What is forex ecn?

ECN (Electronic Communications Network) is a network which carries the Buy and Sell orders of financial instruments for retail clients, banks and brokers alike. One of main arguments for using ECN is that client orders are displayed directly to the market place without any interference from a broker.

The Advantages of ECN Trading

1 Market execution with no requotes.
2 Tight spreads.
3 No Limit / Stop Levels (a minimum distance imposed between an order and the current price) meaning that clients can trade within the spread.
4 No restriction on client trading strategies, which means that “scalping” is allowed.
5 Trade directly with liquidity providers.