Information about FXDD
FXDD was established in 2002 and is registered in Malta. According to Whois, its domain was created on May 22, 2002. The company offers a wide range of trading instruments: Forex, Metals, Stocks, Indices, Energy, and Cryptocurrencies.
Pros & Cons
Pros:
- Wide range of trading products.
- Free deposits/withdrawals for most methods.
- Supports MT4 and MT5 platforms.
- Demo account available.
Cons:
- Suspicious duplicate license status.
- No 24/7 customer support.
- Multiple negative user reviews.
Trading Products
- Supported: Forex, Metals, Stocks, Indices, Energy, Cryptocurrencies
- Not Supported: Derivatives, Futures, Options
Account Types
- Standard
- ECN
- Demo Account: For trial experience
Fees & Costs
- No trading commission fees
- Inactivity fees:
+ $40: under 1 year
+ $50: 1–2 years
+ $60: 2–3 years
+ $70: over 3 years
Trading Platforms
- MT4 WebTrader: Web, Mobile
- MT5 WebTrader: Web, Mobile
- FXDD Mobile: iOS & Android app
Deposits & Withdrawals
- Methods: Visa, UnionPay, Neteller, Skrill, Bank Wire, TMI Trust Company
- Minimum deposit: $100
- Fees: Mostly free
Conclusion
FXDD is a long-established broker offering diverse trading instruments and popular platforms like MT4 and MT5. However, its “suspicious duplicate” license status and several negative client reviews raise concerns about its reliability. Investors should exercise caution, keep track of the latest updates, and only trade with an amount they can afford to risk.
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