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 https://forex-review.net/fxdd/ 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.
Is FXDD a good broker?
Malta provides greater capital protection and Mauritius offers higher leverage limits. FXDD is regulated by both the MFSA based in Malta and the FSC of Mauritius. Investors' money is secured by the MFSA for up to €20,000. The broker doesn't accept US customers, and it’s only regulated in Malta.
Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. FXDD AutoChartist scans the charts to find chart patterns and possible trade setups. This broker currently accepts clients from 180 countries.
The next step saw us evaluate and rank each company, relying on the hard work of 15 Arincen employees. These include licensing, deposits and withdrawals, number of assets etc. FXDD offers a zero-slippage guarantee and no partial fills on order execution.
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.
- 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 provides a variety of account types to suit the needs of any trader.
- Before you choose to trade with FXDD, it’s important to understand their pricing structure.
- FXDD provides only CFDs (Contract For Difference) trading that entails a rollover fee on overnight positions, which are not favourable for long-term investment strategies.
The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods. Unfortunately, all of them are written in the English language, what can serve a serious problem for Russian-speaking traders. The data and prices on the website are not necessarily accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Never invest money you cannot afford to lose, and carefully assess the suitability of complex products such as CFDs and derivatives in light of your financial situation. Bahaa Khateeb is currently the CEO of Arincen, a start-up Fintech company based in Haifa.
- FXDD permits fractional lot trading and OCO orders.
- The broker’s activities and services are regulated by such major international regulators as NFA, CFTC, MFSA and MiFID.
- FXDD accepts deposits in USD, EUR, GBP, JPY , CHF and BTC.
- It offers advanced studies and tools for the experienced trader.
- Regrettably, FXDD does not provide much information about deposit and withdrawal methods.
What are the FXDD market analysis tools?
The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker's quality. To avoid dividend adjustments close the eligible trading positions before 5PM EST one day before ex-dividend date. The FXDD maximum leverage may slightly differ also depending on the regulatory framework of your country and the FXDD entity you are trading with. Some assets are unavailable for trading, depending on the FXDD entity. A considerable part of FXDD’s income is derived from B-book execution, where FXDD profits from the counterparty position in losing trades and incurs losses in winning trades.
FXDD Review: is it a good broker for 2025?
The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. If you have any questions, please consult an independent financial or tax advisor. You may lose part or all of your initial investment; do not invest money that you cannot afford. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. FX trading is of high risk and may not be suitable for all investors.
Available assets
FXDD offers CFD (Contract For Difference) trading on Forex (Foreign Exchange) pairs, metals, energies, indices, stocks, and cryptocurrencies. FXDD (FXDirectDealer) is an online brokerage firm founded in 2002 in New York by its sister company Tradition. A dedicated and responsive customer support service can be called an important advantage of the brokerage company FXDD, which assists customers in 13 languages in 24/7 mode. MetaTrader 4, Viking Trader, and MetaTrader 4 Web version are offered as trading platforms. The system automatically mirrors trades executed by the strategies of your choice in your FXDD account. Joint accounts must be supported by a customer agreement form signed by the individuals who are party to the account.
Account types
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.
Offers Demo Account
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.
Is FXCM regulated?
The FXDD minimum deposit is $200 for both Standard and Premium accounts. The FXDD Premium account features spreads from 0 pips (0.2 pips on average for the EUR/USD Forex pair) and a $5.98/lot round-turn commission. FXDD charges spreads from 0 pips, a $5.98/lot round-turn commission and fast execution speeds, it caters well to various trading strategies.
Filippo Ucchino created InvestinGoal, an Introducing Broker company offering digital consulting and personalized digital assistance services for traders and investors. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. FXDD generates revenue through spreads, trading volume commission, overnight fees, currency conversion fees and additional premium services. All account types at FXDD offer similarities in trading platforms, the variety of assets available for trading, and the conditions under which trading occurs. The FXDD Premium account is available for any client and is built with raw spreads with an attached trading volume commission.
FXDD has an optimized version of MT4 where the trader can operate multiple assets. There is a fee of $30 for inactivity after 90 days with no trades executions. The company opened an offshore company in Malta called FXDD Malta in 2010. However, It doesn’t offer services to US customers. Founded in New York in 2002, FXDD opened an offshore company in Malta in 2010.
The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader. On the Standard Pricing Account, no commission fees are charged, but a relatively low commission fee of US Dollar 3 is charged on the ECN Account. Before you choose to trade with FXDD, it’s important to understand their pricing structure. The broker doesn’t accept US customers, and it’s only regulated in Malta.