There are many fake Greendax reviews trying to mislead you that this broker is not a scam.

Ultimately, this is going to cause massive losses for those who will fall for these fake reviews. Beware! And if you have lost funds to this fake broker, learn how to Recover the money here.

The offending website is found at greendax.com and as at the time of writing this review, the people behind this shady website were doing everything the y could do to lure victims.

Is GreenDax a legit broker?

By no means does this broker score well when it comes to the legitimacy test. We start with the regulatory status of GreenDax because this is where they fail the most.

The broker does not have a valid financial license, which makes them very risky to trade with.

Just like FXbit-traders which downplays licensing requirements, GreenDax hopes to persuade you to invest on their filthy platform despite not meeting regulatory requirements which are very crucial when it comes to determining the reliability of a broker.

Note that this broker is claiming to be from Hong Kong yet they don’t have the regulator’s license on their website.

All the same, you must never deposit any money in an unregulated Forex broker’s platform no matter how colorful the website is.

Are your funds safe with GreenDax?

The main agenda of this broker is to steal your deposit. This is why they are based in an offshore location rather than in the mainstream jurisdictions where regulations are tight.

GreenDax also tries to fool you with attractive offers that many newbies like to take advantage of.

This is a trick to welcome new sign ups and encourage victims to transfer funds from their bank accounts to the pockets of these scammers.

When you’re scammed by GreenDax there will be no recourse. And when you’re not equipped with knowledge of how to get back your funds, you’re doomed.

Green Dax Review: The Conclusion

It is advisable that you avoid this scam site at all cost. There are one too many red flags that prevent us from trusting them.

Please share this review widely because this information can save a lot of people. Thanks for reading.