FXDD review
FXDD is a Multi-Assets Trading Platform with over 100+ Assets
FXDD is a multi asset platform with 100+ tradable Assets. Assets available on FXDD include Forex, Social Trading.
FXDD trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, Social Trading are considered financial assets.
Features of FXDD
- Virtual Portfolio, or what is commonly known as a Demo Account
- API Trading
- Social Trading available
- Copy Trading available
- StopLoss
- Trailing Stops
- TakeProfit Orders
- FXDD offers Advanced Financial Chart comparison tools
- FXDD offers Research-backed analysis on financial markets and investments from top analysts
- The FXDD platform is available to use on multiple devices including Windows PC, iOS devices like iPhones and iPads, Android devices and online through a Web Browser.
- FXDD offers a trading platform with tools for both New Traders and Seasoned Experts
- FXDD users benefit from using the FXDD platform in over 1 different languages
FXDD review
What you should know
FXDD offer two ways to trade: Forex, Social Trading. The assets and products available to you on the FXDD trading platform depends on the region of the world, you are in and the FXDD entity you have an account.
With FXDD you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with FXDD platform.
FXDD are able to accommodate various levels of traders whether you are experienced or a beginner.
Are FXDD safe?
When considering FXDD for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FXDD, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2002, and in operation for 22 years FXDD have a head office in United States.
FXDD is regulated. This means FXDD are supervised by and is checked for conduct by the Malta Financial Services Authority (MFSA) regulatory bodies.
FXDD withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FXDD are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. FXDD are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FXDD and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FXDD has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, FXDD will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like FXDD, you can enjoy peace of mind and focus on your trading activities. If FXDD violate any regulatory rules their regulated status could be stripped.
Losses can exceed deposits
Is my money safe with FXDD?
All payments made to FXDD by traders are securely held in a segregated bank account.
FXDD uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should FXDD use them?
FXDD partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FXDD clients' funds.
FXDD clients can have greater confidence in their financial security when working with a Tier 1 bank because FXDD are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in FXDD deposited in a Tier 1 bank?
Depositing funds with FXDD ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FXDD were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that FXDD is a secure and safe platform.
Please be aware that trading in financial assets with FXDD carries a risk of loss. FXDD trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
FXDD emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about FXDD, let's closely examine its features.
To better understand the FXDD trading platform, you can create two separate accounts - one with real money and the other a FXDD demo account. A FXDD demo account provides a risk-free environment for experimenting with the FXDD platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FXDD trading decisions.
Open a demo account Visit FXDD
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How FXDD as a Company Compare Against Other Brokers
Broker | FXDD | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2002 | 2007 | 2009 | 2007 |
Head Office | United States | Australia | Belize | Cyprus, UK |
Regulation | Malta Financial Services Authority (MFSA) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 450,000+ FXDD users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit FXDD | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
FXDD review
FXDD Pros and Cons
FXDD review
FXDD Regulation and Licensing in more detail
FXDD is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of FXDD going into insolvency. FXDD compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like FXDD to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for FXDD traders.
FXDD is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like FXDD you should be sure they're legitimate online agent.
Is FXDD Global?
Yes, FXDD is global as FXDD is available in over 194 countries.
FXDD is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries FXDD covers include the UK, Germany, South Africa, Thailand, China and Australia. FXDD has a total of more than 450,000 users.
FXDD review
FXDD Awards
FXDD have won numerious industry awards over the 22 years they have been operating as a financial broker. We have listed the most notable awards and mentions for FXDD below.
- Best Customer Service Broker - Dubai Forex Expo - 2023
- Best FX Provider MENA - Forex Ratings - 2023
- Most Transparent Broker - Europe - Forex Ratings - 2023
FXDD review
FXDD Fees Explained
- FXDD doesn't charge withdrawal fees.
- FXDD does charge a fee for inactive accounts.
- FXDD doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FXDD are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
FXDD Costs To Check
Modern brokers like FXDD provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FXDD may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FXDD trading profitability.
