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According to investwords.com, a 'round turn' is a complete futures transaction, including both entry and exit. It is also called round trip.
According to go-forex.net: ECN is an acronym for Electronic Communications Network. A Forex ECN broker does not have a dealing desk but instead provides a marketplace where multiple market makers, banks and traders can enter in competing bids and offers into the platform and have their trades filled by multiple liquidity providers in an anonymous trading environment. The trades are done in the name of your ECN broker, thereby providing you with complete anonymity. A trader might have their buy order filled by liquidity provider "A", and close the same order against liquidity provider "B", or have their trade matched internally by the bid or offer of another trader. The best bid and offer is displayed to the trader along with the market depth which is the combined volume available at each price. A greater number of marketplace participants providing pricing to the ECN broker leads to tighter spreads. ECN's typically charge a small fee for matching trades between their clients and liquidity providers. ***Forex ECN is a 'NO-DEALING DESK' Broker, which is also known as Forex 'MARKET MAKERS'. They profit from commissions.
According to 100forexbrokers.com: STP - Straight Through Processing - STP Forex brokers send orders directly from clients to the liquidity providers - banks, which trade on the Interbank. Sometimes STP brokers have just one liquidity provider, other times several. The more there are banks and liquidity in the system, the better the fills for the clients. The fact that traders have access to the true market can execute trades immediately without dealer intervention is what makes the platform STP. Its compensation is the spread - 'spread markups'.
