DaxTrader.co.uk Reviews 

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TrustScore 1.5 out of 5

1.7

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DaxTrader premium’s primary focus is helping traders become more professional and disciplined in their approach to trading. Professionalism and discipline start with committing to continuous improvement. This includes understanding the reasons behind trading decisions, improving chart analysis and price action techniques as well as understanding how to avoid the common fatal mistakes.


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TrustScore 1.5 out of 5

18 reviews

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Rated 1 out of 5 stars

I am waiting for David Walton/Jenny Jones/Mia Anderson

I’m giving David Walton, Jenny Jones, and Mia Anderson until Monday, September 30, to let me access my money. If not all the money, what I’ve invested will have to suffice. After that, I'll be writing a full review. Consider this a final notice.

btw this is fake and does not work:
Phone: +441863440224
support at dax40trade.org

28 August 2024
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

You have provided a review for the wrong service. daxtrader.co.uk is completely different to what you are writing about here. You have made a mistake and should have left this review on someone else's service. I have no idea how you've managed that error.

Rated 5 out of 5 stars

The most genuine trader you will fall…

The most genuine trader you will fall in love with.

Hi, all! Maybe I'm the only one client from China, I got to know Chris and thedaxtrader from his music band Kadia, I'm deeply impressed by his talents in music, finance and many other things.

Honestly, I have been with thedaxtrader almost for 6 months in 2018, after then i quitted because my health issue and peacefully blew my account, i got addicted to trade before, that's over trade without clear plan just thought i can win everytime-that should be called gambling, Chris' has a huge arsenal to trade the market, from what i remember some of effective strategies called BBRSI, Fractal etc., and he's also an excellent swing trader, he knows very well to use Andrew's Pitchfork and harmonic patterns-this is advance for me, to be honest, from the beginning to trade forex in 2017 i was very ignorant(a cocky 28 y/o Irish lad guided me to forex market, he's very cold-blooded then, hurt my nice feeling to Irish people, sorry), with Chris' inspiration and education i can spot many precise entries then, i think i failed to my self-control and bad habits(stayed up every late night to stick the screen and very less body exercise that harmed my health very much-but i don't smoke and drink alcohol, i then vomited and fainted seriously then i got to stay at hospital for several weeks, and now sadly my right ear got constant tinnitus since that time that started to affect my music career, and i got continual belching every single day when i'm awake, overall i'm not too bad and healthy, life is short, i'm happy to know Chris), but look to Chris how he manages his life and time that really motivates me, he always gets up every morning in a routinely time and lives a very well organised and balanced life. This is very important to learn despite those trade knowledge and skills.

Personally, Chris is a very handsome English gentleman, he's sexy and hot which shows fine delicate features and figure with real character and attractive personality, plus charming south coast English accent and melodious voice that can beautifully sing songs, sometimes he can give you one or two naughty jokes and lovely tunes or songs that ease your anxiety for trading, he's very humble, friendly, respectful, venerable with good manners, he has profound and wide knowledge about the universe, world and culture, and one important thing is that he has 140 score IQ which officially certified by Mensa which is almost the same as Albert Einstein, he also has some lovely fun hobbies like climbing, yoga, reading some stuff like Stephen Hawking, Mr. Chris Bailey is thoughtful, insightful and literally a hard working role model, he has many clients over 500s but he tries his best to respond everyone, can you imagine how difficult that it is? Because his time is limited.

He's my crush for everything, he's my motivational inspiration to my life, i can always get the positive raw energy from him, i have restarted to trade the market with humility again, i will put Chris somewhere deep in my soul, spirit and body.

And recently I got to know Chris' eyes got a problem, he had to wear a pair of glasses to drive and do other things, i feel sorry for this, life often makes change to us that exceeds our expectations, I deeply bless Chris keep good in everything.

I regard Chris as my lifetime friend and mentor, not because trading, money or such things, just because how he treats life and people, wish i can spend time with Chris when i reside in the UK in the future, to have few drinks and play some music that would be most beautiful moment in my life. If i have any value he can use, i would be very honoured to let him use me in any kind of way he need, hahaha :D

Best regards, xoxoxoxoxo
Irwin

12 May 2019
Unprompted review
Rated 1 out of 5 stars

Very bad service just talk and tips are badly managed.

