: Anonymity is guaranteed, if you choose to trade forex on an online platform provided by an ECN broker, you can be sure of the fact that others will not get to know as to who you are. There are many advantages of trading with ECN brokers. No conflict of interests. Leverage: Up to 1:1000, regulation: CBR, CySEC and ffms 30 Forex Deposit bonus, visit Broker. It is highly recommended that long-term traders should consider working with ECN brokers as they do not trade against customers. ECN FX brokers are sending your orders directly to the market and they only benefit from a part of the commission you pay. A true ECN broker will never change the spreads during news reports.
Whenever you are trading on a real ECN, there always will be a commission attached to your trading, depending on a broker this commission is usually from 5 USD to 12 USD per 100,000 USD of the volume per side. This is not always the best offer, compared to STP. As with anything else in life, all brokers are not the same you can find out if the broker is really an ECN broker or not by asking the following simple questions: Does the broker make any mention of a dealing desk anywhere on their. ECN is quite resourceful for the broker, this is why there are many STP Brokers presenting them as ECN FX brokers. This is a hard question to answer. Finally, an ECN forex broker only matches the trades between the participants.
ECN brokers dont gamble with clients deposits, hence you dont expect them to lose on the clients trades and be short of money. ECN translates to Electronic Communication Network and it enables forex trading. Broker Type STP/ECN/NDD/DMA Regulation Financial Conduct Authority (FCA UK and Financial Services Authority (FSA Seychelles Platforms Web Platform, MetaTrader 4, Mobile Platform Minimum Deposit 25 Deposit Options Wire Transfer, Credit/Debit Card, WebMoney, UnionPay, Skrill, Neteller, FasaPay Maximum Leverage 500:1 Minimum Lot Size.01 Spreads Variable. Sometimes ECN as emphasized and is referred to us True ECN. In other words, Pseudo ECN is not different from STP. STP Brokers are not bad at all, they are still not ECN and claiming that they are True ECN brokers puts them into quite a dishonest position. These brokers expect traders to gain when trading forex. .
New forex no deposit bonus review, Best broker for forex trading in south africa,