What is No Dealing Desk execution and what are its benefits?
Under No Dealing Desk execution, every forex trade is executed back to back with one of the world’s premier banks or financial institutions. Over ten banks compete to provide FXCM with bid and ask prices, resulting in low spreads and fast execution, with no intervention from a dealing desk. With No Dealing Desk execution, we aim to provide transparent and fair execution with no inherent conflict of interest between broker and trader. Another major benefit is the ability to place orders within one pip of the market without restrictions. Watch our No Dealing Desk Video for detailed information on its advantages.