FXDD review

Spread from

0.0 pips

EUR/USD spread

Approx. 0.3 pips

GBP/USD spread

Approx. 0.6 pips

Commission

Approx. $2.99 per side / $5.98 round turn on commission pricing

All-in cost, EUR/USD

Approx. 0.9 pips

Spread type

Variable

Overnight swap

Both: overnight rollover may be charged or credited

Inactivity fee

$40 after extended inactivity

Deposit fee

Generally none internally

Withdrawal fee

Method-dependent

Currency conversion

Conversion at applicable exchange rate

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FXDD lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Metals, Commodities, Indices, Futures, Stocks, ETFs

Currency pairs

50+

Total instruments

3,500+

Crypto CFDs

No

Maximum leverage

1:500

Execution model

Hybrid market maker / agency execution

Execution speed

Under 100ms

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop and advanced MT5 pending orders

Servers

Global financial data-centre infrastructure

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

FXDD covers forex, metals, commodities, indices, futures, stocks, etfs. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer and regional/local deposit methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, FXDD WebTrader, FXDD Mobile

Own platform

Yes, FXDD WebTrader

Mobile app

Both proprietary and third-party

Browser trading

Yes

Automated trading

Yes, automated trading and MetaTrader Expert Advisors

Copy trading

Yes, managed/social trading solutions

Indicators

30+ MT4; 38+ MT5; custom indicators and scripts supported

Third-party tools

MetaTrader 4, MetaTrader 5, Trading Central, TraderMade

API access

Yes, institutional/API connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

FXDD Trading S.A.C. registered in Peru and authorised to provide foreign-exchange services

Regulator tier

Tier 3

Register entry

Peruvian corporate/tax register, RUC 20610077278

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme

Audited by

Independent external auditors

Not available to

American Samoa, Angola, Belarus, Bermuda, Burundi, Cameroon, Central African Republic, Chad, Republic of the Congo, DR Congo, Cuba, Equatorial Guinea, Gabon, Iran, North Korea, Libya, Marshall Islands, Puerto Rico, Russia, Sao Tome and Principe, Sudan, Syria, United States, Venezuela, US Virgin Islands, Yemen, Zimbabwe

Across a hundred brokers, the licence is what separates the field fastest.

FXDD lists its regulation as FXDD Trading S.A.C. registered in Peru and authorised to provide foreign-exchange services.

Client money is held separately from the firm's own money, at Regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by No statutory investor compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.

Minimum deposit

$100

Account types

Standard, ECN, Individual, Corporate, Managed, Islamic/Swap-Free, Demo, Multi-Asset

Account currencies

USD, EUR, GBP, JPY

Islamic account

Yes

Demo account

Yes

Professional account

Yes, institutional/high-volume configurations

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

FXDD runs 8 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, JPY. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Visa, Mastercard, bank transfer and regional/local deposit methods

Withdrawal methods

Bank transfer, cards and supported original funding methods

Deposit time

Cards generally instant; bank transfers typically 1-5 business days

Withdrawal time

Typically 1-5 business days depending on method

Minimum withdrawal

$100

Local payment methods

Local deposit agents and jurisdiction-specific payment methods

Withdrawals are stated at Typically 1-5 business days depending on method, against Cards generally instant; bank transfers typically 1-5 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, cards and supported original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $100 - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

24/5

Contact channels

Live chat, email, phone

Languages

Multilingual

Telephone

+356 2013 3933

Email

support@fxdd.com

Live chat response

Typically under 2 minutes

Education

Extensive: trading guides, platform education, strategy articles, tutorials and market education

Research

TraderMade analysis, Trading Central, technical analysis, market news and trading insights

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: trading guides, platform education, strategy articles, tutorials and market education. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

FXDD Trading S.A.C.

Company number

RUC 20610077278

Headquarters

Lima, Peru

Founded

2002

Publicly listed

No

Parent company

FXDD Group

Employees

Approx. 50-200

Also trades as

FXDD

FXDD has been trading for around 24 years, through at least one full market cycle. Longevity guarantees nothing on its own, but a firm that came through 2008 and 2015 has been tested in a way a recent entrant has not.

The contracting entity is FXDD Trading S.A.C.. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of FXDD Group. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.