assets on the Favorites tab. This can make it easy to enjoy the benefits of one of Daweda Exchange’s most innovative features – the Order Book.

Order Book

Order book

Updated in real time, the Order Book helps traders to get a picture of other traders’ activity in the market in relation to particular assets. In addition, a trader can load their desired trade into the Order Book as well as review a list of all the available contracts and their respective price levels. The book is well organized, consisting of 2 parts, which include the Call orders and Put orders that are available for purchase. A trader can simply select their desired price level and they then have full control of all their trades and the positions they have entered. If an order remains unmatched, no fees will be charged. To top it off, if an order is not filled at the desired level, or if the asset’s price changes, the contract will automatically be returned to the Order Book until it is matched.

Hedging

Hedging - Get 200% profit

An effective strategy available at Daweda Exchange is hedging, which occurs when a trader opens a position in the opposite direction to an existing open position. This is done in order to protect the initial trade in case it ends unsuccessfully. Since traders are negotiating contracts directly with other traders on the Daweda exchange, hedging positions can be negotiated at any time, to match a trader’s strategy and risk appetite. Opening a hedging position on the platform can be achieved by simply clicking on the “Hedge” button on the platform, setting your desired level and then waiting for the hedged positioned to be matched by another trader. A simple, yet highly effective trading tool!

Daweda Exchange Bonus

Daweda Exchange does not offer the conventional welcome bonuses that many brokerages offer due to the unique exchange structure. However, they do offer numerous benefits to compensate traders; first and foremost: 100% returns for in-the-money trades. Daweda also rewards traders with their monthly cashback, where the more you trade, the more you are reimbursed, irrespective of whether your trades ended in or out of the money.

Deposit Methods

Deposit and withdrawal methods

Daweda Exchange traders can fund their trading accounts using a variety of safe, secure and convenient payment methods. Deposits can be made using a choice of debit/credit cards, Skrill, WebMoney and bank wire transfers. Traders can begin trading as soon as the simple deposit process is completed and the minimum deposit amount is $/£/€ 100.

Customer Support

At Daweda Exchange, the customer comes first. Everything is designed to ensure traders have the best possible environment for their trading success. There are comprehensive ‘About’ and ‘FAQs’ sections; but if traders wish to speak to Daweda Exchange agents directly, their customer staff is on hand to handle all their inquiries, 24/7. The staff is very professional, warm, and highly responsive. They can be contacted anytime via live chat, email, phone or SMS.

Assets

On the Daweda Exchange platform, traders can trade a quite a short range of asset classes (around 25) that include forex pairs such as EURUSD, GBPUSD and even Bitcoins; commodities, such as gold and oil; indices, such as Dow Jones and DAX Future; as well as stocks, such as Barclays and Apple.

Final Thoughts

Daweda Exchange has a truly unique offering that is convenient and easy to use, yet boasts a selection of advanced features to meet the needs of even seasoned professional traders. All of this backed by the fact that Daweda is regulated that gives traders the confidence and peace of mind they have a partner that truly cares for their trading success.

Advantages

  • Transparent trading
  • Up to 100% Payouts
  • Free Automated Trading
  • Monthly Rebates
  • CySEC regulation
  • 24/7 Trading
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