DAXRobot and DAXBase review – is the system and broker legit?

So we just stumbled upon a new crypto robot that is called DAXRobot. This robot has a very familiar interface that is used by many crypto robot scams. That, of course, does not have to necessarily mean that is the case of DAXRobot as well. The first thing you to want to do when reviewing a bot like this one is to check how the system works and what it promises. While we were unable to find any information on how DAXRobot functions, we found that allegedly it can double or triple your investment in a single day. This is a first red flag which we have noticed as systems that promise such returns usually turnouts to be just scams.

DAXRobot Disclaimer

Most people usually do not read any disclaimers on websites and that is a huge mistake. But we tend to do that all the time, especially with new systems that we don’t trust. DAXRobot states in its disclaimer that the company is not licensed nor authorized to provide investing advice. Don’t you find that interesting when that is exactly what the robot is meant to do? To provide investment advice when to buy or sell CFDs on cryptocurrencies and other assets.

DAXRobot Awards

Have you noticed what awards DAXRobot features on its website? If not, I will save you the trouble of looking. One award says “top quality” and the second one “100% confident”. These awards look more like a joke than anything. They look as fake as a fake can look like and of course, there is no mention who gave them these awards.

DAXRobot and DAXBase – Conclusion

There is not much to say about DAXRobot as the website does not mention much. There is basically only the homepage, nothing else. DAXRobot does not inform us how the robot functions nor anything about DAXBase broker. At best, we find the credibility of these two very concerning.



Michael
Author: Michael
Hi, I'm Michael and my area of expertise is forex and cryptocurrency trading. I specialize in technical analysis, namely in chart pattern setups. I educate traders of all levels and I believe that prerequisite to successful active trading is always knowing risks of the game. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications. I do not give investment advice, but for general inquiries please use the comment section under any article.

3 Comments

  • kai Outzen

    Thank you for the information on Daxrobot . I was scammed before by the criminals of L binary broker who disappeared off screen with all clients money in 2016 and no one knows where they are or seem interested in finding out anything about what happened .

  • jim

    when i googled Daxbase, it was said to have been started by Cullinan Bros. Inc. & that the broker is legit, just check #96541 in the International Registry. so i tried that, & got the message ” no information found”. plus, google headings state they are regulated & several review sites also say so. yet when i talked to their support people, they admit the broker is NOT regulated. hard to believe them when they lie to you right up front. i will sit on the fence awhile before jumping into this one, though as a u.s. trader theres really not much for me to choose from.

    • Michael
      Michael

      Hello Jim,
      Thank you for your comment. Unfortunately, some review websites do that on purpose, one cannot trust anyone online these days, that is why I always advise doing a background check before putting your money anywhere. Did you want to trade cryptocurrencies? We cannot recommend you using any software or bots as we don’t trust them, but there are some decent options where trading cryptocurrencies is available even to us traders.

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