Global Broker Regulation Inquiry App
About WikiFX
BtcDana
Regulatory Status
RegulatedRegulation & License
Regulatory note: Lower-tier regulation; investor protection may be limited.
Score
5.08 /10 Regulation
3.05
License
3.05
Business
6.36
Software
9.03
Risk Control
8.94
BtcDana Comprehensive Review
BtcDana demonstrates average overall performance, suitable for traders exploring low-cost entry into multiple asset classes but necessitating careful evaluation, with a composite score of 5.07, supervised by Mauritius's FSC under a Securities Trading License, and a 2-5 year operating history, while the broker maintains a high risk control rating of 8.94. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-23)
Read more 
Is BtcDana Safe
What is the regulatory standing and license coverage for BtcDana?
BtcDana operates under a regulated status, holding a Securities Trading License (EP) from Mauritius's Financial Services Commission (FSC) under the entity Dana Global Limited. The broker is authorized by the FSC, Mauritius's primary financial regulator, with the license number GB22200578. This license grants it the scope to operate as a regional broker. Traders can verify this license's authenticity directly through the official FSC registry for confirmation.
What is BtcDana's Safety Score Analysis and Breakdown?
BtcDana carries a composite score of 5.07, with a regulatory rating of 3.05, risk control rating of 8.94, software rating of 9.03, business rating of 6.33, and license rating of 3.05. The 5.07 composite score reflects this website's aggregated assessment of the broker's overall operational safety. The sub-scores detail its regulatory standing, risk management effectiveness, software reliability, business operations robustness, and license credibility. Traders should consider which dimensions—be it strong execution metrics or regulatory framework—are most critical for their individual strategy.
What key operational highlights define the BtcDana forex broker?
BtcDana is a broker operating for 2–5 years from its base in Mauritius, featuring MetaTrader 5 support and a low entry threshold on its Standard Account. The broker's operational background suggests a degree of market presence and continuity, while traders can access markets with a minimum deposit as low as 3 USD for its standard offering. The exclusive reliance on the MT5 platform provides access to modern charting tools and automated trading capabilities for the majority of its account types. Clients can trade across major financial categories, including Forex, Precious Metals, Indices, Stocks, and Cryptocurrencies, providing a diversified trading portfolio from a single provider.
What is the trading platform and execution setup for BtcDana?
BtcDana runs on the MetaTrader 5 platform, while the server count and trading environment grade are not currently disclosed. The broker's average execution speed is not publicly specified. This execution speed is a key factor for order-to-fill responsiveness. The trading environment grade is an internal rating that reflects overall execution conditions. All current trading activity is conducted through the MetaTrader 5 terminal.
What financial instruments can you trade with BtcDana?
BtcDana provides trading in the categories of Forex, Precious Metals, Indices, Stocks, and Cryptocurrencies. The exact instrument count is not currently disclosed. This broker does NOT offer Bonds, Commodities, or Options. Traders should ensure this product range aligns with their specific trading strategies and goals.
Read more
BtcDana Regulation & License
Regulated
Mauritius Securities Trading License (EP)
Click to View
Note: The above regulatory information is sourced from the official BtcDana website.
Basic Information
Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Dana Global Limited
Customer Service Email Address
Support@btcdana.com
Contact Number
+230 2143442
Company Website
https://www.btcdana.com/
BtcDana Pros & Cons
PROS
Strong software infrastructure supported by a high software reliability score.
- Very low minimum entry point of $3 on the Standard Account, enabling access with minimal capital.
- Supports MetaTrader 5 across major account types, offering modern charting and automated trading with EA support.
CONS
Operates under a single Securities Trading License from Mauritius, which is a less stringent regulatory jurisdiction compared to major global financial centers.
- Does not offer Bonds, Commodities, or Options, limiting diversification for some trading strategies.
Related Brokers
TRADEVIEW MARKETS
Offshore Regulation 2.43 /10
TRADEVIEW MARKETS exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 2.43, holds an offshore regulatory status from the Cayman Islands Monetary Authority, and has operated for 5-10 years with a risk control rating of 0.0; its core Forex offering lacks direct regulatory oversight and presents significant security concerns. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-31)
Read more...
Trive
Regulated 7.84 /10
Trive is fairly reliable, suited to traders prioritizing strong regulatory backing, with a composite score of 7.84, regulated by top-tier bodies including Australia's ASIC and South Africa's FSCA, and holding multiple market-making licenses across over a decade of operation. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-23)
Read more...
BNYT
Not Regulated 1.46 /10
BNYT LTD exhibits overall weak performance and is not recommended for risk-sensitive investors, as evidenced by a composite score of 1.45, operates without any disclosed forex trading license from a suspicious region, and has a limited operational history of only 2-5 years with its regulatory and license ratings scoring at the lowest levels. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-29)
Read more...
Davinci
Scam Brokers 1.60 /10
Davinci shows overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.60, a business rating of 7.68 but a regulatory rating of 0.0 and a listed operational region considered suspicious. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-23)
Read more...
FXCartage
Not Regulated 1.33 /10
FXCartage exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.33, is not regulated by any recognized financial authority, and operates from a region considered highly suspicious for financial activities. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-31)
Read more...
Frequently Asked Questions about BtcDana
Is BtcDana a regulated forex broker?
BtcDana operates as a regulated entity. Its parent company, Dana Global Limited, holds a Securities Trading License (EP) issued by the Financial Services Commission (FSC) in Mauritius under number GB22200578. This license falls under the broker's broader category of a Securities Trading License, not a specialized forex trading license. Traders should verify this license's specific permissions via the official FSC registry, as its oversight scope differs from that of major global forex regulators like the FCA or ASIC.
Is BtcDana safe to trade with based on WikiFX data?
BtcDana holds a composite operational score of 5.07, which reflects its overall safety assessment. This score includes a high risk control rating of 8.94 and a software rating of 9.03, suggesting strong internal procedures and technical reliability. However, its regulatory and license ratings are both 3.05. The broker is regulated by the FSC of Mauritius, but operates under a single regional license. Safety is a multi-faceted concept; traders should weigh these technical strengths against the regulatory framework's regional scope.
Is the entry threshold of BtcDana high?
BtcDana offers a very low entry threshold. The Standard Account requires a minimum deposit of just $3 and allows a minimum trade size of 0.01 lots. This combination makes it accessible for traders with limited starting capital. However, entry costs for other account types, like the PremiumAccount, start at $200. The maximum leverage is not a fixed value but varies according to each financial instrument. This structure provides flexibility but requires checking specific terms for each asset you intend to trade.
Does BtcDana support common trading platforms?
What can I trade on BtcDana?