Regional Preferences

Agent Merina

Agent Merina

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Broker & Platform

ECN (Electronic Communication Network)

A trading system that connects orders directly to a network of liquidity providers. Understanding how brokers handle this affects not just cost but also how trustworthy and transparent a trading relationship is likely to be.

Meaning

What ECN (Electronic Communication Network) means

A trading system that connects orders directly to a network of liquidity providers. Understanding how brokers handle this affects not just cost but also how trustworthy and transparent a trading relationship is likely to be.

Trading context

Why it matters

It typically offers tighter raw spreads with a separate commission fee. Traders progressing past the basics tend to lean on this more heavily as they start combining multiple concepts into a coherent trading approach.

Example

How traders may see it

Marketed as "ECN accounts" with variable, often very low, spreads. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.