ECN Trading in the UAE
FXOpen: ECN trading for the experts
Advantages of ECN trading in the UAE with FXOpen
One platform with multiple instruments and markets
With us as your ECN broker, you can use one platform and one account for commodities, indices, shares, forex, and cryptocurrency* CFDs.
You’re trading with an FCA regulated broker
based in the UK. Your funds are fully protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).
to your individual trading style and strategies, meaning you are in complete control of your ECN account.
Access to automated trading
You can download and use ready-made scripts and expert advisors or create a custom indicator or script, based on your strategy.
Access anytime, anywhere
via the desktop, web-based or mobile version of the MT4 and MT5 trading platforms.
Access to a wide range of analysis
50+ built-in indicators and graphic tools for technical analysis, quotes history centre, strategy tester and news, all designed to help you increase your ECN trading knowledge.
What is an ECN trading account?
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.
Which instruments can you access when ECN trading in the UAE?
The risks and rewards of ECN trading
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.
ECN trading in the UAE with FXOpen
All you have to do is fill out our simple registration form and verify your identification before you can start ECN trading in the UAE. So, why not contact us today or open an account and begin your trading journey.
What is an ECN broker?
True ECN brokers like FXOpen operate on a no dealing desk model, which means the broker matches a trader’s order either with a buyer or seller. ECN brokers make their money by charging a commission on all executed deals, so there is no conflict of interest with their clients.
Through ECN brokers, traders can execute deals on more than one instrument – for example shares, forex, indices or commodities. This prevents traders having to open multiple ECN accounts to access these markets.
What’s the difference between ECN and STP trading accounts?
Straight-Through Processing (STP) accounts differ from ECN accounts in that there is no separate commission to pay when a trade is executed because that commission is already included in the spread. STP trading accounts are perhaps more suited to novice traders who are looking to keep their pricing information simple. Find out more about STP and ECN trading accounts.
How to define success when ECN trading in the UAE
It’s important to have clearly defined goals when ECN trading. Each trader’s idea of success is unique, so the key is to make decisions with conviction, informed by the detailed research and analysis you have undertaken.
Before you begin ECN trading in the UAE, identify your objectives and lay out a plan for how you’re going to achieve them. It’s important to manage your expectations. There are no guarantees of making a profit with ECN trading, so be sure to have safeguarding measures in place to help you minimise and recover from any losses. As a true ECN broker, our interests align with yours and we want you to enjoy success, however you define it.
*Important: Cryptocurrency trading via CFDs is only available to our Professional clients. To find out more information about how this may affect you, please get in touch with our team.