Hello friends I am looking for a good and broker basically for professional, institutions providing DMA , ECN, having good liquidity and market depth.. I am looking to deposit $20-25,000 Would appreciate if anyone can guide me in to this please Thanks
---------------------------------- DMA ---------------------------------- integral advanced markets divisa capital hotspotfx (institutional only) instinet rockshore partners (just added so be warned)) global prime citifx pro ---------------------------------- ECN ---------------------------------- mb trading dukascopy Interactive Brokers lmax marex fx black tddirectinvesting fbs hy investment hfx ic markets pfg best
My intention was not to mislead, I apologize for a badly constructed list. I'm too confused about ECN,DMA,STP. From what I've learned the main difference between ECN and DMA is that ECN doesn't have LP providers but rather connects to a pool of unknown LP providers, while DMA has a list of known LP providers and can offer better prices and better execution (ECN can have re-quotes). I was told that every ECN should offer DMA, but not every DMA is necessarily ECN therefore DMA/STP can set spread sizes and no commission while ECN/DMA has commission. There's a lot of misinterpretation about these be it intentional or unintentional, so if anyone can explain the differences between ECN, DMA and STP I would appreciate it a lot.