DexonixTrader (dexonixtrader.com) 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: dexonixtrader.com.
I wanted to transfer my portfolio from another broker to DexonixTrader (dexonixtrader.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multi-device support|Professional team|Good mobile app|Regular platform improvements
Cons: Withdrawal takes 1-2 business days
The only good thing about DexonixTrader (dexonixtrader.com) is that they remind you why regulation matters. I found them through word of mouth in my investment club. 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: Copy trading available|Good analytical tools|Easy to use platform
Cons: Search feature is basic
I trusted DexonixTrader (dexonixtrader.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Real-time alerts|Quick verification
Cons: Limited demo account features
Opened my account with DexonixTrader (dexonixtrader.com) after hearing about them at a conference and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Comprehensive tools|API access|Economic calendar
Cons: Would like more payment methods
The mobile app from DexonixTrader (dexonixtrader.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Social trading features|API access|Comprehensive tools|Stable platform
Cons: Wish they had more educational resources|Limited cryptocurrency options
Do not use DexonixTrader (dexonixtrader.com) for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular platform improvements|Dividend tracking|Easy withdrawals|Helpful community forum
Cons: Spreads widen during volatile periods
I referred a friend to DexonixTrader (dexonixtrader.com) through a podcast recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-device support|Dividend tracking|Tax reports included|Social trading features
Cons: No live chat on mobile
I signed up with DexonixTrader (dexonixtrader.com) 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: Fast deposits|Regular updates|Multi-device support
Cons: Minimum deposit could be lower
My withdrawal request from DexonixTrader (dexonixtrader.com) 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: Responsive team|Detailed reporting
Cons: Would like more payment methods|Wish they had more educational resources
DexonixTrader (dexonixtrader.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular updates|Low minimum deposit|Automated trading options
Cons: Limited demo account features|No live chat on mobile