FXDD Review

[Dargib]

I an interested in hearing the good and the bad about FXDD. I have a young live account and haven't experienced any problems but would like to hear from others.

[Babysteps]

Hello,
I'm also new with forex and do some search and talk with sopport desk to see what they say and how they r helpfull.

Fxdd very helfull live suport and sales,
1-Platform:MT4
2-To open account u need :500$
3-Leverage 200:1 and 100:1 "As you like they change for you"U cann't do it manually

4-Lots size:min or 0.10 as you like you can on ur platform "10000$-1000$"
5- they transfering ur profit to you bank account for free no charge
"someothers ask for 15$ fee for each transfer and only 1 time/month

Rollover :EUR/USD Buy Position 2.75 - Sell 4.85
if you were long EURUSD, with a 1.00 lot order, you would have recevied a $2.75 credit, if you were short, you would have been debited $4.85

spread:EUR/USD 2 pip

There is also Oanda and Alpari with good feedback from some guys here
But both have no live support on thier web site
Anyone have live experience with Fxdd will be cool tell us about it

Thanks

[dobro]

Babysteps:
I have both demo and live accts with Oanda and they have Live Chat or telephone support except late Fri aft. to 3pm Sun. And EUR/USD spread is 9/10th of a pip except around news time and weekends. d

[garyd69964you@yahoo.ca]

Hi Guys, in regards to FXDD, i have been with them for one year now and i must say that they are great - customer support, no illegal activity, and great to trade with. thanks.
Gary

[HighFlyer]

I have been with FXDD for about 2 months now. I have heard a lot about wild spreads during news times but I don't trade the news so it doesn't really affect me. The only complaint I have is that when I withdrew $300 they sent it to my paypal account which I then sent to my CDN bank account. With fees and exchange the $300USD turned into $245CDN which was a bit of a shock.

I've also noticed that my trades seem to take off immediately in the opposite direction when I place them. I'm not sure if their dealing desk has anything to do with this but I have noticed that there is usually a 1 or 2 pip difference in their favor when I check quotes from other sources. Of course it just could be my bad luck. I'm actually thinking of starting a forum where I place my trades and everyone could just place the exact opposite trade and they could make money. Of course I wold need to take 10% commission or so on all profit for the month.

[Trade It]

Thats funny highflyer. Why not a 25% commission? LOL. I was hoping more people would comment on FXDD. I am looking into them.

[pipcrazy]

I have been live trading with FXDD for a few weeks and have no complaints up to now. All emails are answered quickly and customer service although rather brusque give me the answer I need fast.

I previously demo traded too which was fine.
I must say though that it is my 1st live trading account so I have nothing to compare it to.

[dobro]

I would like to trade Ash's Daily and he says to use FXDD only, something about the way they do or don't use weekend information (I don't remember the exact reason.) I had no problems with demo, which has now expired, but they are not registered with the NFA or CTFA (?). I emailed their marketing desk and as yet I have not received an answer. No way to judge their capitalization or if they will conform to the now $10mil and next year $20mil capital requirement. As forexsavior has preached in each of his postings, do your due diligence.

[The_Snowman]

The chart pretty much explains it; the problem that is, not why it happens, as this is not the first time? In fact I had another trade on the EUR-USD at the same time as this and it did not act on the Take Profit either............

[picklink]

Originally Posted by The_Snowman

The chart pretty much explains it; the problem that is, not why it happens, as this is not the first time? In fact I had another trade on the EUR-USD at the same time as this and it did not act on the Take Profit either............

Snowman, I bet you that these "accidental" mishappenings due to some bull**** "volatility" excuse always happen in their favor. It´s like the restaurant that overcharges. It´s true, it can be a mistake, but at least in my life experience, 80% of those restaurant "mistakes" have happened in their favor.

If they have the balls to do this on a demo account, I cannot imagine what kind of sangria they can do on a live one.

I have never had a live account, but looking at these kind of things, it really brings me down in terms of opening an account. I know some people will tell me, open a $100 account ot get a feel of it. It´s not that I cannot survive with those $100, it´s that I really hate if i lose them to some mf that is just cheating on me.

I prefer to get drunk with the 100$ than to burn it that way.

Who knows, maybe one day someone will recommend me an honest MT4 broker, and then I´ll take that first step.

I have a dream...that one day there will be a broker who does not cheat.