⭐ ECN Forex Brokers

ECN = A-book = NDD + STP + DMA + DMT + ECN pricing

  • ECN is essentially a Network — (Electronic Communication Network) — where ECN participants trade with each other
  • There is No Dealing Desk (NDD), all orders go straight to the Market (STP), every ECN participant gets Direct Market Access (DMA) — access to Top-tier liquidity by default
  • ECN is distinguished by Direct Market Trading (DMT) — ability to trade directly on ECN level, e.g. send orders directly to ECN liquidity pools and interact directly with ECN participants. See ECN vs DMA Forex brokers for detailed comparison.
  • With ECN traders are able to analyze DOM (Depth of the Market) — see liquidity, place own Bid/Ask offers — create liquidity, and trade inside the spread — take advantage of it
  • Trading on ECN requires an average deposit of $50,000. Can traders create meaningful liquidity or place a single trade at ECN level with a $100 deposit? No.
ECN = A-book = NDD + STP + DMA + DMT+ ECN pricing ...read more
  • ECN is essentially a Network - (Electronic Communication Network) - where ECN participants trade with each other
  • There is No Dealing Desk (NDD), all orders go straight to the Market (STP), every ECN participant gets Direct Market Access (DMA) - access to Top-tier liquidity by default
  • ECN is distinguished by Direct Market Trading (DMT) - ability to trade directly on ECN level, e.g. send orders directly to ECN liquidity pools and interact directly with ECN participants. See ECN vs DMA Forex brokers for detailed comparison.
  • With ECN traders are able to analyze DOM (Depth of the Market) - see liquidity, place own Bid/Ask offers - create liquidity, and trade inside the spread - take advantage of it
  • Trading on ECN requires an average deposit of $50,000. Can traders create meaningful liquidity or place a single trade at ECN level with a $100 deposit? No.

  • Broker
  • ECN   +Type
  • Dealing
  • Execution
  • Country
  • Year
  • Regulation
  • Restrictions
  • Inv Protection
  • Platforms
  • Speed
  • Scalping
  • EAs    DOM
  • Trailing Stops
  • Funding
  • Base Currency
  • Segregated
  • NB Protection
  • Guaranteed Stop
  • FX   Crypto
  • Swap-Free
  • Copy Trading
  • MAM   VPS
  • Stop Out/Margin Call
  •  
  • Popularity
  • Journal
  • MM
  • Leverage
  • Lot
  • Spread
  • Commission
  • STP
  • Leverage
  • Lot
  • Spread
  • Commission
  • DMA
  • Leverage
  • Lot
  • Spread
  • Commission
  • ECN
  • Leverage
  • Lot
  • Spread
  • Commission
  • Micro
  • Leverage
  • Lot
  • Spread
  • Commission
  • Crypto
  • Leverage
  • Lot
  • Spread
  • Commission
Forex broker MMDeposit Leverage MM Lot MM EURUSD MM Commission MM STP Leverage STP Lot STP EURUSD STP Commission STP DMA Leverage DMA Lot DMA EURUSD DMA Commission DMA DepositECN Leverage Lot EURUSD Comm* Micro Leverage Micro Lot Micro EURUSD Micro Commission Micro Crypto Leverage Crypto Lot Crypto EURUSD Crypto Commission Crypto ECN Type +Type Dealing Execution CountryCountry Year Regulation Restricted Countries Investor Protection Platforms Speed Scalping EAs DOM Trailing Stops Fund/Withdraw Base Currency Segregated NB Protection Guaranteed Stop FX Pairs Crypto Pairs Swap-Free Copy Trading MAM VPS Stop Out / Margin Call Popularity
100 $
100 $
2000 : 112 🔒0 $100 $2000 : 110.6 0 $100 $2000 : 110.6 0 $ECN marketing*MM, STPA+B book, A-bookInstant, Market SVG SVG2014Not regulatedUSxMT4, MT4 WebTerminal, MT510 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, WebMoney, Bitcoin, Payza, Perfect Money, MoneyGram USD, EUR, GBPx422xxx20% | 25% Average
