An ECN is generally an electronic system that widely disseminates orders entered by market makers to third parties and permits the orders to be executed against in whole or in part. The primary products that are traded on ECNs are stocks and currencies.

Nowadays the meaning of ECN (Electronic Communication network) yet remains not quite clear to many traders, despite the fact that this technology has been introduced on the market about 15 years ago and has proven to have distinctive advantages over the traditional Market-Maker type. Now ECN commands a large part of the forex market, so we believe it is important to highlight key points of ECN so that any trader know what it is about.

5StarsForex is a leading provider of online trading services. Established in 2014, 5StarsForex is providing traders a world-class trading experience worldwide.5starsForex believes that the ECN/STP Forex Module benefits all the foreign exchange participants, 5StarsForex worked hard in the making the world of Forex more transparent with greater control for the traders.

ECN /STP technology purports transparency, but traders are strongly recommended not to start ECN trading unless they feel they have enough knowledge and expertise on the forex market.

When choosing the best ECN broker expert advisory is more than welcome.

5Stars Forex ECN Advantages:

Completely Anonymous

All ECN trading activity is totally anonymous. Anonymity enables traders to deal on neutral prices, which reflect the real market conditions only and are not biased against the client's direction based on forex trading strategies, tactics or current market positions.

Instantaneous Trade Execution

Clients trade forex instantly on live streaming, best executable prices with immediate confirmations. 5STARSFOREX does not provide a "last look" to price makers, so 5STARSFOREX trades are final and confirmed as soon as they are dealt. There is no dealing desk to intervene, so there are no re-quotes.

Client-to-Bank Trading
The 5STARSFOREX ECN model allows clients to trade on the global liquidity of world-class banks and qualified financial institutions.

Automated forex Trading/Market Data
Through the use of our API, clients can connect their trading models and risk management systems to our market data feed and matching engine. 5STARSFOREX's live, neutral, executable market data includes the Best Bid and Best Ask prices at the time. These attributes of our data make it robust in back testing trading models and powering them for live trading.

Variable Spreads
Unlike a dealer, however, 5STARSFOREX does not control the bid/offer spread and therefore can not provide the same bid/offer spread at all times. 5STARSFOREX offers variable spreads. On an ECN, clients have direct access to market prices. Market prices fluctuate reflecting supply and demand, volatility and other conditions. The 5STARSFOREX ECN enables clients to trade on tight bid/offer spreads, which are as low as 1 pip on all majors in normal market conditions.

Why 5StarsForex?

In today’s world we are faced with many choices and choosing a Forex broker is no different. We’ve been in the retail Forex business longer than most and we understand that individual traders have different needs and wants. That’s why we continue to evolve to ensure you can trade with 5starsforex in a safe, informed and supported environment.

· Online community

· Easy to start trading

· Personal Service

· Easy choice for every trader

· Transparent cost

· Forex specialists

· Continual growth with Five Stars Forex Ltd

· Security of funds

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