TRUE ECN ACCOUNT

Pricing directly from the banks with no middleman intervention.

Each of our clients receives the same ECN pricing and the same raw ECN spreads from our Tier 1 liquidity providers regardless of account size.

Electronic Communication Network (ECN) is a bridge connecting retail, wholesale and institutional clients and other traders round the world with liquidity providers and eliminates the role of the traditional middleman. Traders get access to different prices from a variety of market participants directly on their trading platforms and are shown the best bid and ask prices available in the market. The matching and execution of orders ensues automatically and in this way the trader can always be sure that the broker they are using does not have any dealing desk involvement against them or the trade is processed on an STP (straight through process) basis. For each transaction, traders are charged a small fee by the broker. In simple terms an ECN provides the best available spread to the trader from the current market participants.

During high levels of liquidity clients may see spreads as low as zero. Afx Markets Online has integrated the ECN pricing into the world’s most commonly traded platform Metatrader 4. This ensures our clients have the same functionality as other traders with access to true interbank pricing.

ECN trading has been a milestone in the modern forex industry due to the transparency, ease and advantages that it entails. With direct access to liquidity providers and automatic matching and execution of orders, it has become the way forward for a vast majority of forex traders around the world.

OPEN A TRUE ECN ACCOUNT

ACCOUNT SPECIFICATIONS

  Account Currency: USD
Trading Platform: MetaTrade 4, WebTrader and Mobile Trading
Maximum Leverage: 1:200
Maximum deposit: Non
Minimum deposit: $500
Minimum trade size (Lots): 0.01 lot
Commission: From $3
Order execution: Instant execution
Market Execution: Yes
Trade size increment: 5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals
Spread: $0
Margin Call: 70%
Stop Out Level: 30%
Trading Instruments: Forex, Indices, metals and energies
One Click Trading: Yes
Maximum Volume per Trade: 80 standard lots
Max Simultaneous Open Orders: 400
Maximum Total Trade Size (Lots): 100 standard lots
Trading Styles Allowed: Hedge, scalping allowed
Personal Account Manager: Yes
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