Hi rahaafx,
I would like to inform you that Deltastock does not operate as an electronic communication network (ECN). However, our proprietary trading platform provides a similar service through the Level 2 Forex and Precious Metal Quotes module. When a trader places an order (buy or sell), our system matches it with the contra-side orders, already placed by other market participants. Please note, that Deltastock is always the counterparty to the executed trades.
Level 2 benefits:
- The Level 2 Quotes module integrates trading on margin with 44 Currency Pairs, spot Gold and Silver at both fixed and variable dealing spreads in one platform - at traders’ discretion.
- Orders can be placed within the BID and ASK quotes with no price limitations. Depending on the market's liquidity at any given moment, dealing spreads can narrow down to 0.1 pips (0.00001 or 0.001 for JPY crosses) for the Forex Majors;
- There are NO RE-QUOTES, NO DEALING DESK and NO SLIPPAGE when trading via the Level 2 quotes module!
- The Level 2 FX and Precious Metal Quotes module provides a clear snapshot of the demand and supply of the traded instrument on the market, based on orders and trades executed through this module. Traders can view and analyze market depth, as well as the dominance of Buyers and Sellers.
- Traders can switch between trading at fixed and variable spreads at any time, should they detect a better BID/ASK price.
If you have any further questions, please do not hesitate to ask!
Regards,
Karolina
I would like to inform you that Deltastock does not operate as an electronic communication network (ECN). However, our proprietary trading platform provides a similar service through the Level 2 Forex and Precious Metal Quotes module. When a trader places an order (buy or sell), our system matches it with the contra-side orders, already placed by other market participants. Please note, that Deltastock is always the counterparty to the executed trades.
Level 2 benefits:
- The Level 2 Quotes module integrates trading on margin with 44 Currency Pairs, spot Gold and Silver at both fixed and variable dealing spreads in one platform - at traders’ discretion.
- Orders can be placed within the BID and ASK quotes with no price limitations. Depending on the market's liquidity at any given moment, dealing spreads can narrow down to 0.1 pips (0.00001 or 0.001 for JPY crosses) for the Forex Majors;
- There are NO RE-QUOTES, NO DEALING DESK and NO SLIPPAGE when trading via the Level 2 quotes module!
- The Level 2 FX and Precious Metal Quotes module provides a clear snapshot of the demand and supply of the traded instrument on the market, based on orders and trades executed through this module. Traders can view and analyze market depth, as well as the dominance of Buyers and Sellers.
- Traders can switch between trading at fixed and variable spreads at any time, should they detect a better BID/ASK price.
If you have any further questions, please do not hesitate to ask!
Regards,
Karolina