Compare FXDD Vs FirewoodFX: Which is the Better Forex Broker in 2024?
FXDD Vs FirewoodFX, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FXDD Vs FirewoodFX, here is the direct comparison:
Compare | FXDD | FirewoodFX |
General Rating |
1.00/5 |
1.00/5 |
Score | ||
Trustpilot |
3.8/5 21 users |
3.6/5 1 users |
πΌ Regulation | ||
β Info | ||
β Established | 2002 | 2014 |
π² Min Deposit | $250 | $10 |
β Max Leverage | 1:30 | 1:1000 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | ||
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Wire transfer, Credit/debit cards, Neteller and UnionPay | Wire transfer, Credit/debit cards, UnionPay, Perfect Money, FasaPay, Tether (USDT), Stellar (XLM), Binance Coin (BNB) and Crypto |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, German, English, Spanish, French, Japanese, Portuguese, Russian, Turkish, Vietnamese, Chinese | English, Indonesian, Chinese |
πͺ Trade Now | Open FXDD | Open FirewoodFX |
Compare Again
Testimonials
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FXDD: Terrible customer service in every way. I had so many...
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FXDD: After 5 years, I quit this broker. Spreads widen significantly...
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FXDD: These people are thieves! They have closed my trades out...
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FXDD: I opened bonus account no deposit $250. Then I made...
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FXDD: They don't give back my money. Customer service is really...
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FirewoodFX: Very good, but slippage can be better
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FirewoodFX: Best low spread broker
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FirewoodFX: Everything is top notch
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FirewoodFX: They frustate me!!
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FirewoodFX: Instant execution!
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See More FXDD Testimonials
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See More FirewoodFX Testimonials
News
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FXDD Celebrates 20th Anniversary
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IronFX And FXDD To List On NASDAQ By RTO Merging
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FXDD Helps Investors Find Reliable Forex Fund Managers
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FirewoodFX Launched PAMM Service
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FirewoodFX Ranks First as Best Broker in Southern Asia 2015
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FirewoodFX, MFX Will Adjust Margin On Greek Drama
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FirewoodFX Honored Broker with the Best STP in South East Asia
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See More Related FXDD News
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See More Related FirewoodFX News
Article
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FirewoodFX Mobile App for Trading on the Go
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Guide to FirewoodFX Deposit and Withdrawal
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How to Open Account in FirewoodFX
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Get 88% Deposit Bonus with FirewoodFX
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The Ultimate Guide to FirewoodFX $50 Welcome Bonus
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FirewoodFX Forexcopy: An Easy Way to Copy Successful Traders
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FirewoodFX Micro Account: A Low-Risk Way to Trade Forex
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Trade for Free with FirewoodFX $50 No Deposit Bonus
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See More Related FirewoodFX Article
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FXDD provides their pricing with Fixed spread while FirewoodFX offers Fixed spread.
FXDD vs FirewoodFX: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FXDD enables trading with MetaTrader 4 (Limited with 90 days), MetaTrader 5, FXDD Trader (Limited with 90 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FirewoodFX provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is FXDD or FirewoodFX better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FXDD supports trading with Forex, Gold & silver, Oil, Stocks, Indexes, Metals, while FirewoodFX presents the ability of trading with Forex, Gold & silver.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FXDD and FirewoodFX:
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- Compare FXDD vs ADSS
- Compare FirewoodFX vs FXTM
- Compare FirewoodFX vs Blueberry Markets
- Compare FirewoodFX vs easyMarkets
For more comparisons, visit this page.