Score

2.41 /10
Danger

FXDD

Suspicious Regulatory License

White label MT4

Regional Brokers

Suspicious Overrun

High potential risk

A
B

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Comparison

Quantity 60

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.54

Risk Management Index0.00

Software Index9.54

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Warning: Low score, please stay away! 5
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 53 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

FXDD · Benchmark
Average transaction speed(ms)
332.5 Great
The highest transaction speed(ms)
265
The highest speed of opening positions(ms)
265
The highest speed of closing position(ms)
266
The lowest speed of opening positions(ms)
531 Perfect
The lowest speed of closing position(ms)
469 Great
Ranking: 52 / 125
Test user 283
Transactions 2,477
Ocuppied margin $16,018,507 USD
Data Source WikiFX Data provide
Updated: 2024-12-20 01:12:00
Pyramid scheme complaint
Expose
    FXDD · Company summary

    Note: FXDD's official website: https://www.fxddtrading.com/bm/en is currently inaccessible normally.

    FXDDReview Summary
    Founded2002
    Registered Country/RegionMalta
    RegulationSuspicious Clone
    Market InstrumentsForex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies
    Account TypeStandard accounts and ECN accounts
    Demo Account
    LeverageUp to 1:100
    Spread1.8 pips
    Trading PlatformMT4, MT5, WebTrader and FXDD Mobile
    Min Deposit$100
    Payment MethodsVisa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company
    Customer SupportPhone: +1 (212) 720-7200
    Email: support@fxddtrading.com
    Address: 525 Washington Blvdjersey City, NJ 07310

    FXDD Information

    FXDD, founded in 2002, is a brokerage registered in Malta. The trading instruments it provides cover Forex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies. The Whois website shows that the registration date of this dealer is 2002-05-22.

    FXDD Information

    Pros and Cons

    Pros Cons
    Offers diverse market instrumentsSuspicious clone
    No deposit or withdrawal fees for most methodsSome negative reviews from clients
    MT4 and MT5 supportedNo 24/7 customer support
    Demo account available

    Is FXDD Legit?

    FXDD is regulated by Malta. It has 2 types of licenses - MFSA License, NFA License. But the current status of these licenses is suspicious clone.

    Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
    MaltaMFSATRITON CAPITAL MARKETS LTDMarket Making(MM)C48817Suspicious Clone
    Unites StatesNFAFXDIRECTDEALER LLCCommon Financial Service License0397435Suspicious Clone
    Is FXDD Legit?
    Is FXDD Legit?

    What Can I Trade on FXDD?

    FXDD offers traders the opportunity to trade Forex, Metals, Stocks, Energies, Indices, Cryptocurrencies.

    Tradable Instruments Supported
    Metals
    Forex
    Cryptocurrencies
    Indices
    Energies
    Stocks
    Derivatives
    Futures
    Options

    Account Types

    FXDD offers 2 different types of accounts to traders - Standard accounts and ECN accounts. It also provides an Demo Account.

    FXDD Fees

    FXDD charges no commissions. But it charges an inactivity fee.

    The amount of the fee depends on how long the account has been inactive, $40 for accounts inactive for less than 1year, $50 for accounts inactive for 1-2 years, $60 for accounts inactive for 2-3 years, and $70 for accounts inactive for over 3 years.

    Trading Platform

    FXDD's trading platform is MT4 Margin WebTrader, MT5 Margin WebTrader and an app - FXDD Mobile, which supports traders on PC, Mac, iPhone and Android.

    Trading PlatformSupported Available Devices
    MT4 Margin WebTraderWeb, Mobile
    MT5Web, Mobile
    FXDD MobileMobile

    Deposit and Withdrawal

    FXDD provides numerous means of deposit and withdrawal choices, consisting of Visa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company. Most deposits and withdrawals do not incur any fees. The minimum deposit is $100.

    News

    ExposureAlarming Issues with FXDD: “You better never try this broker.”

    FXDD, a prominent forex broker known for offering a diverse range of trading instruments, has recently been at the center of controversy. Many users have reported significant difficulties in withdrawing their funds from the platform, raising widespread concern and distrust among its clientele.

    WikiFX
    2024-07-17 14:11
    Alarming Issues with FXDD: “You better never try this broker.”

    NewsFXDD CELEBRATES 20 YEARS IN THE FINANCIAL INDUSTRY

    Leading brokerage firm, FXDD, is celebrating 20 years of providing cutting-edge services to financial market participants. This is a remarkable achievement, given that the retail trading industry is still relatively new. FXDD has stood the test of time, witnessing numerous service providers come and go over the past two decades. The ability to not just survive but thrive over the years is a testament to the company’s commitment to anticipate and innovate to meet the expectations of its clients.

    WikiFX
    2022-10-13 12:05
    FXDD CELEBRATES 20 YEARS IN THE FINANCIAL INDUSTRY

    NewsWIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

    As Millennials and Generation Z now make up the majority of traders, with much greater emphasis on diversification, pure FX platforms are becoming an endangered species.

    WikiFX
    2022-06-22 14:22
    WIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

    NewsWIKIFX REPORT: FXDD Launches an Industry Game Changer

    The company has closed the chasm that has existed between the OTC market and Exchanges.

    WikiFX
    2022-06-22 12:29
    WIKIFX REPORT: FXDD Launches an Industry Game Changer

    User Reviews

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    User comment

    11

    Comments

    Write a review

    FX1161189448
    3-6months
    何度も何度も出金申請してもずっと出金がされないまま勝手に資金が0になり… ついにログインすら出来なくなりました。 問い合わせしても何もかえって来ません。 残念な事に証拠の写真なども残していなかったので何もできません。
    何度も何度も出金申請してもずっと出金がされないまま勝手に資金が0になり… ついにログインすら出来なくなりました。 問い合わせしても何もかえって来ません。 残念な事に証拠の写真なども残していなかったので何もできません。
    Translate to English
    2024-09-20 23:45
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    王岗
    3-6months
    无法登录!!
    无法登录!!
    Translate to English
    2024-09-10 06:57
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    60