NDD forex brokers have no dealing desk and do not interfere with your trades whatsoever.
They are almost always preferred against brokers with a dealing desk.
Learn more about NDD and which brokers we recommend below.
What are No Dealing Desk (NDD) Brokers?
No Dealing Desk (NDD) broker passes your trades directly for execution to a counterparty without any intervention whatsoever.
A broker without a dealing desk only acts as a middleman between you and the real market.
NDD Brokers will therefore give you access to real prices from the market as opposed to market makers (with dealing desk).
Best NDD Forex Brokers
All the brokers below have no dealing desk and are highly regarded among traders.
Skilling – Best Overall Broker 2022
Skilling is an NDD broker offering more than 900 instruments through Skilling Trader, MT4, and cTrader.
Skilling is regulated by CySEC (1:30 leverage) and the Seychelles FSA (1:500 leverage).
🏆 Best Overall Broker 2022
✅ Up to 1:500 leverage
✅ Skilling Trader, MT4 & cTrader
✅ 900+ instruments
✅ Nordic Fintech
✅ Fast 24/5 customer support
Pepperstone – Best FX Broker 2022
Pepperstone is another NDD broker with more than 300,000 active traders.
Pepperstone is regulated in several tier-1 jurisdictions and offers trading through MT4, MT5, cTrader, and TradingView.
🏆 Best TradingView Broker 2022
✅ 1:30 | 1:400 leverage
✅ MT4, MT5 & cTrader
✅ 1200+ instruments
✅ Raw interbank spreads
✅ Fast 24/5 customer support
NDD STP/ECN Forex Brokers
NDD STP/ECN brokers will be connected to the real forex market and pass your trades directly without any intervention whatsoever.
NDD STP/ECN brokers will give you raw interbank spreads, usually from 0.0 pips, but will charge you a fixed commission per lot traded.
Conclusion
Using a No Dealing Desk (NDD) broker is almost always preferred as involves many benefits for traders.
Choosing one of the NDD brokers above will give you a smooth and excellent trading experience – without any dealing desk intervention.
