What is ECN Pricing?

As a broker offering ECN Pricing, FP Markets FX streams price feeds directly from our liquidity providers. We understand that today’s traders value deep liquidity, the highest levels of price transparency, tight spreads and ultra-fast execution to ensure minimal slippage.

The way to meet all these needs, while keeping the entire trading experience smooth and seamless, is through the Electronic Communication Network (ECN). This technology allows executable price streaming, creation of a virtual order book and an aggregation across multiple liquidity providers.

By connecting to a number of liquidity providers, brokers like FP Markets FX, can offer extremely competitive spreads, ultra-low latency execution and minimal slippage. ECN Pricing allows trading orders to be

matched and executed with what we believe to be better prices. It works extremely well for forex traders using trading strategies like scalping via Expert Advisors (EAs) as this further accelerates the speed of execution.

ECN Pricing at FP Markets FX refers to the way in which pricing is derived and ensures that competitive prices are offered. This is distinct from order execution which may result in an off-setting order to be placed with a liquidity provider, the trade to be off-set with another client order/market participant or the client trade to be held internally by FP Markets FX.

Regardless of FP Markets FX hedging strategy the goal of our ECN pricing model is to ensure quality execution at tight pricing.