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Comparison of overseas forex brokers

List of NDD (No Dealing Desk) overseas forex brokers! Who are they recommended for? Which brokers are scams?

Posted by: MoneyChat Editorial Department

I want to know about overseas forex brokers that use the NDD (No Dealing Desk) system

I want to know if the NDD method is right for me

I'm sure there are people who think that way

The NDD (No Dealing Desk) system is adopted by many overseas forex brokers, and it is characterized by the fact that many brokers offer significant advantages in trading

However, since many overseas forex brokers use this method, you might be wondering which overseas forex broker to choose

Therefore, this article will introduce a list of overseas forex brokers that use the NDD (No Dealing Desk) system

We will also explain who the NDD method is recommended for, as well as fraudulent companies and recommended companies, so please refer to this information

are strongly encouraged to read this complete guide for overseas forex trading beginners

Contents

What is the NDD method for overseas forex trading?

The NDD (No Dealing Desk) method used in overseas forex trading is a trading method where orders from traders are routed directly to the interbank market .

Interbank market: A market in which institutional investors such as FX brokers and banks participate

Most overseas forex brokers use the NDD (No Dealing Desk) system

Here, we will explain the following topics in detail

  1. What is the NDD method for overseas forex trading?
  2. Differences between domestic and overseas forex trading

Those planning to use NDD-style overseas forex trading should definitely refer to this information

What is the NDD method for overseas forex trading?

NDD stands for "No Dealing Desk," and a trading method in which FX brokers do not intervene between traders and the foreign exchange market when placing trade orders .

In the NDD (No Dealing Desk) system, traders an LP (Liquidity Provider) to execute trades.

LP (Liquidity Provider): A company or institution that plays a role in facilitating transactions in the FX market (interbank market), and is the source of exchange rate data

Based on the rates provided by the LP (Licensing Partner), the FX broker then presents the trading rates to the trader

The main institutions are as follows:

Major LP institutions

・Dukascopyrn・PrimeXMrn・Barclaysrn・UBSrn・CurreneXrn・CitiFX Prorn・Credit Suisse

The NDD (No Dealing Desk) system is characterized by its high level of transparency, as traders' transactions are directly routed to the market .

Many overseas forex brokers use the NDD (No Dealing Desk) system

Therefore, for those who want to trade using the NDD (No Dealing Desk) method, we recommend using an overseas forex broker

Differences between domestic and overseas forex trading

Overseas forex brokers tend to use the NDD (No Dealing Desk) system, while domestic forex brokers tend to use the DD (Dealing Desk) system.

DD method: Short for "Dealing Desk," this is a trading method where traders and FX brokers conduct transactions. Traders place orders with FX brokers, and the FX brokers then forward the orders to the interbank market

The DD (Dealing Desk) system may have restrictions on scalping, making it unsuitable for highly flexible trading

For those who want a high degree of trading flexibility, we recommend using an overseas forex broker that employs the NDD (No Dealing Desk) system

Is the NDD (No Dealing Desk) system used by overseas forex brokers potentially a lie?

Some overseas forex brokers may claim to use the NDD (No Dealing Desk) system, but in reality, they may be lying and actually using the DD (Dealing Desk) system.

There are two ways in which overseas forex brokers lie about using the NDD (No Dealing Desk) system:

  1. They are lying about it being an NDD system
  2. We use either the NDD (Non-Desktop) or DD (Direct Drive) method depending on the conditions

If you are using different methods depending on the conditions, it is important to understand those conditions, as this allows you to use the NDD method

Each of these will be explained in detail below

They are lying about it being an NDD system

Some overseas forex brokers may be lying about using the NDD (No Dealing Desk) system

The leverage offered by overseas forex brokers connected to LPs is typically 100 to 200 times, and at most 500 times .

there are very few LPs that will connect you with leverage exceeding 1000x , brokers offering leverage of 1000x or more are likely using a DD (Dealing Desk) system.

Since it's impossible to know whether an overseas forex broker uses an NDD (No Dealing Desk) system without looking into the broker's internal workings, there's no way for users to definitively determine this.

To avoid using unscrupulous brokers, be sure to use reliable overseas forex brokers that hold a financial license

We use either the NDD (Non-Desktop) or DD (Direct Drive) method depending on the conditions

Some overseas forex brokers use either the NDD (Non-Dealing Desk) or DD (Dealing Desk) method depending on the conditions.

Overseas forex brokers that offer a maximum leverage of 1000 times or more may use either the NDD (No Dealing Desk) or DD (Dealing Desk) method depending on the account

Examples of using different trading methods depending on the account are as follows:

Examples of using different transaction methods

- Accounts with a maximum leverage of 1000x use the DD (Dealing Desk) system. - Accounts with a maximum leverage of 500x use the NDD (No Dealing Desk) system

Furthermore, even with high-leverage DD (Dealing Desk) accounts, some brokers change the leverage ratio and method depending on the account balance, as shown below

<Examples where the method changes depending on the account balance>

Account balanceLeverage ratioOrdering method
$1000~1000 timesDD method
$200~$999200 timesNDD method

Even if an overseas forex broker claims to use the NDD (No Dealing Desk) system, be aware that the actual conditions may vary

List of overseas forex brokers using the NDD (Non-Dealing Desk) system

The following are overseas forex brokers that use the NDD (No Dealing Desk) system

  1. XMTrading
  2. HFM
  3. Land Prime
  4. Exdefine
  5. FxPro
  6. Monaxa
  7. IS6FX
  8. JadeFOREX
  9. Axi
  10. VT Markets
  11. Three Trader
  12. BigBoss
  13. Swift Trader
  14. Vantage Trading
  15. Traders Trust
  16. FXGT
  17. AXIORY
  18. TitanFX
  19. FBS
  20. Tradeview

