FXDD Review

Founded in 2002, FXDD is an ECN/CFD broker offering over 65 Forex pairs, equities, commodities, and metals through MT4, MT5, and WebTrader.

■ Foundation: FXDD was founded in 2002

■ Headquarters: FXDD is based in Malta and Mauritius

■ US Residents: FXDD forbids traders from the U.S. -NO-

■ Regulated: FXDD is regulated by MFSA (Malta) and FSC (Mauritius) -check below-

■ Client Bank Account Segregation: Client money is held in segregated bank accounts -YES-

■ Website Language: English and 6 more languages

■ Customer Support: 24/5 via Phone, Callback, live chat, and email

 

FXDD REVIEW SUMMARY

■ Broker Type: ECN/CFD Broker

■ Liquidity Providers: Tier 1 Banks and ECN’s as well as Non-Bank LPs

■ Trading: Forex Currencies, Equities, Commodities, and Indices

■ Platforms: MT4, MT5, FXDD WebTrader

■ Trading Time Zone: EST

■ Demo Account: YES

■ Lowest Spread on EUR/USD: 0.3 pip on the ECN Account and 1.6 pip on the Standard Account

■ Leverage: up to 30:1 for retail traders and 100:1 for professional traders

■ Automated Trading: YES

■ Free VPS: NO

■ SWAP-Free Account: YES

■ PAMM/MAM Accounts: YES

■ Minimum Account: $200

 

💱 FXDD TRADING ASSETS

Currently, FXDD offers the following assets:

■ More than 65 Forex Pairs

■ 13 stock indices and over 20 shares

■ 7 Metals and 4 energies

 

FXDD.COM TRADING PLATFORMS & MOBILE

FXDD provides the classic MetaTrader-4 and MetaTrader-5 platforms in several versions for desktop and mobile computers, plus a WebTrader:

■ MetaTrader-4 desktop for PC, MAC, Android, and iOS

■ MetaTrader-5 desktop for PC, MAC, Android, and iOS

■ FXDD WebTrader

Stop-limit level: 1 pip

FXDD ACCOUNT INFORMATION

There are two account types: the Standard and the ECN accounts available through both their MT4 and MT5 platforms.

(I) Standard Account

Minimum Account: The minimum required deposit amount to open an account with FXDD is 200 USD

FXDD Deposit/Withdrawal Methods:

■ Bank Wire

■ Credit/Debit Cards

■ Internet Wallets (Neteller, UnionPay)

■ No Fees on Deposits or Withdrawals

Inactivity Fees

The inactivity fees are based on the following schedule:

• inactive for less than 1 year - $40
• inactive between 1 to 2 years - $50
• inactive between 2 to 3 years - $60
• inactive over 3 years - $70

Account Currencies

• Base (account) currencies: USD, EUR

MAM Account Features

FXDD offers MAM (Multi-Account Manager) and PAMM (Percent Allocation Management Module) accounts. The MT4-based platform allows easy management of multiple accounts from a single terminal.

• Allocate funds by Lot, Percentage, or Proportional
• Allocate as little as 0.01 lots
• There is no limit to the number of clients per account
• Monitor your commissions in real time
• Access multiple master accounts to execute different strategies
• FXDD will absorb transaction fees for larger partners
• Expert-Advisor friendly

 

FXDD CORPORATE INFORMATION

 

⚖️ FXDD REVIEW PROS AND CONS (According to competition)

FXDD REVIEW PROS & CONS
FXDD REVIEW PROS (√)	FXDD REVIEW CONS (X)
√ ECN processing and over 65 Forex pairs √ MAM/PAMM Accounts (EA-friendly) √ FIX API √ Offering free Trading Central's Research and Technical Analysis  √ Negative balance protection	X Expensive spreads on standard account (minimum 1.6 pip) X Complex account opening process X Inactivity Fees

 

 

🏁 FXDD Review Conclusions:

Established in 2002, FXDD is an ECN/CFD broker offering 67 Forex pairs, equities, commodities, and metals. The broker is based in Malta and Mauritius and regulated by:

• Triton Capital Markets Ltd., holding an Investment Service Category 3 License, regulated by the Malta Financial Services Authority (MFSA Malta IS/48817)

• FXDD Mauritius Ltd., authorized and regulated by the FSC, Mauritius (C117017252)

FXDD provides the classic MetaTrader 4 and MetaTrader 5 platforms in various versions for desktop and mobile, plus the FXDD Web Trader. Automated trading is supported through MT4/MT5 and the MAM/PAMM platforms. FXDD also offers FIX/API for automated trading and free access to Trading Central’s research and technical analysis.

FXDD offers two main account types: ECN and Standard accounts. The minimum account deposit is $200, and funding options include bank wire, credit/debit cards, and online wallets (Neteller, UnionPay).

• The broker claims to have over 400,000 accounts opened.
• Overall, FXDD seems a fair choice for Forex trading; however, the spreads on the standard account are high, and there are inactivity fees, too.

 

🔗 Website: https://www.fxdd.com

 

 

 

■ FXDD.com Review

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