Dualix-Overview Guide of This Broker

General Information & Regulation

Dualix is owned and operated by Maxigrid Limited. Maxigrid Limited is a Cyprus Investment Firm, authorized and regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 145/11 and registration number HE269879.

Market Instruments

Dualix offers investors a range of financial trading assets, mainly CFD products in currency pairs, indices, commodities, precious metals, stocks, and cryptocurrencies.

Minimum Deposit

There are six different types of accounts available on the Dualix platform: Basic (minimum deposit of €250), Bronze (minimum deposit of €1,000), Silver (minimum deposit of €2,500), Gold (minimum deposit of €5,000), Platinum (minimum deposit of €25,000), and Premium (minimum deposit of €50,000).

Dualix Leverage

Dualix, as a European based broker, fully complies with the EMSA regulation, offering maximum trading leverage for major currency pairs capped at 1:30, 1:20 for minor currency pairs.

Spreads & Commissions

Spreads are fixed for Basic accounts, 3 pips on EURUSD. Bronze accounts come with a spread of 0.1 pips and a commission of 10 EUR per lot. Silver accounts have a spread of 0.1 pips and a commission of 10 EUR per lot. Gold accounts have a spread of 0.1 pips and a commission of 10 EUR per lot. The spread on Premium accounts is 0.1 pips, and the commission is 7 EUR per lot. Premium accounts have a spread of 0.1 pips and a commission of 5 EUR/lot. Moreover, Dualix charges an additional 1000 EUR fixed fee for inactive accounts, a 500 EUR support fee, and a monthly maintenance fee of 25 EUR.

Trading Platform

Dualix offers traders the most popular MT4 trading platform on the market today. MT4 is a reliable trading terminal that most traders are familiar with and happy to use. The trading terminal is proven to be reliable, user-friendly, and has all the features traders need, easy to customize, with excellent charting options and support for automated trading robots (Expert Advisors).

Deposit and withdrawal

Dualix supports traders to deposit and withdraw funds to their investment accounts via wire transfer, VISA/MasterCard, PayPal, Skrill, Klarna/SORORT, Ideal/PPRO, GiroPay, Mister Cash.

Trading Hours

forex market is open 24 hours a day, five days a week. However, thats not strictly true. All the big banks take a few minutes to break between the New York close and the Sydney open. During this period, most major players in the forex market stop trading which means liquidity is depleted from the market and spreads become very wide. During this time, the forex market becomes a very inhospitable place to trade.