We will explain the characteristics of each in an easy-to-understand way

Based on the information provided on their website, and taking into account factors such as leverage, we recommend brokers that are highly likely to be NDD (Non-Dealing Desk)

XMTrading | All accounts are listed as NDD (Non-Dealing Desk) on their website

XMTrading
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StandardMicroKIWAMIzero
Maximum leverage1,000 times1,000 times1,000 times500 times
Trading unit100,0001,000100,000100,000
Transaction fees$5/Lot (one way)
Minimum initial deposit$5$5$5$5
Min/Max Lot number0.01/500.01/100 (MT4)
0.1/100 (MT5)
0.01/500.01/50
Margin Call50%50%50%50%
Stop-loss20%20%20%20%
Trading ToolsMT4/MT5/AppMT4/MT5/AppMT4/MT5/AppMT4/MT5/App
Trading stocksFX currency pairs,
stock indices,
precious metals,
commodities
, energy,
and
cryptocurrencies
FX currency pairs,
stock indices,
precious metals,
commodities
, energy,
and
cryptocurrencies
FX currency pairs,
stock indices,
precious metals,
commodities
, energy,
and
cryptocurrencies
FX currency pairs,
stock indices,
precious metals,
commodities
, energy,
stocks
bonus

XMTrading uses the NDD (No Dealing Desk) method for all the accounts it offers

Additionally, all accounts have a maximum leverage limit based on the account balance

When trading with a maximum leverage of 1000x, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

HFM | All accounts are listed as NDD (Non-Dealing Desk) on their website

HFM
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CENTCryptocurrency CFDsZEROPROPREMIUMTop-up
bonus
Maximum leverage2,000 times1,000 times2,000 times2,000 times2,000 times1,000 times
Trading unit1,000100,000100,000100,00010,000
Transaction fees$5/Lot (one way)
Minimum initial deposit$0$0$0$100$0$0
Min/Max Lot number0.01/2000.01/Unlimited0.01/600.01/600.01/600.01/60
Margin Call50%50%50%50%50%50%
Stop-loss20%0%20%20%20%20%
Trading ToolsMT5/MT4MT5MT5/MT4MT5/MT4MT5/MT4MT5/MT4
Trading stocksFX currency pairs,
precious metals
cryptocurrencyFX currency pairs,
precious metals,
stocks,
bonds
, stock indexes,
energy
commodities
cryptocurrencies,
ETFs
FX currency pairs,
precious metals,
stocks,
bonds
, stock indexes,
energy
commodities
cryptocurrencies,
ETFs
FX currency pairs,
precious metals,
stocks,
bonds
, stock indexes,
energy
commodities
cryptocurrencies,
ETFs
FX currency pairs,
precious metals,
stocks,
bonds
, stock indexes,
energy
commodities
cryptocurrencies,
ETFs

HFM uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

Land Prime | All accounts are listed as NDD (Non-Dealing Desk) on their website

Scroll to the right
PrimeStandardECNIslamic
Maximum leverageUnlimited3,000 timesUnlimitedUnlimited
Trading unit100,000100,000100,000100,000
Transaction fees0.3 pips/lot (one way)
Minimum initial deposit1,000 yen30,000 yen100,000 yen1,000 yen
Min/Max Lot number0.01/1000.01/1000.1/1000.1/100
Margin Call30%30%50%30%
Stop-loss0%0%30%0%
Trading ToolsMT4/MT5MT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs,
commodities,
stock index,
stocks
FX currency pairs,
commodities,
stock index,
stocks
FX currency pairs
commodities
FX currency pairs,
commodities,
stock index,
stocks

Land Prime uses the NDD (Non-Dealing Desk) method for all of its accounts

However, each account has a maximum leverage limit based on its effective margin

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be careful about your effective margin

Exness | All accounts are listed as NDD (Non-Dealing Desk) on their website

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StandardStandard ScentRoast Spreadzeroprofessional
Maximum leverageUnlimited (effectively 2.1 billion times)Unlimited (effectively 2.1 billion times)Unlimited (effectively 2.1 billion times)Unlimited (effectively 2.1 billion times)Unlimited (effectively 2.1 billion times)
Trading unit100,0001,000100,000100,000100,000
Minimum initial deposit$10 equivalent$10 equivalent$1,000 equivalent$1,000 equivalent$1,000 equivalent
Transaction feesMaximum $3.50/Lot
(one way)
Minimum $0.20/Lot
(one way)
Min/Max Lot number0.01/2000.01 cents /
200 cents
0.01/2000.01/2000.01/200
Margin Call60%60%30%30%30%
Stop-loss0%0%0%0%0%
Trading ToolsMT4/MT5MT4MT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs
stock index
precious metals
energy

stocks cryptocurrencies
FX currency pairs,
precious metals
FX currency pairs
stock index
precious metals
energy

stocks cryptocurrencies
FX currency pairs
stock index
precious metals
energy

stocks cryptocurrencies
FX currency pairs
stock index
precious metals
energy

stocks cryptocurrencies

Exness uses the NDD (Non-Dealing Desk) method for all the accounts it offers

However, each account has a maximum leverage limit based on the margin deposited

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be careful with your margin

FxPro | All accounts are NDD (No Dealing Desk) as stated on their website

Scroll to the right
Standard MT4/5Raw+ MT4/5Elite MT4/5
Maximum leverage200 times200 times200 times
Trading unit100,0001,000100,000
Minimum initial deposit$100$1000$10,000
Transaction fees$3.50/Lot (one way)$3.50/Lot (one way)
Min/Max Lot number0.01/1000.01/1000.01/100
Margin Call60%60%60%
Stop-loss50%50%50%
Trading ToolsMT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs,
stock indices,
precious metals,
energy
, stocks (MT5),
cryptocurrencies
FX currency pairs,
stock indices,
precious metals,
energy
, stocks (MT5),
cryptocurrencies
FX currency pairs,
stock indices,
precious metals,
energy
, stocks (MT5),
cryptocurrencies

