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FXDD-Overview Guide of This Broker

WikiFX | 2024-11-28 16:20

Abstract:FXDD, a trading name of FXDD GLOBAL, is an online trading broker established in Malta in 2002. FXDD is regulated by the Malta Financial Services Authority (MSFA, suspicious clone) (License No. C48817). The broker provides access to various financial instruments, including currencies, commodities, metals, and indices, through multiple trading platforms.

Note: FXDD's official website: https://www.fxddtrading.com/bm/en is currently inaccessible normally.

FXDDReview Summary
Founded2002
Registered Country/RegionMalta
RegulationSuspicious Clone
Market InstrumentsForex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies
Account TypeStandard accounts and ECN accounts
Demo Account✔
LeverageUp to 1:100
Spread1.8 pips
Trading PlatformMT4, MT5, WebTrader and FXDD Mobile
Min Deposit$100
Payment MethodsVisa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company
Customer SupportPhone: +1 (212) 720-7200
Email: support@fxddtrading.com
Address: 525 Washington Blvdjersey City, NJ 07310

FXDD Information

FXDD, founded in 2002, is a brokerage registered in Malta. The trading instruments it provides cover Forex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies. The Whois website shows that the registration date of this dealer is 2002-05-22.

FXDD Information

Pros and Cons

Pros Cons
Offers diverse market instrumentsSuspicious clone
No deposit or withdrawal fees for most methodsSome negative reviews from clients
MT4 and MT5 supportedNo 24/7 customer support
Demo account available

Is FXDD Legit?

FXDD is regulated by Malta. It has 2 types of licenses - MFSA License, NFA License. But the current status of these licenses is suspicious clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
MaltaMFSATRITON CAPITAL MARKETS LTDMarket Making(MM)C48817Suspicious Clone
Unites StatesNFAFXDIRECTDEALER LLCCommon Financial Service License0397435Suspicious Clone
Is FXDD Legit?
Is FXDD Legit?

What Can I Trade on FXDD?

FXDD offers traders the opportunity to trade Forex, Metals, Stocks, Energies, Indices, Cryptocurrencies.

Tradable Instruments Supported
Metals✔
Forex✔
Cryptocurrencies✔
Indices✔
Energies✔
Stocks✔
Derivatives❌
Futures❌
Options❌

Account Types

FXDD offers 2 different types of accounts to traders - Standard accounts and ECN accounts. It also provides an Demo Account.

FXDD Fees

FXDD charges no commissions. But it charges an inactivity fee.

The amount of the fee depends on how long the account has been inactive, $40 for accounts inactive for less than 1year, $50 for accounts inactive for 1-2 years, $60 for accounts inactive for 2-3 years, and $70 for accounts inactive for over 3 years.

Trading Platform

FXDD's trading platform is MT4 Margin WebTrader, MT5 Margin WebTrader and an app - FXDD Mobile, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTrader✔Web, Mobile
MT5✔Web, Mobile
FXDD Mobile✔Mobile

Deposit and Withdrawal

FXDD provides numerous means of deposit and withdrawal choices, consisting of Visa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company. Most deposits and withdrawals do not incur any fees. The minimum deposit is $100.

LeverageBrokerCommissionCurrency PairDealerForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex marketStock commoditiesindicesMT4MT5WebTrader

Related broker

Unverified
FXDD
Company name:FXDD GLOBAL
Score
2.42
Website:https://www.fxddtrading.com/bm/en
5-10 years | Suspicious Regulatory License | MT5 Full License | Suspicious Overrun
Score
2.42

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