Because the Forex market is an over-the-counter market with no centralized exchange, not everyone receives access to the same prices or quality of execution. The world's largest banks tend to provide better prices and execution to institutions with the largest trade volume and the most solid financials. $200,000,000,000 ($200 billion) in notional volume per month is traded via FXCM's trading platform, and FXCM is one of the most well-capitalized Forex Dealer Members. According to the financial data posted on the CFTC website, as one of the oldest and largest high-volume retail online Forex brokers, FXCM has built strong execution relationships with many of the world's largest international banks. FXCM receives and is able to pass on the benefits of size, better prices, and better execution to our clients.