Forex
- Why Trade Forex with ODL Markets?
- FX Trading Station Platform
- Forex Spreads
- Fractional Pip Pricing
- Forex Margin and Leverage
- FX Rollover
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Why Trade Forex with ODL Markets?
Our main FX trading platform is TSII. Download your demo today.
ODL Markets Execution Advantages
Forex Execution Advantages
ODL powered by FXCM means No Dealing Desk* forex execution. Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide ODL with bid and ask prices. The best spreads available to ODL are streamed to you with a small markup, which is generally one pip or less for major currency pairs.
Highlights
Lower Spreads
• EUR/USD spread is frequently 2 pips, GBP/USD 3 pips
• Trade on rates provided to ODL by multiple global banks
• Fractional pip pricing facilitates the tightening of spreads even further
No Dealing Desk Execution
• No conflict of interest between broker and trader
• No dealer intervention in trades
• Price providers (banks) do not see your stops, limits and entry orders
• Competition reduces the potential for market manipulation by price providers
No Trading Restrictions†
• Trade during breaking news
• Place entry orders anywhere—even 1 pip away from the market
• Scalp the market
• Rollover transparency—all amounts are displayed in advance
If you would like to open a FREE demo account, please complete the form below.
Terms and Conditions
By registering you are agreeing to the ODL terms and conditions.
Disclaimers
* Please note, FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM standard accounts. For additional information, click here.
† FX Trading Station allows for order sizes up to 50 million per trade. Traders have the ability to trade incremental sizes (multiple orders of 50 million for the same pair).