FXDD Broker Reviews and Full Information

What exactly is FXDD?

FXDD is an Malta well-established financial service business that offers a wide range of opportunities for investment to corporate, retail and institutional clients. The ECN technology is based and gives clients lower spreads and no commissions as well as raw spreads and quotes are received directly from liquidity providers are ultra-low in latency.

The company was operating for over 15 years and served more than 350 thousand accounts, with 7.3 trillion in transactions. The markets for trading that are accessible include the execution of orders for stocks, Commodities, Indices and Cryptocurrencies using Bitcoin, Ethereum, Litecoin and Ripple are now offered in addition.

FXDD The pros and cons

FXDD is a registered broker that offers low risk trading, a good choice of platforms, research and instruments that include Cryptos. The pricing is either on commission or spread.

On the negative side the education system is basic, and Standard spreads for accounts are very high.

10 Points Summary

Is FXDD secure or is it a scam?

Yes, FXDD is not a fraud. It's a licensed broker that offers minimal risk of trading.

FXDD Malta Limited as a part of the EU company, which is in compliance with the legal requirements regarding financial services companies and is a holder of the Investment Service Category 3 License. The license is granted and is regulated through Malta Financial Services Authority. Malta Financial Services Authority.

As a European regulator, the company is able to offer solutions within the EEA zone. It is also recognized by the Partner EU authorities and is regulated under the MiFID.

There is also another entity named FXDD that is registered with the offshore Mauritius along with European law. This makes FXDD as a reliable partner.

The registration overall provides security and compliance for the client's assets, and the security is provided by the variety of strict regulations set by the rules of authority and different to safeguard clients at all times.

Leverage

Like most Forex broker, FXCC also offers to leverage, a potent instrument to boost the possibility of earning through the possibility to have multiple accounts with a similar balance. However, leverage must be handled with caution since it boosts the power of looses too.

Leverage amounts based upon the instruments you use with and established by the restrictions of the regulator along with your individual level of competence. Thus, you can leverage your trade with the leverage lets you trade with a higher level-up of 11:30 but professionals may be entitled to a higher leverage of 1:100.

Types of accounts

The FXDD company FXDD has decided to provide two types of account according to the pricing models which is why they offer two types of accounts Standard and ECN are available on both platforms, MT4 as well as MT5.

Additionally, the Demo account for both types is accessible immediately to new clients of the company. Once the client is has confidence in his skills, is confident, the registration for the live account is completed swiftly and easily.

Fees

The standard account price provides low spreads, with the absence of chargeswhile you can count to the high standards of company implementation and delivery of services.

If you are trading on ECN accounts is a breeze. With the ECN account, you'll receive direct raw spreads, that are free of marking up, with just one commission per transaction. The cost is usually 0.0299dollars per 1,000 trades for major currencies, whereas other instruments charge more - 0.0499dollars.

Spreads

Spreads vary based on account type, and you can see the FXDD Standard spreads for the most popular instruments below. Also, look at the FXCC spread with another popular brokerage FXCC.

FXDD rollover

Be sure to consider rolling over or overnight fees as a price which is charged for positions that are held for more than a day. The amount is determined by each instrument individually. A few examples might also find above. Also, look up the most current version via the FXDD platform.

Payment Methods

The various options to transfer or deposit money are provided via the most secure and efficient payment methods. All transactions are processed through the customer portal. there are options for Credit/Debit Cards via SafeCHarge and UnionPay, Neteller, Skrill and Wire Bank transfers.

FXDD minimum deposit

A minimum deposit for FXDD is $100 for both types of accounts that allows users to move their Demo account to an account that is live. But, make sure you are aware of the margins of the instrument you are using when trading.

Minimum deposit for FXDD against other brokers

FXDD withdrawal

FXDD is not liable for any fees to make the deposit in addition to the fact that you can withdraw the funds at any time. FXDD withdrawal options include Bank wires and Credit Cards as well as the broker will pay the expenses of the first withdrawal every month. Further redemptions could result in an additional fee of 40$ for truncation The minimum amount is set at 100dollars.

Trading Platforms

The FXDD platform selection is popular with manual and automated traders from all over the world. MetaTraderwith the option to open either a Standard as well as an ECN account. In addition, the platforms include both the seasoned MetaTrader4 as well as the newer Version MetaTrader5, that is not just an option but also upgraded by the broker edition that has optimised technology.

The platforms themselves were designed to be used on Windows, Mac, Web, iOS, Android devices.

Additionally, the company can also enhance MT4 by integrating a an VPS package that shields this platform against trailing stoppages, and makes it more efficient to run several strategies continuously, and has a lower latency. This service is offered for free for those who keep an initial amount of 2,500 dollars and makes trades of at minimum 5 standard lots per month. Otherwise you'll be charged 30$ or 40$$ (according your VPS plan level).

Web Platform

Another platform offered by FXDD is the trading software that is proprietary and has a an internet-based user interface that allows easy access anytime and from anywhere. It is a special feature that is designed specifically for experienced traders and comes with a robust charting tools and has only ECN pricing models.

Support

Alongside that, helpful guides and an introduction to the world of trading for those who want to that the FXDD allows you to begin trading on the right track with the help of the educational tools. Additionally the market analysis compiled by in-house specialists provides daily information on the world markets.

Customer support is always available and they put their expertise to work their customers closely. This is a huge advantage for traders.

Conclusion

This FXDD Review reveals good investment opportunities across the globe, and offers assistance of different options for accounts, trading styles and features and tools. The quality of customer service and the most advanced operational standards ensures FXDD customers to make smart investments and to be on the path to success. All traders of every style will benefit from the most suitable platform and the expanded range of trading options in the safest environment possible with the STP system.