Score

2.30 /10
Danger

FXDD

Suspicious Regulatory License

MT4/5 full license

Regional Brokers

High potential risk

Influence

A

Better than 76.5% brokers
Comparison
Website

Score

License Index0.00

Business Index6.96

Risk Management Index0.00

Software Index9.28

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

A

Better than 76.5% brokers
Website
Comparison

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+1 (212) 720-7200

Broker Information

More

Company Name

FXDD GLOBAL

Company Abbreviation

FXDD

Platform registered country and region

Malta

Company website

Twitter

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2022-10-03
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 30 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Scam

Induced Fraud

FXDD is a fraud broker. At first, they said I should be upgraded to Gold VIP. While I can't withdraw funds after fulfilling the upgrade without three times of the turnover. But no one told me about these requirements before!

2021-04-07 11:28
Others

The platform has an error, but does not admit it

Last Friday, June 10, 2022, I found out that the FXDD platform showed that the selling inventory fee of Aomei was 173 US dollars, and the buying inventory fee was -5 US dollars. Take the overnight inventory fee. June 13, 2022 is this Monday, I sold all the up and down orders in Australia and the United States, with a profit of $769.54. At the same time, it was found that the trading varieties on the platform on the 13th showed that the selling inventory fee was more than 177 US dollars, so I continued to buy and sell Australia and the United States to hedge their holdings. But that night, it was discovered that the platform had cancelled the inventory fee. I hurriedly contacted the agent, and was told that it was a system settlement error and an accident, but I had to bear the loss myself. Because FXDD has handling fees and spreads, there is no inventory fee, causing me to lose thousands of dollars. This situation is clearly caused by a mistake on the platform, otherwise I would not have carried out the operation of Australia and the United States. I went to the platform agent to investigate the loss, and the platform agent said that it would be good if I didn't pursue my profit on Friday, which was very annoying! I hope that through the eyes of the sky can help me stretch kilometers and justice, and help me recover my losses! In addition, it was added that FXDD had multiple chucks, which also resulted in losses.

2022-06-14 07:57

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Taipei
    • 948***
    • EURUSDp
    • 07-12 04:10:08
    • Washington
    • 271***
    • EURUSDp
    • 07-12 04:15:37
    • Shanghai
    • 657***
    • EURUSDp
    • 07-11 16:10:49

    Stop Out

    2.69%

    Stop Out Symbol Distribution

    6 months

    News

    NewsWIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

    As Millennials and Generation Z now make up the majority of traders, with much greater emphasis on diversification, pure FX platforms are becoming an endangered species.

    WikiFX
    2022-06-22 14:22
    WIKIFX REPORT: FXDD LAUNCHES TRUE MULTI ASSET OFFERING ON MT5 TO COMBINE FX WITH WALL STREET

    NewsWIKIFX REPORT: FXDD Launches an Industry Game Changer

    The company has closed the chasm that has existed between the OTC market and Exchanges.

    WikiFX
    2022-06-22 12:29
    WIKIFX REPORT: FXDD Launches an Industry Game Changer

    NewsFXDD Parent Posts $5.1M as Q4 2021 Revenue, Losses Deepen

    The company ended the quarter with $1.94 million as a net loss. It gained stakes in several companies last year.

    WikiFX
    2022-02-16 15:20
    FXDD Parent Posts $5.1M as Q4 2021 Revenue, Losses Deepen

    NewsFXDD Parent Reports Marginal Gain in Q2 Revenue, Ends in Loss

    The slight revenue gain came from the company’s crypto-fiat conversion services.

    WikiFX
    2021-08-18 10:39
    FXDD Parent Reports Marginal Gain in Q2 Revenue, Ends in Loss
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    Official Email:support@wikifx.com;
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