Score

2.46 /10
Danger

FXDD

Suspicious Regulatory License

MT4 Full License

Suspicious Overrun

High potential risk

C

Add brokers

Comparison

Quantity 60

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.61

Risk Management Index0.00

Software Index9.81

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
FXDD
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Broker Information

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Warning: Low score, please stay away! 5
Previous Detection : 2025-04-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 53 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
FXDD · Company summary

Note: FXDD's official website: https://www.fxddtrading.com/bm/en is currently inaccessible normally.

FXDDReview Summary
Founded2002
Registered Country/RegionMalta
RegulationSuspicious Clone
Market InstrumentsForex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies
Account TypeStandard accounts and ECN accounts
Demo Account
LeverageUp to 1:100
Spread1.8 pips
Trading PlatformMT4, MT5, WebTrader and FXDD Mobile
Min Deposit$100
Payment MethodsVisa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company
Customer SupportPhone: +1 (212) 720-7200
Email: support@fxddtrading.com
Address: 525 Washington Blvdjersey City, NJ 07310

FXDD Information

FXDD, founded in 2002, is a brokerage registered in Malta. The trading instruments it provides cover Forex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies. The Whois website shows that the registration date of this dealer is 2002-05-22.

FXDD Information

Pros and Cons

Pros Cons
Offers diverse market instrumentsSuspicious clone
No deposit or withdrawal fees for most methodsSome negative reviews from clients
MT4 and MT5 supportedNo 24/7 customer support
Demo account available

Is FXDD Legit?

FXDD is regulated by Malta. It has 2 types of licenses - MFSA License, NFA License. But the current status of these licenses is suspicious clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
MaltaMFSATRITON CAPITAL MARKETS LTDMarket Making(MM)C48817Suspicious Clone
Unites StatesNFAFXDIRECTDEALER LLCCommon Financial Service License0397435Suspicious Clone
Is FXDD Legit?
Is FXDD Legit?

What Can I Trade on FXDD?

FXDD offers traders the opportunity to trade Forex, Metals, Stocks, Energies, Indices, Cryptocurrencies.

Tradable Instruments Supported
Metals
Forex
Cryptocurrencies
Indices
Energies
Stocks
Derivatives
Futures
Options

Account Types

FXDD offers 2 different types of accounts to traders - Standard accounts and ECN accounts. It also provides an Demo Account.

FXDD Fees

FXDD charges no commissions. But it charges an inactivity fee.

The amount of the fee depends on how long the account has been inactive, $40 for accounts inactive for less than 1year, $50 for accounts inactive for 1-2 years, $60 for accounts inactive for 2-3 years, and $70 for accounts inactive for over 3 years.

Trading Platform

FXDD's trading platform is MT4 Margin WebTrader, MT5 Margin WebTrader and an app - FXDD Mobile, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTraderWeb, Mobile
MT5Web, Mobile
FXDD MobileMobile

Deposit and Withdrawal

FXDD provides numerous means of deposit and withdrawal choices, consisting of Visa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company. Most deposits and withdrawals do not incur any fees. The minimum deposit is $100.

News

ExposureAlarming Issues with FXDD: “You better never try this broker.”

FXDD, a prominent forex broker known for offering a diverse range of trading instruments, has recently been at the center of controversy. Many users have reported significant difficulties in withdrawing their funds from the platform, raising widespread concern and distrust among its clientele.

WikiFX
2024-07-17 14:11
Alarming Issues with FXDD: “You better never try this broker.”

NewsFXDD CELEBRATES 20 YEARS IN THE FINANCIAL INDUSTRY

Leading brokerage firm, FXDD, is celebrating 20 years of providing cutting-edge services to financial market participants. This is a remarkable achievement, given that the retail trading industry is still relatively new. FXDD has stood the test of time, witnessing numerous service providers come and go over the past two decades. The ability to not just survive but thrive over the years is a testament to the company’s commitment to anticipate and innovate to meet the expectations of its clients.

WikiFX
2022-10-13 12:05
FXDD CELEBRATES 20 YEARS IN THE FINANCIAL INDUSTRY

NewsWIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

As Millennials and Generation Z now make up the majority of traders, with much greater emphasis on diversification, pure FX platforms are becoming an endangered species.

WikiFX
2022-06-22 14:22
WIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

NewsWIKIFX REPORT: FXDD Launches an Industry Game Changer

The company has closed the chasm that has existed between the OTC market and Exchanges.

WikiFX
2022-06-22 12:29
WIKIFX REPORT: FXDD Launches an Industry Game Changer

NewsFXDD Parent Posts $5.1M as Q4 2021 Revenue, Losses Deepen

The company ended the quarter with $1.94 million as a net loss. It gained stakes in several companies last year.

WikiFX
2022-02-16 15:20
FXDD Parent Posts $5.1M as Q4 2021 Revenue, Losses Deepen

NewsFXDD Parent Reports Marginal Gain in Q2 Revenue, Ends in Loss

The slight revenue gain came from the company’s crypto-fiat conversion services.

WikiFX
2021-08-18 10:39
FXDD Parent Reports Marginal Gain in Q2 Revenue, Ends in Loss

User Reviews

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User comment

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王彦博
more than one year
FXDD es una forex estafa completa. Después de comerciar y obtener algunas ganancias, felizmente se prepara para retirar para darse un capricho, solo para que le digan que por alguna razón necesita invertir más dinero para retirar... por lo que sigue atrayéndolo para transferir fondos, y finalmente rechaza su retiro.
FXDD es una forex estafa completa. Después de comerciar y obtener algunas ganancias, felizmente se prepara para retirar para darse un capricho, solo para que le digan que por alguna razón necesita invertir más dinero para retirar... por lo que sigue atrayéndolo para transferir fondos, y finalmente rechaza su retiro.
Translate to English
2022-11-21 18:04
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FX1161189448
6-12months
何度も何度も出金申請してもずっと出金がされないまま勝手に資金が0になり… ついにログインすら出来なくなりました。 問い合わせしても何もかえって来ません。 残念な事に証拠の写真なども残していなかったので何もできません。
何度も何度も出金申請してもずっと出金がされないまま勝手に資金が0になり… ついにログインすら出来なくなりました。 問い合わせしても何もかえって来ません。 残念な事に証拠の写真なども残していなかったので何もできません。
Translate to English
2024-09-20 23:45
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60