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The obvious benefits of using a NDD broker are you’ll be trading with the best prices from numerous liquidity pools. What are the risks of using a NDD forex broker? This is in contrast to dealing desk brokers who have fixed spreads and act as a counterparty to their customers’ trades.
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Brokers using a NDD make their money through commissions or by increasing spreads to mark up prices. When trading forex using a NDD broker, the spreads are variable and fluctuate in line with market activity. STP brokers do not route trades through a dealing desk and never take the opposing side of a trade you trade directly with other people on the market. Simply put, it connects its customers to the interbank market – where banks trade against each other. A drawdown can be applied to a single position. It refers to the difference between the peak or high point in your trading account balance and the next trough or low point in the balance of your accounts. Click on any of the links to register in a few minutes or read on to learn more about NDD forex brokers.Ī no dealing desk broker offers straight-through processing (STP) of forex trades. In forex trading, drawdown (DD) refers to how much money you have lost in your account balance or from a particular trade. They have all been selected by our trading experts and are the top brokers to use for the best prices and direct access to the market.
DD FOREX SERIES
What are the best no dealing desk forex brokers?īelow is a selection of the best no dealing desk forex brokers you can use. A drawdown is the reduction of one’s capital after a series of losing trades.
DD FOREX PRO
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