FXDD vs GC Option

FXDD vs GC Option Comparison Table 2024
FXDD GC Option
4
3.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

Customer Reviews
3
Bonus Offer
Available in Mauritius, Labuan, Peru Risk Free Trading Days
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." "Binary options traders who favor the MetaTrader 4 platform should try out GC Option. The double-touch contracts and selection of expiry times offer a good range of trading opportunities."
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
  • MetaTrader 4 and proprietary WebTrader platforms
  • Spin-off brokerage of reputable Grand Capital
  • Low minimum deposit requirement of $10
  • Double-touch binaries available
  • 30 popular trading assets
  • No commission fees
  • Free demo account
  • Payouts up to 86%
  • 24/7 live chat
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
  • Poor regulatory oversight reducing safety score
  • Withdrawal fees for some payment methods
  • Limited educational resources
  • No binaries on stocks
  • No copy trading
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
Instruments
Forex, CFDs, Indices, Stocks, Commodities Binary Options on Forex, Metals and Cryptos
Demo Account
Yes Yes
Minimum Deposit
$200 $10
Trading Platforms
  • WebTrader
  • FXDD Mobile App
  • MT4
  • MT5
  • MT4
  • TradingView
Payment Methods
Credit Card, Wire Transfer, Visa, Mastercard, Neteller, Skrill & other PSP providers depending on the region.
Minimum Trade
0.01 Lots $1
Regulator
MFSA, FSC, LFSA, SBS
Margin Trading
Yes No
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 No
Spot Trading
No No
Mobile Apps
Yes iOS, Android + Huawei
App Review

Similar to most binary brands, GC Option doesn’t offer a stand-alone app. Instead, you can make short-term trades directly through mobile browsers. The mobile trading environment is average – charts are a little fiddly to use effectively. Ultimately, it’s fine for account management, but it doesn’t compete with industry frontrunners.

Android App Rating
3
iOS App Rating
3
Auto Trading
Expert Advisors (EAs) on MetaTrader. Entity dependent. Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
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
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • INR
  • MYR
  • IDR
  • NGN
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. Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app.
GBPUSD Spread
0.4 Variable
EURUSD Spread
0.5 Variable
EURGBP Spread
1.6 Variable
Assets
90+ 25+
Cryptocurrency
Crypto trading not offered Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.
Spread
Variable
Coins
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.
Payout
86%
Expiry Times
1 minute - 48 hours
Ladder Options
No No
Boundary Options
No Yes
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