The ECN brokers ( Electronic Communication Network), the STP ( Straight Through Processing) and DMA ( Direct Market Access) can be grouped in the great family of NDD brokers, No Dealing Desk, opposed to the Market Maker brokers. 207 rows · ECN Forex Brokers ECN stands for “ Electronic Communication Network” - a system that is designed to eliminate the role of a middleman in order execution.
88 rows · A list of ECN Forex brokers that provide Forex traders with a direct access. Otherb individual traders, brokerages,.
In simple words this means that when a trader signs up for ECN execution, they get direct access to other participants in the forex market – i. ECN broker is a type of forex broker whose business model operates on passing traders’ orders straight to the liquidity providers.