What are the benefits of trading with NDD forex brokers?

NDD Brokers building a structure where the client’s interests are independent, while the only cost of trading is most often a small commission per lot or a very slight markup on the spread, alike 1 pip. Most NDD companies offer variable spreads due to its execution technology, hence scalpers and day traders getting an easier and most perfect offering to trade

Is FXTM a NDD forex broker?

Yes, FXTM is a NDD forex broker as it is an ECN technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

Is FP Markets a NDD forex broker?

Yes, FP markets is a NDD forex broker as it is an ECN technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

Is XM a NDD forex broker?

Yes, XM is a NDD forex broker as it is a STP technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

Best No Dealing Desk Forex Brokers 2024

Q: What is NDD forex broker?

NDD is No Dealing Desk. It is obvious from the name that it does not use Dealing Desk in its operation and passing traders' orders directly for execution, while the broker only provides a connection between two parties the trader and market itself. That means while you are dealing with the broker of that type you get access to an interbank market where the foreign trading is performed and your positions executed automatically while registered as an offset

What are NDD Forex Brokers?
Best NDD Brokers
What are ECN STP NDD Forex Brokers?
What is True NDD Broker?
NDD Forex Brokers List

What is NDD Forex Broker?

NDD Forex Brokers do not use a Dealing Desk in their operation and pass traders’ orders directly for execution. So the broker plays the role of the intermediary between two parties – the trader and the market itself. NDD Brokers provide traders with access to an interbank market and the positions are executed automatically via the best available price while registered as an offset. Read more about NDD MT4 via Wikipedia.

🏦 Spread	Spread from 0 pips + commission / Low spread from 1 pips
📊 Commission	Yes / No
🔒 Rejection	No
💰 Slippage	Low

What is NDD Platform?

No Dealing Desk Platform is a trading platform offered by a broker that provides direct access to the interbank rate of exchange.

Here we recommend for your consideration some crucial points of NDD trading, also have a look at the advantages and disadvantages of NDD:

NDD Brokers build a structure where the client’s interests are independent, while the cost of trading is most often a small commission per lot or a very slight markup on the spread, alike 1 pip.
Most NDD companies offer variable spreads due to their execution technology, hence scalpers and day traders get an easier and perfect offering to trade.
NDD Brokers may charge commissions since they pass the spreads directly through the traders, they need to charge fees to make money for their services. Hence trading NDD may cost more in comparison to a Dealing Desk Brokers
In some cases, when the broker fails to hedge your trade it takes the opposite side of the trading, thus operating like a Dealing Desk Broker

NDD Trading Advantages	NDD Trading Disadvantages
Straight and Fast Execution of orders	Fees and Commissions charged
Trading Transparency	Costs can be higher
Variable Spreads
Direct Connection to Interbank Market

Top 5 Best NDD Forex Brokers

Here we select the Best NDD Brokers by category among the Best Forex Brokers with some of the best trading conditions and trustable standards of operation based on our research and expert evaluation.

HFM – Best Overall NDD Broker 2024
BlackBull Markets – Best Lowest Spread NDD Broker 2024
FP Markets – Best MT4 NDD Broker 2024
Eightcap – Best for Beginners NDD Broker 2024
BDSwiss – Best EA Trading NDD Broker 2024

What are ECN STP NDD Forex brokers?

NDD brokers are subdivided by STP brokers and ECN brokers with access to interbank market rates. The main difference is that the STP broker route orders to different liquidity providers like banks, hedge funds, and interbank market, while the ECN broker routes itsorders to interbank markets only.

What is Ture NDD Broker?

Only Regulated Forex Brokers can provide real NDD execution (like TriumphFX), as they report regularly and are overseen by the respected authority for service delivery. Likewise, unregulated forex brokers easily fault information and may mislead their statements.

Is No Dealing Desk Broker better?

We can’t say exactly if it is better or not, it depends on the trading strategy, since Market Makers might be more suitable for beginning traders and may have better-spread offerings due to access with lower quotes, however, NDD is good for scalping or other strategies, also larger account types.

NDD Forex Brokers List

Here we found the best-regulated brokers that offer NDD execution and trading with proven records:

Broker	Detail
HFM	Min. Deposit: 0 US$ Max. Leverage: 1:2000 Trading Platforms: MT4, MT5, HFM Trading App Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA	1 HFM Review
BlackBull Markets	Min. Deposit: 0 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View Regulation: FMA, FSA	2 BlackBull Markets Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5, cTrader Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA	3 FP Markets Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, TradingView Regulation: ASIC, SCB, CySEC, FCA	4 Eightcap Review
BDSwiss	Min. Deposit: 10 US$ Max. Leverage: 1:400 \| 1:2000 Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App Regulation: FSC, FSA, FSCA, MISA	5 BDSwiss Review
GO Markets	Min. Deposit: 0 US$ Max. Leverage: 1:30, 1:500 Trading Platforms: MT4, MT5, cTrader, WebTrader Regulation: ASIC, CySEC, FSC, FSA	GO Markets Review
Errante	Min. Deposit: $€50 Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: CySEC, FSA	Errante Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	Pepperstone Review
SquaredDirect \| SquaredFinancial	Min. Deposit: $250 Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, Mobile App Regulation: CySEC, FSA	SquaredDirect \| SquaredFinancial Review
FXCC	Min. Deposit: No minimum deposit Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4 Regulation: CySEC, SVG FSA	FXCC Review