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 62 brokers listed in the table below.
| Forex Broker |
Min. Account Size |
Broker Rating |
Min. Position Size |
Payment |
Max. Leverage |
Regulation |
Spread |
US |
|---|
| LQD Markets (ex-Tadawul FX) |
$1,000 |
4.6 |
0.00000 |
|
1:500 | | | |
| Platforms |
- MetaTrader 4
- MT4 Web Trader (XOGEE)
- MT4 Mobile (XOGEE)
- cTrader
| Regulation |
- BaFin
- CySEC
- FSA (UK), 516667
|
| Countries |
   |
|
| FXM Financial Group |
$1 |
- |
0.0001 |
|
1:400 | | | |
|
|
| Grand Capital |
$1 |
5.5 |
0.0001 |
|
1:500 | | | |
| Platforms |
| Regulation |
|
| Countries |
      |
|
| Forex Broker Inc. |
$5 |
9.4 |
0.001 |
|
1:500 | | | |
| Platforms |
- MetaTrader 4
- WebTrader
- MobileTrader
| | |
| Countries |
  |
|
| RoboForex |
$10 |
5.5 |
0.001 |
|
1:500 | | | |
| Platforms |
- MetaTrader 4
- MetaTrader 5
- cTrader
| Regulation |
- FSCL (New Zealand)
- FSP (New Zealand), 246525
|
| Countries |
         |
|
| Trader's Way |
$1 |
8.5 |
0.001 |
|
1:1000 | | | |
| EXNESS |
$100 |
7.5 |
0.01 |
|
1:2000 | | | |
| Mayzus (ex-United World Capital) |
$25 |
8.2 |
0.01 |
|
1:500 | | | |
| MasterForex |
$1 |
- |
0.01 |
|
1:500 | | | |
| Alpari |
$100 |
4.6 |
0.01 |
|
1:500 | | | |
| Dukascopy |
$500 |
4.0 |
0.01 |
|
1:100 | | | |
| MFFX |
$100 |
- |
0.01 |
|
1:500 | | | |
| FIBOGroup |
$300 |
3.3 |
0.01 |
|
1:200 | | | |
| FXDD |
$250 |
4.0 |
0.01 |
|
1:200 | | | |
| Forex-Metal |
$1 |
5.5 |
0.01 |
|
1:500 | | | |
| TradeView Forex |
$100 |
- |
0.01 |
|
1:400 | | | |
| FXD24 |
$10 |
- |
0.01 |
|
1:500 | | | |
| Investors Europe |
$250 |
- |
0.01 |
|
1:400 | | | |
| FBS |
$5 |
- |
0.01 |
|
1:500 | | | |
| fxUP.me (ex-RVMarkets) |
$10 |
- |
0.01 |
|
1:1000 | | | |
| 4RunnerForex |
$100 |
- |
0.01 |
|
1:400 | | | |
| Forex-Trend |
$20 |
5.0 |
0.01 |
|
1:100 | | | |
| Universal FX |
$500 |
8.4 |
0.01 |
|
1:100 | | | |
| Loyal Forex |
$50 |
- |
0.01 |
|
1:400 | | | |
| SunbirdFX |
$100 |
4.0 |
0.01 |
|
1:100 | | | |
| Real-Forex |
$1,000 |
- |
0.01 |
|
1:100 | | | |
| Forex-Broker |
$2 |
- |
0.01 |
|
1:500 | | | |
| FinFX |
$10 |
- |
0.01 |
|
1:200 | | | |
| IronFX |
$500 |
7.9 |
0.01 |
|
1:500 | | | |
| Synergy FX |
$500 |
- |
0.01 |
|
1:500 | | | |
| Ikon Group |
$1,000 |
- |
0.01 |
|
1:500 | | | |
| 1LotSTP.com |
$1 |
- |
0.01 |
|
1:400 | | | |
| OctaFX |
$5 |
8.9 |
0.01 |
|
1:500 | | | |
| 3TG Brokers (ex-3TG FX) |
$1 |
10 |
0.01 |
|
1:500 | | | |
| SmartTradeFX |
$100 |
- |
0.01 |
|
1:200 | | | |
| JFX |
$100 |
- |
0.01 |
|
1:500 | | | |
| AxiTrader |
$250 |
7.0 |
0.01 |
|
1:400 | | | |
| FXVV |
$10 |
8.5 |
0.01 |
|
1:2000 | | | |
| TradingForex.com |
$200 |
- |
0.01 |
|
1:200 | | | |
| NetoTrade |
$100 |
- |
0.01 |
|
1:400 | | | |
| GAINSY |
$10 |
10 |
0.01 |
|
1:500 | | | |
| Tallinex |
$100 |
- |
0.01 |
|
1:400 | | | |
| Weltrade |
$20 |
- |
0.01 |
|
1:500 | | | |
| ZlatFx |
$100 |
- |
0.01 |
|
1:100 | | | |
| 4XP |
$10 |
7.6 |
0.01 |
|
1:300 | | | |
| You Trade FX |
$100 |
1.9 |
0.01 |
|
1:500 | | | |
| Bestec NFX |
$100 |
- |
0.05 |
|
1:100 | | | |
| FXOpen |
$1 |
3.3 |
0.1 |
|
1:500 | | | |
| IG Markets |
$1 |
- |
0.1 |
|
1:200 | | | |
| FxPro |
$500 |
8.0 |
0.1 |
|
1:500 | | | |
| Admiral Markets |
$10 |
1.8 |
0.1 |
|
1:500 | | | |
| MRC Markets |
$20 |
- |
0.1 |
|
1:500 | | | |
| RFXT |
$1 |
- |
0.1 |
|
1:400 | | | |
| Ajax Financial |
$500 |
10 |
0.1 |
|
1:100 | | | |
| Abshire-Smith |
$500 |
- |
0.1 |
|
1:200 | | | |
| FXOpen AU |
$200 |
- |
0.1 |
|
1:500 | | | |
| MFC Investment |
$1,000 |
- |
0.1 |
|
1:200 | | | |
| Boston Merchant Financial |
$100 |
8.2 |
0.1 |
|
1:400 | | | |
| FastBrokers |
$2,500 |
- |
0.1 |
|
1:200 | | | |
| ATC Brokers |
$5,000 |
- |
1 |
|
1:200 | | | |
| FXSystems.com |
$25,000 |
- |
1 |
|
1:500 | | | |
| RTFX |
$200 |
- |
10 |
|
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.
