True ECN Broker Services
Electronic Communication Network, otherwise known as ECN, streamlines the way people conduct business in foreign exchange. It builds a direct bridge between brokers and liquidity providers on behalf of retail traders. Our brokers at Fair Forex take this one step further through TRUE ECN. Some ECN brokers take your trades to different banks and hedge funds rather than to the entire network. As a result, they might not secure the best deals on the market. Our TRUE ECN brokers unlock the door to a greater network so we can give you the best available price in the entire market.
Experience Fair Forex TRUE ECN
Not all forex brokers are the same and many actually work against you and want you to lose. This type of broker is called a Market Maker. A Market Maker is essentially a bookie taking the opposite side of your trades and trading against you. With Fair Forex you are guaranteed that we will never work against our clients ever!
An ECN (Electronic Communications Network) is a digital system that connects brokers, retail traders, banks and hedge funds to each other without the need for a middle man.
Not all brokers who state they are ECN are TRUE ECN. Some brokers are actually STP (Straight Through Processing) brokers. This means that your trades go to different liquidity providers rather than to the whole network, meaning you don’t necessarily get the best available price on the market. Not only that but you are more likely to experience higher slippage and delays. With Fair Forex TRUE ECN we match your trade to the best available price not to the available liquidity provider.
Our ECN marketplace boasts a deep and diverse liquidity pool, including banking institutions, high frequency traders and hedge funds. It also features internal orders matching and liquidity aggregation. Our central clearing model allows all market participants to access liquidity and trade with all other participants.