Award-winning No Dealing Desk Execution

Most of client orders executed in less than 13 milliseconds

At FxPro, all client orders are executed anonymously with No Dealing Desk intervention, subject to our Order Execution Policy. Over 99.9% of orders are executed in less than 42 milliseconds, with up to 7,000 orders executed per second.

EXECUTION AWARDS

Benefits of No Dealing Desk Execution

Deep Liquidity

Gain access to deep liquidity and benefit from the best available bid and ask prices every time you place a trade.

Anonymous Trading

Your orders are executed completely anonymously. Liquidity providers do not have access to your trade characteristics or to any other sensitive information.

Ultra-fast Order Execution

With a previous record of 199,397 orders filled in a single day, FxPro lets you benefit from ultra-fast order execution, with most of client orders filled in under 13 milliseconds.

 

How are my trades executed?

icon trades executed
Your trades are executed with Instant or Market Execution, based on your account and order type.
Due to the high volumes and direction of our clients’ trades, we are able to internally match a great deal of our order flow. This allows us to minimise our risk without interfering with your orders in any way.

As not all client positions are hedged, a residual exposure up to our market risk limit remains in house. Excess exposure may be hedged externally.

Full Transparency

Since Day One, FxPro has advocated the adoption of more transparent and ethical practices across the online trading industry. We have been forthcoming about our operations and have developed an award-winning model of execution that meets trader demands.

  • Positive 37.4 % Negative 23.5 % At Quote 39.1 %
    2016 Slippage Stats

    In the FX Market, prices change by the millisecond. In 2016, 39.1% of Market orders were executed at the requested price, while 37.4% of client orders were executed with positive slippage, receiving an even better price.

  • 2016 Requote Stats

    In 2016, only 5.19% of all Instant orders received a requote, with 2.44% of them receiving an even better price to execute their order at.

    No requotes 94.81 %
    Positive requotes 2.44 %
    Negative requotes 2.75 %
Why FxPro is not an STP Broker

STP, which stands for Straight-Through-Processing, is one of the most commonly misinterpreted terms in the online trading industry. Often considered to relate to the execution that a client receives from their broker, STP is in fact a post-execution, post-trade communication process between executing counterparties with minimal impact on the speed or price of execution that a retail trader is offered. Though FxPro does use STP technologies, we classify ourselves as NDD as per the true method by which we execute client orders.

Why FxPro is not an ECN Broker

ECN stands for Electronic Communication Network and is frequently wrongly taken to be synonymous with NDD execution. In reality, ECN refers to the anonymous communication between executing counterparties which may, in fact, result in no guaranteed fills and worse pricing for the retail trader. FxPro is a true No Dealing Desk Execution broker, meaning that we execute client orders with no dealing desk intervention.

Still have a question about our NDD Execution Model? Contact our award-winning Customer Support.
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