Top No Dealing Desk Brokers for 2025
We found 11 online brokers that are appropriate for Trading No Dealing Desk.
Best No Dealing Desk Brokers Guide
Analysis by Andrew Blumer, Updated Last updated - November 23, 2024
No Dealing Desk Brokers
Let us understand what exactly the term No Dealing Desk means.
When a trader or investor is considering opening a Forex trading account, one of the first things that they may look for is a good Forex broker. After all, the Forex market is very large and any good broker will be able to help a trader achieve his or her goals. Forex brokers come in different types, each type offering different services and advantages. A trader may also have specific requirements in order to be able to trade in the Forex market. No matter what type of Forex trader you are, there is a Forex broker out there that can help you meet your trading goals.
These types of brokers are often referred to as 'no deal desk makers'. Because traders have the ability to enter and exit the market at any given moment, these brokers are perfect for those who like to do their own market research. These brokers offer direct access to the market participants without passing through their own trading desk. With real No Dealers Day brokers there are no rebates on orders and no extra pausing during order completion.
FX day trading service brokers make money by providing traders with access to the Forex markets. These Forex brokers will allow traders to enter and exit trades with minimal intervention. Some use automated systems while others let traders place orders themselves through a personal computer. These brokers make money by charging per trade, which means that they profit from every successful trade.
The NDD is a trading platform or software that offers customers unfiltered and direct trading with the interbank rates.
In such an arrangement the Forex brokers who provide such access have no conflict of interest. They get the prices directly from the interbank market and not from the brokers.
Here, NDD brokers earn by pre-defining their fee or commission.
How Does A Dealing Desk Work?
The traditional way of how the dealing desk work is that brokers and banks that deal with cash transactions usually have their own desk that is manned by one or two brokers. This allows them to get all the work done faster and easier, saving them time and reducing the risk of errors. However, with the ever increasing number of computers and the internet, this desk model is now outdated and no longer works for these kinds of transactions. For these types of transactions, a software program is needed. The following are some advantages of using a trading software or a dealing desk.
No Dealers desk software can work in many different ways, and it is very important that the right software is selected for each type of desk. There are software programs that deal with stock dealing, futures trading, and options trading, among others. These are more complicated programs and require more thorough attention to detail and more advanced programming skills. Traders should make sure that they get the right software, which will allow them to make better decisions and carry out more trades at the same time.
Dealers and traders may be more interested in knowing more about the actual function of the software, rather than learning how the program actually works. This is especially true for those who are not familiar with computers or the internet. These people can use online tutorials that show them how the software works. They can also learn from other traders on the web. A trading tutorial is very important for those who are starting to trade or improve their knowledge of the trading market.
Dealers and traders who want to work online should consider investing in a dealer desk that has internet access. Online software will make it easier for them to do things such as order placement and check availability. Some software also allows them to transfer money from one customer to another without using their bank account. This is beneficial if a trader wants to pay for something off his computer rather than transfer it to a bank. Traders should be able to find a software package that fits their trading style. The best package will be customized to meet the specific needs of the trader.
What Is A Dealing Desk Broker?
By definition, a trading desk broker is a sort of financial broker who is taking the other side of a client's trades, from their side by entering the buy and sell orders, fixing the ask and bid prices and then waiting for a client who may be set up to place an order. In other words, a dealing desk performs the function of a go between, taking a slice of the client's profits for themselves. While this is more or less the definition of the modern day Forex trading, let us look deeper into the workings of a trading desk broker.
Now, that we have defined these two types of Forex trading brokerage firms, lets look at how and where to find the best one. As we said earlier, there are many Forex brokers out there to choose from. Some are available through online trading platforms, while others are found offline. Since they each have their own advantages and disadvantages, it is important to research them carefully before making a decision on which broker to use. A good starting point for comparison table when evaluating different brokers is to look at the website for the Better Business Bureau.