25 $
100 $500 : 10.011.2 0 $25 $500 : 10.00012 0 $ECN marketing*MMB-bookMarket SVG SVG2018Not regulatedNonexAllpips, MT411 msYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, VLoad, PAYEER, Perfect Money, Bitcoin, Ethereum, Uphold USD, EURxxx4xx5% | 10% Low
1 $
500 $500 : 10.010.8 0 $1 $500 : 10.011 0 $ECN marketing*STPA-bookMarket UK UK2019FCANoneUK Financial Services Compensation Scheme (FSCS)yes300 msMT5xBank Wire, Credit Card, Debit Card, Skrill, Western Union, MoneyGram, China UnionPayUSDxxxxxPAMM20% | 100% Low
5000 $
100 $
400 : 10.12 0 $25000 $100 : 110 3 $100 $400 : 10.012 0 $ECN marketing*MM, DMAB-book, A-bookInstant, Market SVG SVG2021Not regulatedNonexMT5, MT5 WebTerminalNo, yes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSDxxx25xxxx10%, 50% | 20%, 100% Lowest
20 $
1 $
1000 : 10.10.3 🔒0 $300 $3000 : 10.010.1 16 $1 $500 : 10.12 🔒0 $ECN marketing*MM, STPA+B book, A-bookInstant, Market Mauritius Mauritius1998FCSNoneFinancialcommission.orgMT4, MT4 WebTerminal, MT5, MT5 WebTerminal0.1 msYesxBank Wire, Credit Card, Debit Card, Neteller, WebMoney, FasaPay, China UnionPay, LatAm, ADVCash, VLoad, Tether, Bitcoin, Litecoin, Zcash, Ethereum, TC Wallet, Perfect MoneyUSD, EUR, XAUx4625xPAMMx20%, 60% | 20%, 60% High
100 $
100 $300 : 10.010.1 0 $ECN marketing*MMA+B bookMarket SVG SVG2020Not regulatedUSxMT5200 msNoxBank Wire, Credit Card, Debit Card, Skrill, PayPal, Bitcoin, TransferWiseUSDxxxxxAlphafx InvestMAMx | Average
100 $
100 $
1000 : 10.013 🔒0 $100 $1000 : 10.011.3 0 $200 $200 : 10.010 5 $ECN marketing*MM, STP, DMAB-book, A-bookInstant, Market SVG SVG2007Not regulatedNoneFinancialcommission.orgMT4, MT4 WebTerminal, MT5, MT5 WebTerminal, Autochartist30 msYesxBank Wire, Credit Card, Debit Card, WebMoney, FasaPay, Perfect Money, Skrill, Neteller, TopChange, JetonUSD, EURxx4212Copy Trading RAMMPAMM, RAMM20%, 40% | 50% Average
100 $
100 $1000 : 10.011.8 0 $500 $500 : 10.010.1 7 $ECN-style pricing*STPA-bookMarket Belize Belize2016IFSCUS, JapanxMT4, MT4 WebTerminalNoBank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, STICPAY, DusuPayUSDxx52xxMyfxbookMAM50% | 80% Low
1 $
1 $
1000 : 10.010 0 $50 $500 : 10.012 4 $1 $1000 : 10.0010 0 $ECN-style pricing*MM, STPB-book, A-bookInstant, Market SVG SVG2019Not regulatedUS, UK, SVGxMT50 msYesBank Wire, Credit Card, Debit Card, Skrill, PayPal, WebMoney, PAYEER, Perfect Money, Tether, Ininal, DAI, USD Coin, Binance USD, XLM, TrueUSD, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Ripple, Zcash, Dogecoin USD, IRRxxxxMAMx30% | 50% Average
500 $
500 $30 : 10.010.7 0 $500 $30 : 10.010 5.4 $ECN-style pricing*STP, DMAA-bookMarket Cyprus Cyprus2017CySECNoneCyprus Investor Compensation Fund (ICF)MT55 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, QIWIUSDx655xxxx80% | 100% Low
2000 $
2000 $200 : 10.010.3 6 $ECN-style pricing*DMAA-bookMarket Cayman Isl. Cayman Isl.2005CIMAUSxMT4100 msYesBank Wire, China UnionPayUSDxx385xxMAM100% | 120% Low
1 $
1 $
3000 : 10.011 0 $50 $1000 : 10.010 6 $1 $2000 : 10.011 0 $ECN marketing*MM, DMAB-book, A-bookMarket BVI BVI2010FSCNonexMT44 msNo, yes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, WeChat, China UnionPay, BitcoinUSD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZARx4919xCopyTradexx30% | 60% Average
1 $
