There is an individual account, which obviously is only for one person. On the 4th day all my clients were transferred to FXDD and all their trades were routed to Forexware. In a panic I contacted Lawrence Fayman at FXDD and within 3 days he created a grey label with no setup fees and no initial deposit. Moreover, this is the market which can offer them just that, but it can also make them lose all. Most of these platforms are available for mobile devices as well, which allows you to have control of your funds at any time. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
FXDD Demo Account
The average cost per trade rises up to $18 in the FXDD Standard account, which is 80% higher than the industry standard of $10. The cheapest account on FXDD is the Premium account with an average cost per trade of $7.98 which is 20.2% cheaper than the industry standard of $10. All the other trading features will not vary and depends on the account type you wish to trade with. The FXDD Professional account is exclusively designed for traders under the regulation of the MFSA (Malta Financial Services Authority) who classify as Professional Clients. The FXDD Premium account supports the MT4, MT5 and FXDD proprietary trading platforms. The minimum deposit to open a FXDD Premium account is $200 with no differences between the FXDD entities.
As a broker that has been around for close to 18 years, FXDD has built up a noteworthy reputation through its provision of superior service. Unfortunately, all analytical information and the above services are also offered in English language only.Pay attention to the FXDD review. This broker may not accept clients from your country, Please verify their terms of service. Access to this broker may be restricted in your region. Arincen may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers. Arincen and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
- The maximum deposit limits are usually defined for each payment method and is stated above.
- Low spreads & fast order execution
- Malta applies stringent EU regulations when it comes to protection of deposits in the case of a broker’s liquidation – in the region of 95% of the first €20,000 held in the trading account.
- The FXDD Premium account charges spreads from 0 pips on Forex and a $5.98/lot per round-turn commission, which is 14.6% lower than the industry standard of $7/lot round-turn commission.
- FXDD review found that the broker is very competent and provides traders with the necessary tools to enhance their trading performance.
- Virtual Private Servers that is free of charge to traders who maintain a minimum balance of US Dollar along with trading a minimum of 5 lots per month.
Low spreads & fast order execution Many trading instrument supported It is more convenient and faster to find brokers and complain Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. Filippo Ucchino started his trading career in Forex trading in 2005. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
Is FXCM regulated?
Upon opening the FXDD demo account you can start with a virtual balance of up to $100,000. Yes, FXDD provides the option to experiment with a demo account for any available account type at no cost. To open a demo account you need to provide FXDD with a username, an email address, and a telephone number. Keep in mind that bonus and promotionals offers may apply only under the regulation of the FSC (Financial Services Commission) in Mauritius, the LFSA (Labuan Financial Services Authority) and in Peru. If the account balance can’t cover the fee, then it will be taken from the withdrawal amount.
FX Dealer Direct is a revolutionary provider of forex trading technologies for individuals and institutional traders. As the majority of Forex brokers, FXCC also offers to use leverage, a powerful tool to increase the potential of gains through its possibility to multiple initial accounts balance. FXDD offers the same two account types but differentiates between the regulated entity, with the FSC subsidiary presenting the most flexible trading conditions.
Are withdrawals secure and fast on FXDD?
- These include licensing, deposits and withdrawals, number of assets etc.
- It offers a no-commission policy on its Standard Account, with available price improvements on limit orders.
- FX Dealer Direct is a revolutionary provider of forex trading technologies for individuals and institutional traders.
Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Regrettably, FXDD does not provide much information about deposit and withdrawal methods. Then, once the client sure about his expertise the registration of the live account follows easily and quickly.
How does FXDD protect clients’ money?
The trading conditions, minimum deposit requirements and trade sizes are the same for all types of accounts. FXDD is an online trading brokerage that offers standard and ECN accounts. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. This is equivalent to 0.01 standard lots and signifies that you can start trading with a minimum trade size of $1,000 in cash value.
