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FXDD Review

FXDD (FXDirectDealer LLC) is a large online trading services company established in 2003 in the United States. Fxdd provides its products and services in compliance with the requirements of NFA (US) and FSA Malta.

fxdd broker offers its services to either individual private trades or institutional investors. FXDD is a broker working with ECN technology, so the company does not influence clients’ trades in any manner, just provides access to the interbank liquidity network of over sixty largest banks throughout the world.

Nowadays fxdd forex broker provides twenty various currency crosses to trade on several available platforms: metatrader 4, MTX, Mirror Trader, Power Trader, Viking, JForex, and Swordfish. The links to download the platforms are can be found at the broker’s website.

These platforms are compared and explained on the site. Most of the platforms are fully customizable.  Besides, demo accounts that do not require real money deposits are available on each of the platforms. It is recommended that you take some time to run a demo test of the platforms before you start trading with real money. The minimum deposit is 250 dollars the spreads is fixed – 1.3 pips.

Trading tools offered by FXDD include charting, web-based forex calculators and indicators, news and commentary by ForexLive, and more.

Novice traders will as well find some special learning tools at FXDD.  FXDD arranges live forex trading seminars around the US during the year.  The schedule can be found on the website, and the fees are quite affordable. Daily interactive training sessions are delivered by forex experts.

Customer service at FXDD is timely and competent.  It is possible to use Live Chat button on the site, at that being able to select a preferred language out of an offered array.

In short, FXDD is a proper choice for those who look for a non-dealing desk broker with reasonable spreads, a number of trading platform options and a decent customer service.

FXDD is headquartered in Malta and employs a crew of almost 200 forex professionals fluent in 13 languages. FXDD offers its services to retail and institutional traders, hedge funds, white labels, and IBs.

To write a fxdd review or to vote for fxdd rating you need to register and login to the site. Besides, you can find out if one or another forex broker is a scam or has problems with withdrawal etc.

 

FXDD — Forex Boker information

FXDD
Status No status
Broker type Broker, ECN
Traders reviews 2 Reviews
Foundation 2002
Regulation NFA
License NFA
Languages English, Spanish, Chinese, Japanese, Arabic, Vietnamese, German, Portuguese, Russian, French, Turkish
Support phone (+356) 2013-3933
Address K2, First Floor, Forni Complex, Valletta Waterfront, Floriana, FRN 1913, Malta
Offices in Malta
Headquartered in Malta

Forex Trading information

Accepts US traders Yes
Trading conditions Min. deposit: $250
Leverage: 500:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 1.3
Trading platforms MetaTrader 4, FXDD Trader, PowerTrader
Other trading instruments Metals
Leverage 500:1
Pip spread on majors 1.3
Minimum position size 0.01
Digits after the dot in quotes 4
Spread Type Fixed
Min. spread 500
Margin call level, % 40
Stop-out level, % 10
Minimum distance to stop/limit orders, pips 4
Guaranteed stop loss No
Guaranteed limit orders No
VPS for traders No
Rebates per 1 standard lot, $
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone No
Automated trading Yes
One-click trading No
Hedging Yes
Scalping Yes
Swaps No
Pending orders Yes

Forex Account information

Payment methods PayPal, Wire Transfer
Account currencies EUR, USD, GBP, JPY, CHF
Mini account, $ 250
Standard account, $ 2500
ECN account, $
PAMM No
Institutional accounts No
1st deposit bonus No
Commissions No
Demo account Yes
Bonuses, Promotions No
Forex contests, competitions No
Free education No
Daily analysis No
Expert advisors Yes
Trading Signals Yes
Partnership programs No
Affiliate program Yes
Trust management No
Personal manager Yes
Managed accounts No
Segregated accounts No
Interest charges on the balance No
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Write a Review about FXDD

2 reviews on FXDD

  1. I’m an FXDD customer. My FXDD Account Number: 733. I’m wrintg about about my wthdrawal requests that they did not send my money(Total $1007 and There is $821 remaining on my forex account). I sent first request on 11 Dec 2015 ($482) They have started the operation by taking the money from my account on 14 Dec 2015. They still did not send the money to my bank account or credit card. I’ve called them 5-7 times, sent 8-10 mails. They always said “tomorrow you will see it on your account” But still they did not sent my money. I sent second request on 22 Dec 2015 ($525) They have started the operation by taking the money from my account on 23 Dec 2015. I’ve called agin and they said “You will have the money tomorrow(24 Dec 2015). It is ok” But they also did not send thiss money. My $1007 wtihdrawal request and $821 remaining balance will not be sent to me I think. Regards.

  2. I’ve had a negative experience of trading with FXDD. They claim to be a ecn broker, not interfering with customer’s trades, but this is not true. They affect the trading orders somehow to their own advantage. And even if you trade to get some profit, you’ll have to spend ages to withdraw the money.

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