EA – Expert Advisor – an automated script which is used by trading software to manage positions and orders automatically with little to no manual control.
TRADING GLOSSARY
ECB – European Central Bank – the primary regulatory body of the European Union financial system.
ECN Broker – is a type of Forex brokerage firm that provide its clients direct access to other Forex market participants. ECN brokers do not discourage scalping, do not trade against the client and do not charge spreads, however they do charge a commission for every order.
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