ECN BROKERS FOREX
Any idea what are the ECN forex brokers’ required minimum for openning any individual account?
It seems not many around where I live to start off with
Read that ECN the only brokers who are not the counterparty trading against traders
Are you asking about opening a forex account or are you trying to become an ECN broker? Can’t help you with the latter.
As for the other, everything is done online now. Hardly anyone walks into a brick and mortar building to open an account. Just register online, wire the money, download a trading platform, and you’re ready to trade.
The internet has standardized everything, made an even playing field, and spreads are compatible across the board.
I get better fills with forex futures, and since futures are regulated, I did away with a lot of the BS in the forex spot market. I do trade both, but had to move around until I found a forex broker that would trade a market order in fast markets, for example.
I like the free NinjaTrader platform with the free Zenfire data feed for futures, and the free Gain feed for forex spot data, but they have to be on separate computers.
You can download the Ninjatrader program here:
http://www.ampfutures.com/index.php
You can use it with the live data feed for several months before being required to fund an account, so download it and try it out.
PathFinder Trader: How to place and modify OCO orders on the DOM/ DOME/ Price Ladder / Scalper Book