What is an Electronic Communication Network (ECN) ?

ECN’s automated derivatives trading system clearly meet the need of modern day retail and institutional investors. Today’s derivative traders demand tight spreads, deep liquidity, price transparency and anonymity in execution, low slippage and low latency in their trades. Through UGAM, investors and traders can have all this in real-time on their MT4 PC/mobile platform. ECN technology let UGAM aggregate its LPs (Liquidity Providers), connecting investors directly to LPs. The collective volumes of the broker’s clients encourage price competition amongst the LPs and provide the leverage to demand better execution. In doing this the ECN model enables the efficient flow of liquidity between price markers and price takers, meeting the needs of clients to provide the best investing environment for our clients.

Advantage of ECN on UGAM MT4

For example; market trading higher on EURUSD, traders of UGAM ECN Forex will see the best price and lowest possible spreads available on their MT4 app. By connecting to multiple liquidity providers and eliminating any unnecessary latency that will affect your trade, UGAM ECN MT4 is built for day traders, scalpers and expert advisors globally.

Traders get direct connection

UGAM is able to offer tight pricing, low latency, with no re-quote trading conditions through our MT4 platform. We do this by connecting traders to different liquidities providers, allowing them to trade on global institutional grade price with low margin requirement from as low as $500. Executable Streaming Prices (ESP) is sent from UGAM’s liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or re-quotes. Due to the diverse liquidity mix comprising of different liquidity providers at any one time, UGAM ECN is the forex broker of choice for high volume traders, scalpers and robots who demand the tightest spreads and best execution.

One Click Trading

Like all MT4 platform One Click Trading are common, with UGAM ECN MT4 forex traders not only buy/sell with a single click but are sure to be executed without re-quote, spread being widen or slow trades confirmation giving you ultra fast execution. UGAM ECN MT4 trade server has latency of less than 1 milli second, this low latency environment is ideal for automated and High Frequency Trading and scalping.

No Restrictions on Trading – Scalping, intraday traders or Robot, it anything goes.

UGAM ECN MT4 platform has no restrictions on trading, providing some of the best trading conditions for scalping and high frequency trading globally, allowing traders to place orders between the spread as there is NO minimum order distance (minimum point). This means orders including stop loss orders can be placed as close to the market price as you like. Traders can also hedge positions as there is no first in first out (FIFO) rule with UGAM ECN FOREX. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.