FXDD Cashback Rebates

 

Overall, FXDD offers a Forex cashback on the Standard Account up to 0.7 pips of the spread on Forex and Energy trades. However, traders could earn up to 25% back on commissions paid on the ECN Account, according to FXDD.

 

🔎 Broker🥇 Standard Account🥈 ECN Account
📈 ForexUp to 0.7 pips25% of commissions paid
💡 Energies0.7 pipsN/A
💴 Payment FrequencyCashbacks are paid monthly to IBsCashbacks are paid monthly to IBs

 

FXDD Cashback Rebates

 

FXDD Cashback Rebates – Key Point Quick Overview

 

  1. ☑️ FXDD Rebates Summary
  2. ☑️ How to Open a Forex Cashback Account with FXDD (via SAShares)
  3. ☑️ Understanding Forex Trading Rebates: How They Work with FXDD
  4. ☑️ The Benefits of Forex Trading Rebates with FXDD
  5. ☑️ Key Factors to Consider When Evaluating FXDD’s Forex Trading Rebate Program
  6. ☑️ Number of Traders Participating in FXDD Cashback Rebates and Real-Life Examples
  7. ☑️ Successful Traders Benefiting from FXDD’s Rebates – FXDD’s Forex Trading Rebates Empowering Retail Traders for Success
  8. ☑️ Number of Traders participating in FXDD Cashback Rebates
  9. ☑️ Detailed Summary of FXDD
  10. ☑️ Geolocation of Traders
  11. ☑️ FXDD – Advantages Over Competitors
  12. ☑️ Who will Benefit from Trading with FXDD?
  13. ☑️ How to Maximize Your Savings with Forex Trading Rebates at FXDD
  14. ☑️ FXDD Regulation and Safety of Funds
  15. ☑️ FXDD Awards and Recognition
  16. ☑️ FXDD Account Types and Features
  17. ☑️ How to open an Account with FXDD
  18. ☑️ FXDD Trading Platforms
  19. ☑️ Which Markets Can You Trade with FXDD?
  20. ☑️ FXDD Trading and Non-Trading Fees
  21. ☑️ Calculating Forex Trading Rebates with FXDD
  22. ☑️ FXDD Deposits and Withdrawals
  23. ☑️ FXDD Education and Research
  24. ☑️ How to open an Affiliate Account with FXDD
  25. ☑️ FXDD Customer Support
  26. ☑️ Legal and Tax Implications and Understanding Forex Trading Rebates with FXDD
  27. ☑️ Risks and Limitations of Forex Trading Rebates at FXDD
  28. ☑️ Strategies to Maximize Rebates with FXDD
  29. ☑️ FXDD Alternatives
  30. ☑️ FXDD VPS Review
  31. ☑️ FXDD vs. Other Notable Brokers
  32. ☑️ FXDD Pros and Cons
  33. ☑️ FXDD Customer Reviews
  34. ☑️ Recommendation for Improving FXDD Cashback Rebates
  35. ☑️ Our Verdict on FXDD
  36. ☑️ FXDD Frequently Asked Questions

 

 

FXDD Rebates Summary

 

  • ✅ FXDD has an overall rating of 1.7 / 5
  • ✅ FXDD has a Real Customer Rating of 2.3 / 5

 

 

FXDD Cashback Forex Conditions

 

  • ✅ If the total rebate value generated each month exceeds 14% of the average account equity, the broker policy may deem the rebates void.

 

 

FXDD Additional notes on Cashback Rebates

 

FXDD offers an attractive Introducing Broker program through which traders could earn rebates from their affiliated broker of up to 0.7 pips or 25% on commissions.

 

FXDD Rebates Summary

 

How to Open a Forex Cashback Account with FXDD (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with FXDD via SAShares.

 

For New Accounts

 

If you do not have an existing account with FXDD, you can easily obtain a cashback rebate in three easy steps.

 

✅ Step 1: Visit the FXDD Website

Visit the FXDD website and click “Start Trading.”

 

 

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New FXDD Rebate Application

 

“Dear SAShares Team,

Please view my FXDD Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the FXDD system.

 

 

For Existing Accounts

 

If you have an existing FXDD account, you can get a cashback rebate by following these easy steps.

 

✅ Step 1:  Send an email to FXDD: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear FXDD Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

✅ Step 2: Open an Additional Account

Once you receive confirmation of the transfer from FXDD, you can create an additional trading account.

 

✅ Step 3: Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

 

For Example:

 

To: [SAShares]

Subject: New FXDD Rebate Application

 

“Dear SAShares Team,

Please view my FXDD Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with FXDD (via SAShares)

 

Understanding Forex Trading Rebates: How They Work with FXDD

 

FXDD Standard Account

 

FXDD offers a rebate of up to 0.7 pips on this spread to those with a Standard Account. Put another way, if you trade a currency pair with a spread of 2 pips, a rebate of 0.7 pips effectively reduces your spread to 1.3 pips.

This is a substantial savings, particularly for traders who execute multiple daily trades. Furthermore, FXDD applies this rebate to trading energy commodities such as oil and gas. A 0.7 pip rebate is also available here, making it more cost-effective for traders who diversify their portfolios with commodities.

 

FXDD Standard Account

 

FXDD ECN Account

 

ECN accounts work a little differently. Traders are charged a commission for their trades rather than spreads. FXDD offers a 25% commission rebate on these fees.

So, if you pay a $10 commission on a trade, you will receive a $2.50 rebate. This is a significant benefit for active traders who may execute multiple trades daily, as the savings can quickly add up.

 

FXDD ECN Account

 

FXDD Additional Points

 

FXDD pays these rebates monthly, regardless of whether you have a Standard or ECN account. It should be noted, however, that these rebates are initially paid to Introducing Brokers (IBs).

These IBs are individuals or companies who introduce clients to FXDD and are compensated based on their trading volumes. Once the rebates are received, the IBs can distribute them to individual traders. As a result, if you were introduced to FXDD by an IB, you would be eligible for these rebates.

 

 

Do Forex trading rebates expire at FXDD?

No, FXDD’s Forex trading rebates do not have an expiration date.

 

Are Forex trading rebates at FXDD available for all account types?

Yes, FXDD offers Forex trading rebates for both Standard and ECN accounts.

 

 

FXDD Additional Points

 

The Benefits of Forex Trading Rebates with FXDD

 

The Benefits of Forex Trading Rebates with FXDD include:

 

  • ✅ FXDD’s monthly rebate payment cycle ensures consistent and predictable cash flow that can be reinvested.
  • ✅ The Partnership team at FXDD provides exceptional service, ensuring that Introducing Brokers and their clients are well cared for.
  • ✅ FXDD offers a customized IB Portal with advanced tools for viewing and accessing clients’ activities and registration status.
  • ✅ FXDD offers Forex and allows traders to trade in energy commodities, giving them more opportunities to earn rebates.
  • ✅ Spread and commission rebates effectively reduce the cost of trading, making it more affordable for both Standard and ECN account holders.
  • ✅ Traders can potentially increase their overall profitability by lowering trading costs through rebates.
  • ✅ FXDD provides fund management flexibility by accepting various payment methods such as UnionPay, Visa, BitWallet, Tether, and SticPay.

