Welcome to FXDD Journal


Journal status: live
FXDD actively participating | not yet

FXDD profile

  • Website: http://www.fxdd.com
  • Year founded: 2002
  • Headquarters: Malta
  • Dealing type: MM, STP, ECN pricing
  • Minimum deposit (MM account): $ 1
  • Minimum deposit (ECN account): $ 1
  • Full listing profile: FXDD broker profile

Is FXDD safe?

  • Investor protection: Investor Compensation Scheme (Malta)
  • Regulation: FSA Malta, FSC Mauritius, CONSOB Italy, CNMV Spain, KNF Poland
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FXDD trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • FXDD website: semi-detailed, updated ★★★
  • FXDD popularity (by visitor count): average ★★★

How FXDD works

FXDD deals as principal acting as the counterparty to most of its clients’ trades, which places a huge trust on the Firm to offer the best execution to its clients. FXDD executes clients’ orders at the best price offered by our credited Liquidity Providers. The system is set to automatically select the best available price and show it to the clients on our online platforms. FXDD considers ‘price’, ‘cost’ and ‘speed’ as highly important execution factors, and other execution factors such as size and likelihood of execution having relatively lower importance.

Execution Venues

FXDD provides two types of execution venues. Primarily, FXDD operates as a principle which means that the Company is the counterparty of client transactions.

In rare circumstances, the Company also operates as an agent whereby client transactions are received and transmitted to other reputable liquidity providers.

FXDD receives raw price data for all trading instruments from its Liquidity Providers (“LPs”) and Data Providers such as regulated markets, multilateral trading facilities (MTFs), executing brokers, etc.

https://assets.ctfassets.net/l6zxjz2hffuo/60s3Klsu2FrzkuvdgCBiuy/09a2c87932290446d3ccb0dd807d17c0/RTS_27.pdf

Execution venue for Forex standard accounts - FXDD MALTA Ltd (91%), Pro accounts - FXDD MALTA Ltd (70%). The rest - LPs.

https://assets.ctfassets.net/l6zxjz2hffuo/71JawDUjunJkdQO9sBIZVj/3ee2be165bba815a4567ea5d2ecb7dd6/RTS_28.pdf
‡Customer may qualify as a Professional client and be entitled to a higher leverage of 1:100 (on MT4)

https://www.fxdd.com/mt/en/trading/accounts

Investor Compensation Scheme

The Investor Compensation Scheme administered by the Malta Financial Services Authority (MFSA), the Maltese regulator, provides limited protection for certain classes of investors. FXDD Malta Ltd. Contributes to this scheme annually and in the event it becomes insolvent, its customer are afforded protection. FXDD Malta’s customers will be eligible for compensation of 90% of their investment up to a maximum limit of €20,000. Professional Clients or Eligible counter parties are not eligible for compensation as they fall out of the scope of the Investor Compensation Scheme which was set up as a protection for retail customers. Negative Balance Protection

FXDD Malta Ltd, provides clients with the benefit of Negative Balance Protection at its own cost which means that any client trading losses cannot exceed the available funds in the client accounts and client account balances will never become negative.

https://www.fxdd.com/mt/en/about/regulation

FXDD is the main execution venue as described above, and it acts as the principal counterparty to its clients’ trades.

https://www.fxdd.com/mt/en/rts-28

Negative Balance Protection

FXDD offers all retail clients negative balance protection. This means that clients will never lose more than their invested capital.

Conflicts of interest disclosure

FXDD is the main execution venue as described above, and it acts as the principal counterparty to its clients’ trades. However, in rare cases FXDD acts as an agent and transfers its trades to a reputable counterparty.

https://assets.ctfassets.net/l6zxjz2hffuo/60s3Klsu2FrzkuvdgCBiuy/09a2c87932290446d3ccb0dd807d17c0/RTS_27.pdf

True Direct Market Access with aggregated liquidity streams from Tier 1 Banks and ECN’s as well as Non-Bank LP’s for Best Price generation.

https://www.fxdd.com/mt/en/liquidity

ECN

Our raw direct spreads have no markup and a very small commission cost per trade. This ECN style pricing is test tradable with high-speed execution and a high fill rate over 99%.

https://www.fxdd.com/mt/en/trading/accounts

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