Top 8: No Dealing Desk (NDD) Forex Brokers

See our selection of the best forex brokers with no dealing desk:No-Dealing-Desk-Brokers-snippet-image

FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone
Our Rating
8
8.83
8.17
7.46
9.17
Fastest Limit Order Speed
77% of retail investor accounts lose money when trading CFDs with IC Markets (EU) Ltd
Lowest Commissions
80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Regulations and Licenses

Feature
FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone
ASIC (Australia)
FCA (UK)
MAS (Singapore)
CFTC (U.S.A)
FSCA (South Africa)
Pending
FINMA (Switzerland)
CYSEC (Cypus)
IIROC (Canada)
FMA (New Zealand)
Dubai (DFSA)

Brokerage

Feature
FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone
EUR/USD Avg. Raw Spread
0.10
0.1 Raw Account
0.12
0.37
0.16
GBP/USD Avg. Raw Spread
0.20
0.4 Raw Account
0.59
1.02
0.4
AUD/USD Avg. Raw Spread
0.20
0.2 Raw Account
0.22
0.87
0.27
EUR/USD Standard Spread
1.20
1.1
1.58
1.16
EUR/USD Fixed Spreads
1.71
Commissions (USD Base)
$3.00
$3.50
$4.50
USD$0.45 (cTrader)
AUD/USD$3.50
Commission Rebates
Minimum Deposit
$100
USD $200
$0
$500 Recommended
AUD/USD $200
Swap Free Account
No Inactivity Fees
Funding Methods
8
15
5
4
16
No Funding Fees

Markets and Instruments

Feature
FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone
Currency Pairs
61+
65+
90+
70+
66+
Cryptocurrency CFDs
5+
10+
5+
4+
Index CFDs
14+
16+
10+
24+
14+
Share CFDs
12,986+
100+
150+
63+
Commodities CFD
4+
19+
16+
10+
4+
Stockbroking
Retail Max. Leverage
500:1
30:1 (Cysec)
500:1 (ASIC/International)
500:1
30:1 FXProGLobal Markets
500:1 FXPro Financial Services
30:1 (FCA)
500:1 (ASIC)
50:1 (DFSA)
Professional Leverage
500:1
500:1
500:1
500:1
500:1

Trading Platforms + Tools

Feature
FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
ASIC Only
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
Cysec Regulation Only
ESMA regulated territories only

only with FCA regulation
Demo Account
Unique Feature 1
Fastest Limit Order Execution Speed
ECN pricing
Industry low commission fees
1,300,000 client accounts
Smart Trader Tools
Unique Feature 2
IRESS Trading Platform
No funding fees
Commission Account
Spread Only Accounts
Avg execution time 11.06 ms
Fast Execution Speed

Overall

FP Markets
IC Markets
Fusion Markets
FxPro
Pepperstone