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Forex Trading What is a definition of ECN Account?
avatar Mymelody
Question by: Samanthar - 18 Apr 2017, 07:19:41
What is a definition of ECN Account?
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avatar user 12294
Answer by: Joseph - 18 Apr 2017, 07:25:05

ECN stands for electronic communication network, through which we trade Futures, CFDs, and Indices. It really is the way of the future for the Foreign Exchange Markets. ECN can best be described as a bridge linking smaller market participants with tier-1 liquidity providers through an ECN Broker. Thus, in ECN accounts you will get the tightest spreads on all the forex instruments.

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