OpinionnewsSeptember 9, 20263 min read

FXDD Gives Up Its 16-Year Malta License as Withdrawal Complaints Continue

FXDD voluntarily surrendered its 16-year Malta license and now operates through Peru as traders continue to allege withdrawals have remained stuck since 2024.

ByClarissa PenhallowInvestigative Markets WriterSource: MFSA, Trustpilot and trader petition
FXDD gives up its sixteen-year Malta license — BestForex.io Broker Watch
FXDD gives up its sixteen-year Malta license — BestForex.io Broker Watch

Triton Capital Markets Ltd, the Malta entity trading as FXDD, voluntarily surrendered its Class 2 Investment Services Licence on 25 August 2026. The Malta Financial Services Authority explicitly said the surrender did not result from regulatory action. The decision nevertheless ended 16 years of EU-regulated status for the entity, first licensed in 2010 as FXDD Malta Ltd.

FXDD's Malta Exit Followed a Belgian Passport Withdrawal

The same entity's permission to passport services into Belgium ended on 24 March 2026. The FXDD brand continues through FXDD Trading SAC, registered in Peru, but no financial-services license for that entity was identified in the supplied reporting. A voluntary exit is not evidence of wrongdoing, yet it changes the protections available to clients.

Traders Trace Withdrawal Problems to a 2024 Transition

A Change.org petition opened by Cesar Mejia on 23 July 2024 had 343 signatures when the supplied research was prepared. It cites an FXDD email dated 19 June 2024 announcing that the business had been acquired by 888 Markets and directing clients to a transition address. The petition alleges that the address and previously responsive support contacts stopped answering while withdrawal delays began. Those claims have not been confirmed by a regulator.

FXDD's Trustpilot page carried a 1.5 out of 5 rating across 66 reviews in the supplied material. Leo Stahl alleged in February 2026 that withdrawal promises were not kept. V. Wong alleged in June that a system issue blocked access to an account holding $533,000. Mohammed Qurashi alleged in July that a transfer remained stuck in processing. Earlier reviews describe a six-month communication gap and a $40,000 wire that had not arrived by mid-May 2024.

What the Malta License Surrender Removes

An MFSA investment-services license carries capital, conduct and complaint obligations, plus potential access to Malta's Investor Compensation Scheme. Once the licensed entity exits, clients of a different entity should not assume those protections still apply. Existing customers should identify their current counterparty and obtain written confirmation of the regulator and compensation framework covering their account.

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The Sequence Matters More Than Any One Event

The MFSA says there was no enforcement action, and that qualification matters. The consumer concern is the sequence: an alleged 2024 support breakdown, a Belgian passport ending in March 2026, continuing withdrawal complaints and the Malta license surrendered in August. Together, those events leave customers needing a clear answer about who now holds their account and where a complaint can be taken.

About FXDD

Business: Retail forex and CFD broker

Former Malta entity: Triton Capital Markets Ltd

MFSA status: License voluntarily surrendered

Directory: View the FXDD profile

Frequently Asked Questions

Is FXDD still regulated in Malta?

No. Triton Capital Markets Ltd voluntarily surrendered its MFSA license on 25 August 2026. The MFSA said no enforcement action caused the surrender.

What happened to FXDD in 2024?

A petition and reviews allege that support and withdrawals deteriorated after an email announced a transition to 888 Markets. The allegations have not been confirmed by a regulator.

What are traders saying about FXDD withdrawals?

Reviews from 2024 through 2026 allege long delays, poor communication and account-access problems, including one claim involving $533,000.

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