Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
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FXDD Pros & Cons
- The only minimum deposit requirement is $1 or more in your account.
- The desktop and mobile platforms are MetaTrader 4 and MetaTrader 5, as well as a web terminal.
- Availability of PAMM and MAM accounts for passive investment.
- High spreads on standard accounts - from 1.9 pips on the EUR/USD pair.
- No cent (micro) accounts.
- Complex and lengthy procedure for opening a trading account.
- Limited choice of payment systems for depositing and withdrawing funds.
- There is no Russian-language website and support.
The FXDD (pronounced "Efex-didi") brokerage is an STP broker that has been providing services since 2002. The company offers trading in 6 asset classes — currency pairs, cryptocurrencies, and contracts for difference (CFDs). It has offices in Malta and New York. The broker's services are used by more than 400 thousand clients around the world. The regulators are the MFSA (Malta Financial Services Authority, C48817) and the FSC (Mauritius Financial Services Commission, C117017252).
TU Expert Verdict
FXDD carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
FXDD User Reviews
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5-star
11%
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4-star
26%
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3-star
47%
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2-star
0%
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1-star
16%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria5 /10The trading and non-trading commissions of FXDD have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FXDD with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FXDD’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FXDD Standard spreads FXDD OANDA FOREX.com EUR/USD min, pips 0.3 0.1 0.7 EUR/USD max, pips 1.8 0.5 1.2 GPB/USD min, pips 0.4 0.1 0.9 GPB/USD max, pips 1.9 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FXDD RAW/ECN spreads FXDD OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3 3.5 5 EUR/USD avg spread 0.3 0.15 0.2 GBP/USD avg spread 0.4 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FXDD. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FXDD Non-Trading Fees FXDD OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-50 0-15 0 Inactivity fee ($, per month) 13 0 15 -
Is FXDD Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria7 /10FXDD has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 24 years
- Not tier-1 regulated
FXDD Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level MFSA
Full Name Malta Financial Services Authority Country of regulation Malta Investor Protection Fund Up to €20,000 Regulation Level Tier-2
FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3 FXDD Security Factors Foundation date 2002 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.3.5 /10FXDD offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Tight spread ECN account
- Low minimum deposit
- Micro lots are not available
- No Swap Free account
FXDD account types vs top competitors FXDD Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoFXDD accounts trading conditions
The FXDD offers 2 types of accounts. For the MetaTrader platforms, standard accounts and ECN are available; for WebTrader, only ECN. The maximum leverage for retail clients is 1:30, for professionals, it’s 1:100. There are no minimum deposit requirements for any accounts.
Account types:
Account Type Description Standard A standard account with narrow market spreads for EUR/USD from 1.9 pips without additional brokerage fees. The company guarantees its owners zero slippage. Order execution type is Instant execution. ECN ECN accounts are for professional trading. EUR/USD spreads start from 0.4 pips. There is a commission for the lot when trading via WebTrader: for the main currency pairs, it is $2.99, for other instruments it is $4.99. Orders are executed by the Market execution type. Demo accounts are available for all terminals.
The FXDD is an STP broker that provides favorable trading conditions to professional traders who prefer to work with ECN technology.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6 /10FXDD received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FXDD provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank wire transfers available
- Minimum deposit below industry average
- No deposit fee
- Bank card deposits and withdrawals
- BTC not available as a base account currency
- Only major base currencies available
- USDT payments not accepted
What are FXDD deposit and withdrawal options?
FXDD provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Neteller.
FXDD Deposit and Withdrawal Methods vs Competitors FXDD Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are FXDD base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FXDD supports the following base account currencies: USD, EUR, GBP, JPY.
What are FXDD's minimum deposit and withdrawal amounts?
The minimum deposit on FXDD is $200, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXDD’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6 /10FXDD offers a limited selection of trading assets compared to the market average. The platform supports 137 assets in total, including 54 Forex pairs.
- Crypto trading
- ETFs investing
- Commodity futures are available
- Copy trading not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by FXDD with its competitors, making it easier for you to find the perfect fit.
FXDD Trading.com Plus500 Currency pairs 54 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 137 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions YesNoYesInvestment options
We also explored the trading assets and products FXDD offers for beginner traders and investors who prefer not to engage in active trading.
FXDD Trading.com Plus500 Bonds NoNoNoETFs YesNoYesCopy trading NoNoNoPAMM investing YesNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at FXDD by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10We successfully registered an account with FXDD in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at FXDD is $200. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fully online account opening process
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Account approval may require extra time depending on the documentation.
