FXDD Global, a leader in online forex trading, today announced the launch of FXDD Trading. The new entity is based in Bermuda, long considered an offshore financial center with a well-deserved reputation for the integrity of its financial regulatory system.
Scenery of Bermuda
The new outfit is held by Currency Mountain Holdings, the holding company of FXDD Global and other leading brands within the FX industry. The new entity will meet the increasing demand for a more flexible trading environment that offers greater leverage, access to tier-1 liquidity, powerful trading functionality, enterprise-level proprietary technology,combined with the superior customer service, and reliable streaming liquidity for which the FXDD companies are known.
FXDD Trading is equipped to offer exceptional trading tools not currently available in other regions such as 500:1 leverage and a five percent annual percentage interest rate on unused margin. These value-added features are offered in addition to competitive pricing, deep liquidity, fully-automated execution, and multiple specialized deposit methods. All funds in FXDD Trading accounts will be held in the United States by Bank of America, an N.A. Member FDIC and clients of FXDD Trading will experience similar ‘Know Your Customer’(KYC) and Anti-money Laundering (AML) policies as those of other FXDD entities.
“We’ve seen a growing appetite in the foreign exchange industry for the freedom that an entity like FXDD Trading offers,” said Emil Assentato, chairman and chief executive officer at Currency Mountain Holdings. “The new company is committed to innovation on behalf of retail and institutional currency traders, hedge funds, commercial entities, brokerage firms and money managers across the globe following in the tradition of other FXDD brands.”
FXDD Trading is open and accepting applications. Since opening to existing clients earlier this month, more than 15,000 traders have already taken advantage of the opportunity to open trading accounts with the new entity.
As a wholly-owned subsidiary of Currency Mountain Holdings, FXDD Trading clients enjoy access to all 15 cutting-edge trading platforms currently available to FXDD Global clients and the high-quality customer service and technical support in 13 languages that they have come to expect from the FXDD brand.
For more information about FXDD Trading, click here.