Trader's Glossary

Electronic Communication Network (ECN)

Electronic Communication Networks aggregate prices from many liquidity providers and offer traders the most competitive bid and ask prices. ECN orders are anonymously routed to the interbank network without dealing desk intervention.
Did you know?

Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.

Word of the day
"Long Term Trader" - A forex trader who keeps positions open for extended periods of time.
Pro Tip

Do not open a real account before doing some demo-trading.