Dealing Desk (DD)
A broker that operates as a market maker, taking the opposite side of client trades.
What is Dealing Desk (DD) in forex trading?
What this looks like across the brokers we track
Of the 41 brokers BrokerAnalysis tracks that state an execution model, 23 are ECN, 11 are Market maker / dealing desk, 6 are STP, 1 is No dealing desk. Execution model is self-declared by the broker, not independently audited.
Measured across 41 entities in the BrokerAnalysis dataset. See the full broker comparison
Detailed Explanation
Dealing Desk brokers set their own bid and ask prices and may intervene in trade execution. While often offering fixed spreads, they are sometimes criticized for conflicts of interest.
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