ECN

What is an ECN Account?

ECN stands for Electronic Communication Network. This is ultimately the best way to connect a retail trader directly to liquidity providers, such as Banks and Prime Brokers, for the best execution rates.

The connection is established using sophisticated technology setup called FIX Protocol (Financial Information Exchange Protocol) between Our Brokerage Desk; to obtain liquidity from liquidity providers and make it available for our traders, and providers – who receive clients’ orders for execution.

The ECN automatically matches and executes the orders requested, which are filled at the best available price.

Advantages of ECN Account:

  • Fast Execution
  • Very tight spread – can go as low as 0.1 pip on EUR/USD
  • Enable high trade volume
  • Execution is guaranteed under all market conditions

WHO CAN BENEFIT?

EA and Algo traders

Institutional traders

High frequency traders

TRADING CONDITIONS OF ECN ACCOUNT:

Gold

accounts

Spread:

As low as 0.1 on EUR/USD (floating)

Leverage:

200:1 on select currency pairs

Minimum Deposit:

According to Account Type

Commission:

$7 per Leg

Minimum Trade size:

0.1 Lot

Execution:

Market Execution

Stop Out:

50%

Swap:

Applicable

Trading Instruments:

Currency pairs, Indices, Commodities

Platinum

accounts

Spread:

As low as 0.1 on EUR/USD (floating)

Leverage:

200:1 on select currency pairs

Minimum Deposit:

According to Account Type

Commission:

$5 per Leg

Minimum Trade size:

0.1 Lot

Execution:

Market Execution

Stop Out:

50%

Swap:

Applicable

Trading Instruments:

Currency pairs, Indices, Commodities

**ECN conditions do not apply for Islamic accounts, cryptocurrencies or stocks

How to open an ECN Account?

If you want to open an ECN account, or if you’d like to learn more about ECN accounts, please contact your account manager.

YOUR COUNTRY IS BLOCKED