 

 

Are new traders eligible for Forex trading rebates at FXDD?

Yes, new traders are eligible to receive Forex trading rebates from FXDD.

 

Can I withdraw my Forex trading rebates from FXDD?

Yes, you can withdraw Forex trading commissions from your FXDD account.

 

 

The Benefits of Forex Trading Rebates with FXDD

 

Key Factors to Consider When Evaluating FXDD’s Forex Trading Rebate Program

 

When evaluating FXDD’s Forex Trading Rebate Program, there are several key factors that traders and Introducing Brokers (IBs) should consider when making an informed decision.

These factors pertain to the financial benefits and the operational aspects that can impact the overall trading experience.

 

Financial Incentives

 

  • ✅ The actual rate of the rebate is one of the first things to look at. FXDD offers up to 0.7 pips on Standard Accounts and 25% on ECN Accounts. Understanding these rates regarding your trading volume can give you a clear picture of potential savings.
  • ✅ FXDD distributes these rebates monthly. This frequency can impact your cash flow and should be factored into your financial planning.
  • ✅ Make sure you understand the eligibility criteria. Are the rebates available for all trades and instruments, or are they restricted to a few?

 

 

Operational Aspects

 

  • ✅ FXDD offers advanced tools for tracking trading activities and rebates via a personalized IB Portal. The ease with which these metrics can be tracked can significantly impact your ability to make real-time decisions.
  • ✅ FXDD has a strong track record of making timely payments. When considering a long-term trading relationship, this dependability is critical.
  • ✅ The quality of customer support can be decisive, especially when it comes to rebate issues. FXDD’s Partnership team is well-known for providing excellent service, which adds an extra layer of security.

 

 

Additional Benefits

 

  • ✅ If you are an IB, the variety and quality of marketing materials offered by FXDD can be a significant benefit. These materials can help you attract more customers, increasing your rebates.
  • ✅ FXDD’s enterprise-level technology ensures a stable and responsive trading environment. A dependable platform can make a significant difference in successfully executing trades, affecting your rebates.
  • ✅ FXDD’s various payment options for fund management can also be a factor, particularly for traders who prefer specific payment methods.

 

 

Finally, think about the long term. FXDD has been in business for over 20 years, and its success has been built on a strong partnership with its IBs and Money Manager partners. The longevity of the company and its emphasis on long-term relationships can be a strong indicator of the program’s viability.

 

 

Does FXDD offer Forex trading rebates for high-volume traders?

Yes, FXDD’s Forex trading rebate program can significantly benefit high-volume traders.

 

Is there a trial period for the Forex trading rebate program at FXDD?

There is no trial period; you are eligible for rebates when trading with FXDD.

 

Key Factors to Consider When Evaluating FXDD's Forex Trading Rebate Program

 

Number of Traders Participating in FXDD Cashback Rebates and Real-Life Examples

 

While we do not know how many traders are earning cashback rebates from FXDD, we can provide examples of the program in action.

 

Standard Account Holders

 

Assume you are a trader who executes an average of 50 trades per day on Forex pairs. If the average spread is 2 pips and you get a 0.7 pips rebate per trade, your effective spread is 1.3 pips.

This could result in significant savings over a month, assuming 20 trading days. The lower spread makes each trade less expensive and lowers the break-even point, making it easier to profit.

 

ECN Account Holders

 

Assume you are an active trader who pays a $10 commission on each trade. With FXDD’s 25% commission rebate, you would get $2.50 back on each trade.

If you make about 30 trades per day, you could save $75 per day. Over a month, this adds up to a sum that can be reinvested or withdrawn.

 

Number of Traders Participating in FXDD Cashback Rebates and Real-Life Examples

 

Successful Traders Benefiting from FXDD’s Rebates – FXDD’s Forex Trading Rebates Empowering Retail Traders for Success

 

Forex trading rebates from FXDD are a powerful tool for empowering retail traders and leveling the playing field in a market frequently dominated by institutional players. Here is how:

 

  • ✅ FXDD’s unblemished track record of timely payments and the availability of advanced tracking tools via the IB Portal add layers of transparency and reliability. This builds trust and long-term relationships, essential for retail traders who may not have the luxury of diversifying their trading platforms.
  • ✅ FXDD’s rebates increase profitability indirectly by lowering trading costs. This can be a game changer for retail traders, who frequently operate on thin margins.
  • ✅ FXDD’s educational and marketing materials can help retail traders make informed decisions, increasing their chances of success in the Forex market.
  • ✅ By lowering effective spreads and commissions, rebates make trading more affordable. This is especially advantageous for retail traders, who may lack the large capital bases of institutional traders.
  • ✅ The enterprise-level technology infrastructure ensures a stable and responsive trading environment. This technology provides a competitive advantage for retail traders who may not have access to institutional-level trading platforms.

 

 

Finally, Cash Flow Management. The monthly rebate payment cycle ensures consistent and predictable cash flow. Retail traders can use these funds to withdraw profits or reinvest in more trades, allowing them to optimize their capital allocation strategies.

 

Successful Traders Benefiting from FXDD's Rebates - FXDD's Forex Trading Rebates Empowering Retail Traders for Success

 

Number of Traders participating in FXDD Cashback Rebates

 

FXDD serves traders from around the world. However, how many clients registered via Introducing Brokers participate in the rebates program is unknown.

 

Number of Traders participating in FXDD Cashback Rebates

 

Detailed Summary of FXDD

 

