NDD Forex Brokers are FX brokers that do not have a dealing desk in its operations and passing traders’ requests directly for implementation, while the broker only offers direct access between traders and the financial market. No Dealing Desk, or NDD, Forex Brokers, provides direct access to the inter-bank market without a “middle” man. Typically, these brokers can either have an STP or ECN Forex broker model, which is common to set-up the progressive technology. While traders are dealing with the broker of the type that allows access to an inter-bank market, there is foreign trading operation that is executed and the trading position is carried out through automated systems that are registered as an offset.

 

Here’s a list of all the NDD Forex Brokers that are regulated and put your safety as a priority.

NDD Forex Brokers List

 

Broker
Description
Trade Now
Octafx
OctaFX
Regulation: CySec
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.4 pips

Review


FP Markets
FP Markets

Regulation: ASIC, CySEC
Min. Deposit: $/€/£ 100
Leverage: 1:500
Spreads: Ultra Tight from 0.0 pips

Review


NSBroker
NSBroker
Regulation: MSFA, BaFin, FCA,
Min. Deposit: $250
Leverage: 1:100
Spreads: Low as 1.2 pips

Review
XM
XM
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 5
Leverage: 1:500
Spreads: Low as 0.1 pips

Review
Avatrade
Avatrade
Regulation: ASIC,JFSA,FSCA
Min. Deposit: $/€/£ 250
Leverage: 1:400
Spreads: Floating from 1 pip

Review


IC Markets
IC Markets
Regulation: ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:500
Spreads: Low as 0.0 pips

Review


Etoro
Etoro
Regulation: CySEC,FCA,ASIC
Min. Deposit: $/€/£ 200
Leverage: 1:30
Spreads: Variable

Review

XTB
XTB
Regulation: FCA
Min. Deposit: $/€/£ 250
Leverage: 1:30
Spreads: Low as 0.1 pips

Review


IQOption
IQOption


Regulation: CySec
Min. Deposit: $/€/£ 10
Leverage: 1:1000
Spreads: Floating from 1 pip

Review


OlympTrade
OlympTrade
Regulation: IFC
Min. Deposit: $/€/£ 10
Leverage: 1:500
Spreads: Low as 0.0 pips

Review
Globex360
GlobeX360
Regulation: FSCA
Min. Deposit: No min Deposit
Leverage: 1:500
Spreads: Low as 1.6 pips

Review

 

Investors’ demand is accomplished by direct access to instant rates and better pricing, while the trader should be cautious of the nature of the broker. The truth of the matter is that only regulated Forex Brokers can offer real execution of these brokers, since they are regularly supervised by the financial authority of service delivery. The unregulated financial entities can easily fabricate information and fill traders with mistrust.

Trading with pure NDD Forex Brokers, there are no re-quotes of prices. This means that you can trade during high levels of volatility, without any restrictions or interruptions. The spreads offered in trade operations with NDD Forex Brokers are lower, but they are not fixed. Spreads are variable and can increase significantly when there is high volatility in the markets, due to major economic events. They can either charge a commission on each trade, or they can increase the spread accordingly.

NDD Forex Brokers consist of a structure that keeps the traders’ interests are independent, while the only cost of trading oftentimes is a small commission per lot or a slight markup on the spread. Most of these brokers offer flexible spreads because of the technology in execution, which is why scalpers and day traders have an easier and more validating contribution to trade.

Reasons to Trade 

There are three main reasons for traders to deal with NDD Forex Brokers; the three main reasons are: faster transactions, more options, and it is secure and private. These benefits are making these brokers desirable for most traders.

The first benefit is faster transactions, NDD Forex Brokers do not have their own accounts; their job is to forward trades to the market and develop transactions faster. Instead of profiting from their own trades, they profit from the spread that is additional to Forex pairs. Traders can expect a more reliable network and faster financial transactions with these brokers.

The second benefit is more options, since NDD Forex Brokers are expanding. All of the brokerage firms are offering services of STP, ECN, and DMA accounts, which are all NDD Forex Brokers. The third and final benefit is that this particular type of broker have an extra layer of privacy and security offered by the brokers. All trades are implemented anonymously, which guarantees that trades are at the market price without any variation. The brokerage firm’s sole purpose is to offer the trader prices without any digression other than the spread. These brokers are also more trustworthy, especially when the financial market is unstable; they are also reliable for scalping and other short-term trading methods.

NDD Forex Brokers and accounts have their drawbacks, which should be considered when traders decide look for brokerage firms to handle their funds.

Conclusion: Everything You Need To Know

NDD Forex Brokers are Forex brokers that do not have a dealing desk in its executions and process traders’ requests directly for execution, while the broker only provides direct admission between traders and the financial market. Investors’ requirements are accomplished by a direct link to immediate rates and improved pricing, while the trader should be alert of the character of the broker. The reality of the issue is that only regulated Forex Brokers can proffer real implementation of the NDD Forex Brokers.

Trading with true NDD Forex Brokers, there is no such thing as re-quotes of prices. This means that you can deal during an increased intensity of volatility, without any limitations or disruptions. The spreads presented in trade procedures with NDD Brokers are lesser than most, but they are not unchanging. NDD Brokers consist of an internal organization that presents and maintains that the traders’ wellbeing are autonomous, while the only expenditure of trading oftentimes is a small commission per lot or a minor markup on the spread.

There are three main causes for traders to deal with NDD Brokers; the three central reasons are: rapid financial operations and transactions, added alternatives, and it is known for its protection of privacy and security towards clients. The first advantage is rapid financial operations and transactions, NDD Brokers do not have their own financial subset; their role is to connect trades to the market and develop dealings sooner than other brokers. The second benefit is an array of selections, since NDD Forex Brokers are escalating. All of the brokerage companies are contributing their services of STP, ECN, and DMA accounts, which are all NDD Brokers. The third and concluding advantage is that NDD Brokers have an additional level of confidentiality and precautions presented by the brokers. All trades are applied anonymously, which assures that trades are at the marketplace price devoid of any discrepancy.