1 $1000 : 10.011 3 $2000 $500 : 10.010.5 3 $1 $1000 : 10.011 3 $1 $1000 : 10.013 1 $ECN-style pricing*DMAA-bookMarket SVG SVG2016Not regulatedNonexMobius Trader10 msYes, unlimitedBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PAYEER, ADVCash, NixMoney, Capitalist, Kuna, Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dashcoin, Tether, Monero, RippleUSD, EUR, GBR, JPY, AUD, CAD, CHF, NZD, UAH, RUB, CNY, ILS, IDR, MYR, THB, VND, BTC, BCH, ETH, DASH, LTC, XMRx646xMAM, PAMM5% | 100% Low
50000 $
50000 $100 : 10.10 3.9 $ECNA-bookMarket Australia Australia2012ASICNonexCurrenex, Hotspot, FxAllYesBank WireUSD, EUR, GBP, AUDxxxxxxxPAMMx | Low
200 $
200 $500 : 10.010.8 0 $2000 $500 : 10.010.1 6 $ECN-style pricing*STP, DMAA+B book, A-bookMarket Seychelles Seychelles2013FSANonexMT4, MT4 WebTerminal, MT520 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, China UnionPayUSDxx64xZuluTrade, MyfxbookMAM, PAMM50% | 70% Average
1 $
1 $200 : 10.010.8 0 $1 $30 : 10.010.1 9 $ECN marketing*STPA-bookMarket UK UK2010FCAUS, Japan, Belgium, New ZealandUK Financial Services Compensation Scheme (FSCS)MT5YesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, BitcoinUSD, EUR, GBP, CHFxxxxx50% | 80% Low
10 $
100 $500 : 10.012 0 $1000 $200 : 10.010 10 $10 $500 : 10.010.6 0 $ECN marketing*STP, DMAA-bookMarket SVG SVG2017Not regulatedUS, Canada, Belgium, Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, IrelandxMT4, MT5100 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, Bitcoin, PaytrustUSD, AED, INR, GBPxx4515MT4 Social TradingPAMMx50% | 80% Average
100 $
100 $
2500 : 10.012.5 🔒0 $200 $3000 : 10.012 0 $10000 $100 : 10.10.1 15 $ECN marketing*MM, STPB-book, A-bookInstant, Market Mauritius Mauritius2012FSCMauritiusxActTrader, WebTrader500 msNoxxBank Wire, Credit Card, Debit Card, Skrill, Neteller, PayPal, Perfect Money, PAYEER, IPayUSDxxxxxxxx10%, 20% | 50% Average
100 $
100 $1000 : 10.013 0 $200 $1000 : 10.011.6 0 $ECN marketing*STPA-bookMarket SVG SVG2005Not regulatedNoneFinancialcommission.orgMT4, MT5YesxBank Wire, Credit Card, Debit Card, Local Transfer, Perfect Money, Bitcoin, Ethereum, Tether, Paylivre, Paytrust88, ThunderXPayUSDxx68CopyTradingxx20%, 50% | 100% Average
10 $
10 $1000 : 10.011 🔒0 $500 $1000 : 10.011 7 $ECN marketing*MM, STPA+B book, A-bookInstant, Market UK UK2013Not regulatedUSxMT4100 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay, BitcoinUSD, EURxx67xxPAMM, MAM20% | 25% Low
50 $
50 $1000 : 10.011.5 0 $500 $500 : 10.010 20 $ECN marketing*STP, DMAA-bookMarket SVG SVG2019FSANonexMT4, MT5100 msYes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, Bitcoin, FasaPay, Help2Pay, Nganluong, PayTrust88, ThunderXPay, ZotaPayUSDx453Social TradingMAM, PAMMx30%, 60% | 100% Low
1000 $
1000 $400 : 10.011.5 🔒0 $50000 $200 : 10.010 5 $ECN marketing*STP, DMAA-bookInstant, Market Australia Australia2020ASIC, FINTRACUSxMT418 msxBank WireUSDxxx4xCopy TradingMAM, PAMMx50% | 100% Low
100 $
100 $
500 : 10.011.3 0 $500 $500 : 10.010 7 $ECN-style pricing*MM, DMAA+B book, A-bookMarket SVG SVG2013Not regulatedUSxMT4, MT4 WebTerminalYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Instacoin, BitcoinUSD, EUR, GBPx437xxxx50% | 80% Low
250 $
250 $
200 : 10.11.5 0 $10000 $200 : 10.10.1 14 $ECN marketing*MM, DMAA+B book, A-bookMarket Seychelles Seychelles2015FSA, FSCAUSxMT4, Sirix WebTrader160 msYesxBank Wire, Credit Card, Debit Card, Neteller, M-PesaUSD, EURx15CopyKatMAM, PAMMx20%, 50% | 100% Average
100 $
100 $200 : 10.011.5 0 $10000 $100 : 10.010.1 ECN marketing*STPA-bookMarket Bahamas Bahamas2020SECNonexMT4YesxBank Wire, Credit Card, Debit Card, WebMoneyUSDxx424xxxx50% | Lowest