🔎 HeadquarteredMalta
🌎 Global OfficesMalta, Mauritius
📌 Year Founded2002
📍 RegulationMFSA, FSC Mauritius
☪️ Islamic Account✅ Yes, but only for religious purposes
🆓 Demo Account✅ Yes
⏰ Non-expiring DemoNone
🕰️ Demo Duration90 days
🔟 Retail Investor Accounts2
📈 PAMM AccountsMAM
📉 Liquidity Providers20+ major banks
📊 Affiliate Program✅ Yes
➡️ Order ExecutionInstant, Market
↪️ OCO Orders✅ Yes
🫰🏻 One-Click Trading✅ Yes
🅰️ Scalping Allowed✅ Yes
🅱️ Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
🖋️ Expert Advisors (EAs) Allowed✅ Yes
💻 Trading API✅ Yes
💴 Cashback Forex Calculator offeredNone
💵 Cashback Forex Lot Size CalculatorNone
💶 Cashback Forex Compounding CalculatorNone
💷 Starting spread0.2 pips EUR/USD
💰 Minimum Commission per Trade$0.0299 per 1,000 orders
💹 Decimal Pricing5th decimal pricing
▶️ Margin Call100%
⛔ Stop-Out50%
⬇️ Minimum Trade Size0.01 lots
⬆️ Maximum Trade SizeUnlimited
🪙 Crypto trading offeredNone
📈 Maximum Leverage1:30
📉 Leverage Restrictions✅ Yes
📊 Minimum Deposit (USD)$1
➡️ Deposit CurrenciesUSD, JPY, EUR, GBP, CNY
↘️ Account Base Currencies (All)USD, JPY, EUR, GBP, CNY
↪️ Minimum Withdrawal Time1 Business Day
▶️ Maximum Estimated Withdrawal Time3 – 5 Business Days
⏩ Instant Deposits and Instant WithdrawalsNone
#️⃣ Segregated Accounts✅ Yes
❤️ Customer Support LanguagesMultilingual
🔎 Copy Trading SupportNone
⏰ Customer Service Hours24/7
🎁 Bonuses and PromotionsNone
🖍️ Education for beginnersNone
🖥️ Proprietary trading software✅ Yes
✏️ Is FXDD a safe broker for traders✅ Yes
🔟 Rating for FXDD5/10
💯 Trust score for FXDD65%

 

Detailed Summary of FXDD

 

Geolocation of Traders

 

Most of FXDD’s market share is concentrated in these areas:

 

  • ✅ Japan – 24%
  • ✅ Egypt – 10.98%
  • ✅ Thailand – 10%
  • ✅ Italy – 6.67%
  • ✅ Malaysia – 5.89%

 

 

FXDD’s Current Expansion Focus

 

  • ✅ FXDD currently focuses on serving traders in the Mediterranean and Africa.

 

 

Countries not accepted by FXDD

 

FXDD does not accept traders from the following:

 

  • ✅ The United States
  • ✅ America Samoa
  • ✅ Guam
  • ✅ Iran
  • ✅ Japan
  • ✅ North Korea
  • ✅ Northern Mariana Islands
  • ✅ Puerto Rico
  • ✅ Russia
  • ✅ United Kingdom
  • ✅ Virgin Islands US

 

 

Popularity among traders who choose FXDD

 

FXDD is a broker ranked among the top 1500 Forex and CFD brokers and trading providers globally.

 

Geolocation of Traders

 

FXDD – Advantages Over Competitors

 

FXDD has the following advantages over its competitors:

 

  • ✅ FXDD offers a wide range of asset classes for trading, with six options available.
  • ✅ FXDD prioritizes the security of client funds and stores them in segregated accounts to prevent unauthorized access.
  • ✅ FXDD has negative balance protection in place, ensuring traders do not lose more than their initial investment.
  • ✅ FXDD offers narrow spreads starting from 0.4 pips on ECN accounts, providing traders with competitive pricing.

 

 

Finally, Free Analytics and Tools. FXDD offers a range of free analytics and online tools to help traders improve the quality of their trading decisions. These resources include educational materials, market analysis, and technical indicators.

 

 

FXDD - Advantages Over Competitors

 

Who will Benefit from Trading with FXDD?

 

FXDD provides flexible account options that do not impose a set minimum deposit requirement. However, a deposit of $250 or higher is recommended for effective forex trading, although this is not mandatory.

This allows the platform to cater to cost-conscious traders who may prefer to start with a smaller deposit.

Additionally, FXDD’s wide range of trading options, which includes forex pairs, equities, metals, and other asset classes, make it an attractive one-stop solution for traders.

With three different trading platforms, FXDD offers ample options for traders to select the most suitable one for their trading needs.

 

Who will Benefit from Trading with FXDD

 

How to Maximize Your Savings with Forex Trading Rebates at FXDD

 

Getting the most out of your Forex trading rebates at FXDD requires a multifaceted approach that combines smart trading strategies with effective account management. Here are some ideas for doing so:

 

  • ✅ The first step is to comprehend the rebate structure of FXDD fully. Knowing the difference between the 0.7 pip rebate for Standard Accounts and the 25% commission rebate for ECN Accounts can assist you in selecting the best account type for your trading style.
  • ✅ If you were introduced to FXDD by an Introducing Broker, use the IB Portal. It offers sophisticated tools for tracking your activities and rebates, enabling you to make data-driven decisions.
  • ✅ Reinvesting your rebates into trading is an effective way to maximize your savings. This increases your trading capital without requiring additional investment, potentially allowing you to earn even more rebates.
  • ✅ When trading Forex, pay attention to currency pairs that you trade frequently. The more you trade, the more rebates you earn, lowering your trading costs.

 

 

Because rebates are paid out monthly, reviewing your trading activity at the end of each month is a good idea. This can assist you in adjusting your trading strategy to maximize the next month’s rebates.

 

 

Is it beneficial to trade more frequently to earn more rebates at FXDD?

Yes, trading more frequently can increase your total trading volume, allowing you to maximize your FXDD rebates.

 

Is there a loyalty program to earn extra Forex trading rebates at FXDD?

No, there is no separate loyalty program at FXDD for earning additional Forex trading rebates.

 

How to Maximize Your Savings with Forex Trading Rebates at FXDD

 

FXDD Regulation and Safety of Funds

 

FXDD Global Regulations

 

🔎 Registered Entity🌎 Country of Registration📌 Registration Number📍 Regulatory Entity📈 Tier📊 License Number/Ref
🅰️ Triton Capital Markets LtdMaltan/aMFSA3IS/48817
🅱️ FXDD Mauritius LtdMauritiusn/aFSC3C117017252

 

How FXDD Protects Traders and Client Funds

 

🔎 Security Measureℹ️ Information
🔒 Segregated Accounts✅ Yes
🔏 Compensation Fund Member✅ Yes
🔐 Compensation Amount20,000 EUR
🔓 SSL Certificate✅ Yes
🔒 2FA (Where Applicable)✅ Yes
🔏 Privacy Policy in Place✅ Yes
🔐 Risk Warning Provided✅ Yes
🔓 Negative Balance Protection✅ Yes
🔒 Guaranteed Stop-Loss OrdersNone

 

FXDD emphasizes client safety and security by employing advanced encryption technologies to protect personal and financial data during transactions. Client funds are held in segregated accounts, ensuring extra protection in case of financial discrepancies.

With over 20 years in the industry, FXDD has a trustworthy track record of on-time payments and transparent trading conditions, bolstering its credibility.

Furthermore, FXDD adheres to international financial standards and undergoes regular audits for regulatory compliance, demonstrating its commitment to a secure and reliable trading platform.

 

 

Is my personal information safe with FXDD?

Yes, to protect your personal information, FXDD uses high-level encryption.

 

What measures does FXDD take against fraud?

FXDD employs strong anti-fraud measures, including identity verification procedures.

