What is ECN and what is the main feature of ECN broker?
ECN (Electronic Communication Network) is an electronic trading network, which is intended to avoid any additional intermediaries when making transactions on Forex market and provide the best possible conditions for each order you place: high speed of execution, low spreads, and best prices.
The key feature of ECN accounts is that there is no any conflict of interest between clients and the brokerage company, which uses ECN technology, because the company transfers clients’ transactions to the market and receives profit in the form of commissions
and spreads paid by traders. That’s why brokerage companies are seeking to increase trading volume on their clients’ accounts.
Professional ECN accounts from RoboForex:
Liquidity from Currenex and Integral
Direct access to interbank liquidity from the world’s best providers, execution at the best available prices, Market Depth.
Instant order execution by means of NDD and STP technologies
NDD (No Dealing Desk) and STP (Straight Through Processing) technologies help to provide the best possible speed and quality of order execution under any market conditions.
International protection of clients’ rights