Interesting Converstaion with Deustche Bank FX

I though i should share....

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w w w . d b f x . c o m

Below is script of conversation:

https://server.iad.liveperson.net/hc...o/chatinfo.gifPlease wait for a site operator to respond.
https://server.iad.liveperson.net/hc...o/chatinfo.gifYou are now chatting with 'dbFX Sales and Client Services'
dbFX Sales and Client Services: Welcome to dbFX Instant Messenger. How may I help you?
zamir: I want to know whether u allow micro lots -mini lots
dbFX Sales and Client Services: The minimum deal size is 100,000 units
dbFX Sales and Client Services: We do not offer smaller contracts
zamir: do you allow odd lots like 135000 units...
dbFX Sales and Client Services: No, only in multiples of 100K
dbFX Sales and Client Services: Where are you dealing currently?
zamir: i know DB is the largest forex trading bank in the world, congrat on that... but when it comes to www.dbfx.com are you dealign desk or ECN.
zamir: interbankfx
dbFX Sales and Client Services: Deutsche has a dealing desk, like all banks
dbFX Sales and Client Services: ECNs connect users to multiple banks
dbFX Sales and Client Services: but if you deal directly with a bank, it is via a dealing desk
zamir: but most of the problem i face with dealign desk ( but i have never trade with a bank before ) is that they chase customer stops ...
dbFX Sales and Client Services: I see. It sounds as though you have been dealing with middle brokers
dbFX Sales and Client Services: Because they are much smaller and lack liquidity, such practices are more common perpahs
dbFX Sales and Client Services: *perhaps
dbFX Sales and Client Services: In this case, your counterparty would be DB, a bank with nearly 20% market share in the FX market
zamir: ok..thanks for your help
dbFX Sales and Client Services: Anytime
dbFX Sales and Client Services: I can have a representative contact you by phone if you like
zamir: not at the moment though
zamir: but thanks


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ask them about rollover/swap..

I was interested in dbFX, too. But there was not the courage that live-chatted in English to me...

So what? Dealing desk? It would be weird if they redirect your orders to SMALLER banks like it's done in ECNs. I guess only trader's experience can show us what the dbfx really is. So all we need is to wait.

i saw their ad in the current edition of currency trader mag. platform reminds me a bit of fxcm. anybody actually using it? the spread looks like the same as other retail brokers.

DBFX is hooked ditectly up to FXCM. They are one and the same.

"hey Mr. Trump, I have a bedroom-kitchen-bathroom here in São Paulo, I was wondering if you would be interested in investing in my new balcony"

Dbfx say me they are bank but look at people feedback. People think that dbfx and fxcm are same. Some of them say they always look for ur SL. If it is true they are spoiling their image(I donot like this type bastard who look for nothing but their client fund).
i found public review on dbfx at http://www.forexbastards.com/public/...broker_reviews .