The FXDD choice of platforms offering loved by many manual or automated traders worldwide known MetaTrader with the possibility to open either Standard or ECN account. Furthermore, the offered platforms featuring both veteran MetaTrader4 and its newer version MetaTrader5, which not only a standard feature but is enhanced by the broker edition with optimized systems. Standard account pricing delivers low spreads with no commissions while there is no compromise on the high company standards of execution and service delivery.
Is FXDD legitimate?
No, FXDD is not a scam is a regulated broker with low risk trading. FXDD Malta Limited as a part of the EU company that respectively complies with the law requirements in terms of the financial service companies and holds an Investment Service Category 3 License.
This forex brokerage is fully compatible with Android, iOS, and PC devices including all major browsers . You can trade on a choice of flexible trading platforms including the popular MetaTrader 4 and MetaTrader 5 which are free to use on desktop, web and mobile. I am a huge fan of the MetaTrader platforms as I find them very easy to use. I like that they have plenty of trading tools available for in-depth market analysis whilst you can find many free or paid add-ons to further enhance the platforms capabilities. They are excellent for automated trading systems and a no-nonsense approach to online trading of forex and other CFD instruments.
fxdd play in charts and accounts Service use: LiveLength of use: 3
I actually use a third-party VPS and find it to be an invaluable tool. As mentioned earlier, I like to use the MT4 platform to run automated trading systems. However, the MT4 desktop platform needs to be running for them to work.
The EURUSD spread I was offered was around 0.1 pip which allowed me to earn significant revenue while offering my clients super low spreads and ultra fast execution. I just requested my first profit wire of $7000 and it was rec’d without issue in 3 days. This is a first class organization who have not only saved me financially but have put me in a position to thrive. In addition, the company offers to enhance the MT4 with VPS service that protects the platform from trailing stops, brings efficiency to run multiple strategies non-stop with lowered latency. The service provided for free to those who maintain a minimum deposit of 2,500$ and trades at least 5 standard lots per month, otherwise, you will be charged a fee of 30$, 40$ or 85$ .
All retail clients have negative balance protection which means that they cannot lose more than the funds in their trading account. This helps to give extra protection as FXDD will absorb negative balance in extreme market conditions. MetaTrader4 platform is the most dominating trading platform of the financial market.
The range of deposit options includes credit cards, bank wire, China UnionPay, and Neteller. Details of these banking methods are available under the deposit tab on the top right of the screen. Credit card deposits are typically processed within 1 business day, while withdrawals can take between 5 business days and 10 business days. China UnionPay deposits are available between 2 business days and 5 business days, and Neteller takes up to 1 business day to process. It features strategy testing tools and resources, with a wide range of markets. The charting tools and resources are vastly improved on MT5, and clients can enjoy full mobile functionality across multiple browsers.
FXDD uses an array of trading platforms
The Malta Financial Services Authority and the Financial Services Commission in Mauritius provide the regulatory environment for FXDD. FXDD also sources in-depth analytics from TraderMade, which delivers numerous trading ideas daily. The overall research section, especially Trading Central and TraderMade, represents a competitive product.
Investors prefer it due to its flexibility, easy use, and advanced features, making it easy to trade and predict markets globally. The software was introduced in 2005 by MetaQuotes company for the forex market. When traders want to start trading with the broker, they have to go through the process of opening the trading account. FXDD brokers have the option of individual, corporate, and demo accounts.
Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. They only say that the money is sent, and do not provide evidence. I have filled the official form for withdraw from my account on FXDD Malta but they limefx are denying it. Let other traders know if this service is worth checking or should be avoided. Besides services from Trading Central, FXDD employs one analyst who creates quality in-house trading ideas and market commentary.
What Trading Account Types Does FXDD Provide?
There are currently 67+ currency pairs available to clients at FXDD, with a range of metals, energies, stocks, indices and cryptocurrency options as well. FXDD was established in 2002 and is celebrating over 15 years of trading excellence in the highly competitive FX arena. The company is led by a team of experts with decades of collective experience in forex trading, account management, and financial analysis.
