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ECN or STP ?

Imamul
May 16 2019 at 09:42
685 posts
Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more

CRPA9
May 17 2019 at 06:07
21 posts
Treeny
May 19 2019 at 06:06
211 posts
Samuel Morton (lovethepips)
May 20 2019 at 12:32
14 posts
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.

If I can do it, so can you!
Alexsajed
May 20 2019 at 17:31
32 posts
ECN” stands for “Electronic Communications Network”. ECN brokers construct and utilize such networks to match their client's trade orders directly with others.

Baileyhart
May 21 2019 at 06:00
10 posts
Forex brokers are either market makers or pass trades to liquidity providers. ... STP and ECN brokers are fitting in this category. Before discussing the difference between STP (Straight Through Processing) and ECN (Electronic Communication Network),

Baileyhart
May 21 2019 at 06:00
10 posts
Forex brokers are either market makers or pass trades to liquidity providers.

raybill
May 21 2019 at 06:56
5 posts
ECN, you get tight spreads.

Adribaasmet
May 21 2019 at 07:44
994 posts
raybill posted:
ECN, you get tight spreads.


True! This is why, I prefer the business model of ECN trading brokers!

millerwe
May 22 2019 at 12:32
14 posts
DeutschDom
May 22 2019 at 13:47
11 posts
Can someone explain WHY ECN is better than STP. They seem very similar to me

SCR Traders (Pikasso)
May 27 2019 at 19:34
174 posts
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.
Adribaasmet
May 27 2019 at 19:53
994 posts
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!

AniLorak
Aug 26 2019 at 17:01
920 posts
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!

Mohammadi
Aug 27 2019 at 13:26
886 posts
before choosing a broker its more appropriate
to trade with a small account to see the real performance of any broker.

Adribaasmet
Aug 27 2019 at 13:51
994 posts
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!

lavis_book
Oct 24 2019 at 10:42
38 posts
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?

rickyb
Oct 25 2019 at 00:49
83 posts
stp brokers can take opposite side on some losing traders then sends rest winning trades to ecn. so always go ecn.

flashoutline
Oct 25 2019 at 10:06
11 posts
Stick with ECN fully independent. Go to market to get a trade. Do not rely on some broker matching at their chosen rate

AniLorak
Oct 26 2019 at 11:24
920 posts
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!

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