Quote:
Originally Posted by Optional
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Also... I realised that even though they have really tight spreads, in most cases an ECN broker is going to cost more in fees than a fixed spread spot broker.. but the real advantage is that an ECN isn't trading against you and therefore has no incentive to see you lose like dealing desk spot brokers.
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That alone in my opinion makes it worthwhile to pay extra in commission fees to the ECN broker. And don't worry as more and more ECN's brokers enter the market commission rates will surely drop as competition increases.
Umm, also can you provide me with a link to where you read that MT4 can only operate as a dealing-desk platform? I'm just curious.