FxPro uses the NDD (No Dealing Desk) method for all of its accounts

However, there is a maximum leverage limit set for each lot

When trading with leverage exceeding 1000x, it's possible that a DD (Dealing Desk) system is in place, so we recommend adjusting the maximum leverage by changing the lot size

Monaxa | ECN accounts are listed as NDD (Non-Dealing Desk) on their website

Monaxa
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STANDARDPROZERO (ECN)CENT
Maximum leverage2,000 times2,000 times500 times1,000 times
Trading unit100,000100,000100,0001,000
Transaction fees$3/Lot (one way)
Minimum initial deposit$15$50$200$15
Min/Max Lot number0.01/1000.01/1000.01/1000.1/100
Margin Call50%50%50%50%
Stop-loss20%20%20%20%
Trading ToolsMT4/MT5/cTraderMT4/MT5/cTraderMT4/MT5/cTraderMT4/MT5/cTrader
Trading stocksFX currency pairs,
stock indices,
precious metals,
energy
stocks
, cryptocurrencies,
futures trading
FX currency pairs,
stock indices,
precious metals,
energy
stocks
, cryptocurrencies,
futures trading
FX currency pairs,
stock indices,
precious metals,
energy
stocks
, cryptocurrencies,
futures trading
FX currency pairs,
precious metals

Among the accounts offered by Monaxa uses the NDD (No Dealing Desk) method.

The maximum leverage is 500 times, so it seems this is not a lie

However, other account types are not mentioned, and the maximum leverage is between 1000x and 2000x, so it is possible that it uses a DD (Dealing Desk) system

IS6FX | HP states that it uses the NDD (Non-Desktop) method

IS6FX
Scroll to the right
MicroStandardProZeroLeverage
6666x
Leverage
2000x
EXCrypto
Maximum leverage1,000 times1,000 times1,000 times6,666 times2,000 times1,000 times1,000 times
Trading unit1,000100,000100,000100,000100,000100,000100,000
Transaction fees$5/Lot (one way)
Minimum initial deposit5,000 yen5,000 yen20,000 yen20,000 yen5,000 yen5,000 yen5,000 yen
Min/Max Lot number0.05/1000.01/300.01/500.01/300.01/300.01/300.01/30
Margin Call50%50%50%50%50%50%50%
Stop-loss20%20%10%20%20%20%20%
Trading ToolsMT5/MT4MT5MT5/MT4MT5/MT4MT5MT5/MT4MT5
Trading stocksFX currency pairs,
precious metals,
stock indexes,
energy,
stocks
FX currency pairs,
precious metals,
stock indexes,
energy,
stocks
FX currency pairs,
precious metals,
stock index,
energy
FX currency pairs,
precious metals,
stock index,
energy
FX currency pairs,
precious metals
FX currency pairs,
precious metals,
stock indexes,
energy,
stocks
FX currency pairs,
precious metals,
stock indices,
energy stocks,
and
cryptocurrencies
bonusSome

The IS6FX uses the NDD (Non-Desktop) method

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

JadeFOREX | All accounts are listed as NDD (Non-Dealing Desk) on their website

JadeFOREX
StandardRoast Spread
Maximum leverage200 times200 times
Trading unit100,000100,000
Transaction fees$5/Lot
(one way)
Minimum initial deposit$50$50
Min/Max Lot number0.01/300.01/30
Margin CallYou can configure it yourselfYou can configure it yourself
Stop-loss50%50%
Trading ToolscTradercTrader
Trading stocksFX currency pairs,
precious metals,
energy
, cryptocurrencies,
stock indices
FX currency pairs

JadeFOREX uses the NDD (No Dealing Desk) method for all accounts it offers

Each of these has a maximum leverage of 200x, making them highly reliable

A key feature is that you can set your own margin calls, making it easier to manage your margin

Axi | All accounts are listed as NDD (Non-Dealing Desk) on their website

Axi
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Standardpremiumelite
Maximum leverage1,000 times1,000 times1,000 times
Trading unit100,000100,000100,000
Transaction fees$7/Lot (round trip)$3.50/Lot (round trip)
Minimum initial depositNo settings$500Total of $25,000
Min/Max Lot number0.01/1000.01/1000.01/100
Margin Call100%100%100%
Stop-loss20%0%0%
Trading ToolsMT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs,
precious metals,
crypto assets,
stocks
and commodities
indices
FX currency pairs,
precious metals,
crypto assets,
stocks
and commodities
indices
FX currency pairs,
precious metals,
crypto assets,
stocks
and commodities
indices

Axi uses the NDD (No Dealing Desk) method for all accounts it offers .

However, there is a maximum leverage limit set for each lot

When trading with leverage exceeding 1000x, it's possible that a DD (Dealing Desk) system is in place, so we recommend adjusting the maximum leverage by changing the lot size

VT Markets | All accounts are listed as NDD (Non-Dealing Desk) on their website

VT Markets
Standard STPRAW ECN
Maximum leverage1,000 times1,000 times
Trading unit100,000100,000
Transaction fees$6/Lot
(round trip)
Minimum initial deposit$100$100
Min/Max Lot number0.01/2000.01/200
Margin Call80%80%
Stop-loss20%50%
Trading ToolsMT4/MT5MT4/MT5
Trading stocksFX currency pairs,
stock indices,
energy,
precious metals,
commodities,
ETFs,
CFDs
FX currency pairs,
stock indices,
energy,
precious metals,
commodities,
ETFs,
CFDs

VT Markets uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

Three Trader | All accounts are NDD (Non-Dealing Desk) as stated on their website

