What Is an ECN Account on Trendo? Zero Spreads, Fast Execution

Types of Trading Accounts at Trendo

All accounts offered by Trendo Broker are ECN (Electronic Communication Network) accounts, allowing traders to access diverse trading accounts with the lowest spreads, commissions, and the fastest trade execution speeds.

What is an ECN Account?
 An ECN account in the Forex market is a type of trading account that provides direct access to the interbank market without the intervention of a Dealing Desk (DD).

Features of an ECN Account

  • Traders are directly connected to a network of liquidity providers, such as banks and other brokers.

  • Trades are executed without intermediaries and at the highest execution speed.

  • The lowest spreads, as orders are directly matched with the market's main orders.

  • High transparency and better performance compared to DD accounts in various market conditions.

  • Brokers do not intervene in the spread on ECN accounts, and their income is solely derived from trading commissions.

Key Features of ECN Accounts at Trendo

  • Starting spreads from 0.0 pips:

    • Major currency pairs: 0.0 pips

    • Gold: 0.5 pips

  • Minimum deposit: $10

  • Commission: $3 per standard lot

  • More than 100 trading symbols in the following markets:

    • Forex

    • Precious metals

    • Cryptocurrencies

    • Commodities (Metals and Energies)

    • Stocks

    • Indices

  • Trade execution speed: 3 milliseconds

Option to convert to an Islamic account (no swap)