FXDD account opening FXDD Trading.com Plus500 Online Registration YesYesYesMinimum deposit $200 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 2 2 3 Is FXDD available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start trading with FXDD, you need to become a client of the broker by creating a trading account. Follow these steps:
On the FXDD website, click Start Trading. After that, the system will ask you to choose one of the divisions to create an account — Maltese or Mauritian.
After selecting the company's division, fill out the registration form. The broker asks you to specify not only personal data (last name, patronymic, date of birth, address, and phone number), but also the amount of available capital, the origin of income, as well as trading experience. After that, you need to answer a series of questions about trading: what is Stop Loss, margin trading, etc. To deposit money to a trading account, you need to pass verification.
The functionality of the FXDD personal account:
- Opening a new trading account.
- Passing verification, making a deposit, withdrawing funds, changing the leverage..
Also, in the trader's personal account, the following options are available:
- An economic calendar that displays the forecast of news and events happening in the market in real-time.
- Rollovers — current rates for Forex positions held until their value date, and interest on unrealized profit/loss.
- Data from Trading Central: market analysis and a brief overview of the daily news.
- Real-time currency quotes and spread sizes from leading banks and financial institutions.
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Customer Support
Score:We evaluated Customer Support at FXDD by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4 /10The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.
In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.
InformationSupport service operators are available 24 hours a day Mon-Fri and from 17: 00 Sunday and 16: 55 on Fridays, EST).
- In an online chat, you can ask a question without being a customer of the company
- Support is available in 6 languages
- Works in 24/5 mode
- You can't ask a question in Russian
The broker provides the following communication channels:
- phone number (specified in the section Contact);
- email;
- online chat on the website and in your personal account;
- feedback form;
- callback request.
Not only can a registered client ask a broker's representative a question, but also a trader without an active account.
Contacts Foundation date 2002 Registration address Triton Capital Markets Ltd., K2, First Floor, Forni Complex, Valletta Waterfront Floriana, FRN 1913, Malta Official site fxdd.com
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FAQs
How is FXDD regulated and what safety measures does it offer to clients?
FXDD is regulated by the Malta Financial Services Authority (MFSA), a Tier-2 regulator that provides access to an investor protection fund of up to €20,000, and by the Financial Services Commission of Mauritius (FSC Mauritius), classified as Tier-3 with no specific investor compensation fund. The broker has a safety score of 7/10, offers negative balance protection, and has been operating since 2002, but it is not regulated by a Tier-1 authority, which may imply a medium rather than top security level according to the review.
How are FXDD trading commissions and non-trading fees structured?
According to the review, FXDD’s overall fee level is rated as medium, with a fees score of 5/10, and its Forex trading fees are described as above average despite tight EUR/USD spreads. Standard account spreads on EUR/USD typically range from 0.3 to 1.8 pips, while ECN accounts have average EUR/USD spreads around 0.3 pips plus a $3 commission per lot; non-trading fees include no deposit fee, variable withdrawal fees from $0 to $50, and a $13 monthly inactivity fee.
What types of trading accounts does FXDD provide and what are their main conditions?
FXDD offers Standard, ECN/Raw spread, and Demo accounts, but does not provide Cent, Micro, Swap Free, VIP, or managed accounts. Standard accounts feature EUR/USD spreads from 1.9 pips with no extra commission and instant execution, while ECN accounts have EUR/USD spreads from 0.4 pips with per-lot commissions (e.g., $2.99 for major pairs via WebTrader), market execution, maximum leverage of 1:30 for retail and 1:100 for professionals, and no stated minimum deposit requirement in the section.
What do reviews say about FXDD deposit and withdrawal conditions and limits?
The review states that FXDD supports deposits and withdrawals via bank cards, bank wire, and Neteller, with no deposit fee and generally no withdrawal fee, although withdrawal charges can range from $0 to $50 depending on conditions. The minimum deposit is $200 and the minimum withdrawal is $100, and while BTC, PayPal, and Wise are not supported, base account currencies include USD, EUR, GBP, and JPY; more specific user feedback on processing speed or reliability is not provided in this section.
What customer support channels and service quality are mentioned in FXDD feedback?
The review notes that FXDD’s support operates 24/5 (from Sunday 17:00 to Friday 16:55 EST) via phone, email, online chat, feedback form, and callback request, and that even non-clients can ask questions through chat. However, support is available in six languages but not Russian, and the review describes response speed and depth of assistance as below expectations, indicating that some users may experience delays or need repeated contact to resolve issues.
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