As a pioneering platform Daweda Exchange excels in contract dealings. It is regulated by CySEC and belongs to Daweda Exchange Ltd, and has its location at Grigoriou Xenopoulou, 24 Nicosia – 1061 Cyprus. It offers its traders benefits by removing brokers so that there are no conflicts of interests. Also it offers very transparent and honest trading climate in which a trader can do his business with ease and without any distraction resulting into return maximisation.
Is the platform a scam?
Daweda Exchange has many good features embedded into its system thus avoiding becoming a scam platform.
Firstly by eliminating the complex network of middlemen it contacts directly with clients and at a nominal service fee of £0.50 chargeable from both the parties and nothing more in form of extra fee or any other form of commission.
Secondly offering good amount of returns is another feature that makes it more attractive. By removing middle channels one may receive up to 100% as return if traded with success. Removal of middle level channels directly transfers their share of profits in your kitty.
Third good feature Daweda Exchange offers is the complete control over the way you trade like setting your own price levels and the number of trades or contracts you want to have. In this process you can also view others offers and even create your offer.
Fourth unique feature offered by the exchange is the simplicity which ensures transparent and fair trade contracts. An innovative order book created by the exchange enables to see at a glance various positions that includes Call and Put numbers that are available on current basis. This results into leaving more flexibility at your hand to take right moves.
Various Trading platform offered by the exchange are as follows:
For binary option Daweda has created its own customised trading platform. The feature that makes it apart from other binary option brokers is the platform acts as exchange and as a result they trade charge $0.50 per contract. Variable expiry time options are 5 minute, 30 minutes, 1 hour, and end of the day. Their options are listed on all major Market indexes, Forex pairs, Commodities and Stocks.
User-friendly trading platform makes the trading convenient. Anyone can choose Call or Put with the numbers. Minimum trade size of the contract is $10. And there is 100% return possibility on all the options. Also the exchange has created the Mobile trading app compatible both with iOS and android versions of phones to cater to wider client base. Their Demo account makes it easier to begin the trade without any fear of losing money.
The difference between Contract trading and Binary option.
The Binary option needs a broker and ‘options contract’ is between trader, broker and investor. Under contract trading, traders decide mutually the trade level and the amount of money they intend to invest. The other difference is while trading contracts on exchange, one can place an order through order book, and wait for the desired price level to appear.
One can even hedge his investment by selecting a position in reverse direction of your original trade to protect your investment made initially unlike binary options.
Benefits offered at Daweda Trading Contracts:
- Improves your chances to have higher profits in trade
- Choice of level and adequate control over trade as also the freedom to select the position.
- Fee waiver for unmatched orders
- No chance of any slippage – If your order fails your chosen level and price changes, then it will return to the Order Book automatically until it is matched.
Advanced software technology
Even when you are not in-front of your computer, advanced software technology developed by Daweda called ATS (Automated Trading System) trades for you. There is hardly any need to sit before computer to keep a track of market. The software ATS will automatically match your orders against the right offered price in the system. The focus of this software technology is to ensure that there are adequate profits but minimum loss.
Daweda Exchange is a unique and reliable platform, created to offer the best experience to customers with the help of blend of customised innovation and industry oriented processes and technologies. The technology is customer friendly and created confidence in the trader. This cutting-edge technology ensures a perfect environment where even demanding trading sessions challenges can be undertaken. The speed this system offers is more than 100k messages per second and can process 150k orders per second to ensure that response has no lag time and is quick enough to minimise risk.
Daweda has invested heavily to provide a customer oriented interface irrespective of the level of trade. By offering appropriate educational platform it has ensured that its customers can take right decisions with ease and confidence. Daweda’s customer focus enables it to keep innovating to keep its customers faith intact.
Using Daweda while on move
Daweda App can be downloaded from stores like Apple and Google play. The App will ensure that you are in touch with trade even while on move.
Absence of middlemen ensures that whatever money Daweda saves is passed on to clients to the tune of 100% upon successful trades.
Ensuring safety of investments
To ensure and infuse a sense of confidence among investors and their hard-earned money the company operates under strict EU regulations (EU license number is 289/16) that means you are adequately protected and can invest without fear of losing your hard-earned money. Daweda has a license from the Cyprus Securities and Exchange Commission, popularly known as CySEC and complies with PCI standards (Payment Card Industry) and AML (Anti-Money Laundering) Regulations. Additionally, Daweda also complies with the European MiFID (Markets in Financial Instruments Directive) guidelines.
User-friendly Demo account
User-friendly demo account is available and anyone can login to experience the trading process.
Verdict: Daweda as a pioneer in contract trading, has been constantly innovating to make system transparent and user-friendly as also ensuring minimum risk and maximum gain through educating its investors and guiding them.