Deutsche bank retail fx platform

M

misha7

So Deutsche bank has now opened a retail fx platform...100:1 leverage..
www.dbfx.com

I wonder if all the advocates of the ECN model will also now be referring to DB as a 'bucket shop'.. :)
 
3 pip spread on the Euro - according to the web-site.


Quote from riskarb:

Much better than UBS' platform.
More...

Assuming you mean DB's institutional platform - i've heard it's one of the best (consistant fxweek top awards winner) - but I also heard that UBS should be rolling out its new and improved institutional platform some time soon.
 
Two additional things would make this offering very attractive to retail traders and small funds/CTAs.

1) Acces to their institutional research -or even a scaled down version.
2) Broader offering of cross rates and some of the "2nd tier" currencies such as SEK, NOK, ZAR etc.

Hopefully other banks will want to get in on the act and improve upon the model.
 
Shame I would have expected to see their
Autobahn platform scaled down for retail use. Spreads are too wide.
Is it just me or does it look like suspiciously like FXCM's front end. Did they license it to DB??
 
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