Some people turn into ECN brokers UK for convenience trade. This is something that can be expected because broker business is shady and unstable. In order to create a forex system that is more stable and more convenient, ECN is established. As previously mentioned in other articles, ECN broker is super beneficial because the broker cannot turn against the traders. In fact, there is no need to do that because participants have agreed to pay the broker at the specific price which cannot be changed. Now, it is important to know that the broker service also usually offers an extra bonus that will help you through the new forex system.
Bonuses In ECN Brokers UK
The first thing that you will get is called convenience minimum pipe pair. The pair is usually 2 or 3 pips. That will create a leverage for your business in this world because it enhances your profit. Moreover, the leverage is also as high as 1:400 and more. That means money right there. ECN brokers UK definitely can help you to reap up profit. However, it is even better if you know that there is no hidden fee at all. You do not need to pay commission to the brokers because they are basically paid already. Therefore, it is an excellent way to get profit.
The next bonus that you can get is 48 currencies trade. It is beneficial especially if you are aware that specific currency is going to be strong in the future. This obviously allows you to bid on the currency and buy it for a later trade. Thus, you will get another profit easily. ECN brokers UK will not tell you that there is such opportunity, but it is right there. To begin, you only need $100 and there are some other bonuses and that include another $100.