The Official Website Of Greendax Cannot Be Accessed Normally At Present. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
Greendax Is An Online Forex Broker That Offers A Range Of Trading Tools Including Currency Pairs, Commodities, Indices, Stocks As Well As Digital Currency Pairs. And Greendax, Investors Have The Flexibility To Choose From Six Trading Accounts With A Maximum Leverage Of Up To 1:400.
The Platform Is Designed To Meet The Needs Of Both Beginners And Experienced Traders, Providing A User-friendly Interface And Comprehensive Tools. Traders Can Access The Platform Through Android, IOS And Web Platforms As Well As Android Apps Optimized For Mobile Devices To Trade Anytime, Anywhere. The Platform Offers Superior Charting Tools With Customizable Charts, Low Latency And Fast Execution, As Well As A Comprehensive Range Of 1200 + Assets.
Although Greendax Offers A Reliable And Robust Trading Platform, There Are Some Limitations To Consider. It Has Limited Educational Resources, Research Tools, Customer Support Options, Advanced Trading Features, Integration With Third-party Apps, Asset Selection, And Account Type Options. In Addition, The Platform's Legality And Regulatory Oversight Are Also Of Concern As It Operates In A Jurisdiction Without Regulatory Scrutiny.
Greendax Offers Multiple Account Types To Meet The Needs Of Different Traders, Each With Its Own Characteristics And Minimum Deposit Requirements. From Beginner Accounts To VIP Accounts, Traders Can Choose The Type Of Account That Matches Their Trading Objectives And Investment Levels.
The Platform Offers Direct Market Access To A Wide Range Of Instruments, Including Stocks, Currencies, Commodities, Indices And Digital Currencies. Traders Can Benefit From Attractive Opportunities In Currency Markets, Diversification Of Commodity Futures And Spot Metals, Exposure To Major Stock Indices, And Easy Trading Of Digital Currencies.
The Platform Offers Low Spreads, Starting From 0.0 Pips, Reducing Transaction Costs And Potentially Increasing Traders' Profitability.
In Terms Of Payment Methods, Specific Details Are Not Publicly Disclosed. However, It Can Be Reasonably Assumed That Traditional Methods Such As Visa And Digital Currencies Such As Bitcoin Can Be Supported.
Greendax Is A Company Registered In Hong Kong Under The Trade Name Greendax Limited With Registration Number 26734bc2022 And Its Business Address Is Located At 1 Peking Road, 1 Peking Road, Tsim Sha Tsui, Hong Kong. Please Note That Greendax Is Not Authorized Or Regulated By Any Regulatory Authority.
Pros And Cons
On The One Hand, Greendax Offers A Reliable And Robust Trading Platform, Carefully Designed For All Types Of Investors, Accessible Via Android, IOS And Web Platforms, And An Android App Optimized For Mobile Devices, Trading Anytime, Anywhere, Advanced Charting Tools With Customizable Charts, Ultra-fast Execution With Low Latency, And Comprehensive 1,200 + Assets; On The Other Hand, It Has Limited Educational Resources, Limited Research Tools, Limited Customer Support Options, Limited Advanced Trading Features, Limited Integration With Third-party Apps, Limited Asset Selection, Limited Selection Of Account Types, And Limited Progressive Addition Of New Stocks To Its Ever-growing Watchlist.
Is Greendax Legal Or A Scam?
Greendax Is A Platform Based In Hong Kong, China, Raising Concerns About Its Legitimacy And Credibility. An Important Issue Is The Lack Of Regulation. Operating In A Jurisdiction Without Regulatory Oversight Means Greendax Is Not Subject To The Same Scrutiny And Safeguards As A Platform Operating Under An Established Regulatory Framework. This Raises Questions About The Transparency Of Its Operations, Investor Protection, And Compliance With Industry Standards.
Another Red Flag Is The Mention Of Questionable Regulatory Licenses. This Suggests That The License Obtained Greendax May Not Be From A Reputable Or Recognized Authority. A Valid And Trustworthy License Is Essential To Establishing The Legitimacy And Trustworthiness Of A Financial Platform. Without Further Information About The Nature Of Such A License Or The Entity Issuing It, It Is Difficult To Determine Its Legality And The Level Of Oversight It Provides.
Suspicious Business Scope Greendax Is Another Concern. While No Specific Details Were Provided, It Means That The Platform May Be Engaged In Activities With Latent Risk Or Even Illegality. This Ambiguity Raises Doubts About The Integrity And Legality Of Greendax's Operations. A Clear Understanding Of The Services And Products Offered By Financial Platforms Is Essential To Make Informed Decisions And Effectively Mitigate Risk.
Market Instruments
Greendax Boasts That It Provides Easy Access To Huge Financial Marekts. Traders Can Diversify Their Portfolios Across Currency, Commodity, Digital, Stock And Index Markets.
