The FXDD Minimum Deposit for first-time traders is $1 / R16 ZAR. this is an extremely low minimum deposit amount and should present no barrier to entry to new traders.
FXDD at glance
| Broker's Name | FXDD |
| 📍 Headquartered | Malta |
| 📅 Year Founded | 2002 |
| ⚖️ Regulating Authorities | MFSA, FSC, LFSA, SBS |
| 🌐 Countries not accepted for trade | United States, American Samoa, Angola, Belarus, Bermuda, Burundi, Cameroon, Central African Republic, Chad, Congo, Congo, Democratic Republic of the, Cuba, Equatorial Guinea, Gabon, Iran (Islamic Republic of), Korea (Democratic People's Republic of), Lebanon, Libya, Marshall Islands, Puerto Rico, Russian Federation, Sao Tome and Principe, Sudan, Syrian Arab Republic, Venezuela (Bolivarian Republic of), Virgin Islands (U.S.), Yemen, Zimbabwe |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30* *1:30 applies for EU citizens Leverage can go up to 100:1 depending on traders' jurisdiction |
| 💰 Minimum Deposit | $1 |
| 💳 Deposit Options | Credit cards Bank wires Neteller Skrill Zotapay Crypto & more depending on the region |
| 💳 Withdrawal Options | Credit cards Bank wires Neteller Skrill Zotapay Crypto & more depending on the region |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5, FXDD WebTrader OS Compatibility Windows, Mobile, Web, iPhone, iPad |
| 📈 Tradable assets offered | Forex, stock, commodities, indices, On-Exchange Stocks & ETFs, Futures |
| 📱 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
Min Deposit USD 0 Regulators FSC, MFSA, LFSA, SBS Trading Platform MT4, MT5, WebTrader, FXDD Mobile Crypto Yes Total Pairs 90+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our FXDD Minimum Deposit below.
FXDD Minimum Deposit – 5 key points quick overview:
- ✔️FXDD Minimum Deposit
- ✔️FXDD Deposit fees and deposit methods
- ✔️Step by step guide to depositing the minimum amount
- FXDD Pros and Cons
- Frequently Asked Questions
Here is our overview of the FXDD Minimum deposit as well as the pros and cons as well as features that are offered to traders.
FXDD Minimum Deposit
The minimum deposit amount required to open a broker account with FXDD is £1/$1. This is an extremely low minimum deposit amount and should present no barrier of entry to new traders.
FXDD Deposit fees and deposit methods
FXDD offers a fairly limited though popular list of accepted deposit methods, which include the following:
➡️️ Credit cards
➡️️ Bank wires
➡️️ Neteller
➡️️ Skrill
➡️️ PayPal
➡️️ ClickandBuy
FXDD does not charge a wiring fee for incoming wires. For withdrawals, FXDD will cover the costs of the first withdrawal per client each calendar month. Additional redemptions from any of the client’s accounts during the same calendar month will result in a $40 charge per redemption. The minimum redemption amount for wires is $100.
If the redemption amount is less than $100 there will be an additional $25 fee charged. As such, FXDD highly recommends you use an alternate payment processor to avoid this fee. Apart from this wire fee, all other payment methods are processed without additional deposit fees or withdrawal fees.
With regards to deposit currencies, FXDD accepts deposits in USD, EUR, GBP, JPY, CHF and BTC. This is a limited selection of deposit currencies. Traders depositing in smaller currencies, such a ZAR/Rand, will incur conversion fees. It is recommended to speak to the broker’s client support team with regards to conversion fees pertaining to your deposits.
To withdraw profits, clients must complete a funds withdrawal redemption form. Redemption requests require 24-48 hours to process. Clients can also transfer funds between existing or new accounts through the funds transfer form.
Step by step guide to depositing the minimum amount
Traders can deposit fund using the following steps:
Step 1 – Open up the FXDD Website
Navigate to the official FXDD website.
Step 2 – Click on the “deposit” tab
On the top right of the home page menu, click on the “deposit” tab.
Step 3 – Click on the “deposit via Customer Portal” tab
Open up the “deposit via customer portal” tab.
Step 4 – Login to your FXDD account
Log in with your username and password to access your FXDD dashboard.
Step 5 – Choose your deposit method
Choose your deposit method and amount.
Min Deposit USD 0 Regulators FSC, MFSA, LFSA, SBS Trading Platform MT4, MT5, WebTrader, FXDD Mobile Crypto Yes Total Pairs 90+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
FXDD Pros and Cons
| ✔️ Pros | ❌ Cons |
| Extremely low minimum deposit | High fees are charged on wire transfers |
| No deposit fees | Limited number of accepted deposit currencies |
| No withdrawal fees on e-wallets |
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You might also like: FXDD Islamic Account Overview
You might also like: FXDD Sign up Bonus
Frequently Asked Questions
What is the minimum deposit for FXDD?
The minimum deposit amount required to open a broker account with FXDD is £1/$1. This is an extremely low minimum deposit amount and should present no barrier of entry to new traders.
Can I make a minimum deposit into an FXDD account in the currency ZAR/Rand?
Yes, but it will incur conversion fees. Rather speak to the broker’s client support team with regards to conversion fees pertaining to your deposits.
How do I make a deposit and withdrawal with FXDD?
FXDD offers a fairly limited though popular list of accepted deposit methods, which include the following:
- Credit cards
- Bank wires
- Neteller
- Skrill
- PayPal
- ClickandBuy
Does FXDD charge withdrawal fees?
For withdrawals made through wire transfer, FXDD will cover the costs of the first withdrawal per client each calendar month.
Additional redemptions from any of the client’s accounts during the same calendar month will result in a $40 charge per redemption. Minimum redemption amount for wires is $100. If the redemption amount is less than $100 there will be an additional $25 fee charged.
All other payment processes will not incur withdrawal fees.
How long does it take to make a withdrawal?
To withdraw profits, clients must complete a funds withdrawal redemption form. Redemption requests require 24-48 hours to process.
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