FXCM - Enterra forex Partner

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.

Why Trade at FXCM

An average of over $365 billion in notional volume is traded each month on trading platforms offered by FXCM. As a result, we have obtained close banking relationships with some of the world's largest and most aggressive price providers. Having multiple price providers is especially important in volatile markets, when one or two banks may post wide spreads, or simply avoid quoting any price at all. With so many major banks quoting prices to FXCM, there are competitive spreads, even during market-moving news events.

FXCM does not take a market position—eliminating a major conflict of interest. A dealing desk broker, which acts as a market maker, may be trading against your position. With our No Dealing Desk execution, however, we fill your orders from the best prices available to us from the banks. While an individual bank may try to skew its prices off the market, the unattractive price on the bid or ask side will lose the price competition and as a result, not factor into the prices streamed to you. At FXCM, prices are not subject to manipulation by a broker or a banks dealing desk.

FXCM now offers MetaTrader4 with FXCM's No Dealing Desk execution for clients who are familiar with this charting platform.

Multiple Currency Denominations Accepted.

Account Opening Minimum: a deposit of US$2,000, £2,000, €2,000, A$2,000, NZ$2,000, or ¥200,000 is required.
Only spot FX can be traded on this MT4 platform with FXCM.

Why Trade on MetaTrader 4 with FXCM?