Tag: ECN

So, what’s the Big Deal about ECNs?

Trading Articles
If the answer is Yes and No, then what’s the big deal?  Simply put:  Transparency. Alternatively, perhaps more aptly put the promise of transparency.  Some investors may initially be attracted by the spreads, but the real reason that so many traders like ECN is the chance to see how a real market operates.  There’s no lying or cheating; what you see is what you get.  For a lot of us, that’s all we really want:  A fair trade. Bear in mind, though, your old retail trader wasn’t necessarily out to cheat or lie to you.  It’s just that their business model doesn’t actually inspire confidence.  Add to that the frequent and numerous media reports of brokers who practiced all sorts of the illegal doings, and you’ve got a market full of traders and investors just begging for transparency. Tha

What is an ECN

Trading Articles
An electronic communication network (ECN) is the term used in financial circles for a type of computer system that facilitates trading of financial products outside of stock exchanges. The primary products that are traded on ECNs are stocks and currencies. ECNs increase competition among trading firms by lowering transaction costs, giving clients full access to their order books, and offering order matching outside of traditional exchange hours. ECN's are sometimes also referred to as Alternative Trading Networks How does an ECN work To trade with an ECN, one must be a subscriber or have an account with a broker that provides direct access trading. ECN subscribers can enter orders into the ECN via a custom computer terminal or network protocols. The ECN will then match contra-side or...
HotForex – Forex Broker Review

HotForex – Forex Broker Review

Forex Broker Reviews
HotForex is a worldwide provider of retail Forex trading services, offering individual forex traders, fund managers and institutional customers proprietary technology and tools to trade Forex online. Headquartered in Mauritius and supported by worldwide Customer Management Centre, HotForex offers Retail, IB and White Label Clients the opportunity to access interbank bank spreads via state of the art automated forex trading platforms. HotForex is a registered brand name of HF Markets Europe Ltd a Cypriot Investment Firm (CIF) under number HE 277582. Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12. Hotforex Trading Platform HotForex uses the MT4 also known as the Metatrader 4 trading platform. MetaTrader is the most popular front-end appl...