What is Dealing Desk XAUUSD Account Meaning?

DD Mini XAUUSD Account

DD XAUUSD Accounts

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

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

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

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