Verdict

/ 5

FXDD review

By Dmitry Shalikovsky

Updated on Dec 22, 2024

3 mins read

0 customer reviews

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

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 noted that the activity of the company is regulated by the Malta Financial Services Authority (MFSA). This is rather a reliable and credible regulatory body, which rules and standards fully comply with the provisions of the EU Markets in Financial Instruments Directive (MiFID). The company FXDD strives to offer the most effective solutions and applies breaking-through technologies in arranging the trading process on the Forex market. These innovations are customized especially to assist both individual and institutional Forex traders and make their business more productive and lucrative.

FXDD is the winner of a great number of prestigious awards. This Forex broker became a holder of such titles in the following categories: Most Trusted Forex Broker Europe 2012, Best New Platform 2012, Most Transparent FX Broker 2011, Jordan Forex Awards 2011, etc. Get acquainted with the brokerage company FXDD news and latest achievements in the appropriate section of the Forex portal TopBrokers.com.

The Forex broker FXDD offers high-quality educational materials. Unfortunately, all of them are written in the English language, what can serve a serious problem for Russian-speaking traders. Daily the company FXDD organizes seminars with the reputable and well-known trading experts featuring. And still all of them are held in English. Feel free to open a demo account, in case you wish to gain additional knowledge and test your skills without risking your funds.

A dedicated and responsive customer support service can be called an important advantage of the brokerage company FXDD, which assists customers in 13 languages in 24/7 mode. The consultants tend to solve all issues as quickly and efficiently as possible. The Forex broker FXDD analysis consists of a broad array of practical services (economic event calendar, narrow-focused calculators, etc.), latest news and market reviews. Unfortunately, all analytical information and the above services are also offered in English language only.Pay attention to the FXDD review.

The Forex broker FXDD promotions, bonuses, and contests are not as numerous as traders want them to be. You have a possibility to use the popular currency pairs, indices, CFDs, stocks of the largest corporations, metals, oil and many other trading instruments. Each customer can choose the course of action that seems the most optimal and suits him or her best thanks for such wide range of instruments.

MetaTrader 4, Viking Trader, and MetaTrader 4 Web version are offered as trading platforms. The FXDD develops its own referral program, which may serve as an additional source of income for you. This company is ideally matching the trading accounts managers for it disposes of a set of high-quality trading and administrative software for conducting full-scale trading.

Besides, we can call the following important advantages of the FXDD:

tight spreads;
the guaranteed order execution at the expected price;
the clients deposits are kept in the segregated accounts;
interactive training classes tutored by the master analysts on a daily basis;
the high-quality deals execution without failures.

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. If you wish, you can also leave your testimonial or just share your opinion of the cooperation with the FXDD with the colleagues. You can see FXDD webinars.

Countries

+214

Minimum deposit

$250

Withdrawal fee

Deposit fee

Max insured

€20,000

Our Verdict

2.5

/ 5

See our process of evaluating brokers

Commissions & Fees

1.5

/ 5

Deposit & Withdrawal

2.7

/ 5

Customer Support

3.3

/ 5

Account Opening

2.2

/ 5

Regulation & Safety

/ 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

Currencies

Cryptocurrencies

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.

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