How to choice a best forex broker? What is ENC and No Dealing Desk
How to choice a best forex broker?
You have to choice a broker as ECN or NDD that means your broker’s server must connect with the bank server. This is must for forex brokers. Your brokers won’t be money makers or dealing desk category because these type brokers have own server and wouldn’t connect in bank servers.
What is ECN?
ECN stands for Electronic Communication network. A system wherein orders to buy and sell are matched through a network of banks and dealers is called ECN.
What is NO Dealing Desk?
This broker provides a platform to which liquidity providers such as bank can offer prices. Inward orders are routes to the best available buy or sell.



