Grade A — Highly protective (score 93/100)
This document outlines Deutsche Bank's role as a principal in FX transactions, establishing that they act at arm's length and may prioritize their own interests in market-making activities.
Financial disclosure document. No data sale. No forced arbitration.
Deutsche Bank is not under any obligation to accept and act upon any customer trade request... and acceptance of a trade request does not oblige Deutsche Bank to enter into any transaction with a customer, in whole or in part.
The bank reserves the right to reject your trade requests at any time without explanation.
Deutsche Bank may execute transactions for its own account or for the benefit of other customers before execution of any trade request that a customer has placed with Deutsche Bank.
The bank may prioritize its own trading or other clients' trades over yours.
Deutsche Bank is not under any obligation to disclose the specific amount of any bid-ask spread and/or mark-up to a customer (unless otherwise agreed in writing or required by law).
The bank does not have to tell you how much profit they are making on your trade.
Deutsche Bank shares information as necessary to fulfil these responsibilities and respond to general and specific regulatory and other requests with which it is required to comply.
The bank will disclose your information to government or regulatory bodies when required by law.
Deutsche Bank acts as principal for FX and/or metals transactions, in an arm’s-length role in relation to its customers, and does not act as agent, fiduciary or in any advisory capacity for any transaction.
The bank is not acting in your best interest; they are acting as a counterparty to your trades.
Last reviewed 2026-08-05 under rubric v3.5.