Score
Praxis
Cayman Islands|2-5 years| https://praxisdigitaltrading.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Cayman Islands
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential risk
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
praxisdigitaltrading.com
Server Location
United States
Website Domain Name
praxisdigitaltrading.com
Server IP
72.167.191.69
Company Summary
| Praxis Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Cayman Islands |
| Regulation | No regulation |
| Market Instruments | Forex, indices, commodities, stocks, CFDs |
| Demo Account | ❌ |
| Leverage | / |
| Spread | From 0.2 pips (forex) |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Contact form |
| Tel: +1-800-561-3599 | |
| Email: sales@praxisdigitaltrading.com | |
| Address: Level 43, AIA Tower, 183, Electric Road, North Point, Hong Kong | |
| Registered Address: CO Services Cayman Limited, PO Box 10008, Willow House, Cricket Square, Grand Cayman, KY1-1001, Cayman Islands | |
Praxis Information
Founded in 2019, Praxis is an unregulated broker registered in Cayman Islands, offering trading in forex, indices, commodities, stocks, and CFDs. However, demo accounts are not available and the minimum deposit requirement is unclear.
Pros and Cons
| Pros | Cons |
| Various trading products | No regulation |
| No demo accounts | |
| Lack of transparency |
Is Praxis Legit?
No. Praxis currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Praxis?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| CFDs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Spread
| Asset Class | Spread |
| Forex | From 0.2 pips |
| Metals | From 15 cents on gold |
| Indices | From 1 point on major indices |
| Commodities | From 1 point on major symbols |
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
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