Difference between STP broker & dealing desk brokers?
Dear Fx traders,
I still did not know exactly what is the difference between STP ( Which is a NDD) and dealing desk brokers(market makers).
I also heard STP brokers most of the times acts as a market market instead of allowing clients dealing straight with Interbanks.
So, It is hard for me distinguish between STP and dealing desk broker.
I know, dealing desk brokers (Market makers) always offer fixed spread.
Now, based on this, Can i come to conclusion, Brokers who does not offer fixed spreads are definitely Not market maker???/Am i correct ? or there is also possibility for STP brokers to offer fixed spread sometimes???
Please answer my question clearly as simple you can.
Please type as simple as you can and clearly.
- .Lv 61 decade agoFavorite Answer