FX Central Clearing Vs FXDD

How FX Central Clearing and FXDD Compare in 2024

FX Central Clearing or FXDD who is better?

Compare FX CENTRAL CLEARING Versus FXDD and IC Markets broker accounts.


Compare FX Central Clearing Vs FXDD Side by Side

So you are looking for a broker, FX Central Clearing or FXDD who should you choose?

When trading on financial markets you will want to know all about who FX Central Clearing or FXDD are, and how they compare. You will naturally want to know how long FX Central Clearing and FXDD have been in business and what reputation FX Central Clearing and FXDD have. On top of this, you will need to discover if FX Central Clearing and FXDD match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how FX Central Clearing and FXDD compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of FX Central Clearing and FXDD side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing FX Central Clearing and FXDD. By comprehensively comparing FX Central Clearing and FXDD features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with FX Central Clearing, FXDD or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on FX Central Clearing and FXDD. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the FX Central Clearing platform or FXDD that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


FX Central Clearing

(3/5)
Benefits of FX Central Clearing?
  • Established in 2010
  • FX Central Clearing have been in business for 14 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • FX Central Clearing Min deposit $100
FX Central Clearing screenshot FXCC sign up here
Your capital is at risk
Reputation Support
Good
Good

FX Central Clearing Regulation

FX Central Clearing is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

Excluded Countries

US

FX Central Clearing Fees

Deposit fee No
Commission 0.4- 0.75 pip a side
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade 50 Lot
Min deposit $100
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
1-5 business days

Withdrawal processing time
1 business day

FX Central Clearing Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

FX Central Clearing Platforms

MT4, Tablet & Mobile apps

FX Central Clearing Languages

English

See FX Central Clearing
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies

FX Central Clearing Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the FX Central Clearing website. Our records were last updated on .

Visit FX Central Clearing today
Your capital is at risk

FXDD

(2/5)
Benefits of FXDD?
  • Established in 2002
  • FXDD have been in business for 22 years.
  • Head quarters in United States.
  • Live Chat
  • FXDD Min deposit $1
FXDD screenshot FXDD sign up here
Losses can exceed deposits
Reputation Support
Average
Good

FXDD Regulation

FXDD is regulated by the Malta Financial Services Authority (MFSA).

Excluded Countries

US

FXDD Fees

Deposit fee
Commission No
Inactivity fee
Withdrawal fee No
Min trade 01 Lot
Max trade None
Min deposit $1
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
2 business days

Withdrawal processing time
5 to 10 business days
See all FXDD
funding options here
Losses can exceed deposits

FXDD Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

FXDD Platforms

MT4, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

FXDD Languages

See FXDD
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See FXDD
instruments here
Losses can exceed deposits

FXDD Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the FXDD website. Our records were last updated on .

Visit FXDD today
Losses can exceed deposits

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

FX Central Clearing Vs FXDD Table of Contents

FX Central Clearing and FXDD in Detail

FX Central Clearing Review Screenshot

The FX Central Clearing online trading platform gives traders from all over the world access to over 100 financial instruments including over 100 available instruments. There are over 10,000+ registered customers that have taken advantage of the FX Central Clearing platform.

FX Central Clearing are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

FX Central Clearing Review Screenshot

FXDD is a renowned United States financial trading brokerage established in 2002.

FXDD serves customers globally and are regulated by Malta Financial Services Authority (MFSA). Depending on the country you are trading from FX Central Clearing may serve you from a different business entity to comply with its financial regulators.

FXDD is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. FX Central Clearing is not listed as a PLC.

Benefits of FX Central Clearing and FXDD Compared

Below, we will give you a summary of the benefits FX Central Clearing and FXDD offer side by side.

FX Central Clearing offers a minimum deposit of 100 while FXDD have a 1 minimum deposit.

Why smaller trading deposits are good and how FX Central Clearing and FXDD compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either FX Central Clearing or FXDD. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. FX Central Clearing requires a minimum deposit of 100, whereas FXDD mandates a minimum deposit of 1. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's FX Central Clearing or FXDD, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

FX Central Clearing allows traders to trade up to 100 financial instruments while FXDD have around 100 on their trading platform.

