FXDD Review for 2019

FXDD Rated 2/5
FXDD have a low rating. We recommend you look at one of their alternative brokers.
Plus500 matches your criteria. Visit Plus500 now here.

FXDD Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of FXDD we break down the pros and cons. What FXDD are able to offer, what countries FXDD are available in. Who FXDD are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with FXDD

Open FXDD's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to FXDD

With this review we hope to help you see if FXDD is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding FXDD that will help you get off to a good start in the world of online trading.

FXDD what you should know

FXDD offer two ways to trade: Forex, Social Trading.

With FXDD you will need a minimum deposit of $1. 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 choosing a broker like FXDD the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2002, and in operation for 17 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 MFSA regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FXDD, this will be honored. If FXDD violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with FXDD. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit FXDD

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 2002
  • Regulated by MFSA
  • Min. deposit from $1

What we don't like

FXDD General Fees

  • FXDD doesn't charge withdrawal fees
  • FXDD does charge inactivity fees

FXDD Commissions

  • FXDD doesn't charge commission on CFD shares.

What can you trade with FXDD?

You can trade a wide variety of instruments with FXDD over 100 instruments infact.

If you are looking at trading currency pairs FXDD offer over 15 currency pairs.

Compare FXDD with Plus500 and City Index below.

Losses can exceed deposits

FX / Currencies FXDD Plus500 City Index
Forex pairs offered 15 100 100
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs FXDD Plus500 City Index
Commodities offered 17 26
Metals Yes Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs FXDD Plus500 City Index
Stocks offered 10 1816 4500
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
FXDD
Instruments
Plus500
Instruments
City Index
Instruments

Trading on FXDD web platforms and other applications

FXDD offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

FXDD also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See FXDD's platforms

FXDD Trading benefits :

  • Allows scalping
  • Low min deposit

FXDD Trading Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account

Can I try FXDD before I buy?

FXDD offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do FXDD accept?

FXDD offer the below funding payment methods. learn more about FXDD

  • Bank Transfer

How can I start trading with FXDD?

When opening a trading account with FXDD, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FXDD trading platforms here.

Performing trades with FXDD

FXDD allow you to execute a minimum of trade of 01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, FXDD may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Support at FXDD

FXDD support a limited number including

FXDD have a A grade support rating because FXDD offer over three languages and email and phone support.

What you will need to open an account with FXDD

As FXDD is regulated by MFSA, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore FXDD's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with FXDD you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from http://www.fxdd.com/mt/en.html on 12th August 2018.

FXDD not quite right?

Check out these FXDD Alternatives

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If you feel some of the above FXDD are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of FXDD alternatives below.

Related FXDD Comparisons

If you would like to see how FXDD stands up against other brokers you can read some of our FXDD comparisons below. We compare side by side some of our top rated FXDD versus comparisons. Read some indepth FXDD VS pages below.

FXDD Frequently Asked Questions

Can I try FXDD before I buy?

FXDD offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do FXDD accept?

FXDD offer the following funding payment methods Bank Transfers, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

How can I start trading with FXDD?

When opening a trading account with FXDD, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FXDD trading platforms here.

Is my money safe with FXDD?

FXDD is regulated by MFSA. One of the most important criteria for traders when choosing a broker like FXDD is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FXDD, this will be honored. If they violate any regulatory rules their regulated status can be stripped.