What is the Difference Between NDD and DD CFD Account in CFD?

NDD Account CFD vs DD Account CFD

NDD CFD Accounts

NDD stand for Non-Dealing Desk cfd execution of orders, these NDD CFD Account cfd brokers do not implement a dealing-desk - this makes this type of execution model to have less trading restrictions as opposed to Dealing Desk Execution Model.

NDD Execution means that trades from the traders account will be executed directly to interbank exchange cfds market. The orders will be matched with other orders in inter-bank cfd market using the broker Non Dealing Desk order execution model.

DD CFD Accounts

DD stands for dealing desk, these DD account cfd brokers have a dealing desk model where they can match orders & execute cfd order in the online interbank cfds market.

The cfd trader trading with a DD account will get a lot of requotes.

Dealing Desks will issue cfd traders with a lot of order requotes, meaning cfd prices of orders are not real-time and the broker can requote a cfd trader's order if the cfds price of the cfd market changes quickly enough before the broker's dealing desk places the order online or before they match the order in online inter-bank cfds market.

Dealing Desk accounts therefore means that order execution of cfd orders is not instant & therefore this execution model might mean that orders executed using a DD CFD Account are not executed as quickly as when compared to an ECN trading account or an STP account.