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DDO INC

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has Reviewed that DDO INC is an Unregulated Forex Broker DDO INC claims it was founded in 1985 and has conducted business in more than 150 countries since its inception. But when we checked its domain, we found it was created in 2021. So how could it start its business in 1985? It is a red flag. Besides, DDO INC claims to be a registered member of the US National Futures Association (NFA) with registration number 0182582 and it is the largest foreign exchange broker in the United States region. We indeed found a matching result in NFA's registry, however, DDO INC is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Obviously, DDO INC doesn't satisfy these conditions. All in all, DDO INC is not overseen by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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BrokersView has identified that DDO INC's website is currently offline BrokersView found that the domain "ddofx.top" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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