English

Depaho Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.depaho.e..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM), South AfricaFSCAFinancial Service Corporate to enhance the security of the company's address Artemisia Business Centre Second Floor, Office 201 14 Charalambou Mouskou 2014, Strovolos Nicosia, Cyprus

Depaho Forex Broker

Basic Information

Registered Region

Cyprus

Operating Period

Company Name

Depaho Ltd.

Abbreviation

Depaho

Company employee

Customer Service Email Address

info@depaho.com

Company Website

https://www.depaho.eu/

Company address

Artemisia Business Centre Second Floor, Office 201 14 Charalambou Mouskou 2014, Strovolos Nicosia, Cyprus

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Company profile

Aspect Information Company Name Depaho Registered Country/Area Cyprus Founded Year 2015 Regulation CYSEC, FSCA(both suspicious clone) Products & Services Deep Market Liquidity,CFD Asset classes,Additional Services,Dealing on Own Account Regime Demo Account Available Customer Support Email:info@naxexinvest.com,Phone:+357 22 300 500 Educational Resources News (latest financial news of Depaho) Overview of Depaho Depaho, established in 2015 and based in Cyprus, offers a range of financial services including deep market liquidity, CFD asset classes, additional services, and operates under a Dealing on Own Account Regime. The company is regulated by CYSEC and FSCA, though there are concerns regarding these being suspicious clones. Depaho provides a demo account for prospective clients to explore their offerings and maintains customer support through email and phone. Additionally, it offers educational resources such as the latest financial news related to the company to help clients stay informed. Regulatory Status Depaho is purportedly regulated by the Cyprus Securities and Exchange Commission (CySEC), holding a Market Making (MM) license with the number 161/11. However, there are indications that this license is a suspicious clone, casting doubts on the authenticity of its regulatory status in Cyprus. Market Making licenses typically permit companies to both buy and sell financial instruments, facilitating liquidity in the markets they operate. Additionally, Depaho claims to be regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 47709, classified as a Financial Service Corporate license. Similar to the CySEC license, this FSCA license is also labeled as a suspicious clone, highlighting worries about its legitimacy. T Pros and Cons Pros Cons Multi-Asset Liquidity Restricted Regional Services Advanced Trading Technology High Investment Risk Customized Brokerage Solutions Limited Client Base Suspicous Clone Regulatory Pros Multi-Asset Liquidity: Naxex Invest Ltd provides access to multiple asset types, enhancing trading possibilities for brokers. Advanced Trading Technology: Utilization of state-of-the-art technology ensures competitive prices and efficient trade execution dynamics for clients. Customized Brokerage Solutions: Offers an all-inclusive package that aids brokers in launching and optimizing their market operations smoothly. Cons Restricted Regional Services: Does not offer services to the USA, Canada, Belgium, and other regions where its trading activities are prohibited. High Investment Risk: Trading CFDs carries a substantial risk of losing all invested funds, indicating a potentially high-risk profile. Limited Client Base: Services are intended primarily for professional clients and eligible counterparties, not suitable for retail investors. Suspicous Clone Regulatory: The legitimacy of its licenses as “suspicious clones” in Cyprus and South Africa will affect trust and legal compliance. Products & Services Depaho, now known as Naxex Invest Ltd, offers a diverse range of products and services tailored to meet the needs of brokers, trading firms, and investment institutions. Here is a breakdown of its key offerings: Deep Market Liquidity: Naxex Invest Ltd provides robust liquidity across various asset classes, ensuring low latency and ultra-fast execution speeds. This service is crucial for firms requiring reliable and efficient access to financial markets. CFD Asset Classes: The company offers a large liquidity pool for over 300 CFD instruments, including Forex, Metals, Indices, Shares, and other CFDs. Clients benefit from steady, aggregated liquidity sourced from renowned financial institutions, aided by a sophisticated matching algorithm for optimal pricing. Additional Services: Naxex Invest Ltd supports its clients with a suite of additional tools and services. These include ongoing compliance support, a fully integrated CRM system to bridge operations with customer needs, back office assistance, investment research tools like Autochartist, and introductions to Payment Service Providers (PSPs). Dealing on Own Account Regime: In this setup, Naxex acts as the counterparty to the trades of its clients. This regime includes the execution of trades in stocks of major companies like Norwegian Cruise Line Holdings Ltd, Levi Strauss & Co, and McDonalds, where the company ensures that these trades are executed efficiently and transparently under the Dealing on Own Account (DOA) model. Customer Support Naxex Invest Ltd provides customer support primarily through its centralized contact facilities. Clients can reach the support team via email at info@naxexinvest.com or by telephone at +357 22 300 500. The company operates from two locations in Cyprus; the registered office is located at Archiepiskopou Makariou III, 82, 1st floor, Mesa Geitonia, 4003, Limassol, Cyprus, and the head office is situated at Artemisia Business Centre, 14 Charalampou Mouskou Street, 2nd Floor, Office 202, 2014 Nicosia, Cyprus. Educational Resources Naxex Invest Ltd offers a variety of educational resources focused on keeping investors and clients well-informed about the latest financial news and market trends. These resources include real-time updates and many coverage of significant corporate events, market movements, and financial outcomes. For instance, the platform provides detailed reports on major company announcements such as the recent stepping down of Paramount's CEO and upcoming corporate earnings like those from Amazon. This enables investors to follow market trends closely and make informed decisions based on the latest data and analysis available. Additionally, these educational tools are designed to help investors stay connected with global financial developments, ensuring they are never out of touch with factors that could impact their investment strategies. Conclusion Naxex Invest Ltd, formerly known as Depaho Ltd, operates as a Cyprus Investment Firm offering a broad spectrum of financial services and products, including deep market liquidity, various CFD asset classes, and additional services aimed at enhancing brokerage operations. With a focus on transparency, advanced trading technology, and robust regulatory compliance, Naxex Invest attracts primarily to professional clients and eligible counterparties, emphasizing the need for informed trading practices given the inherent risks in CFD trading. FAQs Question: What types of financial services does Naxex Invest Ltd provide？ Answer: Naxex Invest Ltd offers multi-asset liquidity, CFD trading across various asset classes, additional brokerage services, and trading technology solutions. Question: Can anyone trade with Naxex Invest Ltd？ Answer: Naxex Invest Ltd's services are primarily intended for professional clients and eligible counterparties, not for retail clients. Question: Does Naxex Invest Ltd offer any educational resources？ Answer: Yes, Naxex Invest Ltd provides educational resources that include real-time financial news updates, detailed analyses of market trends, and coverage of significant financial events. Question: Are there any geographical restrictions for Naxex Invest Ltd's services？ Answer: Yes, Naxex Invest Ltd does not offer its services in the USA, Canada, Belgium, and other countries where local regulations prohibit such financial services.

