Wednesday

FXDD Review

There are many pretense accusing FXDD done by FPA, though it is considered as one of the greatest brokers in Forex Market. Many of which are searching for flaws to throw FXDD with, like that reviewed by Actual Trader from USA:

"OK an update on FXDD.

Have you tried the FXDD customer service lately? .... better that you not. They are in a rush. Don't answer questions properly. I am surprised they have a customer service department. They would be better off without one. Atleast traders will know what they are getting.

Closing out my account!

2008-01-30 1 Star Each time I trade with FXDDit seems like I have trouble. When you sit on the screen and don't trade FXDD seems to be a good broker. charts are great and MT4 never goes down.

But when you start trading things that are hidden come to surface.

In this post I would like to address SLIPPAGE. Even on very small lots... mini there is slippage of 1-2 pips on a EUR/USD pair. Keep that in mind and then you will know how FXDD will be treating you once you move (that is IF) you trade exotic pairs and/or bigger lots.

That's why I have to give FXDD ONE STAR!!"
Whereas at the same time there appears good reviews like that done by SOTBtrading:
"I have tried several brokers and have found them to have consistant slippage or other complications. With FXDD what I click is what I get. They have always deposited and withdrawn my funds the fastest of any broker I have tried.

Low spreads and MT4 makes it a good place for serious traders to end up. The spreads do widen at news times for a few moments and then normalize. To be expected, you can't jump a frieght train going 70 miles per hour without losing an arm.

You're not able to place limit orders and stops very close to spreads. If their market orders were not honored then this would be a problem. I have traded with them for a few years now get what I click for price.

Should be higher on the list than it is. Customer service is very knowledgable and helpful. I have had them credit my account when it was their fault and it went against me. That was once in 2 years and they credited my account the loss within a day."



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