Three Trader
Raw ZeroPure Spread
Maximum leverage1,000 times1,000 times
Trading unit100,000100,000
Transaction fees$4/Lot
(round trip)
Minimum initial deposit$1,000$100
Min/Max Lot number0.01/800.01/80
Margin Call80%80%
Stop-loss20%20%
Trading ToolsMT4/MT5MT4/MT5
Trading stocksFX currency pairs
CFD
precious
metals stock index
crude oil
cryptocurrency
FX currency pairs
CFD
precious
metals stock index
crude oil
cryptocurrency

Three Trader uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit based on its effective margin

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be careful about your effective margin

BigBoss | All accounts are listed as NDD (Non-Dealing Desk) on their website

BigBoss
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DeluxeStandardProspread
Maximum leverage2,222 times1,111 times1,111 times
Trading unit100,000100,000100,000
Transaction fees$2.50/Lot (one way)$4.50/Lot (one way)
Minimum initial depositNo settingsNo settingsNo settings
Min/Max Lot number0.01/500.01/500.01/50
Margin Call50%50%50%
Stop-loss0%20%20%
Trading ToolsMT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs,
precious metals,
commodities
, stock indices
, and cryptocurrencies
FX currency pairs,
precious metals,
commodities
, stock indices
, and cryptocurrencies
FX currency pairs

BigBoss uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

Swift Trader | All accounts are listed as NDD (Non-Dealing Desk) on their website

Swift Trader
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StandardminiMicroprofessionalECN
Maximum leverage1,000 times1,000 times1,000 times1,000 times1,000 times
Trading unit100,00010,0001,000100,000100,000
Transaction fees$6/Lot (round trip)
Minimum initial deposit$10$10$10$10$10
Min/Max Lot number0.01/1000.01/1000.01/1000.01/1000.01/100
Margin Call80%80%80%80%80%
Stop-loss20%20%20%20%20%
Trading Tools MT5 MT5 MT5 MT5MT5
Trading stocksFX currency pairs,
crypto assets,
commodities
, stock indices
FX currency pairsFX currency pairsFX currency pairs,
crypto assets,
commodities
, stock indices
FX currency pairs,
crypto assets,
commodities
, stock indices
bonus

Swift Trader uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit based on its effective margin

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be careful about your effective margin

Vantage Trading | All accounts are NDD (No Dealing Desk) as stated on their website

Vintage Type
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STANDARDECNPREMIUM
Maximum leverage1,000 times1,000 times2,000 times
Trading unit100,000100,000100,000
Transaction fees$6/Lot (round trip)
Minimum initial deposit$50$50$3,000
Min/Max Lot number0.01/2000.01/2000.01/200
Margin Call50%50%30%
Stop-loss10%10%0%
Trading ToolsMT4/MT5/AppMT4/MT5/AppMT4/MT5/App
Trading stocksFX currency pairs,
crypto assets,
precious
metals,
, stock indices
, commodities,
ETFs,
individual stocks
, bonds
FX currency pairs,
crypto assets,
precious
metals,
, stock indices
, commodities,
ETFs,
individual stocks
, bonds
FX currency pairs,
crypto assets,
precious
metals,
, stock indices
, commodities,
ETFs,
individual stocks
, bonds
bonus

Vantage Trading uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

TradersTrust | All accounts are NDD (Non-Dealing Desk) as stated on their website

TradersTrust
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ClassicalprofessionalVIP
Maximum leverage3,000 times3,000 times3,000 times
Trading unit100,000100,000100,000
Transaction fees$3.50/Lot (one way)$1.50/Lot (one way)
Minimum initial deposit5,000 yen50,000 yen500,000 yen
Min/Max Lot number0.01/1,0000.01/1,0000.01/1,000
Margin Call50%50%50%
Stop-loss20%20%20%
Trading ToolsMT4/cTrader/WebTraderMT4/cTrader/WebTraderMT4/cTrader/WebTrader
Trading stocksFX currency pairs,
precious metals,
stock indexes,
crude oil,
cryptocurrencies
, stocks
FX currency pairs,
precious metals,
stock indexes,
crude oil,
cryptocurrencies
, stocks
FX currency pairs,
precious metals,
stock indexes,
crude oil,
cryptocurrencies
, stocks

TradersTrust uses the NDD (No Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that is determined based on the account balance and lot size

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be careful with your account balance and lot size

FXGT | All accounts are listed as NDD (No Dealing Desk) on their website.

FXGT
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OptimusPROECN ZeroStandard+Crypto MaxMini
Maximum leverage5,000 times1,000 times1,000 times1,000 times500 times1,000 times
Trading unit100,000100,000100,000100,000110,000
Transaction fees$6 round trip/lot
Minimum initial deposit$10$50$100$10$5$5
Min/Max Lot number0.01/1000.01/600.01/1200.01/50Need confirmation0.01/200
Margin Call50%50%70%50%70%50%
Stop-loss0%20%40%20%40%20%
Trading ToolsMT5MT5/MT4MT5/MT4MT5/MT4MT5/MT4MT5/MT4
Trading stocksFX currency pairs,
stock indices,
metals,
energy stocks
crypto
assets
, GTi12 index
FX currency pairs,
stock indices,
metals,
energy

, stocks,
crypto , synthetic crypto assets,
GTi12 index
, DeFi tokens
, NFTs
FX currency pairs,
stock indices,
metals,
energy stocks
crypto
assets,
synthetic crypto assets,
GTi12 index
FX currency pairs,
stock indices,
metals,
energy stocks
crypto
assets,
synthetic crypto assets,
GTi12 index
Cryptocurrency
Synthetic Cryptocurrency
GTi12 Index
FX currency pairs,
stock indices,
metals,
energy stocks
crypto
assets
, GTi12 index
bonus

FXGT uses the NDD (No Dealing Desk) method for all accounts it offers

However, the maximum leverage is determined for each account based on the balance of effective margin

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your effective margin balance

FXGT is recommended for those who want to receive many bonuses and trade FX profitably

AXIORY | All accounts are listed as NDD (Non-Dealing Desk) on their website.

