Forex market is full of different brokers with their individual pros and cons. However, when it comes to the proper selection of a reliable and intuitive software type, there`s one specific website that can direct to the right way. FXDD Forex broker is a broker that cares for you. Which helps you to create up your mind and your selection in an exceedingly best suited means with a big bunch of helpful tips! Read our careful FXDD review and verify additional info concerning this cool platform right away!
Founded in 2002 and part of US-based Nukkleus Inc (OTCPINK:NUKK). FXDD was an early pioneer offering third-party trading platforms, including the MetaTrader platform. The broker offers its products and services primarily via its EU-passported Malta entity, regulated by the MFSA.
While FXDD brand benefits from being owned in part by a public company, Nukkleus’ market cap was barely $13 million as of March 2019, which is very small and a concern when it comes to long term fund.
FXDD has been considered to be one of the biggest Forex brokers among the entire industry these days. Moreover – its strong reputation as a financial dealer has put the website among the first positions in the charts for top financial services providers. However, it`s not only about the great pack of facilities that FXDD provides, but also the rich experience that turned this broker into a fantastic opportunity for trading to all – beginners and advanced traders. The broker was established back in 2003 in New York. So you are right if you guess that this website accepts US-based traders too. The broker is an ECN type and it can boast with amazing regulation program that will keep your money and personal data at a really safe place.
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FXDD Review| Benefits
Alongside MT4, traders also have access to the broker’s proprietary, browser-based platform called Web Trader as well as third-party platform ZuluTrade.
Charts in FXDD’s WebTrader are powered by Trading View and provide a fluid experience. Zooming in an out of the chart is seamless and includes nearly 60 indicators. The one downside is the color scheme, which can cause price levels to become invisible when the highlight color is the same as the price color.
Features, Options and Accounts on FXDD Broker.
FXDD Forex broker permits you to open each styles of a commercialism account. Individual for personal traders, as well as corporative account, if you are a financial firm. Note that the minimum deposit for the standard private account is $100, which is a comparatively average value that can be afforded by advanced traders and beginners in the field. The trading tools on the platform are the common ones – numerous different foreign currency pairs, precious metals, stocks and indices. Trading with binary choices on FXDD broker is additionally doable. The leverage is 200:1 and the payment methods for deposits and withdrawals are the following: debit and credit card, ordinary bank wire transfer, PayPal, BPS, Click and Buy.
FXDD Review | Considerations
On the commission free customary account possibility there’s solely the unfold and no any commission another per trade. Standard accounts use market execution, deed potential for re-quotes.
FXDD acts as principal (counterparty) to every trade. In terms of the execution method, in which the broker may act as a market maker/dealer, which means it doesn’t have to rely on third-party dealers the way an agency broker does. This enables FXDD to offer price improvements on limit orders. No slippage on entry orders, and fill-or-kill orders with no partial fills on its Standard account offering.