Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
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BrokerDNA™
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
FXDD
6.8
/10
VISIT FXDD
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
Admiral Markets
9.8
/10
VISIT ADMIRAL MARKETS
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
XTB
10
/10
VISIT XTB
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
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About |
FXDD is regulated by MFSA. FXDD have provided Forex, Metals, Options, CFD, Oil trading services since 2002. |
Admiral Markets is regulated by BaFin, the Financial Conduct Authority and CNMV. Admiral Markets have provided Forex, Commodities, Indices, Shares, Bond trading services since 2001. |
XTB is regulated by the Financial Conduct Authority. XTB have provided Forex, CFD, and social trading services since 2002. |
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Why choose them? |
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Headquarters | Floriana, Malta | London, UK | Level 34, One Canada Square, Canary Wharf, E14 5AA, London, UK | |
TRADING SERVICES OFFERED |
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Spot Forex | ||||
Forex (CFD) | ||||
CFD | ||||
Spread Betting | ||||
Social Trading | ||||
MARKETS & INSTRUMENTS | ||||
Forex (currency pairs) | 47 | 48 | ||
Commodities Offered | 15 | 21 | ||
Stocks Offered | 10 | 3000 | 1606 | |
Bitcoin | ||||
Majors | ||||
Indices | ||||
US Stocks | ||||
Penny stocks | ||||
Energies | ||||
Metals | ||||
Agriculturals | ||||
FTSE | ||||
Dow Jones | ||||
Dax | ||||
Nikkei | ||||
ETFs | ||||
IPO | ||||
See all instruments
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
See all instruments
83% of retail investor accounts lose money when trading CFDs with this provider |
See all instruments
82% of retail investor accounts lose money when trading CFDs with this provider. |
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PLATFORM & FEATURES |
See the platforms and features offered by each broker |
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Screenshot |
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MT4 | ||||
MT5 | ||||
MT4 Mac | ||||
WebTrader | ||||
Mirror Trader | ||||
ZuluTrade | ||||
Sirix | ||||
cTrader | ||||
PAMM | ||||
Custom Platforms | RoboX | -No | Xstation5 | |
APPS |
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iOS |
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Android |
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Windows |
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Available Languages |
English, Spanish, Hungarian, Bulgarian, Czech, German, Dutch, French, Estonian, French, Greek, Latvian, Lithuanian, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian |
English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian. |
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See platform & features
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
See platform & features
83% of retail investor accounts lose money when trading CFDs with this provider |
See platform & features
82% of retail investor accounts lose money when trading CFDs with this provider. |
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ACCOUNT INFORMATION |
From micro accounts to ECN accounts, compare the accounts offered by FXDD and Admiral Markets |
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Demo account | ||||
Mini account | ||||
Micro account | ||||
Standard account | ||||
ECN Account | ||||
Islamic account | ||||
Zero spread account | ||||
VIP account | ||||
Fixed spreads | ||||
Variable spreads | ||||
See account options
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
See account options
83% of retail investor accounts lose money when trading CFDs with this provider |
See account options
82% of retail investor accounts lose money when trading CFDs with this provider. |
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TRADING CONDITIONS |
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Scalping | ||||
Hedging | ||||
Expert advisors (EAs) | ||||
Virtual private server | ||||
Direct market access | ||||
STP broker | ||||
Market maker | ||||
Min trade | 01 Lot | 0.01 Lot | 0.01 Lot | |
Max trade | None | 200 Lot | 100 Lot | |
Min deposit | $1 | $100 | $1 | |
RISK MANAGEMENT |
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Stop losses | ||||
Limit orders | ||||
One-click trading | ||||
Trailing stops | ||||
Price alerts | ||||
Signal trading | ||||
FUNDING METHODS |
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Credit card | ||||
Bank transfer | ||||
Standard account | ||||
Paypal | ||||
Neteller | ||||
Skrill | ||||
Payment processing time | 2 business days | 1 business day | Same day if requested before 1PM | |
Withdrawal processing time | 5 to 10 business days | 3 business days | Same day if requested before 1PM | |
See all funding options
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
See all funding options
83% of retail investor accounts lose money when trading CFDs with this provider |
See all funding options
82% of retail investor accounts lose money when trading CFDs with this provider. |
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DETAILED INFO |
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Excluded countries | US, CA, JP, SG, MY, JM, IR, TR, AT,BE,BG, HR,CY, CZ,DK,EE,FI,FR,DE,GR,HU,IT,LV,LT,LU,MT,NL,PO,PT,RO,SK,SI,ES,SE | US, CA, JP, SG, MY, JM, IR, TR, AT,BE,BG, HR,CY, CZ,DK,EE,FI,FR,DE,GR,HU,IT,LV,LT,LU,MT,NL,PO,PT,RO,SK,SI,ES,SE | US,IN,PK,BD,IQ,IR,IL,AF,AU,CA | |
Contact email | Send Email | Send Email | Send Email | |
Phone number | (356) 20133933 | (44) (0) 2035140756 | 44 2036953085 | |
Live Chat | ||||
Website | http://www.fxdd.com/mt/en.html | https://admiralmarkets.com/ | www.xtb.com | |
Spreads: | ||||
EUR/USD (Average: 0.7 pips) | 1.6 pips + $3.00 | 0.1 pips | 0.1 pips | |
GBP/USD (Average: 1.1 pips) | 1.8 pips + $3.00 | 0.1 pips | 0.1 pips | |
USD/JPY (Average: 1.1 pips) | 1.6 pips + $3.00 | 0.1 pips | 0.1 pips | |
AUD/USD (Average: 0.8 pips) | 1.7 pips + $3.00 | 0.1 pips | 0.2 pips | |
USD/CHF (Average: 2.3 pips) | 2.0 pips + $3.00 | 0.1 pips | 0.2 pips | |
USD/CAD (Average: 2.9 pips) | 1.8 pips + $3.00 | 0.1 pips | 0.3 pips | |
NZD/USD (Average: 3.6 pips) | 1.8 pips + $3.00 | 0.1 pips | 0.3 pips | |
EUR/GBP (Average: 2.4 pips) | 1.7 pips + $3.00 | 0.3 pips | 0.1 pips | |
View all spreads
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
View all spreads
83% of retail investor accounts lose money when trading CFDs with this provider |
View all spreads
82% of retail investor accounts lose money when trading CFDs with this provider. |
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FEES |
