dbFX is a name given to a Deutsche Bank’s online margin forex trading platform for individuals and small institutions. As the world’s largest foreign exchange liquidity provider and leading provider of financial services, dbFX has decided to bring Deutsche Bank’s expertise in FX trading to the retail market.

History

In May 2006 dbFX was launched  in response to the growing global forex market and also due to the increasing client demand for streamlined access to capital market products. Initially it was offered to clients across Europe, the Americas and Asia Pacific, later on in October 2007, dbFX became the first international investment bank on providing online retail FX services to the Middle East.

dBFX is based in the United Kingdom, and it is regulated by FSA and more than 82 countries are covered by it.

Services

Online FX trading services are offered by dbFX to self-directed traders, money managers, hedge funds and financial institutions via its trading platform software. There is also available an application programming interface (API) by which high frequency traders are allowed to build their own forex trading systems or they may plug into an existing program, while having an access to Deutsche Bank’s pricing and execution. dbFX clients can also gain access to Deutsche Bank’s award-winning research, that includes daily reports covering economic developments, special forex reports and in-depth economic research. There are some other useful forex resources that are provided to users of dbFX.com, such as price quotes, currency spreads and web-based charts.

dBFX is also offering an Introducing Broker Program to those that are looking to introduce self-directed and managed accounts to dbFX. This program has been designed for regulated financial service providers, such as FCMs, brokers, small banks and individuals (e.g. CTAs and IFAs), as well as forex service providers.

Trading Platform

The trading platform of dbFX is available in 7 languages: English, Chinese, Arabic, German, Spanish, French and Russian. Real-time streaming prices are updated dynamically tick-by-tick, along with market moves and spreads from as low as 1.5 pips under normal market conditions. there is an availability of 34 currency pairs and depending on trading experience, a maximum leverage of 100:1 can be set. There are other key features of the platform that includes trading from charts, hedging capabilities, customizable risk management and 24-hour reporting.

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