How does No Dealing Desk Execution of FinPros work and benefit traders How does No Dealing Desk Execution of FinPros work and benefit traders

FinPros

Excessive trading fees and slow, insecure order execution are two of the main causes of qualitatively limited trading with low profit percentages. Finding a broker that actually offers a low-cost environment with high-quality order execution is undoubtedly the key to achieving goals by fully leveraging one’s capabilities. Traders looking for a reliable, efficient, and secure broker will find FinPros to be the right solution to their needs.

A strictly regulated international broker by multiple supervisory bodies, FinPros offers a service based primarily on two fundamental factors: affordability and execution speed. Indeed, the broker allows trading on a wide range of instruments (including forex, stocks, indices, metals, and energies) with minimal costs and almost instantaneous execution speed.

Trading costs minimized.
Compared to the average, the broker offers trading costs reduced by up to 53%. By opening the most suitable account for their needs, traders can trade following a personal modus operandi on cost management and risk-taking: Pro account with super low spreads, RAW+ with spreads starting from 0.0 pip, ClassiQ with limited risks (excellent for beginners), Social to copy strategies from experts in the field.
Maximum transparency and security.
As a broker regulated by multiple supervisory bodies, Finpros offers clients a completely transparent environment with the highest security standards. Trading with adequate risk management, negative balance protection, segregated funds in top-tier banks (not usable by the company for other purposes), and maximum protection of the client’s personal data.
No commissions for stock trading.
Traders who prefer investments in stocks of major companies listed on the markets could not ask for better. The broker offers clients the opportunity to trade stocks without having to pay any brokerage commissions and without volume restrictions. It is important to clarify that the total elimination of trading expenses is available only for stocks. As for the other available instruments, traders will have to pay a small commission (which varies depending on the selected instrument).
Reliable and always available support.
A team composed exclusively of experts in the field will always be ready to answer clients’ questions and solve sudden issues as quickly as possible, with understanding and clarity. The “First Responder Policy” guarantees traders quick and effective solutions, through the use of a single point of contact: average response time less than 21 seconds on all live channels, over 95% of problems resolved at the first complaint, average processing and resolution time less than 4 minutes.
Total control.
Every client, regardless of their level of experience or investment volume, will always have full control over operations and fund management. No restrictions on deposits or withdrawals, all operations carried out through a fully automated processing algorithm that requires no human intervention, zero deposit – withdrawal fees, transaction protection guaranteed with SSL encryption.
Quick and secure account opening
The procedures that allow clients to sign up, make a deposit, and start trading are simple and secure. With fully personalized onboarding, each potential client can register, deposit, and start trading in a few minutes. It is important to specify that to activate an account, traders must allow the broker to perform a verification of the submitted data. To do this, traders will need to send a clear front and back photo of an identification document and a recent utility bill (electricity, gas, or internet) addressed to the applicant.
No dealing desk execution.
A type of order execution that allows traders to interact in the markets without the intervention of the dealing desk and therefore without the interaction of any intermediary. Through the use of a network carefully designed to ensure almost instantaneous execution, every client can make the most of any investment opportunity and react in time to potential market fluctuations. By minimizing latency, thanks to a highly sophisticated search engine positioned in the immediate vicinity of liquidity providers (EFX1 Suite, Equinix LD4, London), traders can:

  • Access the best prices available through a 10 Gbps ultra-fast cross-connection.
  • Data transmission speed less than 1 microsecond even under high loads.
  • Order processing with a gateway capable of handling up to 10,000 transactions per second.
  • Optimization of order processing thanks to 25 Gb/sec ASIC SmartNIC network cards.
  • A dedicated engine exclusively for backing up performed operations to ensure maximum security in case of failures.

Visit the official FinPros website

FinPros NDD Execution

As mentioned, the broker offers No Dealing Desk execution. This guarantees orders executed rapidly, with minimal slippage and no requotes. Moreover, all operations will be carried out without the intervention of intermediaries with raw prices and maximum transparency.

But how does NDD execution actually work?

The broker’s order book groups all customer orders, both short and long. Regardless of the quantity and type of orders, the broker will cover a part of the total market risk, up to the pre-set limits. In the event of any excess risk, it will be covered by liquidity providers.

In practice, the broker provides coverage for all operations when and if deemed necessary. Most negotiations will be executed completely. Moreover, by acting as a counterparty in the execution of the client’s operations, the broker guarantees the trader almost instantaneous execution speed, not having to send orders to a liquidity source and wait for confirmation.

Finally, the search engine will automatically decide how to cover the risks of the operations:

  • Covering the risk entirely through order matching operations or as residual risk.
  • Covering operations externally as excessive exposure.

Is NDD like ECN?

Many traders often confuse these two types of order executions, as many brokers often offer both to clients without specifying the differences in detail. But for sure, NDD does not have the same characteristics as ECN:

  • ECN: Sophisticated anonymous electronic communication network. The counterparty handling the execution of operations could be any other participant in the network or the broker’s LPs. In an ECN network, order execution is not always guaranteed 100%
  • The NDD network (No Dealing Desk execution) allows the trader to execute operations directly on the markets without any human or virtual intermediary. This execution system completely eliminates any potential conflicts of interest between broker and trader. Moreover, it ensures better transparency and minimizes the risk of price manipulations.

