Dexa Trade Markets (dexatrade-markets.net) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: dexatrade-markets.net.
I signed up with Dexa Trade Markets (dexatrade-markets.net) after a trusted YouTuber reviewed them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Low minimum deposit|Real-time alerts
Cons: Could offer more webinars|Email notifications too frequent
My withdrawal request from Dexa Trade Markets (dexatrade-markets.net) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Transparent fees|Easy to use platform|Tax reports included|Responsive team
Cons: Account statements could be more detailed|Would like more payment methods
I experienced a security concern with my Dexa Trade Markets (dexatrade-markets.net) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Excellent charting|Smooth onboarding
Cons: Desktop app not available on Linux
KYC with Dexa Trade Markets (dexatrade-markets.net) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Responsive team|Intuitive for beginners|Clear documentation|Instant funding
Cons: Desktop app not available on Linux|No fractional shares
The only good thing about Dexa Trade Markets (dexatrade-markets.net) is that they remind you why regulation matters. I found them through a podcast recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Responsive team|Copy trading available|Dividend tracking|Good analytical tools
Cons: Some tools only available on higher tiers
The platform itself is okay, but the customer service at Dexa Trade Markets (dexatrade-markets.net) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Multiple order types|API access|Fast deposits
Cons: Limited ETF selection|Slow to add new assets
I had high hopes for Dexa Trade Markets (dexatrade-markets.net) after comparing multiple platforms, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Competitive fees|Demo account available|Low minimum deposit|Copy trading available
Cons: Spreads widen during volatile periods
Dexa Trade Markets (dexatrade-markets.net) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Helpful community forum|Responsive team|Excellent charting|Good mobile app
Cons: Inactivity fee applies after 12 months|Live chat only during business hours
I found Dexa Trade Markets (dexatrade-markets.net) from a blog post comparing services and the initial impression was positive. But for a couple of months now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Good analytical tools|Quick verification|Tax reports included
Cons: Could offer more webinars|None so far
I have been trying to close my account with Dexa Trade Markets (dexatrade-markets.net) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Fast deposits|Two-factor authentication|Economic calendar
Cons: Research section could be deeper|Cannot customize dashboard fully