After assessingthe best forex brokerson nearly 100 different variables, FXDD is better than Global Prime. Despite a competitive social copy trading offering, FXDDs regulatory footprint is weaker than most EU firms and the brokers overall trading experience, including research, fails to impress.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at team collected over 2,200 data points. For this review, we will compare FXDD vs Global Prime.
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. FXDD is a better option with a 4.00 star rating over Global Primes 3.00 star rating.
Commissions and fees aside, lets take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXDD and Global Prime both are regulated in a major hub. FXDD is a publicly traded company, while Global Prime is not. As far as how many currency pairs are available for trading, heres the answer. Global Prime trails FXDD by 14 total currency pairs (for example, EUR/USD), with FXDD offering 54 and Global Prime offering 40.
Next, lets look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. FXDD alongside Global Prime offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Both FXDD and Global Prime provide clients with access to 31 total charting tools. FXDD and Global Prime offer the same number of indicators (eg, volume), 51.
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The m staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website ( are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.
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