mhmo2005
New Member
When it comes to the forex or currency market, you probably hear the phrase — ECN broker. Many use these two words frequently without even realizing their true meaning. If you are just starting your journey in the currency markets, you are probably curious to know what ECN brokers are, who they are and how they can help you. This guide will provide you with detailed information about ECN brokers and explain the benefits you can gain from dealing with them. let's start! What is an ECN broker? An ECN broker is a brokerage firm that operates through the Electronic Communication Network to facilitate trading in the currency exchange markets. An ECN broker is responsible for passing your orders to the interbank market or liquidity providers. This means that your trades are continually matched with those of other traders within the real market (which acts as an exchange to facilitate exchanges). There are many ECN brokers that you can open an account with, but before taking this step it is necessary to compare different brokers across sites like EarnForex to help you make the right choice throughout your journey.
