ECN or STP ?

May 16, 2019 at 09:42
Vistas 1,903
29 Replies
Miembro desde Aug 09, 2017   posts 598
May 16, 2019 at 09:42
Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more
Miembro desde Feb 08, 2019   posts 23
May 17, 2019 at 06:07
ECN 100%
Miembro desde Feb 08, 2019   posts 200
May 19, 2019 at 06:06
ECN my friend
Miembro desde Dec 05, 2016   posts 14
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.
If I can do it, so can you!
Miembro desde Apr 23, 2019   posts 30
May 20, 2019 at 17:31
ECN” stands for “Electronic Communications Network”. ECN brokers construct and utilize such networks to match their client's trade orders directly with others.
Miembro desde May 14, 2019   posts 5
May 21, 2019 at 06:56
ECN, you get tight spreads.
Miembro desde Aug 27, 2017   posts 875
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!
keeping patience.......
Miembro desde Nov 01, 2018   posts 12
May 22, 2019 at 12:32
my vote too goes to ECN.
Miembro desde May 22, 2019   posts 9
May 22, 2019 at 13:47
Can someone explain WHY ECN is better than STP. They seem very similar to me
Miembro desde Jan 31, 2017   posts 147
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.
Miembro desde Aug 27, 2017   posts 875
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!
keeping patience.......
Miembro desde Apr 18, 2017   posts 700
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!
Miembro desde Aug 11, 2017   posts 870
Aug 27, 2019 at 13:26
before choosing a broker its more appropriate
to trade with a small account to see the real performance of any broker.
Miembro desde Aug 27, 2017   posts 875
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!
keeping patience.......
Miembro desde Jul 09, 2019   posts 37
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?
Miembro desde Oct 23, 2014   posts 77
Oct 25, 2019 at 00:49
stp brokers can take opposite side on some losing traders then sends rest winning trades to ecn. so always go ecn.
Miembro desde Aug 29, 2019   posts 10
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
Miembro desde Apr 18, 2017   posts 700
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!
Miembro desde Oct 19, 2019   posts 35
Nov 06, 2019 at 07:54
Its ECN for me anytime.
Miembro desde Nov 08, 2019   posts 23
Nov 08, 2019 at 07:24
ECN for sure.
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