Now that you know what a Forex broker is and how it works, it is time to learn more about the different types of Forex brokers. One type that is particularly useful and very popular among traders is the full-service broker. These brokers will handle all aspects of a trade, starting from entry and exit points of a trade to notification of different types of events pertaining to the trade. They also offer support for multiple accounts, which allows the trader to trade across different types of financial markets.
What Does No Dealing Desk Mean?
A desk broker is a salesperson who works for a middleman between the seller and the buyer. Desk brokers are well versed in finding a good deal for their customers because they deal in thousands of deals every day. But what does no dealing desk mean? It means that the desk broker does not carry inventory, receive payment, or process credit cards.
As the seller, you can choose to go with a no dealing desk service to handle your telephone calls, inventory requests, and to even get paid by the customer directly. This lets you focus on other parts of the business. When it comes to the quality of the customer service, you will likely be better off dealing with a third party. Most sellers prefer this arrangement because they are less likely to be cheated or ripped off.
What are No Dealing Desk Brokers
Dealing Desk brokers are like market makers.
They set bid and ask price, create their own liquidity and also take the opposite side of a trade.
While the No Dealing Desk brokers do not create their own liquidity but use external liquidity providers such as the global banks and the prime brokers, which come up with variable spreads.
Under such circumstances, trades are electronically executed at best market price and not at the brokers' price.
In Dealing Desk brokers conflicts of interest could arise resulting in price manipulation, probably more when the market movement is fast like during some surprise geopolitical events or release of pertinent data.
One of the best examples is the UK EU referendum event, Brexit.
NDD brokers overcome such situations and offer traders access to liquidity providers.
They eliminate price manipulation and everything is processed automatically.
Models of NDD Brokers
In the NDD brokers model, clients are offered Either Straight Through Processing (STP) with an Electronic Communication Network (ECN).
STP is offered by the brokers while the ECN remains in place in which two orders interact to find a match.
All the trades are done electronically here and brokers cannot act as a market maker. They are only allowed to charge a small fee from the spread.
NDD Advantages and Disadvantages
There is no time for re-quotes in the NDD system as positions are executed instantly.
NDD brokers pass both negative as well as positive slippage while in the Dealing Desk option brokers passes only negative slippage.
There is no conflict of interest in the No Dealing Desk brokers arrangement as fee or commission is per- defined.
Market Making Brokers
You may come across market making brokers while searching for No Dealing Desk brokers.
They try to stand between you and the interbank market, claiming trades will be fast and efficient.
As they tend to keep the entire spread, they benefit from it. If they are not offering prices far away from that of the interbank rates, a direct conflict of interest may not take place, but usually the opposite happens.
However, many such brokers are now under heavy regulation if their business model is poorly implemented or managed the regulators will quickly put them out of business.The choice is yours whether to opt for NDD brokers or Dealing Desk brokers.
There are pros and cons with both and which to choose will depend largely on your trading strategy. Just make sure your NDD broker is heavily regulated.
What does No Dealing Desk (NDD) Mean?
When traders talk of No Dealing Desk or NDD for short, they are referring to a Forex trading platform offered by Forex brokers.
No Dealing Desk brokers offer access to interbank foreign exchange currency market rates. Interbank refers to transactions arranged between banks.
No Dealing Desk brokers offer STP (Straight Through Processing) execution on Forex trading.
Brokers that support No Dealing Desks remove the middle man and allow traders to trade directly with interbank rates. Traders who use a No Dealing Desk broker are assured that their Forex broker has no conflict of interest as they are dealing directly with interbank rates.
What are Dealing Desk Brokers?
On the other hand, brokers that do offer a dealing desk are market makers. This means Dealing Desk brokers are trading against the customer setting the bid and ask price.
Trading with market market brokers does have its benefits. Market maker (dealing desk) brokers are thought to be quicker and more efficient.
Traders who trade with dealing desk brokers should know that a dealing desk broker buys financial instruments with the aim of making a profit as well as facilitating trades for retail traders. This can be seen as a conflict of interest. There is a chance with some less regulated Dealing Desk brokers that a traders ask or bid price may be manipulated so that the dealing desk broker can capitalise and profit on the trade. This can not happen with No Dealing Desk brokers.
Types Of No Dealing Desk (NDD) Brokers Explained
No Deal Desk brokers offer STP and ECN.
- Best Straight Through Processing (STP) Brokers
- Best Electronic Communication Network (ECN)CN Brokers
No Dealing Desk Broker Benefits
When dealing with NDD brokers, there is no buy or sell price alteration as trades are executed through automatic electronic transaction by the NDD broker.
Pros and Cons of Trading With A No Dealing Desk
Trading with a No Dealing Desk broker has its benefits for traders on very active financial markets. No Dealing Desk (NDD) brokers offer a fair and transparent trading environment allowing the open and honest execution of Forex market trades all over the world.
Most well regulated Forex brokers offer NDD (No Dealing Desk) when executing buy and sell trading orders. No middleman costs are added as traders are dealing direct with interbank rates calculated in miliseconds.
This results in No Dealing Desk trades offering lower Forex spreads.
Please note that your No Dealing Desk broker may ask for a commission or exchange fee. Because you are dealing directly interbank your broker needs to charge otherwise they would recieve nothing for facilitating the transaction.
No Dealing Desk trades are executed instantly interbank. This is great as this is a automated transparent process but this also means that you cannot re-quote your trade.
No Dealing Desk brokers allow both positive and negative slippage. Having both negative and positive slippage evens out the negative slippage. A Dealing Desk market maker broker only has negative slippage.
We have conducted extensive research and analysis on over multiple data points on No Dealing Desk Brokers to present you with a comprehensive guide that can help you find the most suitable No Dealing Desk Brokers. Below we shortlist what we think are the best no dealing desk brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching No Dealing Desk Brokers.
Reputable No Dealing Desk Brokers Checklist
Selecting a reliable and reputable online No Dealing Desk trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade No Dealing Desk more confidently.
Selecting the right online No Dealing Desk trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen No Dealing Desk broker has a solid track record of at least two years in the industry.
- Verify that the No Dealing Desk broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the No Dealing Desk broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the No Dealing Desk broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for No Dealing Desk brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the No Dealing Desk broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of No Dealing Desk Brokers in Our Brokerage Comparison Table
When choosing a broker for no dealing desk trading, it's essential to compare the different options available to you. Our no dealing desk brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each no dealing desk broker.
- The funding methods available for no dealing desk with each broker.
- The types of instruments you can trade with each no dealing desk broker, such as forex, stocks, commodities, and indices.
- The trading platforms each no dealing desk broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each no dealing desk broker affects the cost of trading.
- The level of customer support each no dealing desk broker offers, including their availability, responsiveness, and quality of service.
- Whether each no dealing desk broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a no dealing desk broker that best suits your needs and preferences for no dealing desk. Our no dealing desk broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 No Dealing Desk Brokers of 2025 compared
Here are the top No Dealing Desk Brokers.
Compare no dealing desk brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a no dealing desk broker, it's crucial to compare several factors to choose the right one for your no dealing desk needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are no dealing desk brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more no dealing desk brokers that accept no dealing desk clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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Pepperstone
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FP Markets
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FXPro
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Admiral
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ThinkMarkets
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FXPrimus
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Trading212
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| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | No minimum deposit | 100 | 100 | 1 | 50 | 15 | 1 |
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| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 400,000+ | 200,000+ | 7,800,000+ | 30,000+ | 450,000+ | 300,000+ | 3,000,000+ |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with pepperstone |
Sign
Up with fpmarkets |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
Sign
Up with thinkmarkets |
Sign
Up with fxprimus |
Sign
Up with trading212 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 75-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
FXPrimus Demo |
Trading 212 Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, CA |
All No dealing desk brokers in more detail
You can compare No Dealing Desk Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top No Dealing Desk Brokers for 2025 article further below. You can see it now by clicking here
We have listed top No dealing desk brokers below.
No Dealing Desk Brokers Table of Contents
- No Dealing Desk Brokers Explained
- 6 Factors to Consider when Choosing No Dealing Desk Brokers
- Are Your No Dealing Desk Brokers Trusted And Established?
