Looking for an ECN Account?

As we all know by heart, when it comes to the trading of foreign currencies, the focus is to gain as much profit as you could and as often as possible.

To dive into the Forex market, you will have to begin by choosing the right broker. SuperForex has consistently invested heavily in giving the best offers to its clients.

ECN Account

Have you ever heard of the rising popularity of ECN or Electronic Communications Network?

Today this is considered as one of the most popular elements of the Forex market. Now, why is it so popular among traders?

Like most of the Forex market today, an ECN is a profoundly complex component of trading due to its ability to connect clients to significant Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers like banks, businesses and different brokers around the world, regardless of the size of the trades.

This kills the job of the conventional ‘middlemen,’ and as the coordination of orders increases, so does the overall pool of requests in the system – which is incredible information for brokers with an ECN account looking for the best pricing.

How does it work?

SuperForex will offer you the widest range of account types for professional currency trading. ECN accounts will allow you to show trading operations clearly on the Forex exchange, even bypassing the intermediary banks.

Hence, all market traders shall interact with one another without middlemen and requotes.

Thanks to our ECN accounts, your execution requests will be processed at a flash speed.

Also, in a standard account, you will usually get a spread from approximately 2 pips, but ECN accounts will generally give you spreads as low as 0.5 pips.

Available on local currencies

We are delighted to tell you that other than standard accounts, starting from now all of our clients can open ECN accounts in local currencies.

SuperForex supports ECN accounts in the following local currencies:

• MYR
• IDR
• NGN
• BRL
• ZAR
• TZS
• KES

By choosing to trade on your local currency, you will save both time and money.

This is because you won’t have to exchange funds every time you wish to make a deposit or a withdrawal from your account.