FXDD vs Binance
FXDD | Binance |
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4
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3.5
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.
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FXDD is an established forex and CFD broker founded in 2002. Regulated in Malta, Mauritius, Peru and Malaysia, the broker provides secure trading platforms, competitive ECN spreads and reliable 24/7 customer support. Competitive pricing and ultra-low latency is also offered via the broker's Direct Market Access execution model and tier 1 aggregated liquidity. |
Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives. |
Customer Reviews | |
3
Based on 2 FXDD customer reviews
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Bonus Offer | |
Available in Mauritius, Labuan, Peru | |
Comment by Reviewer | |
"FXDD remains a popular choice for experienced traders looking for reliable VPS hosting and automated trading tools. It will also serve any traders familiar with the MetaQuotes software, with both MT4 and MT5 on offer." | "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, Indices, Stocks, Commodities | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$200 | $0 |
Trading Platforms | |
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Payment Methods | |
Credit Card, Wire Transfer, Visa, Mastercard, Neteller, Skrill & other PSP providers depending on the region. | |
Minimum Trade | |
0.01 Lots | $10 |
Regulator | |
MFSA, FSC, LFSA, SBS | |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
Yes | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | Yes |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader. Entity dependent. | |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
Yes | No |
Account Currencies | |
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Commodities | |
CFD Trading | |
Traders can access CFDs across forex, indices, commodities and stocks. There are no restrictions on short-term strategies, which is good news for scalpers and algo traders. There’s also an excellent range of free tools on offer, including a custom price ticker. | CFD trading not offered |
Leverage | |
1:500* Leverage varies depending on the region | |
FTSE Spread | |
2.30 | |
GBPUSD Spread | |
0.4 | |
Oil Spread | |
6.0 | |
Stocks Spread | |
Variable | |
Forex Trading | |
FXDD continues to offer a leading selection of 90+ currency pairs with ECN pricing. Spreads are decent, coming in at 0.4 pips for EUR/USD during testing. That said, these quotes aren’t as narrow as top competitors like Pepperstone. | Forex trading not offered |
GBPUSD Spread | |
0.4 | |
EURUSD Spread | |
0.5 | |
EURGBP Spread | |
1.6 | |
Assets | |
90+ | |
Cryptocurrency | |
Crypto trading not offered | Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace. |
Spread | |
Variable fees with account tiers | |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
More Comparisons | |
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