ADVANTAGES OF NO DEALING DESK TRADING THROUGH FXCM
TRADE FOREX ON RATES FROM THE LARGEST BANKS IN THE WORLD
With No Dealing Desk execution, traders—through the FXCM Trading Station—have the ability to trade on rates provided by some of the largest banks in the world. These banks provide FXCM with some of the best rates, which results in spreads as low as 2 pips. No Dealing Desk execution combines the benefits of trading prices from top-tier banks, with the convenience and speed of FXCM's award-winning trading platform.
TRADE FOREX WHEN YOU WANT AND HOW YOU WANT...NO RESTRICTIONS
You trade when you want—even during market-moving news and economic events. Furthermore, this system enables you to place entry orders at any price—even inside the spread.
24-HOUR SUPPORT
FXCM offers 24-hour-a-day trading support, giving you the ability to place orders over the phone when the market is open. Our staff of 500+ highly trained specialists are available around the clock to service clients from our regional headquarters in New York, London, Hong Kong, and Tokyo.
SIZE & FINANCIAL STRENGTH
As the forex market is an over-the-counter market with no centralized exchange, not everyone receives access to the same prices or quality of execution. The world's largest banks tend to provide better prices and execution to institutions with the largest trade volume and the most solid financials. FXCM averages $200,000,000,000 ($200 billion) in monthly notional trading volume and is one of the most well-capitalized Forex Dealer Members. According to the financial data posted on the CFTC website, as one of the oldest and largest high-volume retail online forex brokers, FXCM has built strong execution relationships with many of the world's largest international banks. FXCM receives and is able to pass on the benefits of size, better prices, and better execution to our clients.
Friday, November 2, 2007
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There are many groups of online brokers; most of them don't offer the same facilities and have the same logic. With regards to your money, you must make sure your broker lives up to your desires. It is actually your entitlement to ask questions to your broker. Provided that it does not respond well, you can find another. No Dealing Desk generally implies that distinctive costs are in rivalry and that the broker furnishes the best conceivable costs. Requests are executed by the banks furnishing costs. This intimates the nonattendance of limitations on the requests around then of vital occasions of trading.
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