What is Difference Between Straight Through Processing and Non Dealing Desk Account in CFD?

STP CFD Account vs NDD CFD Account

STP CFDs Accounts

STP CFDs Account stands for STP, the STP CFDs Account cfd brokers will send client orders direct to their CFD Liquidity Provider, the CFD Liquidity Provider is a large bank with deep liquidity to trade on the inter-bank net-work.

An STP CFDs Account provided by an STP cfd broker can either have one CFD Liquidity Provider or many liquidity providers.

The best thing about STP CFDs Accounts is that cfds traders can place their cfds trades immediately with instant execution because they have access to the inter bank markets via their STP cfd trading broker.

STP CFDs Accounts will not charge commissions, but will charge spreads on cfds trades. Because traders have access to the inter-bank markets execution, there is no re quotes on the cfd orders neither any order waiting for execution, order execution is instant.

NDD CFDs Accounts

NDD stand for Non-Dealing Desk cfd execution of orders, these NDD CFDs Account cfds brokers do not implement a dealing desk this makes this type of trade order execution to have less trading restrictions as opposed to the Dealing Desk Execution.

NDD Execution means that trades from the traders account will be executed direct to inter-bank exchange cfds trading market. The orders will be matched with other orders in inter-bank cfd market using the broker Non Dealing Desk order execution model.