pic

Greendax | Greendax "Test" & Partners

Website
greendax.com
Phone
Not provided
Email
Regulatory warning found
Regulatory warning found

Published by AMF (Québec) on .

AMF (Québec)
Read user reviews (2)

Expert Opinion about Greendax

Expert Rating 3/5
How it’s calculated
Chloe Vance
Written by Chloe Vance Financial Integrity Researcher
Author profile

Кавычки: “двойные”, ‘одинарные’, «ёлочки», “типографские”.
Апострофы: O’Brien, don’t, client’s.
Амперсанд: A&B и Tom & Jerry.
Сравнения: 5 < 10 и 10 > 5.
Обратный слеш: C:\test\new\reviews.
Символы: € $ £ © ® ™ № — … 😀
Это новая строка.

Это новый абзац.
Последовательности как текст: &amp; &quot; &#039; &lt;
Закрывающий тег как текст: </script>
КОНЕЦ ТЕСТА — эта фраза должна сохраниться.

On the positive side, Greendax does provide some legal information, including relevant disclaimers and terms of service. The presence of contact details, such as phone numbers and email addresses, is commendable.

Greendax - website

On this page

Partnership and Bonuses

We noticed the absence of information on the website about a partnership program or bonuses. However, it is worth mentioning that during the registration process, clients are prompted to enter a promotional code. This suggests the possibility of a referral program or other incentives offered by the broker upon registration.

Account Opening on Greendax.com

The registration process with Greendax is notably complex and time-consuming. Prospective clients are required to complete an extensive questionnaire that demands detailed personal information, including address details. This intrusive approach to registration may deter some users who value their privacy and prefer a more streamlined process.

Registration

As for the Client Portal, it offers standard functions expected from a broker, such as account management, deposit and withdrawal options, and access to trading platforms. However, there are no standout features or innovative tools that would differentiate it from other brokers in the industry. It is a functional but unremarkable Client Portal.

Verification

Greendax requires mandatory verification for all clients. To complete the verification process, users need to provide certain documents and information. Here is an outline of the typical requirements.

  1. Identity Verification. Clients are required to submit a clear and valid copy of their government-issued identification document, such as a passport or driver’s license. The document should display the client’s full name, date of birth, and a clear photograph.
  2. Address Verification. Clients need to provide proof of their residential address. This can be done by submitting a recent utility bill, bank statement, or any official document that clearly displays the client’s name and address.
  3. Financial Information. Clients may be asked to provide additional financial information, such as bank statements or proof of income, to comply with anti-money laundering (AML) regulations and ensure the legitimate source of funds.

Highlights

Country Mauritius
 Regulation FSC Mauritius
Website https://greendax.com/
Demo Account Yes
Start Time 2022
Minimum Deposit $1,000
Minimum and Maximum Leverage 1:400
Trading Platform MetaTrader 5, WebTrader
E-mail info@greendax.com
Phone +230 58690044
Features Neotrades Kiplar All Capital Trade
Demo Account
Mobile App
Own Development
Pros & Cons:
  • There are demo, and PAMM accounts.
  • High minimum deposit.
  • The broker works on the principle of “pay more to get more”.

All Info About Accounts

In total, Greendax provides 6 types of accounts, although the VIP account, which requires a minimum deposit of at least $250,000, can be considered out of reach for most. Even for beginners, the minimum deposit for their account is $2,500, without the availability of a demo or cent account. Additionally, traders with initial accounts will face limited access to trading assets, with full access only granted on the Advanced account. Guess how much is required for that account? You’re right, a staggering $50,000.

Interestingly, instead of providing a detailed description of their trading conditions, the broker vaguely mentions near-market services. It is only in the FAQ section where we can find information about leverage.

User ratings

How it’s calculated
1.7
User score
2 Reviews
Terms of Cooperation
1.5
Platform Stability
2.0
Fulfillment of Financial Obligations
1.5
Cheating Review
This label is used to flag reviews that raise doubts about their authenticity. This could include messages posted from the same IP address, duplicate text, or signs of reputation manipulation, both positive and negative. User rating methodology

User reviews

3 reviews

Showing 1–3 of 3 reviews

O'Brien &amp;amp; &quot;Alex&quot; 😀
Cheating Review

O'Brien & "Alex" 😀

Quotes: "double", 'single', «angle», “smart quotes”.
Apostrophes: O'Brien, don't, client’s.
Ampersands: A&B and Tom & Jerry.
Comparisons: 5 < 10 and 10 > 5.
Backslashes: C:\test\new\reviews.
Symbols: € $ £ © ® ™ № — … 😀
This is a new line.

This is a new paragraph.
Literal entities: &amp; &quot; &#039; &lt;
Closing tag as text: </script>
END OF TEST — this sentence must remain.

Terms of Cooperation
—
Platform Stability
—
Fulfillment of Financial Obligations
—
Reply
admin

12345

12345

Terms of Cooperation
Platform Stability
Fulfillment of Financial Obligations
Reply
admin

fdgdbdfbg

dzgbhfghbfhgbfhgbfg

Terms of Cooperation
Platform Stability
Fulfillment of Financial Obligations
Reply
Leave a review

Terms of Cooperation
0.0
Platform Stability
0.0
Fulfillment of Financial Obligations
0.0

You’re leaving InvestingOverview

Continue to website ↗