What is ECN Account Explanation?

Trading Account Types ECN

ECN Gold Trading Accounts

ECN Account is synonymous for Electronic Communication Network, these ECN Gold Trading Account brokers are connected to the inter bank network directly through an electronic communication network & the orders from the ECN Gold Trading Account are placed straight to the electronic network.

The ECN Account will show different orders from different banks. The gold quote placed by these ECNs network of banks are direct from them to the interbank network & orders are executed direct to the interbank markets once a trader trading with this ECN account opens a trade order with their broker.

These ECNs trading account will charge commissions + spreads for every trade transaction. For these ECN XAUUSD Account execution technique every trade is matched against another on real time over the inter-bank network - ECN Network.

ECN Micro Trading Account

The different types of ECN accounts are: ECN Micro Account - ECN Mini Account - ECN Standard Trading Account. Traders can register and open any of the ECN account type. XAUUSD Trading ECN trading account types will include paying of commissions on top of the spread so traders looking and searching for ECN account should look for trading accounts that include paying of commissions on top of the spread - ECN Commission.

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What is ECN Account Explanation?

Trading Account Types ECN

ECN Micro Trading Account