Global Broker Regulation Inquiry App
WikiFX
Rpy Sundram 
1-2 years
What advantages does Forexdana offer?
Broker Issues
Regulation
08-04
United States
WikiFX
Reply
One thing I like about Forexdana is their micro lot trading option, which suits beginners like me who want to trade smaller amounts. They also offer a demo account, allowing me to practice risk-free. But the fact that it is unregulated is a significant disadvantage.
Similar Questions
What are the pros of Acetop?
Mohammed Mazhar
04-29
What are the pros and cons of Lotas Capital?
Bhavani Durga K
05-18
2. Is Vantage regulated?
Mohammed Mazhar
07-01
How does the regulation affect my safety as a trader?
edgeisedge
08-15
Have you noticed any drawbacks with Ando Securities when it comes to their customer support or how stable their platform is?
Moshiheya
08-10