Slippage as well as market execution (as opposed to instant execution) are the integral parts of trading in an ECN/STP environment. Contrary to the dealing desk model, where a broker takes the opposite side of the client’s trades and the liquidity is therefore virtual, the liquidity pool on ECN ...
Forex aggregators provide software solution for liquidity aggregation from various sources within a single view. The aggregators support various combination of order types, currencies and tiered pricing. Forex brokers nowadays seem very interested in acquiring the services of Forex aggregators ...
Straight Through Processing (STP) accounts have always been a favorite choice of brokers due to minimum spread, less risk and instant execution of orders. Many brokers offer the facility of STP accounts against some predetermined commission and initial deposit not less than $1000, hence making ...
OneClickTradingLevel2 Plugin is a useful tool especially for short-term traders. If you trade intraday and a couple of pips per trade makes a difference for you, then this tool is for you. Sure if you are a longer term trader and hold a position for days it may help you in fine picking your ...
These days ECN trading still seems vague and obscure to some people even though the first ECN technology (Electronic Communication Network) appeared long time ago, back in 1999. It was called Currenex then. This brand is well-known among ECN traders and it has taken the leading positions in the ...
Today’s inexperienced traders in Forex almost stand on a par with professionals. There remains a wide gap with regard to knowledge but their odds have improved due to the proliferation of Forex-related information and different software solutions and tools, developed to facilitate their first ...
ECN stands for “Electronic Communication Network” that provides direct interaction of individual traders and banks. The latter, along with the major brokers, place orders on behalf of their traders. Due to the order matching mechanism, being the essence of any ECN technology, the opposite ...
ECN MT4 was named the “Most Popular Product” at the 9th Shanghai Money Fair. A gold medal award was present to FXOpen for obtaining this status. In January 2012 FXOpen announced that the company had received a “Most Popular Product Award” for its ECN MT4 product at the 9th Money Fair held in ...