WikiFX

Reply

FXDD is currently listed as unverified in terms of regulation. Although it was initially licensed by the Malta Financial Services Authority (MFSA) and the National Futures Association (NFA) in the United States, the current status of these licenses is unverified. This raises significant concerns about the legitimacy of the broker in my view. While FXDD offers a wide range of market instruments and supports popular trading platforms like MT4 and MT5, the lack of verified regulation makes it less appealing to traders who prioritize security and trustworthiness. As a trader myself, I always look for regulated brokers as they offer an extra layer of protection, ensuring that my funds are kept safe. My personal recommendation is to consider carefully whether the lack of regulation is a risk you're willing to take when trading with FXDD.