FXDD Review
FXDD Trading Features
- Islamic (swap-free) accounts available
- No requotes
- Allows automated trading (Expert Advisors)
- Winner of international awards
- Leverage up to 500:1
- Spreads starting from 1.5 pips
- Allows scalping and hedging
- More than 80 currency pairs, plus metals and oil
- Expert Advisors supported
- Client funds held at leading US and international banks — client deposits are kept at Bank of America, one of the largest banks in the world.
- Deposit and withdrawal methods: Visa/Mastercard, bank wire transfers, e-wallets, and Cash U
- Exclusive bonus programs
- Strong educational and market-news resources
- MetaTrader 4 platform
- Excellent customer support, with Arabic-speaking support available 5 days a week
About FXDD
FXDD has offered clients a competitive range of trading options since it was founded in 2002. The broker currently accepts clients from 180 countries and provides a variety of trading accounts. For how it compares with other brokers, see our guide to the best forex brokers.
FXDD is regulated by the Financial Services Commission of Mauritius and the Malta Financial Services Authority. Traders can choose between these two jurisdictions when opening their forex accounts: Malta offers greater capital protection, while Mauritius offers higher leverage limits.
FXDD is a low-cost broker and does not require a starting balance or a high minimum deposit on its standard accounts. Spreads on currency pairs are competitive, with no sudden price gaps and no partial fills when orders are executed. The standard account carries a zero-commission policy, with price improvement available on take-profit and stop-loss orders.
Licensing
The company’s head office sits in the heart of the Wall Street financial district, at 7 World Trade Center in New York City — the world’s leading financial capital.
FXDD is one of the oldest and largest global firms operating in financial trading. The parent company was founded in the United States in 2002, headquartered in the heart of New York’s financial district at 7 World Trade Center. It gained membership with US regulatory bodies in 2008, then expanded further by opening its EU-affiliated branch in 2010, and has continued expanding worldwide ever since, wherever its clients are located.
The company holds an FCA license with reference number 524754, and FXDD Malta Limited holds a Category 3 Investment Services license, regulated by the Malta Financial Services Authority (MFSA) at Notabile Road, Attard, BKR3000, Malta, MFSA IS/48817.
* Cross-border services within the EU/EEA are approved under European passporting rights.
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Disclaimer: This article is for educational purposes only and is not investment advice. Trading forex and CFDs carries a high level of risk and can result in losses that exceed your deposit; most retail investor accounts lose money when trading CFDs. Leverage can work against you as well as for you. Make sure you understand the risks involved and, if needed, seek independent financial advice before trading. Easy Trade may earn a commission if you open an account through the links on this page — this does not affect the price you pay or the objectivity of this review.