I was with Chris for three months earlier this year. What a waste of money. He can talk talk talk but the signals are nonsenses, there is no trade management and moving to break even after a few points move is pathetic strategies. He had John with him and I think he learned what he knows from John. If you want to learn to trade don’t follow daxtrader. The learning that chris teaches is really nonsenses. He draws lines and pulls forks from obvious points

30 June 2018
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

Hi George, we are very sorry to hear about your experience, we would be happy to refund you if the service was not to your satisfaction (please read the note at the bottom).

DaxTrader Premium is a service designed to help its members become more professional and Chris takes great pride in his work with helping traders become more professional. Chris uses techniques learned from MarketGeometry.com which is a popular service originally created by Tim Morge. I believe many traders have used that service in the past. MG teach principles and techniques, rather than strategies and Chris shares what he has learned about these techniques rather than focusing on providing a signal.

Note: Regarding your refund, we do not have anyone by the name of George as a previous member (from earlier this year), so please contact Chris directly on Telegram and we can process the refund for you.

Rated 5 out of 5 stars

DaxTrader.co.uk is a very reliable…

DaxTrader.co.uk is a very reliable service helping traders to trade Dax and other indices and also forex. I have been a subsriber for a while and want to stay here. I find here not only a lot of HIGH QUALITY educational materials but also signals and advices. Chris who is responsible for the service provides with an honest and trustfull advice, trainings and professional consultations, which is a GREAT VALUE in this sector.

3 May 2018
Unprompted review
Rated 5 out of 5 stars

Daxtrader.co.uk

Daxtrader.co.uk , chris bailey has created a platform where people can exchange ideas and learn from each other. Chris also provided excellent education to develop ones knowledge of trading, signals for a wide range of markets. What I really like about Chris that he will help anyone who is willing to learn and benefit from the financial markets. I am a gold member and intend to remain for a long time . thank you Chris , legend!

9 April 2018
Unprompted review
Rated 5 out of 5 stars

Daxtrader.co.uk is a website that…

Daxtrader.co.uk is a website that provides a host of trading features, daily webinars, training library a back catalogue of articles and a community for like-minded individuals who wish to enhance their trading knowledge and education. Chris Bailey who runs the website is a very helpful individual who will provide personnel assistance if required and his webinars take you through the thought processes and analysis to assess a trade and associated risks. I like this nuts and bolts approach to determine when and why you should trade or walk away. Chris also provides suggested trades when appropriate. Very pleased customer. Good site, good service,

9 April 2018
Unprompted review
Rated 5 out of 5 stars

I have to say that Chris is a very hard…

I have to say that Chris is a very hard working, knowledgeable, helpful, friendly chap. It is not just a "here are some trades, get on with it" service... There are a full range of helpful features, a training library, webinars, personal assistance to name but a few. He provides the means to better yourself as a trader and interact with like minded people. There are also suggested trades with the rationale behind each offering to assist you with formulating your own strategy. Top man. top service.

8 April 2018
Unprompted review
Rated 5 out of 5 stars

Professional and disciplined trading signal service !

I came across Chris's website in November when I was struggling to trade Dax. I used to get in trade and could not hold trade while in profit for long time. Also was not able to understand the index movement, which made me, take so many wrong trades.
I subscribed daxtrader to get signals for DAX and FTSE. However, after starting the service, I realised that Chris conducts webinar on regular basis to share Indices, Forex, Gold and Oil chart analysis. I really found this very helpful as it improved my knowledge on how to take trade and build confidence in the trades taken.
About the buy and sell signals, I was expecting too many signals on daily basis, as I preferred to do scalping. However, I realised that daily there are limited signals and on few days there could be none for good reason. This really helped me to bring discipline in trading.
Chris also provides continuous support in Telegram channel and drives a group, which provides an opportunity to all trader to discuss the set up and learn continuously about the various trades and trends.
In the 2nd week of my subscription, Chris provided recommendation to long Ripple which was spot on and given almost 4X plus benefit to those who would have followed it.
I am really happy with the service and looking forward to continue.

