Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
5-10 years
Company Name
Forexdana
Customer Service Email Address
info@forexdana.com
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
Forexdana
United Kingdom
|
5-10 years
|
Suspicious Regulatory License
|
Self-developed
|
Suspicious Scope of Business
|
High potential risk
https://forexdana.com/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Indonesia 2.97Surpassed 15.70% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
info@forexdana.com
https://forexdana.com/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Biz Area
Website
Company Summary
Wiki Q&A
Comment
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Official website
Website
forexdana.trade
104.18.31.177- 172.67.183.3
Company Summary
| 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.
Deposit and Withdrawal
Deposit methods: Credit cards (VISA, MasterCard), local payment methods (such as BCA, Skrill, NETELLER, etc.) are supported.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Self-developed
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
maseko 
1-2 years
What trading platform does Forexdana use?
Forexdana uses its own proprietary platform. I personally prefer platforms like MT4 or MT5, so I feel limited by their custom platform. If you’re used to popular platforms, this could be a downside.
Broker Issues
Fees and Spreads
08-11
United States
Rpy Sundram
1-2 years
What advantages does Forexdana offer?
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.
Broker Issues
Regulation
08-04
United States
kennis2244
1-2 years
What are the drawbacks of using Forexdana?
Forexdana's biggest drawback, in my opinion, is that it's unregulated. That means there's no regulatory authority overseeing their operations. Plus, the platform's interface is not very user-friendly, and I find the fee structure to be unclear.
Broker Issues
Regulation
06-10
United States
Serious74
1-2 years
Can I use a demo account with Forexdana?
Yes, Forexdana offers a demo account, and I think it’s a great way for me to get familiar with the platform before diving into live trading. It’s helpful for testing out strategies without financial risk.
Broker Issues
Account
Instruments
Leverage
Platform
06-01
United States
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