What are ECN Fees and can you avoid them With Examples

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=2y6PLQ2LmtE

What are ECN Fees? • ECN fees is a term used to lump all of the Electronic Communication Network fees and alternate trading fees together • Originates is the exchanges and networks that are responsible for matching a seller to a buyer or vice versa • How do ECN fees apply? • ECN fees apply to the end user (you) depending on the broker that you sign up with • Major brokers may hide this fee as it would be built in to the fixed fees that they charge. This would also be in your pricing details with that broker. • Let’s break down how ECN fees are generally charged to your purchase or sale of an asset. • ECN fees are share based. • Is it possible to avoid the fees? • It is possible to avoid ECN fees • In a trade only the buy or sell order that removes liquidity from the market pays the ECN fees • If you place an order in such a way to add liquidity to the market, you will avoid ECN fees when your trade is matched with a buyer or seller. • Choosing a Market order and accept the current price that an asset is at, you will be matched instantly with a buyer/seller. • If you were to place a limit order for a purchase of an asset at a lower price than the current bid price, chances are you are adding liquidity to the market. • Could there be a problem with this? • Should you always try and avoid ECN fees? • Not necessarily • It may actually cost you to try and avoid ECN fees • You don’t necessarily know if you are going to be adding liquidity to the market. • Link to ECN article : • http://www.mechmoney.com/general-inve... • #ecnfees #avoidfees #investingtips #financialtips #mechmoney

#############################

New on site