ECN Forex Brokers
A list of ECN Forex brokers which provide Forex traders
with a direct access to 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.
Sort by: Order | Minimum Account | Traders' Rating | Name
FastBrokers
Company: Fast Trading Services LLC
On-line since: 2006
Regulation: A member of NFA (ID:0342002) and registered with CFTC.
Payment options: Wire transfer, PayPal and credit cards
Minimum account size: $500
Minimum lot size: 0.01 lot
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD
Rating: 6.3/10 with 44 votes
Rate
Reviews: Read or write a review of FastBrokers broker
Categories: PayPal Forex brokers , Metatrader Forex brokers , ECN Forex brokers
Advantages:
MetaTrader platform available
Disadvantages:
Introducing broker of FXDD
Click here to open an account with FastBrokers
Interactive Brokers
Company: Interactive Brokers Group, LLC
On-line since: 1998
Regulation: Regulated by the SEC, NASD, NYSE, SFA and other regulatory agencies around the world.
Payment options: Bank wire, checks and on-line check
Minimum account size: $5,000
Minimum lot size: 1 lot
Leverage: from 1:20 to 1:50
Spreads: ECN broker - 1 pip (or lower) on EUR/USD
Rating: 8.0/10 with 39 votes
Rate
Reviews: Read or write a review of Interactive Brokers broker
Categories: Forex brokers with web platform , ECN Forex brokers , Forex brokers with advanced platform , Institutional Forex brokers , Forex brokers with CFD trading
Advantages:
ECN Forex broker - low spreads, perfect market conditions
Repuatable company
Universal account for Forex, Stock, Futures and Options trading
Disadvantages:
No MetaTrader4 software support
No demo account
No mini Forex accounts
Click here to open an account with Interactive Brokers
MB Trading
Company: MB Trading Futures, Inc. (MBTF) and 3DForex, LLC
On-line since: 2002
Regulation: Commodity Futures Trading Commission (CFTC) registered Futures Commission Merchant (FCM) and a member of National Futures Association (NFA).
Payment options: Bank wire
Minimum account size: $400
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: ECN broker - 0.5 pips average on EUR/USD
Rating: 8.2/10 with 27 votes
Rate
Reviews: Read or write a review of MB Trading broker
Categories: ECN Forex brokers , Institutional Forex brokers
Advantages:
ECN Forex broker
Low, floating spreads
Supports trading over the phone
Disadvantages:
Commissions for trading
No MetaTrader 4 software support
Opening an account is a complicated process
Residents of some countries can't open account
Click here to open an account with MB Trading
Hotspot FX
Company: Hotspot FX LLC
On-line since: 2000
Regulation: Member of the National Futures Association (NFA) and is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC).
Payment options: Bank wire and checks
Minimum account size: $7,500
Minimum lot size: 1 lot
Leverage: 1:33 and 1:50
Spreads: ECN broker - spread varies
Rating: 7.5/10 with 60 votes
Rate
Reviews: Read or write a review of Hotspot FX broker
Categories: Metatrader Forex brokers , ECN Forex brokers , Forex brokers with advanced platform
Advantages:
One of leading ECN brokers
Advanced trading platform
MetaTrader 4 API integration is available
Disadvantages:
No mini Forex accounts
Account opening is a complicated process
Click here to open an account with Hotspot FX
EFX Group
Company: Introducing broker of MB Trading broker
On-line since: 2000
Regulation: See MB Trading
Payment options: Bank wire and checks
Minimum account size: $400
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: ECN broker - spread varies
Rating: 7.3/10 with 8 votes
Rate
Reviews: Read or write a review of EFX Group broker
Categories: ECN Forex brokers
Advantages:
Low minimum ECN Forex broker
Disadvantages:
No Metatrader 4 software support
Click here to open an account with EFX Group
Dukascopy
Advantages:
ECN Forex broker
Low spreads
A respected Forex company
Advanced trading platform
Disadvantages:
No mini Forex account
Opening an account is a complicated process
Very high minimum account size
Click here to open an account with Dukascopy
Forex Club
Company: Forex Club Financial Company, Inc.
On-line since: 2000
Regulation: Futures Commission Merchant (FCM) registered with the National Futures Association (NFA ID 0358265).
Payment options: Credit cars, wire transfer and checks
Minimum account size: $10
Minimum lot size: 0.01 lot
Leverage: from 1:20 to 1:100
Spreads: 3 pips on EUR/USD
Rating: 5.8/10 with 31 votes
Rate
Reviews: Read or write a review of Forex Club broker
Categories: ECN Forex brokers , Forex brokers with advanced platform
Advantages:
Advanced trading platform
Disadvantages:
No Metatrader 4 software support
Click here to open an account with Forex Club
ATC Brokers
Advantages:
MetaTrader 4 platform available
Advanced trading platform available (Currenex)
ECN broker
Disadvantages:
Opening an account is a complicated process
High minimum account size
Commission fees for each trade
Click here to open an account with ATC Brokers
WH SelfInvest
Advantages:
Custom standalone and browser-based platforms available
ECN trading execution available
Tight spreads
Disadvantages:
Relatively high minimum account size
No MetaTrader 4 support
Commissions for account holding and ECN execution
No demo accounts
Opening an account is not an easy process
Click here to open an account with WH SelfInvest
