FUDA-Overview of Minimum Deposit, Spreads & Leverage

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.