FXDD vs TP Global FX

FXDD or TP Global FX – which is better for UK traders 2024? Compare FXDD and TP Global FX in this detailed breakdown of their platforms, features and fees.

FXDD vs TP Global FX Comparison Table 2024

FXDD	TP Global FX
4	3.9
FXDD is ranked #35 among CFD brokers.	TP Global FX is ranked #97 among CFD brokers.
Review	Review
FXDD is an established forex and CFD broker founded in 2002. Regulated in Malta, Mauritius, Peru and Malaysia, the broker provides secure trading platforms, competitive ECN spreads and reliable 24/7 customer support. Competitive pricing and ultra-low latency is also offered via the broker's Direct Market Access execution model and tier 1 aggregated liquidity.	TP Global FX has closed or no longer accepts UK clients. TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog.
Pros
The broker's Trading Central integration offers daily fundamental market analysis, automated chart pattern software and market insights newsletters FXDD is highly accessible for beginners with just a $1 minimum deposit to get started, plus cent, mini, micro and demo accounts The broker offers VPS accounts for algo traders and experienced traders looking to run complex automated strategies MAM and PAMM accounts are available for those who want to manage trader portfolios and earn commissions The broker is regulated by various authorities that offer investor compensation and negative balance protection The broker offers responsive 24/5 multilingual customer support via telephone, email and live chat	Good range of frequently updated educational resources Demo profile with unlimited simulated funds Very tight spreads from 0.2 Support for MT4 and MT5 Copy trading service Accepts crypto deposits ~30ms execution speeds High leverage available True STP pricing
Cons
A $40 inactivity fee applies to accounts that have been dormant for more than 90 days, which is much higher than the $10 charged by many competitors Withdrawal fees apply for more than one payment per calendar month, which is particularly punitive for active traders There's a $25 withdrawal fee for payments under $100, which is steep and will impact beginners and casual traders FXDD offers around 150 instruments - a narrow range compared to the hundreds offered at most top brokers The broker's market insights section is outdated and trails leading competitors	Limited consumer protections in place including negative balance protection High commissions of $15/$8 for the low-spread accounts Not overseen by any top-tier regulators Narrow choice of deposit options Small range of non-forex assets
Awards
Most Transparent Broker in Europe 2022 - ForexRating.com Awards Most Trusted Broker - The Forex Expo Dubai 2021 Awards Best Forex Broker - The Forex Expo Dubai 2020 Best Regulated Forex Broker - Saudi Money Expo 2018	Most Transparent Broker 2021 - Forex Broker Awards Best FX Educational Broker 2021 - Forex Broker Awards Best Affiliate Program 2021 - Forex Broker Awards
FCA Regulated
No List of FCA Regulated Brokers	No
Instruments
Forex, CFDs, Indices, Stocks, Commodities	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$200	$200
Payment Methods
Credit Cards Mastercard Neteller Skrill Visa Wire Transfer	Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
MFSA, FSC, LFSA, SBS	SVGFSA, VFSC, CAMA
Mobile Apps
Yes	Yes (iOS & Android)
iOS App Rating
Android App Rating
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
Yes	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader. Entity dependent.	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
Yes	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP JPY CHF	USD
Commodities
Silver Gold Oil	Gold Silver Copper Oil Gasoline Cocoa Coffee Corn Cotton Aluminium Natural Gas Sugar
CFD
Traders can access CFDs across forex, indices, commodities and stocks. There are no restrictions on short-term strategies, which is good news for scalpers and algo traders. There’s also an excellent range of free tools on offer, including a custom price ticker.	TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms.
Leverage
1:500* Leverage varies depending on the region	1:500
FTSE Spread
2.30	Not offered
GBPUSD Spread<
0.4	From 0.2 pips
Oil Spread
6.0	From 0.2 pips
Stocks Spread
Variable	From 0.2 points
Forex
FXDD continues to offer a leading selection of 90+ currency pairs with ECN pricing. Spreads are decent, coming in at 0.4 pips for EUR/USD during testing. That said, these quotes aren’t as narrow as top competitors like Pepperstone.	TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2.
Assets
90+	50+
GBPUSD Spread
0.4	From 0.2 pips
EURUSD Spread
0.5	From 0.2 pips
EURGBP Spread
1.6	From 0.2 pips
Cryptocurrency
	TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption.
Spread
	Variable
Coins
	BTC ETH LTC XRP EOS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
FXDD	TP Global FX
Review	Review
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