FXDD vs Fondex

FXDD vs Fondex Comparison Table 2024
FXDD Fondex
4
Fondex has closed.

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.

Fondex is an award-winning forex and CFD broker with industry low trading costs.

76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customer Reviews
3
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."
Pros
  • The broker's Trading Central integration offers daily fundamental market analysis, automated chart pattern software and market insights newsletters
  • FXDD is highly accessible for beginners with just a $1 minimum deposit to get started, plus cent, mini, micro and demo accounts
  • The broker offers VPS accounts for algo traders and experienced traders looking to run complex automated strategies
  • MAM and PAMM accounts are available for those who want to manage trader portfolios and earn commissions
  • The broker is regulated by various authorities that offer investor compensation and negative balance protection
  • The broker offers responsive 24/5 multilingual customer support via telephone, email and live chat
  • Full range of investments
  • Multiple account currencies
  • Multiple payment methods
  • Low minimum deposit
  • Copy trading
  • Demo account
  • Regulated
Cons
  • A $40 inactivity fee applies to accounts that have been dormant for more than 90 days, which is much higher than the $10 charged by many competitors
  • Withdrawal fees apply for more than one payment per calendar month, which is particularly punitive for active traders
  • There's a $25 withdrawal fee for payments under $100, which is steep and will impact beginners and casual traders
  • FXDD offers around 150 instruments - a narrow range compared to the hundreds offered at most top brokers
  • The broker's market insights section is outdated and trails leading competitors
  • No MT4 integration
Awards
  • Most Transparent Broker in Europe 2022 - ForexRating.com Awards
  • Most Trusted Broker - The Forex Expo Dubai 2021 Awards
  • Best Forex Broker - The Forex Expo Dubai 2020
  • Best Regulated Forex Broker - Saudi Money Expo 2018
  • Best cTrader Broker, 2020
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
Instruments
Forex, CFDs, Indices, Stocks, Commodities Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$200 $0
Trading Platforms
  • WebTrader
  • FXDD Mobile App
  • MT4
  • MT5
  • cTrader
  • AutoChartist
  • TradingCentral
Payment Methods
Credit Card, Wire Transfer, Visa, Mastercard, Neteller, Skrill & other PSP providers depending on the region.
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, FSC, LFSA, SBS FSA, CySEC
Margin Trading
Yes Yes
STP Account
No Yes
ECN Account
No Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader. Entity dependent. Yes (cBots)
Copy Trading
No Yes
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors.
Social Trading
Yes No
Trade Signals
Yes 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
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
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. Fondex offers leveraged CFDs on a wide range of popular financial markets.
Leverage
1:500* Leverage varies depending on the region 1:500
FTSE Spread
2.30 1.8
GBPUSD Spread
0.4 0.8
Oil Spread
6.0 3.4
Stocks Spread
Variable From 0.01
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. Fondex offers trading opportunities on 80 currency pairs, including majors.
GBPUSD Spread
0.4 0.8
EURUSD Spread
0.5 0.45
EURGBP Spread
1.6 0.56
Assets
90+ 80+
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered Trade cryptocurrencies on the cTrader platform.
Spread
From 0.5 pips
Coins
  • BTC
  • XRP
  • ETH
  • LTC
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Fondex has closed.
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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