ECN ACCOUNT
FOREXTRADA NOW TAKES YOU INTER-BANK
WHAT IS AN ECN ACCOUNT?
An electronic communication network (ECN) is an electronic trading system where
prices are received directly from some of largest liquidity providers in the world
such as Goldman Sachs, Barclays Capital, CitiGroup, Deutsche Bank - to name but
a few. Executable prices are streamed to the platform according to the Best Bid/Best
Offer format and allowing you direct entry into the financial markets.
ForexTrada has integrated ECN execution to the world renowned MetaTrader 4 platform
providing you with true interbank execution at the highest level.
PRICING MECHANISM
The Best Bid/Best Offer system means that spreads are variable and may be as low
as 0 pips, however they are typically between 0-2 pips. Traders can also take advantage
of fractional pip trading as prices are now reflected with an additional decimal
place. Prices are streamed in at real market speeds enabling instant execution.
ECN TRADING DETAILS
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Minimum Initial Deposit:
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$50,000
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Spread:
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Variable(typically 0-2 pips)
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Minimum Trade Size:
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1 Lot
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Commission:
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$4 per 1 Lot
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Fees:
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No fees
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Margin:
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0.5%
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ADVANTAGES OF AN ECN ACCOUNT:
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Variable spreads from as low as 0 pips
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Instant Execution
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Multiple Inter-Bank data feeds
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Trade with Expert Advisor
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Low commissions
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GET READY
To start your ECN account, simply complete the quick registration below and explore
the world of inter-bank trading.
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