22 March 2018
Unprompted review
Rated 5 out of 5 stars

RSI Indicator Alert

I have bought and a product from DaxTrader and I have to say the costumer service is brilliant, very helpful and responsive. Is so nice to be able to communicate with someone directly via Telegram. The RSI indicator with alerts works exactly as I expected, very happy about it. Chris even did a remote access to my PC to help with some issues I had and sorted the problem. 5 star service and product. Thanks a lot. Sergio

14 March 2018
Unprompted review
Rated 5 out of 5 stars

In short I’m lovin’ it

In short I’m lovin’ it as they say. I truly appreciate the time Chris putts into the community and the website.
I still don’t call myself a trader, but genuinely do see growth in my trades in terms of entry/exit points and results of risk management, I now live by the rules of I learned in the webinars and it makes so much sense, I can’t believe I wasn’t using such risk management before.
Pros:
1- Chris’s efforts and time he puts into it
2- The community, each and everyone’s input no matter how big or small it is always appreciated and welcomed
3- The exchange of knowledge from Chris’s experience and others
4- I am learning something new almost everyday
I’m still trying to learning how to draw my lines and forks (Chris and John from the community make it look so easy, I guess that’s what you call experience).
I’m happy..Keep it up!

7 March 2018
Unprompted review
Rated 4 out of 5 stars

Daxtrader

I’ve found Chris to be very engaging and professional during these first three months I’ve been with Daxtrader. As I'm very much in the learning stage of my trading career, I’m looking forward to absorbing the necessary knowledge and skills to be successful in the future.

4 March 2018
Unprompted review
Rated 5 out of 5 stars

One of the best trading websites

Chris is very knowledgable on the subject, has provided members with learning tools, examples and daily guidance. His webcasts are great and cover a myriad of trading subjects. He has created a great community of traders of all levels who also learn from each other. I think given the time he spends with the members and overall service he provides, he should be charging more for membership!

3 March 2018
Unprompted review
Rated 5 out of 5 stars

Extremely Satisfied with DaxTrader! Thankyou!

Hi There, My is Chitra. I'm from Sydney, Australia. I have been trading DAX and other markets for a while, had lost significant amount of money due to the lack of education and strategy in place. I was trying to find someone who can provide education and help with different Strategy on trading DAX, I'm really fortunate that I found DaxTrader. Since I joined Daxtrader I have leant so much and still learning. I highly encourage anyone who is looking to learn and develop trading skills to join DaxTrader premium service. Thanks Chris for your passion,dedication and support on trading. I'm sure I will be on this program for long time.

2 March 2018
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

Thanks Chitra, it's good to see you in the programming and coding webinars and getting involved.

Rated 5 out of 5 stars

Very Satisfied to date

Very Satisfied to date
I have only been with Dax Markets for a couple of months and I could not be more happy. Communication has been great as have been the successful trades. I have not withdrawn any money as yet so cannot comment there but will do in due course. My account manager Jake is the best.
Thank you
Aileen

18 January 2018
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

Many thanks for the review. I'm glad to hear you're happy.

(Although I don't have any account managers and I don't manage other people's money, so those parts are not relevant to DaxTrader)

Rated 5 out of 5 stars

DaxMarkets

I started working with DaxMarkets last month because I wanted to have some secondary income. I started with 250$ and the company gave me a good bonus of 500 $ . I have very nice and helpful broker. He is constantly updating me about the news on the market and he is giving me good tips on trading. For now, I am being lucky with my trades and I am about to withdrawal some money.

11 January 2018
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

I am honoured to receive a 5-star review, but you are not actually reviewing my website here, you have unfortunately made a mistake and reviewed the wrong site.

Rated 5 out of 5 stars

Excellent.

