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FXDD , MONEY SQUARE Broker Comparison

Do you want to know which is the better broker between FXDD and MONEY SQUARE ?

In the table below, you can compare the features of FXDD , MONEY SQUARE side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
FXDD
1.62
Unverified
Under guarantee
5-10 years
MFSA
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MONEY SQUARE
7.98
Regulated
Under guarantee
--
--
10-15 years
FSA
--
--
--
--
--
--
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FXDD BrokerRelated News

FXDD BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fxdd and money-square have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxdd

Note: FXDD's official website: https://www.fxddtrading.com/bm/en is currently inaccessible normally.

FXDDReview Summary
Founded2002
Registered Country/RegionMalta
RegulationSuspicious Clone
Market InstrumentsForex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies
Account TypeStandard accounts and ECN accounts
Demo Account
LeverageUp to 1:100
Spread1.8 pips
Trading PlatformMT4, MT5, WebTrader and FXDD Mobile
Min Deposit$100
Payment MethodsVisa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company
Customer SupportPhone: +1 (212) 720-7200
Email: support@fxddtrading.com
Address: 525 Washington Blvdjersey City, NJ 07310

FXDD Information

FXDD, founded in 2002, is a brokerage registered in Malta. The trading instruments it provides cover Forex, Metals, Stocks, Energies, Indices, Stocks and Cryptocurrencies. The Whois website shows that the registration date of this dealer is 2002-05-22.

FXDD Information

Pros and Cons

Pros Cons
Offers diverse market instrumentsSuspicious clone
No deposit or withdrawal fees for most methodsSome negative reviews from clients
MT4 and MT5 supportedNo 24/7 customer support
Demo account available

Is FXDD Legit?

FXDD is regulated by Malta. It has 2 types of licenses - MFSA License, NFA License. But the current status of these licenses is suspicious clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
MaltaMFSATRITON CAPITAL MARKETS LTDMarket Making(MM)C48817Suspicious Clone
Unites StatesNFAFXDIRECTDEALER LLCCommon Financial Service License0397435Suspicious Clone
Is FXDD Legit?
Is FXDD Legit?

What Can I Trade on FXDD?

FXDD offers traders the opportunity to trade Forex, Metals, Stocks, Energies, Indices, Cryptocurrencies.

Tradable Instruments Supported
Metals
Forex
Cryptocurrencies
Indices
Energies
Stocks
Derivatives
Futures
Options

Account Types

FXDD offers 2 different types of accounts to traders - Standard accounts and ECN accounts. It also provides an Demo Account.

FXDD Fees

FXDD charges no commissions. But it charges an inactivity fee.

The amount of the fee depends on how long the account has been inactive, $40 for accounts inactive for less than 1year, $50 for accounts inactive for 1-2 years, $60 for accounts inactive for 2-3 years, and $70 for accounts inactive for over 3 years.

Trading Platform

FXDD's trading platform is MT4 Margin WebTrader, MT5 Margin WebTrader and an app - FXDD Mobile, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTraderWeb, Mobile
MT5Web, Mobile
FXDD MobileMobile

Deposit and Withdrawal

FXDD provides numerous means of deposit and withdrawal choices, consisting of Visa, UnionPay, Neteller, Skrill, Bank Wire and TMI Trust Company. Most deposits and withdrawals do not incur any fees. The minimum deposit is $100.

money-square
MONEY SQUARE Review Summary
Founded2015
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, CFDs
Demo Account
LeverageUp to 1:25
SpreadFrom 0.1 pips
Trading PlatformProprietary platform
Min Deposit0
Customer SupportTel: +81 03-3470-5050
X, YouTube, LINE, Instagram

MONEY SQUARE Information

Founded in 2015, MONEY SQUARE is a regulated broker registered in Japan, offering trading on forex and CFDs with leverage up to 1:25 and spread from 0.1 pips through a proprietary trading platform. Demo accounts are available and there is no minimum deposit requirement.

MONEY SQUARE's homepage

Pros and Cons

Pros Cons
FSA-regulated with long establishmentLimited trading products
Demo accountsNo MT4/MT5 platform
No minimum depositLimited payment options
Only accept Japanese Yen for deposits and withdrawals

Is MONEY SQUARE Legit?

Yes. MONEY SQUARE is regulated by Financial Services Agency (FSA).

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Japan
Financial Services Agency (FSA)Regulated 株式会社マネースクエアRetail Forex License関東財務局長(金商)第2797号
Regulated by FSA

What Can I Trade on MONEY SQUARE?

Tradable Instruments Supported
Forex
CFDs
Bonds
Options
ETFs

Leverage

The broker offers max leverage of 1:25. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Leverage

MONEY SQUARE Fees

MONEY SQUARE does not set transaction fees for users, but charges a certain amount of spreads, for example, from 0.1 pips for USD/JPY, 0.1 pips for GBP/JPY and 0.1 pips for NZD/JPY.

No commission fee is required. Depending on the interest rate situation in each country, swaps may change from “receipt” to “payment”, or payments may be made on both buy and sell positions.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Proprietary platformWindows, Mac, iPhone, Android/
MT4/Beginners
MT5/Experienced traders
Proprietary platform

Deposit and Withdrawal

The broker accepts payments via both quick deposit and transfer payments. MONEY SQUARE recommends the former because it is instant and free of charge, while the latter requires the client to bear the transfer fees. Note that MONEY SQUARE only accepts Japanese Yen for deposits and withdrawals.

Deposit and Withdrawal

Do fxdd and money-square have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxdd and money-square are, we first considered common fees for standard accounts. On fxdd, the average spread for the EUR/USD currency pair is -- pips, while on money-square the spread is --.

Which broker between fxdd, money-square is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxdd is regulated by MFSA. money-square is regulated by FSA.

Which broker between fxdd, money-square provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxdd provides the -- platform with products like --; money-square offers the -- platform featuring assets including --.

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