Advantages of Having ECN Account Forex Anzo Capital
What is ECN? • ECN stands for Electronic Communication Network which is a self-running system to match the buying and selling orders for securities. • There are many advantages having ECN Account Forex.
Advantages of ECN Account Forex • On ECN account forexthere's a high anonymity and a very low risk of spreads of your currency even when there is a high market volatility. • ECN account forexprovides its user to communicate directly hence there is a full transparency between broker and trader and you can see your orders being delivered to other market participants.
ECN account forexfeatures NDD (No dealing desk) which makes sure that there are no re-quotes a bid has been made. • Through ECS forex account the clients are able to connect with the trading algorithms, models, risks and expert advice with the click of their fingers.
ECN Forex Accounts allows traders to have direct access to the market prices. • Having an ECN Account Forexonly makes you available to the market worldwide, through an ECN Forexdemo account an individual is open to the world and can trade among traders across the world.