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.
Learn more about our methodology and editorial policies.
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.
TU Expert Verdict
FXDD demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
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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
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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
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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.
- Low minimum deposit
- Demo account
- Standard account with balanced trading conditions
- Micro lots are not available
- No Cent account
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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.
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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.
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Trading Account Opening
We 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.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 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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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 /10
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FAQs
How safe is FXDD in terms of regulation and investor protection?
FXDD has a safety score of 7/10, which corresponds to a medium security level in this review. It is regulated by the Malta Financial Services Authority (Tier-2, with an investor protection fund up to €20,000) and the Financial Services Commission of Mauritius (Tier-3, with no specific investor protection fund), and it offers negative balance protection and KYC verification, but it is not classified as a Tier-1 regulated broker in this section.
What types of trading accounts does FXDD offer and what are their main features?
According to this section, FXDD offers Standard and ECN/Raw spread accounts, as well as demo accounts, but does not provide Cent, Micro, Swap Free, VIP, or managed accounts. Standard accounts have EUR/USD spreads from 1.9 pips with instant execution and no additional brokerage fees, while ECN accounts have EUR/USD spreads from 0.4 pips with market execution and a commission per lot on WebTrader, maximum leverage up to 1:30 for retail and 1:100 for professionals, and no minimum deposit requirement.
What do FXDD user reviews and feedback say about the broker?
FXDD has a user satisfaction score of 6.3/10 based on 19 reviews, with a rating distribution of 11% 5-star, 26% 4-star, 47% 3-star, 0% 2-star, and 16% 1-star, indicating mixed opinions. According to user reviews, experiences vary, and this section does not provide detailed qualitative comments on specific strengths or weaknesses.
What markets and tradable assets are available with FXDD?
FXDD supports 137 tradable assets in total, including 54 forex pairs, and provides access to stocks, commodity futures, cryptocurrencies, stock indices, and options. The broker also offers ETFs and PAMM investing but does not provide bonds, copy trading, or managed accounts, and this section notes that the overall asset selection is limited compared to the market average.
How does the FXDD account opening process work and what do user comments highlight about it?
The FXDD account opening process is fully online, with registration taking about 10 minutes and KYC verification typically completed within 2 business days, and the minimum deposit stated in this section is $200. Applicants choose between the Maltese or Mauritian division, provide personal and financial information, complete a short trading knowledge questionnaire, and then use the personal account area for tasks such as opening trading accounts, verification, funding, withdrawals, leverage changes, and accessing tools like an economic calendar, rollovers data, Trading Central analysis, and real-time quotes.
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