FXDD

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

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.


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11.05.2012 23:20
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bisifentus
Banned
Join Date: 22.04.2012
Posts: 6752
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Thanked 54 Times in 51 Posts
This is one of the good old brokers, but lately i have being hearing lots of bad comments about them, Some says they are bucket shop, stop hunters etc But i have not heard withdrawal issues which is a great star on the company`s image.
08.04.2012 21:21
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pkdoo7
MT5 Maniac
Join Date: 05.11.2011
Posts: 3309
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Thanked 36 Times in 33 Posts
this is one of the leading brokerage firm and they provide multiple trading option , the best thing is their free of cost wire transfer , company doesn't charge any deposit or withdraw fee for transactions .
03.04.2012 04:38
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yazid
Forex in the blood
Join Date: 23.03.2012
Posts: 322
Thanks: 7
Thanked 31 Times in 8 Posts
Very nice Broker and good services till now,great connectivity with MT4. There are a few servers are suppoting the signal and if you wire your money via Paypal your account could be credited that same day
22.02.2012 22:36
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IQBAL1987
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Join Date: 20.02.2012
Posts: 239
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Thanked 6 Times in 6 Posts
I didn't open real account with FXDD. So far I know this broker regulated by NFA in US, minimum deposit rewuired $250. Their deposit and witdrawal method wire transfers and credit card.
28.12.2011 11:52
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ericnyamu
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Join Date: 04.11.2011
Posts: 9441
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Thanked 105 Times in 86 Posts
there's this forex analyst by the name greg at fxdd . he's really nice in analyzing the mark and you really get the feeling he knows what he's doing
06.12.2011 05:22
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neimad
FX Zombie
Join Date: 26.11.2010
Posts: 2293
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Thanked 184 Times in 102 Posts
High spreads compared to whom? Their spreads are actually average compared to the rest of the broker pack. Even on GBP/JPY they have 5 pips, which is decent. They don't have the best spreads yet their not so high.
04.12.2011 23:30
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neimad
FX Zombie
Join Date: 26.11.2010
Posts: 2293
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I doubt that's the case with FXDD. Most people are not aware if they actually have a bad internet connection or not. That issue has to be clarified before anything else. A buddy of mine trades $200k account over at FXDD. He has never complained about their service in the last year or so since he's been there. If he's alright, I think smaller accounts will be alright too. Somehow I doubt smaller traders are more pretentious then a big shark.
04.12.2011 20:05
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declassica trader
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Join Date: 03.10.2011
Posts: 1770
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sometimes there is not a broker who cheated us by reducing the ability of their servers. before we really get to be a trader in a brokerage we have to learn the ins and outs of the broker's reputation and find something else to make us believe in.
01.11.2011 02:08
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MT5 luz3rrul3z
FX Zombie
Join Date: 23.10.2011
Posts: 2422
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I see FXDD advertisement all over the internet and it says 'race to rewards'. Its about live trading contest in FXDD. Anyways I don't think I'm gonna join a broker which offer only one e-currency deposit/withdrawal method and that is paypal .
08.03.2011 05:27
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monkeylong
MT5 Addict
Join Date: 22.12.2010
Posts: 533
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Thanked 40 Times in 11 Posts
I do have known something about this broker here.But I do not think it is a very good one.The leverage is not so good, and you still need to deposit $250 there o trade.