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ForexDana

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Operating status: SCAM

Website: https://forexdana.com/

Broker violations and abnormal records
  • Oct 14, 2025 BrokersView has found that ForexDana appears to be a scam

    ForexDana claims to operate as Forexdana Trading LLC, registered in Saint Vincent and the Grenadines, and asserts it has obtained a Money Services Business (MSB) registration from the Financial Crimes Enforcement Network (FinCEN) and Financial Transactions and Reports Analysis Center of Canada (FINTRAC). However, our investigation reveals that no such entity is listed in the official registries of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, FINTRAC, or the U.S. FinCEN database.

    This lack of verifiable registration raises serious concerns about the legitimacy of ForexDana’s operations. It is also important to note that even if registration were confirmed, none of these authorities regulate forex trading activities. 

    Therefore, ForexDana appears to be unlicensed by any regulator. It is very likely to be a scam.

Related Complaints

Q&A

ForexDana support instant withdrawal? Really?

Teh Abid
Finland
May 18, 2026
ANSWER Dear Investor, We do not recommend using the ForexDana platform due to its lack of basic regulatory and even registration information. Currently, the company's registration details have been removed from its official website, making it impossible for us to even determine where it is registered. Furthermore, previous investigations indicated that the platform claimed to be registered in Saint Vincent and the Grenadines and to hold MSB licenses issued by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) and the Financial Crimes Enforcement Network(FinCEN). However, upon verification, we were unable to locate any relevant information to support these claims, strongly suggesting that this information is likely fabricated. Given these serious concerns, we strongly advise you to avoid engaging in any trading activities with this platform to prevent the risk of severe financial loss.
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Do they have any licenses? Is my money safe?

Markos Shahverdyan
Indonesia
Oct 15, 2025
ANSWER Dear Investor, ForexDana appears to be an unregulated and potentially fraudulent brokerage service. The company claims to operate as Forexdana Trading LLC, registered in Saint Vincent and the Grenadines, and asserts it has obtained a Money Services Business (MSB) registration from the Financial Crimes Enforcement Network (FinCEN) and Financial Transactions and Reports Analysis Center of Canada (FINTRAC). However, our investigation reveals that no such entity is listed in the official registries of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, the U.S. FinCEN, or the FINTRAC database. This lack of verifiable registration raises serious concerns about the legitimacy of ForexDana’s operations. It is also important to note that even if registration were confirmed, none of these authorities function as a financial regulator for forex trading activities. They do not authorize a company to act as a forex broker or provide leveraged trading services to investors. Given the absence of proper regulatory oversight from reputable financial authorities, we strongly advise you to exercise extreme caution and refrain from engaging in any financial transactions with ForexDana.
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1 comments

globaltrder
This is a clone firm. I've been cheated . Now they witdraw from Chinese market
Jan 06, 2026
Reply
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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