Best No Dealing Desk Brokers Guide
Updated May 09, 2021
No Dealing Desk Brokers
Before we discuss No Dealing Desk brokers or the NDD brokers and how to find one of the best for your trading needs, let us understand what exactly the term No Dealing Desk means.
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.
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.
We've collected thousands of datapoints and written a guide to help you find the best No Dealing Desk Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best no dealing desk brokers below. You can go straight to the broker list here.
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.
Dealing Desk brokers are in a conflict of interest as a dealing desk broker also buys and sells securities for its own account as well as on behalf of the customer. There is a risk of price manipulation with Dealing Desk brokers as they may profit from changing the traders bid or ask price on a forex trade.
What are the Types Of No Dealing Desk (NDD) Brokers?
No Deal Desk brokers offer either Straight Through Processing (STP) or Electronic Communication Network (ECN).
- Best Straight Through Processing (STP) Brokers
- Best Electronic Communication Network (ECN)CN Brokers
Benifits of a No Dealing Desk Broker
With No Dealing Desk (NDD) brokers, price manipulation on trades is removed as there is no visibility on the automatic electronic transaction by the liquidity provider.
No Dealing Desk The Good and Bad
Trading in the fast and competitive forex markets using a No Dealing Desk broker has additional benefits to the trader. 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.
The majority of regulated forex brokers offer No Dealing Desk on the execution of trades. Another benefit of using a No Dealing Desk broker is as the execution on forex trades is done using direct interbank market rates; no additional cost is added as you are dealing direct.
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.
Reputable No Dealing Desk Brokers Checklist
There are a number of important factors to consider when picking an online No Dealing Desk trading brokerage.
- Check your No Dealing Desk broker has a history of at least 2 years.
- Check your No Dealing Desk broker has a reasonable sized customer support of at least 15.
- Does the No Dealing Desk broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your No Dealing Desk broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your No Dealing Desk broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your No Dealing Desk can hire people from various locations in the world who can better communicate 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.
Our brokerage comparison table below allows you to compare the below features for brokers offering No Dealing Desk Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below No Dealing Desk Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 No Dealing Desk Brokers of 2021 compared
Here are the top No Dealing Desk Brokers.
Compare No Dealing Desk Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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 |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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FXPrimus
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ThinkMarkets
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NordFX
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Axitrader
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Eightcap
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Australian Securities and Investments Commission (ASIC) |
| Min Deposit | 200 | No minimum deposit | 200 | 1 | 100 | 200 | 100 | No minimum deposit | 1 | No minimum deposit | 100 |
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| Used By | 20,000,000+ | 250,000+ | 180,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 500,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with fxprimus |
Sign
Up with thinkmarkets |
Sign
Up with nordfx |
Sign
Up with axitrader |
Sign
Up with eightcap |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 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. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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. 75.50% 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 | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
eToro Demo |
XTB Demo |
IC Markets Demo |
Roboforex Demo |
FP Markets Demo |
Pepperstone Demo |
FXPrimus Demo |
ThinkMarkets Demo |
NordFX Demo |
Axitrader Demo |
Eightcap Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, IN, PK, BD, NG , ID, BE | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | 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 | No | US, JP | US |
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 2021 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 do No Dealing Desk Brokers need 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 the financial markets with No Dealing Desk Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for No Dealing Desk Brokers is the platform that a No Dealing Desk Brokers offer.
Choose No Dealing Desk Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need No Dealing Desk Brokers that you can rely on.
6 Factors to Consider when Choosing No Dealing Desk Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your No Dealing Desk Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated No Dealing Desk broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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| Year Established | 2007 | 2002 | 2007 | 2009 | 2005 | 2010 |
| Head Office | Cyprus, UK | Poland | Australia | Cyprus | Australia | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 |
| Used By | 20,000,000+ | 250,000+ | 180,000+ | 10,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit Roboforex | Visit FP Markets | Visit Pepperstone |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 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. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 |
Are The No Dealing Desk Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro 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 XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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| Instruments Available | 2000 | 4000 | 232 | 100 | 100 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | 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 | US | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP,US |
| Forex pairs offered | 50 | 57 | 65 | 35 | 60 | 70 |
| Forex pairs offered | 50 | 57 | 65 | 35 | 60 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | No | Yes | Yes |
| Commodities Offered | 31 | 21 | 19 | 21 | 18 | 16 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | Yes | No |
| Stocks Offered | 2042 | 1696 | 110 | 0 | 10000 | 60 |
| UK Shares | Yes | Yes | No | No | Yes | No |
| US Shares | Yes | Yes | Yes | No | Yes | No |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | Yes | No |
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 eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated No Dealing Desk broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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| Min Deposit | 200 | 0 | 200 | 1 | 100 | 200 |
| Withdrawl Fees | Yes | varies | No | Yes | No | No |
| Inactivity Fees | Yes | No | No | No | No | Yes |
| Deposit Fees | No | No | Varies | No | Yes | No |
| CFD Commission Fees | No | Yes | Yes | No | Yes | Yes |
What are the No Dealing Desk Brokers Funding and Withdrawal Methods?
When dealing with No Dealing Desk Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find No Dealing Desk Brokers with Round-the-clock support?
Customer service is very important when dealing with No Dealing Desk Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
No Dealing Desk Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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IC Markets
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Roboforex
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FP Markets
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Pepperstone
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| Support |
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| Languages | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | 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, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |
| Learn More | Visit eToro | Visit XTB | Visit IC Markets | Visit Roboforex | Visit FP Markets | Visit Pepperstone |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 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. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 |
Make sure the No Dealing Desk Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do No Dealing Desk Brokers need to be regulated?
A regulated No Dealing Desk broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
No Dealing Desk brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
No Dealing Desk Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account