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Benefits of Trading with FXDirectDealer
At a Glance Security: FXDirectDealer, LLC (“FXDD”) is a leading online retail forex firm and is a subsidiary of Compagnie Financière Tradition (“CFT”), the world's No. 3 inter-dealer broker. FXDD holds fidelity bond insurance. The bond, Financial Institution Bond Form 14 (#FIB4000184-04), is with Quanta Indemnity Insurance Company and insures protection of the assets of FXDD from various types of fraud, theft and criminal activity. The bond does not insure against risk exposure in the trading activity of FXDD or its customers. Stability: Founded in 1959, CFT has a presence in 18 countries and nearly 2,000 employees who service over 7,000 institutional clients. CFT is a world-class market leader with 26 lines of business; retail forex being one of them. It brokers a broad range of financial (futures and options) and commodity-related (precious metals, energy products and pulp and paper) products, in the over-the-counter (OTC) markets, as well as in certain regulated markets. Regulated Longevity: CFT has been listed on the Swiss Stock Exchange (Symbol: CFT) since 1973 and on the third compartment of the Frankfurt Stock Exchange, thereby incurring regulatory scrutiny on a yearly-basis for over 20 years. CFT's subsidiaries include global broker dealers, such as Tradition Asiel Securities Inc. (“TAS”) in New York . TAS is regulated by the Securities and Exchange Commission (“SEC”), and is a member of the New York Stock Exchange (“NYSE”), the National Association of Securities Dealers (“NASD”): and other principle exchanges. CFT's subsidiaries also include a Futures Commission Merchant (“FCM”), Tradition Securities and Futures Inc. (“TSAF”), which is regulated by the National Futures Association (“NFA”) (NFA ID: 0271289). Additional Information: If you have further questions about FXDD, please call +1.212.791.3590 or toll-free in the U.S. at 1.866.FOR.FXDD. Additional information is also available on the following websites: www.fxdd.com , www.traditiongroup.com , and www.tradition-na.com . For larger Introducing Brokers (IBs), please call FXDD to arrange a company visit. Located at the same address as TAS and Tradition ( North America ), FXDD shares the trading floor with 325 other experienced brokers.
FXDirectDealer LLC (“FXDD”) holds fidelity bond insurance. The bond, Financial Institution Bond Form 14 (#FIB4000184-04), insures protection of the assets of FXDD from various types of fraud, theft and criminal activity. Please note the bond does not insure against risk exposure in the trading activity of FXDD or its customers. The policy effective date is July 3, 2005 and the expiration date is July 3, 2006. The firm automatically renews the bond on an annual-basis and assesses the need at that time for additional insurance. A Tradition of Service, Brokerage and Trading FXDirectDealer is a Compagnie Financière Tradition company, a world leader in the brokerage and trading of financial and non-financial products. It is the world's third largest brokerage firm, with offices in 17 countries and servicing over 7,000 clients around the globe. It acts as an intermediary for banks that trade bonds, commodities, currencies, stocks and interest rate products in the wholesale financial markets. Tradition's history dates to 1959 when it became the first broker of interbank Eurodollar deposits. In 1982, it developed and brokered the first Future Rate Agreement (FRA), which quickly became an essential asset/liability product for banks and financial institutions to hedge their forward interest rate exposure. In 1993, it became the first New York broker to bring buyers and sellers together in LDC currencies. Click here for the Company Overview. Facilitates Trade Via Transparent Real-Time Bid/Offer Pricing FXDirectDealer's business model is to provide interbank market maker prices to our clients. This is the business model that Tradition our parent has been utilizing for over 40 years. By adhering to this model, it allows our clients to take the trading risks while we concentrate on facilitating their trades at the best possible prices. It allows us to avoid the conflict of interest whereby we put our trading P/L ahead of our clients. Instead we look to foster a team oriented relationship --clearly separating execution from trading. For Individuals: You receive transparent pricing that allows you to maximize your trading profits. For Investment Managers: You receive the best possible pricing for your trading, maximizing your profit potential for your clients. For Introducing Brokers: We share the same business model. We want our shared clients to trade profitably so that our returns are maximized. We don't look to put your client out of business by manipulating prices to our advantage and to your clients' disadvantage. Foreign Exchange trading is a 24-hour a day, 5 plus day a week market that trades from time zone to time zone around the globe. From 5:00 PM EST on Sunday to 4:00 PM EST on Friday, FXDD customers have real-time access to live trading prices. Comfort of consistent and constant liquidity gives our clients money-making opportunities and trading flexibility around the clock. FXDirectDealer has a full charting package with tic charts, and minute, hourly, daily and weekly charts. Chart types include candlestick, tic and bar charts. Bollinger Bands, Moving Averages, Stochastic, MACD and Momentum can also be added. The charting package also allows for the inclusion of Trend Lines. For more information on FXDD's charting capabilities, click the link below. For more on technical charting click here... Being associated with a firm like FXDD, one with the backing of a global brokerage operation, gives our customers a peace of mind. No Commissions or Hidden User Fees FXDirectDealer does not charge a commission on any of its transactions. The price you deal on is the "all in cost" to you. The cost of trading is built into the bid/offer spread. In addition, there are no hidden setup fees for opening an account. We want to make your FX trading experience as simple as possible. Redundant and Secure Application FXDirectDealer is a fully redundant and secure application. The application was built with the latest technology to insure that you can enjoy un-interrupted service 24 hours a day. We also employ a multi-level security scheme that protects your information, maintaining confidentiality. FXDirectDealer was designed to have multi-language capabilities. This allows Introducing Brokers from around the globe to incorporate the FXDirectDealer technology in the common language of its customers. Please contact an FXDD representative to discuss customizing a customer-friendly dealing platform. |