How FXDD Fees Compare Against Other Brokers
Broker | FXDD | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 200 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | No | Yes | No | Yes |
FXDD Minimum Deposit
FXDD requires a minimum deposit of 200 GBP/USD/EUR when opening an FXDD trading account.
A minimum deposit is the minimum amount of money required by FXDD to open a new online brokerage account with them.
Don't be scared off by brokers like FXDD charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like FXDD, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
FXDD Withdrawal Fees
FXDD doesn't charge withdrawal fees.
FXDD Withdrawal rules may vary across different brokers when it comes to transferring funds from your FXDD or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FXDD may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the FXDD withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FXDD. Researching and comparing FXDD withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FXDD funds frequently or dealing with large sums of money. Awareness of these FXDD fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FXDD funds.
For example, FXDD allows you to withdraw your funds to Neteller, StickPay, Bitcoin, Tether, MasterCard, China Union Pay, Skrill, Bank Transfer, Credit Cards, Debit Cards, MasterCard, VISA.
FXDD Inactivity Fees
FXDD does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FXDD terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all FXDD fees and services. It's recommended that you check the FXDD website before signing up. If you decide to close your FXDD account, it's important to do so with the FXDD broker customer support and obtain confirmation that no remaining FXDD fees are due.
Brokers like FXDD must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
FXDD Deposit Fees
FXDD does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
FXDD Commission Fees
FXDD does not charge commission on CFD instruments.
Brokerage firms like FXDD may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FXDD trading account level held by the trader.
FXDD may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FXDD terms and conditions to understand the commission fees and any other charges that may apply is essential.
FXDD review
What can you trade with FXDD?
It's essential to note that the trading instruments offered under the FXDD brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FXDD trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with FXDD over 100 instruments in fact.
If you want to trade currency pairs on global Forex markets, FXDD offer over 15 currency pairs.
FXDD Compared To Other Brokers
Compare FXDD with IC Markets and Roboforex below.
How FXDD Trading Options Compare Against Other Brokers
Broker | FXDD | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 100 | 2250 | 12000 | 6000 |
Platforms | MT4, MT5, iOS (App Store), Android (Google Play), Web, WebTrader, FXDD Mobile | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 15 | 61 | 35 | 50 |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | Yes | Yes | Yes | |
Exotic Forex pairs | Yes | Yes | Yes | |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | No | Yes | No | Yes |
Agricultural | No | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 10 | 2100 | 0 | 2042 |
UK Shares | No | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit FXDD
Losses can exceed deposits |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
FXDD review
Trading on FXDD web platforms and other applications
FXDD is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
FXDD also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See FXDD's platformsIs the FXDD Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the FXDD trading platform to protect you on PC and mobile FXDD platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXDD web trading platforms.
FXDD Trading Platform Options
After logging into your FXDD account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
FXDD does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options FXDD gives you.
FXDD review
FXDD MetaTrader 4 (MT4)
FXDD MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FXDD offers traders comprehensive features and tools to enhance their trading performance. The FXDD MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXDD platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXDD traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXDD traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXDD trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FXDD MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FXDD, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FXDD MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FXDD allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with FXDD in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FXDD MetaTrader 4 is compatible with the latest macOS. FXDD allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on FXDD
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade FXDD MetaTrader 4 on iOS Devices
You can download the FXDD app or trade with FXDD through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FXDD customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade FXDD MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and FXDD offers its clients access to the MetaTrader 4 platform on these devices. With the FXDD MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FXDD traders to stay on top of their trades and react quickly to changes in the market. With the FXDD MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade FXDD MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on FXDD are a powerful bundle of three major indicators designed to help traders make informed decisions. FXDD MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help FXDD traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FXDD traders to potentially stay one step ahead.
FXDD MetaTrader 4 Advanced Trading Tools
The FXDD MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXDD traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXDD provides traders with everything they need to succeed. The FXDD MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FXDD traders to analyze the market at any level of complexity.
Trade FXDD MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
FXDD MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the FXDD platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for FXDD MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, FXDD traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FXDD users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FXDD traders can navigate the platform and find the information they need to make informed trading decisions.
FXDD Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FXDD traders of all experience levels.
