Execution speed is the time between pressing Buy or Sell and the fill coming back. Most of that time is spent in transit between your device and the trading server, not inside the broker. Enso Markets runs ECN-style pricing on MetaTrader 5 with spreads from 0.0 pips, and this guide shows where the milliseconds go, how to measure them yourself in MT5, and what you can change to get fills closer to the price on your screen.
Where the time goes
| Stage | What happens | What controls it |
|---|---|---|
| 1. Your device to the server | The order travels over the internet to the MT5 trade server | Your connection, distance to the server, Wi-Fi or cable |
| 2. Server processing | The server checks margin and passes the order on | Broker infrastructure |
| 3. Matching to liquidity | The order is filled at the best available price | Market depth at that moment |
| 4. Confirmation back | The fill returns to your terminal | The same network path as stage 1 |
Stages 1 and 4 are the round trip, and for a home connection far from the server they are usually the largest part of the total.
How to measure it in MetaTrader 5
The connection indicator in the bottom-right corner of the MT5 desktop terminal shows the current ping to the trade server in milliseconds. Clicking it lists the available access points with their ping, and MT5 can rescan to pick the fastest one. After a trade, the Journal tab records when the order was sent and when it was filled, so you can compare the two.
| Where to look | What it tells you |
|---|---|
| Connection indicator (bottom right) | Current ping to the trade server |
| Access point list | Ping to each server access point; rescan picks the fastest |
| Journal tab | Time stamps for order sent and order filled |
| History tab | The fill price to compare with the price you clicked |
What you can change
| Change | Effect |
|---|---|
| Wired connection instead of Wi-Fi | Fewer dropped packets and steadier ping |
| Rescan access points in MT5 | Connects through the fastest route available |
| A VPS close to the trade server | Cuts the round trip for Expert Advisors that run around the clock |
| Limit orders where price matters | The fill can only be at your price or better |
| Avoid the first seconds after major releases | Prices move fastest then, so any delay costs more |
Speed and slippage
Speed matters because prices move while an order is in transit. On a market order, the longer the round trip, the more the market can move before the fill, and that difference is slippage. On an ECN-style account slippage runs in both directions: the fill can be better or worse than the screen price. Fast connections narrow the window; limit orders remove negative slippage at the cost of possibly not filling. The liquidity and execution guide covers how orders are matched.
Execution infrastructure for prop firms, IBs and institutions
Enso Markets’ main business is B2B: brokerage infrastructure for proprietary trading firms, introducing brokers and institutional partners, covering MetaTrader 5 hosting, liquidity access, account administration, FIX API and white-label set-ups. For a prop firm, consistent execution across evaluation and funded accounts matters as much as raw speed, because traders are judged on the same rules in both phases. Firms with their own systems can connect through FIX API for direct order routing. Start on the partnership page or write to marketing@ensomarket.com.
Frequently asked questions
How do I check my ping in MT5?
Look at the connection indicator in the bottom-right corner of the desktop terminal. It shows the ping to the trade server in milliseconds.
Do I need a VPS?
Not for manual trading on a stable connection. A VPS helps when an Expert Advisor has to run around the clock or when your home connection is far from the server.
Why was my fill different from the price I clicked?
The market moved while the order was travelling to the server. This is slippage, and it can be positive or negative. Limit orders fill only at your price or better.
Can institutions connect without MT5?
Yes, through FIX API. Contact the partnerships team at marketing@ensomarket.com.
Figures as of 26 October 2026. Leveraged trading involves risk and may not be suitable for all investors.