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The Best ECN Broker Forex

Discussion in 'Forex Broker Discussion' started by Overlord, Feb 22, 2014.

  1. Overlord

    Overlord New Member

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    What is ECN Forex Trading?

    ECN, which stands for Electronic Communication Network, really is the way of the future for the Foreign Exchange Markets. ECN can best be described as a bridge linking smaller market participants with tier-1 liquidity providers through a FOREX ECN Broker.

    This linkage is done using sophisticated technology setup named FIX Protocol (Financial Information Exchange Protocol). At one end, the broker obtains liquidity from tier-1 liquidity providers (Major Banks) and makes it available for trading to its clients. On the other side, the broker delivers clients' orders to Liquidity Providers for execution.

    An ECN broker benefits from commission fees per transaction. The higher trading volume the broker's clients generate, the higher the broker's profitability.

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  2. learn2share

    learn2share New Member

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    FxPro and HotForex are best STP/ECN NDD brokers.
     
  3. Sharon Higgins

    Sharon Higgins New Member

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    OctaFX is definitely the best ECN broker, as they have even proven it with their ideal service. They have done so much for us which is why they are highly rated by all and the reason behind them been rated as the best ECN broker in the world today, it’s an special achievement that very few brokers are capable of and the best part is maintaining this sort of service which they have done without blinking an eye which is truly spectacular.
     
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