FXDD review
FXDD MetaTrader 5 (MT5)
FXDD MetaTrader 5 (MT5) In Detail
FXDD MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, FXDD MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on FXDD provides the convenience of using automated trading systems and copy trading, giving FXDD traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade FXDD MetaTrader 5 WebTrader
Access your FXDD MetaTrader 5 accounts from any web browser. MT5 on FXDD features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
FXDD review
FXDD MT5 Buying and Selling
FXDD MetaTrader 5 on iOS Devices
FXDD MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. FXDD MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
FXDD MetaTrader 5 on Android Devices
The FXDD MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the FXDD trading server. Take the time to understand all of the FXDD Android MetaTrader 5 features. With FXDD MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
FXDD Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- FXDD Financial instrument quotes
- View in-depth price charts of financial instruments with FXDD MetaTrader
- Manage trades and open positions on FXDD MT4 & MT5
- View your FXDD trading history
- View market news
- MetaTrader internal messaging on FXDD
- View and research market statics of FXDD financial instruments
- FXDD Position opening and closing
- Lookup symbols in the FXDD MetaTrader quotes section
- Display of deals on FXDD graphs
- FXDD Timeframe selection for graphs and charts
- Additional vertical scaling of FXDD graphs
- Capability to transfer FXDD accounts to other devices using QR codes
- Information is available only if it's supplied by FXDD
- Access the OTP generator through FaceID or fingerprint with FXDD
FXDD MetaTrader 5 Advanced Trading Tools
FXDD MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- FXDD MT5 Depth of market bids and asks
- Financial Price Data on FXDD
- Margin Calculation, Futures, Forex on FXDD
- Advanced Techincal Analysis on FXDD MT5
- One click trading on FXDD MT5
- FXDD Spreads
- FXDD Futures
- FXDD Trading Reports
FXDD Trading benefits
- FXDD Allows scalping
- FXDD Low min deposit
- FXDD Offers Negative Balance Protection
FXDD Trading Accounts Offered
Below we give an overview of the account types that FXDD offer. Whatever you are looking to trade, the varying FXDD account types will be able to provide you with what you need.
- FXDD Demo account
- Micro account
- FXDD Mini account
- FXDD Standard account
- FXDD ECN account
- FXDD Managed account
- FXDD Islamic account
Can I try FXDD?
FXDD provides a demo account that enables individuals to explore trading before investing their funds. By creating a FXDD practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FXDD demo account can help individuals to make informed decisions before investing their money.
Open a demo FXDD account to practice and trade.
Losses can exceed deposits
FXDD withdrawal and funding methods
It's essential to remember that the payment methods provided by FXDD vary based on the FXDD entity and the FXDD client's country of residence. To view the FXDD payment options available, you can log into your FXDD member's area.
FXDD offers various funding payment methods listed in your FXDD dashboard if available in your region. To learn more about the FXDD funding and withdrawal options available in your area, you can explore the FXDD website.
FXDD provides several payment methods for funding your FXDD account. You may utilize any of these deposit options if they are available in your region. FXDD ensures that users have multiple payment methods to choose from, making it more convenient for verified FXDD account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FXDD user's location. learn more about FXDD funding and withdrawal methods.FXDD Payment Methods
Some FXDD payment methods are local and are available only to specific regions. FXDD account holders should check which payment methods are provided in your region.- FXDD accepts Neteller
- FXDD accepts StickPay
- FXDD accepts Bitcoin
- FXDD accepts Tether
- FXDD accepts MasterCard
- FXDD accepts China Union Pay
- FXDD accepts Skrill
- FXDD accepts Bank Transfer
- FXDD accepts Credit Cards
- FXDD accepts Debit Cards
- FXDD accepts MasterCard
- FXDD accepts VISA
Broker | FXDD | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available FXDD and other broker payment methods depend on the clients country of residence.
How can I start trading with FXDD?
To open a trading account with FXDD, individuals can sign up on the FXDD website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for FXDD account validation and making a deposit. Once completed, FXDD users can download the trading platform of their choice.
It's important to note that FXDD requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FXDD maintain a trustworthy financial environment for its 450,000 users. Detailed information on the FXDD trading platforms is available on their website.
