Blitzbrokers
fxdd
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Overview
Blitzbrokers was founded in 1982 and is headquartered in Hong Kong, while fxdd was established in 2010 and is based in Belize. Blitzbrokers holds licences including Securities and Futures Commission (SFC), while fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission among others. Blitzbrokers serves 10,000+ clients worldwide; fxdd has 14,000,000+. The minimum deposit is $1 at Blitzbrokers and $250 at fxdd.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Securities and Futures Commission (SFC) | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 |
| Founded | 1982 | 2010 |
| Country | Hong Kong | Belize |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between Blitzbrokers and fxdd, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fxdd). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Blitzbrokers offers MT5, cTrader, while fxdd supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. fxdd edges ahead on platform breadth and functionality in our scoring.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,WEB,Android | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Blitzbrokers and fxdd compare. fxdd runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. fxdd publishes daily market commentary; Blitzbrokers does not. Both integrate third-party research tools. fxdd maintains an archive of past webinars for on-demand viewing. fxdd scores higher overall in education and research.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Blitzbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fxdd supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxdd uniquely supports PayPal and Skrill and Neteller among the two brokers. fxdd scores higher on deposit and withdrawal flexibility.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Blitzbrokers and fxdd offer live chat support. Both provide phone support. Email support is available at both brokers. Blitzbrokers supports 2 languages and fxdd supports 8, giving fxdd broader global reach. Both brokers are comparable on support quality.
| Feature | Blitzbrokers | fxdd |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |