How we execute
A non-dealing broker never takes the other side of a client trade. This page explains what happens to your order, how we are paid and what we will publish so you can check our work.
The order journey
- 01You place an order
On web or mobile. The commission for the trade is shown before you confirm.
- 02We route it out
Your order passes straight to our liquidity providers. No dealing desk holds or re-prices it.
- 03The market fills it
At the best price available from the providers we connect to at that moment.
- 04You see the record
Every trade confirmation shows the fill price, the time and the commission charged.
Dealing and non-dealing, side by side
| Dealing broker | Plenitude FX | |
|---|---|---|
| Who takes the other side | Often the broker itself | External liquidity providers |
| How the broker earns | Spread, and client losses on positions it holds | A disclosed commission or mark-up per trade |
| Conflict of interest | Must be managed and disclosed | Structurally reduced, and still disclosed in our policy |
How we are paid
We earn a commission or a disclosed mark-up on each trade. Our income does not depend on whether a client wins or loses. The full schedule of charges will be published here before we accept any client.
What we will publish
- Order execution policy
- Conflicts of interest policy
- Schedule of charges
- Execution quality statistics, after launch