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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.

FXTM
FXTM »
ECN Account ?
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FXTM
FXTM »
FXTM Pro ?
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FXCC
FXCC »
ECN Standard ?
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FXCC
FXCC »
ECN Advanced ?
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LQDFX
LQDFX »
ECN Account ?
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FXOpen
FXOpen »
ECN MT4 Account ?
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FXPRIMUS
FXPRIMUS »
ECN Premier ?
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Leverage ?Commission / lot ?Min. deposit ? 
FXTM
FXTM »
ECN Account ?
0.1 pips
1:500
$2$500Visit broker
FXTM
FXTM »
FXTM Pro ?
0.1 pips
1:200
$0$25000Visit broker
FXCC
FXCC »
ECN Standard ?
0.5 pips
1:300
$7.5$100Visit broker
FXCC
FXCC »
ECN Advanced ?
0.5 pips
1:200
$4$100000Visit broker
LQDFX
LQDFX »
ECN Account ?
0.2 pips
1:300
$3.5$500Visit broker
FXOpen
FXOpen »
ECN MT4 Account ?
0 pips
1:500
$1.8$1000Visit broker
FXPRIMUS
FXPRIMUS »
ECN Premier ?
0.4 pips
1:1000
$10$100Visit broker
     

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.

FXTM

Trade 45 currency pairs and CFDs on shares, indices and metals with market execution ... More »

easyMarkets

Trade Forex and CFDs on metals, commodities and indices on tight fixed spreads from a... More »

FxPro

Trade 69 currency pairs, spot indices, energies, metals and shares on floating spread... More »

HotForex EU

Trade Forex as well as CFDs on cryptocurrencies, shares, indices, metals and more on ... More »