The more instruments available on FX Central Clearing and FXDD trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FX Central Clearing or FXDD.

The FX Central Clearing trading platform has 0 stocks listed while FXDD has 10 stocks listed.

FX Central Clearing allows retail traders to trade the following assets Forex on the FX Central Clearing MT4, Tablet & Mobile apps trading platforms.

Alternatively FXDD allows retail traders to trade Forex, Social Trading on the FXDD MT4, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps trading platforms.

Compare FX Central Clearing and FXDD in more detail below.

Drawbacks of FX Central Clearing and FXDD Compared

Below we compare what drawbacks FX Central Clearing and FXDD have side by side.

Various potential downsides can be associated with certain brokers, including FX Central Clearing and FXDD. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by FX Central Clearing compared to FXDD. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of FX Central Clearing versus FXDD.

Broker FXCC FXDD IC Markets
Inactivity Fees No No
Withdrawl Fees No No No
Withdrawal Processing Time 1 business day 5 to 10 business days Varies
Min Deposit 100 1 200
Social Trading No Yes Yes
Excluded Countries US US US, IR, CA, NZ, JP

FX Central Clearing Vs FXDD Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with FX Central Clearing or FXDD. A diversified portfolio with FX Central Clearing or FXDD can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like FX Central Clearing or FXDD, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as FX Central Clearing and FXDD.

Broker FXCC FXDD IC Markets
Instruments Available 100 100 2250
Offers share dealing No No Yes
Number of Shares 0 10 2,100
Offers US Stocks No No Yes
Offers UK Stocks No No Yes
Offers German Stocks No No Yes
Offers Japanese Stocks No No Yes
Offers Indices Trading Yes No Yes
Number of Commodities 0 0 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities No No Yes
Offers Agricultural Commodities No No Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 30 15 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes
Offers Exotic Forex Pairs Yes Yes
Offers CFD Trading Yes
Offers Social Trading No Yes Yes

FX Central Clearing Vs FXDD Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both FX Central Clearing and FXDD, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both FX Central Clearing and FXDD offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with FX Central Clearing or FXDD is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with FX Central Clearing or FXDD could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on FX Central Clearing, FXDD, and all brokers are subject to regulation.

We compare FX Central Clearing vs FXDD Crypto options below side by side.

Broker FXCC FXDD IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No No Yes
Cryptocurrencies Offered BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

FX Central Clearing Vs FXDD Commission and Fees

knowing your trading and commission fees with FX Central Clearing vs FXDD is extremely important. For the majority of the FX Central Clearing 100 financial instruments and FXDD 100 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with FX Central Clearing and FXDD. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with FX Central Clearing and FXDD before you invest because you must know what you are paying.

You ideally want to choose a broker like FX Central Clearing or FXDD that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with FX Central Clearing or FXDD. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential FX Central Clearing and FXDD fees, of course. Make sure you do your research and check the commission and fees with both FX Central Clearing and FXDD before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with FX Central Clearing or FXDD be aware of or 3rd party payment provider fees and currency conversion fees.

FX Central Clearing does not charge inactivity fees, while FXDD does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant FX Central Clearing and FXDD accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your FX Central Clearing or FXDD account, or choose to close it.

Usually, the associated fees for dormant FX Central Clearing or FXDD accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live FX Central Clearing or FXDD trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like FX Central Clearing or FXDD you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay FX Central Clearing or FXDD nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how FX Central Clearing vs FXDD compare side by side for commissions and fees.

Broker FXCC FXDD IC Markets
Min Deposit 100 1 200
Inactivity Fees No No
Withdrawal Fees No No No
Deposit Fees No Varies

FX Central Clearing Vs FXDD Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the FX Central Clearing and FXDD platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an FX Central Clearing or FXDD demo account.