I am glad I opted for daxtrader. Chris was the one escorted us. He is a true professional. The live trading signals are the best too, the system works really good and professionally. Unlike many other companies they ensure customer satisfaction, any issue I had was quickly solved. It's nearly immediate, once a trade opens, the signal comes to the phone. It works amazingly.

25 August 2017
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

Delighted to here it Jenifer, thank you

Rated 1 out of 5 stars

Chris Bailey of www_daxtrader.co.uk SCAM

Whilst looking for Germany 30 or Dax trading signals i came across a lovely pink website, tbh i was amazed of the features and its extent of DAX knowledge, it was so convincing after speaking to Chris so i decided to sign up. it has been 3 month and i have lost more than 22k, from his own EA and his DAX Signals which 9/10 have hit SL. Chris kept convincing me , There will be losing signals but profit takings will dominate, - I don't think so !!, So I decided to call Chris, he never answers his phone and always uses excuses such as "hes at the office" Hes performing at a band" , "Hes not at his computer", My advise would be to steer clear of this Fraudulent individual as he makes money from subscription fees , not Dax signals.
Oh and he will convince you to sign up to FXCM or IG in order to gain access to his Gold and Platinum service,which will benefit him, not You !! He is truly a disgrace, doesn't play safe and its not fair on subscribers as he will lose all your capital . A scamming Thief!!

20 December 2016
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

(Original response from Dec '16 was amended March '18)

Hello Ellena

After reading your review I am sorry to hear of your dissatisfaction. Please allow me the opportunity to respond to the main points.

I always tend to mention that my signals are notifications from the trades I am making, they are not financial advice and trading decisions are yours alone. If a signal loses, it's because the trade would have lost on my account. If I am challenged about why a signal loses, my normal response would be to explain that losses are part of the trading business. Good risk management and a good reward:risk ratio allows us to profit over time.

"My advise would be to steer clear of this Fraudulent individual as he makes money from subscription fees , not Dax signals"
- I do charge for a subscription service and I offer value for my clients. The fraudulent claim allegation is very severe and damaging but is simply not true and completely unfounded. I believe in transparency and honesty to which my current subscribers would attest. It's unfortunate that such a comment would be used incorrectly in this way and I can only apologise to anyone reading this review.

"Oh and he will convince you to sign up to FXCM or IG in order to gain access to his Gold and Platinum service,which will benefit him, not You "
- It was an affiliate link. I was offering an option for people to take advantage of subscribing to FXCM using my affiliate link. Because that was/is one of the brokers that I used and I would regularly be asked the question of which broker I recommended. At that time, I recommended FXCM because I believed in them. The affiliation with FXCM provided me with a small commission for each trader who opened a live account with FXCM. I am no longer affiliated with FXCM.

"He is truly a disgrace, doesn't play safe and its not fair on subscribers as he will lose all your capital. A scamming Thief!!"
- I am a conservative trader and consider myself very cautious. So I have to disagree with this statement strongly, especially as there are a number of unnecessary personal attacks on my character. I have also never handled subscriber's capital or traded my subscriber's money as it would be illegal.

I believe that these were the main points, so in summary; I can only assume that you have been unhappy with the performance of my trading signals and if that is the case, then this is unfortunate. If you pay monthly, you are not tied in, you are free to cancel at any time.

After looking through all of my records, I have never had a subscriber with a name or username or email address containing the name Ellena, so I could not locate any of your details. I also have never received a voicemail from you Ellena, can you please let me know the dates/times you attempted to call because I return all voicemails. I am sure there is a very simple explanation to that, but perhaps you can help me?

Well thank you for allowing me the opportunity to respond, I once again apologise if you were disappointed by your experience. I can assure you and any new potential clients that all of these points have been carefully considered and the service has dramatically improved.

I thank you for your time in reading this. And Ellena if you want to call me again, but I am unavailable, please feel free to leave a message and I will return the call.

