Is Daweda a Scam?

Is Daweda a Scam?

Is Daweda a Scam?

Founded in 2015, Daweda is a very interesting addition to the trading industry. They are not your usual binary options broker, but a company that bases its business model on peer-to-peer trading. To many people, this kind of trading will probably be something unknown. They will want to know is Daweda a scam or a legit broker, which is where we come in. Our experts took a detailed look at the way things work on this website, so we have everything you need to know about this company’s security system. Read the following paragraphs and you will find out if these people can be trusted with your money.

Is Daweda a Scam? | Reliable platform

To answer is Daweda a scam, we will start from the trading environment. Obviously, given that this broker offers a slightly different kind of trading, they had to create the trading platform on their own. However, they’ve done a remarkably good job because not only does the platform look good, but it’s also easy to navigate even if you’re a completely new trader. Everything you need to make your investment decision is right there in front of you, including a helpful graph for every available asset. The assets’ prices are also constantly updated, so you will always work with the latest data, plus you can test everything out with your Daweda Demo Account. It is important to note that the broker is not making money out of your losses (they only take 5% of each trader’s position) as you are trading against another trader and not Daweda, which excludes the possibility of the company manipulating the platform. Don’t forget about Daweda Automated Trading System too, a very reliable trading robot designed to help you when you simply cannot log in. It also works perfectly and we have absolutely no objections to its performance. In short, you won’t find any Daweda frauds here. But we’re just getting started, so stay with us.

Daweda Platform Benefits

Daweda Platform Benefits

Is Daweda a Scam? | Safe transactions

If someone was to ask you is Daweda a scam broker, probably the first thing you’d think of is the money transfer system. That will be our next topic. You see, you can do both a Daweda Minimum Deposit and withdrawal by using wire transfers, Visa and MasterCard credit cards, Skrill and Webmoney. In each of these cases, your personal and financial data will be protected by a very strong SSL encryption which will prevent anyone else from gaining access to the information. Additionally, we must also mention that the company complies with the highest PCI standards. All MiFID guidelines and international anti-money laundering policies form the basis of Daweda’s security systems, so you can rest assured no harm will come to you. We have tested all the available transfer methods ourselves and never found the slightest trace of any kind of Daweda scam. Simply, our money always got where it was supposed to on time. We are also not the only ones pleased with the way things work – a much more important institution has deemed this company worthy, but we’ll discuss that in the next paragraph.

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Is Daweda a Scam? | Fully regulated

Everything we mention in our Daweda Review 2017 checks out, which is the reason why this company got its license so easily. Yes, this broker is fully regulated by CySEC, the agency in charge of regulating financial services across the European Union. Because of that, you know you can count on the very highest security standards, no matter which part of the website we’re talking about. Daweda’s license number is 289/16, which allows you to easily check everything about this company on the agency’s website. The reason why this is so important in determining is Daweda legit broker or not is the fact that these licenses are awarded only after detailed third-party reviews. CySEC regularly controls literally hundreds of companies, so people working there know exactly what to look for when reviewing applications for a license. If these guys say everything checks out, you can be absolutely certain that you will be dealing with a serious company. Even if you don’t live in the EU, Daweda will apply the same high-security principles when handling your money. Only US citizens are not accepted.

Daweda Regulation

Daweda Regulation

Is Daweda a Scam? | Support team

Another thing worthy to be mentioned in this article is the broker’s customer support. The quality of responses you get from people working here can tell you a lot about the company’s overall reliability, and once again we have nothing but praise. Help is available in five different languages (English, German, Russian, French and Arabic), and the team can be approached via live chat, e-mail, phone or a contact form on the website. In each case, the responses came to us extremely quickly, with not just the information we asked for, but also plenty of helpful hints and tips. The staff is very knowledgeable, patient and friendly, which means you can expect only top-class service from them. On top of that, if no operator is available, you can just leave a message in the chat and receive notification when by e-mail or SMS when your question is answered. This really neat little feature is the cherry on top of the cake that is Daweda security system. After this, we really have nothing more to say but to conclude the article.

Daweda Contact

Daweda Contact

Is Daweda a Scam? | Conclusion

Is Daweda a scam? Not even remotely. They simply have a slightly different trading philosophy. Because of that, they had to work extra hard on their platform and the results are quite impressive. Not only does the platform work absolutely flawlessly, but you can also expect money transfer methods of the very highest caliber on this website. Because everything works so well, we are not surprised that Daweda has a license from CySEC to conduct business in the EU. Simply put, there are absolutely no problems with this website. Add to that the fact that you can expect excellent support whenever you need guidance on trading matters and you’ll know your trading experience will be perfect. Don’t waste any more time, try out something new and exciting and open your trading account right here!

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Author's overall rating:
Author: Ben Prescott
Updated:

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