With No Dealing Desk execution, traders, through the ForexGen Trading Station, have the ability to trade on rates provided by some of the largest banks in the world. These banks compete with each other to provide the best rate, which results in spreads as low as 2 pips. No Dealing Desk execution combines the benefits of trading prices from top-tier banks, with the convenience and speed of ForexGen's award-winning trading platform. You trade when you want—even during market-moving news and economic events. Furthermore, this system enables you to place entry orders at any price—even inside the spread. Unlike other firms, ForexGen offers 24-hour-a-day trade support, giving you the ability to place orders over the phone when the market is open. Our staff of 500+ highly trained specialists are available around the clock to service clients from our regional headquarters in Norway.In the institutional forex marketplace, currency trading spreads—the difference between the price at which traders can buy and sell—often fluctuate, widening and narrowing depending on market volatility.
As the forex market is an over the counter market with no centralised exchange, not everyone receives access to the same prices or quality of execution. The world's largest banks tend to provide better prices and execution to institutions with the largest trade volume and the most solid financials. ForexGen averages $200,000,000,000 ($200 billion) in monthly notional trading volume and is one of the most well-capitalized Forex Dealer Members. According to the financial data posted on the CFTC website, as one of the oldest and largest high-volume retail online forex brokers, ForexGen has built strong execution relationships with many of the world's largest international banks. ForexGen receives and is able to pass on the benefits of size, better prices, and better execution to our clients.
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