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depaho Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a depaho Account Creating a depaho account is the first step to accessing a range of investment services. The registration process is straightforward and can be co

Depaho Forex Broker - Complete Information Guide

1. Broker Overview

　　Depaho Ltd, founded in 2012, is a Cyprus-based investment firm that operates in the global financial market. The company's headquarters is located in Nicosia, Cyprus, with additional offices in Limassol, Cyprus, and a branch established in Spain. As a private company, Depaho Ltd has developed a reputation for providing various trading services primarily targeting retail clients across Europe and other regions.

　　Over the years, Depaho has marked several milestones, including its registration and licensing by the Cyprus Securities and Exchange Commission (CySEC), which has enabled it to offer cross-border services in the European Union, Switzerland, Ukraine, and South Africa. The firm operates under several brand names, including GTCM, FXGM, and Trade App, reflecting its diverse service offerings in the forex and CFD markets.

　　Depaho broker focuses on retail forex trading and provides various investment services, including order execution, financial instrument management, and investment research. The company's operational model is designed to cater to individual traders, providing them with access to a wide range of financial instruments and trading platforms.

2. Regulatory and Compliance Information

　　Depaho Ltd is primarily regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 161/11. The company is also authorized by multiple regulatory bodies, including:

FCA (Financial Conduct Authority), UK
FSCA (Financial Sector Conduct Authority), South Africa
AMF (Autorité des Marchés Financiers), France
CONSOB (Commissione Nazionale per le Società e la Borsa), Italy
CNMV (Comisión Nacional del Mercado de Valores), Spain

　　These regulatory licenses allow Depaho to operate within the legal frameworks of various jurisdictions, ensuring compliance with local laws and regulations. The firm is committed to maintaining client fund security through the segregation of client accounts from corporate funds, which is a standard practice in the industry.

