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0 1 2 3 4 5 6 7 8 9
/10

ForexDana

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Self-developed | Suspicious Operational Region | High Potential Risk

https://forexdana.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Indonesia Indonesia 2.49
Surpassed 15.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://forexdana.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Forexdana
Email
info@forexdana.com
Company Website
Related Personnel
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment
MT4/5

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Trading Apps
logo
ForexDana - Pocket Trading
A secure and professional all-in-one trading platform
Total Downloads
7,402,922
App Size
--
screenshotsscreenshotsscreenshotsscreenshotsscreenshots

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Official Website

Verified Site

  • United States forexdana.trade
    104.18.31.177
  • United States forexdana.com
    172.67.183.3

Company Profile

Company Profile

Review summary

Forexdana Review Summary
Registered On2016
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsOver 500 CFD instruments including Forex, Metals, Futures, Shares, Indices, and Commodities
Demo Account
Leverage/
Spread/
Trading PlatformProprietary platform
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

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Self-developed
  • Suspicious Operational Region
  • High Potential Risk

News

Is ForexDana a Safe Haven or a Risky Venture for Your Investments?

Exposure Is ForexDana a Safe Haven or a Risky Venture for Your Investments?

Concerned about ForexDana? Explore recent scam reports and the dangers of unregulated ForexDana broker trading. Protect your investments – read our review now!

ForexDana Exposure: Do Traders Witness Fund Scams & Deposit Credit Failures?

Exposure ForexDana Exposure: Do Traders Witness Fund Scams & Deposit Credit Failures?

Did your deposited amount fail to reflect in the ForexDana forex trading account? Failed to receive an adequate response from the broker’s customer support officials? Do you think that it is a clone firm that cheats traders? Were you fascinated by the profit shown on the trading platform, but could not withdraw funds? Have you been lured into trading by a deposit bonus that does not work in real-time? In this ForexDana review article, we have investigated some complaints against the broker.

Wiki Q&A

Is ForexDana a reliable or highly suspicious trading platform?

ForexDana's overall WikiFX Score of 1.59 reflects a profile that demands considerable caution from potential clients. Operating under the full name Forexdana and registered in the United Kingdom, it is classified as a suspicious entity due to a complete absence of valid forex trading licenses. There is no credible regulatory oversight, which significantly compromises standard investor protection mechanisms.

04-02
United States

What is the current regulatory status of ForexDana?

ForexDana currently operates without any verified mainstream regulation. According to WikiFX data, it holds no valid, authoritative forex trading licenses. The entity's regulatory index score is 0.0, confirming a significant lack of credible regulatory oversight.

04-02
United States

What is the full company name of ForexDana?

The broker operates under the full name Forexdana. It has been active for an estimated 5-10 years and is registered in the United Kingdom, although it conducts business under a scope that is flagged as suspicious.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

Three days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Three days ago

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States
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