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FXDD review

FXDD


On-line since: 2002
Country of origin: the USA
Regulation: None
Payment options: WebMoney, wire transfer, checks, PayPal and BPS
Minimum account size: $500
Minimum lot size: 0.01
Leverage: 1:100 and 1:200
Spreads: 2 pips on EUR/USD

About the company:

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.

FXDD 8/10 (votes 4093)
Author of FXDD: Wotbel | Date 2021-06-28
I can say FXDD is a first-class broker Special thing about this broker is spread is very competitive, and they do take swap charges, withdrawals are takes only three hours , and support works 24/7 . Their trading terminal is professional, no slippages, and no re-quotes. I will refer forex trader to join this FXDD broker.
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Author of FXDD: Manuel | Date 2021-04-20
You should be careful with dealing with unregulated brokers. FXDD is not licensed which heightens the risk for you. I have a friend who has been with them for many months already and she is trying to withdraw some money but the broker is taking a long time to release it. As of now, it has already been a month but they still hadn't released it.
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Author of FXDD: Temas | Date 2021-01-05
I'm so disappointed trading with FXDD broker. My trading activity is not good there, it has a lot of issues on the platform. Also, trading tools and features didn't work correctly. Of course, It caused me to lose significant money. Their customer support so ignorant and useless. I stopped trading with them, and I withdrew the rest of the money in my account. I realized that they charged me big amount for withdrawing commission. They also have such a hidden commission. That's my trading experience with FXDD broker. It's only wasting money and time there. Now I move, closed my account there, and no more trading with them.
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Author of FXDD: Kohar | Date 2020-06-09
I'm getting impatient now. Until now I haven't got my money yet. Hopefully, they'll process it because this week ends. They have a very confusing rules on their agreement. Not good for a less educated person. They took almost $100 thousand dollars after I placed an order of USD/EUR without setting SL.
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Author of FXDD: Sazidul | Date 2020-04-07
It has been five months since I started trading at FXDD. I am using Paypal as payment system and I find it very convenient and efficient. Whenever I deposit, the amount is credited to my trading account immediately. However, I don't like their trading platform too much. To be honest, I think that it has too much bugs and it affects my trading activities. SL and TP are often not followed as well.
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Author of FXDD: Glenn | Date 2020-03-04
Last months I put withdrawal request of $1220 on bank from which I made deposit. They charged me fee $155 and after couple of weeks they transferred me money back on my trading account. I am already losing hope with this broker. I tried trading with FXDD by opening a demo account. Everything went well then. But when I opened a live account, that's when things just started to be messed up. The execution of deals is slow and their services are poor. In every trader I still got requotes until now when i am closing my positions and the platform freezes a lot. I may not go far with this broker anymore.
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Author of FXDD: Tina | Date 2019-11-29
Don't believe FXDD , if you are lucky you will get your money back. Otherwise, you will lose your money. The trader’s loss is their earnings, they put a huge pressure on the new traders to deposit more money, promising them of continuous profit; This has happened to me twice on dealing city platform, whenever I want to close a position the platform freezes until I am at loss, I have lost $800 so far, and they keep calling me to deposit more. I don't recommend this broker at all. They will start to blame you after they got your money. Just be carefull.
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Author of FXDD: Timofey | Date 2019-10-03
If you are new to trading, FXDD is a good practicing ground. The spreads are not the tightest but are also not too wide. The platform works excellently and the execution is fast. However, I won't recommend you to do trade at this broker and invest for a long time because it is still not regulated. What I also didn't like is the frequent receipt of various emails for promotion. There are even some spam emails.
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Author of FXDD: Gilang | Date 2019-08-27
I recently closed my trading account in this broker, it is just over 2 weeks since I call the support team, but there is no clarity and settlement from this broker against the difficulty of my withdraw process. I join this broker almost 2 month because there are many recommendation and thousand positive review about this broker everywhere. Their minimum account size only $1 supported by 1:1 to 1:2000 leverage so I think this is a competitive value and I can increase the profit that I get. But everything is not in accordance with the fact, the trading process full of difficulties. I've seen no reason why my money didn't appear in my account although I made more then twice withdraw request. I trusted them at the first time, because I thought they would guide me and fix the technical problem. But now nothing good to continue trading here, I think.
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Author of FXDD: Sheri | Date 2019-02-19
Information about FXDD are all over the place. I have read reviews about this broker and they say that this is regulated so I decided to open an account here. What they failed to clear is that FXDD has two branches: one for Europe and the other for Asia. Only the branch for Europe is regulated. I am from Asia so that would mean that I would be dealing with an unregulated broker. Also, the branch for Asia has more restrictions in the mode of payment so I just did not open an account anymore. Besides, having these confusing details makes the broker less trustworthy.
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