FXDD 

Category: Forex Broker Reviews
http://www.fxdd.com
Average user rating from: 10 user(s)

Broker Rating
1.3
 

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February PROMOTION
FOREX JUSTICE SPOTLIGHT ARTICLE

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User reviews
SCAM
Saturday, 01 January 2011

Written by willa, from United Kingdom

they system freze and is not let you going in yhe price you choice they entry price is differernt from the price the i want to enter they used to be good but now they system is not working well i transfer all my money to different broker
Sunday, 17 January 2010

Written by fblok from France

reading the comments some things I recognized. I was often stopped out within 1 or 2 pips from my stop loss with a green or red bar suddenly peaking. Also I encountered "position closed due to stop out" various times and then also the market turned around, not to mention the various messages delaying the opening of a position: please wait, requote, do you really want to...
They are a direct dealer and are thus opposed to your position and interested in your loss. I think we somehow must accept that a big part of the Forex market is rigged, a small player must be very careful, always place stops but, if possible, mental stops (which means staying in front of your screen...) and adhere with discipline to a system. I am still with FXDD(they provide free access to the TOPGUN software which I think is among the best there exists)but if
I find another broker which gives me more confidence I will probably change.
Monday, 14 September 2009

Written by Haalpip from Sweden

I have used this broker from March 2009 and from beginning everything was fine. Now the spreads are to high and it´s difficult to close trades, when it´s profitable for me. Can´t reach them properly sometimes and there is also slippage when closing. It´s easy to loose money here when there are some small problem occurs now and then. If I shall continue here they have to change attitude and spreads. I also have other brokers to compare and all of them are much better then this one. I give 2 stars as their support are working at least and answer are coming to request. After 3 contacts I had answer within an hour 2 times but 3rd time it took 10 hours and I also got answer from different person on the same question, of cause with a time delay.
SCAM
Tuesday, 30 June 2009

Written by janice from Malaysia

SCAM, they are stop hunter, i got stop few times before my price and then the market moves back in the direction i bought, i compared the price with 3 others broker and their price is way off with the other 3 which has the similar price. Stay away, i think they do even get prices from the bank, their only manipulated the platform and design to let u loss money, when u are in profit, u will always get price reject!
only invest if u have too much money dunno where to burn.
SCAM
SCAM
Friday, 19 June 2009

Written by James from Malaysia

SCAM!!!!
This is total bullshit. I was buying gbp against usd and was having 700usd profit and suddenly my platform hangs and when i reopen my platform, my order disappear!! i recheck with my trading history and record and it wasnt seen anywhere. i talked to the customer support but they said i havent open any transactions for the day! i talked to my Service center in Penang and they wasnt helpful at all. this wasn't the 1st time either. i had several times that the platform close my transactions when i was in negative even my margin level is still high. i didn't even set stop loss! i complaint few times but all responses i get is they are going to review the matter but i never get any compensation and the matter still exist! That's IT~! i'm done with this this company! now that i request my withdrawal, only they start to persuade me. when i insist, they said my case is special, it might take few weeks to get my withdrawal.
What the heck?! I tried a few platform before but this is the worst i encountered so far!
STAY AWAY!
Tuesday, 17 February 2009

Written by TS from USA

The worst of any I've used live, the stop hunting is all too obvious. Pure and simple frauds.
Tuesday, 27 January 2009

Written by Simon from Austria

Lost all my money here. I don't trust them
SCAM
Friday, 05 September 2008

Written by Serious Trader from United Kingdom

PURE SCAM!!! I was making some serious money in the last 3 months and today somehow all my positions are closed out. I never put a stop loss on these trades but they have been closed out anyway and not because of any margin, I bloody well had over 100,000 pounds and they have closed them out, obviously they don't like profitable traders and have demanded my money back. Some word of advice, stay as far away from these guys as you can.
Thursday, 07 August 2008

Written by Syeed from Singapore

Good broker and their service is excellent. Had my account since 2007 and no problems to report, sometimes a technical issue might come up but that is about it and they are very helpful in fixing this for me.
Thursday, 17 July 2008

Written by Dennis from USA

I'm rather new at Forex but so far, FXDD has been just fine.
The only reason I didn't rate a 5 was that the money transfer is a little long ( 3 days ). They could be a little faster. The site is easy to use, their statements are always accurate and timely.


 

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