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When should I use an ECN or an retail account?

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Ovidiu Caslariu
7845
Ovidiu Caslariu  

In what cases is better to have an ECN account instead of a retail account when trading Forex? Should it always be my option or does it depend upon different factors?

Ubzen
5394
Ubzen  
MetaSky:

In what cases is better to have an ECN account instead of a retail account when trading Forex? Should it always be my option or does it depend upon different factors?

I'll recommend you go through the lessons. Here & Here.
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Alain Verleyen
Moderator
32030
Alain Verleyen  
MetaSky:

In what cases is better to have an ECN account instead of a retail account when trading Forex? Should it always be my option or does it depend upon different factors?

Usually ECN brokers have lower spread and a commission. So it would be interesting if your strategy is sensitive to spread.

Ovidiu Caslariu
7845
Ovidiu Caslariu  

Are the services better from one another through performance perspective?

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