NDD Forex Brokers

  1. What are NDD Forex Brokers?
  2. Best NDD Brokers
  3. What are ECN STP NDD Forex Brokers?
  4. What is True NDD Broker?
  5. 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.

🏦 SpreadSpread from 0 pips + commission / Low spread from 1 pips
📊 CommissionYes / No
🔒 RejectionNo
💰 SlippageLow

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 AdvantagesNDD Trading Disadvantages
Straight and Fast Execution of ordersFees and Commissions charged
Trading TransparencyCosts 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
Doo Prime Review Logo Doo Prime
Min. Deposit: $100
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, Doo Prime InTrade, TradingView, FIX API 4.4
Regulation: FSC, SEC, FINRA, FCA, ASIC, FSA
Doo Prime Review
FBK Markets Review Logo FBK Markets
Min. Deposit: R20/ $1,06
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, Mobile Apps
Regulation: FSCA
FBK Markets Review
RCG Markets Review Logo RCG Markets
Min. Deposit: $2,7
Max. Leverage: 1:30 | 1:2000
Trading Platforms: MT4
Regulation: FSCA
RCG Markets Review
EXT Review Logo EXT
Min. Deposit: €10,000
Max. Leverage: 1:30 | 1:500
Trading Platforms: EXT proprietary platform, HTTP API, FIX API
Regulation: CySEC, SFC
EXT Review
WelTrade Review Logo WelTrade
Min. Deposit: $1
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: FSCA
WelTrade Review
CapTrader Review Logo CapTrader
Min. Deposit: $2,000
Max. Leverage: 1:30
Trading Platforms: Trader Workstation TWS, TradingView, AgenaTrader, Mobile App
Regulation: BaFin
CapTrader Review
FBS
Min. Deposit: 5$
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
AximTrade Review Logo AximTrade
Min. Deposit: $1
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4
Regulation: ASIC, SVGFSA
AximTrade Review
CFI Review Logo CFI
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT5, cTrader
Regulation: FCA, CySEC, DFSA, FSC, VFSC, FSA, JSC, BDL
CFI Review
AIMS Review Logo AIMS
Min. Deposit: $50
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4
Regulation: ASIC, LFSA, SERC
AIMS Review