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.
Award-Winning Broker
Our awards are the spotlight of PlusFX’s impeccable technical excellence,
its perfect trading conditions and the highest
levels of service2.
Ultra-fast Execution
With a previous record of 199,397 orders filled in a single day, PlusFX lets you benefit from ultra-fast order execution. Most client orders are filled in under 11.06 milliseconds.
How Are My Trades Executed?
Your trades are executed with no intervention, see below:
Execution Engine
Why PlusFX is not an STP Broker
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 PlusFX does use STP technologies, we classify ourselves as NDD in accordance to our method of order execution.
Why PlusFX is not an ECN Broker
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.
PlusFX is a true No Dealing Desk Execution broker, meaning that we execute client orders with no dealing desk intervention.
Full Transparency
PlusFX 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.
2020 Slippage Stats 3
In the FX market, prices change by the millisecond. In 2020, 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.
2019 Requote Stats
In 2020, only 0.68% of all instant orders received a requote with 0.32% of them receiving an even better price to execute their order at.
