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Honlap

ECN-ACCOUNT AT FXM FINANCIAL GROUP – THE BEST TRADING CONDITIONS

Advantages::

  • Trading from 0.1 Standard Lot
  • No wrong quotations and guaranteed order execution
  • Order execution within to 0.2 seconds
  • Scalping allowed
  • Minimum deposit for ECN Account 3,000 $
  • Spreads from 2 pips
  • No commissions
  • An additional margin requirement for hedged positions is not needed.

ECN TRADING

1. The execution is running through the CFH MARKETS System. Opening of positions is realized “by market” except for Limit-Orders. That means by opening of an order manually, the client gets the best price in the system at the time of the execution of the order.
The completion of orders depends on the connection between the client terminal and the server.
The average time is about 0.2 seconds (from the moment of sending of the order until the opening of the order in the system). 
Please consider that by the Stop Loss and Take Profit orders are as fast as the sell and buy orders by sending them to the ECN-system. Therefore the time sums by opening of an order with S/L and T/P. 
Before you open the order including the tree errands, the time will accumulate by eradication itself. At CFH MARKETS the client get the requested price. The best prices for Sell and Buy matches the Bids and Asks, which the client see on the FXM TRAIDING STATION (MT-4). The difference between them both makes the spread, which depends on the liquidity on the market.


2. CHARACTERISTICS OF THE MARGIN REQUIREMENT

By sending of a pending order, the free margin as well as the margin is checked. If you do not have enough available capital, the order will be declined. 

In case of Marin-Call all orders will be canceled automatically.