How do I know if a trade is legal or not?

If your trade is potentially illegal – for example, a wash trade – then our proprietary risk management system will automatically reject the order before it reaches the market, and flag it for review. If you continue to allow any of your traders to make potentially illegal trades, your office’s trading access may be closed out or shut down for the day, and our Risk Team will get in touch with you to discuss the suspicious trading activity.

Why is there only an 84% return for non–North American markets?

We at DTTW™ feel that an 84% payout to Trading Offices for profits on non–North American markets is both fair and reasonable. Our cut of 16% is small, but it is enough to cover our company expenses to ensure that we can continue to remain in business and provide top-notch service to our partners.

What kind of buying power can a trader receive to start?

When a trader is just starting out, he can receive buying power for trading on all markets. In the Training Platform, he is automatically approved for the maximum buying power available for all currencies. In Live, he can be automatically approved for buying power up to set limits, after which point an explanation is required stating the reason for the higher request, which is then reviewed and either approved or denied by the Risk Team.

How does the transfer of funds (settlements) work?

During the last week of every month, the settlements statement is published in Metro for the previous month’s trading. The Finance Rep of your office then has a few days to review and confirm settlement amounts, cover losses and exchange currencies, and allocate and send funds to registered bank accounts. When that is done, the Finance Team sends bank wire transfers to your office for the total settlement amount.