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Tags: ECN, fixed spread or variable spread account? why?
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ECN, fixed spread or variable spread account? why?

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  • First Post: Mar 7, 2011 11:38pm Mar 7, 2011 11:38pm
  •  ikur1
  • | Joined Mar 2011 | Status: Member | 14 Posts
Hello traders!

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

Thanks!
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  • Last Post: Mar 8, 2011 1:23am Mar 8, 2011 1:23am
  •  hanover
  • Joined Sep 2006 | Status: ... | 8,092 Posts
Quoting ikur1
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Hello traders!

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

Thanks!
Ignored
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)
 
 
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