FOREX BROKERS
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Best ECN Brokers for Scalping
Below are the top three forex brokers offering ECN accounts. Their ECN accounts are ideal for scalping and day trading because they offer Direct Market Access (DMA) and don’t use a Dealing Desk to execute your trades (they are NDD accounts).
See the brokers and the account type you must choose in order to benefit from ECN trading:
ECN accounts are ideal for scalpers, day-traders, and algo traders. It is important to choose the correct account type if you want to benefit from ECN trading conditions. The big advantage of using an ECN account is that there is no conflict of interest between you and the broker, as the broker is not losing money when you make a profit. ECN accounts also have tighter spreads because the broker doesn’t put any markup on the spread. The broker makes money by charging a small commission.