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TradeFX4free's No Dealing Desk Forex Execution aims to provide transparent and fair execution. Every trade is executed back to back through an affiliate with one of multiple banks or financial institutions, which compete to provide TradeFX4free with bid and ask prices. The best spreads available to TradeFX4free are streamed to you with a small markup, which is generally one pip for major currency pairs.
No Dealing Desk Forex Execution
- Euro/U.S. dollar spread is frequently 2 pips, British pound/dollar 3 pips
- Lower spreads on a wide range of currency pairs
- Trade on rates provided to TradeFX4free by multiple global banks
- TradeFX4free's average monthly trading volume of over $250 billion drives price competition
- Fractional pip pricing facilitates the tightening of spreads even further
- No Dealing Desk Forex Execution
- No conflict of interest between broker and trader
- No dealer intervention in trades
- Price providers (banks) do not see your stops, limits, and entry orders
- Competition reduces the potential for market manipulation by price providers
No Trading Restrictions*
- Trade during breaking news
- Place entry orders anywhere—even inside the spread
- Scalp the market
- Rollover transparency—all amounts are displayed in advance
- Receive positive rolls at all margin levels
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