Abstract:FUDA is an investment registered in Hong Kong China, offering forex currencies, indices and commodities through MT4 trading platform. However, FUDA is not subject to any regulation.
General Information & Regulation
FUDA is an investment registered in Hong Kong China, offering forex currencies, indices and commodities through MT4 trading platform. However, FUDA is not subject to any regulation.
Risk Warning
It has been verified that FUDA is an illegal platform, so it is unsafe to trade with this broker.
Markets Instruments
FUDA offers the following trading instruments: forex, Index as well as commodities.
Minimum Deposit
Clients can choose the account type that best suits their individual trading objectives from a choice of two live trading accounts: the Standard Account (with a minimum deposit of $200) and the ECN Account (with a minimum deposit of $2,000).
Spreads & Commissions
FUDA advertises that it offers low spreads for its traders, but does not specify detailed spreads on particular instrument.
Trading Platform Available
What FUDA gives traders is the counterfeit MT4 trading platform, so it is definitely unsafe to trade on this platform.
Deposit& Withdrawal
In terms of payments methods available, FUDA does not make this part clear. In most cases, most brokers would support traders to fund their accounts through Credt/Debit Card (Visa, MasterCard, Maestro), Bank Transfer, as well as some online processors like Skrill and Neteller.
Bursa Malaysia saw a slight dip on the final trading day of the year as profit-taking and cautious sentiment dominated. The FBM KLCI declined 3.4 points to 1,634.28, with muted turnover of RM822.07 million due to year-end festivities. Blue-chip stocks, including Tenaga Nasional and Telekom Malaysia, experienced declines, while regional markets remained subdued amid global uncertainties. As 2024 approaches, investors remain cautious, balancing risks with potential opportunities.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.
Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.