About FXDD Company

The company was founded in Malta, is engaged in support of traders in the financial market offers a variety of programs for investments, working with both private and professional or institutional clients. The company works by the principle, the client receives narrow spreads without any commissions. Partners of FXDD are big banks, the client receives prices directly from liquidity providers.

The size of the client base exceeds 300,000 active trading accounts, the company has been in this direction for 15 years and offers to work in the stock markets, indices also here you can buy and sell cryptocurrencies, commodities and raw materials.

The pros and cons of this broker

FXDD is a licensed broker that operates under the supervision of the authorities, thus the dangers are minimal. This firm will have a lot of trading tools and a good selection of platforms, which will be a big bonus.

The absence of training resources and big spreads on the minimum accounts are disadvantages.

Is it feasible to trade safely with this broker, or is it a rip-off?

This broker is administered by the business FXDD MALTA LTD, and it operates in accordance with all European Union financial sector standards. The Financial Services Authority of Malta regulates the license granted at registration of the third category.

The company can now operate within the European Union thanks to these legislation and permission.

The company is also registered in Mauritius, so the registration there harmoniously complements the European registration and allows customers from other countries to receive additional benefits.

Variant of opening a trading account

You are offered two account types, standard and ECN, both of which work seamlessly with MetaTrader’s trading platforms: MT4 and MT5.

Do not forget about the service of a demo account, it allows you to master, test your strategy, just to understand how interesting you are in the field of exchange activity.

Fund Deposit and Withdrawal

Of course, the company is always happy to use the classic option of depositing by card or bank transfer, but also available payment methods Unionpay, Neteller, Skrill.

The company provides the minimum deposit amount to start trading capital is $ 100, which is significantly lower than market rates.

Platforms for trading

FXDD , like many other brokerage companies prefer not to waste resources on creating their own platform, and use the product of the world leader MetaTrader company, offers a classic MT4 and an updated version of MT5.

These platforms are available in both classic Windows and Mac desktop versions or as mobile applications.

There is an option to use a virtual server for automated trading, which helps expand the range of your strategies. The service is free for clients who maintain a balance level of $200,000 and second, you must show a trading volume of at least 5 lots per month. If you do not have a high volume of trades but would like to use the VPS, you can pay from $30 to $85 per month.

Customer service

The company constantly publishes market report, analytics and also offers educational services for clients. The support team is experienced enough to help you with any question.

Conclusion

FXDD is a regulated and licensed broker with registration in 2 jurisdictions, Malta and Mauritius. The platforms the company offers are quite reliable, they are MT4 and MT5 from the manufacturer MetaTrader.  Spreads are small by the company, due to the work on the technology STP. In general, it is possible to recommend this broker for work both to beginners, and to traders with great experience.