FXOpen: ECN trading for the experts
Advantages of ECN trading with FXOpen
One platform with multiple instruments and markets
With us as your broker, you can use one platform for commodity trading (metals and energy only) as well as indices, shares, forex and cryptocurrency* CFDs.
You're trading with an FCA regulated broker
based in the UK. Your funds are fully protected up to £85,000 by the FSCS.
to your individual trading style and strategies, meaning you are in complete control of your commodity trading.
Access to automated trading
You have the choice to download and use ready-made scripts and expert advisors or create a custom indicator or script, based on your very own trading strategy.
Access anytime, anywhere
via the desktop, web-based or mobile version of the MT4 trading platform. The web-based version is particularly useful for Apple Mac users, where a direct download is not available.
Access to a wide range of analysis
50+ built-in indicators and graphic tools for technical analysis, quotes history center, strategy tester and news, all designed to help you increase your trading knowledge.
What is an ECN trading account?
Which instruments can you access via ECN trading?
The risks and rewards of ECN trading
An ECN trading account is cost-effective and easy to use – especially when it comes to trading in large volumes – but the markets themselves are less predictable. Changes in supply and demand, geopolitical issues and even freak weather conditions can all have an impact, so traders need to make sure they’ve done their research and weighed up all the determining factors before they embark upon their ECN trading journey.
ECN trading with FXOpen
All you have to do is fill out our simple registration form and verify your identification before you can start trading. So, why not contact us today or open an account and enjoy the benefits of our ECN trading platform.
What is an ECN account broker?
ECN account brokers like FXOpen operate on a no dealing desk model. That means the broker matches a trader’s order either with a buyer or seller, depending on the nature of the order. ECN account brokers make their money by charging a commission on all executed deals, and as such have no conflict of interest with their clients. Through ECN brokers, traders can typically execute deals on more than one instrument – such as forex, indices and commodities. This means clients do not have to open multiple ECN trading accounts to access these markets.
What’s the difference between ECN and STP trading accounts?
Straight Through Processing (STP) accounts differ from ECN accounts in that there is no separate commission to pay when a trade is executed. Instead, that commission is already included in the spread. STP trading accounts are perhaps more suited to novice traders who are looking to keep their pricing information simple. Find out more about STP and ECN trading accounts.
How to define success in ECN trading?
When you start out on your ECN trading journey,
it’s important to have clearly defined goals. One trader’s
idea of success will look very different to that of another,
but the key is to make your decisions with conviction, backed up
by the in-depth research and analysis you have carried out.
Before you open your ECN trading account, set out your objectives and how you’re going to achieve them and be careful to manage your expectations. There are no guarantees of making a profit with ECN trading, so be sure to have a strategy in place should you make any losses. As an ECN account broker, our interests align with yours and we want you to enjoy success, however you define it.
*Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients.