Variable Spreads
Variable Spreads on the Axion Trade MT4 platform are derived from our Tier-1 Liquidity Providers in Equinix LD4 (a FX-specific data center in London). There are no commissions charged for trade execution, but a brokerage fee is collected from the spreads.
ECN Spreads
ECN Spreads are derived from an Electronic Communication Network (ECN) that is set up with multiple Liquidity Providers, including banks and hedge funds in Equinix LD4 (a FX-specific data center in London). Traders get to enjoy raw spreads for as low as 0.0 pips for EURUSD direct from the market participants at a flat fee of as low as 0.50 USD per lot in commission charged for Forex instruments.