ECN or STP ?

May 16, 2019 at 09:42
Vues 1,567
29 Replies
Membre depuis Aug 09, 2017   posts 785
May 16, 2019 at 09:42
Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more
Membre depuis Feb 08, 2019   posts 21
May 17, 2019 at 06:07
ECN 100%
Membre depuis Feb 08, 2019   posts 213
May 19, 2019 at 06:06
ECN my friend
Membre depuis 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!
Membre depuis Apr 23, 2019   posts 32
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.
Membre depuis May 14, 2019   posts 5
May 21, 2019 at 06:56
ECN, you get tight spreads.
Membre depuis Aug 27, 2017   posts 994
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!
Membre depuis Nov 01, 2018   posts 14
May 22, 2019 at 12:32
my vote too goes to ECN.
Membre depuis May 22, 2019   posts 11
May 22, 2019 at 13:47
Can someone explain WHY ECN is better than STP. They seem very similar to me
Membre depuis Jan 31, 2017   posts 202
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.
Membre depuis Aug 27, 2017   posts 994
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!
Membre depuis Apr 18, 2017   posts 920
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!
Membre depuis Aug 11, 2017   posts 886
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.
Membre depuis Aug 27, 2017   posts 994
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!
Membre depuis Jul 09, 2019   posts 38
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?
Membre depuis Oct 23, 2014   posts 83
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.
Membre depuis Aug 29, 2019   posts 11
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
Membre depuis Apr 18, 2017   posts 920
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!
Membre depuis Oct 19, 2019   posts 38
Nov 06, 2019 at 07:54
Its ECN for me anytime.
Membre depuis Nov 08, 2019   posts 26
Nov 08, 2019 at 07:24
ECN for sure.
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