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[Erick Prabowo]

Dear Trader FX,

I've sent redemption form at FXDD at 28 Oct, but 'till now I don't have accepted my redemption in my bank account, I ask them, and they gave me the answer that they have migration system so could failure transfer into my bank account, they've promised from one of their operator that my redemption will accepted today on my timezone (GMT +7:00), but the reality, I still don't have accepted my redemption from them until now, I've confused why could this happen, and almost two weeks I still wait for my redemption. Maybe one of you have same problem with me? Thank you.

[wayhuck]

Originally Posted by Erick Prabowo

Dear Trader FX,

I've sent redemption form at FXDD at 28 Oct, but 'till now I don't have accepted my redemption in my bank account, I ask them, and they gave me the answer that they have migration system so could failure transfer into my bank account, they've promised from one of their operator that my redemption will accepted today on my timezone (GMT +7:00), but the reality, I still don't have accepted my redemption from them until now, I've confused why could this happen, and almost two weeks I still wait for my redemption. Maybe one of you have same problem with me? Thank you.

Excuse me, but where did you sent the form?
I hope you didn't sent them to their customer support. Because their official address for fund redemption is sales@fxdd.com

Have you ask your bank about it? Lastly which country is your bank account in and did you provide a SWIFT code?

You see, the bank need to convert it before crediting your account. It could take up to 8 working days, which are calculated only on business day.

Try to contact FXDD if your problem has not been solved. If not, tell me your account number and I'll do something about it.

I don't think they will scam. Even though their registration with NFA are pending, many of the principals has already been approved. Which means if FXDD scam, these people are tied up and done for. Besides their main company is the 3rd largest company in brokerage service worldwide and 1st in Asia Pacific. If you have problems, there could be corrupted employees. File a complaint to NFA then.

Regards

[ernest8fingers]

Anyone know just how long Fxdd's NFA registration has been "pending"? Just curious how long NFA registration process takes?

[wayhuck]

Originally Posted by ernest8fingers

Anyone know just how long Fxdd's NFA registration has been "pending"? Just curious how long NFA registration process takes?

The pending status will only change into approved when all principals has been approved. Many principals / shareholders are already approved. But some are still under approval.

So FXDD approval depends on these people. So far I've seen progress in approval. It should be 4 months to 1 year. It's very long process especially when you need to approve the principals one by one. Work load also affects the time needed.

[sam111]

I used Demo with an EA and i was very much impressed with the performance of it in the first week. i was so happy that all of a sudden i opened a live account with them and lost 2000 dollars. i lost them because of my stupidity. but my broker too is responsible equally. they are not regulated even but that is not an major issue.

[Mark Harding]

I posted a positive review of FXDD a few months ago, but it was deleted after a couple of days.

All the reviews that remain are negative.

I am very disappointed at this breach of integrity by Forex Peace Army. I have used and much appreciated the reviews to navigate the mine-field of brokers, but I now feel that the integrity of the editorial process can't be trusted, and that the review results are slanted.

Damn !