What is Difference Between Dealing Desk Account and Market Maker CFDs Account in CFD?

DD CFD Account vs Market Maker CFD Account

DD CFDs Accounts

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

The cfd trader trading with a DD account will get a lot of requotes.

Dealing Desks will issue cfd traders with a lot of order requotes, meaning cfd prices of orders aren't realtime and the broker can requote a cfd trader's order if the cfd price of the cfd market changes quickly enough before the broker's dealing-desk places the order online or before they match the order in online inter-bank cfd trading market.

Dealing Desk accounts therefore means that order execution of cfd orders is not instant & therefore this execution model may mean that orders executed using a DD CFDs Account are not executed as quickly as when compared to an ECN account or an STP account.

MM Accounts

Market Maker CFDs Accounts are cfd broker accounts where Market Maker cfd brokers have a dealing desk model where they can match the orders in house without going to the interbank cfd trading market.

CFD orders can also be executed against their traders - meaning the broker can take the opposite side of a traders open trades.

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