Global Broker Regulation Inquiry App
WikiFX
Rpy Sundram 
1-2 years
What advantages does Forexdana offer?
Broker Issues
Regulation
08-04
United States
WikiFX
Reply
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.
Similar Questions
What’s my take on Kaarat’s regulation status based on my experience?
Prash_007
06-09
What are the cons of trading with Neptune Securities?
RichN
07-24
What major risks or drawbacks should I keep in mind when considering Alfa Capital?
RichN
08-26
What are the pros of trading with NAGANO?
Abu00saeed
08-18
Is BFC Forex safe and legit?
tabawan_dreamer
05-11