Ecn Or Market Maker Broker? - Forex Forum

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> Ecn Or Market Maker Broker?
MINTED
post Jul 15 2009, 1:12
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I intend to Scalp (as a test bed), but have read that many companies frown on this method, while others don't mind?

Is anyone using a ECN?
If so...which one and why?

I will using MT4?
Is that the correct one?

Alternatives ?
cooltrader
post Jul 15 2009, 3:21
Post


Hi ....

I am currently trading on MT4 platform with WSD global markets....This brokerage firm tht i trade with offers ECN which is instant execution of trades when I am not in front of the screen ...its automated and helps do risk management and exit policies on my trades.....

good luck

addyson
post Sep 11 2009, 20:13
Post


I’m not that sure if you are asking for a broker or a robot?...

Any way, a good broker I would recommend ACM, they are market makers… I trade with them and now they offer 6 account types with very good spreads (I have the standard one and the spreads are very good).
http://www.ac-markets.com/online-forex/spread-rates.aspx

Now, MT4 is not a robot is a platform. ACM also offers it, so you can see the info in their site. Honestly, I wouldn’t recommend it… try to find a broker whose platform you like and you have no need to add anything.
Regards!

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