Top FXDD Alternatives

FXDD provides foreign exchange trading to retail and institutional clients through third party proprietary and trading software like MetaTrader 4, Mirror Trader, J Forex, and MetaTrader 5. It is a US-based firm that started in 2002.

Tools for trade

Numerous myths have taken over the market about how one needs to glue their eyes to the PC screen to be able to trade. Fortunately, this myth has remained what it is – a myth. FXDD provides users the opportunity to trade through Windows, Mac OS, Android, and iOS platforms. So, what tools do you need for a trade? Any electronic device running on the above-mentioned operating systems.

What’s the Plan?

FXDD offers users to trade through two different plans, titled as – Standard Pricing, and ECN Pricing.

Standard Pricing plan is usually chosen by self-directed traders, who are offered low standard spreads without any commission with guaranteed zero slippage on entry orders, and fill or kill execution with no partial fills.

ECN Pricing plan is usually chosen by seasoned traders who are offered everything better from Standard Pricing plan, which includes – ultra-low spreads, high-speed execution, and a high fill rate (over 99%), but all this comes at a price or commission, which is too less in itself and can be checked for different currencies on your trading platform.

Other tools

FXDD is not only about trading through trade platforms, they also help users in developing their knowledge towards trading in general by hosting online webinars which teach trading, by providing tools like - Trading Calculator, Virtual Private Server, Customer Portal, Trading Guides, etc., and also provides market data which includes Economic Calendar, Metatrader 1-Minute-Data, and Pricing (full list of pricing and swap rates)

Conclusion

FXDD has made an established image in the market regarding foreign exchange trade. Going through their plans & provided tools, we can conclude that they are the right choice for any enterprise getting involved in foreign trade rather than small retail because ECN Pricing is more beneficial than the Standard one. All in all, it’s one of the good services and highly recommended.