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/10

DUALIX

Cyprus|5-10 years|
Suspicious Regulatory License|White label MT4|Regional Brokers|Cyprus Market Making(MM) Revoked|High potential risk|

https://dualix.maxigrid.com/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

Dualix-Demo

United States
MT4
2

Influence

D

Influence index NO.1

Cyprus 2.52

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
Dualix-Demo MT4
Server Location United States

Influence

Influence

D

Influence index NO.1

Cyprus 2.52

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 25056200
support@dualix.com
https://dualix.maxigrid.com/
16 Stasikratous, 6th Floor, 1065, Nicosia, Cyprus.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Sanction

CY CYSEC
2022-06-17
CYSEC Board Decision
DUALIX
AGM Markets

Sanction

CY CYSEC
2022-06-07
CYSEC Board Decision
DUALIX
AGM Markets

Contact number

English

+357 25056200

Broker Information

More

Company Name

Maxigrid Limited.

Company Abbreviation

DUALIX

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 145/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

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DUALIX · Company Summary

General Information & Regulation

Dualix is owned and operated by Maxigrid Limited. Maxigrid Limited is a Cyprus Investment Firm, authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 145/11 and registration number HE269879.

Market Instruments

Dualix offers investors a range of financial trading assets, mainly CFD products in currency pairs, indices, commodities, precious metals, stocks, and cryptocurrencies.

Minimum Deposit

There are six different types of accounts available on the Dualix platform: Basic (minimum deposit of €250), Bronze (minimum deposit of €1,000), Silver (minimum deposit of €2,500), Gold (minimum deposit of €5,000), Platinum (minimum deposit of €25,000), and Premium (minimum deposit of €50,000).

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Dualix Leverage

Dualix, as a European based broker, fully complies with the EMSA regulation, offering maximum trading leverage for major currency pairs capped at 1:30, 1:20 for minor currency pairs.

Spreads & Commissions

Spreads are fixed for Basic accounts, 3 pips on EURUSD. Bronze accounts come with a spread of 0.1 pips and a commission of 10 EUR per lot. Silver accounts have a spread of 0.1 pips and a commission of 10 EUR per lot. Gold accounts have a spread of 0.1 pips and a commission of 10 EUR per lot. The spread on Premium accounts is 0.1 pips, and the commission is 7 EUR per lot. Premium accounts have a spread of 0.1 pips and a commission of 5 EUR/lot. Moreover, Dualix charges an additional 1000 EUR fixed fee for inactive accounts, a 500 EUR support fee, and a monthly maintenance fee of 25 EUR.

Trading Platform

Dualix offers traders the most popular MT4 trading platform on the market today. MT4 is a reliable trading terminal that most traders are familiar with and happy to use. The trading terminal is proven to be reliable, user-friendly, and has all the features traders need, easy to customize, with excellent charting options and support for automated trading robots (Expert Advisors).

Deposit and withdrawal

Dualix supports traders to deposit and withdraw funds to their investment accounts via wire transfer, VISA/MasterCard, PayPal, Skrill, Klarna/SORORT, Ideal/PPRO, GiroPay, Mister Cash.

Trading Hours

forex market is open 24 hours a day, five days a week. However, thats not strictly true. All the big banks take a few minutes to break between the New York close and the Sydney open. During this period, most major players in the forex market stop trading which means liquidity is depleted from the market and spreads become very wide. During this time, the forex market becomes a very inhospitable place to trade.

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News

WIKIFX REPORT: CYPRIOT LICENSE OF DUALIX & AGM MARKETS PARENT WHOLLY SUSPENDED

NewsWIKIFX REPORT: CYPRIOT LICENSE OF DUALIX & AGM MARKETS PARENT WHOLLY SUSPENDED

2022-06-29 14:28

After several months of pause, the Cypriot authorities is once again flexing their muscles and actively finding compliance irregularities.

WikiFX
2022-06-29 14:28
News
WIKIFX REPORT: CYPRIOT LICENSE OF DUALIX & AGM MARKETS PARENT WHOLLY SUSPENDED
WIKIFX REPORT: CYSEC TO COMPENSATE CLIENTS OF DUALIX & AGM MARKETS

NewsWIKIFX REPORT: CYSEC TO COMPENSATE CLIENTS OF DUALIX & AGM MARKETS

2022-06-29 14:08

The Cyprus Securities and Exchange Commission today announced the initiation of the process of compensating the clients of Maxigrid Limited (trading as Dualix & AGM Markets), which saw its license lapsed in February.

WikiFX
2022-06-29 14:08
News
WIKIFX REPORT: CYSEC TO COMPENSATE CLIENTS OF DUALIX & AGM MARKETS

User Reviews

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2

Comments

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Tom_Luck
more than one year
Well, I have to say that DUALIX isn't the best choice for beginners like myself. The deposit requirements are sky-high, and even the regular account spreads are pretty steep. It's just not very accessible or affordable for someone starting out. Plus, I found the platform to be a bit overwhelming and not very user-friendly.
2023-03-27 10:50
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0
0
FX1261759452
more than one year
One of the worst customer service I’ve ever dealt with. They are not willing to help you out all they seem to do is pass it on to someone else and then when I did what they asked, and got everybody on the phone call they were like oh I’m sorry we can’t handle this. So once again, nothing gets resolved. My issue has been going on for six months now...
2023-02-23 15:48
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