A-Book and B-Book Brokers

[maya95]

You’ve probably come across terms like NDD (No Dealing Desk) or DD (Dealing Desk) when checking out brokers. That’s basically just another way of saying A-Book and B-Book. With A-Book or NDD, your trades are passed straight to the market. With B-Book or DD, the broker takes the other side of your trade. Which one do you prefer?

 

[rmufti68]

Obviously we or any trader will prefer a NDD or ECN broker so we need to do some of our own research finding the right broker for long run otherwise we maybe trading against the broker which is B book and eventually lose money.

 

[hayseed]

You’ve probably come across terms like NDD (No Dealing Desk) or DD (Dealing Desk) when checking out brokers. That’s basically just another way of saying A-Book and B-Book. With A-Book or NDD, your trades are passed straight to the market. With B-Book or DD, the broker takes the other side of your trade. Which one do you prefer?

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b book would be my choice.....

does it really matter who takes the other side of my trades, only slightly...... whether it's another trader or the broker itself, odds are both will be wanting to win....... can't hold that against them, my intention is the same.....

so who would you prefer to lose, the b book broker or a desperate single mom......

yes, my question was was rhetorical......h

 

[Thaddeus Finch]

I would rather working with an NDD one. At least, I know the broker is not going to take the other side of my trade!

 

[Amadeus.V]

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b book would be my choice.....

does it really matter who takes the other side of my trades, only slightly...... whether it's another trader or the broker itself, odds are both will be wanting to win....... can't hold that against them, my intention is the same.....

so who would you prefer to lose, the b book broker or a desperate single mom......

yes, my question was was rhetorical....

If you ever make big money with B brokers, I’d like to see if you still feel the same when it’s time to withdraw.

 

[hayseed]

If you ever make big money with B brokers, I’d like to see if you still feel the same when it’s time to withdraw.

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will let you know......

i've been dealing with b brokers for maybe 12 years now...... my opinion has not changed..... there are some subtle advantages.......

big money is a relative term...... so by my definition, if i ever withdraw that amount will be sure to let you know.......

the key to not becoming sour on b books, might be to make consistent reasonable money...... stay under the radar and out of the lime light.......

don't bite the hand that feeds you.....h

 

[ForexUniversity]

Seeing that I helped coin the term No Dealing Desk (NDD) during my time at FXCM—and that it has since become an industry standard—it’s no surprise that I lean toward NDD execution. That said, Dealing Desk (DD) models aren’t inherently bad, especially when you’re trading with regulated brokers in trustworthy jurisdictions. At the very least, regulation provides some assurance that you’ll be able to withdraw your funds and have a proper channel for recourse if something goes wrong.

Ultimately, the structure matters—but transparency and regulation matter more.

 

[maya95]

Obviously we or any trader will prefer a NDD or ECN broker so we need to do some of our own research finding the right broker for long run otherwise we maybe trading against the broker which is B book and eventually lose money.

yeah, picking the right one saves you from drama down the road.

Post automatically merged: Jul 28, 2025

I would rather working with an NDD one. At least, I know the broker is not going to take the other side of my trade!

Yeah, definitely feels better when you know the broker’s on your side not the other way around.

 

[maya95]

Seeing that I helped coin the term No Dealing Desk (NDD) during my time at FXCM—and that it has since become an industry standard—it’s no surprise that I lean toward NDD execution. That said, Dealing Desk (DD) models aren’t inherently bad, especially when you’re trading with regulated brokers in trustworthy jurisdictions. At the very least, regulation provides some assurance that you’ll be able to withdraw your funds and have a proper channel for recourse if something goes wrong.

Ultimately, the structure matters—but transparency and regulation matter more.

yeah, transparency and regulation really make all the difference.

 

[ForexUniversity]

yeah, transparency and regulation really make all the difference.

Exactly. There is more to it than just looking for "execution" type. Some off shore broker may advertise NDD and execute that way but still not process withdrawals.

 

[OscarR]

NDD. You know it feels safer knowing they’re not against you. But generally speaking, other types have worked out fine for me too.

 

[Thaddeus Finch]

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b book would be my choice.....

does it really matter who takes the other side of my trades, only slightly...... whether it's another trader or the broker itself, odds are both will be wanting to win....... can't hold that against them, my intention is the same.....

so who would you prefer to lose, the b book broker or a desperate single mom......

yes, my question was was rhetorical......h

And what would you do if they manipulate market to their own benefit?

 

[hayseed]

And what would you do if they manipulate market to their own benefit?

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what would i do........ i would get up...... and very quietly leave the room...... write it off as a bad trade....... never to think of it again......


truth of it is, market manipulation is not something i focus on....... have never noticed it ever...... my buys and sells go in accurately.....

maybe i have been just lucky with choice of brokers....h