FXCM is ECN? They have a STP account, but I guess the most take the dealing desk account and here is scalping interdict and here happens by far the most scammings. Of course, you trade quicker as they can react to your orders, so their intermediate or subcompany looses in the long run and that's not the goal of a dealing desk broker.
An ECN account must allow scalping, otherwise it's no ECN, isn't it?
From another trader I'm d'accord with:
okay heres the hint: good brokers has commisions on every trade, spreads are very small and sometimes zero. Ecn brokers has a little budget for advertising because they only get money from commissions.
Be careful to check their bank partners. and review their withdrawal problems and requirements...
Good ecn brokers has only one kind of account.. I mean one type of account not necessarily one account
because some brokers offers 3 kinds but if you look further they re all the same...
only prob with ecn is minimum req capital is high...
