ECN or STP ?

May 16, 2019 at 09:42
1,502 Visualizações
29 Replies
Membro Desde Aug 09, 2017   785 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
Membro Desde Feb 08, 2019   21 posts
May 17, 2019 at 06:07
ECN 100%
Membro Desde Feb 08, 2019   213 posts
May 19, 2019 at 06:06
ECN my friend
Membro Desde 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!
Membro Desde Apr 23, 2019   32 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.
Membro Desde May 14, 2019   5 posts
May 21, 2019 at 06:56
ECN, you get tight spreads.
Membro Desde 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!
Membro Desde Nov 01, 2018   14 posts
May 22, 2019 at 12:32
my vote too goes to ECN.
Membro Desde 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
Membro Desde Jan 31, 2017   201 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.
Membro Desde 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!
Membro Desde Apr 18, 2017   920 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!
Membro Desde Aug 11, 2017   886 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.
Membro Desde 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!
Membro Desde 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?
Membro Desde Oct 23, 2014   83 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.
Membro Desde 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
Membro Desde Apr 18, 2017   920 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!
Membro Desde Oct 19, 2019   38 posts
Nov 06, 2019 at 07:54
Its ECN for me anytime.
Membro Desde Nov 08, 2019   26 posts
Nov 08, 2019 at 07:24
ECN for sure.
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