FXDD is a Malta established financial services company that delivers vast of investment opportunities to the retail, corporate and institutional clients. The ECN based technology provides a client with low spreads and no commissions, while the raw spreads and quotes received directly from the liquidity providers with ultra-low latency.
The company operated already 15 years in the business, while serving over 350 thousand accounts with 7.3 trillion transacted volume. The available trading markets include execution of orders over Stocks, Commodities, Indices as well as Cryptocurrencies with Bitcoin, Ethereum, Litecoin and Ripple are now presented also.
The informative guides and the introduction into the trading for those who require so, the company enabled to start trading in the right direction by the educational support and materials. Moreover, the market analysis prepared by the in-house experts delivers daily insights into the global markets. The customer support always remains on hand and put their experience to work with their clients closely.
Licenses, Regulations & Security of funds:
FXDD Malta Limited as a part of the EU company complies with the law requirements in terms of the financial service companies and holds an Investment Service Category 3 License, which is regulated by the Malta Financial Services Authority (MFSA). In addition, the company is enabled to provide services within EEA zone and registered with the partner EU authorities, alike FCA (UK).
Overall, the registration provides the compliance and safety management to the clients’ assets, while the security brought by the range is set by the authority rules.
Trading Platforms & Tools:
The platform FXDD choice offering loved by many manual or automated traders worldwide MetaTrader with the possibility to open either Standard or ECN account. Furthermore, the offered platform not only a standard feature but is an enhanced by the broker edition that optimized the system to the best possible shape with an instant orders ‘fill or kill” execution. Available leverage allows to trade with increased level-up to 1:30, yet the professional traders may be entitled to a higher leverage of 1:100. While the platform itself designed for use through Windows, Mac, Web, iOS, Android devices. Also, the traders who wish to use the upgraded, next-generation version can mainstay at the MetaTrader5 which brings the advanced feature to many traders.
In addition, the company offers to enhance the MT4 with VPS service that protects the platform from trailing stops, brings efficiency to run multiple strategies non-stop with lowered latency. The service provided for free to those who maintain a minimum deposit of 2,500$ and trades at least 5 standard lots per month, otherwise, the trader will be charged a fee of 30$, 40$ or 85$ (according to the VPS package level).
Another platform featured by the FXDD is the proprietary trading software with a web-based interface for easy access at any time and anywhere. The platform is a specialized feature for experienced traders with robust charting package and presents only ECN pricing model. The Traders can access to trade Forex, Stocks, Indices and Commodities with the full support of auto trading though Expert Advisors.
Furthermore, there is also a possibility to engage in automated trading through the designed third-party system ZuluTrade. This platform allows choosing different strategies developed by the experienced traders, while various metrics will be used to build an advanced and tailored automated portfolio. The platform is compatible with any operating system. What is more interesting, the software allows different modes of trading, means the trader can use fully automated mode, or manual one and even to combine both and reach the best possible result.
Account Types and Trading Costs:
The company FXDD decided to offer two different types of the pricing models, thus the account types, while the Standard and ECN are available in MT4 account and proprietary platform enables ECN trading technology only.
Standard pricing delivers low spreads with no commissions while there is no compromise on the high company standards of execution and service delivery.
The ECN account delivers direct raw spreads with no markup, just a commission cost per trade. The commission is typically 0.0299$ per 1,000 traded for major currencies, while other instruments are charged a bit higher – 0.0499$.
Also, the Demo account of both types available immediately to the new company clients. Then, once the client sure about his expertise the registration of the live account follows easily and quickly.
The variety of methods to deposit or withdraw funds are delivered by the most convenient and safe payment methods. Moreover, the company does not charge any fees for making the deposit, as well as the trader, can withdraw the funds at any suitable time. All transactions are requested by the customer portal, while the options include Credit/ Debit Cards through SafeCHarge, Smart2Pay, as well as UnionPay, Neteller, Skrill and Wire Bank transfers. The company covers first withdrawal per month, any further redemptions may result in additional 40$ truncation fee, while the minimum amount or redemption is 100$.
The FXDD Review is about the European based company that delivers investment opportunities to the client globally, with the support of different accounts, trading styles, tools and features. The level of the customer support along with the highest operational standards allows FXDD clients to invest smartly and leads to potential success. The traders of any style can enjoy the best suitable platform along with the enlarged offering of trading conditions at the conflict-free environment with STP technology.
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