Liquidity Providers

Who Are TradeFCM’s Liquidity Providers?

TradeFCM’s liquidity providers include global banks, financial institutions, prime brokers, and other market makers. TradeFCM Group currently has a number of liquidity providers, including but not limited to: – Barclays Bank, PLC – Citadel Securities LLC – Citibank N.A. – and Morgan Stanley & Co., LLC and many more

Each liquidity provider streams through a direct feed of indicative buy and sell prices to TradeFCM. TradeFCM’s No Dealing Desk Price Engine selects the best buy price and the best sell price, which result in the best available spread. Generally, there is no markup added to TradeFCM’s Standard No Dealing Desk account type, making our spreads transparent and some of the lowest in the industry. TradeFCM is the counterparty to all trades that a client undertakes. In no way does a liquidity provider act as the manufacturer or counterparty in the context of any transaction with a client.

In addition to best price, liquidity providers are also ranked by their indicative prices, order rejection rate, spreads, quoting prices, and latency. Those that provide the best pricing and execution will receive an increase in orders, whereby poor performers will be moved to the end of the line or completely removed from the platform. By holding our liquidity providers to such high standards, we are able to provide the best possible customer experience

What Do Liquidity Providers See?

When a trader places an order through TradeFCM’s Straight-Through Processing system, an exact matching order is sent from TradeFCM to the liquidity provider that is providing the best price. For example, a buy order in the example above would go to liquidity provider #2. To the liquidity provider, all orders appear as Market Orders from TradeFCM and contain no information about the trader. Since your stops, limits, and your entry orders are invisible to these price providers, we create an environment free of price manipulation. When we combine this with no re-quote trading you have the opportunity to confidently trade all market conditions, even during key news events.