When it comes to trading in the financial markets, one of the most basic questions is what type of trading account to use. The answer, of course, will depend on your trading style. But if you are a professional trader or a scalper, you should definitely consider an ECN account.
ECN stands for Electronic Communication Network. It’s a digital system that matches buyers and sellers looking to buy or sell securities in the financial markets. But in order to access the market, you need to open a brokerage account. In our case, you need to pick a reliable ECN broker. Using ECN technology is advantageous because it offers liquidity through a network. It allows an ECN broker to consolidate price quotations from several market participants, thus offering its clients the best bid/ask spreads available.
The bid-ask spread can be quite tight. You may even see spreads as narrow as breakeven. You can buy or sell at the same price, but usually, there is some type of a fixed commission per transaction involved, charged by an ECN broker. In this regard, it makes total sense to pick a broker with the best ECN trading terms. If you want to save on your ECN commission, we recommend registering an account with the AMarkets online broker.
Currently, AMarkets runs a one-of-a-kind promotion for both its new and existing clients. It’s an excellent opportunity to test drive an ECN account while getting the best deal on your trading fees. In August only, all AMarkets clients can get 20% off their ECN commission and take the maximum advantage of market swings. Volatility is rising, and inflation around the world is hitting new highs, forcing global central banks to hike interest rates. You simply can’t miss out on these amazing trading opportunities. Boost your trading potential with a 20% ECN discount from AMarkets.
How it works
If you are a new client, go over to the AMarkets website, and open an ECN account. Or you can simply use this link. If you already have an account with AMarkets, you can skip this step. Deposit $500 or more into your ECN account until August 21, enable your discount and get a 20% lower commission per lot during the promotion period. After the promotion ends, you’ll be charged the standard commission as before. But don’t worry, it’ll still be advantageous for you since AMarkets offers some of the most attractive trading terms and the narrowest spreads in the industry. Also, in addition to the best possible conditions, an ECN account offers the fastest order execution.
How to get a discount
- Deposit at least 500 USD into your ECN account using any convenient payment method.
- Go to your AMarkets Personal area and activate your ECN discount. If you’re already trading with AMarkets, you must first close all open positions or pending orders in your account to be able to activate your discount.
- Enjoy 20% fewer trading fees through August 21.
Please note that the discount is available only for one of your ECN accounts. If you have several accounts, you’ll need to pick one. By the way, it doesn’t matter which platform you trade on, MetaTrader 4 or MetaTrader 5. This limited-time offer is available for both MT4 and MT5 accounts.
About AMarkets
AMarkets is an international Forex and CFD broker providing high-quality brokerage services since 2007. The broker is committed to developing user-friendly products, introducing cutting-edge technologies and offering a personalized approach to each client. AMarkets offers more than 400 trading instruments and some of the most attractive trading conditions in the industry. On top of that, the broker runs regular promotions and offers various bonuses and other perks to its clients.
AMarkets is a licensed broker authorized by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (license number 22567 IBC 2015) and regulated by the Financial Commission, an independent mediator in the financial markets tailored to resolve finance-related disputes between brokers and retail traders. The order execution quality at AMarkets is audited monthly by an independent service, Verify My Trade (VMT).
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss of some or all of your investment. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite.
