What is ECN Forex Broker ?

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What is ECN Forex Broker ?

Postby ajaxfinancial » Thu Feb 16, 2012 6:52 am

ECN, which appears for Automated Interaction System, really is the way of the long run for the Overseas Change Marketplaces. ECN can best be described as a link back links lesser market individuals with tier-1 assets services through a FOREX ECN Agent.
This linkage is done using innovative technological innovation build known as FIX Method (Financial Information Change Protocol). At one end, the broker gets assets from tier-1 assets services (Major Banks) and makes it available for dealing to its customers. On the other side, the broker provides customers' purchases to Liquidity Providers for performance.
An ECN broker benefits from commission payment rate charges per deal. The greater dealing amount the broker's customers produce, the greater the broker's earnings.

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Re: What is ECN Forex Broker ?

Postby ameliya85 » Mon Sep 10, 2012 1:43 pm

ECN, which stands for Electronic Communication Network, really is the way of the future for the Foreign Exchange Markets. ECN can best be described as a bridge linking smaller market participants. An ECN broker benefits from commission fees per transaction. The higher trading volume the broker's clients generate, the higher the broker's profitability.

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Re: What is ECN Forex Broker ?

Postby dymamic » Tue Sep 22, 2015 2:33 am

Here is ECN broker structure works:
Image

My broker hotforex also claim they are STP/ECN broker, how can I check it by real trading?
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