photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Results 1 to 8 of 8

Thread: What is ECN Broker ?

  1. #1
    My charts talk to me!
    ----
     
    boral is on a distinguished road boral's Avatar
    Join Date
    May 2013
    Posts
    923
    Accumulated bonus
    192.60 USD
    Thanks
    35
    Thanked 13 Times in 12 Posts

    What is ECN Broker ?

    They are a type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers don't discourage scalping, don't trade against the client, don't charge spread (low spread is defined by current market prices) but charge commissions for every order.

    Please share your views about them below.

  2. The Following User Says Thank You to boral For This Useful Post:

    jessica19 (01-12-2018)

  3. Fb
  4. #2
    NF Rookie
    cheerful
     
    mehrabhosain is an unknown quantity at this point mehrabhosain's Avatar
    Join Date
    Jul 2013
    Location
    Dhaka
    Gender:
    Male
    Posts
    31
    Accumulated bonus
    6.00 USD
    Thanks
    2
    Thanked 0 Times in 0 Posts
    i dont know abot this,,,,,,interested for know about it.if can know details by you,wanna feeling good

  5. #3
    Forex in the blood
    ----
     
    abounidal1993 is an unknown quantity at this point abounidal1993's Avatar
    Join Date
    Aug 2013
    Location
    morocco
    Gender:
    Male
    Posts
    224
    Accumulated bonus
    51.20 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    i actually didn't know that thank you ''boral'' for sharing this important information that could be so much valuable in trading market

  6. #4
    NF Rookie
    ----
     
    agus-sutitis is an unknown quantity at this point agus-sutitis's Avatar
    Join Date
    May 2013
    Location
    indonesia
    Gender:
    Male
    Posts
    20
    Accumulated bonus
    3.40 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    ECN is an account type that all its system directly connected to the market, so it make ECN account more fast and quick in their executions..
    You can find ECN account in *********, NDD is an ecn account type of lite forex. With its fast executions of the trade, it more amazing for making money place...

  7. #5
    Will work for pips
    ----
     
    marvis40 is an unknown quantity at this point marvis40's Avatar
    Join Date
    May 2014
    Posts
    93
    Accumulated bonus
    26.33 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    I think we should start from what the acronym ECN stands for; Electronic Communication Network brokers. They are usually unique for providing a market place where traders and market makers can place competing bids against each other.
    But one down side I have seen is that ECN broker's minimum deposit are usually higher than they are with any other standard forex accounts, but with the advantage of scalping and lower spreads.

  8. #6
    My pips hand is weak
    ----
     
    jessica19 is on a distinguished road jessica19's Avatar
    Join Date
    Jan 2018
    Posts
    160
    Accumulated bonus
    29.73 USD
    Thanks
    149
    Thanked 22 Times in 21 Posts
    Dear ecn broker is the broker who put your money direct into the forex market if it is really true ecn broker while other broker who are not easy and broker they do not put your money in direct into the market but they hold your money and they provide a virtual trade setup to the clients the main difference between the Asian broker and the other broker is if you lose your money that money will go to the pocket of broker of non ecn brokers

  9. #7
    Forex in the blood
    inspired
     
    Mmjhype is on a distinguished road Mmjhype's Avatar
    Join Date
    Feb 2018
    Posts
    409
    Accumulated bonus
    385.66 USD
    Thanks
    3
    Thanked 18 Times in 16 Posts
    An Ecn broker is a forex financial expert that uses electronic communications networks(ECNs) to give clients direct access to other participants in currency market...Because an ECN broker consolidates price quotations from several market participants.. It can generally offer it's clients tighter bid/ask spread than would be otherwise available to them...An ECN broker facilitates trade for interested investors across the ECN.Working with brokers of this nature often result I'm lower fees as well as additional trading time availability because of how the ECN functions..

  10. <a href="http://www.mt5.com/forex_humor">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  11. #8
    Administrator
    ----
     
    Moris is an unknown quantity at this point Moris's Avatar
    Join Date
    Aug 2016
    Gender:
    Male
    Posts
    13
    Thanks
    0
    Thanked 8 Times in 3 Posts
    testtesttesttesttesttest

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.