Choosing the right account ECN for your trading needs can be a tricky process. There are a lot of factors that you need to take into account before you open an account with a broker. It is important to find a broker that will work for you in terms of security and customer support. These factors will also determine whether or not your account will be profitable.
AximTrade
Besides the standard forex account, AximTrade also offers ECN accounts. ECN accounts are preferred by traders who prefer a more transparent pricing method. They offer favorable leverage levels and margins. They also offer a wide selection of trading instruments. They offer commodities, stocks, and indices. They recently added the cryptocurrency product to their list of trading tools.
AximTrade is a regulated broker and offers a competitive trading environment. They offer tight spreads, flexible leverage, and a proprietary trading platform. They provide round-the-clock customer support and are available in multiple languages. They also offer a 100% Rebate / Cashback program for all traders. They are a good choice for traders who want a reliable broker.
AximTrade does not offer services to residents of Gibraltar or the British Virgin Islands. They are also not regulated by the SVG financial authority, which is known for its lax regulation.
RoboMarkets
Founded in 2012, RoboMarkets is a Cyprus-based company that provides financial services to residents of the EU. It uses segregated accounts at top-tier banks. It offers a wide variety of financial instruments. It offers stocks, commodities, ETFs, forex pairs and CFDs.
RoboMarkets is a market maker and supports automated trading. It also provides a bespoke copy trading service.
RoboMarkets offers ECN accounts. These accounts allow clients to trade popular commodities, metals, and currencies. They offer a high degree of order execution speed. This type of account is intended for professional traders.
The company provides a range of risk management tools, including take profits and trailing stops. It offers an economic calendar, which is used to monitor market-moving reports. It also offers educational videos and articles.
Pepperstone
Traders looking for a high-quality ECN broker should consider Pepperstone. This is a highly reputable broker that offers low spreads, a wide variety of financial instruments, and a low-risk trading environment. It also provides a wide array of tools to help beginners and experienced traders alike.
Pepperstone offers two different account types: the Standard Account and the Razor Account. Each account has different commissions and spreads. In addition, the spreads vary depending on the price of the liquidity providers.
The Standard Account offers a range of institutional spreads on major currency pairs. This account type is perfect for novice traders who want to make their first foray into the market. In addition, Pepperstone’s STP Account is a great way to trade with no dealing desk execution.
FP Markets
FP Markets is an Australian based brokerage company. It offers a variety of trading accounts that are easy to access. The brokerage has a very good customer service team that is available to clients from all over the world. It also offers a range of educational materials and research.
FP Markets provides three types of account. The accounts are STP, ECN, and Standard. Each account is designed to meet the needs of different traders. All accounts provide extra-fast execution and allow traders to trade the same instruments. However, the spread on each account differs.
The Standard account is ideal for traders looking for a longer-term investment. It is also available with a lower spread than the ECN account. Its minimum spread is 1.0 pips.
JForex
Whether you are a novice trader or a seasoned veteran, there is a JForex account that is right for you. In addition to offering a variety of FX instruments, the platform offers a full suite of tools and features to help you make more informed decisions. The platform features a user-friendly cross-platform interface and is compatible with the Java,.Net and.Swift programming languages.
Whether you are looking to trade currencies, stocks or bonds, the JForex platform has a solution that will suit your trading needs. You can trade over 600 instruments on a single account and utilize the platform’s array of risk management tools. In addition to this, the platform features integrated STP trading technology to facilitate smooth order execution.