Tradaxa

Rating: 3.5 / 5

Tradaxa is a New Zealand-based ECN Forex broker that offers trading of both Forex and CFD markets. The broker offers a demo account, a Mini Account, Silver Account, Gold Account, and a Platinum Account. The mini account can be opened with as little as $500, and as a result this broker can be enjoyed by retail traders at all levels who are concerned about making too big of an initial deposit.

Tradaxa Website Screenshot

Broker Details

Headquarters
New Zealand
Established
2012

Pros

  • Tight spreads
  • Transparency about liquidity providers
  • Protection against over-leveraging

Cons

  • Comparatively high minimum deposit

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