When trading Forex with both dealing desk and no dealing desk execution models, we act as the final counterparty to the transactions. In both models, Independent Pro gathers bid and ask prices from a variety of liquidity providers. The best available bid and ask quotes are provided on our platforms after applying our mark-up, which may vary depending on the liquidity provider and account type. Several factors influence the mark-up decision, including the rejection rates of liquidity providers’ quotes, network performance (e.g., latency), liquidity depth, and overall execution quality.

In the Dealing Desk execution model, we may act as the counterparty for some or all currency pairs. Backup liquidity providers are also available when we do not act as the dealer. It’s important to note that the Dealing Desk uses a smaller pool of liquidity providers compared to the No Dealing Desk (NDD) model.

We cannot guarantee that quotes, prices, or spreads will always be more favorable with one execution model over the other. Clients should carefully assess which execution type best suits their trading method or strategy.