 

 

FXDD Regulation and Safety of Funds

 

FXDD Awards and Recognition

 

According to FXDD’s website, the company has been recognized for the following honors in recent years as a broker:

 

  • ✅ The Most Trusted Broker Award during the Forex Expo in Dubai for 2021.
  • ✅ Best Forex Broker in 2020, awarded during the Forex Expo in Dubai.
  • ✅ Best Regulated Forex Broker at the Saudi Money Expo in 2018.

 

FXDD Awards and Recognition

 

FXDD Account Types and Features

 

🔎 Live Account💴 Minimum Dep.📈 Average Spread💶 Commissions💷 Average Trading Cost
🅰️ Standard$11.8 USDNone18 USD
🅱️ ECN$10.2 pips$0.02995 USD

 

FXDD Standard Account

 

The Standard Account is intended for traders who prefer a simple trading experience. Traders can benefit from fixed spreads with this account, making calculating trading costs in advance easier.

In addition, the Standard Account offers rebates of up to 0.7 pips, which can significantly reduce effective trading costs. This makes it an excellent choice for novice and experienced traders seeking a simple, low-cost trading solution.

 

FXDD Standard Account 1

 

FXDD ECN Account

 

The ECN Account is designed for more experienced traders seeking tighter spreads and a more dynamic trading environment. ECN accounts give you access to a network of liquidity providers, allowing you to get better price quotes and execute trades faster.

Unlike the Standard Account, the ECN Account charges a commission on trades but offers rebates of up to 25% of the commissions paid.

For high-volume traders, this can result in significant savings. Furthermore, the ECN Account provides greater transparency because traders can see the market depth, which is important when implementing complex trading strategies.

 

FXDD ECN Account 1

 

FXDD Demo Account

 

For traders who want to practice trading without risking real money, FXDD provides a demo account. The demo account includes virtual funds that traders can use to practice trading on the platform.

It enables traders to test trading platforms and strategies before opening a live account and provides the same functions, features, and options as a live trading account.

After 90 days, the FXDD demo account expires. Traders can open a free demo account with FXDD by following these simple steps:

 

  • ✅ Visit the FXDD official website.
  • ✅ Select the “start trading” tab.
  • ✅ Complete the registration form.

 

 

Download the trading platform they selected during registration, including MetaTrader 4 or 5, FXDD Mobile, or the proprietary FXDD WebTrader, which automatically launches in a browser window.

While the demo platforms’ pricing indicates live pricing, it is not a replica of what traders will see when they sign up for a live account.

The demo accounts for FXDD’s platforms are primarily intended to provide traders with the opportunity to become acquainted with the software and to ask questions about its operation.

 

FXDD Demo Account

 

FXDD PAMM/MAM Accounts

 

FXDD offers a comprehensive range of MAM and PAMM accounts tailored to professional traders authorized to trade for clients.  FXDD’s MT4-based solutions allow partners to manage multiple accounts effortlessly from a single terminal.

 

Here are some of the benefits of FXDD’s MAM and PAMM accounts:

 

  • ✅ Earn lucrative management fees, performance fees, commissions, and rebates.
  • ✅ Have complete control and flexibility over trade allotment.
  • ✅ Allocate funds by Lot, Percentage, or Proportional.
  • ✅ Allocate as little as 0.01 lots to clients.
  • ✅ Access multiple master accounts to execute different strategies.
  • ✅ FXDD will absorb transaction fees for larger partners.
  • ✅ There is no limit to the number of clients per account.
  • ✅ Monitor your commissions in real-time.
  • ✅ FXDD is EA (expert advisor) friendly.

 

 

FXDD’s MAM and PAMM accounts are designed to help professionals manage their clients’ trading portfolios more efficiently and profitably.  With user-friendly and reliable MT4-based solutions, partners can focus on executing trades and growing their client base. At the same time, FXDD manages account management’s operational and technical aspects.

 

FXDD PAMM MAM Accounts

 

FXDD Islamic Account

 

FXDD provides an Islamic account for traders who practice Islam and want to trade per Sharia law. The Islamic account is also called a swap-free one because traders do not pay or receive interest on overnight positions.

Instead, to cover the cost of holding positions overnight, FXDD charges a fixed commission on trades. It should be noted that the Islamic account is subject to the same terms and conditions as regular trading accounts, including the minimum deposit requirement and trading rules and regulations.

However, traders should also know that the Islamic account may have higher spreads and commissions than standard accounts.

 

FXDD Islamic Account

 

How to open an Account with FXDD

 

To register a live trading account with FXDD, you can follow these steps:

 

  • ✅ Visit the official FXDD website to begin the account registration process.
  • ✅ Select the “Start Trading” tab at the top right of the menu.
  • ✅ Select your preferred account type from individual, demo, or corporate.
  • ✅ Complete all required fields with your personal information and submit the online registration form.

 

 

Select a trading platform and begin trading. FXDD provides MetaTrader 4 and 5, and the FXDD WebTrader.

 

 

What types of accounts does FXDD offer?

FXDD provides Standard and ECN accounts to meet a variety of trading needs.

 

Can I switch between account types at FXDD?

Yes, FXDD allows you to switch between Standard and ECN accounts.

 

 

How to open an Account with FXDD

 

FXDD Trading Platforms

 

FXDD offers traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ MetaTrader 5
  • ✅ FXDD Mobile

 

 

FXDD MetaTrader 4

 

MetaTrader 4 is a tried-and-true option for both new and experienced traders. It has an easy-to-use interface and a wide range of technical indicators and charting tools.

FXDD enhances the MT4 experience by providing competitive spreads and the ability to trade automatically using Expert Advisors. Because of the platform’s stability and customization options, it is a dependable choice for those who prefer a traditional yet powerful trading environment.

 

FXDD MetaTrader 4

 

FXDD MetaTrader 5

 

MetaTrader 5 includes additional features such as more timeframes, more technical indicators, and an economic calendar. It is ideal for traders who need advanced charting tools and the ability to trade across multiple asset classes.

FXDD’s MT5 also supports algorithmic trading and, like its predecessor, offers tight spreads and quick execution times, making it ideal for traders seeking a more modern trading experience.

 

FXDD MetaTrader 5

 

FXDD Mobile

 

FXDD Mobile allows traders on the go to trade whenever and wherever they want. The mobile platform is designed to be simple to use without sacrificing functionality.

It provides live quotes, charting tools, and a variety of order types. FXDD ensures the mobile platform has strong security measures, providing traders with a safe and convenient mobile trading option.

 

FXDD Mobile

 

FXDD WebTrader

 

FXDD WebTrader is ideal for those who prefer to trade directly from their web browsers rather than downloading any software. The platform has a simple and easy-to-use interface, advanced charting tools, and various technical indicators.

One of FXDD’s WebTrader’s standout features is its seamless integration with the trader’s account, allowing for a smooth trading experience. WebTrader, like the other platforms, benefits from FXDD’s competitive trading conditions, such as tight spreads and quick order execution.