AXIORY
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zeroMaxStandardnanoTerra
Maximum leverage1,000 times2,000 times1,000 times1,000 times1,000 times
Trading unit100,000100,000100,000100,000100,000
Transaction fees$3/Lot (one way)$3/Lot (one way)
Minimum initial deposit1,100 yen1,100 yen1,100 yen1,100 yen1,100 yen
Min/Max Lot number0.01/1,0000.01/1,0000.01/1,0000.01/1,0000.01/1,000
Margin Call50%50%50%50%50%
Stop-loss20%20%20%20%20%
Trading ToolsMT4/MT5/cTraderMT4/cTraderMT4/cTraderMT4/cTraderMT5
Trading stocksFX currency pairsFX currency pairs,
stocks
, stock indices,
energy
precious metals
battle
FX currency pairs,
stocks
, stock indexes,
energy,
precious metals
FX currency pairs,
stocks
, stock indices,
energy
precious metals
battle
FX currency pairs,
stocks
, stock indices,
energy
precious metals
battle

AXIORY uses the NDD (Non-Dealing Desk) method for all accounts it offers

However, each account has a maximum leverage limit that varies depending on the trading product and instrument

When trading with leverage exceeding 1000 times, the transaction may be conducted using a DD (Dealing Desk) system, so be careful about the products and securities you trade

TitanFX | All accounts are listed as NDD (Non-Dealing Desk) on their website.

TitanFX
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STANDARDBLADEMICRO
Maximum leverage500 times500 times1,000 times
Trading unit100,000100,0001,000
Transaction fees$3.50/Lot (one way)
Minimum initial depositNo settingsNo settingsNo settings
Min/Max Lot number0.01/1000.01/1000.01/100
Margin Call90%90%90%
Stop-loss20%20%20%
Trading ToolsMT4/MT5MT4/MT5MT4/MT5
Trading stocksFX currency pairs,
commodities
, stock indices,
cryptocurrencies,
stocks
FX currency pairs,
commodities
, stock indices,
cryptocurrencies,
stocks
FX currency pairs,
commodities
, cryptocurrencies

Titan FX uses the NDD (No Dealing Desk) method for all of its accounts

Furthermore, there are no restrictions that would lower the maximum leverage for each account

When trading with leverage exceeding 1000 times, MICRO accounts may use a DD (Dealing Desk) system, so caution is advised

FBS | All accounts are listed as NDD (Non-Dealing Desk) on their website.

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SaintStandardZero SpreadMicroECN
Maximum leverage1000 times3000 times3000 times3000 times500 times
Trading unit1,000100,000100,000100,000100,000
Transaction fees$20$6/lot (one way)
Minimum initial deposit$1$100$500$5$1000
Min/Max Lot number0.01/10000.01/5000.01/5000.01/5000.1/500
Margin Call40%40%40%40%40%
Stop-loss20%20%20%20%20%
Trading ToolsMT4/MT5MT4/MT5MT4MT4MT4
Trading stocksFX currency pairs
commodities
stocks
FX currency pairs
commodities
stocks
FX currency pairs
commodities
stocks
FX currency pairs
commodities
stocks
FX currency pairs
commodities
stocks

FBS uses it offers

However, each account has a maximum leverage limit that depends on the account balance

When trading with leverage exceeding 1000 times, the system may be using a DD (Dealing Desk) method, so be sure to pay attention to your account balance

Tradeview | All accounts are listed as NDD (Non-Dealing Desk) on their website.

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X LeverageICLcTrader
Maximum leverage500 times200 times400 times
Trading unit100,000100,0001,000
Transaction fees$5/Lot (round trip)$5/Lot (round trip)
Minimum initial deposit$100$1,000$1,000
Min/Max Lot number0.01/Unlimited0.1/Unlimited0.01/Unlimited
Margin Call
Stop-loss100%100%100%
Trading ToolsMT4/MT5MT4/MT5cTrader
Trading stocksFX currency pairs,
precious metals
, stock indices
, ETFs,
cryptocurrencies
FX currency pairs,
precious metals
, stock indices
, ETFs,
cryptocurrencies
FX currency pairs,
precious metals
, stock indices
, ETFs,
cryptocurrencies

Tradeview uses it offers

Additionally, while the maximum leverage varies depending on the account, it is set at 500x, making the NDD (No Dealing Desk) system highly reliable

The stop-loss level is 100%, which is higher than other overseas forex brokers, and there are no margin calls, so you need to be careful not to get stopped out while trading

Three recommended overseas forex brokers with a high probability of using the NDD (No Dealing Desk) system

As mentioned above, there are many overseas forex brokers that use the NDD (No Dealing Desk) system

Because there are many options, here introduce three highly recommended overseas forex brokers that use the NDD (No Dealing Desk) method .

The recommended overseas forex brokers are as follows:

  1. FxPro
  2. TitanFX
  3. JadeFOREX

Each of these will be explained below

You can also check out highly-rated and recommended brokers our ranking of popular and reputable overseas forex brokers

FxPro

FxPro was founded in 2006 and has nearly 20 years of history. It holds five financial licenses, making it a highly secure overseas forex broker.

cTrader is specialized for short-term trading , available on all accounts. Its zero minimum spread makes it ideal for scalping

over 2000 tradable instruments and a zero-cut system , this overseas forex broker is popular with both beginners and advanced traders.

Furthermore, you can trade with peace of mind thanks to our Japanese-language customer support

This overseas forex broker is highly recommended for those who want a high level of security and the ability to trade a wide variety of instruments

TitanFX

TitanFX is an overseas forex broker characterized by its high-speed execution via fiber optic connection and ECN network.

While the maximum leverage is 500x, which is lower than other overseas forex brokers, there are no leverage restrictions, so you can trade at 500x leverage at any time.

