What is ECN Forex Broker ?
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ECN, which appears for Automated Interaction System, really is the way of the long run for the Overseas Change Marketplaces. ECN can best be described as a link back links lesser market individuals with tier-1 assets services through a FOREX ECN Agent.
This linkage is done using innovative technological innovation build known as FIX Method (Financial Information Change Protocol). At one end, the broker gets assets from tier-1 assets services (Major Banks) and makes it available for dealing to its customers. On the other side, the broker provides customers' purchases to Liquidity Providers for performance.
An ECN broker benefits from commission payment rate charges per deal. The greater dealing amount the broker's customers produce, the greater the broker's earnings.
Forex Broker
ECN Forex Trading