FXDD Broker Review

 

To understand whether FXDD is suitable for you or not, I recommend to pay attention to these 3 things: reputation, trading conditions, and regulation.

is FXDD scam

For how long the company is in the market?

  • FXDD is in the market since 2002.

What are the main advantages here?

  • FXDD has an MT4 platform for MAC OS.

Did you find any reasons not to work with this broker?

  • We did not find any reason not to open an account to test this company.

Does FXDD have swap-free (Islamic) accounts?

  • Yes, FXDD is suitable for Arabic traders.

What is the minimum deposit amount?

  • It is possible to start trading at $100.

What this broker regulated?

  • Yes, FXDD is regulated by NFA, CFTC, MFSA and MiFID.

Anything special about spreads and margin leverage?

  • Costs and fees are about the average.

FXDD Features

Minimum deposit $1
Cent account
ECN account
Typical spread 1.9
Avg rebate per lot $2.39
Quote accuracy 5
Execution type ME
Max leverage 1:500
Trading platform MT4, MT5
Est since 2010
Regulation MFSA
Pamm accounts
VPS service
Mobile Trading
EAs/Robots
Minimum trade size 0.01
Islamic account

Open Account

Trading CFDs carries a high degree of risk. It is possible to lose all your capital.

Youtube Review

Suspicious reviews that we found

“Off quotes” all the time. Some pending orders do not execute when they have to and can not be deleted.*

*The review was found on ForexPeaceArmy. Meanwhile, we have no tools to check if this review is real and if the issue is resolved or not.

8 COMMENTS

  1. I have a mini account with FXDD Bermuda Limited broker and have been traded with last two years. I am really happy for their service which they provided to me. As also like their market chart and market analysis.

  2. I opened an account with FXDD, and I really appreciated their attitude towards me.I like the fact that FXDD has no commission. They have solid reputation in the market, and also have a wide range of trading platforms to choose from, like Currenex and MT4. I deposited via Skrill $280 in my account, it processed very fast , and in a few days I was already trading.Their competitive spreads brings me good profits. So far, just good things to say.

  3. Demo account works perfectly and support is very polite at the beginning. After you start working with real money – you wouldn’t find any problems.

  4. I’ve been trading with this broker for 2 years and so far there is no problem that I’ve face until now. This broker is a reliable broker because base on my experience, their services is good for me. Their validation account is fast within 1 day my trading account can be used to trade which is I can trade normally after I’m deposit the initial deposit with them. Don’t worry about deposit and withdrawal since the process is fast because within 1 hour only the transaction process occur for deposit and withdrawal.

  5. These people at FXDD are thieves! They have closed my trades out siting “margin requirements” when there was no problem with the equity in the account. Thus, FXDD has decided to not let me request a withdrawal. I have attempted to withdraw my money several times over the last week. In the beginning, they replied that withdrawal will be processed shortly. However, nothing happened, and I sent an email to ask about the status. But, this email went unanswered.

  6. FXDD is a big scam in forex world, so don’t join trading with this broker. 2 years ago, I started to trade with FXDD, and I was scammed lots of money at this broker. In the beginning, I traded on demo with small deposit – 50$, and I won 70% of trade with 35$. However, FXDD becomes a cheater when I go live with them. In last month, this broker reverses my wining trade to lose that makes me lose my money when I earned huge profit with 800$!!!!

  7. I just joined FXDD because of their new feature. I love it. I use technical analysis almost exclusively and this program is perfect for me. I opened my account in 2004 and I haven’t left since. They are reliable and straight forward.

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