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FXDD

2/10 (votes 100)

On-line since 2002
Country of origin USA
Regulation None
Payment options ClickandBuy, Credit/debit cards, Skrill (Moneybookers), Wire transfer
Minimum account size $250
Minimum lot size 0.01
Leverage 1:200
Spreads 1,3 pips on EUR/USD

The business model of the FXDD Company has been developed in order to provide the prices of the interbank market participants to customers. This business scheme has been exploited by Tradition Company for over 40 years. The structure of the Company allows avoiding conflicts, when the liabilities and the interests of the firm do not correspond.

Author of FXDD review: Mussi. Date and time of FXDD review: 2016-10-19 10:30:26
In the last two years, I've tried small accounts on several brokers including FXDD. The FXDD account I've had for just over 6 months has performed fine. I only trade the EURUSD, so their 2pip spread works for me for now. The few online chats I've had with customer service have gone well and I've seen no evidence of foul play. I would recommend FXDD to anyone getting started and looking for a legitimate broker. One nice extra is their "end of day" is the same as the New York close. That makes sense to me and makes it easy for me to keep "chart time" and "local time" straight. Just like to let you know though, that my mentor has been trading on this broker since like 7-8 years and he trades the full 50lots on FXDD mt4, he averages about 250,000USD a week sometimes more and has been getting paid promptly since years. He's a multi-millionaire from trading in FXDD. So just like to let you know that there's no need to worry in trading FXDD, your in safe hands and sky's the limit to making money here. Their servers are good, support is prompt, withdrawals aren't an issue. Overall if you try to make it big in forex like 500,000$ or more I would suggest using FXDD, I only saying this as my mentor is doing 250,000$ or more a week on this. Hence I will be looking forward in the future goals in FXDD.
Author of FXDD review: Lance. Date and time of FXDD review: 2016-09-20 08:15:16
Do not deal with these people at FXDD. I did, and when I got ahead, they noticed, and it was only a matter of hours until they cleaned out my $16,000 with margin calls and fake numbers with adjusted spreads to hit margin calls. The prices that I was called on, never happened after I checked. Forget the 5% bonus they offered me when I put in $10,000....they got it back. They had race cars, and when I was down to nothing, I was still getting reports about how good their race cars were doing. And in learning over the years, there is a rule that I stand by....if you open a demo account anywhere, and somebody calls you with pressure....run for your life. The high pressure salesman that they had now works for a different company....and he is hitting me again, and does not even remember past dealings. Avoid this company even though they might have licenses now. They operated in the past with only applications.
Author of FXDD review: Daniel Laverdiere. Date and time of FXDD review: 2016-09-02 14:05:07
I have been with FXDD for 8 moths now, and most of the time, things are fine, but once in a while, you get surprises... not always good ones. Today, during one of those long bars caused by news, they quicky rosed the spread of XAUEUR to 70 pips... wow, if you search such an information on their site, you will never find it. I am experienced enough to understand that during short moments of high volatility, a spread may go from 2 to 3 or 4 pips, but 70 !!! They make sure no one can win on a news bar... I do not recommend FXDD to anyone, and if you are with them, becareful not to think you can win on news trading. Thanks
Author of FXDD review: HARISH . Date and time of FXDD review: 2016-08-02 11:01:17
The FXDD spreads hiden during news. I saw the GBP/JPY go to 28 pips on an interest rate announcement by BOE. Announcement matched expectation .25%, but spread was way too high in my opinion.
Author of FXDD review: Gilbert. Date and time of FXDD review: 2016-06-28 21:39:58
In my opinion, minimum deposit is too high, it's difficult toget profit, especially for newbies. Also, execution of trades is poor as well as platform, which needs more servers in order not to freeze all the time
Author of FXDD review: Andreas. Date and time of FXDD review: 2016-05-10 18:04:24
Average broker with average trading conditions and offshore registration. I didn’t get a lot of problems with them, but still I had some big negative slippages and requotes, especially during volatility periods. So i changes it for ECN broker and now using all benefits of trading at real market. If you don’t know how to choose the best broker for you, add me in skype, vovkfx, i am ready to share my experience.
Author of FXDD review: DavidSumpip. Date and time of FXDD review: 2016-04-12 16:25:42
Not a good broker. In my opinion, minimum deposit is too high, it's difficult to gather that amount of money, especially for newbies. Also, execution of trades is poor as well as platform, which needs more servers in order not to freeze all the time.
Author of FXDD review: Neil. Date and time of FXDD review: 2016-04-11 04:28:15
FXDD is a scam. Be careful. One staff from FXDD called me up and asked to make a deposit. I told him first I want to test the platform before depositing as they had a promotional offer of 25 dollar. Since, then I have been getting one excuse after another about deposit bonus and just excuse to depsoit my money and start trading with them. Their excuses varies from we were not aware to with in three days to one week to bank holiday to did not recieve your request.
Author of FXDD review: Fxday. Date and time of FXDD review: 2016-04-08 06:16:11
Hello, i want to tell you my bad experience with this broker. They have very very bad customer service. they don
Author of FXDD review: Alba. Date and time of FXDD review: 2016-04-07 07:30:33
I have contacted their admin for this, and the worst is, the trade is not entering market expect when you enter to trade.

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