- Are The No Dealing Desk Brokers World Leading?
- What are the No Dealing Desk Brokers Commissions and Fees?
- What are the No Dealing Desk Brokers Funding and Withdrawl Methods?
- Find No Dealing Desk Brokers with Round-the-clock support?
- Make sure the No Dealing Desk Brokers Offer Comprehensive Trader resources?
- Why No Dealing Desk Brokers needs to be regulated?
- No Dealing Desk Brokers FAQ
- What are the best No dealing desk brokers?
- What is the best No dealing d broker?
- Related No Dealing Desk Brokers Reviews
- Related No Dealing Desk Brokers Alternatives
- Related No Dealing Desk Brokers Comparisons
No Dealing Desk Brokers Explained
Trading volatile financial markets with No Dealing Desk Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by No Dealing Desk Brokers to ensure a successful trading experience.
Selecting No Dealing Desk Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile No Dealing Desk markets effectively.
Reliability is key to gaining access to financial markets. Look for No Dealing Desk Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with No Dealing Desk Brokers confidently.
6 Factors to Consider when Choosing No Dealing Desk Brokers
Follow these five rules for selecting No Dealing Desk Brokers that are right for you:
Are Your No Dealing Desk Brokers Trusted And Established?
Search for a reputable No Dealing Desk Brokers with a extensive proven track record for No Dealing Desk, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated No Dealing Desk broker is IC Markets. Established in 2007, and in operation for 17 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 15 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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eToro
|
XTB
|
Pepperstone
|
FP Markets
|
FXPro
|
Admiral
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|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2010 | 2005 | 2006 | 2001 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Australia | Australia | UK | UK |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
| Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 400,000+ | 200,000+ | 7,800,000+ | 30,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | Yes | No | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit FxPro | Visit Admiral Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 75-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Are The No Dealing Desk Brokers World Leading?
Opt for No Dealing Desk Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for No Dealing Desk Brokers is Roboforex. Roboforex Segregates clients funds and offers over 12000 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
Pepperstone
|
FP Markets
|
FXPro
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 12000 | 6000 | 6000 | 1200 | 10000 | 2100 | 8,000 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MG, MK, MO, UA, JO, KR, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR |
| Forex pairs offered | 61 | 35 | 50 | 57 | 70 | 70 | 70 | 40 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 70 | 70 | 70 | 40 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 16 | 18 | 30 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 1100 | 10000 | 1700 | 64 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the No Dealing Desk Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated No Dealing Desk broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated No Dealing Desk broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
Pepperstone
|
FP Markets
|
FXPro
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 0 | 0 | 100 | 100 | 1 |
| Withdrawl Fees | No | No | Yes | Yes | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | No | Yes | Yes |
| Deposit Fees | No | No | No | No | No | No | No | Varies |
| CFD Commission Fees | Yes | No | Yes | Yes | Yes | Yes | charge commissions on cTrader only | Yes |
What are the No Dealing Desk Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with No Dealing Desk Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with No Dealing Desk Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
Pepperstone
|
FP Markets
|
FXPro
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Skrill | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Payoneer | No | Yes | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find No Dealing Desk Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with No Dealing Desk Brokers.
No Dealing Desk Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by No Dealing Desk Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
Pepperstone
|
FP Markets
|
FXPro
|
Admiral
|
|---|---|---|---|---|---|---|---|---|
| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit FxPro | Visit Admiral Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 75-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Make sure the No Dealing Desk Brokers Offer Comprehensive Trader resources?
It's important to ensure your No Dealing Desk Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with No Dealing Desk Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with No Dealing Desk Brokers.
Why No Dealing Desk Brokers needs to be regulated?
Regulated No Dealing Desk Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated No Dealing Desk Brokers.
Consumers are protected by No Dealing Desk Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of No Dealing Desk Brokers is necessary to prevent fraud. The No Dealing Desk Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with No Dealing Desk Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
No Dealing Desk Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), WindowsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, WebCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits