ForexDana Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-24 15:06

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 On	2016
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Over 500 CFD instruments including Forex, Metals, Futures, Shares, Indices, and Commodities
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Proprietary platform
Min Deposit	/
Customer Support	Email: 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).

Pros and Cons

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

Is Forexdana Legit?

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

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	❌

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.