Losses can exceed deposits
Performing trades with FXDD
When using FXDD, the minimum trade size is typically 01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. By offering ECN execution, FXDD provides traders with tighter spreads and increased transparency regarding trade pricing. It's worth noting that ECN accounts typically come with a commission fee and tend to be favoured by traders who use high-volume strategies, such as scalpers and those utilizing automated trading.
Like other brokers, FXDD margin requirements can differ depending on the traded instrument.
FXDD offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about FXDD, and see all of the FXDD account features on the official FXDD website.
Limiting Your Risk When Trading with FXDD Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like FXDD. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FXDD trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, FXDD trading losses are always limited to the current balance of funds in the trader's account.
Even if an FXDD trader experiences a significant loss, they will never owe more money than what is available in their FXDD account balance.
It's important for FXDD traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that FXDD losses are limited to the funds available in your FXDD account when negative balance protection is in place.
Limit Risk When Trading with FXDD Stop Loss, FXDD Stop Limit Orders
Stop-loss orders are a popular risk management tool traders use on platforms such as FXDD . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.
Stop-loss orders are especially important for FXDD traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an FXDD trader should use a stop-loss order can vary depending on the specific trade and market conditions.
Overall, stop-loss orders can provide FXDD traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with FXDD, you must actively monitor your live trading portfolio and financial exposure on FXDD.
Education Resources at FXDD
FXDD offer educational resources which include Autochartist, Daily FX Analysis, FXDD Blog. Please bear in mind that these resources provided by FXDD do not guarantee any results when trading. When we checked on the FXDD website, these educational resources were not available in every language. Also some financial instruments mentioned in any FXDD educational resources may not be available in your region.
To trade effectively with FXDD, it's important to have a good understanding of the FXDD trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FXDD and externally.
FXDD . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FXDD. Familiarizing yourself with the FXDD trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using FXDD. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FXDD involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like FXDD, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with FXDD. Explore the FXDD platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FXDD, before live trading.
Customer Support at FXDD
As part of our FXDD review, we review customer service options, response times and problem resolution effectiveness on the FXDD trading platform. The FXDD trading platform supports a limited number of languages which includes .
FXDD Available Support Types
FXDD have grade A support rating because FXDD offer over three languages.
Livechat Support at FXDD
FXDD does not offer LiveChat Support.
Email Support at FXDD
After testing, we found that the email support provided by FXDD was excellent, with a fast response time. We received the fastest response in less than 60 minutes, while the slowest response was in 11 hours. It's important to note that response times may vary based on your experience with FXDD, but in our case, we sent 25 emails at varying times.
The support team resolved and answered our queries. Overall, we had a good experience with the email support provided by FXDD.
Phone Support at FXDD
We contacted FXDD via phone, and our call was answered within a reasonable timeframe of 7 minutes.
The FXDD phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively.
Overall, while the phone support experience was satisfactory, there is still room for improvement.
See how FXDD Support Compares Against Other Brokers
Broker | FXDD | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | |
Learn More | Visit FXDD | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with FXDD
As FXDD is regulated by Malta Financial Services Authority (MFSA).
As a new client of FXDD, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FXDD in your region. During the FXDD account opening process, you will be asked to provide FXDD with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with FXDD have the following documents available.
- FXDD require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for FXDD compliance. This must be dated within the last six months.
- If you plan to fund your FXDD account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FXDD platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under FXDD Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FXDD's platform.
However, remember that you won't be able to make trades on FXDD until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FXDD KYC compliance process as soon as possible to avoid any delays in accessing the FXDD platform's features.
It is important to note that FXDD may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FXDD platform and features immediately. However, you must pass the verification process to start live trading with FXDD, which can take up to a few business days.
To start the process of opening an account with FXDD you can visit the FXDD trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.fxdd.com/ on November 18, 2024.
Watch this FXDD Explainer Video
Is FXDD A Good Broker?
We have spent over 5 years examining FXDD in depth. Although we found some very useful aspects of the FXDD platform that would be useful to some traders. We feel that a alternative to FXDD may better suit you.
