Dana Global is a forex broker established on August 30, 2022, and registered in Mauritius. It primarily offers financial trading services to investors in forex, crude oil, indices, precious metals, and more. The company's headquarters are located in Port Louis, Mauritius. The broker's official website primarily supports English-speaking services and does not provide services to residents of jurisdictions such as the United States, the United Kingdom, Iran, Canada (including Quebec), and North Korea, where services may violate local laws and regulations.
Corporate Background and Regulatory Status:
Dana Global's registered entity in Mauritius is Dana Global Limited, with the company's registered address at Suite 803, Hennessy Tower, Pope Hennessy Street, Port Louis, and registration number C190203. The board members include ELECTRA DEMETRIOU, ERACLEOUS ANDREAS, HEERAMUN DEVESH, PAPAGEORGIOU GEORGIOS, THYLAM POONUM, and Blue Azurite Ltd.
This entity is authorized and regulated by the Financial Services Commission (FSC) of Mauritius, with the authorization date being September 5, 2022, and the license number GB22200578. According to Whois information, the broker's website domain was registered on December 16, 2022.
Account Opening:
To open an account with Dana Global, you first need to register and log in to your account. Then, you'll need to upload documents for identity and address verification. Once the verification is successful, you can deposit funds into your trading account and start trading. However, the website does not specify the registration process for logging into your account.
Account Types:
Dana Global offers two types of real trading accounts for users: the Standard Account and the Commission-Free Account. Both account types provide access to all trading tools, leverage ranges from 1:10 to 1:500, and the minimum trade size is 0.1 lots, with a maximum of 20 lots.
For the Standard Account, the minimum deposit is $100, and there is a $15 commission per lot traded with floating spreads.
The Commission-Free Account requires a minimum deposit of $200 and does not charge trading commissions. It offers floating spreads starting from 0.2 pips.
Trading Platform:
Dana Global provides the MT5 trading platform, with servers hosted by Dana Global Limited.
Deposits and Withdrawals:
The broker's website does not disclose information about deposit and withdrawal methods.
Customer Support:
Dana Global offers customer support through email at [email protected] and an online contact form on their website.
Summary:
Traderknows advises investors that while Dana Global is authorized and regulated by the Financial Services Commission (FSC) of Mauritius, there is limited information on their website regarding account registration, downloading the MT5 platform, and deposit/withdrawal methods. Additionally, their customer support options are limited, which may result in delayed communication. Currently, the broker is marked as "operating normally" on Traderknows.
