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Score
United Kingdom
Questionable Regulatory License
Self-developed
Suspicious Operational Region
High Potential Risk
Influence
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.25
Risk Management Index0.00
Software Index4.37
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Forexdana
Company Abbreviation
ForexDana
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
| 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 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 | Cons |
| Micro lot trading (flexible) | Unregulated |
| Multiple trading accounts | Inaccessible interface |
| Unclear fee information | |
| Information discrepancies exist |
Forexdana is unregulated. It is recommended that beginners avoid trading on unregulated platforms.


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 | ❌ |

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

ForexDana is an unregulated broker operating with a critically low WikiFX score of 1.60. Recent complaints from Indian traders regarding uncredited deposits and unresponsive customer support indicate a very high risk for anyone considering this platform.
WikiFX
A brokerage operation history of over six years without any clarity of the accounts offered. This stunning fact allegedly applies to ForexDana. While this has been a major concern on the transparency front, user experiences concerning suspicious deposit failures and trade manipulation have not been good for the broker’s reputation either. In this ForexDana review, we have attempted to find the reason behind the growing user frustration, not only through their complaints but also what possibly could have led to these complaints. Yes, you heard it right! We are going to probe the ForexDana regulation status. This will help you make the right financial decision.
WikiFX
ForexDana is an unregulated forex broker with a WikiFX Score of 1.60/10. The available data shows a self-developed Android trading app, a low influence rank, no verified financial regulation, and a user complaint involving a deposit not being updated.
WikiFX
Concerned about ForexDana? Explore recent scam reports and the dangers of unregulated ForexDana broker trading. Protect your investments – read our review now!
WikiFX
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