Forex ECN STP

Everything you need to know about ECN/STP technology and standards, Forex aggregator and Level II, pros and cons of ECN and STP trading accounts.

Why Did I Get Slipped? Forex Slippage

Slippage as well as market execution (as opposed to instant execution) are the integral parts of trading in an ECN/STP environment. Contrary to the dealing desk model, where a broker takes the opposite side of the client’s trades and the liquidity is therefore virtual, the liquidity pool on ECN ...

FX Aggregator: complex software system explained in simple words

Forex aggregators provide software solution for liquidity aggregation from various sources within a single view. The aggregators support various combination of order types, currencies and tiered pricing. Forex brokers nowadays seem very interested in acquiring the services of Forex aggregators ...

Some distinguished features of FXOpen’s STP accounts

Straight Through Processing (STP) accounts have always been a favorite choice of brokers due to minimum spread, less risk and instant execution of orders. Many brokers offer the facility of STP accounts against some predetermined commission and initial deposit not less than $1000, hence making ...

OneClickTradingLevel2 Plugin Review from Serega

OneClickTradingLevel2 Plugin is a useful tool especially for short-term traders. If you trade intraday and a couple of pips per trade makes a difference for you, then this tool is for you. Sure if you are a longer term trader and hold a position for days it may help you in fine picking your ...

Breaking Stereotypes about ECN Brokers

These days ECN trading still seems vague and obscure to some people even though the first ECN technology (Electronic Communication Network) appeared long time ago, back in 1999. It was called Currenex then. This brand is well-known among ECN traders and it has taken the leading positions ...

Secrets of Level II

Secrets of Level II

Today’s inexperienced traders in Forex almost stand on a par with professionals. There remains a wide gap with regard to knowledge but their odds have improved due to the proliferation of Forex-related information and different software solutions and tools, developed to facilitate their first ...

ECN/STP – How it Fits in Forex

ECN stands for “Electronic Communication Network” that provides direct interaction of individual traders and banks. The latter, along with the major brokers, place orders on behalf of their traders. Due to the order matching mechanism, being the essence of any ECN technology, the opposite ...

FXOpen’s ECN MT4 Named Most Popular Forex Product

ECN MT4 was named the “Most Popular Product” at the 9th Shanghai Money Fair.  A gold medal award was present to FXOpen for obtaining this status. In January 2012 FXOpen announced that the company had received a “Most Popular Product Award” for its ECN MT4 product at the 9th Money Fair held in ...