Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders


Forex Broker with a Wrong Name :-)

May 17, 2007 (Last updated on November 29, 2009) by

A new broker was added to the institutional Forex brokers list today — ECN broker. It doesn’t match its name (at least for Forex services), because it is a market maker broker, not an Electronic Communication Network broker. You’ll still have to pay your spreads (it offers average spreads) and won’t need to pay any commissions. The main reason why I’ve added this broker is that it is a good opportunity to start trading Forex with a regulated broker that has a low minimum account amount of $200 and allows high leverage — 1:400.

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