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Daweda Exchange Review

Daweda Binary Options Exchange

Daweda is a Forex brokerage firm, owned by Daweda Exchange Limited, located at: 88 Agias Sofia’s Street, Limassol 3066 Cyprus.

Their customer support email is: [email protected], and their phone number is: +357 2531 2893. Official website is: DawedaFX.com.

Daweda Exchange Review

Daweda built their own custom trading platform for binary options. What makes Daweda different than all other binary option broker is that they are a binary options exchange, and this is why they charge $0.50 per contract traded. The expiry times for options are either 5 minute, 30 minutes, 1 hour, and End of the Day . They have options listed on all major Forex pairs, Market Indexes, Stocks and Commodities.

The trading platform is very simple and clean. You select Call or Put, and the number of contracts. Each contract is worth $10, which is also the minimum trade size. The returns are 100% on all options. They have a mobile trading app available for both Android and iOS. You can easily sign up for a demo account.

The minimum deposit for a regular trading account is $100, however, for the Auto Trading System you must have a balance over $350.

Daweda Trading Platform
Daweda Trading Platform

 

Daweda Exchange License

When the Scam Broker Investigator reviews Forex brokers, the most important item we check for, is a valid license from a legitimate financial regulator. Daweda was licensed and regulated in Europe by CySEC, with license number 289/16. There are only a few elite brokers who are licensed and regulated, see here.

If you are currently a client of this broker, please share your thoughts with other investors in the comments section below.

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