Account Types
Greendax Offers A Range Of Account Types To Meet The Diverse Needs Of Traders. Each Account Type Has Its Own Characteristics And Minimum Deposit Requirements. Here Is An Overview Of The Different Account Types Offered Greendax:
1. Newbie Account: This Account Type Requires A Minimum Deposit Of $2,500. It Provides Basic Access To Market Tools Including Features Such As Desktop/web End Points, Mobile Trading, Analytical Materials And One-click Trading.
2. Standard Account: Minimum Deposit From $5,000, Standard Account Offers The Same Features As A Beginner Account, Including Access To Market Tools, Desktop/web End Points, Mobile Trading, Analytical Materials, And One-click Trading. In Addition, It May Offer Swap-free/Islamic Options And Daily Analysis.
3. Intermediate Account: Intermediate Account Requires A Minimum Deposit Of $25,000 And Provides Basic Access To Market Tools, Desktop/web End Points, Mobile Trading, Analytical Materials, One-click Trading, Swap-free/Islamic Options, Daily Analysis, And Expanded Market Coverage.
4. Advanced Account: Designed For More Experienced Traders, Advanced Account Has A Minimum Deposit From $50,000. It Provides Full Access To Market Tools, Desktop/web End Points, Mobile Trading, Analytical Materials, One-click Trading, No Swap/Islamic Options, Daily Analysis, Comprehensive Market Coverage, Special Market Coverage, And Personal Account Manager. It Also Allows Trading Strategies.
5. Points Account: Minimum Deposit Of $100,000. Points Account Provides Full Access To Market Tools, Desktop/web End Points, Mobile Trading, Analytical Materials, One-click Trading, No Swap/Islamic Options, Daily Analysis, Comprehensive Market Coverage, Special Market Coverage, Personal Account Manager, Full Access Strategy For Trading, And Private Instant Support.
6. VIP Account: This Account Type Is Designed For High Net Worth Traders With A Minimum Deposit Requirement Of $250,000. It Offers Full Access To Market Tools, Desktop/web End Points, Mobile Trading, Analytical Materials, One-click Trading, No Swaps/Islamic Options, Daily Analysis, Special Market Reports, Trading Strategies, VIP Personal Managers, Special Event Invitations, And Private Instant Support.
Each Account Type Is Tailored To Meet Traders' Specific Needs And Preferences, Offering A Range Of Features And Services That Match Their Trading Goals And Investment Levels.
Leverage
When It Comes To Leverage, Greendax Allows Traders To Use Leverage Of Up To 1:4, Which Is Significantly Higher Than What Many Regulators Consider Appropriate.
Since Leverage Can Also Cause Significant Losses In Capital, It Is Important For Inexperienced Traders To Choose The Appropriate Amount With Which They Feel Most At Ease.
Spreads
Greendax Offers Extremely Low Spreads, Starting At 0.0 Pips. This Means That The Difference Between The Buy And Sell Prices Of Financial Instruments Is Small, Thus Reducing Trading Costs And Potentially Increasing The Trader's Profitability. Spreads May Vary Depending On The Instrument, Market Conditions And Account Type.
Trading Platform
Greendax Provides A Reliable And Powerful Trading Platform That Has Been Carefully Designed To Meet The Needs Of All Types Of Investors. The Platform Provides Traders With The Right Tools And Resources To Maximize Their Investment In Various Securities, Including Stocks, Futures, Currencies And Digital Currency Pairs.
Traders Have Access To The Trading Platform Of Greendax's Various Channels:
1. Android Trading: Greendax Provides Android Applications Optimized For Mobile Devices. Traders Have Access To All The Necessary Features To Manage Their Accounts And Execute Trades Using Their Android Phone Or Tablet.
2. Web Trading: Greendax Provides A Web-based Trading Platform That Can Be Accessed Via A Web Browser On Any Operating System. Traders Can Conveniently Open And Close Trades Without Having To Download Any Software.
3. IOS Trading: The Platform Also Offers IPhone/iPad Applications That Allow Traders To Sync Their Trades On Their IOS Devices. The Application Provides Real-time Charting Tools That Enable Traders To Make Fast, Informed Trading Decisions.
This Greendax Trading Platform Is Equipped With High-performance Tools And Features To Support Traders At Any Time. Some Of The Core Features Of The Platform Include:
· Superior Charting Tools: The Platform Offers Sophisticated Analytical Tools And Customizable Interactive Charts. Traders Can Access Real-time Data On Their Favorite Assets, Customize Their Watch Lists, And View Charts In Different Time Frames.
