ECN broker
Also called: ECN
A broker that routes orders to an electronic network of liquidity providers. It typically offers raw spreads plus a commission.
Related terms
Raw spread account
An account type with spreads close to the interbank market plus a…
Market maker
A broker or bank that quotes both a bid and an ask and takes the…
Straight-through processing (STP)
An execution model in which the broker passes orders on to…
Broker
The firm that gives you access to the market, holds your funds and…
Liquidity provider
A bank or institution that streams prices and fills orders for…
Balance
Your account value from closed trades, deposits and withdrawals,…