Furthermore, the narrow spreads make it a good fit for traders who engage in scalping .

Even in the unlikely event of an emergency, you can trade with peace of mind knowing that we have comprehensive support available 24 hours a day, 7 days a week

JadeFOREX

JadeFOREX is an overseas forex broker characterized by its narrow spreads and low trading fees .

We use cTrader, which is specialized for short-term trading

However, while the maximum leverage is relatively low at 200x, it is a trustworthy overseas forex broker because it employs the NDD (No Dealing Desk) system

Furthermore, multilingual support is available, making it easy for beginners to use and trade with peace of mind

NDD-style overseas forex brokers are recommended for these types of people

NDD (No Dealing Desk) overseas forex brokers are recommended for the following people:

I will explain them in order

I want to reduce lag and trade without stress

If there is a lag in the transaction, you may not be able to execute your order at the time you want, which could result in significant losses

The NDD (Non-Dealing Desk) method routes orders directly to the interbank market, resulting in faster order execution compared to the DD (Dealing Desk) method

For those who want to reduce the lag between orders and execute trades quickly, NDD-style overseas forex brokers are recommended

I have some suspicions about the FX broker

Most overseas forex brokers use the NDD (No Dealing Desk) system. This is because the NDD system offers greater transparency and more reliable execution than the DD (Dealing Desk) system used by domestic forex brokers

On the other hand, the DD (Dealing Desk) method lacks transparency, and there is no guarantee that orders will be executed

In NDD (No Dealing Desk) overseas forex trading, orders are routed directly to internet banks for execution, resulting in high execution speed and transparency

I want to do scalping trading

Scalping is a trading method that involves repeatedly buying and selling within seconds or minutes to accumulate small profits. It is a recommended method for those who want to aim for large profits in a short time, but it will be difficult to make a profit with the DD (Dealing Desk) system, which takes time for trades to be executed.

On the other hand, with NDD-style overseas forex trading, orders are often executed within one second, making it possible to aim for profits through scalping .

If you're doing scalping with overseas forex brokers, be sure to check out recommended accounts and tips for scalping

I want to use automated trading

The NDD (No Dealing Desk) method is also recommended for those who want to use automated trading.

MT4, which is used as the trading tool by many overseas forex brokers, has an automated trading setting. Therefore, overseas forex brokers using the NDD method are easier to use and offer higher security.

Q&A regarding NDD (Non-Dealing Desk) overseas forex trading

We have compiled a list of frequently asked questions and answers regarding NDD (No Dealing Desk) style overseas forex trading

I will answer them in order

Q. Which is better, NDD or DD?

The best method varies from person to person. The NDD and DD methods differ in the following three points:

  • High level of transparency
  • Spread width
  • Whether or not the agreement was rejected

When we summarize each of them, we get the following table

 Domestic FXOverseas FX
High level of transparencylowexpensive
Spread widthnarrowwide
Whether or not the agreement was rejectedcan benone

Domestic FX is recommended for those who want to minimize fees, even if it means lower execution speed, while overseas FX is recommended for those who want guaranteed trading even if it means slightly higher fees

Q. Can I use MT4 with NDD-style overseas forex brokers?

MT4 is a free trading tool used for forex trading. Despite being free, it offers a wide range of features, including the ability to quickly place orders directly from charts and automated trading

Some overseas forex brokers use MT4

MT4 can be difficult and confusing at first, but once you get used to it, it becomes very convenient to use

Q. Which overseas forex brokers have narrow spreads?

While overseas forex brokers generally have wide spreads, there are some overseas forex brokers that offer narrow spreads

Of the nine companies introduced here, AXIORY has the narrowest spreads. Not only are the spreads narrow, but it also enjoys a high reputation among users for its support and trading services

However, some companies with wider spreads tend to offer better benefits and support, so it's best to judge based on their overall strengths

✓ Also frequently read

List of NDD (No Dealing Desk) overseas forex brokers! Who are they recommended for? Which brokers are scams?

