What is the Difference Between Dealing Desk Account and Market Maker BTCUSD Trading Account in Bitcoin Trading?

DD BTCUSD Trading Account Bitcoin Trading vs Market Maker BTCUSD Trading Account Bitcoin Trading

DD BTCUSD Trading Accounts

DD stands for dealing desk, these DD account crypto brokers have a dealing desk execution model where they can match orders & execute bitcoin order in the online bitcoin market.

The bitcoin trader trading with a DD account will get a lot of re-quotes.

Dealing Desks will issue bitcoin traders with a lot of order re quotes, meaning bitcoin trading prices of orders are not real time and the cryptocurrency broker can requote a bitcoin trader's order if the bitcoin trading price of the btcusd market changes quick enough before the broker's dealing desk places the trading order online or before they match the order in online bitcoin market.

Dealing Desk accounts therefore means that order execution of cryptocurrency orders isn't instant and therefore this execution model might mean that orders executed using a DD BTCUSD Account aren't executed as quickly as when compared to an ECN trading account or an STP account.

MM Accounts

Market Maker BTCUSD Trading Accounts are crypto broker accounts where Market Maker crypto brokers have a dealing-desk execution model where they can match orders in-house without going to the online bitcoin market.

Bitcoin Trading orders can also be executed against their traders - meaning the cryptocurrency trading broker can take the opposite side of a bitcoin traders open trades.

This cryptocurrency trading broker can make the decision to either execute a cryptocurrency order that is the opposite of a bitcoin trader's order thus if the trader makes a loss the crypto broker makes a profit, & if the trader makes a profit the broker makes a loss.