Phone Numbers
U.S. Toll Free: 1-866-FOR-FXDD or International at +1-212-791-FXDD

Dealing Spreads
FXDD offers 17 currency pairs.

Trade Sizes
Deal increments are for notional lots of 100,000 of the base currency. For example, a purchase of one lot of EUR/USD at a price of 1.300 would be equivalent to a $130,000 USD notional position. The prices shown live are for amounts up to 3 million. The minimum deal size is one lot or 100,000 of the base currency.

Smaller trade size available via the FXDD Mini account.

Types of Orders
There are several types of orders:

• Market
• Limit
• Stop/loss
• OCO (one cancels other

Market orders are the most basic order. A market order is an order to buy or sell a specified currency pair at the current ask (or offer) exchange rate if buying or the bid exchange rate if selling. FXDirectDealer defaults to a market order and automatically enters the current ask/bid exchange rate in the deal ticket.

A limit order is an order to buy or sell a specified currency pair at a user specified exchange rate.

A stop/loss order is an order to buy or sell at a client-specified foreign exchange rate in order to liquidate a position or initiate a new position that has declined in value (from the time the order is placed).

OCO (one cancels other) orders are when two linked orders are entered simultaneously. True to the description, if one of the orders is executed, it will automatically cancel the other linked order.

Margin
For each lot of 100,000 purchased, a 1% margin must be pledged against the position. The 1% is another way of representing the 100:1 leverage (1% is 1/100th of 100%). FXDirectDealer has three additional margin levels: maintenance, margin call and liquidation margin levels.

Maintenance Level: The first level is the maintenance level and represents the account level you will need to have deposited with FXDirectDealer in order to continue to maintain the current position. Clients who have account values that are above the maintenance level are liquid and have ample leverage available for trading.

Margin Call Level: The second level is the margin call level. You would need to deposit additional funds up to the maintenance level if an existing position results in an unrealized loss that brings the account value below the margin call level.

Liquidation Margin Level: The final margin level is the liquidation margin level. If during a trading day the account value goes below the margin call level and the liquidation margin level, FXDirectDealer will automatically liquidate the position at the best available price.

Rollover/Interest Policy
When a position is held past the close of business, the position is automatically rolled-over to the next available spot date by FXDirectDealer. The rollover needs to occur because all deals done with FXDirectDealer are for foreign exchange. Therefore, the old position must be closed and a new spot position established.

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