Broker FXCC FXDD IC Markets
Offers MT4 Yes Yes Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

FX Central Clearing Vs FXDD Mobile Trading

Trading on your mobile with FX Central Clearing and FXDD can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and FX Central Clearing and FXDD mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with FX Central Clearing or FXDD. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with FX Central Clearing or FXDD can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with FX Central Clearing or FXDD is essential. Likewise, if you have an android phone, it's crucial to verify if FX Central Clearing or FXDD broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if FX Central Clearing and FXDD have trading apps compatible with your device.

Broker FXCC FXDD IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App No Yes Yes

FX Central Clearing Vs FXDD Trading Account Types Offered

FX Central Clearing Vs FXDD Demo Account

A demo account with FX Central Clearing or FXDD is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an FX Central Clearing and FXDD demo account.

FX Central Clearing Vs FXDD Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if FX Central Clearing or FXDD offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both FX Central Clearing and FXDD do offer Micro accounts.

FX Central Clearing Vs FXDD Standard Account

A standard account is available on FX Central Clearing and FXDD to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both FX Central Clearing and FXDD do offer clients Standard accounts.

FX Central Clearing Vs FXDD MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with FX Central Clearing or FXDD or alternative.

FX Central Clearing does not offer clients MAM accounts, while FXDD does offer clients MAM accounts.

FX Central Clearing Vs FXDD ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with FX Central Clearing or FXDD or alternative.

FX Central Clearing does offer clients ECN accounts, while FXDD does not offer clients ECN accounts.

FX Central Clearing Vs FXDD Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with FX Central Clearing or FXDD or alternative.

Both FX Central Clearing and FXDD do offer clients Islamic accounts.

FX Central Clearing Vs FXDD STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with FX Central Clearing or FXDD or alternative.

FX Central Clearing does offer clients STP accounts, while FXDD does not offer clients STP accounts.

FX Central Clearing Vs FXDD Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

FX Central Clearing does not offer clients Managed accounts, while FXDD does offer clients Managed accounts.

Broker FXCC FXDD IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts Yes Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts Yes Yes Yes
Offers STP Accounts Yes No No
Offers Managed Accounts No Yes No

FX Central Clearing Vs FXDD Withdrawal and Funding Methods

FX Central Clearing and FXDD have multiple deposit and withdrawal options. Funding and withdrawing from your FX Central Clearing and FXDD accounts to your chosen payment method should be straightforward. Lets see how FX Central Clearing and FXDD compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from FX Central Clearing or FXDD.

Broker FXCC FXDD IC Markets
Payment Methods Credit cards, Bank Transfer, Neteller, Skrill, Bank transfer, Cheque, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

FX Central Clearing Vs FXDD Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of FX Central Clearing or FXDD support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the FX Central Clearing and FXDD support is always available when needed. FX Central Clearing and FXDD customer support is not just useful. broker customer support is crucial to your trading success!

FX Central Clearing Vs FXDD Live Chat

Live chat is important for several reasons. When you encounter a problem with FX Central Clearing or FXDD trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

FX Central Clearing do offer livechat support. On the other hand FXDD do not offer livechat support.

FX Central Clearing Vs FXDD Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either FX Central Clearing or FXDD you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the FX Central Clearing or FXDD support team to answer satisfactorily. Email support with FX Central Clearing and FXDD will be needed.

Both FX Central Clearing and FXDD offer email support.

FX Central Clearing Vs FXDD Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either FX Central Clearing or FXDD. We can get straight to the point, saving us time and frustration.

Both FX Central Clearing and FXDD offer phone support.

Lets see how FX Central Clearing and FXDD customer support compare side by side.

Broker FXCC FXDD IC Markets
Offers Live Chat Yes No Yes
Languages English English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected]/ [email protected] [email protected]
Phone =+357 25 870750/ +357 25 025001 (356) 20133933 No

FX Central Clearing Vs FXDD Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether FX Central Clearing and FXDD are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that FX Central Clearing or FXDD have these in place, please be extremely cautious before you proceed with them.

We compare FX Central Clearing Vs FXDD financial regulation and licensing side by side below.

