It has always been our plan to offer No Dealing Desk execution for forex instruments to our entire client base. However, the technology simply wasn't available a year ago. When we first launched FXCM Micro, we were told by the liquidity providers§ that they would not quote in micro lots. Filling a 1K lot trade was simply unheard of in the foreign exchange industry.

How Does No Dealing Desk Forex Execution Affect Me?

No Dealing Desk Forex execution aims to provide transparent and fair execution. Every forex trade is executed back to back with multiple liquidity providers, which compete to provide FXCM with bid and ask prices.

Why is this beneficial to you as a trader?

No Dealing Desk Forex execution means:

  • No conflict of interest between broker and trader
  • No restrictions on entry orders,* stops or limits; place orders inside the spread
  • Liquidity providers do not see your stops, limits, and entry orders
  • Multiple liquidity providers compete to provide FXCM with tight spreads

Please familiarise yourself with No Dealing Desk Forex Execution Risks.

NOTE: Micro accounts are no longer subject to a $5,000 balance restriction.  

Watch video: Benefits of No Dealing Desk Forex Execution

Click here to play video: Benefits of FXCM's No Dealing Desk Execution

Support

Have Additional Questions?

Additional support is available in the FXCM Micro forums. Visit Forums

*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).

§ FXCM’s liquidity providers include global banks, financial institutions, prime brokers and other market makers.