You can open an account on the Forex.ee platform here.

What are the advantages of an ECN account for a volatile market

In the coronavirus crisis and financial chaos, the stability of conditions and the quality of execution on the trading account have become the determining factors for profitable trading. Similar to the past year, the year 2021 will go down in history with a new historically high level reached, collapses and a sharp demand recovery. Autumn trading season has no sigh of change – the markets are waiting for the unwinding of the stimulating “anticovid” economic course from major global regulators, such as Fed and ECB, and monetary tightening.

How effective is using ECN account in volatile markets and what terms and conditions are offered by Forex.ee?

Why is an ECN account suitable for trading in a volatile market?

•    Real provision of liquidity. The ECN account guarantees the presence of a large pool of counterparties, resulting in real liquidity provision. ECN traders do not worry about the lack of liquidity when trading Forex not only in the main basket of currencies, but also trading exotic instruments which are attracting more and more traders' in the covid period.
•    Market quotes. The ECN system itself does not allow execution and closing of orders at “non-market quotes”. In the trading terminal traders have access to an additional instrument – the so-called “Market Depth”, which is a small window where all orders are shown – those from traders to large banks. You will always have the best price in a rapidly changing situation with ECN quotes.
•    Reduction of trade costs and absence of requotes. Forex.ee provides seamless order execution – 200-300 ms, traders are guaranteed the execution of transactions at the requested or the best price available on the market at the moment. In addition, the broker carefully monitors spreads and is on the list of brokers with the tightest spreads and lowest commissions in the industry. You can use the high market volatility of the 2021 to choose any strategy, including scalping and high-frequency trading. Commissions will not reduce your profit.
•    Built-in slippage control mechanism. The MT4 trading terminal in Forex.ee has a built-in mechanism for slippage protection. Slippage most often occurs during periods of sharp market volatility, especially during the release of important news. A built-in mechanism allows you to make profit and save money in the event of a price spike.
•    No trading restrictions. In volatile markets, it is sometimes important to react to changes rapidly and adjust your trading strategy accordingly. At Forex.ee there are no restrictions on transactions duration and on trading styles and strategies.

With the favorable conditions of Forex.ee ECN accounts, a trader can stay in the black even in volatile markets. Trading is available with a leverage 1: 500, the minimum trading lot 0.01, the spread – from 0 pips, the minimum deposit is $200 for the forex and CFD markets and $10 for Crypto! Register an account by following the link.

Why do you need the OCTL2 plug-in from Forex.ee?

For many months, financial markets have been overwhelmed with volatility providing traders with unlimited opportunities for making money. The consequences of the coronavirus pandemic, lockdowns, the global financial crisis and a dramatic change of course in the monetary policies of the leading states – all these issues affect the prices of trading assets. Forex.ee offers the One Click Trading Level2 plugin for traders to get the best price in the market and to make the most of their trading opportunities.

What is the One Click Trading Level2 plugin?

The main purpose of OCTL2 plugin is displaying the depth of market data. It is integrated with MT4 platform and aimed to monitor the current market situation and make transactions in a single click.

One Click Trading Level2 Plugin allows a trader to:

•    open and close orders with a single click;
•    place pending orders;
•    set order volume and Stop Loss and Take Profit levels;
•    access the Depth of Market L2 data: maximum and minimum daily price, average open price and floating profit.

The plugin will be especially useful for the starters and traders who prefer intraday and news trading. In such cases, in highly volatile markets every point counts.

How do I install the OCTL2 plugin in MT4 at Forex.ee?

To download the plugin for free, select Trading > Trader’s Tools on the forexee.com site. To activate the plugin in the MT4 platform, open the file and start the installation process. To see the full instruction, follow the link.

To test the plugin, use a bonus offer from Forex.ee!

For new clients, the company offers a special $ 15 Welcome Bonus to a trading account! The promotion is available to traders who have registered their first STP account with the company.

Open an account with Forex.ee, install the OCTL2 plugin and boost your trading using the best technologies with a reliable Forex.ee broker!

Setting Forex.ee Servers To Winter Time

Dear Clients,

Please note that on November 7, 2021, Forex.ee will set its trading servers to winter time, i.e., from GMT+3 to GMT+2.

The changes are to come into effect at the time of market opening on Monday, November 8, 2021. On crypto accounts where trading is available over the weekend, traders will notice the changes a day earlier, on Sunday, November 7, 2021.

The time switch will be applied to all types of trading accounts .

The server time switch will not affect any open trades or the process of placing, closing, or modifying orders. However, we would recommend that you take the time shift into account when planning your trading activities.

And, finally, please do not forget to synchronize the time zone of your EAs and indicators with Forex.ee’s server, which is GMT+2.

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Your premier ECN broker,
Forex.EE

Trading schedule for the 2021-2022 Winter Holiday period

Dear Traders,

Please be aware of the trading schedule changes for the 2022 Christmas and New Year holiday period (all times are GMT+2):

Friday, December 24
Metal CFDs:

• XAUUSD (GOLD vs. US dollar) — trading closed
• XAGUSD (SILVER vs. US dollar) — trading closed

Please consider these changes when planning your trading activities during the festive season.

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Your premier ECN broker,
Forex.EE