XTB vs fxdd, 2024 Update
Read our In-Depth XTB vs fxdd Review - for 2024
This comprehensive analysis of XTB and fxdd has been revised to reflect any changes for 2024 from industry experts with extensive financial experience in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of XTB vs fxdd does not apply to all countries as follows:
XTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
fxdd Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare XTB vs fxdd
Every platforms for online trading feature a few pros and cons, so any comprehensive XTB and fxdd review cannnot be regarded as thorough without adopting a fair assessment.
Assess XTB and fxdd to understand just how they stack up to each prior to you decide to create an account. A comparative analysis can put things in perspective to ensure that you're informed about the expectations.
So you are looking for a broker and are choosing between XTB or fxdd. Which one is best in 2024?
This XTB vs fxdd comparison contains the most recent information so you can easily compare fxdd against XTB.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You'll get adept at all of the concepts of broker as you continue trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. XTB and fxdd are just two such stages which will take you and your investment into great heights. It's important to compare XTB vs fxdd until you trust them with your money.
Our XTB vs fxdd comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XTB and fxdd side by side.
Our full XTB vs fxdd Review covers everything you need to know about trading using either XTB or fxdd. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
XTB and fxdd are both brokers that have found their way successfully into the broker world. In this review, we have tried to collate a number of the important aspects of both XTB and fxdd. This review will help you to know whether either fxdd or XTB is a good fit for your own investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of XTB and fxdd Compared
XTB offers a minimum deposit of $0 while fxdd offers a $250 minimum deposit.
Why smaller minimum deposits are good and how XTB and fxdd compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
XTB has around 1,500 financial instruments whilst fxdd has around 1,500 on their platform.
The more instruments you can trade on the XTB and fxdd trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of XTB or fxdd.
XTB and fxdd Contact Details
Being able to contact an online trading platform simply is vital. XTB and fxdd have the following contact details and social medias that you can use.
Broker | XTB | fxdd |
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Telephone Number | 020 3695 3085 | +1 212 266 0700 |
uksales@xtb.com | support@fxdd.com.mt | |
Address | Level 9, One Canada Square, Canary Wharf, E14 5AA | 7 World Trade Ctr, Fl 32, New York City, New York 10007, US |
XTB Twitter Account | fxdd Twitter Account | |
XTB Facebook Page | fxdd Facebook Page | |
XTB Instagram Account | fxdd Instagram Account | |
XTB LinkedIn Page | fxdd LinkedIn Page | |
YouTube | XTB YouTube Channel | fxdd YouTube Channel |
Find Out More |
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fxdd and XTB Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of XTB and fxdd we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
XTB vs fxdd - Awards
Broker | XTB | fxdd |
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Awards |
XTB have won a lot of industry awards over the time they have been operating as a financial broker. We list the most recognised awards for XTB below.
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fxdd have won numerous industry awards over the time they have been running as an online broker. We detail the most notable awards for fxdd here.
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Find Out More |
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XTB vs fxdd - Frequently Asked Questions
XTB vs fxdd - Headquarters And Year Of Founding
XTB was founded in 2002 and has its headquaters in Poland.
fxdd was founded in 2010 and has its headquaters in Belize.
What is the minimum deposit for fxdd or XTB
The minimum deposit for XTB is $0.
The minimum deposit for fxdd is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XTB and fxdd are a good option.
XTB vs fxdd - Regulation And Licencing In More Detail
XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.
fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252.
Both XTB and fxdd have a strong set of rules for ensuring honest trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare XTB vs fxdd Commission And Fees
XTB and fxdd are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those that are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither XTB or fxdd charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by XTB and fxdd are relatively higher. As a result, you're billed more for non-trading activities on your trading account, like withdrawal and deposits. These aren't about the purchase and sale of resources.
This XTB vs fxdd review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For XTB And fxdd
What Languages Do XTB And fxdd Support?
Being able to chat completely with your online broker is a key element when comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you can find all the languages that both XTB and fxdd offer communication in.
How Many Clients Do XTB and fxdd Have?
Both XTB and fxdd are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients XTB and fxdd have
What Payment Methods Do XTB and fxdd Accept?
XTB and fxdd both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at XTB and fxdd
What Can You Trade With XTB and fxdd?
XTB offers 1,500 trading instruments and fxdd offers 124.
Below you will find a full breakdown of what both XTB and fxdd offer.
XTB Review
XTB vs fxdd:
Table Of Contents
- Compare XTB vs fxdd
- Benefits of XTB and fxdd Compared
- fxdd and XTB Mobile App Comparison
- XTB vs fxdd - Awards
- XTB vs fxdd - Frequently Asked Questions
- What is the minimum deposit for fxdd or XTB
- XTB vs fxdd - Regulation And Licencing In More Detail
- Compare Broker Fees For XTB And fxdd
- What Languages Do XTB And fxdd Support?
- How Many Clients Do XTB and fxdd Have?
- What Payment Methods Do XTB and fxdd Accept?
- What Can You Trade With XTB and fxdd?