Hi wonder if anyone can tell me the difference between ECN broker and a regular broker?
Or are there more types of brokers with the metatrader platform
Is an ECN brooker never ever gonna let u put TP/SL,,, so i have to modify the order.?
Or is there any ECN brooker that will let you put in TP/SL??
In regular broker/account - you can place the trade with simultanious tp/sl (in metatrader). if enc so we are doing it by 2 steps: at first - we are openning the trade, and after that only - we can modify this trade for tp/sl.
In Metatrader - we can easy identify enc/stp - or regular account/broker. if we can not place tp/sl duignt the openning the trade - this is enc account.