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My Forex experience and some Forex related information that might be useful to other traders

FXD24 — New Forex Broker

September 21st, 2008

I’ve decided to add a new Forex broker to the list on my site today. It’s FXD24 — I’ve seen this broker before, but I’ve been in doubts about it because it looked too suspicious to me. But eventually I’ve thought that adding it to the list isn’t the same as recommending it, so now it’s there. FXD24 is quite new — it went on-line somewhere around December 2007, but its site claims that it’s on-line since 2003, which is the unnecessary lies, in my opinion. FXD24 isn’t regulated by any authority, but they claim to be from London, which is doubtful, since the British brokers are required to be registered with FSA, as far as I know. There is little or no information about this Forex broker in the net, so I will welcome any review or commentary about it.

As to he good side of FXD24, they offer MetaTrader 4 platform, several deposit/withdrawal methods (including my favorite — WebMoney) and $250 minimum to start trading with 1:400 leverage. The leverage is flexible but the minimum traded amount is 0.1 standard lots.

Update: The original title of this post was FXD24 — New Forex Broker I Wouldn’t Trade With, but I’ve changed it now. I’ve been contacted by a representative of FXD24 because this blogpost went quite high on Google for «FXD24» keyword and he said that it could hurt their business. Not like I’ve changed my opinion about them, but I don’t want to make someone’s life worse, I just want to inform traders.


3 Responses to “FXD24 — New Forex Broker”

  1. Danielle

    thank you for being honest :)

    Reply

  2. xeva

    hi all, i do have a real acc since dez.07 and i am happy with execution and sevices. if someone here who are working with fxd24?

    thx xeva

    Reply

  3. Simon

    My experiences of the trade with this Company are not very big, but I already had to remove the profit and had no problems with anything. Although I got several times a warning message from the Company when i made scalping. I have REAL accounts in some different company’s, but I can say that in FXD24 are the best conditions of all of them for trade.

    Reply

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