FXPro's NDD execution explained - Differences from ECN and STP
Experience the Unparalleled Benefits of Award-Winning No Dealing Desk Execution with FxPro: Ultra-Fast Execution Speeds, Extensive Liquidity, and Utmost Transparency.
For traders in search of a trustworthy and highly efficient trading platform, FxPro emerges as the ultimate solution.
Renowned for its award-winning No Dealing Desk (NDD) execution model, FxPro provides traders with unrivaled trading speeds, extensive access to deep liquidity, and complete transparency in all its operations.
The platform has been honored with numerous prestigious accolades, including Best FX Provider 2021 by Online Personal Wealth Awards and Best Trading Platform 2020 by Financial Times & Investors Chronicle.
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By choosing FxPro, traders can experience the pinnacle of trading technology and first-class services.
Benefits of No Dealing Desk Execution
1. Deep Liquidity
When you trade with FxPro, you are granted access to a vast pool of deep liquidity, ensuring that you consistently benefit from the most favorable bid and ask prices each time you execute a trade. This enhanced market access empowers you to maximize your profit potential while maintaining flexibility in devising your trading strategies.
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2. Award-Winning Broker
FxPro has been consistently recognized for its impeccable technical excellence, superior trading conditions, and exceptional levels of customer service. These esteemed accolades serve as a testament to the platform’s unwavering commitment to delivering a premium trading experience for every single client.
3. Ultra-fast Execution
Boasting a previous record of an astounding 199,397 orders filled within a single day, FxPro’s ultra-fast order execution enables you to seize even the most fleeting market opportunities. The platform ensures that most client orders are filled in under 13 milliseconds, allowing you to stay ahead of the competition and capitalize on favorable market conditions as they arise.
4. Transparent Trade Execution Process
FxPro’s trade execution process has been meticulously designed to be transparent and efficient. Due to the substantial volume of client trades, the platform can internally match a significant portion of its order flow, effectively minimizing risk without interfering with your orders in any way. Any residual exposure, up to FxPro’s market risk limit, remains in-house, while excess exposure may be hedged externally to safeguard the platform’s stability.
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Why FxPro is Not an STP or ECN Broker?
FxPro distinguishes itself from STP (Straight-Through-Processing) and ECN (Electronic Communication Network) brokers in its unique approach to order execution. While FxPro does employ STP technologies, the platform classifies itself as NDD, in accordance with its method of order execution. This ensures that client orders are executed seamlessly without any dealing desk intervention, offering a more transparent and ethical trading experience to all users.
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Commitment to Full Transparency and Ethical Practices
FxPro is a staunch advocate for the widespread adoption of transparent and ethical practices across the online trading industry. The platform’s award-winning execution model successfully meets both the demands of traders and the highest ethical standards, providing a trustworthy and efficient trading environment for all users. In 2022, over 86% of market orders were executed at the requested price or an even better price, with a mere 1.88% of instant orders receiving a requote. Impressively, of these requoted orders, 0.89% received an even better price for execution, further demonstrating FxPro’s commitment to transparency and client satisfaction.
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State-of-the-Art Infrastructure and Technology
FxPro executes trades at its cutting-edge Equinix Data centers in LD4 London, guaranteeing optimal performance and unwavering reliability. The platform’s trading servers are strategically co-located and cross fiber connected with Tier 1 banks, which provide liquidity via FxPro’s proprietary aggregator, Quotix. This advanced infrastructure ensures seamless execution of trades and fosters an unparalleled trading experience for all FxPro clients.
Conclusion
FxPro stands out as the premier choice for traders seeking a reliable, transparent, and technologically advanced trading platform. With its award-winning No Dealing Desk execution model, FxPro offers unmatched execution speeds, access to deep liquidity, and a steadfast commitment to ethical practices and complete transparency. The platform’s numerous accolades, exceptional services, and cutting-edge infrastructure ensure that traders can confidently capitalize on market opportunities and achieve their trading goals. Whether you are a seasoned professional or a newcomer to the world of trading, FxPro provides the tools, resources, and support necessary to excel in the competitive financial markets. Experience the unparalleled benefits of trading with FxPro by opening a live account or trying out a demo account today.