ECN Trading

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.

On an ECN trading platform, orders are matched and executed by the 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 system you can rest assured there is no dealing desk and that your trade will always be executed at the best possible price. An ECN trading account can also offer plenty of flexibility in that you can deal in a range of instruments without having to set up multiple accounts.

When you access any of the above instruments via your ECN trading system, it’s crucial that you understand the risks involved. As an ECN account broker, we will always execute your trade at the best available price, but that promise does not guarantee you will make 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 issues and even freak weather conditions can all have an impact, so traders need to make sure they’ve done their research and weighed up all the determining factors before they embark upon their ECN trading journey.