Pricing directly from the banks with no middleman intervention.
Each of our clients receives the same ECN pricing and the same raw ECN spreads from our Tier 1 liquidity providers regardless of account size.
Electronic Communication Network (ECN) is a bridge connecting retail, wholesale and institutional clients and other traders round the world with liquidity providers 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 ensues 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 process) basis. For each transaction, traders are charged a small fee by the broker. In simple terms an ECN provides the best available spread to the trader from the current market participants.
During high levels of liquidity clients may see spreads as low as zero. FWT Markets has integrated the ECN pricing into the world’s most commonly traded platform Metatrader 4. This ensures our clients have the same functionality as other traders with access to true interbank pricing.
ECN trading has been a milestone in the modern Forex industry due to the transparency, ease and advantages that it entails. With direct access to liquidity providers and automatic matching and execution of orders, it has become the way forward for a vast majority of Forex traders around the world.