Wmax · 威马证券 has launched a new ECN account built for high-frequency and algorithmic traders. Orders are handled on a straight-through basis: instead of passing through a dealing desk, they are matched directly against quotes aggregated from Tier-1 banks and multiple liquidity providers.
Key trading conditions
- Raw spreads from 0 pips on EUR/USD, averaging 0.1–0.4 pips on major pairs
- US$6 round-turn commission per lot, no mark-up
- Minimum deposit USD 500, leverage up to 1:1000
- Full support for MQL5 EAs, limit orders, hedging and partial closes
Execution infrastructure
ECN orders are routed through Wmax · 威马证券 cross-connect facilities in Hong Kong (HK2), London (LD4) and New York (NY4), with average round-trip latency below 30 milliseconds. The aggregated liquidity pool covers the Asian, European and American sessions, keeping fills consistent even during high-volatility windows such as NFP or CPI releases.
Who it suits
If you place more than 20 trades a day, run EA strategies, or are highly sensitive to spread cost, the ECN account is usually the better fit. Traders who are just starting out may prefer a Standard or Cent account to validate a strategy with smaller positions before upgrading.