Review summary
Daweda Exchange Limited is a forex brokerage firm that has been operating for 5 to 10 years and is registered in Cyprus. According to WikiFX data, the broker holds a very low overall score of 1.59. A critical assessment reveals that Daweda currently operates with NO valid forex trading licenses; its previous license from the Cyprus Securities and Exchange Commission (CySEC) is noted as revoked. Public user feedback on the platform raises concerns about fund withdrawals and trading operations. The absence of active regulatory oversight is a critical consideration for investors. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-06)
李Sir1209
Hong Kong
Unable to withdraw. The platform, together with others, rips clients off.
Exposure
Hong Kong
After causing deliberate forced liquidation, the scam platform absconded. All fund was gone!
Exposure
FX7759188426
Hong Kong
The virtual trading led to forced liquidation overnight. The platform co-founders have absconded.
Exposure
FX7009171841
Hong Kong
Daweda made my account liquidated through fake trading.
Exposure
Chin Chuan Wu
Taiwan
Daweda , with Mide, made our accounts liquidated deliberate, but blamed it on hackers. Now it has absconded.
Exposure
Henry shiew
Singapore
The company, cooperating with Mide, made our accounts liquidated.
Exposure
FX7759188426
Hong Kong
I was scammed by joint scam platforms. My account became forced liquidation overnight.
Exposure