thing that will keep smaller traders away as it means to do a complete round-trip in the forex markets you are going to pay. Because of this, the broker is out of reach for a lot of people. Does the execution work in a manner that suggests the Forex broker is a true ECN broker or something close to it? How to Choose the Best ECN Forex Broker? Who are the Real ECN Forex Brokers?
However, if you have the correct sized account this is the Cadillac of brokers as you can trade just about everything from the same platform. Additionally, ECN brokers tend to require higher minimum trade sizes in these kinds of non-Forex instruments. The network is only as good as its source. These days, there is no reason why anyone with a significant amount to deposit should put up with a total spread and commission equaling more than 1 pip on the benchmark EUR/USD Forex currency pair. For example, at the time of writing, the United Kingdom government protects everyones deposit with any regulated broker up to a maximum amount of GBP 75,000. Platform, the TraderWorkstation is a proprietary platform that IB offers. You will never hear a word about scalping, or placing an order within the current spread. Fixed spreads are only available through market making brokers. It should be noted that this is a professional platform, and as such has variable spreads. When choosing any Forex broker, you should start from how much money you want to deposit, what kind of instruments you want to trade, how often you want to trade, and where you are located. Most brokers claiming to be ECN brokers are probably telling the truth about this at least, online viel geld machen although if you see large spreads, spreads that never seem to really vary, or continuously slow execution, they are almost certainly not. One way to compare spreads is to open demo accounts at each of your candidate brokers to see what their spreads really are.