FXGT is a Forex company with many Japanese users. FXGT has a very good reputation among Japanese users, but which one is better compared to FXDD, which has a good reputation as well? Let’s compare the features of the two companies.
FXGT company profile
The operating company is 360 Degrees Markets Ltd. 360 Degrees Markets Ltd is located in the Seychelles. Seychelles is an island country with many financial companies, and there are many companies that operate FX. This is due to the relatively loose regulation of the Seychelles.
What is FXDD?
FXDD is an American Forex company, and since it was established in 2002, it has a very long operating period and is well known. Many traders have registered because we regularly hold trading contests. The drawback is that the withdrawal fee is a little high.
FXGT offers 5 account types, each with its own characteristics. Therefore, the account type you choose will depend on your trading strategy, user level, and trading method. It is better to compare the contents before deciding which account type is best for you.
word of mouth and reputation
One of the reasons why FXGT has such a good rating is that the deposits and withdrawals are very fast. This is quite popular with users, and some users are surprised at the speed of response.
Distribution of registered users, by region and country
FXGT has almost only Japanese traders, but in the case of FXDD, users are concentrated in Asia, the Middle East, and the United States as shown below. The main users are Japanese and American, accounting for about half of the total.
Source : TradersUnion
FXGT VS FXDD
|360 Degrees Markets Ltd||FXDD Trading|
|Account Open Bonus|
FXGT has a maximum leverage of 1000 times, so high leverage trading is possible. On the other hand, FXDD is 500x, which may feel a little unsatisfactory.
FXGT has a financial license. In addition, withdrawal refusals and troubles have not occurred so far, so you should be able to use it with confidence. FXDD is unlicensed, so you will be quite worried.
FXGT mainly supports only MT5. Therefore, you may find it difficult to use. On the other hand, FXDD supports not only its own tools, but also MT4 and MT5.
You can see that FXGT is very large in terms of the number of currency pairs handled as a whole. FXGT is good if you want to invest in many stocks.
average spread comparison
We compared FXGT’s standard account and FXDD’s standard account. Looking at this, FXGT is recommended as it has tighter spreads.
Open an account for free
FXGT can open an account for free. It’s free, so there’s no risk. Please refer to the article below on how to open an account.