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Forexdana -

Score

1.50 /10
Danger

Forexdana

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://forexdana.com

Influence

D

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.94

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Forexdana

Company Abbreviation

Forexdana

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Forexdana · Company summary
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

User Reviews

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User comment

3

Comments

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FX1661010437
more than one year
Fake company. Don't ever trust this company. Save thousands of USD and during withdrawal, they suddenly told me have to convert to their useless coin. Now the equivalent is around $40-50, from initial capital around $4-5k. That's my parents money.
Fake company. Don't ever trust this company. Save thousands of USD and during withdrawal, they suddenly told me have to convert to their useless coin. Now the equivalent is around $40-50, from initial capital around $4-5k. That's my parents money.
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2024-03-29 14:23
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Starige
more than one year
Over the past three months, I've been attempting to close my Forexdana investment account as I urgently need the funds for a medical operation. Despite reaching out online and making numerous phone calls to various individuals through the "Help Center," the responses have been positive in attitude but have yielded zero results.
Over the past three months, I've been attempting to close my Forexdana investment account as I urgently need the funds for a medical operation. Despite reaching out online and making numerous phone calls to various individuals through the "Help Center," the responses have been positive in attitude but have yielded zero results.
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2024-02-01 11:06
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