FXCM Group Press Releases

Forex Execution Change Form

Dealing Desk to No Dealing Desk

This form is for FXCM account holders who would like to change their forex execution type from Dealing Desk execution to No Dealing Desk execution.

REQUIREMENTS

Please note your account must be flat (no live trades, stop orders, limit orders, or entry orders). If your account is not flat, we will be unable to process your request. Your request will be processed within two business days. A confirmation e-mail will be sent notifying you when your account has been transferred to No Dealing Desk.

Please complete the form below

Please be advised that changing your execution type to No Dealing Desk forex execution will result in changes regarding how your forex trades are handled. Before submitting your request, please thoroughly review our No Dealing Desk execution risks. Additionally, the change of execution type to No Dealing Desk forex execution will not limit your ability to trade forex products that only trade through a dealing desk execution.

Thank You

Your information has been received and will be processed shortly.

Execution Disclaimer: When trading Forex on both FXCM's Dealing Desk and No Dealing Desk (NDD) execution models, FXCM is the final counterparty to these transactions. In both execution models FXCM aggregates the bid and ask prices from a pool of liquidity providers. The quotes that are displayed on FXCM's platforms are the best available bid and ask quotes received from liquidity providers plus a fixed mark-up for each currency pair. On the Dealing Desk execution model FXCM can act as the dealer on some or all currency pairs. There are also back up liquidity providers that fill in whenever FXCM does not act as the dealer. Please note that FXCM's Dealing Desk employs fewer liquidity providers than the No Dealing Desk execution option.

For more information, see our Execution Risks.

Note: Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.