If you can’t trust your execution, you can’t be confident in your trades. That’s why we offer you trading execution options to help give you an exceptional trading experience. We innovated transparency in the forex market with the competitive and market-driven No Dealing Desk (NDD) execution. And with multiple account types, you choose the execution that works best for your trading.
For Standard Accounts—No Dealing Desk Execution
With NDD, FXCM acts as a price aggregator. We take the best available bid and best ask prices from our liquidity providers—global banks, financial institutions and other market makers— and stream those prices to your platform. This large, diverse group of liquidity providers makes this model special: The more advantageous the prices, the more order flow the provider receives. Through competition, NDD ensures prices are market-driven and fair.
- Low spreads from liquidity providers1
- Anonymous order execution
- No re-quotes2; no dealer intervention
- No restrictions on trading strategies (scalp, trade the news, use any EA)
- Potential Price Improvements on all order types
For Mini Accounts
For traders new to the forex market, our introductory Mini Account gets you started with just $50. Access the most popular and liquid forex pairs at prices as low as 1.4 and enjoy the educational resources at DailyFX and exceptional client support. Mini Accounts feature dealing desk execution1, where FXCM can act as a dealer determining prices and spreads. Certain restrictions apply to accounts that execute on dealing desk execution such as API trading. Read more about dealing desk execution.