FXDD follows standard trading hours typically Sunday 5 pm to Friday 5 pm . Monthly trading hours may change by instrument and are posted on the latest news section of the brokers website. FXDD caters to most international traders, including the UK, Australia, and Indonesia. Like most international brokers, FXDD does not accept traders from the US and Canada. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.
This can help as part of a fundamental analysis and to keep up to date with the latest market happenings. I always follow the market news in order to help with my trade decisions and think it is a vital tool for everyone to use. You must understand that Forex trading, while potentially profitable, can make you forex profit lose your money. The various platforms on FXDD are all loaded with interactive charts and indicators, which traders can use for their technical analysis. If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either.
It, however, should not be a good enough reason not to join the FXDD trade and accept their services. Although this is an inconvenience for many clients, FXDD has so many positive characteristics that redeem for this weakness. Click the following link if you want to see the Forex broker FXDD review. This section of the TopBrokers.com portal contains testimonials from the independent traders who have dealt with the broker.
As the majority of Forex brokers, FXCC also offers to use leverage, a powerful tool to increase the potential of gains through its possibility to multiple initial accounts balance. However, leverage should be used smartly as it increases the power of losses as well. The company operated already 15 years in the business while serving over 350 thousand accounts with 7.3 trillion transacted volume.
Where is Fxdd located?
FXDD is an online foreign exchange introducing broker based in New Jersey.
Educational content for beginner traders is not available, but FXDD offers five trading guides covering currency pairs. While the brief introductions are acceptable, I recommend traders seek information from trusted third parties free of charge for a more comprehensive overall educational sprint dsl approach. Another platform featured by the FXDD is the proprietary trading software with a web-based interface for easy access at any time and anywhere. The platform is a specialized feature for experienced traders with robust charting package and presents only ECN pricing model.
Forex traders can rest assured that this broker is fully licensed and regulated by the Malta Financial Services Authority , as well as the Financial Conduct Authority . Client funds are maintained in segregated accounts to protect against insolvency, claims or bankruptcy. Secure socket layer technology protects traders from unauthorized access of their accounts.
I would compare them to XM Group in terms of pricing and execution. With all trading platforms, the margin call is 20%, and the stop out is 0%. I loose 1,000 usd plus with this theifs called them self’s fx broker…WERE IS FBI U.S.A? Go and catch those theifs in FXDD managers office and jail them for life with supreme court of world justice…
I am sure that they are just waiting for stop hunt, telling me I have to wait. I deposit the money by neteller and it is very surprising that I need to wait so long. B) There is an online blog which features content on a variety of topics. A) An opportunity to meet the in-house forex experts at FXDD Masters Live, a live training event hosted by Greg Michalowski, Chief Currency Strategist on FXDD. Traders can also submit their questions and have them answered on YouTube. C) There are various competitions which are also held periodically.
There are no markups and commissions are small at $2.99 per standard lot, per side. I often compare all other broker price movement with fxdd as a standard comparison.. FXDD’s servers are strong enough and their customer service is very good. But spread is not low enough, so FXDD is not suitable for scalping EAs. FXDD Global initially refused my withdrawal request and withheld my profits, then my account was forced into liquidation.
My friends talked highly about this platform, I like it here it seems trustworthy so I trust this piece of info will spread far and wide to all those who have fallen prey to FXDD & other scam brokers. Now i know why people say don’t judge a book by its cover because i absolutely thought i was trading with a legit company is Stanford Finance Group. It is totally unsafe to trade with this fraudulent company because it it is an offshore broker. Stay away from them, really bad service and high spreads and not execute the orders . All reviews represent only their author’s opinion, which is not necessarily based on the real facts. The working and operations of the broker make it a legit broker and not a scam.
FXDD allows Expert Advisors Trading and Automated forex trading on the Metatrader4 platform, Zulutrade, Currensee and Mirror trader platforms. FXDD.com provides MetaTrader 4 software which is the best Forex trading platform according to reviews. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide investment advice, offer or make solicitation of any investment products.