What's new

General What is a dealing desk

Coterz

New Member
What does it mean if a broker is said to have a dealing desk?
Explain with some illustrations please
 
I don't have illustrations since I don't really think that it needs one. But, dealing desk brokers are brokers with the job to trade against your trade to gain money. Example, if you long EUR/USD, they will open a short. This is because majority of traders fail in the FX market and by opening opposite positions, they can earn a lot of money.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Members Online

No members online now.

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks