Daweda Exchange was a licensed binary options trading exchange, that is regulated by CySEC. Their trading platform is available for desktop and mobile use.
Daweda Exchange Review
In our review of Daweda Exchange , we immediately see that they are different from the other binary options brokers. This is because Daweda is an exchange as opposed to a brokerage. The difference is that on an exchange you are trading with other customers as opposed to the broker. That’s why here you receive 100% profit on successful trades.
Daweda uses their own custom made trading platform for binary options. You can choose options of Currency pairs, Stocks, Indexes, and Commodities. And the expiry times for the options can be either 5 minutes, 10 minutes, 30 minutes, 1 hour, and at the end of the day.
They offer a demo account, so you can get comfortable with their platform before you start actual trading.
Auto Trading Robots
Auto-Trading Robots are becoming more and more popular. However, most robots work as independent software that connects you to a broker. At Daweda Exchange they offer one that is directly integrated with their trading platform.
The ATS (automatic trading system) gives traders the ability to select which assets to trade, the number of contracts per order, and the maximum number of trades per day. You can also choose to use either the “Trend” or “Reversal” strategy.
If you would like to compare their robot to the other popular ones, then look at these robots.
Daweda Exchange Accounts
The minimum deposit for a regular trading account is $100. In order to use the Auto Trading System you must have $250 in your account. The minimum trade size is a $10 contract. Larger trades are made by buying more contracts. So, for example if a trader wants to invest $100 on a specific binary option, he would buy 10 contracts. As we said above, Daweda is an exchange and therefore the returns on all trades is 100%. The commission fee for trades is $0.50 per contract. Daweda Exchange has their platform as a fully operating mobile App, available for iOS and Android.
Daweda Exchange License
If you want to verify that a Binary Options or Forex broker is legit. See if their government’s financial regulator gave them an operating license.
Daweda Exchange is a Cypriot company and they are licensed and regulated by CySEC. Their licensed number is 289/16.
Compare Daweda Exchange
Did you know that there are more than 250 active brokers operating today? Therefore, have a look at these other popular brokers that you might want to consider.
HighLow (read review) is an Australian licensed and regulated binary options broker that uses the new Markets Pulse trading platform. They offer 200% returns and they have cashback offers too, see here.
Daweda Exchange is owned and operated by owned by Daweda Exchange Ltd. Their address is at: Grigoriou Xenopoulou 24 Nicosia, 1061 Cyprus.