3rd party counterparties who wish to take the other sides of the trades. This suggests that an ECN broker offering smaller minimum trade sizes must inevitably perform a bucketing of orders, and that would require a kind of dealing desk to process and allocate the bucketing. ECN brokers typically charge lower spreads than market makers, which they compensate for at least partially by charging additional commissions on trade entries and exits which is calculated as a fixed percentage of the total value of the trade.
Is quite restrictive in Forex trading and if you must be onshore you have little choice, but it makes your choice easier. The Traders Way MT4. ECN, forex brokers eCN, nDD No Dealing Desk STP DMA) and compare them to find the. IC Markets is an Australian broker that is well known in Europe and Asia. Special Promotion try Best MT4, eCN from 10 only!
Forex currency trading system strategy magic wave
Forex trading non farm payroll
Free forex trading journal spreadsheet download