What's Dealing Desk XAUUSD Account Meaning?

DD Mini XAUUSD Account

DD XAUUSD Accounts

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

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

Dealing Desks will issue xauusd traders with a lot of order re quotes, meaning gold prices of orders aren't real-time & the broker can requote a xauusd trader's order if the gold 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 inter-bank gold market.

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