What is Dealing Desk Account in XAUUSD?

DD Micro Account XAUUSD

DD XAUUSD Accounts

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

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

Dealing Desks will issue xauusd traders with a lot of order re quotes, meaning gold trading prices of orders aren't real-time & the broker can requote a xauusd trader's order if the gold trading price of the xauusd market changes quickly enough before broker's dealing-desk places the order online or before they match the order in online inter-bank gold market.

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