Editor’s Verdict
Overview
Review
Headquarters | United Kingdom |
|---|---|
Year Established | 2003 |
US Persons Accepted? |
The company called FX direct S.A., which runs fxd24.com, claims to have been “the leading online forex broker since 2003.” Compared to many of their competitors they got a fairly early start at least. The 24 in the web site’s name hints at the any time anywhere approach they bring to foreign exchange trading. This is nothing if not convenient. FX direct S.A. offers 24-hour on-line trading opportunities in the Forex market via the Internet presence at fxd24.com or traders can opt to use their phone desk.
An exact feel for the kind of trader served by fxd24.com is a little harder to come by. The minimum required deposit is a mere $10 USD, with leverages available up to 1:400. The FX direct S. A. trading platforms are designed for both professional traders who earn money by receiving short-term profit, as well as managers of investment funds who tend to go longer term. The platforms on offer at fxd.com are apparently proprietary to FX direct S.A. FXD Real is designed for traders at any level and FXD Pro sports features that might appeal more to the professional trader.
The platforms are tightly integrated with the way the company does business. Investigating the features found in FXD Real, for instance, mentions that those new to Forex will only be able to able to start trading with a real account, after they have studied the trading conditions. The trading platform offers leverages from 1:20 to 1:400, quotes for all currencies in the real time mode, and range of technical indicators and graphic tools designed to analyze market movements. As you may have surmised a free demo account option is also available. Support includes chat and
The FXD Pro platform offered by FX direct S.A. is designed for both corporate and private customers with large trading volumes. It sports advanced capabilities and options such as over 35 currency pairs, placing orders within the expansion set by the market, and trading directly with banks. The fact that FXdirect S.A. does not charge any commission for opening an account could be worth further investigation.
Trading Platform
