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FXDD Malta, Ltd. Receives Approval to Start EU Operations by Malta Financial Services Authority (MFSA)
VALLETTA, Malta, Feb. 11 /PRNewswire/ -- FXDD Malta Ltd., a provider of online Forex trading, is proud to announce it has been granted licensing by the Malta Financial Services Authority (MFSA) to operate a Category 3 Investment Services company. Malta is a full member of the European Union, and its financial services regulations are fully harmonized with the EU Markets in Financial Instruments Directive (MiFID). FXDD Malta will provide Forex dealing services to retail and institutional clients.
"FXDD Malta will be at the forefront of the retail Forex industry," said Lubomir Kaneti, a Director of FXDD Malta. "It will offer clients the best of both worlds: proven reliable technology based on the experience of FXDD Malta functioning in a regulatory framework that allows customers the freedom to choose their leverage and style of trading, as well as protection of customer assets."
Clients of FXDD Malta will be able to use many trading platforms including MetaTrader4, MTXtreme, FXDD Trader, FXDD Auto, and multibank ECN hubs using Currenex and Integral technology. Clients will be able to choose between ticket-based or position-based platforms and will have more options for higher leverage levels. In accordance with European regulations, client funds will be segregated from the firm's capital.
In addition to transactions in many foreign currency contracts, FXDD Malta's clients will also be able execute transactions in gold and silver contracts; all of these executable instruments will be displayed in 11 languages and will make FXDD Malta one of the premier global retail Forex dealers.
About FXDD Malta
FXDD Malta, located centrally in the Mediterranean, is dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity to Forex traders worldwide. Individual, institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world will have access to Forex and precious metal execution services 24 hours a day and 5 ½ days a week. The firm's services provide competitive interbank pricing, no-interest accounts, and fully-automated execution. FXDD Malta also provides up to 200:1 leverage for regular accounts, as well as competitive bid-to-ask spreads (2-3-wide on most majors).
Eric Wajnberg | |
212-791-3950 | |
SOURCE FXDD Malta Ltd.
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