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 72 brokers listed in the table below.
| Forex Broker | Min. Account Size | Broker Rating | Min. Position Size | Payment | Max. Leverage | Serious Regulation | Spread | US |
|---|---|---|---|---|---|---|---|---|
| FXTM | $10 | 8.7 | 0.01 | 1:1000 | ||||
|
||||||||
| AAFX Trading | $100 | 9.6 | 0.01 | 1:2000 | ||||
|
||||||||
| Alpari | $1 | 4.5 | 0.01 | 1:1000 | ||||
|
||||||||
| RoboForex | $10 | 4.9 | 0.01 | 1:2000 | ||||
|
||||||||
| Exness | $1 | 7.2 | 0.01 | 1:2000 | ||||
|
||||||||
| FXOpen | $1 | 8.3 | 0.001 | 1:500 | ||||
| AMarkets | $1 | 7.4 | 0.01 | 1:1000 | ||||
| LiteForex | $50 | 5.4 | 0.01 | 1:500 | ||||
| OANDA | $1 | 6.4 | 0.00001 | 1:50 | ||||
| IG | $1 | 4.6 | 0.01 | 1:50 | ||||
| FXDD | $250 | 5.5 | 0.01 | 1:30 | ||||
| TradeView Forex | $100 | - | 0.01 | 1:400 | ||||
| Ingot Brokers | $100 | - | 0.01 | 1:400 | ||||
| ATC Brokers | $5,000 | - | 1 | 1:200 | ||||
| FXCL | $1 | 7.8 | 0.01 | 1:500 | ||||
| Bulbrokers | $100 | - | 0.01 | 1:200 | ||||
| Renesource Capital | $10 | - | 0.01 | 1:100 | ||||
| AAAFx | $300 | 3.0 | 0.01 | 1:30 | ||||
| Trader's Way | $1 | 7.5 | 0.01 | 1:1000 | ||||
| Grand Capital | $10 | 6.4 | 0.01 | 1:500 | ||||
| Abshire-Smith | $500 | - | 0.1 | 1:200 | ||||
| GAINSY | $10 | 9.2 | 0.01 | 1:500 | ||||
| Tallinex | $100 | - | 0.01 | 1:1000 | ||||
| Euro Pacific Bank | $2,500 | - | 0.01 | 1:100 | ||||
| Price Markets | $0.01 | - | 0.1 | 1:300 | ||||
| XGLOBAL Markets | $1 | - | 0.01 | 1:30 | ||||
| NSFX | $300 | 8.5 | 0.01 | 1:30 | ||||
| USGFX | $100 | - | 0.01 | 1:500 | ||||
| JustForex | $1 | 8.5 | 0.01 | 1:3000 | ||||
| TenkoFX | $10 | 9.0 | 0.01 | 1:500 | ||||
| Invast Financial Services | $100 | - | 0.01 | 1:400 | ||||
| Hantec Markets | $1,000 | - | 0.01 | 1:30 | ||||
| Tickmill | $100 | 8.0 | 0.01 | 1:500 | ||||
| Forex.ee | $10 | - | 0.01 | 1:500 | ||||
| PhillipCapital | $200 | - | 0.01 | 1:200 | ||||
| FXPRIMUS | $1,000 | - | 0.01 | 1:500 | ||||
| ADS Prime | $200 | - | 0.01 | 1:500 | ||||
| TrioMarkets | $500 | 6.4 | 0.01 | 1:300 | ||||
| Bolmax Management | $100 | 8.7 | 0.1 | 1:100 | ||||
| FxGrow | $100 | 8.7 | 0.01 | 1:300 | ||||
| Alvexo | $500 | - | 0.01 | 1:400 | ||||
| VARIANSE | $500 | - | 0.01 | 1:100 | ||||
| FCI Markets | $1 | - | 0.01 | 1:100 | ||||
| TempleFX | $50 | - | 0.01 | 1:400 | ||||
| FX Giants | $100 | - | 0.01 | 1:30 | ||||
| Land-FX | $300 | 8.8 | 0.01 | 1:500 | ||||
| LQDFX | $20 | 8.9 | 0.01 | 1:500 | ||||
| TegasFX | $200 | - | 0.01 | 1:200 | ||||
| FP Markets | $100 | - | 0.01 | 1:500 | ||||
| Turnkey Forex | $5 | 9.1 | 0.01 | 1:400 | ||||
| Circle Markets | $100 | - | 0.01 | 1:500 | ||||
| Tifia | $10 | - | 0.01 | 1:1000 | ||||
| World Forex | $1 | 10 | 0.01 | 1:500 | ||||
| AMEGA | $1 | - | 0.01 | 1:1000 | ||||
| Big Boss | $1 | - | 0.01 | 1:555 | ||||
| Coinexx | $7 | 4.8 | 0.01 | 1:500 | ||||
| Dukascopy | $100 | 4.9 | 0.001 | 1:200 | ||||
| FBS | $1 | 4.4 | 0.01 | 1:3000 | ||||
| FreshForex | $200 | 8.5 | 0.01 | 1:1000 | ||||
| HYCM | $100 | 7.8 | 0.02 | 1:325 | ||||
| IronFX | $100 | 4.2 | 0.01 | 1:30 | ||||
| OctaFX | $100 | 6.7 | 0.01 | 1:500 | ||||
| Orbex | $500 | 7.8 | 0.01 | 1:500 | ||||
| Vantage FX | $200 | 6.0 | 0.01 | 1:500 | ||||
| Imperial Global Markets | $1,000 | 9.2 | 0.01 | 1:100 | ||||
| MultiBank (ex-MEX Group) | $50 | - | 0.01 | 1:500 | ||||
| RCPro | $500 | - | 0.01 | 1:200 | ||||
| INFINOX | $100 | - | 0.01 | 1:30 | ||||
| Fondex | $1 | - | 0.01 | 1:30 | ||||
| FX Trading Pro | $20 | - | 0.01 | 1:50 | ||||
| ACY Securities | $100 | - | 0.01 | 1:500 | ||||
| Olymp Trade | $2 | 10 | 0.01 | 1:500 | ||||
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.