Execution of transactions using ECN Core technology
Almost any trader knows that the highest quality service for executing exchange transactions is possible using ECN accounts.
The Electronic Communication Network electronic transaction system represents a fully automated order execution process.
The main advantages of ECN are the absence of intermediaries, high liquidity, maximum execution speed and transparency of the process itself.
But progress does not stand still, and to attract new clients, brokers offer even more advanced order execution systems.
The ECNCore system was developed by the company in 2019 and has proven itself well over three years of operation.
The essence of ECNCore is that it allows you to significantly increase the number of market participants, thereby increasing the liquidity of assets traded on it.
The result of this step was:
Several reductions in the execution time of orders on ECN accounts compared to standard accounts:
A significant reduction in the average spread, for example, for the eurusd currency pair, the average spread is now 0.3 points:
Also, the introduction of new technology influenced the reduction of requotes and slippage , which so often ruin the lives of traders.
A nice thing is that the cost of opening an ECN account with Alpari is only 300 US dollars, and a PRO ECN account with a deposit of 500 US dollars.
As a result, you get not only high quality order execution and low spreads, but also leverage up to 1:3000, three account currencies USD, EUR, RUB and no restrictions on the use of strategies.
You can find out more on the Alpari website - www.alpari.com