Finding the correct trading partner is crucial for achieving success, and Best ECN Brokers help by providing transparency, speed, and favorable pricing.
These brokers grant access to necessary resources and oversight which facilitates easier trading for both novices and experts. Check out these top ECN brokers and see which one suits your trading needs best.
Key Point & Best ECN Brokers
| Broker | Key Point |
|---|---|
| IC Markets | Offers ultra-low spreads from 0.0 pips with true ECN execution via cTrader. |
| Pepperstone | Known for razor-sharp spreads and fast execution using top-tier liquidity. |
| FP Markets | Provides direct ECN access with fast trade execution and low commissions. |
| RoboForex | R StocksTrader ECN account offers deep liquidity and diverse asset classes. |
| Tickmill | Trusted for low-cost trading with rapid order execution and no requotes. |
| Exness | Raw Spread account mimics ECN with tight spreads and high leverage options. |
| FXTM | Pro Account delivers ECN trading with excellent order execution speeds. |
| FXOpen | One of the first true ECN brokers with transparent pricing and deep liquidity. |
| Vantage Markets | Combines ECN access with powerful tools like SmartTrader and TradingView. |
| Admirals | Offers ECN-like conditions with advanced analytics and educational support. |
1. IC Markets
IC Markets is a true ECN broker providing direct access to the interbank market without dealing desk intervention. It has tight spreads beginning at 0.0 pips, along with ultra-fast execution speeds which is perfect for scalping and high-frequency trading.
The broker supports renowned trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, giving traders options. IC Markets is regulated by ASIC and CySEC which brings transparency and security.
Traders can access over 200 instruments such as Forex, commodities, and indices with a minimum deposit of $200.
IC Markets Information
- Founded in Australia in 2007.
- Offers over 2,150 instruments for trading which including Forex, cryptocurrencies, commodities and indices.
- Minimum deposit: $200.
- The spreads start from 0.0 pips and leverages upto 1:500.
- Regulated by ASIC, FSA and CySEC.
2. Pepperstone
Pepprstone is a renowned ECN broker offering competitive spreads and fast execution speeds. Its Razor account provides institutional-level spreads with scalping and algorithmic trading on cTrader.
The broker supports MetaTrader 4, Metrader 5, and cTrader which allows traders access to advanced tools and features.
Besides being regulated by ASIC, Pepperstone is also governed by FCA and CySEC allowing a secure trading environment. It provides flexible options for leverage, various account types, and different trading styles.
Pepperstone Information
- Established in Melbourne, Australia, in 2010.
- Provides Razor accounts with spreads from 0 pips.
- No minimum deposit required but $200 is recommended for margin purposes.
- Has MT4, MT5, and cTrader.
- Regulated by ASIC, FCA, CySEC and BaFin.
3. FP Markets
FP Markets is a trusted ECN broker with offers deep liquidity and tight spreads starting at 0.0 pips. It offers direct market access (DMA) through its ECN pricing model, ensuring no market slippage.
FP Markets supports MetaTrader 4, MetaTrader 5, and cTrader and caters to beginner and advance traders. The broker is regulated by ASIC and CySEC, guaranteeing traders a secure environment.
With a $100 minimum deposit, traders get access to multiple instruments like Forex, Commodities, and Indices.
FP Markets Information
- Established in 2005 and based in Sydney, Australia.
- Offers ECN pricing with spreads starting from 0.0 pips.
- Minimum deposit: $100.
- Has over 1000 instruments like Forex, commodities and indices.
- Regulated by ASIC and CySEC.
4. RoboForex
RoboForex is an ECN broker with high-speed order execution touting tight spreads from 0.0 pips. It provides access to a wide range of instruments, including Forex, Metals, and CFDs, through MetaTrader 4, MetaTrader 5, and cTraders.
The broker offers two types of ECN accounts, ECN and Prime to retail and professional traders. Additionally, RoboForex is regulated by FSC Belize and has a minimum deposit of $10, tailored for less capitalized traders.
RoboForex Information
- Opened in 2009 and based in Belize.
- Unlimited ECN accounts with spreads starting from 0.0 pips.
- Minimum deposit: $10.
- Offers Forex, metals, and CFDs via MT4, MT5, and cTrader.
- Regulated by FSC Belize.
5. Tickmill
Tickmill is a trustworthy ECN broker that provides fast execution speeds and competitive spreads starting from 0.0 pips.
Tickmill is optimal for scalping and automated trading because of the direct access to interbank liquidity provided by the Raw Spread account. Advanced trading features and tools are provided on MetaTrader 4 and MetaTrader 5 platforms which Tickmill supports.