Are you wondering, "Which overseas forex brokers use the NDD method?" or "Is the NDD method right for me?" The NDD method is adopted by many overseas forex brokers and offers significant trading advantages. However, with so many brokers using it, choosing the right one can be difficult. Therefore, this article will introduce a list of overseas forex brokers that use the NDD method. We will also discuss who the NDD method is recommended for, identify fraudulent brokers, and recommend some excellent brokers. For overseas forex beginners, we recommend reading this complete guide to overseas forex for beginners. What is the NDD method in overseas forex? The NDD method in overseas forex is a trading method that directly routes traders' orders to the interbank market. Interbank market: A market in which institutional investors such as forex brokers and banks participate. Many overseas forex brokers use the NDD method. Here, we will explain the following in detail: What is the NDD method in overseas forex? Differences between domestic and overseas forex. Those considering using overseas forex with the NDD method should definitely refer to this information. What is the NDD method in overseas forex? NDD stands for "No Dealing Desk," and it is a trading method in which FX brokers do not intervene between traders and the foreign exchange market when placing trade orders. In the NDD method, traders place orders with LPs (Liquidity Providers). LPs (Liquidity Providers) are companies or institutions that play a role in facilitating trading in the FX market (interbank market), and are the source of exchange rates. Based on the rates provided by LPs, FX brokers present trading rates to traders. The main institutions are as follows. A characteristic of the NDD method is that traders' transactions flow directly into the market, resulting in highly transparent trading. Many overseas FX brokers use the NDD method. Therefore, for those who want to trade using the NDD method, it is recommended to use an overseas FX broker. https://money-charger.com/information/overseas-fx-ndd/ Differences between domestic and overseas FX Overseas FX brokers tend to use the NDD method, while domestic FX brokers tend to use the DD method. DD method: Abbreviation for "Dealing Desk," a method in which traders and FX brokers conduct transactions. In the DD (Dealing Desk) system, traders place orders with FX brokers, and the FX brokers then route the orders to the interbank market. However, the DD system can restrict scalping, making it unsuitable for highly flexible trading. For those who want more flexibility in their trading, we recommend using overseas FX brokers that employ the NDD (No Dealing Desk) system. https://money-charger.com/information/fx-domestic-and-overseas/ Is it possible that overseas FX brokers are lying about using the NDD system? Some overseas FX brokers may be lying about using the NDD system when they are actually using the DD system. There are two patterns in which overseas FX brokers lie about using the NDD system: They lie about using the NDD system They use the NDD system and the DD system depending on the conditions If they use the NDD system depending on the conditions, it is important to understand the conditions, as it is possible to use the NDD system by clarifying those conditions. We will explain each in detail below. Lying about using the NDD system Some overseas FX brokers lie about using the NDD system. The leverage offered by overseas forex brokers connected to LPs (Limited Partnerships) is typically 100 to 200 times, and at most 500 times. Since there are very few LPs that offer leverage exceeding 1000 times, brokers offering leverage of 1000 times or more are likely using the DD (Dealing Desk) system. Whether an overseas forex broker uses the NDD (Non-Dealing Desk) system is impossible to determine without looking inside the broker's system, so there is no way for users to definitively identify it. To avoid using a deceptive broker, it is recommended to use a reliable overseas forex broker that holds a financial license. Some overseas forex brokers use NDD and DD systems depending on the conditions. Overseas forex brokers that offer a maximum leverage of 1000 times or more may use NDD or DD systems depending on the account. Examples of different trading methods depending on the account are as follows. Furthermore, even with high-leverage DD accounts, some brokers change the leverage ratio and system depending on the account balance, as shown below. <Examples of how the method changes depending on the account balance> Account Balance Leverage Ratio Order Method $1000 - 1000x DD Method $200 - $999 200x NDD Method Even if an overseas FX broker uses the NDD method, be aware that the actual method often depends on the conditions. List of overseas FX brokers using the NDD method The following are overseas FX brokers using the NDD method: XMTrading HFM Land Prime Exness FxPro Monaxa IS6FX JadeFOREX Axi VT Markets…

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Q. Are overseas forex brokers using the NDD (Non-Dealing Desk) method dangerous?

The NDD (Non-Dealing Desk) method offers high transparency, making it less risky than the DD (Dealing Desk) method used in domestic FX trading

However, even with NDD-style overseas forex brokers, there are unscrupulous companies that use tactics close to fraud, so be sure to read reviews and articles before making a decision

✓ Also frequently read

Top Recommended Overseas FX Brokers Ranking | Thoroughly Introducing the Best Trading Environments by Category

