Fully transparent Straight-Through-Processing (STP) or NDD. Raw Interbank FX Spreads as Low as 0 pips.

14. MARKET MAKING
14.1. When DBG MARKETS executes orders as Agent for the Client on a recognized stock or futures exchange, DBG MARKETS will not be a party to such a trade as such orders will be executed in the trading system of the relevant exchange at the best price and the most favourable conditions available at the time of the order or according to the Client's specific instructions, e.g. in a situation where the Client has chosen to limit the order. DBG MARKETS will not include any additional spread in the price of the execution achieved for the Client but will be remunerated according to the Commissions, Charges & Margin Schedule.

14.2. The Client is specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, DBG MARKETS may act as a Market Maker.

14.3. When acting as a Market Maker, DBG MARKETS will under normal market circumstances quote the Client bid and ask prices.

14.5. Following execution of any position with a Client, DBG MARKETS may at DBG MARKETS' reasonable discretion subsequently offset each such client position with another client position, or a position with one of DBG MARKETS' s Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions.

14.6. The Client accepts that DBG MARKETS in such markets where DBG MARKETS acts as Market Maker, may hold positions that are contrary to positions of the Client, resulting in potential conflicts of interest between DBG MARKETS and the Client, cf. Clause 16.

14.8. In markets, where DBG MARKETS acts as a Market Maker, DBG MARKETS may or may not charge commissions.

14.14. The Client is specifically made aware that in the area of market making in foreign exchange, OTC foreign exchange options, CFD Contracts and other OTC products, significant implied costs can arise as a consequence of the profits made by DBG MARKETS performing in its capacity as a Market Maker.

11.3. The Client is obliged to pay interest on the basis of the Client's negative Net Free Equity in accordance with the terms in DBG MARKETS’ s Commissions, Charges & Margin Schedule.