FXOpen launches first ever MT4 ECN platform
FXOpen has been in public beta testing since April 28th on its new MT4 ECN and anyone interested can download it and try it out.
(I know that most of people are completely confused by the MM/STP/ECN/DD/NDD terms so I’ll write a post next week explaining the exact differences). For now, I’ll just explain that an ECN broker is a broker that lets you actually participate in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term marketplace and you buy/sell to and from other traders, unlike STP or a Market Maker).
I prepared a much more indepth review lately so this one is no longer relevant. Read the through review here: https://www.financemagnates.comfxopen’s-mt4-ecn-is-much-better-than-originally-thought/.
FXOpen has been in public beta testing since April 28th on its new MT4 ECN and anyone interested can download it and try it out.
(I know that most of people are completely confused by the MM/STP/ECN/DD/NDD terms so I’ll write a post next week explaining the exact differences). For now, I’ll just explain that an ECN broker is a broker that lets you actually participate in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term marketplace and you buy/sell to and from other traders, unlike STP or a Market Maker).
I prepared a much more indepth review lately so this one is no longer relevant. Read the through review here: https://www.financemagnates.comfxopen’s-mt4-ecn-is-much-better-than-originally-thought/.