Advertisements:

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 85 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Regulation Spread US
EXNESS $1 7.6 0.01      1:2000   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • CRFIN (Russia)
  • CySEC, 178/12
Countries CY RU 
Forex Broker Inc. $5 4.8 0.001    1:500   
Platforms
  • MetaTrader 4
  • WebTrader
  • MobileTrader
Countries BZ MT 
FxGlory $1 7.6 0.01       1:3000   
Platforms
  • MetaTrader 4
Regulation
  • National Bank of Georgia, N2-06/3625-12
Countries BG GE 
FXOpen $1 4.4 0.001       1:500   
Platforms
  • MetaTrader 4
Regulation
  • FCA (UK)
  • FSP (New Zealand), FSP192685
Countries EG FR ID MU MY RU 
RoboForex $1 5.3 0.001      1:500   
Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Currenex Viking
  • cTrader
Regulation
  • CySEC
  • FSCL (New Zealand)
  • FSP (New Zealand), 246525
Countries EG GB HK ID LV MD MY NZ RO RU TH TW 
Mayzus $25 7.0 0.01      1:500   
MasterForex $1 - 0.01    1:500   
Alpari $1 4.8 0.00000     1:500   
RTFX $1,000 - 10 1:100   
Dukascopy $100 4.6 0.01   1:200   
IG Markets $1 7.0 0.1   1:200   
FXDD $250 4.0 0.01    1:200   
FxPro $100 5.8 0.1       1:500   
Forex-Metal $1 4.0 0.01       1:500   
TradeView Forex $100 - 0.01    1:400   
ATC Brokers $5,000 - 1   1:200   
HY Markets $50 8.6 0.02      1:325   
Admiral Markets $10 4.6 0.1    1:500   
Bulbrokers $100 - 0.01     1:200   
MRC Markets $1 - 0.1     1:500   
RFXT $1 - 0.1   1:400   
1pipfix $100 - 0.01   1:400   
Renesource Capital $10 - 0.01 1:100   
Investors Europe $250 - 0.01    1:400   
2pipfixed $100 - 0.01   1:400   
UPME Group (ex-fxUP.me) $10 1.0 0.01     1:1000   
4RunnerForex $100 - 0.01   1:400   
Forex-Trend $20 5.0 0.01    1:100   
Loyal Forex $100 - 0.01   1:400   
Ajax Financial $500 7.8 0.1 1:100   
SunbirdFX $100 2.5 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 5.3 0.01      1:500   
Synergy FX $500 - 0.01    1:500   
Trader's Way $1 8.9 0.001     1:1000   
Grand Capital $1 6.5 0.0001    1:500   
Ikon Group $150 - 0.01    1:500   
Orbex (ex-AFBFX) $100 - 0.01      1:500   
Abshire-Smith $500 - 0.1    1:200   
1LotSTP.com $1 - 0.01   1:400   
Bestec NFX $100 - 0.05    1:100   
OctaFX $5 - 0.01     1:500   
3TG Brokers (ex-3TG FX) $300 8.5 0.01      1:500   
FXSystems.com $25,000 - 1    1:500   
NordFX $1 - 0.01      1:500   
SmartTradeFX $100 - 0.01   1:200   
JFX $100 - 0.01    1:500   
FXOpen AU $200 - 0.1    1:500   
AxiTrader $200 7.3 0.01    1:400   
TradingForex.com $200 - 0.01      1:200   
NetoTrade $500 - 0.01   1:400   
GAINSY $10 4.9 0.01      1:500   
MFC Investment $1,000 - 0.1 1:200   
Boston Prime FX $100,000 - 0.1 1:100   
Tallinex $100 - 0.01   1:400   
UMOFX $1 - 0.01     1:500   
Weltrade $20 - 0.01     1:500   
COMMEXFX $200 - 0.01     1:400   
Euro Pacific Bank $2,500 - 0.01 1:100   
Price Markets $0.01 - 0.1    1:300   
NSFX $300 - 0.01    1:200   
Core Liquidity Markets $250 - 0.01     1:400   
USGfx $100 - 0.01    1:500   
BZ Trading $3,500 - 0.1 1:100   
JustForex $2 - 0.01    1:500   
TenkoFX $10 - 0.01      1:500   
WhichWay $100 - 0.01    1:500   
Invast Financial Services $100 - 0.01   1:400   
Greenvault Fx $1 - 0.01      1:1000   
MXT Global $100 - 0.01   1:500   
ELEX Electronic Markets $5,000 - 0.01   1:100   
Real ECN $100 - 0.01     1:400   
Hantec Markets $1,000 - 0.01    1:200   
FXtradeweb $1,000 - 0.01    1:500   
zebrafx $5 - 0.01     1:200   
Pantheon Finance $20 - 0.01   1:100   
FX-EDGE $500 - 0.01    1:100   
4XP $10 3.7 0.01      1:300   
Boston Merchant Financial $100 7.0 0.1     1:400   
Forex Time $0.01 - 0.01     1:1000   
FxCompany $10 4.0 0.01    1:500   
FastBrokers $2,500 - 0.1    1:200   
GKFX $1 - 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.


© 2005—2014 EarnForex.com. Design — Mart Studio.
Do You Believe in Forex Tick Volume? Poll.