No Dealing Desk Forex Trading Execution
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No Dealing Desk Forex Trading
  • No Trading Restrictions*
  • No Dealer Intervention
  • Tight, competitive spreads on major currency pairs

Forex Trading Benefits

Advantages of Trading with Friedberg Direct

The purpose of offering No Dealing Desk Forex Execution is providing transparent and fair execution. Every trade is executed back to back with one of multiple liquidity providers,§ which compete to provide Friedberg Direct with bid and ask prices. Spreads are incredibly low because our NDD model streams the best bid/offer prices from several price providers. You trade the exact bid/ask quotes that stream from our liquidity providers.

Lower Spreads

  • Trade on rates provided by multiple liquidity providers
  • The monthly average trading volume drives price competition
  • Fractional pip pricing facilitates the tightening of spreads even further

No Dealing Desk Execution

  • No conflict of interest between broker and trader
  • No dealer intervention in trades
  • Liquidity providers do not see your stops, limits, and entry orders
  • Competition reduces the potential for market manipulation by price providers

No Trading Restrictions*

  • Trade during breaking news
  • Place entry orders anywhere—even inside the spread
  • Scalp the market
  • Rollover transparency—all amounts are displayed in advance
  • Receive positive rolls at all margin levels

Facts about Friedberg Direct’s Technology Provider

Due to the licensing of FXCM’s software technology, Friedberg Direct has access to some of the most aggressive price providers. Having multiple price providers is especially important in volatile markets, when one or two liquidity providers may post wide spreads, or simply avoid quoting any price at all. With multiple liquidity providers quoting prices , clients access to competitive spreads, even during market-moving news events.

When using a No Dealing Desk forex execution model, Friedberg Direct does not take a market positionĂ¢Â€Â”eliminating a major conflict of interest. With Friedberg Direct’s No Dealing Desk f orex execution, your orders are filled from the best prices available from the liquidity providers. While an individual liquidity provider may try to skew its prices off the market, the unattractive price on the bid or ask side will lose the price competition and as a result, not factor into the prices streamed to you. At Friedberg Direct, prices are not subject to manipulation by a broker or a liquidity providers’ dealing desk.

While our competitors are beginning to follow our example of offering No Dealing Desk Forex execution, we have successfully implemented it. Excellent bid and ask prices are not meaningful unless you have a reliable trading platform to execute trades. The FXCM trading platforms have been tested in all market conditions.

Friedberg Direct is proud to offer its clients FXCM’s suite of products as Friedberg Direct aims to provide clients with the best pricing available and to get all orders filled at the requested rate. Please note there are times when, due to an increase in volatility or volume, orders may be subject to slippage. Read more

View Features & Capabilities

* FXCM Trading Station allows for order sizes up to 50 million per trade. Traders have the ability to trade incremental sizes (multiple orders of 50 million for the same pair).

** Without proper risk management, currency trading has a high degree of leverage, which can lead to large losses as well as gains.