We are happy to announce that besides standard accounts, you will now be able to open ECN accounts in local currencies. As of now, SuperForex adds ECN accounts in the following local currencies:
- CLP (Chilean Peso)
- COP (Colombian Peso)
- KRW (South Korean Won)
- TWD (New Taiwan Dollar)
Every time a trader makes a deposit or a withdrawal, they may be subject to exchange fees and commissions by the company performing the exchange. This is the case when the bank account, card, or e-wallet the trader is using is in a different currency from their trading account.
Local currencies eliminate this problem. Someone with a bank account in KRW, for example, and an ECN account in the same base currency won’t have to spend time and money on exchanging funds for each transaction. This in turn leaves more funds available for actual trading.
You can open an ECN account here:
