What is No Dealing Desk?

No Dealing Desk describes a trading platform offered by a forex broker that provides unfiltered access to interbank market rates of exchange.

What is dealing desk and non dealing desk?

As the name signifies, No Dealing Desk (NDD) brokers do NOT pass their clients’ orders through a Dealing Desk. Instead, NDD forex brokers send the buy and sell orders directly to the forex market (via liquidity providers, banks, other brokers, etc). Think of No Dealing Desk Brokers as bridge builders.

Who is the CEO of forex?

Brendan Callan
FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker for trading on the foreign exchange market….FXCM.

Is IG a dealing desk broker?

The broker operates a counter-party dealing desk which is useful for clients, especially ones with large accounts, who wish to trade directly with the inter-bank system through a dedicated platform.

Is Exness dealing desk broker?

The broker offers unlimited leverage (MT4 only), competitive spreads and commissions across all accounts. Demo and Islamic (swap-free) accounts are also available….Conclusion.

Who runs forex?

7.1 The Foreign Exchange Market It is decentralized in a sense that no one single authority, such as an international agency or government, controls it. The major players in the market are governments (usually through their central banks) and commercial banks.

Is FxPro a dealing desk broker?

Why FxPro is not an ECN Broker FxPro is a true No Dealing Desk Execution broker, meaning that we execute client orders with no dealing desk intervention.

Is IG available in USA?

IG accepts U.S. clients, though only for forex, and is registered with the CFTC (U.S.), NFA (U.S.), and FCA (U.K.).