ECN Indices Trading Account vs Standard Stock Indices Trading Account

ECN Indices Trading Account vs Standard Stock Indices Trading Account

ECN Indices Trading Account includes Paying of Commissions on top of indices trading spreads while Standard stock indices trading accounts only include paying of spreads without paying commissions.

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.

Standard Indices Trading Accounts

Standard Indices Trading Account - the Standard Indices Trading Account brokers will send client orders direct to their Indices Trading Liquidity Provider, the Indices Trading Liquidity Provider is a big bank with deep liquidity that's required to trade on the inter-bank net-work.

A Standard Indices Trading Account provided by a broker can either have one Indices Trading Liquidity Provider or many liquidity providers.

The best thing about Standard indices trading Accounts is that stock indices traders can place their stock indices trades immediately with instant execution because they have access to the interbank markets via their STP indices broker execution.

Standard Indices Trading Accounts will not charge commissions, but will charge spread on stock indices trades. Because traders have access to the inter-bank markets execution, there's no re quotes on the indices orders neither any trade order waiting for execution, order execution is instant.