Brokers are of three types including ECN, STP, Market maker. A secure broker provides traders with all necessary facilities like high security of funding, good amount of leverage, narrow spread in most of the pairs, flexible margin level, and other facilities moderately. FXOpulence offers two types of trading accounts including ECN and Classic accounts.
Brokers of different types
- Thread starter LeoFx
- Start date
Polakandil
Well-known member
ECN account has a better trading environment, tight spread, and no requote problem, which is good for scalping trader, FXOpen included a true ECN broker and allows traders to use robots or scalping trading. STP account is also a good option with better trading conditions compared to using a market maker.