Our goal is to provide superior execution, and our mission is to pioneer ever-increasing levels of quality pricing, transparency and execution services, the bedrock of your trading experience.
Forex Execution Models
DEALING DESK EXECUTION
With dealing desk (DD) execution model, you trade forex directly with FXCM as the market maker. Trades execute quickly on the award-winning Trading Station and the industry-standard MT4 platforms. Using a traditional dealing desk model, FXCM determines Mini account prices and spreads.
- Best available price directly from FXCM
- Direct trading with FXCM
- Ideal for traders who want to start small
- For Mini accounts
NO DEALING DESK EXECUTION
FXCM innovated transparency in the forex market with the competitive and market-driven No Dealing Desk (NDD) execution. This execution model gives you access to buy and sell prices streamed directly from several liquidity providers. You can trade confidently in all market conditions because your stops, limits and entry orders are invisible to these price providers, resulting in an environment free of price manipulation. This model promotes efficiency and competition for market pricing but there are certain limitations to liquidity that can affect the final execution of your order.
Generally, there is no markup added to FXCM's Standard No Dealing Desk account type, making our spreads some of the lowest in the industry. In fact, a recent FXCM UK execution study shows our retail client order prices to be better than the Futures Market and Interbank Market prices for forex1.
Indices & Commodities Execution
When you're a serious trader, you demand the best broker for executing your trading strategies. We stream real market prices to you from our liquidity providers, with no dealer intervention. Other brokers may impose minimum stop and limit distances on all their products. With us, you can scalp popular indices like GER30, UK100 and US30 and place your stops and limits where you want—there are no trading restrictions on our most popular CFDs. Are you an algo trader, or you like to use MT4's Expert Advisors? No problem. Our index and commodity execution is designed for short-term, high-frequency traders, but you can trade big or small, using your favorite trading strategy.