Our FXDD Review
FXDD is not like the other traditional broker. It is an established financial services company in Malta.
The multi asset brokerage firm was established in 2002.ย It is an ECN based broker that offers zero commission and low spreads. They are operating for 19 years and at present serving over three thousand fifty accounts with 7.3 trillion transacted volume.
This broker past year has grown to provide FX, Copy trading, and more.
FXDD Trust and regulation
FXDD is a regulated broker. They maintain 2 single authorization and one group authorization.
The FXDD is founded, owned, and operated by the Triton Capital Markets Ltd. The parent company is regulated by the MFSA (Malta Financial Services Authority) under MFSA IS/48817 registration. The registered office is located at Notabile Road, Attard, Bkr3000, Malta.
EU- as the EU Exit Passport regulation Triton Capital Markets Ltd. is a TP firm under Part 3. It is regulated by the FCA (Financial Conduct Authority). They are regulated here without top-up permission.
And FXDD Mauritius Ltd (Mauritius, Africa based) is licensed and authorized by the FCA, Mauritius (Financial Services Commission).ย The registered license No. is C117017252.
So, overall, FXDD has trustworthy regulation and maintains reliable trading features & environment.
Account types
FXDD offers 2 types of pricing, standard and ECN pricing. Standard pricing offers commission free and low standard spread. Overall, it is suitable for self-directed traders. This pricing provides a guaranty of 0 slippages on entry orders and Fill-or-kill execution.
The ECN pricing offers raw, direct spreads, a small commission, and markup free trading. It has the fastest execution and a 99% fill rate.
FXDD offers 2 jurisdictions account, FXDD Malta EU Regulated entity (MFSA) and FXDD Mauritus regulated by the FSC-Mauritius.
Tough offers uncompetitive accounts but FSC related account provides the better trading opportunity, features, and trading environments. Here are the highlights of both accounts.
FXDD Malta
- IB/MM-CPA program
- Multi asset trading
- Institutional/POP
FXDD Mauritus
- IB/MM Program
- Bonuses
- EA Trading
- Affiliate program
Common things, both accounts work as the Electronic Communications Network and offer Fix API, VPS, White Label, Demo account, Islamic account, Individual account, and corporate account.
Demo account
You can check their service via demo trading. The demo account Is available for both MT4 & MT5 platform. They provide $3000 virtual funds for 90 days of trading. If anyone need more time, the user can get additional time from client support.
Trading leverages
The minimum leverage is 1:2, and the maximum is 1:30 with ESMA regulations.
- Stocks โ 1:5
- Forex โ 1:30
- Indices โ 1:20
- Commodities โ 1:20
Trading platforms you will get
FXDD offers established and updated trading platforms. Users can choose web trader, MT4, and MT5 platforms for trading.
Traders like both platforms, and these are the worldโs famous trading platforms. Both are available to download for IOS, Mac, PC, and Android. Also, the web trader platform is easy to use from any device and web browser.
Both platforms will give you the best trading experience. Get a highlight of both platforms to choose one.
MT4 / MetaTrader4
- You can trade stock commodities, forex, and indices.
- The maximum leverage is 1:300.
- Complete benefits of the Expert Advisors (EAโs).
- This platform offers underlying assets, automated trading, robust tools, and charting.
MT5 / MetaTrader5
It is an advanced graphical tool that an updated version of the previous one. MT5 is multi asset trading platform.
- Better trading tools and charting.
- Built in marketplace and more order types.
- Economic events directly on the chars.
Trading Asset list โ what can you trade?
FXDD offers a comprehensive range of trading assets. You can trade over 67 currency pairs that have an interconnection with micro-financial or economic events and geopolitical.
Completing the limited asset selection are 7 metals, 4 cryptocurrencies, 12 index CFDs, 20 stocks, 21 equity CFDs, and 13 indices. Overall, they offer all trading assets in 5 categories.
Research and education FXDD provide
FXDD offers a range of market analysis and research, including trading central. They provide daily market moving key factors by thematic research and insights. Their lead research strategist Aahan Menon provides cutting-edge market research daily basis. Traders also need market analysis, not only research data; this why FXDD provides daily analysis.
Trading central offers market news, technical insight, analyst view, market research, and more. It is one of the top 3rd party data and research providers.
Trading central cover below things:
- Daily Fundamental analysis
- Daily market news update
- Technical analysis
- Sentiment and Economic analysis
- 24 Hour Global coverage on major 4 languages
- Human and Algorithms
- Daily webcast analysis for current financial markets
Also, FXDD has an economic calendar, multi trader 1-minute data, pricing / swap rate, and glossary.
Deposit and Withdrawal Methods
FXDD doesnโt support much more payment methods like other brokers. But it supports all common payment methods that cover user needs.
They support credit or debit cards and bank wire transactions, and some e-wallet. The payment methods are available SafeCharge, Neteller, UnionPay, Skrill, Wire Bank transfers, ClickandBuy, and Credit / Debit Cards.
The minimum deposit and withdrawal are $100, and it takes up to 24-48 hours for a complete transaction. The broker offers a free withdrawal every calendar month. But it charges $40 for any additional withdraw.
Client support: helpful or not
FXDD provides reliable client support. The website is available in multiple languages, including Arabic, Vietnamese, English, Portuguese, Italiano, Chinese, and Espanol.
They offer 24/5, Sunday 5 PM to Friday 4:55 PM EST. The support is available through the website contact form, phone, live chat support, call back option, email, and fax.
You can contact them:
Phone:
- (+356) 2013 3933 – Support
- (+356) 2013 3939 – Trading
Email:
- [email protected]
- [email protected]
- [email protected] (Trading Inquiries)
Company Address: K2, First Floor, Forni Complex Valletta Waterfront Floriana FRN 1913 Malta.