ECN, fixed spread or variable spread account? why?

Hello traders!

can you tell me the pros and cons of each option?
why do you choose your account as it is?

Thanks!

See the second link in my post here. The section on ECN, STP, NDD, etc is essential reading, IMO.

Here are some other links on different br0ker types, and the structure of the market:

-- Rusty Forexman on market makers: http://www.forexfactory.com/showthread.php?t=5809 (poster used to work at large Australian investment bank)
-- Igrok on Dealers vs Clients: http://www.forexfactory.com/showthread.php?t=20253 (explains how market makers cheat their clients)
-- FXopportunist on Market Makers vs ECNs: http://www.forexfactory.com/showthread.php?t=8046
-- Gaston on FX market basics: http://www.forexfactory.com/showthre...84#post2522584
-- Darkstar’s thread on the structure of the FX market: http://www.forexfactory.com/showthread.php?t=7484 (read the first 7 posts in the thread)