DDO INC
We checked DDO INC against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
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.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report DDO INC.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.