Kind regards
Chris

Rated 1 out of 5 stars

daxtrader.co.uk / chris bailey / trading spread bet service

Daxtrader.co.uk run and owned by Chris Bailey is truly an appalling service. This is a man who charges a monthly subscription service and gets absolutely appalling results. All he is capable of
doing is 'talking' endlessly about technicals and predictions. BUT results? Forget it, literally always wrong and putting out trades that produce zero gains or losses. Sometimes he will win the odd one, but then so can anyone. Why pay for his so called 'professional' service ? He claims he can average 200 points per month, but I have been with him nearly 6 months and he cannot even do half of that.
The first month was a real eye opener about his crookedness: He puts out a trade forecast that losses a lot of points, but says ZERO about this in his messages to his clients. When I question him about why he makes no mention of this particular losing trade, his answer: My system was 'down' and the trade did not go through EVEN though he put it out
to his members who lost ! But worse, I notice on the 'telegram' service he uses that he deliberately DELETES all the conversation about this
trade, like it never happened. Only and I repeat only when I mention it 3 days later does he then realise that he has been 'caught out' and then has to tell all the members about this losing trade ! A
TOTAL CROOK AND CHARLATAN. This was Sept 2016. Amazingly he does not tell you that most of the time he does not watch the DAX at all as he is PART TIME - AS HE IS IN A ROCK BAND ! !! You do not
know this when you join. How can you run a dax prediction service part time ? Its a JOKE.
Finally mid Dec 2016 (last week) the dax makes a whopping 800 point
gain, Chris Bailey catches NONE I repeat NONE of this move instead he tells members 'you win some you lose some' !!
UNBELIEVABLE. This man is a total joker and wholly unprofessional. I have left the service and will report him to the FCA. Simon.

19 December 2016
Unprompted review
DaxTrader.co.uk logo

Reply from DaxTrader.co.uk

I would like to respond to each point:

"This is a man who charges a monthly subscription service and gets absolutely appalling results"
- The results are available on the website, I disagree that they are appalling.

"All he is capable of doing is 'talking' endlessly about technicals and predictions"
- The website is designed to provide daily technical analysis, I don't tend to provide predictions. It's a blog at heart.

"Forget it, literally always wrong and putting out trades that produce zero gains or losses."
- I think the results that are automatically published will answer that for me.

" He claims he can average 200 points per month"
- Please let me know where that claim is published and I will amend the wording to reflect the actual results from actual signals.

"The first month was a real eye opener about his crookedness He puts out a trade forecast that losses a lot of points, but says ZERO about this in his messages to his clients. "
- Perhaps an unnecessary personal attack on my character, one which is inaccurate. This would have been around the time I decided to build an automated publishing system for my signals to ensure this communication mix up did not happen. A service I am pleased to announce was installed around Sept 16.

"My system was 'down' and the trade did not go through EVEN though he put it out to his members who lost !"
- My signals are simply notifications of trades that are actually opened and closed on my trading account which is held on my server. If my server is not accesible or my software is not open, then a trade is not opened and a signal is not produced. I regularly mention setups in my commentary.

"But worse, I notice on the 'telegram' service he uses that he deliberately DELETES all the conversation about this trade, like it never happened."
- I have never deleted my trading results or trades I have taken. If any confusion exists or any oversights are made, I have rectified the misunderstanding in a reasonable time.

"Amazingly he does not tell you that most of the time he does not watch the DAX at all as he is PART TIME - AS HE IS IN A ROCK BAND ! !! You do not know this when you join."
I watch the Dax every day, I produce an article almost everyday, and have done since Oct 2014. Trading the Dax, running DaxTrader and designing automated trading solutions is my full-time job. I am not in a rock band, I am in a folk band called Kadia, which is completely unrelated to this review.

"Finally mid Dec 2016 (last week) the dax makes a whopping 800 point gain, Chris Bailey catches NONE I repeat NONE of this move instead he tells members 'you win some you lose some' !!"
- The market will be still here tomorrow, moves happen all the time, opportunities exist all the time. I believe I also updated people on the reason I missed the move.

"This man is a total joker and wholly unprofessional"
- Perhaps another unneccesary attack on my character, but again, untrue.

Thank you for your feedback, I believe you may have called me to have this conversation in person, but if I am mistaken then I will use it to improve my service. I wish you the best of luck with your trading.

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