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

 

FXDD Review

■ 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, LiveChat, and email

FXDD REVIEW SUMMARY

■ Broker Type: ECN/CFD Broker

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

■ 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 Real Trading Account

 

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

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FXDD provide 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

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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 offer MAM (multi-account manager) and PAMM (percent allocation management module) accounts. The MT4-based solution offers the ability to manage multiple accounts easily 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 MT4/MT5 Account

 

FXDD CORPORATE INFORMATION

 

FXDD REVIEW PROS AND CONS (According to competition)

FXDD REVIEW PROS & CONS
FXDD REVIEW PROS (√)	FXDD REVIEW CONS (X)
√ ECN processing √ 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 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 domiciled in Malta and Mauritius and regulated by:

• Triton Capital Markets Ltd. holds an Investment Service Category 3 License and is regulated by the Malta Financial Services Authority (MFSA Malta IS/48817)
• FXDD Mauritius Ltd is authorized and regulated by the FSC, Mauritius (C117017252)

The broker claim to have over 400,000 accounts opened.

As concerns their trading platforms, there are the classic MetaTrader-4 and MetaTrader-5 in several versions for desktop and mobile devices, plus the FXDD web trader. Automated trading is allowed, via MT4/MT5 and their MAM/PAMM platforms. FXDD offer also FIX/API for auto-trading and  free Trading Central's Research and Technical Analysis

FXDD offer two main account types.

• ECN
• Standard

The minimum account is $200 and you can fund it via bank wire, credit/debit cards, and internet wallets (Neteller, UnionPay).

► FXDD Real Trading Account

 

 

■ FXDD.com Review

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