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Professional ECN accounts of ECN broker

What is ECN and what are the main features of an ECN broker?

The ECN (Electronic Communication Network) system is an electronic trading network, which includes the function of automatic purchase and sales orders matching at a price which is satisfactory for both parties of the trade. The main participants of the ECN systems are banks, major market makers, investment funds, brokers, and dealers.

The main advantage of the ECN accounts is the absence of a conflict-of-interest between a client and a broker that uses the ECN technology: an ECN broker forwards clients’ orders straight to his counterparty who provide liquidity. Using this trading pattern, a broker is interested in increasing of trading volume, as he receives a commission for each order.

Professional ECN accounts trading conditions of RoboForex

  • Minimum deposit is $1000;
     
  • 48 currency pairs;
     
  • Metal trading is available: Gold & Silver spot (XAUUSD & XAGUSD);
     
  • Trading Platforms: MetaTrader4, MetaTrader5, cTrader;
     
  • Level is up to 1:200;
     
  • Commission [1] is $2.45 for 1 standard lot (100,000 units of base currency);
     
  • Floating spread [2] from 0 pips;
     
  • No requotes - Non Dealing Desk (NDD);
     
  • Placing orders inside the spread;
     
  • MarginCall level [3]: 60%.
     
  • StopOut level [4] is 40%;
     
  • Using any trading expert advisors is encouraged (any type of scalping);
     
  • Unique conditions of affiliate program for the ECN accounts [5]: up to $3 for a lot.
[1] — A commission for a complete transaction (opening/closing) is doubled.
[2] — Spread value is not fixed (a floating spread). It changes depending on market conditions.
[3] — Level whereby a client is informed about StopOut.
[4] — Level whereby all opened positions will be closed compulsorily.
[5] — Partners receive Agent Commission for each closed order executed using the ECN accounts by the clients they have attracted.
Please note, RoboForex has created a special bridge for Demo-ECN accounts. All orders are transferred to a demo account opened in the Currenex system. The uniqueness of this type of account is an opportunity to test how a real professional ECN account operates when you use a real bridge.

RoboForex can guarantee that order execution for Demo-ECN and real Pro-ECN accounts is completely the same.

MetaTrader4 Platform

MetaTrader5 Platform

cTrader Platform

The Bridge software is installed directly on the RoboForex LP trading servers and integrated with the MetaTrader4 trading platform, thus allowing the company’s clients to execute trade orders using the MetaTrader4 environment and use MQL4-based expert advisors.

Open ECN account