Medical Book
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Medical Book

Buy Textbooks | Autoclaves | stethoscopes | Buy Books Online | Buy Medical Textbooks | Textbooks | Equipment | Nutrition | USMLE | MRCP | MRCS | Dental | Sport Medicine | Cardiology | Medical Textbook | Surgery | Pregnancy | Anatomy | Radiation | Pedia |
 
HomeLatest imagesPublicationsRegisterLog in

Share
 

 FXCC, a true ECN broker answers your questions;

View previous topic View next topic Go down 
AuthorMessage
john

john

Membership NO : 1
Male Posts : 1672
Join date : 2011-03-27

FXCC, a true ECN broker answers your questions; Empty
PostSubject: FXCC, a true ECN broker answers your questions;   FXCC, a true ECN broker answers your questions; Icon_minitimeSun Nov 20, 2011 3:39 pm

Brief history of FXCC:

Founded in 2010 we received our CySec Regulation
(License Number 121/10) in September 2010. Our FSA Registry followed in
2011 (Firm Reference Number 549790).


The product we offer is a true ECN environment.
We don’t do dealing desks, so there is no price manipulation. Platforms
on offer include MT4 (with our ECN bridge), Currenex and iTrader for
iPhone and iPad




Dear Traders, you may have heard a lot
about ECN FOREX TRADING, and may be for so many traders (of course
non-experienced traders) the term ECN is unclear or means nothing for
them. I’d like to invite you all to read this post, afterward I’d be
more than happy to answer all your inquiries and questions you might
have.


Please allow me to take a bit of time out to
briefly introduce myself to you. My name is Saed, and I am a
representative of FX Central Clearing Ltd (FXCC), I will be answering
any questions or issues you may have as new or existing clients of FXCC
or any questions you may have about forex trading in general.

What is ECN?


ECN, which stands for Electronic Communication Network
and can best be described as a bridge linking smaller market
participants with tier-1 liquidity providers through a FOREX ECN Broker.

This linkage is done using sophisticated
technology setup named FIX Protocol (Financial Information Exchange
Protocol). At one end, the broker obtains liquidity from tier-1
liquidity providers (Major Banks) and makes it available for trading to
its clients. On the other side, the broker delivers clients' orders to
Liquidity Providers for execution.

An ECN broker benefits from commission fees per
transaction. The higher trading volume the broker's clients generate,
the higher the broker's profitability.


What are the advantages of ECN?

Tight Spreads, multiple liquidity providers and tier-1 banks feed
our system with live prices, and our price aggregator scans the best
available bid/ask price among the received prices and offers it to our
client for trading. For example typical spread on the Euro is about 0.5
pips.


No Dealing Desk, We are true ECN, there is absolutely no dealer intervention, we place your trade out there into the liquidity 'pool' from our providers. ECN broker has no conflict of interest with its clients and does not trade against them.

No trading restrictions,
are you a scalper or news trader? Do you use EAs or automated trading
strategies? YES! But your Market Maker broker says No scalping! And
keeps re-quoting you while news releases! And disable the usage of EAs
when they are profitable!!!

So it’s the time to move to a true ECN broker who welcomes all your trading styles and strategies.



What is the disadvantage of ECN?

When it comes to disadvantages, the only one WAS
the lack of user friendly platform. ECN brokers trading platforms used
to be very complicated and not easy to navigate, it WAS taking traders
long time to become familiar with the platform features. But as I said
(WAS). Now, traders can use their lovely & user-friendly MT4 to
trade ECN forex, beside VIKING the neat and friendly new version of the
giant ECN platform CURRENEX.




Real Money Doubling Forex Robot Fap Turbo - Sells Like Candy!
ORDER NOW
FXCC, a true ECN broker answers your questions; FapGIF2010-5

READ MORE ABOUT IT

Share
Back to top Go down
 

FXCC, a true ECN broker answers your questions;

View previous topic View next topic Back to top 
Page 1 of 1

 Similar topics

-
» 100 Questions & Answers About Diabetes (100 Questions & Answers Series)
» Questions & Answers About Congestive Heart Failure (100 Questions)
» 100 Questions & Answers About Diabetes
» 100 Questions & Answers About Kidney Dialysis
» Tips on choosing the right forex broker

Permissions in this forum:You cannot reply to topics in this forum
Medical Book :: Forex :: Forex Education and Learning-