Orders are forwarded to the LMAX EXCHANGE market of London, a Forex market with a real open order book and full market depth.
LMAX Exchange is based in London, and it is a regulated MTF (Multilateral Trading Facility) for FX. The LMAX Exchange OPEN order book is driven by streaming, no last look limit orders supplied by top-tier banks as liquidity providers, all competing against each other.
This will result in no last look, no orders' rejection and no re-quotes.
Operations are thus solid and transparent, with the lowest spreads available on the Forex market.
Through LMAX Exchange on EUR/USD the round turn typically has a one pip cost, often less, including Directa's commissions.
You will find a comparison of the different major Forex brokers' spreads, in realtime on this page