　　Furthermore, Depaho is a member of an Investor Compensation Fund, which provides compensation to clients in the event of the firm's bankruptcy. The company adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for protecting clients and ensuring the integrity of financial transactions.

3. Trading Products and Services

　　Depaho broker offers a comprehensive range of trading products across various asset classes. The firm provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in diverse trading strategies. Additionally, the broker offers Contracts for Difference (CFDs) on various instruments, including:

Indices: Major global indices that track stock market performance.
Commodities: Such as gold, oil, and agricultural products.
Stocks: CFDs on popular shares from various markets.
Cryptocurrencies: Although specific offerings may vary, some digital currencies are available for trading.

　　The range of products is designed to meet the needs of both retail and institutional clients, with regular updates to the product lineup to reflect market demands. This adaptability ensures that traders have access to the latest financial instruments.

4. Trading Platforms and Technology

　　Depaho broker employs a proprietary web-based trading platform, known as Web Profit, which is designed for ease of use and accessibility. The platform offers a user-friendly interface, advanced charting capabilities, and various trading tools to facilitate effective trading strategies. However, it is noteworthy that Depaho does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely recognized platforms in the trading community.

　　In addition to the web platform, Depaho provides a mobile application for both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker employs a Market Making execution model, which can affect trade execution speeds and pricing.

　　The company's technical infrastructure is robust, with servers located in secure data centers to ensure reliable and fast order execution. While API access for automated trading is not explicitly mentioned, the platform's capabilities may support certain automated trading functionalities.

5. Account Types and Trading Conditions

　　Depaho broker offers a variety of account types to cater to different trading preferences and investment levels. The following are the primary account types available:

Standard Account: Requires a minimum deposit of €29, allowing access to basic trading features.
VIP Account: Designed for clients who deposit $10,000 or more, offering enhanced services such as personal account management and additional training resources.

　　The broker provides competitive trading conditions, including leverage of up to 1:200, which can vary based on the account type and the financial instruments traded. Additionally, the minimum lot size and overnight fees are subject to the specific account conditions and trading strategies employed.

　　While specific details regarding spreads and commissions are not publicly available, traders are encouraged to contact customer support for comprehensive information about trading costs.

6. Fund Management

　　Depaho broker supports multiple deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements vary by account type, with the lowest starting at €29 for a standard account.

　　Deposits are typically processed promptly, though specific processing times may vary depending on the method used. The broker does not charge deposit fees, but clients should verify any charges imposed by their banks or payment providers.

　　Withdrawal methods include similar options, with funds generally processed within a reasonable timeframe. However, clients have reported instances of delayed withdrawals, which is an area of concern. The withdrawal fees and any limits on transaction amounts should be clarified with customer support prior to initiating a withdrawal.

7. Customer Support and Educational Resources

　　Depaho broker provides customer support through several channels, including telephone, email, and a contact form on their website. However, the lack of a live chat option may limit immediate assistance. The support team is available during business hours, and traders can expect responses in English.

　　The broker offers educational resources, including tutorials and market analysis, although specific details about available materials may not be prominently featured on the website. Traders seeking in-depth training or analysis may need to reach out to customer support for further information.

8. Regional Coverage and Restrictions

　　Depaho broker primarily serves clients in Europe, with a focus on markets in the EU, Switzerland, Ukraine, and South Africa. The company has established a presence in Spain, allowing it to cater to Spanish-speaking clients.

　　However, certain regions are restricted from accessing Depaho's services, including clients from the United States, Canada, and Belgium. This limitation is in line with regulatory compliance and the broker's operational strategy to focus on specific markets.

　　In summary, Depaho broker is a regulated investment firm offering a diverse range of trading products and services. While it has established a solid foundation in the forex and CFD markets, potential clients should conduct thorough research and consider their trading needs before engaging with the broker.

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