The FXDD Standard account supports the MT4, MT5 and FXDD proprietary trading platforms. The FXDD Standard account charges spreads from 1.8 pips on Forex, which is 80% higher than the industry standard of 1 pip. The minimum deposit to open a FXDD Standard account is $200 with no differences between the FXDD entities. The FXDD demo account functions similarly to a live FXDD account, allowing users to trade and invest across more than 110 assets without financial risk. FXDD provides a variety of account types to suit the needs of any trader.
FXDD’s primary revenue streams include spreads across all accounts, starting from 0.3 pips, alongside a round-turn commission of $5.98 per lot on Premium accounts, or from 1.8 pips on Standard accounts. The FXDD Standard account charges spreads starting from 1.8 pips with no trading volume commissions on 1 lot of the EUR/USD Forex pair. The FXDD Premium account charges spreads starting from 0 pips with $5.98/lot round-turn commissions (14.6% cheaper than the industry standard commission of 7%) on 1 lot of the EUR/USD Forex pair. The FXDD Premium account charges spreads from 0 pips on Forex and a $5.98/lot per round-turn commission, which is 14.6% lower than the industry standard of $7/lot round-turn commission.
Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty. This may impact how, where and which companies / services we review and write about. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. FXDD was established in 2002 and is celebrating over 15 years of trading excellence in the highly competitive FX arena. We’ve summarised all of the different types of instruments supplied by FXDD below, along with comparisons to the instruments offered by IG and XTB. FXDD provides over ten different trading instruments, covering over currency pairings.
FXDD Review 2025
I have filled the official form for withdraw from my account on FXDD Malta but they are denying it. In addition, some websites are showing the https://forex-review.net/fxdd/ services and credit card brands which customers cannot actually use at “FXDD Trading”, as if they were available. Moreover, the market analysis prepared by the in-house experts delivers daily insights into the global markets. Click the following link if you want to see the Forex broker FXDD review.
How good is FXDD Customer Service?
All deposits in local currencies such as PEN (Peruvian sol) and BRL (Brazilian real) are converted via current exchange rates. The selection of available account base currency may slightly vary depending on your area and the account type selected. This approach secures funds in the event of broker insolvency or bankruptcy. FXDD is compliant with ESMA regulations, owing to its MFSA licence, and can offer passport services to all EU and EEA countries.
This broker currently offers a variety of trading accounts and accepts clients from 180 countries. The fee is $30, $40 or $85 if the customer doesn't maintain a minimum deposit of $2,500 and he trades a minimum of five, seven or ten standard lots in the previous month. The standard account offers low spreads and no commissions, while the ECN delivers ultra-low, direct raw spreads but it has commissions.
All redeemed funds will be returned the way the money was received. It provides real-time information, reporting options and a full list of order types. The evolution of MT4 offers advanced graphical charting tools, strategy testers and more pending orders solutions.
In 2014, FXDD sold all US retail forex accounts to FXCM. FXDD is a forex broker that provides services for retail and institutional clients. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. On FXDD you can trade over 110 CFD (Contract For Difference) assets in different markets such as Forex, metals, energies, indices, stocks, and cryptocurrencies. Since FXDD is not a publicly traded entity, detailed insights into its revenue mechanisms and financial details remain private.
He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. Each platform features a comprehensive set of indicators, charting tools, and analytical functions to assist traders in making informed decisions based on technical analysis and fundamental analysis. FXDD adjusts dividends based on traders’ positions (long or buy) and accordingly credits or debits the trader. The minimum lot size available to trade through FXDD is 1 micro lot.
No, FXDD doesn’t offer any bonus or promotional offer to its traders. Any subsequent withdrawals from any of the client’s accounts within the same month will incur a charge of $40 per withdrawal. The minimum deposit amount does not change between the FXDD entities. FXDD may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. These provide insurance compensation of up to €20,000 in the EU if the broker is unable to fulfil its financial obligations. FXDD ensures the protection of client funds through the use of segregated bank accounts.