 

 

Does FXDD offer web-based trading?

Yes, FXDD offers web-based trading via MetaTrader and its proprietary web terminal.

 

Is automated trading allowed on FXDD platforms?

Yes, automated trading is permitted and supported on the MetaTrader 4 and 5 platforms at FXDD.

 

 

FXDD WebTrader

 

Which Markets Can You Trade with FXDD?

 

Traders can expect the following range of markets from FXDD:

 

  • ✅ Forex
  • ✅ Precious Metals
  • ✅ Energies
  • ✅ Indices
  • ✅ Stocks

 

 

Financial Instruments and Leverage offered by FXDD

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
📈 Forex551:30
💎 Precious Metals71:20
💡 Energies31:10
📉 Indices121:20
📊 Stocks511:5

 

 

 

Does FXDD offer cryptocurrency trading?

No, FXDD does not currently offer cryptocurrency trading.

 

Can I trade global indices with FXDD?

Yes, FXDD allows you to trade global indices such as the NAS100.

 

Does FXDD offer variable leverage?

Yes, depending on the financial instrument, FXDD provides variable leverage options.

 

Can I trade micro-lots with FXDD?

Yes, FXDD allows you to trade micro-lots.

 

 

Which Markets Can You Trade with FXDD

 

FXDD Trading and Non-Trading Fees

 

FXDD Spreads

 

Traders can expect different spreads depending on whether they use a Standard or ECN account. Furthermore, spreads vary depending on the financial instrument traded and the market conditions on the trading day.

 

Some typical spreads that traders can expect are as follows:

 

🔎 FXDD Account🅰️ Standard Account🅱️ ECN Account
💴 EUR/USD1.8 pips0.2 pips
💵 GBP/USD2.5 pips0.3 pips
💶 XAU/USD35.3 pips21 pips
💷 XAG/USD5 pips4 pips
💴 OIL/USD5.2 pips4.2 pips
💵 NATGAS56 pips31 pips
💶 NAS10044 pips21 pips
💷 USD.X3.8 pips3.3 pips
💴 AAPL3 pips3 pips

 

FXDD Commissions

 

The Standard Account has the broker fee included in the spread, while the ECN Account has the following commission charges:

 

🔎 Instrument (Forex Pair)🅰️ Per 1,000 traded🅱️ Per 10,000 traded
💴 EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, EUR/JPY, GBP/JPY$0.0299$0.299
💵 Other Forex Pairs$0.0499$0.499

 

FXDD Overnight Fees, Rollovers, or Swaps

 

Overnight fees are applied to all open positions held after 5:00 p.m. New York time (EST) at FXDD. The interest rate differential between the two currencies in the Forex pair determines the rollover rate.

On the MetaTrader 4 platform, traders can view the swap rates for each currency pair, updated daily at 5:00 p.m. EST. Furthermore, the swap rate can be viewed in the trade confirmation window when placing a trade.

Traders should be aware that the swap rate can significantly impact a trade’s profitability, particularly for longer-term positions. Regardless of account type, traders can expect the following overnight fees when trading with FXDD:

 

🔎 Instrument↪️ Long (Buy) Swap➡️ Short (Sell) Swap
💴 EUR/USD-13.342 pips3.251 pips
💵 GBP/USD-9.215 pips1.135 pips
💶 XAU/USD-8.23 pips2.35 pips
💷 XAG/USD-3.912 pips0.581 pips
💴 OIL/USD-8.12 pips-5.03 pips
💵 UK.OIL-1.6711 pips6.4 pips
💶 NAS100-9.25 pips-0.50 pips
💷 USD.X-11.70 pips-11.70 pips
💴 AAPL-4.2561 pips-3.1752 pips

 

FXDD Deposit and Withdrawal Fees

 

FXDD does not charge deposit fees. However, withdrawal fees of $40 will be charged for withdrawals <$100 per withdrawal.

 

 

FXDD Inactivity Fees

 

FXDD charges a $30 inactivity fee for dormant accounts of more than 90 days.

 

 

FXDD Currency Conversion Fees

 

Currency Conversion fees apply when traders deposit or withdraw in currencies other than their base account currency.

 

 

Are there any inactivity fees at FXDD?

Yes, FXDD charges an inactivity fee for accounts that have been inactive for an extended period.

 

Are there any commission fees at FXDD?

FXDD charges commissions based on the account type, with ECN accounts typically incurring commissions.

 

 

FXDD Trading and Non-Trading Fees

 

Calculating Forex Trading Rebates with FXDD

 

Standard Account

 

Rebates of up to 0.7 pips are available on FXDD’s Standard Account. This means that for each trade, you could earn up to 0.7 pips per lot traded.

 

Example 1

 

If you trade 10 lots of EUR/USD per month. If the rebate is 0.7 pips per lot, your total rebate would be:

 

  • ✅ 10(lots) ×0.7(pips/lot) = 7 pips

 

As a result, you would receive a rebate of 7 pips for that month.

 

ECN Account

 

FXDD offers commission rebates of up to 25% on the ECN Account. For trading pairs such as EUR/USD and GBP/USD, the commission is $0.0299 per 1,000 traded.

 

Example 1

 

Suppose you trade 100,000 (or 100 lots of 1,000) of EUR/USD; the commission is $0.0299 per 1,000 traded. Your total commission would be:

 

  • ✅ 100 (lots) times $0.0299 (commission/lot) = $2.99
  • ✅ If FXDD offers a 25% rebate on this commission, then your rebate would be:
  • ✅ $2.99 times 0.25 = $0.7475

 

So, you would receive a rebate of $0.7475 for that trade.

 

 

Are Forex trading rebates at FXDD calculated daily?

No, Forex trading rebates are typically calculated monthly at FXDD.

 

Can I see a breakdown of my Forex trading rebates at FXDD?

Yes, a detailed breakdown of your Forex trading rebates is available in your FXDD account dashboard.

 

 

Calculating Forex Trading Rebates with FXDD

 

FXDD Deposits and Withdrawals

 

FXDD offers the following deposit and withdrawal methods:

 

  • ✅ Credit/Debit Card
  • ✅ UnionPay
  • ✅ Neteller
  • ✅ Skrill
  • ✅ Bank Wire
  • ✅ Custodial Account TMI Trust Company

 

 

How to Deposit Funds with FXDD

 

To deposit funds to an account with FXDD, traders can follow these steps:

 

  • ✅ Log in to your FXDD trading account using your preferred platform, MetaTrader 4, MetaTrader 5, or FXDD Web.
  • ✅ After logging in, navigate to the ‘Account’ or ‘Funds’ section and click the ‘Deposit’ button.
  • ✅ FXDD accepts various payment methods, such as bank wire, credit/debit cards, and e-wallets. Choose the best option for you.
  • ✅ Enter the amount you want to deposit into your trading account.

