Duxa Capital Review
Are you searching for the best broker in the market? You will come across a list of options and among them is Duxa Capital. It is one of the premium and leading brokerages that can be found nowadays. With this broker, you can invest in a wide range of assets with the help of an intuitive and user-friendly interface. Not only can you benefit from a secure and powerful platform, but it also gives you a transparent and fair trading experience. Tradition conditions are optimized due to the addition of innovative trading tools, apps and some other unique features you will not find elsewhere. The broker’s aim is to establish long-term relationships with their clients and so they ensure that high performance results are delivered.
If you are still wondering why it is one of the best brokers of 2019, check out some of its amazing features and offerings:
Trading Features
Duxa Capital boasts a lot of unique features to help their clientele in succeeding in their trading endeavors. One of the first things you will notice about the broker is that it has incorporated several trading platforms to enable people to be able to trade on the go and enjoy a number of tools when doing so. There are a total of three platform options, which are web trader, mobile trader and trading apps. Also, the broker has a variety of educational tools as well as those that help with analysis. Expert assistance is also offered by Duxa Capital. As far as trading options are concerned, you can choose from a wide range of assets including forex, stocks, cryptocurrencies and others. The digital and high-end tools have helped this broker in becoming one of the top brokerages today.
Leverage and Spreads
The leverage and spreads offered by a broker are some of the important things you need to check. If a broker charges commission, you need to know this in advance because it could eat into your profits. The good thing about Duxa Capital is that it doesn’t have any commission applicable and provides you with great spreads that can help you in getting the most from every single trade. As far as leverage is concerned, since the broker offers CFD trading, it also boasts high leverage. This varies for the asset you decide to trade, but the maximum leverage that’s available is 1:200.
Moreover, Duxa Capital has also a horde of trading tools such as stop-loss order, stop entry order and trailing stop that are made available to keep your risk at a minimum. There are money management methods that have also been incorporated, which allow you to save money and also increase it as much as possible.
Trading Platforms
One of the most important aspects of any broker is its trading platform because this is the software that you use for making trades. As mentioned earlier, with Duxa Capital you can find several platforms available and they have been introduced to make trading as convenient as possible. You can choose between web trader, MT4 and mobile app. The web-trader is basically a web-based trading platform that can be accessed via the browser on any device. The only two things you need to use it is a device that has a browser and an internet connection. There is no need to download anything as you only need to log on the website and make use of the slick and convenient user interface.
With this web-based platform, you will find a range of products, features and tools, along with educational material in several formats, which all help you in making as much profit as possible. An appealing thing about Duxa Capital is that it has kept up with marketing trends and offers the Mt4 trading platform to its users. This trading platform is the most widely used in the trading community. This platform is incredibly useful because it allows you to analyze the market and also gives you access to Expert Advisors. They are helpful because they allow you to formulate trading strategies and improve your trading experience.
You can also get a state-of-the-art, scalable and sophisticated mobile app that can be used for performing all essential trading on the fly. The best thing about this mobile app is that it brings everything right at your fingertips and provides you the same features that you find on web-trader. With this platform, you can take advantage of moving and changing trends at your own convenience. The app will have to be downloaded just once and then you can use it easily, no matter where you are. It is available for both iOS and Android devices.
Deposits and Withdrawals
If you decide to sign up with Duxa Capital and want to start trading, you will first have to deposit funds in your trading account in order to do so. The broker has a pre-defined policy for regulating all your deposits and withdrawals and the terms and conditions are also laid out comprehensively. When you wish to deposit funds, you have to use a single source for doing so, such as a bank account. Since the broker doesn’t want its platform to be used for fraud, they have some strict rules that need to be followed. Your account needs to be in the same country of your residence and should be in your name.
The legitimacy of the account has to be confirmed before you can trade with Duxa Capital and that can be done by stating the source or origin of the money that will be used for trading. If you decide to use a debit or credit card for making deposits to your account with Duxa Capital, you will have to deposit a minimum of 250 EUR or GBP. The maximum amount that can be deposited via the use of cards is 30,000 EUR or GBP. If you choose to deposit funds through wire transfer, then the minimum deposit requirement is increased to 500 EUR or GBP.
