Trading via ECN System and through Dealer Comparison Table


Trading via ECN system  
Trading through dealer  
Order execution
Correlation of buy and sell orders from traders goes on automatically
Traders’ buy and sell orders processed by dealer by searching for the most optimal conditions of order execution
 
Requotes No requotes Depends on the market situation
 
LiquidityMarket liquidity provided by quotes from many market makers Liquidity provided by one market maker
 
Choice of the strategies

Optimal conditions for scalping, news trading and using automatic trading systems (robots) Optimal conditions for trading with pending orders
 
Influence on market dynamics degree
Market dynamics influenced by private investors to a considerable extent General market trends formed by big players, to a lesser extent by private investors
 
Leverage 1:100
1:20 – 1:500
 
Size of deposit
From 1000 USD/EUR  
Unlimited
 
Spread Changing  
Fixed
 
Commission for order execution
Yes  
No
 
SWAP
Yes
Yes
 
Position reopening
No
Yes
 
Accrual of annual interest on funds available on a trading account (IR)
No
Yes
 
Minimum contract size
0.1 of a lot
0.1 of a lot
 
Currency pairs available for trading
40
120
 
   
 
Technical support
support@mrcmarkets.com