What Account Types and Fees Does FXDD Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and casual traders |
No commission, competitive spreads, easy to use |
Minimum deposit of $200, suitable for general trading |
| Premium Account |
Experienced traders and scalpers |
Low spreads from 0.0 pips, small commission per lot |
Minimum deposit of $200, ideal for high-frequency trading |
| Ultra Account |
Professional traders seeking low costs |
Ultra-low spreads, high leverage up to 500:1 |
Minimum deposit of $1,000, must trade actively |
| Islamic Account |
Traders requiring Sharia-compliant trading |
Swap-free trading conditions |
Available for all account types upon request |
| Demo Account |
New traders wanting to practice |
Access to real market conditions without risk |
Available with a virtual balance for 30 days |
Account Opening Process
Opening an FXDD account is a straightforward process that typically involves the following steps:
1. Visit the FXDD website and click on “Open Live Account”.
2. Complete the registration form by providing personal, employment, and financial information.
3. Upload necessary documents for identity verification, including a government-issued ID and proof of address.
4. FXDD will review your submission, often within 24–48 hours.
5. Once verified, you can fund your account through the Client Portal.
6. You may choose to upgrade to a Professional Account later if you meet the eligibility requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for majors |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for popular pairs |
| CFDs (Gold) |
0.3 |
$0.5 |
Low spreads for commodities |
| CFDs (Indices) |
1.5 |
$1.0 |
Access to major global indices |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
FXDD maintains transparency regarding other potential fees that traders should be aware of:
– Deposit/Withdrawal Fees: No fees for deposits; the first withdrawal each month is free, while subsequent withdrawals incur a $40 fee. Wires under $100 attract an additional $25 fee.
– Inactivity Fees: Accounts inactive for over 90 days are subject to monthly inactivity fees, ranging from $40 to $70 based on the duration of inactivity.
– Platform Usage Fees: No specific platform usage fees are charged; all trading platforms are accessible without additional costs.
– Overnight Interest (Swap Rates): Standard swap rates apply for positions held overnight, with swap-free options available for Islamic Accounts.
– Currency Conversion Fees: Applicable if trading accounts are funded in a currency different from the base currency of the account.
