FXDD review and Rating
Name: FXDD review
Description: FXDD founded in 2002 in Floriana, Malta and part of US-based Nukkleus Inc. FXDD and IronFX are owned by the same company Nukkleus Inc., and the merger made them stable financially. It is licensed and regulated by the MFSA (Malta Financial Services Authority).
- Support - 70% 70%
- Platform - 80% 80%
- Insights - 70% 70%
- Leverage - 60% 60%
- Commission - 30% 30%
Summary
FXDD offers the MetaTrader, MTXtreme, MT Mobile, Mirror Trader, and Swordfish trading platforms. Furthermore, FXDD.com offers over 30 currency pairs, gold, silver, and oil for your investment and trading options. They are the commission-based ECN account. There is a round-turn commission of $5.98 per 100K traded. EUR/USD is the most significant pairs, and it has low prevailing spreads for this pair. FXDD is the recipient of several awards, including “Most Trusted Forex Broker Europe” 2012 and “Best New Platform Europe” 2012 by “Global Banking & Finance Review”. Read FXDD review, rating, and detailed information for their services below.
User Review
( vote)Pros
- Regulated
- Segregated client funds
- Negative balance protection
- Investor Compensation Scheme
- Commission free accounts
- Trading central
- Free VPS
Cons
- No US clients
- Restricted leverage for EU clients
- No fixed spread accounts
- Limited deposit / withdrawal options
FXDD was an early pioneer offering third-party trading platforms, including the MetaTrader platform. They claim to have over 400,000 accounts opened, 350+ million orders processed and 8+ trillion on transaction volume. Their history has enabled them to establish an abundance of knowledge to offer a personalised trading service that utilises powerful technologies.
FXDD offers two of the most popular trading platforms, which are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MetaTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). They also offer their proprietary WebTrader platform.
| Company | FXDD, FXDD Bermuda Limited |
| Founded in | 2002 |
| Offices in | Malta |
| Payment options | ClickandBuy, Credit/debit cards, Skrill, Wire transfer |
| Demo platforms | MetaTrader 4 (Limited with 90 days), Currenex Viking (Limited with 90 days), MirrorTrader (Limited with 90 days), ZuluTrade (Limited with 90 days), JForex (Limited with 90 days), Swordfish (Limited with 90 days), FXDD Trader (Limited with 90 days) |
| Account currencies | United States dollar |
| Regulated by | FSA (Malta), IS/48817 |
| Website available in | Arabic, Chinese, English, French, German, Japanese, Portuguese, Russian, Spanish, Turkish, Vietnamese |
| Support available in | Arabic, Chinese, English, French, German, Japanese, Portuguese, Russian, Spanish, Turkish, Vietnamese |
| Support methods | Email, Live Chat, Phone |
| Trading server time zone | EST |
- Free education
- PAMM accounts
- Managed accounts
Account Types
Mini Account
- Trailing stop
- Pending orders
- One-Cancels-Other (OCO) orders
- One-click trading
- Mobile trading
- Browser-based platform
- Trading via API
- Automated trading
Standard Account
- Trailing stop
- Pending orders
- One-Cancels-Other (OCO) orders
- One-click trading
- Mobile trading
- Browser-based platform
- Trading via API
- Automated trading
FXDD Trading Account
- Trailing stop
- Pending orders
- One-Cancels-Other (OCO) orders
- One-click trading
- Browser-based platform
- Trading via API
- Automated trading