New York, New York (PRWEB) May 12, 2010
FXDD is proud to announce that it will now offer institutional pricing and platforms to all of its clients. In the past, institutional pricing and spreads usually were only offered to clients who had accounts larger than $50,000 USD. Now, if clients have more than $1,000 USD in their accounts they are eligible for our new and exciting FXDD platform that’s powered by Currenex, which means they can get fractional pip pricing and spreads which can be as low as 0 pips.
Other features of the FXDD platform include:
- Highly competitive spreads on most currency pairs (5th pip pricing )
- Leverage up to 100:1
- Unbiased Pricing (No Dealer Intervention)
- Dow Jones news feed with continuous Forex news updates.
- Full Charting Capabilities
What this means for Forex traders:
If a trader has a $5,000 account and make 5 trades a week for a month on the GBP/USD, they will save almost $500 alone in spreads.
- Standard Retail Platform: 1 Lot x 20 trades per month x Average 4 pip spread = $800
- New Currenex Powered Platform: 1 Lot x 20 trades per month x Average 1.75 pip spread = $350
That is a savings of $450!
FXDD continues to be innovators in the Forex industry by offering clients the tools necessary to improve the trading experience.
Established in 2003, FXDD (http://www.fxdd.com) is a leading online foreign exchange trading firm dedicated to superior customer service, cutting-edge trading technology and reliable streaming liquidity. Located in New York City, FXDD provides services to individuals and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. With Forex trading platforms such as MetaTrader, PowerTrader and FXDDAuto, FXDD provides unprecedented 24-hour service to its customers. FXDD services currently provide competitive interbank pricing, no-interest accounts and fully automated execution.
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