Is FXPro a market maker? What’s their execution model on FXPro Edge trading platform?
- Execution Model of FXPro Edge platform
- Choose from Market Execution and Instant Execution
- FXPro is a NDD broker
Execution Model of FXPro Edge platform
All live accounts on FXPro Edge trading platform are offered with NDD(Non-Dealing Desk) environment with “Market Execution”.
There is no interference to traders’ orders nor manipulation to price movements.
There are also no re-quotes or order rejections, and there is no restrictions on trading methods.
Use of EAs(Expert Advisers) or trading robots is not available as the platform is available only on the web and mobile application.
Choose from Market Execution and Instant Execution
FXPro as a professional broker, provides investors with various trading environment.
As a trader of FXPro, you can choose from accounts with:
- Market Execution
- Instant Execution
- Floating Spread
- Fixed Spread
The above 4 account options are available only for FXPro MT4 trading platform.
For MT5, cTrader and FXPro Edge trading platforms, you can only choose Market Execution with Floating Spread account type.
FXPro MT4’s Market Execution account type has no re-quotes but orders can experience slippages in case there is not enough market liquidity to fill the order.
FXPro MT4’s Instant Execution account type has no slippages, but re-quote orders if the order couldn’t be executed at the requested price.
Both account type has different advantages for investors, and you may choose as you prefer for your trading style.
For the comparison of FXPro’s all account types, visit the page here.
FXPro is a NDD broker
FXPro is not a STP or ECN broker, but a NDD broker.
Why FXPro is not a STP or ECN broker, but a NDD broker? Visit the page here to find out more.
FXPro has no dealing desk, and does not manipulate market prices or interfere traders’ orders.
All orders are sent to FXPro’s liquidity providers without any interference.