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FXD24 Forex Broker Review

by forex on May 15, 2009

About FXD24 Forex Broker

FXD Forex

FXD24 is a Switzerland based forex broker, and has been operating since 2007. Their head company is FX direct S.A. (FX direct SA is an on-line forex broker that has been operating since 2003) and although they are situated at one of the better financial countries in the world, they are not regulated by any organization.

This forex company offers 24-hour customer support (online chat is also available), a good thing since forex brokers come from different time zones, hence not all will benefit from time-restricted client assistance.

However, the management is not very active when it comes to giving online events, which might have helped in boosting the company’s popularity, both with prospective and present clients. The company also has a number of international offices, namely Hong Kong, Republic of Panama and United Kingdom.

Due to the somewhat lax nature of the company when it comes to online presence, and the reviews are not so many, it is best to try the demo accounts first.

Basic Broker Details

Site http://www.fxd24.com/
Country of Origin Switzerland
Accepted Deposit Modes Bank wire transfer, any major credit card, Web Money, Liberty Reserve, e-Gold, e-diner, e-bullion
Withdrawal Method Bank wire transfer, any major credit card, Web Money, Liberty Reserve, e-Gold, e-diner, e-bullion
Leverage 1:20 to 1:400
Regulation Body none
Spread 2 pips (EUR or USD)
Minimum Account Requirement $250

Pros of FXD24 Forex Broker

*MetaTrader 4 accepted

*Numerous deposit and withdrawal modes

Cons of FXD24 Forex Broker

* Not very dynamic management

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