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Where to Open an ECN Account
ECN stands for Electronic Communication Network, and is a system of dealing in the forex market where brokers obtain prices from several liquidity providers. This price data (market data) is provided to traders without any interference, while forwarding all orders placed by buyers and sellers to the liquidity providers for execution. Under the ECN arrangement, […]
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Forex platforms provide traders with the access that they require to participate in the purchase and sale of currencies in the market. They are an advancement of the telephone trades of yesteryear where traders had to call brokers on the phone to place trades, with no control over the price at which a currency was bought and […]
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