What is ECN Indices Trading Account in Indices Trading?
Types of Indices Trading Accounts ECN
ECN Indices Trading Accounts
ECN Indices Trading Account stands for Electronic Communication Net-work, these ECN Indices Trading Account brokers are connected to the interbank network directly through an electronic communication network and indices orders from the ECN Indices Trading Account are placed straight to the electronic net-work.
The ECN Indices Trading Account will display different orders from different banks. The indices trading quote placed by these ECNs network of banks are direct from them to the inter bank net-work and orders are executed direct to the interbank market once a trader trading with this ECN account places an order with their stock indices trading broker.
These ECNs account will charge commissions + spread for every indices trade. For these ECN Indices Trading Account execution technique every trade is matched to another in realtime over the inter-bank network - ECN Network.
ECN Micro Account Indices Trading
The different types of indices trading ECN accounts are: ECN Cent Account Indices Trading - ECN Micro Account Indices Trading - ECN Standard Account Indices Trading. Traders can open any of the ECN stock indices trading account type. Indices Trading ECN account types will include paying of commissions on top of indices trading spread therefore indices traders looking for ECN indices trading account should look for accounts that include paying of commissions on tops of spread - ECN Commission.