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Re: SILVERSURFER4263 post# 44727

Monday, 05/03/2021 3:12:28 PM

Monday, May 03, 2021 3:12:28 PM

Post# of 88330
I don’t believe so.

ECN Brokers

ECN is an acronym for Electronic Communication Network. ECN brokers technically take orders from clients and send them directly to a pool of liquidity providers. The quoted prices displayed by ECN brokers are some of the best you will find as they come from multiple institutions and market participants.

Pros
· No price manipulation by the broker
· Lower spreads
· Faster trade execution
· All trading strategies allowed
· No requotes even during high volatility

Cons
· Large initial deposits usually required
· Commissions charged
· Spreads are variable and can be higher at intervals


https://www.mitrade.com/forex/trading-platform/trading-brokers/types-of-brokers