Brokers  /  TradeDAX

TradeDAX

High risk
Marshall Islands · 5-10 years · since 2019-04-11 · Silver Wolf Limited
Unregulated
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51
High risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Marshall Islands (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7510%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSilver Wolf Limited
Headquarters Marshall Islands
Founded2019-04-11
Years operating5-10 years
Employees0
Official websitetradedax.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexIndicesCommodities and Share CFDs

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
MICRO400USD $500-999Fix from 2--
STANDARD400USD $1000-2499Fix from 2--
SILVER400USD $2500- $9999Fix from 1 / Variable from 0.5--
GOLDUpon RequestUSD $10,000 -$24,999Fix from 0.7 / Variable from 0.5--
VIPUpon RequestUSD $25,000Fix from 0.4 / Variable from 0.3--

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.21)

Across 2 recent Trustpilot reviews, 50% are 1–2 star.

0
Period:
What users complain about
What users praise
Where reviewers are from
🇦🇺 AU1
🇺🇸 US1
Positive vs negative · last 2 months Pos Neg
Dec
Jan

Real user reviews

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About TradeDAX

TradeDAX is a forex and CFD broker based in Marshall Islands, with records dating to 2019-04-11. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, TradeDAX holds a real-user score of 3.0/5 across 2 reviews.

Overview compiled by FXCanary from regulatory records and public data. full TradeDAX review