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Forexdana Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-03 12:01

Abstract:Forexdana is a global trading platform offering over 500 CFD (Contracts for Difference) trading instruments, covering forex, cryptocurrencies, precious metals, stocks, indices, and commodities (such as crude oil). The platform highlights "micro lot trading" and "ultra-fast execution," supporting beginners to get started through a demo account (free 30-day trial).

Forexdana Review Summary
Registered On2019-04-03
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsOver 500 CFD instruments including Forex, Metals, Futures, Shares, Indices, and Commodities.
Demo Account✅
Leverage/
Spread/
Trading PlatformMT4
Min Deposit/
Customer SupportEmail: info@Forexdana.com

Forexdana Information

  Forexdana is a global trading platform offering over 500 CFD (Contracts for Difference) trading instruments, covering forex, cryptocurrencies, precious metals, stocks, indices, and commodities (such as crude oil). The platform highlights “micro lot trading” and “ultra-fast execution,” supporting beginners to get started through a demo account (free 30-day trial).

Forexdana

Pros and Cons

Pros Cons
Micro lot trading (flexible)Unregulated
Multiple trading accountsInaccessible interface
Unclear fee information
Information discrepancies exist

Is Forexdana Legit?

  Forexdana is unregulated. It is recommended that beginners avoid trading on unregulated platforms.

unregulated
unregulated

What Can I Trade on Forexdana?

  Forexdana offers over 500 CFDs, covering forex, cryptocurrencies, precious metals, stocks, indices, and crude oil. However, there is a discrepancy in the information on the official website, as some sources claim it provides 300+ CFD instruments.

Tradable Instruments Supported
Forex✔
Crude Oil✔
Stocks✔
Cryptocurrencies✔
Precious Metals✔
Indices✔
ETFs❌
Bonds❌
Mutual Funds❌
CFDs

Account Type

  Traders can open a demo account for free with a 30-day trial period, which is suitable for beginners to practice. However, information about real accounts is unclear because the Sui Ying interface cannot be accessed.

Trading Platform

  Forexdana provides self-developed platforms that support mobile and web-based versions, but it does not offer third-party platforms such as MT4 and MT5.

Deposit and Withdrawal

  Deposit methods: Credit cards (VISA, MasterCard), local payment methods (such as BCA, Skrill, NETELLER, etc.) are supported.

Deposit

  

Related broker

No Regulation
Forexdana
Company name:Forexdana
Score
1.50
Website:https://forexdana.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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