VALETTA, Malta, Oct. 25 /PRNewswire/ -- FXDD, a leading online Forex broker, announced that the firm now provides Forex trading accounts using Japanese yen as a base margin currency in addition to the U.S. dollar. FXDD expects to offer similar options in other major currencies including the Euro, British pound and others shortly, the firm said.
With more than 100,000 customer accounts, FXDD offers 24-hour Forex trading worldwide via its trading platforms, which include Metatrader, FXDDtrader, PowerTrader powered by Currenex and FXDDAuto, which allows customers to run a sophisticated portfolio of forex trading signals provided by a various experts around the world.
"Trading accounts based in local currency has been a long awaited feature that will significantly increase the ease of use and comfort level of our customers. They will not have to deal with currency conversion when transferring money to and from their trading accounts and they can capitalize on the benefit of their home currency increasing in value," said Lubomir Kaneti, Executive Director of FXDD Malta.
FXDD, the preferred choice for discerning professionals and customers, focuses on quality of service and dedicated support in both MetaTrader retail and institutional trading environments. FXDD provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers. The unique features of FXDDs automated liquidity engine, supported by six of the world's most renowned banks, allows the firm to provide to its customers very competitive spreads, excellent liquidity and stable execution even during volatile markets, FXDD said.
FXDD (www.fxdd.com.mt), is a Foreign Exchange Dealer registered as a Category 3 Financial Services Firm with the Malta Financial Services Authority and is headquartered in Valletta, Malta. FXDD is a leader in online Forex trading dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. FXDD provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. FXDD offers 24-hour Forex trading by way of its trading platforms, which include: Metatrader, FXDDTrader, PowerTrader and FXDDAuto. The Company's services currently provide competitive interbank pricing, no-interest accounts, and fully-automated execution. FXDD also provides 200:1 leverage as well as competitive bid-to-ask spreads (as low as 0.5pip - wide on majors).