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Dualix

Cyprus|2-5 years|
Regulated in Cyprus|Suspicious Regulatory License|Suspicious Scope of Business|Cyprus Market Making(MM) Revoked|High potential risk|

https://dualix.maxigrid.com

Website

Rating Index

Contact

+35725056200
support@dualix.maxigrid.com
https://dualix.maxigrid.com
214 Arch. Makariou III, Ideal Building, Office 301, Ayia Zoni, 3030, Limassol, Cyprus.

Licenses

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

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-28
  • 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!

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Dualix · Company Summary

BASIC INFORMATION

Maxigrid Limited owns Dualix, a reputable CFD and Forex online broker with many years of expertise. Its goal is to provide both active and passive investors with attractive options. The broker offers a wide variety of markets to pick from and the best trading tools to aid clients in their trading.

Forex currency pairs, cryptocurrencies, energy goods, precious metals, soft commodities, as well as European, Asian, and US equities and indexes are all included in the list. Additionally, Dualix provides CFD trading, which enables users to speculate on the movement of various instruments independent of their level of expertise or available funds. It carries a considerable level of danger, though.

The Portfolio Management Team and Concierge Trading Service are two more services that Dualix provides.

You get the aid of experts when you sign up for their portfolio management. They assess and carry out the finest investment plans for you. It's an excellent choice for those who have the money but lack the time and knowledge to trade.

A trader who resembles a personal assistant is offered by the concierge service. They are responsible for reviewing your trading and investing plans. Making the line between brokers and trading robots is a smart idea. For instance, Dualix enables you to manually exchange a variety of assets either by yourself or with the assistance of their crew. On the other hand, the majority of auto-trading robots rely on sophisticated algorithms that continuously scan the market for the best transactions. Depending on your settings, they either carry them out or notify you when that occurs.

Trading robots must work through an internet broker since they are unable to take money directly from you. Robots like Oil Profit and Bitcoin Era must thus transmit money via reputable brokers like Dualix.

LICENSE

The Cyprus Securities and Exchange Commission (CySEC), the official supervisory body in charge of transactions in transferable securities and investment services in the Republic of Cyprus, regulates and issues licenses to Dualix. Their registration number is 269879, and their license number is 145/11.

The Austrian Financial Market Authority, the German Federal Financial Supervisory Authority, the Belgian Financial Services and Markets Authority, and many other European financial market supervisors and authorities have all registered this online broker.

Dualix complies with several legal and regulatory frameworks established by the European Securities and Markets Authority as a European Investment Firm (ESMA). It principally adheres to the Markets in Financial Instruments Directive II (MiFID II), a pan-European legal framework that assures the control of all financial products disseminated within the European Union.

TRADING PLATFORM

Dualix offers multiple trading platforms, including some of the top-rated ones available: MetaTrader 4 and 5. These are available as mobile and desktop applications and provide advanced trading features with intuitive user controls. Dualix also has its own web-based trader thats accessible even without an account.

METATRADER 4

Despite the release of its replacement platform, millions of traders and investors have continued to use MetaTrader 4 (MT4) for more than a decade. It includes top-notch technical and analytical tools and a user interface that is simple to use and resembles those of other Windows software. It's simple to locate the elements you need on this trading platform to study and trade effectively.

Market Trader 5

The successor to the most widely used trading platform is called MetaTrader 5 (MT5). It features a number of upgrades and advances over the prior MT4, as one would anticipate from a new model. It contains additional chart items, timeframes, and technical analysis indicators. Partial fills and level 2 market data are both offered by MT5.

Sadly, it does not support backward compatibility. Software created for MT4 cannot be used with MT5. Because of this, many traders still use the earlier version. However, it does have stronger backtesting and depth of market capabilities.

Dualix Trader

You can access this trading platform directly from the web browser of your desktop. Its also accessible from Android and iOS devices. This platform allows you to buy and sell every trading asset that Dualix has and offers some essential functions such as Stop Loss and Take Profit. The charts have several configuration settings as well to enable more in-depth analysis.

BUSINESS SCALE

Dualix provides 24/5 access to hundreds of assets. You can trade Forex currency pairs, digital currencies, soft commodities, precious metals, and other products with flexible CFDs. It also offers the ability to exchange stocks.

ACCOUNT TYPES

There are five different account kinds offered by Dualix: Basic, Bronze, Silver, Gold, and Premium. These accounts satisfy the needs and goals of the majority of traders. Their respective minimum deposits are 250, 1000, 2500, 5000, and $50,000 USD. A demo account, live chat assistance, and access to MT4, MT5, and Dualix Trader are some characteristics that all kinds have in common.

The maximum leverage is the same across the board, 1:30, and so is the stop out level of 50 percent as specified by ESMA laws. Relationship managers, Trading Central's daily newsletters, and premium signals are some of the tools and advantages available to Silver-level customers and higher.

The commissions per lot start at 12 EUR/USD and go as low as 7 EUR/USD on Premium Accounts. Theres also a VIP service available for clients that deposit more than 200000 EUR/USD.

Customer Support

Dualix offers live chat support around the clock and provides a couple of ways to get in touch with them, such as email and phone calls. You can follow their latest developments and news through their social media as well.

Education

This online broker provides education resources that are suitable for people with little trading knowledge and complete beginners. Its entirely free and offers excellent information about standard terminology and assets. The page also explains how risk management works, the various ways you can analyze markets, and several other valuable trading tips.

Broker Information

Company Name

Maxigrid Limited

Company Abbreviation

Dualix

Regulatory Status

No Regulation

Platform registered country and region

Cyprus

Company website
Phone of the company
  • +35725056200

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Company address
  • 214 Arch. Makariou III, Ideal Building, Office 301, Ayia Zoni, 3030, Limassol, Cyprus.

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Customer Service Email Address
  • support@dualix.maxigrid.com

Company Summary

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