NDD (No dealing desk) is getting more and more widespread being employed by the growing number of large marketmakers and forex brokers who once offered only dealing-desk execution. This has its own reasons. NDD offers traders market execution of their orders that are matched with best offers provided by liquidity providers (banks) that the NDD broker is connected to and gets their price feeds from. There are agreements already in place with these providers to the types of offers that will meet the needs of different trader types. The orders do not go through the dealing desk when employing a non-dealing desk brokers. Thus the trader and broker do not have a conflict of interest when making a transaction.
Best Canadian Forex Broker List
Demo account Yes
Minimum deposit $100
Minimum Deposit: $100
Between 74-89% of retail investor accounts lose money when trading CFDs with this broker.
Demo account Yes
Minimum deposit $250
Minimum deposit: $250
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
Demo account Yes
Minimum deposit $150
Minimum deposit: $150
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts
lose money when trading CFDs with this provider
Demo account Yes
Minimum deposit $200
Minimum Deposit: $200
67% of retail investor accounts lose money when trading CFDs with this provider.
Demo account Yes
Minimum deposit $100
Minimum Deposit: $100
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
Demo account Yes
Minimum deposit $ 250
Minimum Deposit: $ 250
Between 74-89% of retail investor accounts lose money when trading CFDs with this broker.
Demo account Yes
Minimum deposit $100
Minimum Deposit: $100
Between 74-89% of retail investor accounts lose money when trading CFDs with this broker.
Demo account Yes
Minimum deposit $ 100
Minimum Deposit: $100
Between 74-89% of retail investor accounts lose money when trading CFDs with this broker.
Demo account Yes
Minimum deposit $ 100
Minimum deposit: $ 100
73.9% of retail investor accounts lose money when trading CFDs with this provider.
Regular STP brokers often employ the hybrid business model. They can operate as DD (D