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Forex Are ECNs actually cheaper than MMs?

Discussion in 'Forex Forum' started by danjuma, Feb 27, 2015.

  1. danjuma

    danjuma Guest

    MMs normally charge via their spreads only, you don't pay any commissions. However, ECNs charge both speads and commissions. So which is actaully cheaper in the long run?

    Source.
     
  2. Diego San

    Diego San Member

    Joined:
    Dec 10, 2019
    Likes:
    2
    Location:
    US
    Since the market is made by every one of the taking an interest banks giving offers and bids to a specific currency, the market estimating instrument depends on organic market. Since there are such huge exchange streams inside the framework, it is hard for maverick traders to impact the price of a currency. This framework creates transparency in the market for speculators with access to interbank dealing. Most little retail traders exchange with relatively little and semi-unregulated forex brokers, which can re-quote prices and even exchange against their own customers.
     

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