ECNs represent the modernization of online trading for retail and institutional traders and have been a milestone in the trading industry due to the transparency, ease, and advantages that it entails.

 

With direct market access to multiple liquidity providers and automatic matching and executions of orders, traders can get tight spreads, deep liquidity, price transparency in execution, low slippage and last but definitely not least, low latency.

The advantage of an ECN account :

Full transparency since the broker directly connects your orders to other market participants

Very low or even no spreads during times of high market volatility

NDD (No Dealing Desk) technology ensures that there will be no re-quotes

The best bid and ask prices available since a variety of market participants are involved

The high price volatility makes for a great environment for scalping

What is an ECN?

What does ECN stand for? Electronic Communication Network. What's the secret? Like much of the forex market mechanisms today, an ECN is an automated component of trading, since it connects traders to liquidity providers such as banks, brokerages and other traders around the world and eliminates the role of the traditional middleman.

 

Traders get access to different prices from a variety of market participants directly on their trading platforms and are shown the best bid and ask prices available in the market. The matching and execution of orders ensue automatically and in this way, the trader can always be sure that the broker they are using does not have any dealing desk involvement against them or the trade is processed on an STP (straight-through the process) basis. For each transaction, traders are charged a small fee by the broker.

Equal Trading Rights and

Price Feed Transparency

All the traders receive the same price feed and trade at the same prices. The historical price feed must be publicly available in tick format, which means the values of each and every price at a given moment. This approach guarantees that price manipulation is not possible.

 

Trading conditions are the same for all the traders, the only difference being trading commissions (that are charged in addition to the spread). In case of any issue, each trader can compare the prices of order executions with historically quoted prices as well as with order execution prices of other traders, since all the traders are getting the same feed. Such a transparent environment makes it possible to verify order execution prices and protect the clients' interests.

Lower Latency

Forex ECN brokers are driven by improvements in performance to attract more clients and more volume. Low latency trading is the next race for ECN brokers as we strive to have client orders filled in the least time possible.

 

Average execution times of under 40ms for Forex and Metals (ECN products) are now normal. Low latency environments benefit HFT/Algorithmic traders the most where every millisecond counts.

You can access both of our platforms from a single MFM Securites account.

Start Trading in 4 Steps

Register

 

Open your live

trading account

via MFM Securities

Fund

Login to MFM Securities Direct and make a deposit

Trade

 

Start trading on more than 250 instruments

Verify

 

Upload your documents to verify your account

You can access both of our platforms from a single MFM Securites account.

Start Trading in 4 Steps

Verify

 

Upload your documents to verify your account

Trade

 

Start trading on more than 1000 instruments

Fund

 Make a deposit

Register

 

Open your live

trading account

via MFM Securities

Payments methods vary depending on selected jurisdiction and country of residence.
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MFM Securities (25263 BC 2019).  All rights reserved.

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Trading forex/CFD’s on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. Be aware and fully understand all risks associated with the market and trading. MFM Securities does not offer its services to the residents of certain jurisdictions such as Afghanistan, Cote d’Ivoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Canada, Australia, Syria, Japan, and Ecuador.

International Broker Company MFM Securities with the registration number 25263 BC 2019. 


Suit 305, Griffith Corporate Centre, P.O Box 1510, Beachmont, Kingstown,

St. Vincent and the Grenadines, an International Broker Company with the registration number 25263 BC 2019. 

The objects of the Company are all subject matters not forbidden by International Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines, 2009, in particular, but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well as to provide brokerage, training and managed account services in currencies, commodities, indexes, CFDs and leveraged financial instruments.