FXCM's No Dealing Desk
Available from FXCM
FXCM's No Dealing Desk* aims to provide transparent and fair execution. Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide FXCM with bid and ask prices. The best spreads available to FXCM are streamed to you with a small markup, which is generally one pip or less for major currency pairs
While our competitors are beginning to follow our example of offering No Dealing Desk execution, we have successfully implemented it. Excellent bid and ask prices are not meaningful unless you have a reliable trading platform to execute trades. Our trading platform is tested in all market conditions, routinely handling approximately 300,000 trades per day.
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Please note that trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.