If by "ECN Broker" we mean a broker who is going to pass a client's trade straight through to (a good range of) liquidity providers, then I am not sure that Dukascopy is an ECN Broker. The Dukascopy website (here) says that they have "technology to hedge instantly any clients' trades directly with other Liquidity Providers". That's what a market maker forex dealer does: it takes a look at the client and a look at the trade and then hedges any client's trade (or any part of a client's trade) which it doesn't want to hold the counterpart to. As far as I can see, Dukascopy would have the same potential conflict of interest with a client as any other market making dealer.
- Joined Jul 2012 | Status: CME seat owner | 6,134 Posts
Be hopeful in a winning position, and fearful in a losing position.