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FXDD, a prominent online trading broker, was founded in 2002. The company has established itself as a significant player in the forex and CFD trading space, providing traders with access to a wide array of financial instruments. FXDD operates under a business model that focuses on offering interbank market maker prices to its clients, allowing them to take trading risks while the company facilitates trades at competitive prices.
FXDD is owned by Triton Capital Markets Ltd., which operates under the regulations of the Malta Financial Services Authority (MFSA). This ownership structure allows FXDD to maintain a clear separation between trade execution and its trading activities, fostering a more transparent trading environment for its clients.
The company is headquartered in Valletta, Malta, specifically at K 2, First Floor, Forni Complex, Valletta Waterfront, Floriana, FRN 1913, Malta. This location positions FXDD strategically within the European financial landscape.
FXDD serves a global clientele, offering trading services to clients across various regions, including Europe, Asia, and the Middle East. The broker has a robust presence in the forex market, catering to both individual and institutional traders.
FXDD is primarily regulated by the Malta Financial Services Authority (MFSA) and is also registered with the Financial Services Commission (FSC) in Mauritius. These regulatory bodies ensure that FXDD adheres to strict financial standards and provides adequate protection for client funds.
Since its inception in 2002, FXDD has achieved several key milestones that have contributed to its growth and reputation in the trading industry. The broker has continually evolved its offerings, adapting to changing market conditions and technological advancements.
FXDD has expanded its operations beyond Malta, establishing a presence in the United States and other international markets. This expansion has allowed the broker to cater to a diverse range of clients and adapt its services to meet varying regulatory requirements.
Over the years, FXDD has grown its customer base significantly, boasting over 450,000 accounts as of 2023. This growth reflects the broker's commitment to providing quality trading services and support.
FXDD has invested in developing robust trading platforms, including the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its proprietary web-based platform, FXDD WebTrader. These platforms have been designed to meet the needs of both novice and experienced traders, offering advanced charting tools and automated trading capabilities.
FXDD has received several awards and recognitions over the years, including accolades for best customer service and being recognized as one of the most transparent brokers in Europe. These awards highlight FXDD's commitment to excellence in customer support and regulatory compliance.
FXDD provides access to a wide range of forex trading options, offering over 55 currency pairs. This extensive selection allows traders to engage in various trading strategies and capitalize on global market movements.
The broker also offers trading in stocks, providing clients with access to around 46 different stock CFDs. This option enables traders to diversify their portfolios beyond forex trading.
FXDD offers a variety of Contract for Difference (CFD) products, allowing traders to speculate on price movements across various asset classes without owning the underlying assets. This includes CFDs on indices and commodities.
In addition to forex and stock trading, FXDD provides access to cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, as well as commodities such as gold and oil. This diverse range of financial instruments caters to various trading preferences.
FXDD offers several unique advantages, including negative balance protection, ensuring that clients cannot lose more than their deposited funds. The broker also provides access to advanced trading tools like Autochartist and VPS hosting for traders who require reliable performance for automated trading strategies.
FXDD operates under the following regulatory bodies:
FXDD operates through different legal entities based on the jurisdiction:
To ensure client fund safety, FXDD maintains segregated accounts for client deposits, which means that clients' funds are kept separate from the company's operational funds. Additionally, the MFSA provides an investor compensation scheme, offering clients protection up to €20,000 in case of broker insolvency.
FXDD serves clients globally, with a focus on Europe, Asia, and the Middle East. However, it does not accept clients from certain countries, including the United States, the United Kingdom, and Russia, among others.
FXDD has maintained a relatively clean compliance history, adhering to the regulations set forth by its regulatory bodies. The broker has faced scrutiny in the past but has taken steps to improve its operations and ensure compliance with industry standards.
FXDD competes with several notable brokers in the industry, including:
FXDD positions itself as a reliable broker with a focus on transparency and customer support. While it may not be the largest broker in terms of trading volume, its commitment to client service and regulatory compliance sets it apart in the competitive landscape.
FXDD differentiates itself through its:
In conclusion, FXDD has established itself as a reputable broker with over two decades of experience in the financial markets. With a commitment to regulatory compliance, a diverse range of trading services, and a focus on customer support, FXDD continues to attract traders from around the world. For those interested in exploring FXDD's offerings further, learn more.