As Duxa Capital has implemented by AML (Anti-Money Laundering) policy, it means that you will have to use the same method for making withdrawals that you used for making deposits. In addition, it is also essential that the withdrawals be made in the same currency in which the deposits were made, unless otherwise mentioned by the broker. If you decide to use alternative methods for deposits and withdrawals, then you will have to pay some additional fee and may also have to handle some restrictions with the transactions.
While deposits do not incur a cost, there is a fee applicable when you make withdrawals, regardless of which method you choose. This fee is deducted from the withdrawal amount and can vary for the method you select. Again, Duxa Capital may ask for additional documentation and verification before processing your withdrawal request under the KYC (Know Your Customer) policy they have implemented. The minimum amount that you can withdraw via wire transfer is 3,000 EUR or GBP.
Another benefit of signing up with Duxa Capital is that it offers you bonuses from time to time. However, you should know that they are subject to some terms and conditions. When you are withdrawing the bonus amount, all compliant documents have to be provided. Also, no requests for making transfers to a third party are accepted. There are no additional minimum or maximum withdrawal requirements applicable to bonuses. As far as time required for processing withdrawal is concerned, it is usually 5 business days after the request has been submitted. Once the authorities at Duxa Capital approve the withdrawal request, your funds will be credited to your card or account within 10 business days. As your funds are of the utmost importance to the broker, they have taken all necessary precautions to keeping them, such as using segregated accounts and the top banks.
Educational Material and Beginner Support
When you take a look at Duxa Capital’s website, another thing you will like about the broker is that it provides a variety of tools and resources for beginners to become acclimated with trading. The broker’s aim is to let everyone make the most of their investment and so they have added strategically prepared videos, e-books and webinars for traders to learn the nuances of the market and trading. They can also achieve trading success in this way.
There is a wide-range of e-books to be found, which are not only meant for newbies, but can also help experienced traders. You can also come across video courses that can be used for learning and becoming an independent trader. The app also offers webinars, which allows you to watch these educational sessions on the go as per your own convenience.
Trading Accounts
In order to start your trading journey with Duxa Capital, you will first need to open an account with the broker. The purpose of offering a variety of accounts is that they have been designed to accommodate the needs of different types of traders as not all come from the same background. The first account option that you will find at Duxa Capital is none other than the basic account. Since it is the most basic one, it has been designed for people who are new to the market and don’t have a lot of experience. There are also some advanced account types that have been designed for traders who have had some experience in the industry and have been trading for several years.
The differences exist in these accounts for the convenience and benefit of the traders. For instance, only basic education courses and material can be accessed in the basic account because those who are only beginning their trading journey will not be able to make sense of the advanced strategies and tactics. Furthermore, there is some difference in the spreads and commission available in every account. This is a common practice amongst brokers, but the downside is that they offer better spreads to advanced account holders, which means basic ones have to pay a higher price for every trade. This can be demotivating to some.
However, Duxa Capital doesn’t believe in this practice. No matter what account type, the broker has ensured that its spreads are highly competitive. It is true that some features are only offered in advanced account options, but that’s only because it is in the best interest of novices. Another important fact to note is that the minimum deposit requirement of every account type varies. Again, this is in the interest of the traders because beginners may not have a lot of capital they can invest in trading.
Customer Support
Apart from all of the features mentioned above, you also need to take a look at the customer service that the broker offers to its clients. This can often show you the difference between a legitimate and a scam broker. There are several ways through which you can judge the level of customer support that the broker has to offer. You can start with the different ways that can be used for getting in touch with the broker and here Duxa Capital doesn’t disappoint its customers at all. The broker has not only provided an email address that you can use, but there is also a web-based contact form that can also be filled.
With these two methods, the response is given within 24 hours. But, if you are looking for a more prompt option, you can always get in touch with the broker via phone. The company representatives are knowledgeable and friendly. There is also a live chat features available if that’s more convenient to you.
Bottom Line
A full assessment and review of the different features of Duxa Capital show you that the broker indeed has what it takes to be one of the best and top brokerages in 2019. Therefore, it has attracted traders from all over the world and also from different backgrounds and you can also sign up for having a smooth, fair and transparent trading experience.