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ECN Forex Brokers

Compare true ECN Forex brokers. Sort, filter and rank their ECN accounts based on your personal trading preferences and initial deposit.

Fullerton Markets

ECN Account
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Fullerton Markets

Variable Spread Account
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LQDFX

ECN Account
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FXCC

ECN Standard
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FXCC

ECN Advanced
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InstaForex

Standard Account
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LiteForex

ECN Account
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InstaForex

Eurica Account
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FxPro

cTrader
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FXOpen

ECN MT4 Account
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FXPRIMUS

ECN Premier
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An ECN broker allows you to place your buy and sell orders directly in the market against other traders, banks and financial institutions.

Depth of Market (DOM)

You can monitor your orders and theirs over a Depth of Market (DOM) display, also known as a Depth of Market monitor.

Depth of Market (DOM) shows you the liquidity available for every bid and offer. DOM is available for every currency pair and changes dynamically as orders are filled and new orders come to market. It usually appears in a small monitor directly in your trading platform’s interface.

Changes in liquidity typically pre-date changes in exchanges rates. They tend to rise when there are more buyers than sellers, and vice versa. Scalpers use Depth of Market information to predict how prices are likely to change in the very near term.

Order matching

Participants in an ECN can enter competing bids and offers into the platform either inside or outside the spread, and hit one another's orders. You could open a position with a liquidity provider and close it with another, or execute a trade against the bid or offer of another trader.

ECN brokers earn money through a commission on trades rather than a mark-up on spreads. This is why they typically quote spreads as lows as 0 pips. is an exception to the rule in that it allows you to choose between commission-based accounts and commission-free accounts. FXCC spreads in our comparison table are for commission-free accounts.

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Featured Brokers

#1 for Beginners

Fullerton Markets

ECN Account:

1:500 leverage and $100 deposit

#1 for Pros

LQDFX

Gold Account:

1:300 leverage and $500 deposit

#1 Low Spreads

AvaTrade

MT4 Floating:

1:400 leverage and $100 deposit

#1 Islamic

easyMarkets

Standard 1 pip Account:

1:200 leverage and $250 deposit


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Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. ForexBrokersAZ.com is owned by Hades Capital Limited, a company registered in England under number 08176698.

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