FCA, CySEC, and FSCA regulations ensure safety while trading. Traders have access to Forex, commodities, and indices with a minimum deposit of $100.
Tickmill Information
- Founded recently in 2014 and based in London, England.
- Provides accounts with raw spreads starting from 0.0 pips.
- Minimum deposit: $100.
- Access to Forex, commodities, and indices is available.
- Overseen by FCA, CySEC, and FSCA.
6. Exness
Exness offers tight spreads from 0.0 pips and unlimited leverage options to its clients as an ECN broker. Direct market access through the Raw Spread account guarantees transparency in pricing and fairness.
All traders, including beginners, can access MetaTrader 4, MetaTrader 5, and Exness’s own trading platforms, as Exness supports them.
Exness is regulated by CySEC, FCA, and FSCA thus provides a secure trading environment. Traders with a budget can start with a minimum deposit of $1.
Exness Information
- Founded in 2008 and located in Limassol, Cyprus.
- Provides accounts with raw spreads starting at 0 pips.
- Minimum deposit: 1forstandardaccountsand1forstandardaccountsand200 for Pro accounts.
- Access to Forex, CFDs, and cryptocurrencies is available.
- Supervised by FCA, CySEC, and FSCA.
7. FXTM
FXTM is a trusted name in the industry as an ECN broker with tight spreads starting from 0.0 pips and fast execution speeds.
Scalpers or high-frequency traders would benefit from having direct market access through the Advantage account. Advanced tools and features are available on MetaTrader 4 and MetaTrader 5, which FXTM supports.
The broker is regulated by FSC Mauritius and CySEC so traders have security while trading. Traders with varying budgets will find FXTM approachable as the minimum deposit is $10.
FXTM Information
- Based in Mauritius, founded in 2011.
- Provides FXTM Advantage accounts with spreads starting from 0.0 pips.
- Minimum deposit: $10.
- Access to Forex, stocks, indices, and commodities is available.
- Regulated by the FSC Mauritius.
8. FXOpen
FXOpen is a pure ECN broker offering tight spreads starting from 0.0 pips and ultra-fast execution speeds. As an ECN broker, direct market access is provided through the ECN account guaranteeing transparency and competitive pricing.
Traders from all levels would find something for themselves as FXOpen supports MetaTrader 4, MetaTrader 5, and TickTrader. FCA and ASIC regulate the broker so traders have security while trading. FXOpen provides varied budget traders an opportunity as the minimum deposit is $100.
FXOpen Information
- Located in Nevis, established in 2005.
- Provides ECN accounts with spreads starting at 0.0 pips.
- Minimum deposit: $100.
- Financial markets access provided are Forex, indices, stocks, commodities, and cryptocurrencies.
- Regulated by FCA and ASIC.
9. Vantage Markets
Vantage Markets is an ECN broker providing tight spreads starting from 0.0 pips and quick execution speeds. It facilitates direct market access through its Raw ECN account, which increases its attractiveness for scalping and automated trading.
Vantage Markets offers MetaTrader 4, MetaTrader 5, and its proprietary trading platforms, providing advanced and specialized instrument.
Vantage Markets is regulated by ASIC and FCA, which guarantees a safe trading environment. Vantage Markets is available to all traders because a minimum deposit of $200 is required.
Vantage Markets Information
- Established in 2009 and located in Australia.
- Spreads for Forex and CFD trading start at 0.0 pips for PRO ECN accounts.
- Minimum deposit: $50.
- Access to Forex, CFDs, and commodities is available.
- Regulated by ASIC and FCA.
10. Admirals
Globally operating broker Admirals (formerly Admiral Markets) offers ECN like trading conditions under its Zero account. It offers tight spreads starting from 0.0 pips and fast execution speeds for scalping and high-frequency trading.
As with all brokers, Admirals supports MetaTrader 4 and MetaTrader 5 platforms and provides advanced tools and features.
The broker is regulated by FCA, ASIC and CySEC, which ensures a safe trading environment. With a minimum deposit of 100 USD, Admirals caters to traders with varying budgets.
Admirals Information
- Founded 2001 and located in Estonia.
- Offers Zero accounts with spreads from 0.0 pips.
- Minimum deposit: $100.
- Allows trading in Forex, stocks, indices, and ETFs.
- Regulated by FCA, ASIC, and CySEC.
Conclusion
In conclusion For every trader who prefers direct access to the interbank market, fast execution, and a low spread, selecting an appropriate ECN broker is a matter of great importance.
The brokers mentioned above have established themselves as reliable providers of services with boundless margins and optimal pricing, as well as modern trading platforms. We recommend counting on IC Markets or Pepperstone as your ECN brokers, as both of them will help you whether you are a novice or a seasoned professional.
