Order Types
Volume Trader
Elite Pricing Structure
Keep your transaction fees low with ArabForTrade's Volume Trader spread + commission cost structure. Lower Volume Trader pricing along with ArabForTrade's recommended forex trading execution - No Dealing Desk - can give you the edge you have been looking for in your trading.
PRICING STRUCTURE
ArabForTrade Volume Trader accounts have a spread plus commission pricing structure. The combined transaction costs should be substantially lower than a standard ArabForTrade trading account that uses No Dealing Desk execution.
The pricing structure is designed to reward those who trade large amounts of currency at ArabForTrade by having commission fees reduced as trading volumes rise.
NEGOTIABLE COMMISSIONS
A Volume Trader account is designed to reward individuals who trade large amounts of currency at ArabForTrade. Therefore, commission charges - which are negotiable - are determined by your monthly notional trading volume.
No Dealing Desk
ArabForTrade introduced No Dealing Desk (NDD) execution for forex transactions. Our aim was to provide a more efficient and fair model for pricing and execution than the model used by most dealing desks brokers in the forex industry. We achieved that goal: NDD prices are competitive and market-driven, and NDD execution is transparent and fair.
EXECUTION
ArabForTrade does not take a market position, eliminating a major trading conflict of interest. Dealing Desk brokers may actively trade against your positions. They can profit when you lose. Alternatively, they may lose when you profit. Because of this, Dealing Desk brokers are incentivized to manipulate your orders. They may for example place restrictions on stops and limits or re-quote your orders. ArabForTrade's NDD execution model does none of this. Your orders automatically fill from the NDD price feed, which is the best available bid and best ask prices from all of our liquidity providers after ArabForTrade's mark-up. Additionally, your orders are anonymous to the liquidity providers. They cannot see your stops, limits, or entry orders; they only see market orders coming from ArabForTrade.
Major Benefits
- Competitive, market-driven prices
- Anonymous order execution (price providers cannot see your stops, limits, or entry orders)
- No trading conflict of interest between broker and trader
- No re-quotes; no dealer intervention
- No restrictions on the strategy you use (scalp, trade the news, use any EA)
- Potential Price Improvements on all order types
Dealing Desk
ArabForTrade offers Dealing Desk execution for traders whose primary concern is low spreads for 12 of ArabForTrade most popular currency pairs. The Dealing Desk offering, however, has certain trading limitations. In the Dealing Desk model, ArabForTrade can act as a dealer, setting the prices and spreads for some of the currency pairs on which you trade. In this execution model, ArabForTrade can see your stops and limits and we can profit from your trading losses. In our experience, this is common market practice amongst brokers that offer Dealing Desk execution.