FXDD Going NFA

C

cstfx

FXDD is finally getting their act together and getting registered properly in the USA.

http://www.fxdd.com/en/notice/customer-compliance.html

I had demo'd their Currenex a while back and they quoted me good starting rates (20/MM and tiering down from 250MM capping out at 12/MM @ 1B) which makes them more than competitive with IB (except for that insured Account thing tho).

They might be worth taking a serious look now.
 
I was thinking about it but met them at the Expo and boy, what a bunch of assholes. Came across as bad used car salesmen.

Also, since they are NFA'd, they are no longer part of Tradition, so their capital base is all theirs now - no parent to watch over them.
 
Quote from cstfx:

I was thinking about it but met them at the Expo and boy, what a bunch of assholes. Came across as bad used car salesmen.

Also, since they are NFA'd, they are no longer part of Tradition, so their capital base is all theirs now - no parent to watch over them.
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Hmm. Too bad. Any knowledge of VcapFx?
 
I used them a couple of years ago when they were an ib for FC Stone before Stone had issues. Overall good experience with the guys - commish was a little high compared to what most are charging now, but generally good experience. Don't know who they ib for now.
 
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