· Low Latency: Greendax Ensures Ultra-fast Execution Speeds, Averaging 0.20 Seconds. This Low Latency Optimizes Risk Management, Allowing Traders To Execute Trades Manually Or Set Stops And Limits With Confidence.
· Comprehensive Assets: The Trading Platform Has Over 1200 + Assets To Choose From. Traders Can Expand Their Market Exposure And Trade In Multiple Markets Around The World. Greendax Regularly Updates Its Watch List And Even Includes The Latest Stocks, Offering Attractive Investment Opportunities.
Greendax Prioritizes The Trading Experience Of Its Users. By Providing A User-friendly And Feature-rich Trading Platform, Greendax Provides Traders With The Tools And Resources They Need To Trade Confidently And Successfully.
Trading Tools Provided
Greendax Provides A Range Of Trading Tools To Enhance The Trading Experience Of Its Clients. These Tools Provide Valuable Information And Insights That Help Traders Make Informed Decisions. Here Are A Few Created By Greendax:
1. Economic Calendar: The Economic Calendar Allows Traders To Stay Up-to-date On Major Market Events That Could Impact Global Markets. It Provides Real-time News, Earnings Reports, And Other Economic Events That Help Traders Stay Informed And Adjust Their Strategies Accordingly.
2. Derivatives Expiration: Greendax Provides Information About The Expiration Dates Of Futures Contracts. The Tool Helps Traders Stay Ahead Of The Curve By Tracking The Limited Duration Of Derivative Contracts. By Knowing The Expiration Dates, Traders Can Effectively Manage Their Positions.
3. Trading Hours: The Trading Hours Tool Provides Information On Opening And Closing Times For Different Markets. Traders Can View Market Times For A Particular Exchange To Plan Their Trading Activities Accordingly. The Tool Provides Detailed Information Such As Market Time Zones, Working Days, And Opening And Closing Times On Exchanges Such As Eurex, Moscow Exchange, Tokyo Stock Exchange, Madrid Stock Exchange, And NYSE.
These Trading Tools By Greendax Are Designed To Provide Traders With Valuable Insights, Time Information, And A Better Understanding Of Market Events. By Using These Tools, Traders Can Make More Informed Decisions And Optimize Their Trading Strategies.
Payment Methods
Greendax Offers A Range Of Educational Trading Resources And Market Analysis To Empower Traders. These Resources Provide Traders At International Financial Marekt With A Solid Foundation, Methods, And Methodologies. By Using These Materials, Traders Can Develop Their Core Understanding And Improve Their Trading Skills.
Customer Support
Greendax Relies On Its FAQ Section To Provide Some Common Answers To Questions Related To Trading.
If A Trader Has Any Questions Or Problems About His Or Her Account Or Trading Activity Greendax He Or She Can Only Contact The Broker Through The Following Channels:
Phone: + 18008316765
Email: Info @Greendax.com
Online Communication
Or You Can Follow The Broker On Facebook And Twitter.
Registered Office Address: 12th Floor, Peking Road, 1 Peking Road, Tsim Sha Tsui, Hong Kong
Risk Alert
There Is A Certain Degree Of Danger Involved In Financial Marekt Trading. As Complex Instruments, Forex, Futures, CFDs And Other Financial Contracts Are Often Traded On Margin, Which Greatly Increases The Inherent Risks Involved. Therefore, You Should Carefully Consider Whether This Investment Activity Is Right For You. The Information Provided In This Article Is For Informational Purposes Only.
Conclusion:
Greendax Strives To Offer Competitive Prices, Utilizing Advanced Technology To Ensure Optimal Execution For Traders. In Addition, The Platform Offers A Wide Range Of Educational Resources That Enable Users To Acquire The Knowledge Needed To Make Informed Investment Decisions.
One Of Greendax's Main Advantages Lies In Its Diverse Market Tools. With More Than A Thousand Assets Available For Trading, Investors Have The Opportunity To Enter Various Markets And Explore Different Investment Opportunities. In Addition, Greendax Places A High Value On Security And Takes Strong Measures To Protect Users' Funds And Personal Information.
The User-friendly Trading Environment Greendax Provides Enhances The Overall Trading Experience. The Platform's Intuitive Interface And Comprehensive Tools Make It Easier For Traders To Navigate Financial Marekt. Greendax Also Offers Applications Optimized For Mobile Devices, Allowing Users To Trade Anytime, Anywhere And Stay Informed Of Real-time Market Information.
However, It Is Important To Note That Greendax Does Have Some Limitations. While The Platform Provides Educational Resources, These May Be Relatively Limited Compared To Other Competitors In The Industry. In Addition, There May Be Fewer Advanced Trading Features And Research Tools In Greendax, Which May Affect The Experience For More Experienced Traders. Customer Support Options And Integration With Third-party Apps Are Also Areas Where Greendax May Have Some Limitations.