 

 

Check all the details to ensure they are correct before confirming the deposit. When the deposit is successful, you will be notified.

 

 

FXDD Fund Withdrawal Process

 

To withdraw funds from an account with FXDD, traders can follow these steps:

 

  • ✅ As with deposits, the first step is to log in to your FXDD trading account.
  • ✅ Select the ‘Withdrawal’ option from the ‘Account’ or ‘Funds’ section.
  • ✅ Typically, you will have two choices: withdraw funds or withdraw rebates. Choose the best option for your requirements.
  • ✅ Select a withdrawal method. To simplify the process, using the same method for both deposits and withdrawals is often recommended.
  • ✅ Enter the amount you want to withdraw. If withdrawing rebates, ensure you have met all FXDD’s conditions and requirements.

 

 

Examine all the details and confirm the withdrawal if everything is in order. Once the withdrawal has been processed, you will be notified.

 

 

Are there any fees for withdrawing Forex trading rebates from FXDD?

No, there are no fees associated with withdrawing Forex trading commissions from your FXDD account.

 

Do I need to verify my identity to withdraw Forex trading rebates at FXDD?

Yes, all withdrawals at FXDD, including Forex trading rebates, require identity verification.

 

 

FXDD Deposits and Withdrawals

 

FXDD Education and Research

 

Education

 

FXDD offers the following Educational Materials:

 

  • ✅ Trading Guides
  • ✅ FAQ
  • ✅ Glossary

 

 

and much more!

 

Research

 

FXDD offers traders the following Research and Trading Tools:

 

  • ✅ On the Daily
  • ✅ Daily Market Analysis
  • ✅ Trading Central
  • ✅ Trading Calculator
  • ✅ FXDD VPS

 

 

and much more!

 

FXDD Education and Research

 

How to open an Affiliate Account with FXDD

 

To register an Affiliate Account with FXDD, traders can follow these steps:

 

  • ✅ Go to the FXDD website and click the “Partners” tab.
  • ✅ Click on the “Affiliate Program” link.
  • ✅ Read and agree to the terms and conditions of the program.
  • ✅ Complete the Affiliate application form with your personal and contact information, including your website, if you have one.
  • ✅ Wait for FXDD to review and approve your application. You will receive an email notification once your account is approved.
  • ✅ Once approved, you can log in to your Affiliate account and promote FXDD’s products and services to potential clients.

 

 

You will earn commissions on every client you refer to FXDD who opens and trades on a live account.

 

FXDD Affiliate Program Features

 

The FXDD Affiliate Program offers several features for affiliates to promote FXDD’s products and services and earn commissions. Here are some of the program’s main features:

 

  • Affiliates can earn up to $800 per referred client or 25% of the client’s trading commissions.
  • ✅ The program offers a multi-tiered commission structure, allowing affiliates to earn commissions on the trading activities of sub-affiliates they refer to the program.
  • FXDD provides a range of marketing materials, such as banners, links, and widgets, to assist affiliates in promoting the program.
  • ✅ The program offers dedicated affiliate support to assist affiliates with queries or concerns.
  • ✅ The program provides affiliates access to real-time tracking and reporting tools to monitor their commissions, clicks, and referrals.
  • FXDD ensures timely payments to affiliates with transparent payment options such as wire transfer, PayPal, and Skrill.
  • ✅ There is no limit on the commissions an affiliate can earn.
  • ✅ Affiliates can access a personalized portal with all necessary information, including account balances, payment history, and marketing materials.
  • ✅ The program provides various promotional tools to help affiliates promote FXDD, including email campaigns, social media promotion, and content marketing.

 

 

Affiliates have access to a range of educational resources, including trading guides, to help them learn about FXDD’s products and services and improve their marketing efforts.

 

How to open an Affiliate Account with FXDD

 

FXDD Customer Support

 

FXDD offers customer support through several channels:

 

  • ✅ Customers can call FXDD’s customer support team directly through the phone numbers listed on their website. In addition, they offer phone support in multiple languages, including English, Spanish, Arabic, and Chinese.
  • ✅ Customers can also get support through live chat on the FXDD website. The live chat feature is available 24/7.
  • ✅ Customers can email FXDD’s customer support team at any time. In addition, they have a dedicated email address for customer support inquiries, which is listed on their website.

 

 

FXDD is active on social media platforms like Twitter, Facebook, LinkedIn, and YouTube. Customers can follow their social media accounts to stay updated on the latest news and announcements from FXDD.

 

 

Is there a dedicated account manager for FXDD clients?

No, FXDD does not provide individual clients with dedicated account managers.

 

Is there a FAQ section on FXDD’s website for quick answers?

Yes, FXDD’s website includes a comprehensive FAQ section for quick reference.

 

 

FXDD Customer Support

 

Legal and Tax Implications and Understanding Forex Trading Rebates with FXDD

 

Understanding the legal and tax implications of forex trading rebates is essential for traders using platforms like FXDD. While rebates can provide additional income and reduce trading expenses, traders must also know their legal and tax obligations.

 

✅ Regulatory Compliance

 

First and foremost, you must ensure that the rebates you receive comply with the rules established by financial authorities. FXDD operates under regulatory frameworks, and their rebate programs are designed to comply.

Traders should still conduct their due diligence to ensure they are not inadvertently participating in a program that may violate financial laws.

 

✅ Taxable Income

 

In many jurisdictions, rebates on forex trading are taxable income. You must include these earnings when filing your annual tax returns. The tax rate for forex rebates can vary based on the taxpayer’s country of residence and total annual income.

 

✅ Documentation and Record-Keeping

 

Maintaining accurate rebate records is essential for legal and tax purposes. Ensure you retain all relevant documents, including transaction confirmations, account statements, and correspondence with the broker.

In the event of an audit or if you need to resolve a dispute with the broker, these records will be indispensable.

 

✅ Legal Liabilities

 

Participating in non-compliant rebate programs or failing to report rebate income can have legal repercussions. Depending on the jurisdiction and severity of the violation, penalties could range from fines to more serious legal actions.

 

✅ Consult a Professional

 

Due to the complexity of the legal and tax implications of forex trading rebates, it is advisable to consult a tax advisor or legal professional. They can offer customized advice based on your unique circumstances, ensuring you comply with all applicable laws and regulations.

 

 

Is it legal to receive Forex trading rebates at FXDD?

Yes, because FXDD is a regulated broker, receiving Forex trading rebates is legal.

 

Are there any legal restrictions on how I can use my Forex trading rebates from FXDD?

No, there are no legal restrictions on using your FXDD Forex trading rebates.

 

 

Legal and Tax Implications and Understanding Forex Trading Rebates with FXDD

 

Risks and Limitations of Forex Trading Rebates at FXDD

 

Traders who wish to reduce trading costs may find forex rebates appealing. Nevertheless, it is crucial to comprehend the potential dangers and restrictions linked with these rebate plans, especially when dealing with FXDD.

