In the past six years I was trading with Currenex & Ducascopy, and now I am trading on Marex Black.
The problem with all those ECNs is that you can't place your limit buy order in the way that you are best BID, or limit sell order that you are best ASK.
In other words, if market quote for EUR/USD is 1.3301/1.3303, and I submit my buy order @ 1.3302, I won't become best BID, and the price will remain @ 1.3301/1.3303.
So my limit buy @ 1.3302 will be filled only when quote moves down for 1 pip.
They are not working like stock exchanges where you can place your BID, and become the best BID on the market and get filled when someone sells through market order.
So my question is.
Is there any ECN broker that is working like stock exchange, and with possibility to place order in the way to become best BID/ASK.
The problem with all those ECNs is that you can't place your limit buy order in the way that you are best BID, or limit sell order that you are best ASK.
In other words, if market quote for EUR/USD is 1.3301/1.3303, and I submit my buy order @ 1.3302, I won't become best BID, and the price will remain @ 1.3301/1.3303.
So my limit buy @ 1.3302 will be filled only when quote moves down for 1 pip.
They are not working like stock exchanges where you can place your BID, and become the best BID on the market and get filled when someone sells through market order.
So my question is.
Is there any ECN broker that is working like stock exchange, and with possibility to place order in the way to become best BID/ASK.