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Score
Malta
5-10 yearsSuspicious Regulatory License
White label MT4
Regional Brokers
Suspicious Overrun
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 60
Exposure
Score
Regulatory Index0.00
Business Index7.54
Risk Management Index0.00
Software Index9.54
License Index0.00
Single Core
1G
40G
Danger
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Company Name
FXDD GLOBAL
Company Abbreviation
FXDD
Platform registered country and region
Malta
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Unable to log in!!
It has been over two months, two withdrawal requests, and they are still in pending status. Please help me! 😭
I have been requesting withdrawal of all possible options and amounts since March 18th, and it always remains pending.
FXDD platform is a platform I have been using for more than ten years. I didn't expect that I can't withdraw money now, customer service is unresponsive, or I have been scammed. I am speechless.
Withdrawal of principal for one week, no response, no response to email
Customer service and website are closed. I can't log in to my account and can't withdraw several thousand US dollars.
I can't withdraw my funds. I applied in early June, but I haven't withdrawn my funds yet. Customer service won't respond.
Even after repeatedly requesting withdrawals, the funds remained at 0 without any withdrawals being made... I can't even log in anymore. Even after contacting them, I haven't received any response. Unfortunately, I didn't keep any evidence such as photos, so there's nothing I can do.
Cannot contact anything, no response to emails, and cannot access the platform.
Since June 2024, the commission refunds have not been credited to my account, and now I cannot log in to my account.
The problem of not being able to withdraw funds now is due to shell companies in domestic, and it has nothing to do with the American FXDD company.
I am an agent client of FXDD company. Before May 2024, the agent commission was transferred to my account on the 15th of each month. However, the commission of over $4000 for June and July 2024 has not been credited to my account. I have been sending emails to customer service every day, but they have not replied. I have not received any email from FXDD customer service until now.
After depositing in June, I haven't received it until now, and customer service hasn't responded either.
Multiple withdrawal requests have been made, but the platform does not pay out, and customer service does not respond.
It's been over two months; I can't withdraw funds, customer service is unreachable, and I can't log into the client. Finally, the MT4 server is gone, and I can no longer log in at all.
FXDD is a fraudulent American company; everyone should avoid opening accounts with this company. Currently, FXDD's trading accounts cannot even connect, let alone withdraw funds. Customer service does not respond to emails, and there is no Chinese consultation phone number. Those considering opening an account should opt for companies with dedicated Chinese consultation phone numbers for more reliable and secure financial transactions.
Note: FXDD's official website: https://www.fxddtrading.com/bm/en is currently inaccessible normally.
FXDDReview Summary | |
Founded | 2002 |
Registered Country/Region | Malta |
Regulation | Suspicious Clone |
Market Instruments | Forex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies |
Account Type | Standard accounts and ECN accounts |
Demo Account | ✔ |
Leverage | Up to 1:100 |
Spread | 1.8 pips |
Trading Platform | MT4, MT5, WebTrader and FXDD Mobile |
Min Deposit | $100 |
Payment Methods | Visa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company |
Customer Support | Phone: +1 (212) 720-7200 |
Email: support@fxddtrading.com | |
Address: 525 Washington Blvdjersey City, NJ 07310 |
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.
Pros | Cons |
Offers diverse market instruments | Suspicious clone |
No deposit or withdrawal fees for most methods | Some negative reviews from clients |
MT4 and MT5 supported | No 24/7 customer support |
Demo account available |
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 Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
Malta | MFSA | TRITON CAPITAL MARKETS LTD | Market Making(MM) | C48817 | Suspicious Clone |
Unites States | NFA | FXDIRECTDEALER LLC | Common Financial Service License | 0397435 | Suspicious Clone |
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 | ❌ |
FXDD offers 2 different types of accounts to traders - Standard accounts and ECN accounts. It also provides an Demo Account.
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.
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 Platform | Supported | Available Devices |
MT4 Margin WebTrader | ✔ | Web, Mobile |
MT5 | ✔ | Web, Mobile |
FXDD Mobile | ✔ | Mobile |
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.
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.
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.
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.
The company has closed the chasm that has existed between the OTC market and Exchanges.
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