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Risk Warning: Your capital is at risk. Statistically, 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

2.5
/ 5

FXDD review

Updated on Nov 2, 2024
|
3 mins read

Overview

The FXDD (FX Dealer Direct) is a pretty popular Forex broker whose headquarters is located in the heart of the financial district of New York. It should be...
See full overview for FXDD
Countries
+41
Minimum deposit
$250
Withdrawal fee
$0
Deposit fee
$0
Max insured
€20,000
Our Verdict
2.5
/ 5
Commissions & Fees
1.5
/ 5
Deposit & Withdrawal
2.7
/ 5
Customer Support
3.3
/ 5
Account Opening
2.2
/ 5
Regulation & Safety
3
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Wide range of trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader.

  • Flexible and beginner friendly account types.

  • Negative balance protection.

  • Multilingual customer support.

Cons

  • Minimum deposits with FXDD can be quite higher than other brokers.

  • Accounts dormant for a long time may be charged inactivity fees.

  • No U.S clients.

General details

Type of accounts
Demo accounts (with a time limit)
Standard Accounts
ECN accounts
Segregated accounts
Trading platforms
METATRADER 4
METATRADER 5
Execution Model
NDD
ECN
Deposit currency
USD
EUR
JPY
GBP
Regulatory complience
MFSA
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Arabic
Vietnamese
Spanish
Italian
Chinese
Korean
German
Portuguese
Russian
Turkish
French
Japanese
Autotrading
Zulutrade
Contact details
[email protected] (+356) 2013-3585

Customer reviews

Read real reviews from traders all over the world:

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Accounts

FXDD offers Standard and Mini Accounts.

Tradable instruments

FXDD provides a wide range of instruments, primarily focusing on Forex, CFDs (including indices, commodities, and stocks), and cryptocurrencies.x

Commodities
15
Currencies
60
Cryptocurrencies
10
Stocks
100

Frequently asked questions

Find the right answer to your question below:

Is FXDD a good broker?

FXDD is a trusted broker with more than 20 years of experience in the financial industry. It is regulated by several authorities, including the FSC and MFSA. FXDD provides a wide variety of trading options, including CFDs, cryptocurrencies, forex, stocks, and other assets.

What are the trading hours for FXDD?

FXDD operates during standard trading hours, which typically run from Sunday 5 pm to Friday 5 pm (EST). However, trading hours may vary by instrument on a monthly basis, and any updates are posted in the latest news section on the broker’s website.

FXDD compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
FXDD
  • Wide range of trading platforms
  • Multilingual support
  • Negative balance protection
  • 2.5
    / 5
  • 2.7
    / 5
  • $250
  • 1:50
  • 1.5
    / 5
  • $0
  • $0
  • 3
    / 5
  • MFSA
  • Yes
  • See review
RoboForex
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 4.9
    / 5
  • 5
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • 1%
  • $0
  • 4.9
    / 5
  • No
  • Yes
  • See review
Exness
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 4.9
    / 5
  • 4.9
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • $0
  • $0
  • 4.6
    / 5
  • FCA, CYSEC
  • No
  • See review
FxPro
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
  • 4.8
    / 5
  • 4.9
    / 5
  • $100
  • 1:10000
  • 4.7
    / 5
  • $0
  • $0
  • 4.8
    / 5
  • FCA
  • Yes
  • See review
IC Markets
  • Specialized trading accounts
  • Tight Spreads
  • Low commissions
  • 4.3
    / 5
  • 4.5
    / 5
  • $200
  • 1:500
  • 4.3
    / 5
  • $0
  • $0
  • 4
    / 5
  • ASIC, CySEC
  • Yes
  • See review
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