All client trades are executed with No Dealing Desk1 intervention. Most trades are filled in under 10 milliseconds., with up to 2,000 trades executed per second.
BEST FX EXECUTION GLOBAL, 2016, 2017 CFI.co Awards
BEST EXECUTION BROKER GLOBAL, 2017 Global Brands Magazine
BEST FX PROVIDER, 2018 Online Personal Wealth Awards
Gain access to deep liquidity and benefit from the best available bid and ask prices every time you place a trade.
Our awards are the spotlight of FxPro’s impeccable technical excellence, its perfect trading conditions and the highest levels of service2.
With a previous record of 199,397 orders filled in a single day, FxPro lets you benefit from ultra-fast order execution. Most client orders are filled in under 11.06 milliseconds.
Due to the high volumes of our client’s trades, we are able to internally match a great deal of our order flow. This allows us to minimize 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.
STP (Straight-Through-Processing) is one of the most commonly misinterpreted terms in the trading industry. Although it is 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 in accordance to our method of order execution.
ECN stands for Electronic Communication Network and is frequently confused with NDD execution. However, 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.
FxPro is an advocate of the adoption of more transparent and ethical practices across the online trading industry. For this reason, we have developed an award-winning model of execution that meets both trader demands and ethical standards.
In the FX market, prices change by the millisecond. In 2019, 82% of market orders were executed at the requested price while 9% of client orders were executed with positive slippage, receiving an even better price.
Your Trades are executed at one of our Equinix Data centers in either LD5 London or Amsterdam. Our trading servers are co-located and cross fiber connected with Tier 1 banks who provide liquidity via our proprietary aggregator Quotix.
1 Subject to our Order Execution Policy.
2 Best FX Broker 2018-2013, Shares Awards.
3 Statistics provided are for all orders executed from 1st January 2019 to 31st December 2019 and are rounded to nearest %
