Finally the Brokers Guide explaining what Market Maker, STP and ECN brokers really are: Part 2/2
Yesterday I talked about Market Making brokers today I’ll discuss STP and ECN brokers.
Forex Broker, which is not a Market Maker, is either a Straight Through Processing Broker (STP) or an Electronic Communications Network Broker (ECN). These types of brokers are typically (and sometimes erroneously) called Non Dealing Desk brokers.
ECN Brokers:
Finally the Brokers Guide explaining what Market Maker, STP and ECN brokers really are: Part 1/2
As I promised last week here goes the hopefully useful explanation about the various types of retail Forex brokers. Ever wanted to understand the difference between a DD, NDD, STP, MM, and ECN? Then this post should answer most of your questions.
First of all you need to understand that in this complex Forex world the [...]

