FXDD Automatically Executes Trades Without Any Intervention

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In an open email to its customers FXDD’s Chief Operating Officer, Lubomir Kaneti, made comments about some important, but not widely advertised facts regarding trading Forex with FXDD.

In an open email to its customers FXDD’s Chief Operating Officer, Lubomir Kaneti, made comments about some important, but not widely advertised facts regarding trading Forex with FXDD:

1.     FXDD does not have manual execution.
What does that mean for you? Unless you call to place an order over the phone, all trades you make will be processed and executed automatically by our system without any intervention by anyone at FXDD. Simply put, if we show the price and you trade on it, you have a deal. No asterisks and no fine print.

2.     FXDD does not use third party middleware to connect Metatrader 4 to interbank liquidity.
What does that mean for you? Your trading does not depend on the trials and errors of a software company that does not serve you, but instead serves the broker or the other side of your trades. If FXDD fails we make you whole, period. That is why we like to be in control of our technology. This is why FXDD’s Metatrader 4 consistently performs so well and why FXDD’s Metatrader 4 is preferred by traders who develop automated trading scripts called Expert Advisors; they know they can rely on our experience and service.

3.     FXDD does not use any notorious “virtual dealer” trading server plug-ins.
What does that mean for you? Apparently, this plug-in can be used to allow for manual execution or tweaking the execution parameters on the trading server. We have never used these plug-ins and we don’t plan to ever use them. And by the way, the NFA knows how to audit for this.

In summary, Mr. Kaneti added that “FXDD’s goal is to offer excellent service and execution to our clients. We offer top-flight service, personal attention and we care about and listen to our customers. We endorse client education because the more we educate our clients the more informed they will be when choosing which FX dealer they trust and want to do business with.”

ABOUT FXDD
FXDD, headquartered in New York City, is a leading online foreign exchange trading firm dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. We provide our services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. FXDD offers 24-hour Forex trading by way of its trading platforms, which include: MetaTrader, FXDDTrader PowerTrader and FXDDAuto. The Company’s services currently provide competitive interbank pricing, no-interest accounts, and fully-automated execution. FXDD also provides 100:1 leverage for regular accounts and 100:1 leverage for mini accounts, as well as competitive bid-to-ask spreads (2-3-wide on most majors).

For a free demo, please visit http://www.fxdd.com, or call toll-free in the U.S. at 1.866.FOR.FXDD or +1.212.791.3950.

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Eric Wajnberg
FXDD
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