pps p asked in Business & FinanceInvesting · 1 decade ago

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.

Thank you.

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