 

✅ Tax Implications

 

As mentioned previously, traders must be aware of the tax implications of rebates. Failure to report rebate income could result in audits, fines, or even legal action from tax authorities.

 

✅ Complexity in Calculation

 

Comprehending how rebates are computed can be difficult. FXDD may offer various rebate rates based on account type or trading volume, subject to change.

To avoid unpleasant surprises, traders must remain abreast of the most recent information and comprehend how their rebates are calculated.

 

✅ Risk of Misaligned Incentives

 

The possibility of misaligned incentives is one of the most significant risks associated with forex trading rebates. To maximize their rebates, traders may be tempted to execute more trades than necessary, which can lead to overtrading.

Overtrading not only increases your exposure to market risks, but it can also diminish the rebates’ benefits.

 

✅ Potential for Changes in Terms

 

Brokers like FXDD may alter the terms of their rebate programs at any time. This may involve a change in the rebate rate, the instruments to which the rebate applies, or the elimination of the rebate program entirely. Traders must anticipate these alterations and adapt their trading strategies accordingly.

 

✅ Counterparty Risk

 

Rebates are only as reliable as the broker offering them. Even though FXDD is a reputable broker, counterparty risk is a factor in every financial market. Before relying heavily on rebates as part of your trading strategy, ensure you are comfortable with the broker’s financial stability and reputation.

 

✅ Limited Applicability

 

Typically, rebates apply to particular trading instruments and account types. For instance, FXDD may offer rebates on Forex pairs but not on precious metals or indices. Traders must know these restrictions and not assume that rebates apply to all trading options.

 

✅ Regulatory Risks

 

Even though FXDD is a regulated organization, traders should exercise caution and ensure that the rebate program complies with the laws of their jurisdiction. Noncompliance can result in legal consequences, such as fines and other penalties.

 

 

Are Forex trading rebates at FXDD guaranteed?

No, Forex trading rebates are not guaranteed and are subject to terms and conditions.

 

Is there a cap on how much I can earn in Forex trading rebates at FXDD?

No, there is no limit to the Forex trading rebates you can earn at FXDD.

 

 

Risks and Limitations of Forex Trading Rebates at FXDD

 

Strategies to Maximize Rebates with FXDD

 

Strategies to Maximize Rebates with FXDD include:

 

  • ✅ FXDD provides rebates on both Forex and energy commodities. Diversifying your trades within these offerings can assist you in earning rebates across multiple asset classes.
  • ✅ If you were introduced to FXDD by an Introducing Broker, stay connected with them. They can give you advice and even promotional offers to help you maximize your rebates.
  • ✅ Because rebates are calculated on trading volume, day trading can be profitable. Many trades executed in a single day can result in significant rebates.
  • ✅ For rebates, keep an eye on the monthly payment cycles. If you are nearing the end of the month, it might be worthwhile to complete a few more trades to increase your monthly rebate earnings.

 

 

FXDD offers a variety of educational tools and market analyses. These resources can help you improve your trading strategies and thus increase your trading volume and potential rebates.

 

 

Does FXDD offer any tools to help maximize Forex trading rebates?

No, FXDD does not provide any tools for maximizing Forex trading rebates.

 

Does FXDD offer any educational resources to help maximize Forex trading rebates?

No, FXDD does not provide educational resources to maximize Forex trading rebates.

 

 

Strategies to Maximize Rebates with FXDD

 

FXDD Alternatives

 

  • 🥇 Vantage Markets – With its support for multiple social trading platforms, Vantage Markets provides a well-rounded MetaTrader platform suite. In addition, Vantage Markets offers two mobile apps: their proprietary Vantage App and the MetaTrader platform suite, which provides added convenience for traders who prefer to trade on the go.

 

 

  • 🥈 FXOpen is an online trading platform that offers a variety of trading options, including forex, shares, commodities, indices, cryptocurrencies, and more. FXOpen also has a responsive technical support team that can assist with any queries or problems that may arise during trading.

 

 

  • 🥉 Alpari caters to professional traders willing to pay high minimum deposits for low ongoing trading costs. The platform offers four live accounts on the MT4 and MT5 trading platforms, with over 60 Forex pairs available for trading.

 

 

FXDD Alternatives

 

FXDD VPS Review

 

FXDD offers an innovative VPS system to store your trading information within its computing infrastructure. The result is a super-light platform with many features that operate 24/7, even when your computer is off.  FXDD’s VPS system allows you to access your trading platform from any computer without downloading it.

 

Furthermore, users can expect the following advantages with FXDD VPS:

 

  • ✅ Your EAs and platforms are hosted securely on the FXDD VPS system.
  • ✅ The VPS system allows you to trade Forex on a Mac.
  • ✅ You can protect your MetaTrader 4 trailing stops with FXDD’s VPS system.
  • ✅ You can efficiently run multiple strategies with lowered latency on the FXDD VPS system.
  • ✅ FXDD’s VPS system has a built-in chat feature to streamline communication.
  • ✅ You can interact with FXDD through social media integration on the VPS system.

 

 

The FXDD VPS system allows you to read the latest ForexLive information.

 

FXDD VPS Review

 

FXDD vs. Other Notable Brokers

 

🔎 Broker🥇 FXDD🥈 Eightcap🥉 Vantage Markets
💴 Withdrawal FeeNoneNone✅ Yes
🆓 Demo Account✅ Yes✅ Yes✅ Yes
💵 Min Deposit$1$100$50
📈 Leverage1:301:5001:500
📉 SpreadFrom 0.2 pips0.0 pipsFrom 0.0 pips
📊 CommissionsFrom $0.0299$3.5 per sideFrom $3
⛔ Margin Call/Stop-Out100%/50%80%/50%80%/50%
▶️ Order ExecutionMarket, InstantMarketMarket
🎁 No-Deposit BonusNoneNoneNone
🪙 Cent AccountsNoneNoneNone
☎️ Customer Service Hours24/724/524/5
🔟 Retail Investor Accounts223
☪️ Islamic Account✅ YesNone✅ Yes
⬇️ Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️ Maximum Trade SizeUnlimited100 lotsUnlimited
🕰️ Min. Withdrawal Time1 Business DayInstantInstant
⏰ Max. Withdrawal Time3 – 5 Business Days1 – 3 working days3 – 5 working days
💳 Instant WithdrawalsNone✅ Yes✅ Yes

 

 

FXDD Pros and Cons

 

✅ Pros❎ Cons
ECN account holders can get 25% of their commissions back, making it cost-effective for high-volume tradersTraders do not receive rebates on energies or other financial instruments, limiting cost-saving benefits for trading these assets
FXDD has 24/7 multilingual live chat, email, and phone supportFXDD does not offer a sign-up bonus
FXDD gives Monthly cashbacks to Introducing Brokers (IBs) to ensure partners receive a steady revenue streamFXDD does not offer guaranteed stop-loss orders
FXDD's no-hidden fees boost its credibilityThe demo account expires after 90 days
FXDD offers Forex, precious metals, energies, indices, and stocks, giving traders many optionsFXDD is a member of a compensation fund, but its compensation amount is capped at 20,000 EUR
FXDD protects client funds and data with segregated accounts, SSL certificates, and 2FANew traders may be confused by the ECN Account's commission-based cost structure
Standard Account traders can earn up to 0.7 pips in rebates, lowering trading costsIslamic accounts may have higher spreads and commissions than standard accounts
MetaTrader 4 and 5, FXDD Mobile, and FXDD Web meet various trading needsFXDD offers some educational resources, but they may not be enough for beginner traders

 

FXDD vs. Other Notable Brokers

 

FXDD Customer Reviews

 

🥇 Perfect for experienced traders.

