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Originally Posted by Morpheus
You must not have read my post on interbankfx. Interbankfx and fxdd and many others are all the same and maybe even owned by the same people. They all get two stars by forexbastards.com . Yes, they do that intentionally. I was in denial , too but then I woke up and went to Oanda. I'm happy now.
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FXDD isn’t even Registered
Just reading
http://forexbastards.com/Fxdd.shtml and WOW thay have 10 times as many complaints!
Rread 8th post down It’s true FXDD isn’t even NFA Registered, I just called to asked, the rep quickly became quite and ask me to hold on, came back to explain thay are not directly Registered but thay fall under their parent companies Registered

I asked what dose this mean, if FXDD were to go down would we (account holders) be able to retrieve our funds? He replied certainly but could not explain the procedures
Now I’m no expert but this sounds very fishy, Is this some kind of loophole to avoid audits and registration fees is it legal is their any other FX firms using this same loophole, and how safe our funds with a un regulated fx firm? And last but not least, why didn’t FXDD disclose this to us?
