NDD Forex Brokers

NDD brokers simply connect two trading parties. These brokers do not pass your orders through a Dealing Desk. This means that they never take the other side of any trade. Forex traders that use NDD brokers will buy and sell based on current market prices. These prices are not determined by the broker. No Dealing Desk describes a trading platform offered by a forex broker that provides unfiltered access to interbank market rates of exchange.

What Is NDD Forex Broker

No Dealing Desk is a type of forex trading whereby instantaneous admittance to the interbank market is granted. International currencies are traded at the interbank market. Whereas there is also trading that takes place through the dealing desk, its operations differ from those of a no dealing desk. Foreign Exchange Dealer and a Futures Commission Merchant can be able to dissolve the position of futures by infiltrating an opposite and equal transaction that disqualifies the delivery obligation.

best stp brokers

Best NDD Forex brokers

RoboForex has been operating since 2009 and is regulated by the FSC, license No. 000138/333. From the moment of its foundation, RoboForex has always been focused on providing best trading conditions using innovative technologies and many years of experience. RoboForex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading.

HFM is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HFM has positioned itself as the forex broker of choice for traders worldwide.

FP Markets is your one-stop destination to trade CFDs across Forex, Shares, Indices, Commodities & Crypto. FP Markets offers traders over 10,000 CFD products across Forex, Shares, Indices, Commodities and Cryptocurrencies.
Trade on the World’s largest exchanges and take advantage of low commissions and tight raw spreads from 0.0 pips.

FXTM established itself as a leading broker for emerging and frontier markets. Traders get upgraded MT4/MT5 trading platforms, a proprietary copy trading service, and quality research and education. Forextime also delivers one of the best commission-based Forex pricing environments.

FreshForex, operated by Riston Capital Ltd, is an offshore brokerage established in 2004 and registered in Saint Vincent and the Grenadines. The broker provides over 130 financial instruments to clients from over 200 countries worldwide, as well as a range of educational tools for both beginners and experts.

FXChoice was established in 2010. The broker is licensed by the International Financial Services Commission of Belize) and provides quality brokerage services for active and passive trading on the Forex market. FXChoice enjoys popularity among Western traders thanks to the broker’s commitment to business integrity, focus on customers, and to high requirements for its global employees.

BlackBull Markets was founded in Auckland, the technology-focused, financial capital of New Zealand. In 2014, BlackBull Markets’ founders decided to collaborate in the equities retail space with the goal of providing clients with the best trading experience.

Legacy FX strives to build trust through openness and provide great products and services. LegacyFX has provided a wide range of products and services for traders worldwide since 2017. LegacyFX offers various account types to traders of all experience levels.

Tickmill is a trading name of Tickmill Ltd, a member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA). With a proven track record of strong financial results and stable growth, Tickmill has put itself in an enviable position as a trusted market leader and innovator.

Tickmill is a trading name of Tickmill Ltd, a member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA). With a proven track record of strong financial results and stable growth, Tickmill has put itself in an enviable position as a trusted market leader and innovator.

What Are The Benefits of STP Forex brokers

The STP system ensures higher levels of anonymity because it directly connects traders with the liquidity providers the broker works with. Respectively, this gives customers instant access to more liquidity and better interbank prices. This is especially beneficial from the perspective of scalpers who will not have to deal with issues like slippage and requotes. It also works to the advantage of news traders. The exposure of a market maker increases beyond certain predetermined levels after important news releases, which may cause them to reject the orders of some customers. A news trader is spared these hassles when trading with an STP broker.

STP brokers provide traders with deeper access to the markets. Companies that rely on this model aggregate market prices from multiple providers of liquidity. This translates into better trade execution, more transparency, and more competitive pricing for customers.

Finally

If you’re looking for a more flexible way to trade forex, then an STP broker may be the right choice for you. Just make sure you compare different brokers before making a decision.

STP Brokers Pros & Cons

FAQs

An STP broker is a forex broker that offers Straight Through Processing of trade orders. These are brokers that send the trader’s orders straight to the liquidity providers for trade order processing and fulfillment. Straight Through Processing is possible thanks to the development of the Financial Information Exchange  protocol. The core essence of the STP model is to shorten trade execution time, reduce slippage/re-quotes and ensure that traders get the best pricing. So STP describes the process by which non-dealing desk brokers route their orders.

 

Scroll to Top
Weltrade iPhone Promo
FreshForex