ECN Forex Brokers in the Marshall Islands

As is the case in many of the other Caribbean island nations, the Marshall Islands does not regulate or otherwise supervise ECN forex brokers and other brokers in any way. ECN forex brokers in the Marshall Island are therefore largely free to choose how they want to conduct their business, which results in things like brokers there offering some of the highest trading leverage anywhere in the world.

As opposed to forex brokers with dealing desks, ECN forex brokers do not take the other side of their clients’ trades. Instead, the broker passes the orders directly on to an electronic communication network (ECN) shared with other brokers, where trades are then matched automatically with each other.