This gave way to a fear in the Forex marketing via agents, and many stopped dabbling in Forex trading. Moreover, the negative hype of Forex tradingprevented new clients from entering the field. Ultimately it was the agents’ loss. 

So, today we see a change where we find brokers being honest about all their trading. That is what one means by “no dealing desk”. Simply put, it means “honesty”. The internet has facilitated this by having transparent transactions with the best pricing available, and only a nominal charge for brokers being made available directly to the client’s computer. 

A no deal desk platform broker will execute tradings electronically with no human interventions, and with no unfairness. Previously the broker on a desk used to decide when to sell and when not to sell. Today, it is out of their hands as the client has direct access to the market.  The brokers are now paid based on the commission of the trade. So the incentive behind no deal desk is to get the best price for the customer and thereby ensure their fee. 

Also, a deal desk broker will not concentrate on an old account while trying to hook in a new account. For the no deal desk platform, it is the anonymity of the customer that rules the picture. Such brokers do not care where the money and the deals are coming from and will see that you get all the best options.

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