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STP
STP (Straight Through Processing) gives you direct access to the Forex market (interbank market) and offers the best prices, low spreads and 5th decimal pricing format. Unlike ECN, broker's commission is included in the difference between the ...
Leverage in ECN accounts
Leverage available for clients of FXOpen Markets Ltd for ECN accounts: 1:1 - 1:500 for accounts up to $25,000; 1:1 - 1:200 for accounts from $25,000 up to $100,000; 1:1 - 1:100 for accounts from $100,000 up to $1,000,000; negotiable over $1,000,000. ...
ECN Accounts
1. Are there any bonuses (promotions) in ECN accounts? No, we do not offer bonuses for ECN accounts 2. Are there any commissions in ECN accounts? ECN accounts have commissions to open/close a trade. The commission rate depends on the account equity ...
Difference between STP and ECN accounts
STP and ECN operate as the NDD (No Dealing Desk) which means that traders' orders are forwarded to the interbank market without being processed by the dealing desk. Also STP trades are forwarded directly to liquidity providers while ECN trades form ...
PAMM accounts
Trading terms for PAMM accounts PAMM account (PAMM — Percentage Allocation Management Module) is a special trading account based on trust management. Managed account (PAMM) enables a professional trader to manage funds of many investors on one live ...