Regional Preferences

Agent Merina

Agent Merina

Dedicated Support Agent • Online
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Broker & Platform

No Dealing Desk (NDD) Broker

A broker model that routes client orders directly to liquidity providers without internal intervention. Understanding how brokers handle this affects not just cost but also how trustworthy and transparent a trading relationship is likely to be.

Meaning

What No Dealing Desk (NDD) Broker means

A broker model that routes client orders directly to liquidity providers without internal intervention. Understanding how brokers handle this affects not just cost but also how trustworthy and transparent a trading relationship is likely to be.

Trading context

Why it matters

It generally offers more transparent pricing and execution. Traders progressing past the basics tend to lean on this more heavily as they start combining multiple concepts into a coherent trading approach.

Example

How traders may see it

Often associated with variable spreads and commission-based pricing. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.