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July 9, 2016

Question:Is FXDD a NDD (Non-Dealing Desk) or DD broker?

Answer:

FXDD maintains a risk desk, but not a dealing desk.

The function of the Risk Desk is to insure liquidity from their global liquidity providers and to provide assistance to clients who cannot access their platforms.

FXDD does not intervene in client trades; all trades are executed in FXDD’s back office system. FXDD does not “trade against” its customers.

You can also refer to the execution model of MT4 and make sure that FXDD does not have a dealing desk where trade against clients, as FXDD MT4 adopts Market Execution model to take care of all trades.

FXDD Official Website

What you can trade with FXDD?

With FXDD, you can invest in Forex pairs, Stock Index, Metals, Oils and also Binary Options on MetaTrader4, MetaTrader5 Swordish and Option Trader.

The maximum Leverage is 1:500 for major Forex pairs.

Note the FXDD does not support NBP (Negative Balance Protection).

The average Trading Cost is 0.3 pips with $6 per 1 lot commission.

The above trading conditions are available from $1,000 of minimum deposit.

FXDD has many Positive Reviews over the years, and long time users. It is a reliable broker among hundreds of others.

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