- FXDD have a good track record of offering Forex, Social Trading.
- FXDD has a history of over 22 years.
- FXDD has a reasonable sized customer support of at least 10.
- FXDD are regulated by the Malta Financial Services Authority (MFSA). FXDD is subject to strict regulatory oversight from its respective jurisdiction, which holds FXDD (the broker) accountable for misconduct. This regulatory framework helps ensure that FXDD operates fairly and transparently and provides FXDD customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and FXDD.
- FXDD have regulation from reputable regulators.
- One of the advantages of using FXDD is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FXDD are particularly important as FXDD traders want to receive their money quickly. With the efficient FXDD payment processing system, traders can enjoy faster access to their FXDD funds.
- FXDD have an international presence in multiple countries. Including local FXDD seminars and training.
- FXDD can hire people from various locations in the world who can better communicate in your local language.
FXDD Risk Disclosure
Losses can exceed deposits
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
FXDD not quite right?
If after reading this FXDD review, FXDD does not fulfill your needs check out these FXDD Alternatives.
Click here to view the best FXDD Alternatives
We have spent years researching the best alternatives to FXDD. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective FXDD alternatives available today. If you are unsatisfied with FXDD or want to explore other options, we recommend checking out our carefully curated list of highly-rated FXDD alternatives. Follow the links below to learn more about these FXDD broker alternatives and choose the one that best suits your trading needs.
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Related FXDD Vs Comparisons
Throughout our comprehensive FXDD review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing FXDD against other popular brokers in the industry, check out our FXDD Vs pages. Our team has compiled a series of detailed FXDD comparison articles, pitting the FXDD platform against some of the best-rated FXDD competitors in the market. Dive into our informative FXDD Vs pages below to find out how FXDD stacks up against other leading brokers.
- FXDD vs ICMarkets
- FXDD vs Roboforex
- FXDD vs eToro
- FXDD vs XTB
- FXDD vs XM
- FXDD vs Pepperstone
- FXDD vs AvaTrade
- FXDD vs FPMarkets
- FXDD vs easyMarkets
- FXDD vs SpreadEx
- FXDD vs FxPro
- FXDD vs AdmiralMarkets
- FXDD vs ThinkMarkets
- FXDD vs FXPrimus
- FXDD vs Trading212
- FXDD vs ForexMart
- FXDD vs Eightcap
- FXDD vs ForTrade
- FXDD vs InteractiveBrokers
- FXDD vs Forex.com
- FXDD vs IG
- FXDD vs Robinhood
- FXDD vs Coinbase
- FXDD vs Binance
- FXDD vs Oanda
- FXDD vs CMCMarkets
- FXDD vs HargreavesLansdown
- FXDD vs Ayondo
FXDD review
FXDD Frequently Asked Questions
Read our detailed FXDD FAQ Section updated for 2025.
Can I try FXDD?
FXDD offer a demo account so you can try the FXDD platform with virtual trading before you put down a payment. Virtual trading with FXDD is zero risk. Learn more here
What funding methods do FXDD accept?
Please note that the list of payment methods below depends on the FXDD Entity and the client's Country of Residence.
FXDD offer the following funding payment methods Neteller, StickPay, Bitcoin, Tether, MasterCard, China Union Pay, Skrill, Bank Transfer, Credit Cards, Debit Cards, MasterCard, VISA, among other payment methods.
Learn more here
Is FXDD safe?
FXDD have over 450,000 users. FXDD are considered reliable as they are regulated by and checked for conduct by the Malta Financial Services Authority (MFSA). Any payments funded to FXDD accounts by traders are held in a segregated bank account. For added security,FXDD use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FXDD is risky, and because the market is so volatile, losses could happen at any time. Do not invest with FXDD unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Losses can exceed deposits
Is FXDD trading good?
FXDD is considered good and reputable to trade with FXDD. FXDD is used by over 450,000 traders and FXDD users. FXDD offers Forex trading, and Social trading. Minimum deposit with FXDD is 200.
Is FXDD trading Legit?
