Understanding ECN And STP Forex Brokers

In forex trading, No dealing desk or NDD brokers provide traders with direct access to the interbank market. These brokers do not offer re-quotes on client orders. Therefore, NDD brokers are either Straight Through Processing (or STP brokers) or Electronic Communications Network (or ECN brokers). The main difference between them is that STP brokers send client orders directly to liquidity providers, whereas ECN forex brokers also allow interaction between clients’ orders.

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Trusted Forex Brokers – How To Identify

If you are planning to start forex trading, the first and foremost thing that you should do is to identify a few trusted forex brokers so that you can evaluate each one of them and then decide to work with the broker who best meets your needs. Generally, beginners identify the right forex broker through trial and error method which may sometimes prove to be very costly. In this article, we will look at some of the aspects that you must take into account in order to identify a trusted forex broker. We will also include the names of some of the trusted forex brokers that we recommend. If you follow some of the tips given in this article, you will not only save time but also avoid errors.

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Trusted Forex Broker : FXCM UK

FXCM UK Best forex broker

Website: FXCM UK
Established: 1999
Headquarters: London, UK
Regulation: FCA UK, CFTC, NFA, ASIC.
Min. Deposit: USD $50
Account Types : Basic, Premium, Active
Spread: Starting 0 Pips
Min.Lot size: 0.01
Leverage: up to 1:200
Scalping: Allowed
Expert advisors (EA Robot) : Allowed
Payments Options: Wire Transfer, checks and Credit Cards
Trading Platform: MetaTrader 4, Proprietary platform. Available for Comp/iPhone/iPad/Android.

open Account forex with FXCM UK broker

FXCM UK Review
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