What's DD Forex Account Explained? - What is Dealing Desk Forex Account Described?

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DD Forex Accounts

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

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

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

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