ECNs pass on prices from multiple market participants, such as banks and market makers, as well as other traders connected to the ECN, and display the best bid/ask quotes on their trading platforms based on these prices. ECN-type brokers also serve as counterparties to forex transactions, but they operate on a settlement, rather than pricing basis. Unlike fixed spreads, which are offered by some market makers, spreads of currency pairs vary on ECNs, depending on the pair’s trading activities. During very active trading periods, you can sometimes get no ECN spread at all, particularly in very liquid currency pairs such as the majors (EUR/USD, USD/JPY, GBP/USD and USD/CHF) and some currency crosses.
Electronic networks make money by charging customers a fixed commission for each transaction. Authentic ECNs do not play any role in making or setting prices, therefore, the risks of price manipulation are reduced for retail traders. (For more insight, see Direct Access Trading Systems.)
Just like with market makers, there are also two main types of ECNs: retail and institutional. Institutional ECNs relay the best bid/ask from many institutional market makers such as banks, to other banks and institutions such as hedge funds or large corporations. Retail ECNs, on the other hand, offer quotes from a few banks and other traders on the ECN to the retail trader.
The Bridge which link the client orders to the MT4 platform is physical link that translate the order into digital numbers and send it in less than milliseconds to the market with no delay, this will provide instant execution to client orders , this also allows the client trading during high liquid moments such as news and hot events .
In General the speed of execution can influence the account targeted profit thus we offer instant execution also with the ONE CLICK trade option can save upto 5 seconds of the total time of placing the order which can cause upto 500 usd loss if the order was profitable, with ONE CLICK Trade the risk of losing the trade is waived.
We always advice our clients to the conservative trading model as its proven the best results in long run investment and avoid trading during news and volatile market movements as it might cause big loses incase the orders was against the market movement .