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
Land FX Review Land FX
Min. Deposit: $10
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5
Regulation: FCA, FSA
Land FX Review
Infinox Broker review Infinox
Min. Deposit: $1
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5
Regulation: FCA, SCB, FSCA, FSC
Infinox Review
XTrade Review Xtrade
Min. Deposit: 250 US$
Max. Leverage: 1:30
Trading Platforms: MT4, XTrade WebTrader
Regulation: CySEC, FSC, ASIC, FSCA
Xtrade Review
Rakuten Securities Review Rakuten Securities
Min. Deposit: 50 US$
Max. Leverage: 1:400
Trading Platforms: MT4, Rakuten FX, ZuluTrade
Regulation: ASIC
Rakuten Securities Review
Fortrade Review Fortrade
Min. Deposit: US$100
Max. Leverage: 1:30 | 1:400
Trading Platforms: Fortrader Platfrom, MT4
Regulation: FCA, ASIC, IIROC, CySEC, NBRB, FSC
Fortrade Review
Darwinex Review Darwinex
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA
Darwinex Review
Alvexo Review Alvexo
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: Alvexo WebTrader, MT4
Regulation: FSA, CySEC
Alvexo Review
Amana Capital Review Amana Capital
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:100
Trading Platforms: Amana App
Regulation: FCA, CySEC, DFSA, LFSA, FSC
Amana Capital Review
Velocity Trade Logo Velocity Trade
Min. Deposit: $0
Max. Leverage: from 1:30 up to 1:500
Trading Platforms: MT4, PFSOFT
Regulation: ASIC, FCA, IIROC, FMA, BaFIN, FSCA
Velocity Trade Review
X Open Hub Review X Open Hub
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, XOH Traders
Regulation: FCA
X Open Hub Review