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FXDD is an online forex and CFD broker founded in 2002. They offer online trading in a huge selection of financial products, spread across multiple markets, such as forex, cryptocurrency, stocks, indices, metals, energies, and other commodities. The broker provides clients with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, a good selection of educational materials, multiple trading tools with daily market analysis, and a friendly customer service team. FXDD aims to offer good trading conditions with competitive spreads and commissions, excellent execution speeds, and no limitations on trading strategies.
FXDD Platforms & Tools
The broker provides their clients with two of the most popular trading platforms — the MT4 and MT5 platforms. They also have their proprietary WebTrader platform, the FXDD WebTrader. Both MT4 and MT5 are available in web versions, installable desktop applications for Windows and Mac systems, and mobile trading apps for Android and iOS devices. The MetaTrader platforms have intuitive interfaces that make it easy for novice traders to learn with.
FXDD WebTrader has a user-friendly interface and is simple enough for new traders to use. It comes with robust charting and order management tools. The broker also provides additional tools, such as Trading Central, Trading Calculators, FXDD VPS, Economic Calendar, and Customer Portal.
FXDD Research & Education
FXDD has a good selection of educational resources on their website, including trading guides, tutorials, market analysis, and a trading glossary containing a collection of frequently used trading terms and their meanings.
FXDD Trading Accounts
The broker offers standard and ECN accounts, and the minimum deposit is $10. The standard account has marked-up variable spreads with no commissions, but the ECN account has raw variable spreads directly from the liquidity provider and a competitive commission of about $3. Islamic swap-free accounts are available on request.
FXDD Account Funding
FXDD accepts a few account funding and withdrawal methods, including bank wire transfers, MasterCard and Visa cards, Bitcoin, and online payment gateways, such as Neteller and UnionPay. Payment limits, transaction charges, and payment processing time vary with the method used. Accounts can be opened in USD, EUR, GBP, CHF, and BTC.
FXDD Customer Service
The broker has a responsive customer support team that is available during trading hours to assist with any questions. They can be reached via online chat, email, or phone.
The FXDD brokerage brand is operated by two affiliated firms: the FXDD Malta Ltd and FXDD Mauritius Ltd. FXDD Malta Ltd is licensed and regulated by the Malta Financial Services Authority (MFSA) with license number 48817. Since Malta is a part of the EU, FXDD Malta Ltd is authorized to offer their services to all countries in the European Economic Area and is subject to the rules made by the European Securities and Markets Authority (ESMA).
FXDD Mauritius Ltd is authorized and regulated by the Financial Services Commission (FSC) under license number C117017252.
FXDD Review Summary
FXDD is an online trading broker that offer forex and CFD trading in a range of tradable assets. The broker provides flexible trading platforms, account types, a selection of useful tools, and educational resources.
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