This article introduces recommended overseas forex brokers by category for those who have the following concerns: "There are so many overseas forex brokers, I don't know where to open an account." "I want to choose an overseas forex broker with good bonuses and high security." "Which overseas forex broker offers the highest leverage?" Overseas forex brokers differ greatly in their features, so much so that the ease of making money depends on the broker you choose. I myself have been trading overseas forex for 7 years, and at first I struggled to choose the best account for me. Therefore, in this article, I have compiled a ranking of recommended overseas forex brokers by category, such as security, bonuses, and spreads. Please try to find a recommended overseas forex broker that will properly meet your needs. Recommended Overseas Forex Broker Comparison Ranking The recommended overseas forex comparison ranking, compiled from an overall evaluation, is summarized in the table below. Ranking Safety/Reliability Leverage Trading Costs Deposit/Withdrawal Bonuses Support 1st Place Vantage Trading VFSC Financial License €20,000 compensation from the Financial Services Commission Main Account 1,000x Premium Account 2,000x Minimum 0 pips, average 0.3 pips Supports 6 types of deposits including domestic bank transfers Generally no fees Account opening bonus: up to 15,000 yen Deposit bonus: up to 3 million yen and 6 other types available Email, live chat, full Japanese support 2nd Place Exness FSA Seychelles Financial License 9 financial licenses across the group Unlimited leverage No limit on account balance up to $4,999 Zero account with generally 0 pips Supports 5 types of deposits including domestic bank transfers Free deposit and withdrawal fees Benefits based on trading volume and deposit amount Email, live chat, Japanese support available, but official website is in English 3rd Place FXGT FSA HFMSVG is a financial licensed broker with liability insurance for its brokers. It offers a 1,000x leverage on its main account, a 5,000x leverage on its Optimus account, slightly wider spreads on its Pro and ECN accounts, swap-free options, and four other payment methods including domestic bank transfers. It supports over five types of cryptocurrencies. It offers an account opening bonus of approximately 15,000 yen and a deposit bonus of over 780,000 yen, among six other options. It provides full Japanese support via email, live chat, and is ranked 4th. HFMSVG is registered with the IBC group and holds five financial licenses across the entire group. It offers a 2,000x leverage on its main account, a 500x leverage on its bonus account and copy account, slightly wider spreads, swap-free options on all account types, and six other payment methods including domestic bank transfers. It has no deposit or withdrawal fees and offers four other deposit bonuses of over 750,000 yen. It provides full Japanese support via email, live chat, and is ranked 5th. 6th Place: TitanFXV - Financial license from FSC, €20,000 compensation from the Financial Commission, Main account 500x leverage (no limit), Micro account 1,000x leverage, Blade account minimum 0 pips, ECN method for FX and CFD, Supports 5 types of deposits including domestic bank transfer, Free deposit and withdrawal fees, Irregularly held email, live chat, LINE, and phone support in full Japanese. AXIORY - Financial license from FSC (Belize), Member of the Financial Commission, Trust protection, Main account 1,000x leverage, Max account 2,000x leverage, Nano and Terra accounts minimum 0 pips, High execution speed and low spreads with ECN method, Supports 5 types of deposits including domestic bank transfer, Free withdrawal fees for amounts over ¥20,000, Irregularly held email, live chat, and full Japanese support. 7th Place: AxiSVG - Registered with IBC, Parent company is ASIC-certified and a member of the Financial Commission, All account types 1,000x leverage, No limits based on account balance, Elite account minimum 0 pips, Elite account has low trading costs, Supports 3 types of deposits including domestic bank transfer, Free deposit and withdrawal fees, Irregularly held email, live chat, and international phone support in Japanese. 9th Place: XMTrading FSA Seychelles・FSC Mauritius Financial License Most well-known Main account 1,000x leverage Zero account 500x leverage Spreads are generally wide KIWAMI account is swap-free Supports 7 types of deposits including domestic bank transfer Withdrawal fee for amounts under 400,000 yen is 2,500 yen Account opening bonus: equivalent to 13,000 yen Deposit bonus: equivalent to up to 10,500 dollars and 4 other types Full support in Japanese via email and live chat 9th Place: ThreeTrader VFSC Financial License 20,000 euros compensation from the Financial Commission All account types 1,000x leverage No restrictions based on account balance Minimum 0 pips Raw Zero account has a trading fee of 2 dollars Supports 4 types of deposits including domestic bank transfer Free deposit and withdrawal fees Points system only Full support in Japanese via email and live chat 10th Place: IS6FXFSC 11th place Star Trader FSA Seychelles Financial License Group-wide 6 financial licenses All account types 1,000x leverage Minimum $45,000 ECN account Minimum 0 pips Trading fee $3 Supports 6 methods including domestic bank transfers No deposit or withdrawal fees Deposit bonus: Up to $20,000 13% Growth boost: 0.05% daily cashback Email, live chat, and LINE full Japanese support 12th place MYFXMarketsSVG 13th Place: IBC Registered Standard Account 1,000x leverage Pro Account & Micro Account 500x leverage Pro Account minimum 0 pips Trading fee $3.325 Supports 4 methods including domestic bank transfer Withdrawal fee 2,000 yen Deposit bonus: up to 40,000 yen equivalent Email, live chat, LINE, phone Full Japanese support ECMarketsFSC Mauritius Financial License Group as a whole 7 financial licenses Maximum leverage 1,000x leverage No leverage restrictions based on account balance ECN Account minimum 0 pips Trading fee $1.50 Supports 6 methods including domestic bank transfer Deposit and withdrawal fees are free None Email, live chat, live chat Japanese support available 14th Place: JadeFOREXSeychelles Registered No Limit Account Unlimited leverage No Limit Account minimum 0 pips Trading fee is free Supports 5 methods including domestic bank transfer Withdrawal fee from 3,000 yen Irregularly held Email, Japanese support available 15th Place: MONAXAFSC Mauritius Financial License All account types 2,000x leverage Zero account Euro/Dollar minimum 0 pips Trading fee $3 Supports 4 types of deposits including domestic bank transfer Withdrawals under 5,000 yen are 330 yen Deposit bonus: up to $21,000 equivalent Point system Email Japanese support Overseas FX Recommended Comparison Ranking We will also explain the details of the ranking and basic knowledge for overseas FX beginners. Overseas FX Recommended Comparison | 1st Place Vantage Trading Item Details Safety and Reliability Regulated by the Vanuatu Financial Services Commission (VFSC) Member of the Financial Services Commission Maximum 20,000 euros compensation Leverage Offers premium accounts with up to 2,000x leverage Trading costs ECN account minimum 0 pips, average 0.3 pips Deposits and withdrawals Supports deposits and withdrawals via domestic bank transfer, cryptocurrency, etc. Bonus Deposit bonus up to $20,000 equivalent Support Multilingual support with Japanese staff Overall evaluation of Vantage Trading The number one ranked overseas FX recommended comparison is "Vantage Trading". Vantage Trading is an overseas forex broker operated by the Vantage Group, which has over 15 years of operating experience, under the regulation of the Vanuatu Financial Services Commission. Source: Vantage Ferrari official partner Vantage Trading supports a wide range of trading styles, including premium accounts with leverage up to 2,000 times and ECN accounts with a minimum spread of 0 pips. MoneyChat Editorial Department Furthermore, new users can receive an account opening bonus worth 15,000 yen without making a deposit, and can start actual trading with zero risk to their own capital. Advantages and disadvantages of Vantage Trading Vantage Trading offers a total of $20,000 worth of deposit bonuses (approximately 3 million yen). This deposit bonus is a bonus that can be used as trading capital, depending on the amount deposited. Your first deposit will receive up to 120% (equivalent to $500 or ¥75,000). Your second deposit will receive 50% (equivalent to $1,000 or ¥150,000). Subsequent deposits will receive 20% (equivalent to $18,500). You can use these deposit bonuses as trading capital, and all profits earned can be withdrawn to your account. Vantage Trading's deposit bonuses are available for three types of accounts: Standard, ECN, and Copy Trading

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summary

This page provided a list of NDD-style overseas forex brokers and discussed who they are recommended for

Finally, let's review the important points

  • The NDD (No Dealing Desk) method is used by many overseas forex brokers
  • Because it is highly transparent, you can trade with peace of mind
  • If you want to do scalping trading, the NDD (No Dealing Desk) system is better
  • It's also suitable for people who want to use automated trading
  • MT4 can be used even with the NDD (Non-Dealing Desk) method
  • Recommended for those who want to improve their execution speed

NDD (No Dealing Desk) overseas forex brokers are recommended for those who want to use trading methods that are difficult to implement with domestic forex brokers, such as automated trading and scalping

However, some overseas forex brokers are unscrupulous, so use Forex Peace Army

NDD (No Dealing Desk) overseas forex brokers also have their advantages and disadvantages, so it's recommended to understand both before deciding whether to use them

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