the broker. If you trade with "Cents account" or a "Mini account your STP broker is most likely always is a counter-party of your trades. Per-trade-based commissions can be costly and can affect a trader's bottom line and her profitability. Benefits of trading with No Dealing Desk brokers Among the main reason why traders look for NDD brokers is transparency, better and faster fills and anonymity. How many trades you usually make. One way to compare spreads is to open demo accounts at each of your candidate brokers to see what their spreads really are. Minimum Trade Size ECN brokers used to commonly require higher minimum trade sizes of 1 minilot (0.1 full lots compared to the 1 microlot (0.01 full lots) that was typically required by dealing desk brokers.
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ECN brokers usually require higher minimum deposits. Click on image to enlarge, recent years have seen many new. Since STP brokers (as well as ECN ) don't trade against their clients, they add own small markups to the spread". Does the execution work in a manner that suggests the Forex broker is a true ECN broker or something close to it? Resident, you have special issues to consider as the.S.