I'm wondering if ECN brokers provide the service of trading in cryptocurrencies. I'm interested in this because I'm considering investing in the
crypto market and want to know if ECN brokers are an option for this.
6 answers
GalaxyWhisper
Fri Nov 15 2024
Nonetheless, the genuine ECN liquidity in the cryptocurrency market cannot match that of the forex market.
Raffaele
Fri Nov 15 2024
This is attributed to the scarcity of regulated crypto exchanges that can offer ECN pricing.
Eleonora
Fri Nov 15 2024
ECN brokers operate by directly connecting traders with the interbank market, offering raw spreads and fast execution.
Martino
Fri Nov 15 2024
Some ECN brokers may incorporate cryptocurrency trading into their services, albeit the availability differs among brokers.
DigitalLegend
Fri Nov 15 2024
In contrast, STP (Straight Through Processing) brokers route orders to liquidity providers without any dealing desk intervention.