Founded in the United States in 2002, FXDD is a pioneering broker of Forex services to individuals. At one point, it was very popular, with a large support team in a skyscraper in New York.
However, the popularity has been declining due to the birth of many emerging brokers and the aftermath of zero cut shock of the Swiss franc. On the other hand, it is an FX broker that has been operating for a long time, has a reputation for the ease of use, and is still being used by regular traders.
With FXDD's Max Leverage accounts, you can trade with up to 1:1,000 leverage. It will be limited to 1:500 if the margin is 300,000 JPY or more, which is less stringent than other companies. Other accounts have a maximum leverage of 1:500, and there is no leverage limit based on margin. Traders can also benefit from the large number of instruments with positive swaps and free access to historical data.
The disadvantages of FXDD are the high stop-out level and the high minimum deposit. Even if you can trade with high leverage, you may need to limit your loss early or you may not be able to take advantage of it considering the margin and the number of lots you can trade.
Nonetheless, they are offering reasonable trading conditions and MetaTrader4/5, and this ease of use has been attracting even the old users who were away for a while.
[Asia] Japanese, Simplified Chinese, Vietnamese
[Europe and America] English, Spanish, Italian
[Middle East, Africa] Arabic
[Standard, Premium, Cent] 1:500
[Max Leverage] 1:1000
[FX/Currency Pair]: 51(*1)
[CFD/Metals]: 5
[CFD/Indices]: 10
[CFD/Energy]: 3
[CFD/Cryptocurrencies]: 4
[CFD/Stock]: 49
[CFD/Futures]: 1
(Monday) 0:00 am - (Friday) 11:55 pm (Server time)
(*1)50 FX/Currency Pairs are tradeable with MT4.
(*2)The fee is per order (One way). Trading fees for ECN accounts are varied by symbol.
(*3)Depending on the period of inactivity
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