ECN Trading in the UAE

An electronic communication network (ECN) trading system uses market execution and enables you to trade on the raw price from the banks and liquidity providers while being charged a small commission. An ECN trading account from FXOpen is a popular option as it’s ideal for executing trades in high volume, while you can also use it to access a wide range of instruments.

Orders are matched and executed by the ECN broker while the trader is charged a small commission for that service. That commission means there is no premium placed on the raw spread.

When you use FXOpen’s ECN trading account, there is no dealing desk and your trade will always be executed at the best possible price. An ECN account can also provide plenty of flexibility in that it offers access to a range of instruments without having to set up multiple accounts.

When you trade any of the above instruments through your ECN account, it’s important to gain an understanding of the risks involved. As a true ECN broker, we will always execute your trade at the best available price, but there are no guarantees of earning a profit.

An ECN trading account is cost-effective and easy to use – especially when it comes to trading in large volumes. But the markets themselves are less predictable. Changes in supply and demand, geopolitical developments, economic trends and even freak weather conditions can all have an impact.

With that in mind, you need to ensure you’ve carried out a detailed analysis and carefully weighed up all the contributing factors before getting started with ECN trading in the UAE.