Invest with FinPros

Accounts offered by FinPros

To make the most of impeccable order execution, the broker offers clients a wide list of accounts, carefully structured to allow any type of trader to invest to the best of their abilities. Each account has features compatible with certain categories of traders, and every potential client can choose the option most suitable to their needs.

Moreover, if the trader intends to test the selected account without having to commit real funds, they can opt for opening a demo version of the account and trade with virtual funds at zero risk.

Pro Account.
Type of accounts mainly suitable for experienced traders who need certain services and tools to trade in a high-performance environment. Zero commissions, minimum spreads, and a personal account manager with whom to decide the minimum deposit amount and how to start investing.
Raw+ Account.
Great choice for traders with high investment volumes who intend to manage risk optimally, the Raw+ account offers the ideal environment for Scalpers and day traders with a high risk appetite. Small commissions, spreads starting from zero, and 24/7 support from their account Manager.
Social Account.
An account exclusively dedicated to social trading, the Social account offers traders the opportunity to interact with each other and share information useful for improving their style and refining trading strategies. Moreover, by accessing the list of available professionals, each trader will have the opportunity to copy their operations to gain the same advantages. Suitable for traders of any experience level but usually used by beginner traders to start investing by drawing on useful information to increase their knowledge.
ClassiQ Account
An account that offers an environment for “standard” low-cost trading with limited trading risks, the ClassiQ account is compatible with any category of trader and offers good trading conditions, suitable for creating excellent strategies. A minimum deposit of $100, zero commissions, advantageous spreads, and always active negative balance protection. Features suitable for novice traders, intent on starting to invest without having to run excessive risks.

Following, a detailed comparative table containing all the main features of the accounts offered by the broker:

Features Pro Account Raw+ Account Social Account ClassiQ Account
Great for Experts – professionals High volume investment traders Beginners, Social Traders Beginners
Negative balance protection Active Active Active Active
Spread Variable starting from 1 pip Variable starting from 0.0 pip Variable starting from 1.6 pip Variable starting from 1.6 pip
Trading commissions Zero Starting at $2.5/lot per side (varies depending on the selected instrument) Zero Zero
Maximum leverage 1:500 1:500 1:500 1:500
Minimum deposit To be agreed with account Manager To be agreed with account Manager $100 $100
Premium tools Yes Yes Yes Yes
Account currency US dollar, Euro, British pound, Japanese yen, Mongolian tugrik US dollar, Euro, British pound, Japanese yen, Mongolian tugrik US dollar, Euro, British pound, Japanese yen, Mongolian tugrik US dollar, Euro, British pound, Japanese yen, Mongolian tugrik
Type of execution Market execution Market execution Market execution Market execution
Allowed strategies All All All All
Hedging Yes Yes Yes Yes
Minimum trading volume 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Maximum trading volume 50 Lots 50 Lots 50 Lots 50 Lots
MT5 platform Available Available Available Available
Stop out level 30% 30% 30% 30%
One-click trading Yes Yes Yes Yes
Shariah option (zero swap Islamic account) Not available Not available Not available Available
Server location London LD4 London LD4 London LD4 London LD4
  • The minimum spread is indicatively based on the average EURUSD price in the last quarter.
  • The maximum available leverage varies depending on the selected instrument. To know the available leverage for all instruments offered visit the dedicated page on the official website.
  • Trading in micro lots is only allowed in accounts with a balance not exceeding $10,000.

Open a real FinPros account

How to open an account

Opening a FinPros account is simple and fast. The interested trader can easily access the registration section, provide the required data, select the most suitable account for their needs, and start trading in a short time. It is important to remember that, as FinPros is a strictly regulated broker, it will ask the trader to verify the data provided by sending documentation to prove their identity and country of origin.

To register, simply execute the following simple steps:

First step.
To start, the trader must visit the official website and click on the “Start now” icon visible at the top right of the screen. In the new page, fill out the form by entering: first name, last name, email address, account password, country of residence, telephone number, and account currency. Read carefully and accept terms and conditions. Click on “Register now”.
Second step.
In this step, the trader must specify that they are not a resident of the United States and proceed to verify the data provided. To do this, they must send a clear front and back photo of an identification document (driver’s license, ID card, or passport) and a recent utility bill (such as electricity, gas, or internet—with a complete address, to prove their residence).
Last step.
If suitable, the trader can choose the most suitable account for their needs, set its parameters, make an initial deposit, and start trading. The activation period may take up to 24 hours. If the trader wants to know the progress, they can contact the support team.

For more information, visit the official website and contact the support team, always active 24 hours a day.

1

XMXM

4.8 rating based on 1,221 ratings
4.8/5 1221
2

DerivDeriv

4.3 rating based on 178 ratings
4.3/5 178
3

IronFXIronFX

4.8 rating based on 241 ratings
4.8/5 241
4

FBSFBS

2.5 rating based on 175 ratings
2.5/5 175
5

LMFXLMFX

3.9 rating based on 126 ratings
3.9/5 126
1

bybitbybit

4.2 rating based on 3,330 ratings
4.2/5 3330
2

BinanceBinance

4.3 rating based on 7,672 ratings
4.3/5 7672
3

BitgetBitget

4.3 rating based on 42 ratings
4.3/5 42
4

PrimeBitPrimeBit

3.9 rating based on 7,148 ratings
3.9/5 7148
5

BitMEXBitMEX

3.8 rating based on 6,919 ratings
3.8/5 6919