What is a No Dealing Desk Broker?

What is a No Dealing Desk Broker?

As the name suggests, No Dealing Desk (NDD) brokers do NOT pass their clients’ orders through a Dealing Desk.

This means that they do not take the other side of their clients’ trade as they simply link two parties together.

No Dealing Desk Forex Broker

NDDs are like bridge builders: they build a structure over an otherwise impassable or hard-to-pass terrain to connect two areas.

NDDs can either charge a very small commission for trading or just put a markup by increasing the spread slightly.

No Dealing Desk brokers can either be STP or STP+ECN.

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