No Dealing Desk Broker List
Non-Dealing Desk broker is the opposite of the prior one, Dealing Desk. This type of broker helps traders connected to the interbank market. However, the spread at NDD broker can't be fixed spread as DD, because they need to adjust it according to the price movement. Otherwise, they will ask their clients to pay off the commission per lot.
STP Broker (Straight Through Processing)
STP broker sends an order to their liquidity provider which has interbank market access. This kind of broker uses variable spread or floating spread for traders.
ECN Broker (Electronic Communication Network)
ECN broker helps their client to be straight connected to the ECN market's participants, including banks, hedge funds, brokers, even traders. ECN's clients are also possible to see the DOM (Depth of Market) from other participants. However, this broker usually asks their clients to pay off a large amount of deposit and commission.
|Broker||Regulation||Max Leverage||Min Deposit||General Rating|
CONSOB (Italy) 76
DMCC (Dubai) 31171
FCA (UK) 217689
ISA (Israel) 2
SFC (Hong Kong) AIM232
DFSA (Dubai) F003333
FCA (UK) 509956
FSCA (South Africa) 45052
FSC (Mauritius) C117017252
|IFSC (Belize) IFSC/60/255/TS/13||1:500||$100||Review|
|FCA (UK) 709693||1:200||$100||Review|
DFSA (Dubai) 4
FCA (UK) 562170
SFC (Hong Kong) 3