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Types of Forex Brokers

MAJOR TYPES of Forex Brokers

 
There are two main types of Forex Brokers, Dealing Desk (DD) and No Dealing Desk (NDD) brokers: (I) Dealing Desk Brokers (DD) or Market Makers | (II) No Dealing Desk Brokers (NDD). According to each type, Forex orders and Forex transactions are executed in a different way as it is presented below.

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