FXDD was founded in United States in 2002. FXDD has been facilitating trade on the financial markets for over 22 years. FXDD offers clients Forex trading, and Social trading. All funds deposited to FXDD are held in segregated bank accounts for security. FXDD is regulated by Malta Financial Services Authority (MFSA) so can be considered legit.
Is FXDD a good broker?
FXDD allows Forex trading, and Social trading. FXDD is overseen by the top tier financial regulators Malta Financial Services Authority (MFSA) so can be considered a good broker.
Is FXDD trustworthy broker?
FXDD is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to FXDD, money is in a segregated bank account that is separate from FXDD company's funds. As a regulated broker, FXDD cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by FXDD. Instead, your FXDD funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with FXDD. Also FXDD is regulated in its local jurisdictions including major financial regulators like Malta Financial Services Authority (MFSA).
What is the minimum deposit for FXDD?
The minimum deposit to trade with FXDD is 200.
How long do FXDD withdrawals take?
Withdrawing money from FXDD processing time varies depending on the method but averages 1-5 days.
Is FXDD regulated?
FXDD is regulated by the Malta Financial Services Authority (MFSA). Regulatory bodies conduct regular reviews and audits as part of FXDD maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is FXDD a market maker?
FXDD is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by FXDD even if no buyer or seller is lined up.
How can I start trading with FXDD?
When opening a trading account with FXDD, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on FXDD trading platforms, you can follow the link provided below: Learn more about signing up with the FXDD trading platform here. This will provide useful information and insights into the various trading platforms offered by FXDD, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with FXDD?
Yes your money is safe with FXDD.
Overall, strict financial regulation is essential for ensuring that trading platforms like FXDD operate fairly, transparently, and responsibly, which ultimately benefits all FXDD stakeholders involved.
Trading platforms like FXDD must have strict financial regulation for several reasons:
- Protecting FXDD Investors: Strict financial regulation ensures that investors who use the FXDD trading platform are protected against fraudulent or unethical behavior by the FXDD platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FXDD platform.
- Maintaining FXDD Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FXDD trading platform. Regulatory procedures reduce the likelihood of the FXDD platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing FXDD Transparency: Regulations require trading platforms like FXDD to maintain detailed records and disclose FXDD client information. Financial regulatory requirements enhances transparency and helps to build trust between the FXDD platform and its investors.
FXDD is regulated by the Malta Financial Services Authority (MFSA). When selecting a broker such as FXDD, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, FXDD ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like FXDD.
Is FXDD a con?
FXDD is regulated and well established, having been in business for over 22 years. FXDD is not a con.
Can you make money with FXDD?
Although traders have had great success with FXDD, trading on the financial markets with FXDD is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does FXDD have fees?
FXDD doesn't charge withdrawal fees. FXDD does charge a fee for inactive accounts. FXDD doesn't charge deposit fees.
When was FXDD founded?
FXDD was founded in 2002.
How many people use FXDD?
FXDD is used by over 450,000 registered FXDD users.
What is FXDD Headquarters country?
FXDD has its head quarters office in United States .
Does FXDD offer negative balance protection?
FXDD offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does FXDD offer guaranteed stop loss?
FXDD does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does FXDD allow scalping?
FXDD offers scalping.
Does FXDD allow hedging?
FXDD does not offer hedging.
Does FXDD offer CFD trading?
FXDD does not offer CFD trading.
Does FXDD offer STP?
FXDD does not offer STP trading.
How many people use FXDD?
FXDD is used by over 450000 FXDD users and traders.
Is FXDD an ECN broker?
FXDD offers ECN trading.
Does FXDD offer a demo account?
FXDD offers a demo account.
Does FXDD offer an Islamic account?
FXDD offers an Islamic account.
What are the funding methods for FXDD?
Please note that funding methods and options available with FXDD can be found in the FXDD Members area and depend on the FXDD client’s country of residence. Please check your specific available payment methods on the FXDD website. FXDD accept the following funding methods : Neteller, StickPay, Bitcoin, Tether, MasterCard, China Union Pay, Skrill, Bank Transfer, Credit Cards, Debit Cards, MasterCard, VISA.