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fxdd

General Basic Information about FXDD

Reviewed broker: FXDD

Established in 2002

Company: FXdirectdealer LLC USA, FXDD Malta Ltd.

Location: Malta

Regulation: FXDD Europe licensed by Malta Financial Services Authority (MFSA), ID# C48817

Note: The broker voluntarily withdrew its introducing broker (IB) license from NFA (USA) in 2015 and moved its client base to FXCM

USA traders: not allowed

ECN: yes

Why Trade Forex With FXDD Broker

FXDD offers innovative software features

  • FXDD's platforms are unique compared to other forex brokers
  • Improves and updates the existing features
  • Enterprise-level back office and risk management technology
  • Vast range of trading tools to fit any type of strategies use

Educational Materials from FXDD broker

  • Comprehensive Forex Education on the broker's website with various levels of difficulty
  • Daily interactive training classes lectured by experienced traders
  • Professional research, news, and commentary from ForexLive
  • Dynamic web-based trading calculators and indicators

FXDD Trading Platforms Features and Account Types

Currency pairs: 23

Maximum leverage: up to 1:400

Demo account: yes

Security of clients funds: Segregated accounts

Scalping: allowed

Hedging: allowed

Trading Platform: Currenex, Metatrader 4, Jforex (Dukascopy trading platform), Mirror trader, Tradency (automated trading solution by RoboX)

Details of FXDD WebTrader

  • No download required
  • The interface can be fully customized to your style
  • Advanced Charting capabilities
  • Advanced Quote Panel
  • Position based trading system
  • 1-Click Trading 
  • Accessible from anywhere with an internet connection

MetaTrader 4 Forex Trading Software Platform 

One of the best forex industry platform since 2003, Metatrader 4 has earned its reputation among traders with outstanding features and advanced environment.

FXDD MT4 Features

  • Fast and secure execution with competitive spreads
  • Fully supports any Expert Advisor (EA)
  • Featuring emerging market currency pairs
  • Continuously updated proprietary bridge
  • Instant orders with "Fill or Kill" execution

MirrorTrader Automated Forex Trading Software Platform

Mirror Trader is your portal to trading strategies developed by experienced Forex traders. The system automatically mirrors trades executed by the strategies of your choice in your FXDD account.

Spread types: floating, fixed

Floating spreads start from 1.5 pips

Fixed spreads start from 0.1 plus $3 per lot

Maximum leverage up to 1:400

Account types: mini, standard, ECN (min deposit of $2,000) 

Advantages of Standard account with FXDD

  • Guaranteed 0 slippage**
  • Fill-or-kill execution with no partial fills
  • No commissions
  • Price improvements available on limit orders
  • Spreads as low as
    • EUR/USD 1.5
    • GBP/USD 2.5
    • USD/JPY 2
    • AUD/USD 2

Advantages of ECN account with FXDD

  • No markups and small commissions
  • Market execution with over 99% fill rate
  • Industry-low commissions per side
  • Price improvements available on limit orders
  • No partial fills
  • Spreads as low as
    • EUR/USD 0.1
    • GBP/USD 0.5
    • USD/JPY 0.2
    • AUD/USD 0.7

Commissions charged by FXDD

FXDD's raw ECN pricing charges $2.99 commission per standard lot, per side. 

Available payment options for Deposits and Withdrawal

Minimum deposit requirement: $1

Payment methods: credit cards, wire transfer, skrill, neteller, safecharge cashier

Trading signals: yes

Automated trading: yes

Expert advisors: yes

Real-time charts: yes

API trading: available

VPS services: available

FXDD Customer Service

  • Professional client support for all accounts 
  • Personal one-on-one tutorial for platform navigation and use
  • Provides service in 13 languages
  • Around the clock service during market days.

Customer support is reachable via phone and email 

Questions Answers about FXDD broker

Does FXDD have Demo Trading Account?

Yes, the broker offers free demo account for practice trading. A demo account is good for 90 days, beginning the first day of sign-up. On the 90th day, your account will become inactive. If you require additional time before opening a live account, you may register for more than one demo account.

What types of Live Trading Account does FXDD have?

FXDD offers 2 types of accounts  - standard and ECN. Difference is mainly in spreads.

Are the spreads, rollover rates, charts and feeds the same for a mini, micro, and standard account?

Yes. Fxdd offers the same spreads, rollover rates, charts and feeds whether you are trading on a micro, mini, or standard account in one of our retail trading platforms.

Does FXDD offer micro lot trading?

Yes. FXDD offers micro lot trading across all platforms offered.

What currencies can I deposit?

FXDD only accepts deposits in USD. 

Does FXDD offer 400:1 leverage on any account?

FXDD does offer 400:1 leverage. 400:1 leverage is available based on meeting certain terms and conditions.

Are deposited funds held in segregated accounts?

Who provides the signals presented in the "Live Signals" section?

The signals are provided by all the strategy providers available in the Mirror Trader.

Which chart types are available in the Mirror Trader?

The Mirror Trader offers 3 chart types: Candlestick, Line and OHLC. The default chart is Candlestick. 

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