Most of you might be already aware of the MT4 platform which is well integrated with matching engine. For facilitating trading with a number of clients, businesses have now developed Market Depth Plugin that can show an orderbook of 10 levels that are streamlined through the system directly. The MT4 platform enables you to integrate no dealing desk execution in a seamless manner for executing forex transactions. It means there would be no bridges by the 3rd party and there is no need to sync any account. 

What are the features of Metatrader 4? 

You can be assured of having a positive experience while trading with MetaTrader 4 as it allows MT4 scalping which makes it an advantageous option.  In addition, it also offers the following features, such as:

     - Offers you the liberty to set up limits to curb loss or increase your profits while involved in a brand new trade
      - Enables you to trade in a precise manner to manage the risks in a tight manner
      -Have full control over the time and limit to close a position
     -Take full advantage of the liquidity cloud that lets you match numerous flow sources in one location
      -Trade efficiently while saving a lot of cost involved in the process
      -Enjoy an open API system along with ndd MT4 to improve the connection processes

Why opt for MT4 FIX Bridge? 

The main advantage of opting for the FIX Bridge supported by MT4 is that it lets you to set the order limits and the margins can also be blocked. This also bestows you the ability to match trade the bridge and set the order limits or stop it with the help of a matching engine. You can also perform margin blocks directly using the MT4 accounts as it has excellent functionality and is a unique platform in the present market. Unlike the rest of the bridges that sends you just market orders, which is a disadvantage for brokers in Forex trading.

Match Trade Bridge also enables you to obtain specific orders upon request and get paid in configured currency and in preferred groups. The requests for orders would be processed through the matching engine, will wait for the response from the same and after obtaining the receipt for the response the orders will be booked using MT4 and through the trading account of the client.

Getting in to Forex trading can be a fun filled decision but you need to find the best forex broker to make trading an exciting one. Choosing a forex broker can be a stressful task as there are many brokers out there who claim to be the best one. Be it a HFT broker or an ECN broker, make sure to choose the ones that have good reputation in the industry. Before you choose a particular broker involved in forex trading, it is essential for you to learn about some basics.  

Who is an ECN broker? 

This broker would provide you the chance to purchase and sell currency pairs through electronic medium virtually, even if you are in any corner of the world. He performs his functions like a stock broker who routes the orders from the platform to a huge market that is backed by different platforms. Such a trading environment is called as an ECN or electronic communications network. If you can find the ECN forex brokers list then you can find the best Forex brokers who would guide you to avail better prices or bids on a preferred platform for a small commission.  

Which is the best environment for forex trading? 

 

Always choose the trading service that is registered as a Financial Service Provider and has the number in FSP list displayed on its site to help you find a best HFT broker. Make sure that the commission rate is very low (0.003%) as it would help you earn more. Go for the services with Match Trade System as it offers the guarantee of rendering smooth execution as there would be no rejections, slippages and last looks. It must also be transparent in its activities and must have a model like the Stock Exchange to help you stay assured of transparent trading activities. 

 Tips to find the best forex broker  

 

If you wish to find the best regulated forex brokers then you have to consider a few pointers.

• Cost of trading: Always consider the cost of forex trading. Always remember that opting for the cheaper currency pair option need not be a fruitful one always.
• Trading choices: Check out what are the trading choices available for you with the broker.

These days many forex brokers offer standard currency pairs but make sure you choose the ones that provide you exotic currency pair options.

The forex trading market is continuously witnessing ups and downs with so many new technologies coming up along with the trading methods. The conventional forex trading is still one of the most popular forms of trading but many traders have now started investing in wider spreads and modern trading methods. The ECN brokers are also offer the latest trading support and are quite different from the traditional brokers. The convenience and outcome generated by the ECN broker has actually changed the trading method to great extent and has also introduced the all new broker exchange model. These brokers have found lot of popularity as compared to the traditional brokers because of the following advantages.

Benefits of ECN Brokers

• They offer trading with no dealing desk execution means there is no intervention from the third party or any other counter party.
• You will get access to all available interbank trades and hence would get better spreads to trade for.
• The orders are executed immediately without wasting any transaction time and hence the profit share is higher.
• The spreads are wide and the commissions are either nominal or free. The trader may save lot of money being wasted on lower spreads and hence pay only nominal commission. This will again increase the profit share.
• The scope of trading is very wide in this type of trading as there are many metals, commodities and currency pairs ready to be traded.
• The best thing about ECN trading is that the entire process is automated and many automation tools are used to ensure smooth and beneficial trading

The above advantages of this trading system have helped the market makers to become the ECN brokers and thus change the trading model completely. This has paid great gains to many.