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Inactivity Fee | Yes | No | ||
Commission | No | Yes | Yes | |
Deposit Fee | Varies | No | ||
Withdrawal Fee | No | Yes | No | |
View All Fees
73.6% of retail investor accounts lose money when trading CFDs with FXDD Malta Ltd. |
View All Fees
83% of retail investor accounts lose money when trading CFDs with this provider |
View All Fees
82% of retail investor accounts lose money when trading CFDs with this provider. |
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Last update |
All information collected from http://www.fxdd.com/mt/en.html. Last updated on 01/01/2021. |
All information collected from https://admiralmarkets.com/. Last updated on 01/01/2021. |
All information collected from www.xtb.com. Last updated on 01/01/2021. |
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Company |
FXDD is a trusted online broker regulated by multiple authorities around the world including the Financial Conduct Authority in the UK. FXDD offer customised solutions to everyone from retail traders, hedge fund managers to white label products. Their global reach and state of the art technology have enabled FXDD to outgrow other brokerages and become a global force in Forex trading. They provide customer service in 13 languages and have a devoted client service no matter the size of the trader. FXDD also provide comprehensive training to cater for all levels of traders and hold daily interactive classes taught by expert analysts on top of the web based tools including trading calculators. They provide two simple pricing models, standard and ECN. Standard offers low spreads with no commissions and guaranteed zero slippage. ECN provides low direct raw spreads with no markups and a small $2.99 per standard lot commission with a 99% fill rate. |
Admiral Markets has become a leading online trading provider since 2001 offering Forex and CFDs on stocks, indices and commodities. Their dedication to providing a quality experience for their customers have seen them provide the latest technology, strong regulatory authorisation, flexible trading accounts and a global presence leading to a trusted and transparent trading experience. For more information about trading with Admiral Markets, we have put together an indepth Admiral Markets review with some of the pros and cons about this broker. |
XTB provides hyper fast execution and facilitates seminars with external professional traders, providing personalised education depending on your individual circumstances. |
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Popular comparisons |
Popular comparisons feat. FXDD
ETX Capital vs FXDD |
Popular comparisons feat. Admiral Markets
Admiral Markets vs IG |
Popular comparisons feat. XTB
XTB vs IG |
If you’re a trader looking for a broker that offers Islamic accounts, FXDD may be the better option. However, if you want a broker with ECN execution, Admiral Markets may be more appropriate.
You can determine a broker’s reliability & trustworthiness by looking at eight factors:
Based on these eight factors, we consider Admiral Markets to be the more reliable broker. We’ve broken down why below:
FXDD is regulated by MFSA, while Admiral Markets is regulated by Financial Conduct Authority, CySEC.
XTB are also regulated by the Financial Conduct Authority.
If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).
This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.
FXDD has been around for 19 years, while Admiral Markets have been around for 20 years. Our third alternative broker, XTB, have been around for 19 years.
You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?
Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.
All three brokers above will hold your money in a separate bank account.
Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.
Both FXDD and Admiral Markets use tier one banks, but we are not sure of which bank specifically.
If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.
We’re not aware of any penalties or fines imposed by regulators on FXDD or Admiral Markets in the past five years.
While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.
Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.
Both FXDD and Admiral Markets are privately owned companies.
Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.
FXDD are based in Floriana, Malta, while Admiral Markets are based in London, UK .
Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.
This can be broken down into three categories:
If you’re looking to trade currency pairs, both FXDD and Admiral Markets offer forex trading. Admiral Markets have a slightly larger variety of currency pairs with 47 pairs, compared to offered by FXDD. Also, if you’re looking to trade cryptocurrencies, Admiral Markets offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.
If you’re looking to trade commodities like gold, silver or oil, FXDD may be a better fit as Admiral Markets does not offer commodity trading.
FXDD also offer social trading, which allows you to follow the trading activity, engage in discussion, and even copy the trades of other traders.
If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both FXDD and Admiral Markets offer this. Admiral Markets also offer the new & improved MT5 platform. Our alternative broker, XTB, also offers MT4 and MT5.
In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. Admiral Markets, for example, offer a mini account, standard account and VIP account.
If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.
FXDD does allow scalping but doesn't allow hedging. While Admiral Markets also allows scalping and hedging. You can trade with EAs (expert advisors) on both FXDD and Admiral Markets.
In terms of risk management tools, neither FXDD or Admiral Markets offers negative balance protection. Negative balance protection prevents you owing your broker more than you’ve deposited.
FXDD also offer stop losses and limit orders to help you automate aspects of your trading strategy.
Admiral Markets accept Neteller.
Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.
For trading EUR/USD, FXDD charges 0.50 points, while Admiral Markets charges 0.10 points. Therefore, Admiral Markets is the more affordable for this instrument. If you want to compare their spreads across more instruments, You can jump back up to our comparison of their currency pair & indice spreads above.
Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Admiral Markets is more reliable based on our criteria above. Admiral Markets has a wider range of instruments to trade. Admiral Markets offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.
Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:
Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.