Hi all,
there is many brokers such as MR Trading and Interbank Fx, they all say that their MT4 is an ECN system but this is not true. I have contacted metaquotes and they said that the mt4 is not an ECN.
As they explained to me, the mt4 takes only 1 feed at the time. and the customer trades on one price only and not many banks.
So i would stay very far from does mt4 brokers that say that their mt4 is ECN.
Please to confirm my post or correct me if i am wrong.
Alek
there is many brokers such as MR Trading and Interbank Fx, they all say that their MT4 is an ECN system but this is not true. I have contacted metaquotes and they said that the mt4 is not an ECN.
As they explained to me, the mt4 takes only 1 feed at the time. and the customer trades on one price only and not many banks.
So i would stay very far from does mt4 brokers that say that their mt4 is ECN.
Please to confirm my post or correct me if i am wrong.
Alek