ECN Account

What is an ECN?

ECN is the acronym for the Electronic Communication Network. This is the technology that helps provide liquidity for traders, making ECN trading perfect for traders who want their fill to always be instant and at-the-market. Dealing via an ECN forex account gives you access to tight variable spreads irrespective of market volatility.


Features of ECN:

Instant order execution

Instant order execution: Time is money. And never have these words rung truer than in Forex markets, which can move at incredible speed. Traders need to know that when they hit the button to execute an order, it will be executed at the price requested. With the NSFX ECN Account, traders can trade with confidence, safe in the knowledge that their every trade will be executed at lightning speed. This speed of execution confers a significant trading advantage to NSFX ECN Account users when compared to other market participants.

Price aggregation from multiple liquidity suppliers

NSFX believes in always getting the best deal for its clients. This means that the prices where our clients can trade at any given moment are the best in the market. The ECN platform enables NSFX to aggregating the bids and asks from multiple liquidity suppliers so that the best prices are always displayed and clients have the depth of market to execute their trades efficiently.

Best Bid/Ask

When trading with an NSFX ECN Account, clients know they are always receiving the tightest Bid/Ask spread. Tight spreads ensure the best trading conditions at any given time. They are achieved by having access to deep liquidity from NSFX’s multiple liquidity suppliers. When dealing in markets where every pip counts, knowing that the best Bid/Ask is always on display enables traders to concentrate on money-making decisions.

Variable spreads

NSFX ECN Account holders know that they are able to trade at incredible speed and with the tightest of spreads. And with an ECN Account they can also trade with variable spreads. This gives traders the choice of foregoing the certainty of fixed spreads for the certainty of lower fees from trading with variable spreads. Who said there’s no certainty in markets?

Direct trading access to Tier 1 banks

It is said that you can judge a person by the company they keep. This is also the case in financial markets. NSFX only deals with the best and most reputable Tier 1 banks (and they gladly deal with NSFX). However, beyond the prestige of dealing with these banks, it brings a practical advantage to NSFX clients – the knowledge that, irrespective of market volatility, they always have access to deep market liquidity.