What is DD Forex Account Meaning? - What is Dealing Desk Forex Account Meaning?

Forex Account Types DD - DD Micro Account - DD Mini Forex Account - DD Standard Forex Account

DD Forex Accounts

DD stands for dealing desk, these DD forex 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 forex account will get a lot of requotes.

Dealing Desks will issue forex traders with a lot of order requotes, meaning prices of orders are not realtime & 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 trade order in online inter-bank forex trading market.

Dealing Desk accounts therefore means that order execution of forex orders is not instant & therefore this execution model might mean that 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.