What's DD Account in Forex? - What is Dealing Desk Account in Forex?

Types of Forex Trading Accounts DD - DD Cent Account - DD Micro Account - DD Standard Account

DD Accounts

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

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

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

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