ECN Brokers and News Trading

Top ECN Brokers and News Trading

ECN Brokers and News Trading
Online BrokerMinimum FX SpreadFX CommissionMinimum DepositMT4MT5cTtraderJForex
0.2
Minimum FX Spread
$10
Commission
$300
Minimum Deposit
MT4
MT5
cTrader
JForex
0.1
Minimum FX Spread
$3.5
Commission
$100
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$5.0
Commission
$300
Minimum Deposit
MT4
MT5
cTrader
JForex
0.1
Minimum FX Spread
$2.0
Commission
$500
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$3.5
Commission
$200
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$6.75
Commission
$500
Minimum Deposit
MT4
MT5
cTrader
JForex
0.1
Minimum FX Spread
$4.0
Commission
$3000
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$3.76
Commission
$200
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$2.0
Commission
$10
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$2.0
Commission
$100
Minimum Deposit
MT4
MT5
cTrader
JForex
0.1
Minimum FX Spread
$3.5
Commission
$200
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$3.5
Commission
$500
Minimum Deposit
MT4
MT5
cTrader
JForex
1.2
Minimum FX Spread
$0
Commission
$100
Minimum Deposit
MT4
MT5
cTrader
JForex
0.1
Minimum FX Spread
$3.0
Commission
$200
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$3.5
Commission
$100
Minimum Deposit
MT4
MT5
cTrader
JForex
0.0
Minimum FX Spread
$4.0
Commission
$50
Minimum Deposit
MT4
MT5
cTrader
JForex

News Trading, Spreads and ECN Brokers

It is possible to trade the news on a dealing desk broker. The time around a major news release can be time of amplified volatility in the markets, however. So brokers, even with fixed spreads, may widen spreads considerably around release. This can make trading into the news problematic, as it means that the trader can potentially start with a large deficit to make up, if the order goes through.

Spreads and news trading

Some brokers do not change their fixed spreads, but here problems may emerge for those who trade into the news, in terms of the risk of account closure. However there is always the time before release and after, but again, spreads can widen at these times as well.

One possibility is to use a broker which does not have any restrictions on trading styles, and in particular one which bypasses the dealing desk and looks for the best prices, such as an ECN broker. It should be noted that even though ECN spreads can be very low, there is normally a fixed commission charged, and spreads can also widen to some extent. The commissions above are per lot per side.

ECN and news trading

Ideally a news trade should be executed fast at the best possible price. When trading with a dealing desk broker, the trade may not be fast enough, there may be liquidity issues in placing an order and in all events the order has to clear the dealing desk, creating potential hurdles for some kinds of news trading. An ECN broker on the other hand, can in theory process orders fast, at the best possible price, from the increased set of prices it receives, without dealing desk intervention.

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