FXDD offers a minimum deposit requirement of $1, which can be an attractive feature for some clients. However, novice traders may find the standard account spreads, which start from 1.9 pips, high. In addition, the maximum leverage of 1:30 may not be sufficient for certain trading strategies. For experienced traders, the ECN account may be more appropriate with its acceptable trading conditions. – Andrea Montgomery

 

 

🥈 Happy Overall.

FXDD’s low entry threshold of $1 can be a good starting point for novice traders. The platform, which is MT4, is well-known and reliable. In addition, FXDD allows clients to place orders by phone or email if there are any issues. – Kiran Glover

 

 

🥉 Great.

FXDD has provided retail traders and investors with a suitable trading environment since 2015. Its reliability and trading conditions make it an attractive choice for many. As a long-term client of FXDD, I continue to trade on this platform and recommend it to others. – Charlie Cohen

 

 

FXDD Customer Reviews

 

Recommendation for Improving FXDD Cashback Rebates

 

FXDD does not provide extensive information on its Introducing Broker program and the rebates that IBs and their clients could earn. Therefore, the recommendation is for a more transparent schedule for IBs and their clients.  Furthermore:

 

  • ✅ The rebate terms and conditions could be simplified to make it easier for traders to understand their eligibility.
  • ✅ Offering educational content to maximize the benefits of the rebates program can assist traders in making more informed decisions.
  • ✅ Rebates may not apply to all trading instruments. Extending the rebates to a broader range of financial instruments may entice traders interested in various markets.
  • ✅ While FXDD’s fees and rebates are transparent, providing a detailed breakdown of how rebates are calculated for each trading instrument could increase trust and clarity.
  • ✅ A dedicated customer support channel for rebate-related inquiries can ensure that traders’ questions are promptly and accurately answered.
  • ✅ Limited-time promotional offers with higher rebates may entice new traders and encourage existing traders to increase their trading volume.
  • ✅ Implementing a tiered system based on trading volume or account type could encourage more trading activity, benefiting both the broker and the trader.
  • ✅ Implementing a feature on trading platforms that allows traders to track their earned rebates in real time could improve the user experience.

 

 

Providing some basic guidance on the tax implications of receiving rebates could be useful, though it should be noted that this does not replace professional tax advice.

 

 

Our Verdict on FXDD

 

According to our research, FXDD is a reputable broker in the forex trading industry, providing a variety of trading platforms and instruments for both novice and experienced traders.

Its rebates program is an attractive feature to reduce trading expenses and increase profitability. As with any financial incentive, it comes with restrictions that traders must navigate carefully.

Positively, the rebates program can significantly reduce the cost of trading, particularly for high-volume traders. This cost-cutting mechanism can be a game-changer in a market with razor-thin margins.

Additionally, FXDD’s transparent fee structure and absence of hidden fees lend credibility to their product. However, the program is not devoid of restrictions.

Therefore, we urge traders to consider the possibility of excessive trading due to the allure of rebates, the complexity of understanding rebate calculations, and the restrictions on which instruments the rebates apply. Furthermore, regulatory and tax implications cannot be disregarded.

 

 

FXDD Frequently Asked Questions

 

What are FXDD trading rebates?

Trading rebates from FXDD are a portion of the transaction cost returned to the client on each trade, resulting in a lower spread and higher profit.

 

What are forex trading rebates?

Forex trading rebates are cashback or discounts given to traders by their broker in exchange for executing trades. A portion of the spread or commission paid to the broker is returned to the trader, lowering the overall trading cost.

 

How do forex trading rebates work with FXDD?

FXDD provides rebates based on trading volume and financial instrument type. Rebates are typically calculated per lot traded and can differ depending on whether you have a Standard or ECN account. The rebates can sometimes be credited back to your trading account or withdrawn as cash.

 

Will my FXDD trading spreads increase if I use a rebate provider?

No, using a rebate provider will not cause your spreads to rise. Instead, you’ll pay lower transaction fees and have a higher win ratio.

 

Are forex trading rebates taxable?

Yes, forex trading rebates are generally considered income and may be subject to taxation.

 

Are there any limitations or restrictions on using forex trading rebates?

Yes, there may be restrictions such as minimum trading volumes to qualify for rebates or restrictions on rebate withdrawal. Furthermore, rebates may not apply to all financial instruments or account types.

 

How can working through a rebate provider be better than working directly with FXDD?

Working with a rebate provider may be preferable to working directly with FXDD because traders can earn more money per trade, making trading with a rebate provider more profitable than opening directly with the broker.

 

Are there any requirements to be eligible for forex trading rebates with FXDD?

Eligibility requirements vary, but in general, you must have an active trading account with FXDD and meet any minimum trading volume requirements that may be specified.

 

Can I combine forex trading rebates with other promotions or bonuses offered by FXDD?

No, FXDD does not currently offer any promotions or bonuses.

 

How are forex trading rebates credited to my account with FXDD?

Rebates are usually credited to your trading account and can be used for future trading or withdrawn, depending on the terms and conditions of FXDD.

 

How are FXDD trading rebates paid?

The rebate provider pays FXDD trading rebates automatically monthly.

 

How can I sign up for forex trading rebates with FXDD?

You may need to opt-in for the rebates program during the account registration process or after your account is set up through the client portal.

 

How can I track and monitor my forex trading rebates with FXDD?

FXDD may include a feature in their trading platforms or client portal that allows you to track your earned rebates in real time. If not, this information should be available on monthly or quarterly statements.

 

What payment options are available for FXDD trading rebates?

Payment methods for FXDD trading rebates differ depending on the provider. Bank wire, PayPal, Skrill, Sticpay, China UnionPay, and Neteller are some payment methods available.

 

How much can I earn through forex trading rebates with FXDD?

You could earn 0.7 pips on the Standard Account or up to 25% on the Raw Account.

 

Are there any conditions for receiving FXDD trading rebates?

Yes, FXDD might require a minimum payment amount or a certain number of monthly trades to receive trading rebates.