Regulation MiFID , MFSA
Accepts US Clients: No
Min. Deposit: $100
Leverage: 200:1
Platforms: FXDD Trader , Jforex , MetaTrader 4 , Mirror Trader , MTXtreme , PowerTrader , VikingTrader

Broker Overview

FXDD is one of the larger dealers in the FX industry, and has both an international and US division. The dealer has been around for several years, and is well known by people all over the globe because of their various sponsorship of motorsports teams.

The dealer is considered to be one of the more popular ones on earth. The homepage is a bevy of information, and the company has plenty trading tools, services, and learning modules.

Company Information

Broker’s Name FXDD Malta Ltd.
Website www.global.fxdd.com
Headquartered in Floriana, Malta
Founded in 2002
Regulating Authority MiFID, MFSA
US Clients Accepted  ForexTradingTime.com_ Forex Brokers List & Reviews
Telephone Number 356 2013 3933
Fax Number 356 2138 3307
E-mail Address http://www.global.fxdd.com/en/forex-trading/contact-us.html

Account Options

Type of Broker Dealing Desk , ECN , No dealing desk
Commission No
Mini Account  ForexTradingTime.com_ Forex Brokers List & Reviews
VIP Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Segregated Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Islamic Account (Swap Free)  ForexTradingTime.com_ Forex Brokers List & Reviews
Demo Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Institutional Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Managed Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Maximum Leverage 200:1
Minimum Deposit $100
Deposit Options Bank Wire Transfer , ClickandBuy , Credit Card , Debit Card , PayPal
Withdrawal Options Bank Wire Transfer , ClickandBuy , Credit Card , Debit Card , PayPal

Bonus & Rewards

No Deposit Bonus ForexTradingTime.com_ Forex Brokers List & Reviews
Bonus for First Deposit  ForexTradingTime.com_ Forex Brokers List & Reviews
Is the Bonus Based on the Volume of the Transaction? ForexTradingTime.com_ Forex Brokers List & Reviews
Other Bonuses ForexTradingTime.com_ Forex Brokers List & Reviews

Trading Platform

Platform Type FXDD Trader, Jforex, MetaTrader 4, Mirror Trader, MTXtreme, PowerTrader, VikingTrader
Platform Languages Multi-lingual
OS Compatibility iOS , Windows , Android
Streaming News Feed  Yes
Trading Signals  Yes
Automated Trading Yes
Trade From Charts  No
Market Commentary  Yes
E-mail Alerts Yes
Mobile Alerts  Yes
Scalping Yes
Hedging  Yes
Trailing Stops  Yes
Guaranteed Stop Loss  No
Guaranteed Limit Orders  No
Guaranteed Fills No
Interest on Margin  No
One-Click Execution  Yes
OCO Orders Yes

Customer Service

Customer Support Languages English, Spanish, German, Russian, French, Portuguese, Turkish, Arabic, Chinese, Japanese, Korean, Vietnamese
Customer Service Hours 24h
Place Trades Over the Phone?  Yes

FXDD - Review

Forex.com Review


Impression

FXDD is one of the larger dealers in the FX industry, and has both an international and US division. The dealer has been around for several years, and is well known by people all over the globe because of their various sponsorships of motorsports teams. The dealer is considered to be one of the more popular ones on earth. The homepage is a bevy of information, and the company has plenty trading tools, services, and learning modules.

Platform

FXDD uses various platforms. These includes MetaTrader4, MTXtreme, AUTO, PowerTrader (w/ Currenex), VikingTrader (w/Currenx), and FXDD Trader.

Customer Service

FXDD offers several customer service options. These include live chat, call back, or phone number. The company is well-established, and has a long track record of transactions being completed so they are certainly knowledgeable.

Reliability

FXDD is a very reliable dealer, and is known for being as such. The long history that they have speaks to the reliability that they have shown over the years. The platforms are all excellent, and some are even “institutional quality”.

Commissions and Spreads

FXDD offers both fixed spreads and commissions, depending on what type of account you open. The larger accounts offer variable spreads, while the smaller retail ones offer a fixed spread for all pairs.

Promotions

Promotions change quite often with FXDD. At the time of writing, they are offering a sweepstakes of $100 to be added to your account if you win a drawing. The dealer also offers F1 tickets as a prize as they are a sponsor of a Formula 1 team as well. Make sure to check the company’s website for the latest promotion when you join.

Conclusion

FXDD is a well-known and heavily regulated dealer. The company offers many different platforms and is a well-trusted firm. The dealer also makes it easy to deposit and withdraw funds, and offers so many different options that it is a good broker for all trading experience levels.

Pros:

  • Variable or fixed spreads. This keeps the spread tight, which is one of your biggest expenses as a trader if you are a retail trader, and lets you take advantage of institutional spreads if your account is large enough.
  • The different platforms offered assures you that there is one for you.
  • Accounts can be started with as little as $100.
  • The deposit process is simple and quick, debit and credit card as you can use a paper check, bank wire, Click and Buy, BPS, as well as PayPal to fund your account. Withdraw can be done in reverse.

  Cons:

  • Limited to only Forex, so if you are looking to trade other markets, you will need another broker.
  • The variable spreads can be an issue during news events, but only if you are looking to scalp the news announcement.

 

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