ECN (Electronics Communication Network) is the Forex model
available to trade on the Yadix MT4 forex platform. ECN uses a pool of
liquidity to provide the most competitive pricing and execution model for all
Yadix Traders.
When comparing ECN to a market making broker there are some
obvious advantages when trading using ECN/STP forex models. The ECN model
allows all trades to be executed to a pool of liquidity providers, at Yadix
there are more than 15 liquidity providers competing for clients’ trades. This
allows Yadix to display the lowest prices (without commissions or fees) for
traders to benefit from. Furthermore, the execution of orders is stable and reliable
during the most volatile market conditions as well as when liquidity in the market
place is thin.
The inclusion of multiple liquidity providers is critical
when comparing to some STP brokers who are supported by only a few liquidity
providers. Just like any business, the more providers you have for your
business, the greater the efficiency and better the prices become.
Anonymity is a major part of the ECN forex model that
ensures that all clients’ orders are submitted to the major banks and other
liquidity providers without any history of trades or identification of the
trading strategy being used. This is beneficial for clients using profitable
EAs, aggressive scalping strategies as anonymous trading fully protects your
trading strategy from ever being excluded or experiencing manipulation as you
might expect when trading with a dealing desk operation.
ECN provides the deepest liquidity pools for retail traders
that are usually reserved for institutional and professional level clients
through the Yadix MT4 forex platform. Yadix uses technology that aggregates all
bid and ask prices in the trading system and displays the best prices offered
by tier one liquidity providers to clients trading platforms. This means that
our clients always benefit from the best possible price and are always able to
execute trades without delays or re-quotes.
When trading with a dealing desk, and in any other
walk-of-life, whenever there is a winner, there is a loser, and visa-versa.
This means that if you are a successful trader, generating profits, then the broker
is losing money. Usually, this leads to exclusion from the brokerage, at the
same time, if you haven’t perfected your trading strategy and you’re are not
yet making forex profits, then you are the ideal client for a dealing
desk/market maker.
Sign up for a live trading account with Yadix to use the
trading benefits and conditions available.
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