What is Difference Between DD and Market Maker Gold Trading Account?

DD XAUUSD Trading Account vs Market Maker XAUUSD Trading Account

DD Gold Trading Accounts

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

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

Dealing Desks will issue gold traders with a lot of order requotes, meaning xauusd trading prices of orders are not realtime & the broker can requote a gold trader's order if the xauusd trading price of the xauusd market changes quick enough before broker's dealing-desk places the order online or before they match the trade order in online xauusd market.

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

MM Accounts

Market Maker Gold Trading Accounts are gold broker accounts where Market Maker gold brokers have a dealing desk where they can match orders in house without going to the online xauusd market.

Gold Trading orders can also be executed against their traders - meaning the broker can take the opposite side of a traders open trades.

This xauusd trading broker can make the decision to either execute a gold order that is the opposite of a gold trader's order thus if the trader makes a loss the broker makes a profit, & if gold trader makes a profit the broker makes a loss.