ECN Forex Brokers

A list of ECN Forex brokers that provide Forex traders with a direct access to the other Forex market participants — retail and institutional. This results in some advantages — no anti-scalping, no «stop-loss hunting», very low spreads; and disadvantages — ECN brokers charge commissions for Forex trading. ECN stands for Electronic Communication Network and means a network of traders connected via the broker. Such brokers often employ one of the following trading platforms: Currenex Classic, Currenex Viking, MetaTrader 4 ECN, Integral Power Trader. You will find 97 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
EXNESS $1 7.3 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY VC
  • Regulation
    • CySEC, 178/12
    • IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
FxGlory $1 7.2 0.01 1:3000
  • Platforms
    • MetaTrader 4
    • WebTrader
  • Countries
    BG GE
  • Regulation
    • National Bank of Georgia, N2-06/3625-12
RoboForex $1 4.8 0.01 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
  • Countries
    CN EG GB HK ID LT LV MD MY NZ RO RU TH TW
  • Regulation
    • CySEC, 191/13
    • FSCL (New Zealand), 4148
    • FSP (New Zealand), 246525
    • IFSC (Belize), IFSC/60/271/TS/14
ForexTime (FXTM) $0.01 8.2 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY GB NG
  • Regulation
    • CySEC, 185/12
    • IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.
LiteForex $10 7.6 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    BG ID IN MY PK RU TH
  • Regulation
    • RAFMM
AMarkets $1 7.2 0.01 1:1000
Mayzus $1,000 5.5 0.01 1:1000
FXOpen $1 7.9 0.001 1:500
MFX Broker $1 7.8 0.01 1:500
Dukascopy $100 5.5 0.01 1:200
IG $1 5.5 0.1 1:200
FXDD $250 3.3 0.01 1:500
TradeView Forex $100 - 0.01 1:400
ATC Brokers $5,000 - 1 1:200
HY Markets $50 7.5 0.02 1:325
FXCL $1 7.8 0.01 1:500
Bulbrokers $100 - 0.01 1:200
RFXT $1,000 - 0.01 1:400
Renesource Capital $10 - 0.01 1:100
AAAFx $300 2.3 0.01 1:500
Forex-Trend $20 5.1 0.01 1:100
SunbirdFX $100 1.4 0.01 1:100
Real-Forex $2,000 - 0.01 1:100
Univell Broker $50 - 0.01 1:200
FinFX $100 - 0.01 1:200
IronFX $500 4.2 0.01 1:500
Synergy FX $500 - 0.01 1:500
Trader's Way $1 7.3 0.01 1:1000
Grand Capital $1 8.4 0.0001 1:500
MEX Group (ex-Ikon Group) $300 - 0.01 1:500
Abshire-Smith $500 - 0.1 1:200
Bestec NFX $100 - 0.05 1:100
OctaFX $5 - 0.01 1:500
3TG Brokers $300 8.5 0.01 1:500
NordFX $1 - 0.01 1:1000
AxiTrader $200 4.9 0.01 1:400
TradingForex.com $200 - 0.01 1:200
ThinkForex $250 3.3 0.01 1:500
NetoTrade $500 - 0.01 1:400
GAINSY $10 9.6 0.01 1:500
Tallinex $100 - 0.01 1:1000
UMOFX $1 1.0 0.01 1:500
Euro Pacific Bank $2,500 - 0.01 1:100
Price Markets $0.01 - 0.1 1:300
NSFX $300 8.5 0.01 1:200
Core Liquidity Markets $250 - 0.01 1:400
USGFX $100 - 0.01 1:500
JustForex $0.50 9.1 0.01 1:2000
TenkoFX $10 - 0.01 1:500
Invast Financial Services $100 - 0.01 1:400
Romanov Capital $100 - 0.01 1:100
Real ECN $100 - 0.01 1:400
IfamDirect $100 - 0.1 1:500
Hantec Markets $1,000 - 0.01 1:200
FX-EDGE $500 - 0.01 1:100
HiWayFX $20 8.2 0.01 1:500
FX Next $500 - 0.01 1:200
GDMFX $100 - 0.01 1:500
FXFINPRO Capital $500 7.0 0.1 1:100
SaudiQuote $10,000 - 0.01 1:100
FX Choice $100 - 0.01 1:200
ACFX $50 - 0.01 1:500
Forex.ee $10 - 0.01 1:500
Zar FX $500 1.0 0.01 1:100
10Markets $200 6.9 0.01 1:500
PhillipCapital $200 - 0.01 1:200
iClickNTrade $500 - 0.01 1:500
FXPRIMUS $250 - 0.01 1:500
ADS Securities $1 - 0.01 1:500
TrioMarkets $100 - 0.01 1:300
BCapitalsFX $10 - 0.01 1:400
Seven Star FX $500 - 0.01 1:100
Vomma Trading $10 1.0 0.01 1:500
Bulls Capital Markets $50 - 0.01 1:1000
Bolmax Management $100 9.3 0.1 1:100
FinPro Trading $5 - 0.01 1:300
FxGrow $100 8.3 0.01 1:200
Alvexo $500 - 0.01 1:400
Trade12 $250 8.2 0.01 1:400
MTI Markets $100 - 0.01 1:1000
Vipro Markets $25 - 0.01 1:500
Titan FX $200 - 0.01 1:500
VARIANSE $500 - 0.01 1:100
FCI Markets $1 - 0.01 1:100
TradeWiseFX $25 - 0.01 1:500
TraderNovo $100 - 0.01 1:100
Atiora $50 - 0.01 1:100
TempletonFX $500 - 0.01 1:400
ECN PRIME $100 - 0.01 1:400
FX Giants $500 - 0.01 1:500
Hydra Markets $100 - 0.01 1:1000
Alpari $1 2.9 0.01 1:500
Forex Broker Inc. $100 8.2 0.001 1:500
FreshForex $1.40 8.2 0.01 1:500
Orbex $500 - 0.01 1:500
FastBrokers $2,500 - 0.1 1:200
GKFX $1 8.4 0.01 1:100

Not all traders understand the immediate benefits of trading with an ECN broker, so here is a short list of them:

  • There is no conflict of interest between a trader and an ECN broker.
  • Better pricing. The chances are that you will be able to get a lower Ask for buying and higher Bid when selling.
  • A choice of liquidity providers and commission structure. When you trade a lot, you can negotiate such terms with your broker.
  • Access to volume data and traders' sentiment information of your broker's liquidity pool.