FXCM--no dealing desk option??

Discussion in 'Forex Brokers' started by marketsurfer, Dec 9, 2006.

  1. marketsurfer

    marketsurfer Sponsor

    While researching auto-trading services, i located some information that apparently allows one to bypass FXCM's dealing desk when trading with them. I was not aware of this option and to the best of my knowledge it is not mentioned on their website. Can anyone advise? thanks!

    https://secure2.fxcorporate.com/fxtr/?ib=BULLDOGFX


    surf
     
  2. Curious, why don't you use currency futures?
     
  3. marketsurfer

    marketsurfer Sponsor


    thanks, i didn't catch this on the website.

    surf
     
  4. I would stay away from FXCM
     
  5. Pipstar

    Pipstar

    I tried their NDD platform with a very small amount and it's not worth the effort. They fill you at top or bottom of spike in fast markets, you get slippage and have trouble closing position if in profit. Market orders are rejected in volatile times if price moves 1 pip as you click. Their non dealing desk is actually a dealing desk but with a different way of operating. A waste of time.