Brokers who work on the ECN markets are often considered to be counterparties to conventional forex transactions. One of the main reasons for that is because they operate on a settlement basis. They don’t worry about working on a pricing basis. Many market makers offer fixed spreads to their clients, but in ECN markets, the spreads generally tend to vary. The biggest factor that determines the amount of variance is the trading activity of the pair.
HiWayFX offers ECN NDD Accounts covering the trading needs of advanced traders. With leverage up to 1:500, spreads starting from 0 pips, high speed of execution and best prices, traders get the best possible conditions for each order they place.
- See more at: https://goo.gl/oJSaS7
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