No Dealing Desk
Synergy FX is an NDD or No Dealing Desk broker. This means that we do not have a dealing desk but instead use a number of liquidity providers such as the banks to provide our pricing which is streamed directly to you, with no manual intervention from us.
The liquidity providers send in their competing bids and offers into our Meta Trader 4 platform, resulting in the best aggregated market quotes. We receive pricing from up to 20 of the largest global banks.
What are the benefits?
Straight Through Processing - Synergy FX sends your order directly to these banks with no manual intervention.
Transparency - You are trading on the true market and not a price that has been manipulated by a dealing desk..
Instant order fills - With Synergy FX you are receiving live streaming prices from a number of banks who are all competing for your trade, meaning quick order fills.
Anonymity - Client orders are executed automatically and anonymously.