Forex Lasers Forum  

Go Back   Forex Lasers Forum > FOREX BROKERS > Broker Talk


Did you know ECN broker don't charge a spread?

Broker Talk


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 23-03-2009, 23:29
Level 1 Lasers Member
 
Join Date: Mar 2009
Posts: 4
Default Did you know ECN broker don't charge a spread?

I didnt either, but I was told that this is true and Im looking into it, so for those of you who have any experience please comment.
Reply With Quote
  #2  
Old 23-03-2009, 23:54
Level 1 Lasers Member
 
Join Date: Mar 2009
Posts: 2
Default

ECN brokers like MBTrading does not make any money from the spread difference. They only make money on the commissions that they charge to put your with the buyer or seller.
Reply With Quote
  #3  
Old 22-12-2011, 11:46
Level 1 Lasers Member
 
Join Date: Dec 2011
Posts: 15
Default Re: Did you know ECN broker don't charge a spread?

Quote:
Originally Posted by jkrick33 View Post
I didnt either, but I was told that this is true and Im looking into it, so for those of you who have any experience please comment.
Brokers who does not charge commissions are brokers who earn just from the spreads. Such brokers are ECN STP that are connected to the real market and their profits is an outcome of their clients volumes and not anything else. Unfortunately, some brokers call themselves ECN but they are actually notÖ From my experience, I found out that real ECN brokers were Alpari, Sunbird fx & ACM. I am sure that there are others but in these brokers I had/have live accounts so I can tell if they are ECN or notÖ
Reply With Quote
  #4  
Old 08-09-2014, 09:40
Level V Lasers Member
 
Join Date: Apr 2013
Location: www.tickmill.com
Posts: 678
Default Re: Did you know ECN broker don't charge a spread?

I am now more prefer to use ECN brokers, ECN broker provides you direct access to the market. The broker earns only from commissions paid by the customer. Armada Markets is one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.
Reply With Quote
  #5  
Old 12-11-2014, 09:33
Level IV Lasers Member
 
Join Date: Oct 2012
Posts: 144
Default Re: Did you know ECN broker don't charge a spread?

No spread would come with a commission. Is that the broker you're looking for?
Reply With Quote
  #6  
Old 09-02-2015, 09:13
Level V Lasers Member
 
Join Date: Apr 2013
Location: www.tickmill.com
Posts: 678
Default Re: Did you know ECN broker don't charge a spread?

Quote:
Originally Posted by Flintoff View Post
No itís not true I donít know who told you this but it is completely incorrect. ECN does charge spread but it is very low while it is common sense as how can a company survive if they donít earn? I trade with OctaFX broker and they are a true ECN broker company and also have won the best ECN broker award as well while they do charge spread but it is just 0.2 pips, so that is excellent for us.
I think your broker also provide the spread charged to the client. Tickmill brokers also provide a spread with Spreads from 0 pips. I like trading with ECN/STP account in Tickmill. ECN/STP model provides clients with direct access to the other Forex market participants (retail and institutional). Broker do not compete with clients or even trade against them. This grants clients more advantages over dealing desk market makers.
Reply With Quote
  #7  
Old 13-02-2015, 09:52
Level IV Lasers Member
 
Join Date: Oct 2012
Posts: 144
Default Re: Did you know ECN broker don't charge a spread?

Quote:
Originally Posted by jkrick33 View Post
I didnt either, but I was told that this is true and Im looking into it, so for those of you who have any experience please comment.
I Have never heard about such a thing like this, can you please tell more about it. I see all brokers claimed they are true ECN broker always charge spread (or commission).
Reply With Quote
  #8  
Old 16-02-2015, 07:47
Level V Lasers Member
 
Join Date: Apr 2013
Location: www.tickmill.com
Posts: 678
Default Re: Did you know ECN broker don't charge a spread?

Quote:
Originally Posted by vmusci87 View Post
I Have never heard about such a thing like this, can you please tell more about it. I see all brokers claimed they are true ECN broker always charge spread (or commission).
I also have never heard of it, I guess all brokers charge spreads or commissions apply to traders. every trader should look at how the performance of the broker to ensure the workings of the broker
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
spread betting jbell Indicators Discussion 8 28-09-2009 09:49
Beating the Spread with SSS and M5 jboersema Beginner Talk / Q and A 0 30-06-2009 02:50


All times are GMT. The time now is 11:34.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2018, vBulletin Solutions, Inc.