FXCM
fxdd
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Overview
FXCM was founded in 1999 and is headquartered in United States, while fxdd was established in 2010 and is based in Belize. FXCM holds licences including Financial Conduct Authority (FCA), while fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission among others. FXCM serves 10,000+ clients worldwide; fxdd has 14,000,000+. The minimum deposit is $1 at FXCM and $250 at fxdd.
| Feature | FXCM | fxdd |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 |
| Founded | 1999 | 2010 |
| Country | United States | Belize |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between FXCM and fxdd, directly affecting your bottom line as a trader. FXCM has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fxdd). Neither broker charges withdrawal fees. Overall, FXCM scores higher on fees in our assessment.
| Feature | FXCM | fxdd |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
FXCM offers MT4, MT5, cTrader, while fxdd supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxdd supports social and copy trading features, which FXCM does not offer. The two brokers are closely matched on platform offering.
| Feature | FXCM | fxdd |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mirror Trader, Web Trader, NinjaTrader, Tablet & Mobile apps | 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 FXCM and fxdd compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | FXCM | fxdd |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FXCM 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 | FXCM | 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 FXCM and fxdd offer live chat support. Both provide phone support. Email support is available at both brokers. FXCM supports 2 languages and fxdd supports 8, giving fxdd broader global reach. Both brokers are comparable on support quality.
| Feature | FXCM | 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 |