How Can I Contact It?
You can contact the broker’s managers in several ways. Firstly, via email; secondly, through phone numbers, and the firm lists 9 different numbers, predominantly from Latin American countries. Thirdly, through their social media accounts on Facebook, Instagram, TikTok, YouTube, Linkedin and Twitter.
Reviewed and approved by Liam Yorens, Editor-in-Chief
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.
Table of Contents
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.
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.
- 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.
- 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.
- 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 |
| info@greendax.com | |
| Phone | +230 58690044 |
| Features | Neotrades | Kiplar | All Capital Trade |
|---|---|---|---|
| Demo Account | |||
| Mobile App | |||
| Own Development |
- 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.
2 reviews
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