There are a multitude of platforms that can be used to trade on, each better for certain things. Some allow execution only, some have great charts and ones like Ayondo social trading allow you to automatically copy other traders.
IC Markets – If the increase in margin requirements means you need more liquidity you can trade offshore with one of the leading brokers outside of the EU. At the moment IC Markets is allowing sign ups from the UK.
A true electronic communications networks (ECN) trading environment allows you to trade online on institutional grade liquidity from the worlds leading investment banks and dark pool liquidity execution venues, allowing you to trade on spreads from 0.0 pips. You can now trade along side the worlds biggest banks and institutions with your order flowing straight into a true ECN environment, with no dealing desk or price manipulation.
An ECN broker uses electronic communications networks (ECNs) to give clients direct access to other participants in currency markets. Because an ECN broker consolidates price quotations from several market participants, it can generally offer its clients tighter bid/ask spreads than would be otherwise available to them.
Trading Accounts Offered
IC Markets provides their traders with 3 different account types tailored made to accommodate each trader’s needs. Traders can choose from a “Standard”, “True ECN”, or a “cTrader ECN” account. The accounts have their differences, but basically all offer the same features.
The True ECN account offers slightly lower spreads – but they are very low across all the accounts. In addition to these accounts, traders can also practice trading on with IC Markets via their live demo account. This account allows the trader to practice using virtual money in a live market environment.