The ECN Model gives traders access to the Interbank market. In the ECN model, the counterparty to your trade is another market participant such as a bank, fund or another trader.
FXOpen ECN is based on a unique technology for Forex margin trading. Participants of an ECN include banks, centralized exchanges, large companies offering their services in the OTC FOREX (Over the Counter) Market and private investors. FXOpen gives its clients institutional liquidity and instantaneous error-free order execution.
Protection of confidential personal information of our clients and partners is FXOpens key priority.
ECN trading is recommended for experienced traders and those who prefer scalping as their major trading strategy.The ECN Model usesMarket Execution, which means that your order will be filled in the interbank market but the execution price may differ from the price you requested upon placing the order.
All participants have equal rights when it comes to order execution
All transactions take place in a completely transparent environment
All clients, regardless of their capital, may act as both Liquidity Providers and Liquidity Receivers.
This business model and the unique technology behind FXOPEN ECN, provides our clients with aggregated liquidity from multiple participants in the FOREX market. This allows FXOPENs clients to easily and instantaneously execute large volume orders.
FXOPEN ECN puts into practice the modern approach to aggregating liquidity in the FX industry. Its cutting-edge innovative technology allows us to provide market participants with:
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The 90-day Cashback programlets you receive an additional refund up to $1,000 for your trades. Available for all trading accounts.
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Risk Warning:Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.
FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member ofThe Financial Commission.
FXOpen does not provide services for United States residents.