ECN or STP ?

May 16, 2019 at 09:42
1,895 Views
29 Replies
Member Since Aug 09, 2017   598 posts
May 16, 2019 at 09:42
Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more
Member Since Feb 08, 2019   23 posts
May 17, 2019 at 06:07
ECN 100%
Member Since Feb 08, 2019   200 posts
May 19, 2019 at 06:06
ECN my friend
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.
If I can do it, so can you!
Member Since Apr 23, 2019   30 posts
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.
Member Since May 14, 2019   5 posts
May 21, 2019 at 06:56
ECN, you get tight spreads.
Member Since Aug 27, 2017   875 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!
keeping patience.......
Member Since Nov 01, 2018   12 posts
May 22, 2019 at 12:32
my vote too goes to ECN.
Member Since May 22, 2019   9 posts
May 22, 2019 at 13:47
Can someone explain WHY ECN is better than STP. They seem very similar to me
Member Since Jan 31, 2017   147 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   875 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!
keeping patience.......
Member Since Apr 18, 2017   700 posts
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 11, 2017   870 posts
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.
Member Since Aug 27, 2017   875 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!
keeping patience.......
Member Since Jul 09, 2019   37 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 Oct 23, 2014   77 posts
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.
Member Since Aug 29, 2019   10 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
Member Since Apr 18, 2017   700 posts
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!
Member Since Oct 19, 2019   35 posts
Nov 06, 2019 at 07:54
Its ECN for me anytime.
Member Since Nov 08, 2019   23 posts
Nov 08, 2019 at 07:24
ECN for sure.
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