- 1:30 leverage
- 100+ trading instruments
- narrow spreads from 0.0
- 100% A-book
Forex broker - CySEC european license
What is an ECN account?
ECN (English Electronic Communication Network) is an electronic communications network that automates the transfer of data between the trader and liquidity providers (large banks and financial institutions). For trading at financial markets, traders prefer to use ECN-accounts.
How does it work? The client makes a transaction related to a financial instrument which is transmitted to the broker. Further, the broker transfers transactions to the ECN-network where the order is executed according to the certain parameters
Advantages of ECN
Ultra-fast execution of transactions
99.9% are executed within 5ms
No conflict of interest
the broker transmits transactions to the ECN network and has no influence on it
High reliability of ECN-network
it includes a lot of banks and large financial corporations
How to verify the broker’s reliability?
If you want to make sure that all your orders will be sent directly to liquidity providers, you should gather more information about your broker.
For example, you can verify information regarding the broker’s license and list of the services offered on the website of it’s regulatory body, by using its license number. For instance, the ‘Dealing on own account’ should NOT be in the list of of broker’s services if broker is licensed by Cyprus regulatory body – CySEC or by UK regulatory body – FCA. ‘Dealing on own account’ service enable the broker to trade against you as you deal with the marketmaker. Most likely, all your orders will be processed within the broker’s company and won’t be sent to liquidity providers.
Why ARUM CAPITAL?
Regulated by the Cyprus Securities and Exchange Commission with CIF license number 323/17
Excellent trading conditions: narrow spreads from 0.0 pip
As a member of the Investor Compensation Fund (ICF) which sustains the refund of up to 20 000 EUR in the unlikely event that the company is unable to fulfill its financial obligations.
More than 100 trading instruments are available for trading.