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Thread: ECN Broker

  1. #1

    Question ECN Broker

    Hi folks,

    can you recommend me an ECN Broker with the following criteria:

    - MT4
    - smallest minimum deposit as possible
    - deposit guarantee
    - scalping and hedging (so NFA members fall away) should be allowed
    - smallest lots as possible (0.01-0.10)

    Thank you for your suggestions!
    Best regards!

  2. #2
    Junior Member
    Join Date
    Dec 2009
    Posts
    1

    Default

    Hi,

    Sorry only few serious ECN arround and only one supporting MT4 is NFA ( MB trading. So you are asking for impossible combination you can find ECN not NFA but not MT4 ( dukascopy ) but I think they have a connector to MT4 but it will be on your own.

    Regards
    FX 13

  3. #3

    Default

    gomarkets
    Quote Originally Posted by Meister_Propper View Post
    Hi folks,

    can you recommend me an ECN Broker with the following criteria:

    - MT4
    - smallest minimum deposit as possible
    - deposit guarantee
    - scalping and hedging (so NFA members fall away) should be allowed
    - smallest lots as possible (0.01-0.10)

    Thank you for your suggestions!
    Best regards!

  4. #4

    Default

    Go Markets are not ECN yet, they claim that they will offer an ECN Account starting this month but I don't know know any particulars about this account.

  5. #5

    Default

    Quote Originally Posted by Meister_Propper View Post
    Hi folks,

    can you recommend me an ECN Broker with the following criteria:

    - MT4
    - smallest minimum deposit as possible
    - deposit guarantee
    - scalping and hedging (so NFA members fall away) should be allowed
    - smallest lots as possible (0.01-0.10)

    Thank you for your suggestions!
    Best regards!
    Are you kidding?! You gonna have to give up some of those conditions if you want an ECN account. I know jadefx is kind of low, $400.00 to open an account, commission is half a pip and minimum trade is 10,000 units. Have you checked with fxopen they also offer an ECN account.

  6. #6
    Junior Member
    Join Date
    Oct 2009
    Posts
    2

    Default

    I was searching for a Broker with same conditions and the only one i found afer a few weeks was broco. (Brocompany.com).
    Im trading for 3 months now and its working quite well.
    They have MT4 with an ECN Bridge, min. Deposit is around 250USD.

    Broco is a russian Broker but you can deposit via Moneybookes. I already didnt withdraw some money but some reviews in ForexpeaceArmy say, its working quite fast.

    Its important to open up an Investor (Not "Trader" account, that is Marketmaker-crap) Account.

  7. #7
    Member Denoiser's Avatar
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    Jan 2009
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    Hungary
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    88

    Default

    Interesting.

    You can read more about Broco below.

    BroCo Investments and Valery Maltsev

  8. #8
    Junior Member
    Join Date
    Oct 2009
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    Quote Originally Posted by Denoiser View Post
    Interesting.

    You can read more about Broco below.

    BroCo Investments and Valery Maltsev
    Owned!
    I think i should look out for an other broker......

  9. #9
    Junior Member
    Join Date
    Aug 2013
    Posts
    8

    Default

    Quote Originally Posted by Meister_Propper View Post
    Hi folks,

    can you recommend me an ECN Broker with the following criteria:

    - MT4
    - smallest minimum deposit as possible
    - deposit guarantee
    - scalping and hedging (so NFA members fall away) should be allowed
    - smallest lots as possible (0.01-0.10)

    Thank you for your suggestions!
    Best regards!
    Try Weltrade broker.

  10. #10

    Default ECN Broker

    Forex brokers work independently filling the buy and sell orders of their customers. There is not an organized exchange for Forex values like there are for stocks and futures. Electronic communication networks (ECN) allow a Forex broker to offer outside bid and ask prices to its customers. An ECN broker should be able to offer more consistent pricing.

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