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. 

One response to “Review on daweda forex broker”

  1. Daweda Exchange or Daweda Exchange ATS shows on the Internet that Cysec Suspended this Company for investment Violations, I will not be joining this company

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