FXDD provides clients with a competitive range of trading options, as it has since it was founded in 2002. This broker currently accepts clients from 180 countries, and offers a variety of trading accounts. FXDD is regulated by both the Financial Services Commission of Mauritius and the Malta Financial Services Authority. Traders can choose between these two jurisdictions when they open their forex accounts – with Malta providing greater capital protection while Mauritius offering higher leverage limits.
FXDD is affordable and accessible, and does not require high minimum balances on their standard accounts. The spreads offered on currency pairs are competitive, with a zero slippage guarantee and no partial fills on order execution. FXDD has a no-commission policy on its standard account, with price improvements available on limit orders. Traders who are seeking the lowest possible spreads will want to opt for FXDD’s ECN account, with its low commissions and 99% fill rate. Indicative commissions of $0.0299/1000 on major currency pairs and $0.0499/1000 on exotic forex pairs are available on the ECN account. In addition to forex, FXDD also offers CFD (stocks and indices), metals, energies, and cryptocurrency trading. Traders can choose between various platforms: MetaTrader 4 and 5, FXDD’s proprietary Webtrader, and Zulutrader – an automated trading system. A demo account is available for traders who want to take some time to explore the FXDD platform before committing to funding a full account.