ECN stands for Electronic Communications Networks (ECNs).
A Forex trading financial company such as Real-Forex which is a TRUE ECN Broker who uses electronic communications networks (ECNs) to provide its clients fast access to other members in the currency trading industry such as banks. Because an ECN broker consolidates price estimates from several leading banks, it can generally offer its customers better bid/ask than would be otherwise available to them.
Since an ECN Broker only accommodates deals between market members, it cannot trade against his consumers as there is no dealing desk or dealer intervention.
How do I know if my Forex Broker is an ECN Broker?
True ECN Broker has no dealing desk or dealer intervention with his customers trade.
“True ECN Broker = no conflict of interests”
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As any FX trader knows, your choice of a Forex broker can have a substantial impact on your trading performance. Real-Forex aims to be the right broker – giving forex traders the best advantages available in the market and being always an ally that will level the trading field for you.
Real-Forex offers institutional-level FX currency trading conditions, for private and corporate investors. We strive to provide our clients with superior technology and exemplary customer service through our live 24/5 online support and with one of the most advanced yet easy-to-use ECN platform on the market: the Real Stream FX platform.
Why trade with REAL FOREX?
when you trade with us you get:
- Tight spreads – starting from 1 pip only
- True FOREX ECN Broker – no dealing desk or dealer intervention
- Offset of all transactions – no conflict of interests
- Best bid offer – multibank streaming rates from world top 14 banks
- Fractional interbank pricing – 5 decimals
- Push technology – only executable quotes, NO Re-quotes
- Ultra fast execution – less than 50 milliseconds
- Over 30 currency pairs
- Fix API connection
- No hidden fees or extra charge