ECN or STP ?

[Max Trade]

Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more

 

[Lee Mark]

Both are useful, I seem traders need to focus on regulation status mainly rather than their business model! Market maker brokers are costly, they block traders trading capital after making a decent Profit.

 

[Faal]

I think, traders need to select their trading platform in order to their own requirement! Such as, new traders should use education friendly trading platform, for good skilled Forex traders, flexible live trading facilities and features!

 

[robert.miner]

all good as a means of trading.

 

[Svetlana Loboda]

all good as a means of trading.

Yes, but traders need to select the trading broker according to the requirements of their own trading strategy! There have so many options but we need to follow our own path!

 

[Atanas]

Which platform is more appropriate to the concept of scalping ? ECN or STP ? any advantage from one more

Both are useful, but complete STP broker is much better. Such a broker has lower spreads and execution speed. I use Forexchief broker, as far as I can tell, their platform is 100% favorable for scalping.

 

[Svetlana Loboda]

Both are useful, but complete STP broker is much better. Such a broker has lower spreads and execution speed. I use Forexchief broker, as far as I can tell, their platform is 100% favorable for scalping.

So, are you a scalper? How many pairs you have been using for scalping?

 

[Tom Latham]

I have no intention on brokers business model; because my concern on their regulation & my wanted trading features; that’s all! By the way, I have both experience for live trading.

 

[Atanas]

So, are you a scalper? How many pairs you have been using for scalping?

Most of the majors actually. EURUSD, GBPUSD, AUDUSD and a few others. I excluded USDJPY from the list, I don't like how it moves sometimes.

 

[Tom Latham]

Most of the majors actually. EURUSD, GBPUSD, AUDUSD and a few others. I excluded USDJPY from the list, I don't like how it moves sometimes.

But USDJPY is my favorite one; I know, sometimes it different but the point is; my strategy provides high success ratio for this popular trading pair!

 

[Gito Dinev]

Both STP and ECN operate as no dealing desk implying that the traders’ orders are forwarded to the interbank market without being processed by the dealing desk.

 

[Mark Dahl]

ECN stands for electronic communications network and STP stands for straight-through processing. ECN brokers execute by matching client orders and STP brokers execute bypassing client orders directly to an external liquidity provider

 

[soilacasa]

I personally prefer ecn execution, been using ecn account on coinexx for about 2 years now, spreads are the lowest and the orders are executed instantly.

 

[FXOpen Trader]

I personally prefer ecn execution, been using ecn account on coinexx for about 2 years now, spreads are the lowest and the orders are executed instantly.

We need to make use of Spreads in a way that the results are good for us in the terms of the profits.

 

[Eduardo Lucchese]

Generally, ECN brokers are given higher priority than STP brokers. It is because ECN brokers are technologically flourished and provide comparatively better security than that of STP brokers. Their market dominance level is higher and highly authorized brokers indeed. So traders find trust in them.

 

[FXOpen Trader]

Generally, ECN brokers are given higher priority than STP brokers. It is because ECN brokers are technologically flourished and provide comparatively better security than that of STP brokers. Their market dominance level is higher and highly authorized brokers indeed. So traders find trust in them.

When we are trading in the ECN trading accounts our income can also get increased.

 

[FXOpen Trader]

ECN is good.

I can say for sure that doing our trades into the ECN Trading accounts will give us the Best Results.

 

[Cedric Fenech]

ECN accounts are better. I have one with turnkeyforex, and it has the lowest spreads. Even the trade execution is quicker.

 

[FXOpen Trader]

ECN accounts are better. I have one with turnkeyforex, and it has the lowest spreads. Even the trade execution is quicker.

With the help of the ECN trading based accounts we can start getting the profits.

 

[Cedric Fenech]

With the help of the ECN trading based accounts we can start getting the profits.

Yes, but consistent profits would depend upon the experience of the trader as well.