The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Best multibank dealer-to-client forex trading platform: FXall

Highly commended: Centradia, FX Connect

Three key platforms have an enduring appeal for dealers and clients in the multibank dealer-to-client space. FXall stands out as the biggest and most flexible. It does face some challenges in keeping up with the speed of trade requests that black-box clients are starting to demand, and it does not yet offer executable streaming rates, but its overall position is very solid. The platform is now breaking even and it is processing large and increasing volumes each month.

Banks frequently boast about their response times on the platform as a benchmark of the quality of their proprietary trading technology. Some banks have made it a target to always be one of the top three or five dealers. All of them refer to the platform as an important way to reach clients.

Now that side of the business is established, FXall is moving into post-trade services. These projects are at a fairly early stage, but they have started well. Settlement Center is offered either as part of the trading service or separately. It handles confirmations, matching, allocations, and reporting, Prime brokerage services are also in pilot. These services for banks use FXall’s network to give up trades.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree