DD – Dealing Desk: A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actual market prices at any time. Market makers are always the counterparty of the trader, who doesn’t trade forex theinterbank com trading with the liquidity providers. With a genuine No Dealing Desk broker, there is no requoting of prices, which means that you can trade during economic announcements without any restrictions.
STP – Straight Through Processing: In STP mode, transactions are fully computerised and are immediately processed on the interbank market without any broker intervention. They thereby improve market transparency by providing information to all market participants. ECN brokers usually make their money by charging a commission on the traded volume. An MTF exchange ensures that buyers and sellers of financial instruments can come together according to non-discretionary rules. An MTF is not a regulated exchange, but it operates under the same rules.
MTF rules are transparent and ensure a fair trading system. The broker guarantees price efficiency and the clearing of transactions. Institutional Grade Technology Cutting edge analysis software provides unique insights in to market mechanics and order flows initiated by tier-1 banks, enabling currency speculators to align themselves with the dominant trends. Results Driven Education World class training courses teach and develop the skills required to be able to execute low risk, profitable trades on a consistent basis, using high probability positive expectancy systems. Currency Trading Experts Support from a team of professional instructors with expertise in trading, high performance, and risk taking psychology.