Review on daweda forex broker

By Carlos Yoong, from Malaysia, November 20, 2019 at 06:47 AM

Please help to review and comment about trading with Daweda.

Answer: Hi Carlos Yoong,

Daweda is a Cyprus-based forex brokerage firm. DAWEDA EXCHANGE LIMITED is a Company incorporated under the Laws of the Republic of Cyprus and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under License Number 289/16. The capital requirement for getting an STP license from CySEC is 200,000 Euro, also, the regulator has an Investor Compensation Fund for its clients. Daweda seems to be a well-regulated broker. 

However, if you still have any doubts regarding investing with Daweda, you can check our list of the regulated brokers and maybe choose a broker that would fit you better. 

Leave a Reply

Your email address will not be published. Required fields are marked *

* code