Overview
You are a forex broker. No matter the size of your brokerage or the country of registration (except for UN sanctioned countries, USA and Canada), FXCL leverages state of the art technological breakthroughs to offer your company a wide range of services to fit your technological or risk management needs.
Direct market access (DMA)
FXCL offers brokerages and other institutional customers full access to the largest and highly respected global financial institutions. These institutions are fully integrated with FXCL’s operational infrastructure, providing live, executable, multibank liquidity and a virtual clearing network.
ECNs (Electronic Communication Networks): FXCL provides BOB (Best-Offer-Bid) high quality liquidity aggregated from the following major non-banking liquidity gateways:
F.O.X.: “Full Order eXecution” enables buy-side market participants to execute large orders anonymously, on aggregated multibank liquidity, in a single transaction with a single bank liquidity provider.
F.O.X. Features and Benefits:
- One fill, one ticket;
- Full amount filled at desired rate;
- One price fill across multiple accounts;
- Only the bank streaming the best bid or offer gets the request;
- Only the client and liquidity provider know that trade exists;
- No market impact due to multiple providers filling a large ticket;
- Client anonymity;
- Customizable amounts.
Market Depth:
FXCL provides direct access to the deepest sources of spot FX and precious metals liquidity available on the global markets.
Below is a real screenshot from the Fortex platform, showing the extent of the market depth available for USD/JPY, including tight bid/offer spreads as well as substantial quantities available for simultaneous, instantaneous transactions.
Our advantages
No more regulatory hurdles and high capitalization requirements!
As every market participant is well aware of, trading on the Forex market involve risks for all players, be it an individual trader or a broker. Retail Forex brokers must offset the discrepancy in their internal trade flow by offloading their unbalanced market exposure to higher-level/first-tier liquidity providers.
However, most government regulatory agencies in the USA, UK and Switzerland obligate their regulated broker and institutional traders to constantly maintain significantly higher capital requirements (from $1M and up to $25M) than could be affordable for small and midsize brokerages, fund managers and traders.
FXCL's aggregated brokerage solution allows small and medium size market participants to obtain first class interbank quality liquidity and execution. FXCL will accumulate your company's or your clients' funds into aggregated trading accounts opened with government regulated first-tier prime brokerages, at the same time providing you with fully secure and independent access to manage the full array of back office features.