Broker FXCC FXDD IC Markets
FCA Regulation Yes No No
CySEC Regulation Yes No Yes
MiFID Regulation Yes No No
ASIC Regulation No No Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

FX Central Clearing Vs FXDD Risk Management Features

When trading with either FX Central Clearing or FXDD you will want to understand and make full use of all the risk management features on your FX Central Clearing or FXDD trading platforms.

We compare side by side the trading risk management features offered by FX Central Clearing and FXDD below.

FX Central Clearing Vs FXDD Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

FX Central Clearing does offer clients hedging, while FXDD does offer clients hedging.

FX Central Clearing Vs FXDD Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both FX Central Clearing and FXDD do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on FX Central Clearing or FXDD. You must still monitor any live trades and your financial exposure and financial risk.

FX Central Clearing Vs FXDD Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both FX Central Clearing and FXDD do offer clients limit orders.

FX Central Clearing Vs FXDD Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

FX Central Clearing does offer clients negative balance protection, while FXDD does not offer clients negative balance protection.

Broker FXCC FXDD IC Markets
Offers Hedging Yes No Yes
Negative Balance Protection Yes No Yes
Guaranteed Stop Loss No No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

FX Central Clearing Vs FXDD Verdict

We hope this FX Central Clearing Vs FXDD guide has helped you decide who is best to trade with out of FX Central Clearing and FXDD.

When choosing a broker like FX Central Clearing or FXDD for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with FX Central Clearing or FXDD are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as FX Central Clearing or FXDD, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with FX Central Clearing or FXDD.

Also, before you sign up with online brokers like FX Central Clearing or FXDD, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with FX Central Clearing or FXDD before investing money into something.

Beware of the risks that come with trading with FX Central Clearing or FXDD. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all FX Central Clearing and FXDD educational resources and financial research tools. If you are new to trading, sign up for a demo account with FX Central Clearing and FXDD to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using FX Central Clearing or FXDD will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if FX Central Clearing and FXDD fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with FX Central Clearing or FXDD if your investment strategy is more long-term.

FX Central Clearing and FXDD Alternatives

If FX Central Clearing and FXDD are not what you are not quite what you are looking for we list some of the best FX Central Clearing and FXDD alternatives below.

Other FX Central Clearing and FXDD Vs Comparisons

If you are still looking for an alternative to FX Central Clearing and FXDD and want to see how FX Central Clearing or FXDD compares Vs other brokers check out the FX Central Clearing Vs and FXDD Vs list below.

FX Central Clearing Vs Alternatives

Still not happy have a look at some of our alternative FX Central Clearing Vs side by side comparisons below

FXDD Vs Alternatives

Still not happy have a look at some of our alternative FX Central Clearing Vs side by side comparisons below

FX Central Clearing Vs FXDD Frequently Asked Questions

We answer some of the most frequently asked FX Central Clearing Vs FXDD questions below.

Is FX Central Clearing any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is FX Central Clearing legit? - FX Central Clearing are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) and have been in business since 2010

Is FXDD any Good?

FXDD are regulated by Malta Financial Services Authority (MFSA) and have been in business since 2002.

Which is better FX Central Clearing or FXDD?

FX Central Clearing and FXDD do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is FX Central Clearing a con?

FX Central Clearing is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) and have been in business since 2010. FX Central Clearing is most definitely not a con as they are regulated by major financial regulators.

Is FXDD a con?

FXDD is regulated by Malta Financial Services Authority (MFSA) and have been in business since 2002. We recommend looking at a FXDD alternative that has more financial regulation.

What happens if FX Central Clearing or FXDD go bust?

FX Central Clearing and FXDD are regulated, which means that as part of their regulatory obligations FX Central Clearing and FXDD have to offer a certain level of financial protection to their clients. FX Central Clearing and FXDD should by law keep client funds separate from FX Central Clearing and FXDD funds. If either FX Central Clearing or FXDD goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the FX Central Clearing and FXDD websites and regulators.

Are FX Central Clearing or FXDD good for beginners?

FX Central Clearing and FXDD offer low deposits and access to a selection of market insights and news resources. Both FX Central Clearing and FXDD offer demo accounts. Demo trading accounts are a big plus for FX Central Clearing and FXDD as it shows they are interested in their customers.


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