Forex Execution Change Form
Dealing Desk to No Dealing Desk
This form is for FXCM account holders who would like to change their forex execution type from dealing desk execution to No Dealing Desk execution.
REQUIREMENTS
Please note your account must be flat (no live trades, stop orders, limit orders, or entry orders). If your account is not flat, we will be unable to process your request. Your request will be processed within two business days. A confirmation e-mail will be sent notifying you when your account has been transferred to No Dealing Desk.
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Dealing Desk Disclaimer
On the Dealing Desk execution model FXCM can act as the dealer on some currency pairs. There are also back up liquidity providers that fill in whenever FXCM does not act as the dealer. Please note that FXCM’s Dealing Desk employs fewer liquidity providers than the No Dealing Desk (NDD) execution option. FXCM does not guarantee that quotes, prices, or spreads will always be better on one form of execution as compared to the other. Customers should consider many factors when deciding which execution type best suits their needs (e.g., conflict of interest, trading style or strategy, etc.). For more information, see our Execution Risks.