ECN or STP ?
Samuel Morton (lovethepips)
Member Since Dec 05, 2016
14 posts
May 20, 2019 at 12:32
ECN brokers should offer you tighter spreads and an overall better trading experience.
In a way, your question is not valid as STP brokers no longer exist in many parts of the world due to regulatory changes. Your only real options when choosing a retail Forex broker are ECN or market market.
I hope this helps.
In a way, your question is not valid as STP brokers no longer exist in many parts of the world due to regulatory changes. Your only real options when choosing a retail Forex broker are ECN or market market.
I hope this helps.
If I can do it, so can you!
Member Since Aug 27, 2017
994 posts
May 21, 2019 at 07:44
raybill posted:
ECN, you get tight spreads.
True! This is why, I prefer the business model of ECN trading brokers!
Member Since May 22, 2019
11 posts
May 22, 2019 at 13:47
Can someone explain WHY ECN is better than STP. They seem very similar to me
SCR Traders (Pikasso)
Member Since Jan 31, 2017
191 posts
May 27, 2019 at 19:34
Don't confuse ECN/DMA and NDD/STP . ECN and DMA - there are platforms, STP/NDD - there is technology of order execution/processing. ECN/DMA involves STP technology.
Trading system developers and strategy providers.
Member Since Aug 27, 2017
994 posts
May 27, 2019 at 19:53
Pikasso posted:
Don't confuse ECN/DMA and NDD/STP . ECN and DMA - there are platforms, STP/NDD - there is technology of order execution/processing. ECN/DMA involves STP technology.
That’s the story! Thanks for your meaningful words!
Aug 26, 2019 at 17:01
Adribaasmet posted:Pikasso posted:
Don't confuse ECN/DMA and NDD/STP . ECN and DMA - there are platforms, STP/NDD - there is technology of order execution/processing. ECN/DMA involves STP technology.
That’s the story! Thanks for your meaningful words!
Whatever; I would like to use ECN type trading broker because of the business model!
Member Since Aug 27, 2017
994 posts
Aug 27, 2019 at 13:51
Mohammadi posted:
before choosing a broker its more appropriate
to trade with a small account to see the real performance of any broker.
It’s good idea; but as I see; a number of traders follow this way since it’s a long term process! But the point is; it’s a secure way of selecting a trading broker!
Member Since Jul 09, 2019
38 posts
Oct 24, 2019 at 10:42
Pikasso posted:
Don't confuse ECN/DMA and NDD/STP . ECN and DMA - there are platforms, STP/NDD - there is technology of order execution/processing. ECN/DMA involves STP technology.
I’ve been trading at ECN a/c with Turnkeyforex for past 9 months but they also have separate account called STP a/c, what are the differences between these two?
Member Since Aug 29, 2019
11 posts
Oct 25, 2019 at 10:06
Stick with ECN fully independent. Go to market to get a trade. Do not rely on some broker matching at their chosen rate
Oct 26, 2019 at 11:24
flashoutline posted:
Stick with ECN fully independent. Go to market to get a trade. Do not rely on some broker matching at their chosen rate
Yes; it’s our own decision & traders need to select their broker only based on their trading requirements only!
