Tue. Oct 4th, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Dealing Desk vs. No Dealing Desk Forex Brokers

1 min read

Dealing Desk vs. No Dealing Desk Forex Brokers #hilliantgroup

One of the primary steps any aspiring Forex Trader must do is choose their choice of a Forex broker. This is a really important decision and will be considered carefully.

There are various different types of Forex Broker models, but broadly, they are going to typically fall under two main categories – Dealing Desk Operations (DD) and Non-Dealing Desk Operations (NDD).

A Dealing Desk broker is additionally called a market maker because they create the marketplace for their clients providing them with the liquidity to execute their trades.

In this execution model once you trade profitably you create money off the dealing desk broker.

On the opposite hand, your broker profits from your trading losses. This also means you trade against your broker and your order is not being sent to the important inter-bank market.

Since the Dealing Desk broker keeps your order in-house and does not execute it to the important market, it is no wonder that Dealing Desk brokers have a conflict of interest against their clients.

On the other hand, No Dealing Desk brokers impart forthwith ingress to the interbank market.

In the No Dealing Desk model, there is no human intervention when a client places a trade so everything is executed automatically.

The prices you see at your trading platform are live quotes from global banks which suggests that the worth you have got once you click is that the final price for your position.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.