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Unregulated

DA

Hong Kong China
Unregulated Hong Kong China Futures and stocks
0.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Industry average 3.3 / 10
DA has no verified tier-1 regulatory licence on record. See what this means →
User reviews
License status
None
Operating since
2011
Platforms
Proprietary
Min. deposit
Max. leverage
Account types
Website status
Unknown

DA Review — Overview

Updated 01 Jul 2026
Regulation
Unregulated
Licence status
Not Regulated
Platforms
Proprietary
Instruments
Futures and stocks
Operating
Est. 2011
Website
Unknown

DA is a cryptocurrency exchange based in Hong Kong China, established in 2011. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for DA. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

DA provides access to Futures and stocks. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, DA carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction0.0 / 10
Transparency public disclosure0.0 / 10
Footprint track record0.0 / 10
Reviews no reviews yet0.0 / 10
Complaint record no complaints on record0.0 / 10

Trust Score history

DA currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Trading conditions and fees not publicly disclosed
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for DA. Treat with caution and verify before depositing.

Trading conditions

Self-reported
InstrumentsFutures and stocks
Minimum depositNot disclosed
Maximum leverageNot disclosed
Typical spreadNot disclosed
PlatformsProprietary
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on DA

Editorial · updated 01 Jul 2026
Our analysis · editorial 3.5/10

High-risk profile

DA does not hold a verified regulatory licence on record. Based in Hong Kong China, it has been operating for about 15 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.

Strengths
  • Long 15-year operating track record
  • No complaints on record with us
  • Supports Proprietary trading
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

0 reviews

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DA — Questions & Answers

0 questions

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag DA here if that changes.

Full specifications

Regulated region
Hong Kong China
License status
Not Regulated
Licences held
Suspicious Regulatory License, Exchange License
Instruments
Futures and stocks
Year founded
2011

Frequently asked

Is DA a safe broker?
DA scores 3.5 / 10 on our Trust Score, above the 3.3 industry average. It has no verified tier-1 licence, raising risk. It has no complaints on record. Trade only with funds you can afford to lose.
How is the DA trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from DA?
DA doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.