FXDirectDealer, LLC (known as FXDD) is a provider of foreign exchange trading for retail and institutional clients. The company provides access to the spot

foreign exchange market The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, ...

through proprietary and third-party trading software, including:

MetaTrader 4 MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brok ...

, FXDD Swordfish, PowerTrader, VikingTrader, Mirror Trader, and JForex.

History

FXDD was founded in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

in 2002 by its sister company Tradition (

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

, Inc.), a division of Compagnie Financiere Tradition and Advanced Technologies Group Ltd. The company formerly ran its operations out of Tradition’s headquarters at 75 Park Place, NY. In 2016, the Company moved to Newport tower in

Jersey City Jersey City is the List of municipalities in New Jersey, second-most populous

. In May 7, 2014, FXCM announced it acquired U.S. retail Forex Accounts of FXDD.

Operations

FXDD Malta, LTD, founded in 2010, is a separate entity regulated by the

Malta Financial Services Authority The Malta Financial Services Authority (MFSA) is the main Financial regulation, financial regulator of Malta. The MFSA was founded in 2002 when it assumed the responsibilities of the Central Bank of Malta, the Malta Stock Exchange, and the Malta ...

, which provides its clients with access to the spot foreign exchange, fx options, binary options, and precious metals markets.

Instruments

FXDD began its operations as a retail spot foreign exchange dealer. The company offers trading in the Major currency pairs, cross pairs,

emerging market An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets that may become developed markets in the future or we ...

pairs, gold, silver, and oil. As of August 2013, FXDD offers trading in 32 currency pairs, including the USD/CNY, USD/CNH, USD/MXN, USD/INR, and USD/KRW. FXDD Malta, LTD, the European company, offers spot Forex trading in 32 currency pairs, as well as vanilla options trading, and binary options trading.

Sponsorships

FXDD’s first sports sponsorship was the

New York Rangers The New York Rangers are a professional ice hockey team based in New York City. The Rangers compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern Conference. The team plays ...

. The company signed to be a sponsor in 2009. In 2010, FXDD partnered with the Formula 1

Red Bull Racing Red Bull Racing, currently competing as Oracle Red Bull Racing and also known simply as Red Bull or RBR, is a Formula One racing team, List of Formula One constructors#Team's nationality, competing under an Austrian racing licence and based in ...

Team. In 2010, FXDD sponsored the FXDD Mazda-RX8 driven by Emil Assentato and Jeffrey Segal. The car won the 2010 GRAND-AM Rolex Sports Car Series Championship. FXDD unveiled the all-new AIM Autosport Team FXDD Ferrari 458 Italia GT Grand Am during the 2012 series. The FXDD Ferrari 458 Italia GT Grand Am showcased the FXDD brand colors and logo on its hood and doors. Driven by Emil Assentato and Jeffrey Segal, the team won the 2012 Rolex GT Series Championship. FXDD sponsored the student-run cycling club at the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

from 2006 to 2015. FXDD Malta Ltd sponsored the Malta national soccer team in 2012.

References

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External links

Official website
Companies based in New York (state) Financial services companies established in 2002 Foreign exchange companies Financial services companies of the United States Multinational companies based in New York City