With No Dealing Desk execution, traders, through the ForexGen Trading Station, have the ability to trade on rates provided by some of the largest banks in the world. These banks compete with each other to provide the best rate, 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 ForexGen's award-winning trading platform.
In the institutional forex marketplace, currency trading spreads—the difference between the price at which traders can buy and sell—often fluctuate, widening and narrowing depending on market volatility. As the forex market is an over the counter market with no centralised 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. ForexGen 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, ForexGen has built strong execution relationships with many of the world's largest international banks. ForexGen receives and is able to pass on the benefits of size, better prices, and better execution to our clients.
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1 comments:
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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