FXDD Account Type

　　FXDD offers two main types of trading accounts: the Standard Account and the ECN Account. Both account types cater to different trading styles and preferences:

• Standard Account:
• Minimum Deposit: None required.
• Spreads: Extremely low spreads starting from 0.2 pips.
• Commissions: Commission-free trading.
• Execution: Lightning-fast order execution with a "fill-or-kill" strategy, ensuring no partial fills.
• Features: Price improvements available on limit orders.
• ECN Account:
• Minimum Deposit: None required.
• Spreads: Raw spreads without any markup.
• Commissions: Competitive trading commissions, e.g., $0.0299 per 1,000 for major pairs.
• Execution: Very high execution speed with a fill rate exceeding 99%.
• Features: Price improvements available on limit orders, no partial fills.

　　Both accounts support trading across various instruments including forex pairs, metals, energies, indices, cryptocurrencies, and stocks. The maximum leverage offered is up to 1:500.

　　

FXDD Broker Account Opening Process

　　Opening an account with FXDD is straightforward and can be completed in a few simple steps:

• Provide Necessary Information:
• Visit the official FXDD website and click on "Open a Real Account."
• Fill in personal details including first name, last name, date of birth, country of residence, phone number, and email.
• Create a secure password and accept the terms and conditions.
• Submit Personal Documents:
• Upload a valid photo ID and a document (e.g., utility bill) issued within the last 6 months to verify your country of residence.
• Verification:
• FXDD will assess your trading experience and knowledge through a questionnaire.
• Verification typically takes 24 to 48 hours.
• Start Trading:
• Once verified, you can fund your account and start trading using the available platforms, including MetaTrader 4 and 5, WebTrader, and FXDD Mobile.
• Inactivity Fees:
• Be aware that if your account remains inactive for over 90 days, FXDD may charge an administrative fee ranging from $40 to $70 depending on the duration of inactivity.

　　This process allows traders to quickly set up and start trading in a secure environment.