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TOP FOREX BROKERS REVIEW

THE INTERNET'S MOST COMPREHENSIVE LIST OF ONLINE FOREX BROKERS AND FOREX REVIEWS. 

FXDD

Established in 2002, FXDD was a pioneer offering third-party transaction platform, including the MetaTrader platform developed by MetaQuotes Software Corporation.

Today, FXDD continues to offer the Tradency platform, including the MirrorTrader and RoboX platform for automated trading and the MT4 MetaQuotes suite. It also provides the JForex Dukascopy platform and its proprietary Swordfish platform for desktop computers and the WebTrader platform developed by the related technological arm of ForexWare.

How FXDD Operates:

FXDD supports algorithmic transactions on several of its platforms. It offers 87 trading instruments, including 54 currency pairs and CFDs for single shares, indices, metals, energy, and cryptocurrencies. The company serves its goods and services through its entity in Malta under the command of the EU, regulated by MFSA. The brand also provides services through an unregulated object based in Bermuda - FXDD Trading.

FXDD offers three types of accounts: Standard (no commission), ECN (commission), Extreme (commission). In the free commission option, only the spread is available in the standard account. There is no commission on the transaction. The method of implementation is immediate when there is a possibility of slipping (on market orders).

A commission-based ECN account has a round-up commission of USD 5.98 for EUR 100,000 (USD 2.99 per page) for significant pairs such as EUR / USD. It is added to low spreads (lower than the standard account). With average spreads of 0.68 pips per EUR / USD listed by FXDD, the all-in cost is almost 1.29 pips. That is after taking into account 0.598 pips in RT commission.

 

When it comes to research, FXDD offers customers a free trial version of the FX Navigator services. Tradermade operates this service. Here, traders can access the best research in 42 currency pairs. There are also nearly half a dozen calculators to determine pip values ​​and margins. It is among other related tools in the network.

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