March 2012: There is a very serious issue going on between an FPA member and FXDD. It appears that FXDD is taking legal action against a trader and claiming that the trader somehow forced FXDD to accept prices that were not real. Click here to read about it. The FPA emailed FXDD about this issue on March 16th and is still awaiting a response.
This issue has resulted in a guilty verdict in the FPA Traders Court. Click here to see the case.
The FPA recommends EXTREME CAUTION dealing with this broker.
|Minimum Trade Size:||0.01|
|Minimum to Open Live:||$1|
|Address:||K2, First Floor, Forni Complex, Valletta Waterfront Floriana, FRN 1913, Malta|
|Contact:||email@example.com, (+356) 2013-3939|
|Regulators:||MFSA #IS/48817, FSC Mauritius #C117017252|
|Trading platforms:||MT4, MT5, WebTrader|
|Web Trading:||✅ Yes|
|Mobile Trading:||✅ Yes|
|Cryptocurrencies:||(5+) Bitcoin, Litecoin, Ethereum|
|CFD:||(30+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities|
|Deposit Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, UnionPay|
|Withdrawal Methods:||Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, UnionPay|
fxdd play in charts and accounts
The story started that they hit Stop for two deals with a profit and they were deducted from the account
They faced denial
And when I pressured them because they closed the deals, forcibly, and she was happy that he was doing well, and they promised me a compensation of 250 dollars.
Then I found out that it was a bonus and not real
I would like to withdraw my money, they do not respond to me and they do not respond.
Lousy customer service
Moreover, they have a bank account in Bank of Valetta (Malta).
I have initiated contact with MSFA for claiming, anyone have experience with the procedure?
But in some introducing broker's websites and affiliating websites for Asia, the information about "FXDD Global" is written. So Asian people may misunderstand as if "FXDD Trading" was run by "FXDD Malta", and "FXDD Bermuda" was regulated by MFSA.
In addition, some websites are showing the services and credit card brands which customers cannot actually use at "FXDD Trading", as if they were available.
To be frank, this is terrible. Asian should be careful not to be deceived.
Application for Withdrawal was sent on 22 April. So far the money has not been credited to my account. FXDD my questions answered nothing clever. They only say that the money is sent, and do not provide evidence.
The case was sent to mfsa and NFA (the bill was sent through the IB, NFA Member (BBFX))