ForexDana

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

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.

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.