Ive decided to add a new Forex broker to the list on my site today. Its FXD24 — Ive seen this broker before, but Ive been in doubts about it because it looked too suspicious to me. But eventually Ive thought that adding it to the list isnt the same as recommending it, so now its there. FXD24 is quite new — it went on-line somewhere around December 2007, but its site claims that its on-line since 2003, which is the unnecessary lies, in my opinion. FXD24 isnt regulated by any authority, but they claim to be from London, which is doubtful, since the British brokers are required to be registered with FSA, as far as I know. There is little or no information about this Forex broker in the net, so I will welcome any review or commentary about it.
As to he good side of FXD24, they offer MetaTrader 4 platform, several deposit/withdrawal methods (including my favorite — WebMoney) and $250 minimum to start trading with 1:400 leverage. The leverage is flexible but the minimum traded amount is 0.1 standard lots.
Update: The original title of this post was FXD24 New Forex Broker I Wouldnt Trade With, but Ive changed it now. Ive been contacted by a representative of FXD24 because this blogpost went quite high on Google for «FXD24» keyword and he said that it could hurt their business. Not like Ive changed my opinion about them, but I dont want to make someones life worse, I just want to inform traders.
