ECN accounts route your orders directly to liquidity providers for tight raw spreads plus a commission. These brokers offer genuine ECN/raw-spread execution.
A true ECN (Electronic Communication Network) account routes your orders directly to a pool of liquidity providers, giving you raw interbank spreads plus a transparent commission — with no dealing desk taking the other side of your trade, so there is no conflict of interest.
Some accounts marketed as ECN are really standard dealing-desk accounts with marketing spin. Look for genuine raw pricing, a visible commission, and depth-of-market (DOM) data — the hallmarks of real ECN/raw execution offered by the brokers here.
An ECN broker routes orders directly to liquidity providers for raw spreads plus a commission, with no dealing desk. This gives tight, transparent pricing and avoids the conflict of interest of a market-maker model.
For active traders, ECN/raw accounts (tiny spread + commission) are usually cheaper overall than standard "commission-free" accounts (wider spread). Compare the all-in round-turn cost for the pairs you trade.
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