Ekaterina Fechina
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ECN accounts with Forex.ee: advantages you might not know about
What is ECN system based on? The main idea of the ECN system is to create a technology that allows performing transactions while excluding the participation of intermediaries as much as possible. Thus, ECN accounts connect market participants with each other directly, minus intermediary services. This helps to avoid conflicts of interest between the broker and the trader. But this is not the only advantage of ECN accounts, and in today's Forex_SREDA we will talk about a few not so obvious advantages of ECN in Forex.ee.
• Real provision of liquidity. The ECN system guarantees the presence of a large pool of counterparties, resulting in real liquidity provision. Traders who prefer ECN trading do not need to worry about lack of liquidity.
• Absence of requotes. Due to the fact that Forex.ee provides an instantaneous order execution speed of 200-300 ms, traders are guaranteed the execution of transactions at the requested or the best price available on the market at the moment. In addition, the MT4 trading terminal in Forex.ee has a built-in mechanism for slippage protection, which guarantees an additional level of security.
• Exclusively market quotes. The ECN system itself does not allow execution and closing of orders at “non-market quotes”. In the trading terminal traders have access to an additional instrument - the so-called “Market Depth”, which is a small window where all orders are shown - those from traders to large banks.
Depth of market is an important tool to help you analyze the market situation. If there is an excess volume of sell orders in the order book, then it's likely that the prices will drop, and vice versa, with a predominance of buyers, we can talk about a quick rise in prices - this allows you to make a correct decision at any moment in time.
• Absolutely no restrictions. Forex.ee removes any restrictions on trading - traders can open any orders of different duration using any trading strategy. Robots, scalping, hedging / locking, etc. are fully available.
• Minimum spreads. Guaranteed tight spreads help traders to significantly reduce trading costs. For several years Forex.ee broker has been one of the TOP-5 ECN / DMA brokers with the tightest spreads and commissions in the industry.
• Individual discount on commission. Forex.ee offers a special promotion, according to which every trader who operates on an ECN account can receive a reduced commission of only $ 1 for a period of 1 to 8 weeks, depending on the amount of the deposit. You can find out detailed conditions of this promotion by following the link.
Forex.ee strives to provide its clients with favorable conditions for ECN accounts. There are three types of ECN accounts in the company
Forex.ee was one of the first broker to use ECN technology in Forex. Register your ECN account and start earning money with a reliable broker Forex.ee on the best conditions!
What is ECN system based on? The main idea of the ECN system is to create a technology that allows performing transactions while excluding the participation of intermediaries as much as possible. Thus, ECN accounts connect market participants with each other directly, minus intermediary services. This helps to avoid conflicts of interest between the broker and the trader. But this is not the only advantage of ECN accounts, and in today's Forex_SREDA we will talk about a few not so obvious advantages of ECN in Forex.ee.
• Real provision of liquidity. The ECN system guarantees the presence of a large pool of counterparties, resulting in real liquidity provision. Traders who prefer ECN trading do not need to worry about lack of liquidity.
• Absence of requotes. Due to the fact that Forex.ee provides an instantaneous order execution speed of 200-300 ms, traders are guaranteed the execution of transactions at the requested or the best price available on the market at the moment. In addition, the MT4 trading terminal in Forex.ee has a built-in mechanism for slippage protection, which guarantees an additional level of security.
• Exclusively market quotes. The ECN system itself does not allow execution and closing of orders at “non-market quotes”. In the trading terminal traders have access to an additional instrument - the so-called “Market Depth”, which is a small window where all orders are shown - those from traders to large banks.
Depth of market is an important tool to help you analyze the market situation. If there is an excess volume of sell orders in the order book, then it's likely that the prices will drop, and vice versa, with a predominance of buyers, we can talk about a quick rise in prices - this allows you to make a correct decision at any moment in time.
• Absolutely no restrictions. Forex.ee removes any restrictions on trading - traders can open any orders of different duration using any trading strategy. Robots, scalping, hedging / locking, etc. are fully available.
• Minimum spreads. Guaranteed tight spreads help traders to significantly reduce trading costs. For several years Forex.ee broker has been one of the TOP-5 ECN / DMA brokers with the tightest spreads and commissions in the industry.
• Individual discount on commission. Forex.ee offers a special promotion, according to which every trader who operates on an ECN account can receive a reduced commission of only $ 1 for a period of 1 to 8 weeks, depending on the amount of the deposit. You can find out detailed conditions of this promotion by following the link.
Forex.ee strives to provide its clients with favorable conditions for ECN accounts. There are three types of ECN accounts in the company
Forex.ee was one of the first broker to use ECN technology in Forex. Register your ECN account and start earning money with a reliable broker Forex.ee on the best conditions!