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Daweda Exchange
Rating: Rated with 1 star
Binary Option Programs Award
Min. Deposit
$100
Min. Investment
$10
Regulated Broker
No

What is Daweda Exchange Minimum Deposit?

  1. This broker is closed. 

    As one of the recently established brokerage companies, Daweda Exchange broker is present since 2016. Very quickly, they became a desirable broker to trade binary options with on South African market.

    For more details about this broker and what does it offer to traders in South Africa, we recommend to read our Daweda Exchange broker review.

    However, in this part of our broker guide, we will take a closer look regarding Daweda Exchange minimum deposit and how exactly can South African traders benefit from Daweda ATS software.

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    How Much is Daweda Exchange Minimum Deposit?

    What we discovered while reviewing Daweda broker is that required deposit amount is $100.

    This amount seems as desirable enough that might convince traders to join this trading platform.

    By this, we mean how $100 of minimum deposit is way below an average in binary options trading where deposits are usually $250.

    To register on Daweda Exchange platform, traders are required to create a trading account by providing following information: first and last name, email, password and address.

    Once account is created, a new window will open with deposit options to choose from.

    As seen in Daweda Exchange minimum deposit review, we learn how traders in South Africa are able to make deposit via several deposit options, such as: ewallet Skrill, credit cards (Visa, Diners Club, Discover, Maestro and Mastercard) and bank wire transfer.

    With $100 of Daweda Exchange minimum deposit, traders can get access to a very good trading platform and start investing in binaries from $10.

    Tip: Consider IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!

    So far, traders in South Africa are able to make deposits in following currencies, such as USD, EUR and GBP.

    Is there Demo Account on Daweda Exchange Platform?

    When thinking about trading binary options, demo account is an often used option, especially for beginner traders who lack trading knowledge.

    What demo brings to “the table” is the fact it enables registered traders to practice how to trade without being exposed to any risk.

    To use Daweda Exchange demo account, South African traders first need to complete a registration. Once done, they’ll get to see a demo version of trading platform and test it in order to see how binary trading looks like and which assets can be used.

    Traders are able to select between a selection of different underlying assets, such as stocks, commodities, currencies and indices. With an Up or Down option, traders can see available expiry times for specific assets, such as 1 hr, 4 hr, 1 day and up to 1 week.

    In Daweda Exchange demo, South Africans don’t have to fear from losing any funds since demo provides completely safe trading area where no real money is involved. Instead, traders have opportunity to trade with virtual funds. With Daweda broker, demo account is funded with $500 of virtual money.

    Daweda ATS – Binary Auto Trading System

    Regarding this broker, our South African readers can know how they offer traditional binary trading as well as excellent alternative; trading with automated trading system called Daweda ATS.

    Daweda Exchange ATS is a simple binary robot which trades binary options based on settings done by registered traders. With Daweda, traders first need to open an account, fund it and afterwards can click on Activate button.

    Minimum required balance to use Daweda ATS is $350.

    Under Open Positions tab, traders are able to see all ongoing trades which shows simplicity with this binary auto trading robot on South African market. Also, South African traders are able to access this platform via mobile and use it on smartphones and tablets as well.

    In case of any questions, traders can easily turn to Daweda customer support.

    The easiest way is to contact them directly via live chat, but also email [email protected]. We have a pleasant chat with agent on live chat who provided us with needed info regarding how to use trade options and platform in general.

     

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