Is FxPro an ndd broker?

Broker review
M
Maulfrug47
31 Jan 2018, 15:24 1,247 Views
FxPro broker ndd is not, because their requote is very slow, what do you think

1 Answer

R
rachmat 01 Feb 2018, 06:40

To Maulfrug47,

Requote can happen at any broker, whether DD/NDD, STP or ECN. Requote is a situation where when executing an order at a certain price, the broker responds to our transaction request with a different price quote.

The requote situation often occurs in the forex market when there is rapid price movement or high volatility, usually caused by news or fundamental factors with a strong impact/effect so that the availability of liquidity becomes limited. Actually, requote cannot be avoided when the server is full.

And for Fxpro, the system uses NDD.

Thanks.

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