100 $
100 $400 : 10.0111 0 $5000 $400 : 10.011 6 $ECN-style pricing*STPA-bookMarket Vanuatu Vanuatu2014VFSCNonexMT4, MT530 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, EPay, FasaPay, HWGCUSDxx36xxOutrade, Myfxbook, FOLLOWMEMAM, PAMM30% | 100% Lowest
100 $
100 $100 : 10.010.1 9 $ECN-style pricing*MMA+B bookMarket Switzerland Switzerland2004FINMA, FCMC, JFSABelgium, Israel, Canada, US, Russia, UKDukascopy BankMT4, JForex Web 3300 msYes, unlimitedBank WireUSD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, RUB, CNH, SEK, SGD, TRY, XAU, ZARxx6219yesPAMM50% | 100% High
10 $
10 $1000 : 10.010.9 0 $1000 $500 : 10.010.5 10 $ECN marketing*STP, DMAA-bookMarket UK UK2020Not regulatedUS, Canada, Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, IrelandxMT5300 msYes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, BitcoinUSDxxxCopy Tradingxx50% | 100% Low
100 $
100 $500 : 10.013 10 $ECN marketing*STPA-bookMarket SVG SVG2021Not regulatedUS, GermanyIFMRRCMT4, MT4 WebTerminal0 msYesxBank wire, Credit Card, Debit Card, Neteller, Skrill, WebMoney, PAYEER, UldPay, Papara, Payoneer, CPGCode, Bitcoin, Ethereum, Litecoin, BitMoney, Ascoin, Redcoin, Dashcoin, Unkcoin, Zcash, RocketPay, Western UnionUSDxxx5339xxx | Lowest
500 $
500 $500 : 10.011.6 0 $20000 $500 : 10.010.2 7 $ECN-style pricing*DMAA-bookMarket Jordan Jordan2017SCUS, Belgium, Canada, SingaporeInsuranceMT4, MT4 WebTerminal40 msYesxBank Wire, Credit Card, Debit Card, SkrillUSD, EUR, GBP, AEDxx62xxxx30% | 100% Average
5 $
100 $3000 : 10.010.5 0 $1000 $500 : 10.10 12 $5 $3000 : 10.13 🔒0 $1 $5 : 10.011 0.1 $ECN-style pricing*STP, DMAA-bookMarket Belize Belize2009IFSC, CySECJapan, US, Canada, UK, Myanmar, Brazil, Malaysia, Israel, IranCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, FBS Trader30 msYesBank Wire, Neteller, STICPAY, Skrill, Bitwallet, TetherUSD, EUR, USDTx37113CopyTrade x20% | 40% High
10 $
50 $400 : 10.011.6 0 $100 $400 : 10.010 6 $10 $400 : 10.012.1 0 $ECN marketing*STP, DMAA-bookMarket SVG SVG2011CySECUS, CanadaCyprus Investor Compensation Fund (ICF)MT4, MT5100 msYesxBank Wire, Skrill, NetellerUSD, EURx46xyesPAMM50% | 100% Low
100 $
100 $
1.9 0 $1000 $0.8 16 $ECN marketing*MM, STPA+B book, A-bookMarket Seychelles Seychelles2021FSAUS, Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, IrelandxMT4, MT4 WebTerminalNoxBank WireUSD, EUR, GBPxx554xxxx50% | High
50 $
50 $500 : 10.010.5 0 $200 $500 : 10.010 7 $10 $3 : 10.010 1 $ECN marketing*STP, DMAA-bookMarket SVG SVG2004Not regulatedUSxMT4, MT4 WebTerminal2 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, TetherUSD, EUR, RUB, JPY, AUD, BTC, LTC, MBTxxx45xPAMM30%, 50% | 50%, 100% Low
1 $
1 $
500 : 10.00010 🔒4 $15 $0 : 10.011 0 $15 $500 : 10.011.2 0 $ECN marketing*MM, DMAA+B book, A-bookInstant, Market SVG SVG2015CySECNoneCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal0 msNoxBank Wire, Skrill, Neteller, Klarna, B2B in PAYUSD, EUR, CZKx19xx10% | 30% Low
1 $
1 $500 : 10.011 0 $1 $500 : 10.010 7 $ECN-style pricing*STP, DMAA-bookMarket UK UK2019FCAUSFinancial Services Compensation Scheme (FSCS)MT4, MT4 WebTerminal24 msYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, China UnionPay, Trustly, Boleto, Rapid Transfer, Remessa OnlineUSD, EUR, GBPx75xxMAM50% | 100% Low
1 $
1 $1000 : 10.010.9 0 $1 $1000 : 10.010 6 $1 $2000 : 10.012 🔒0 $ECN marketing*STP, DMAA-bookMarket SVG SVG2004Not regulatedNonexMT4, MT4 WebTerminal, MT550 msYesxBank Wire, Credit Card, Debit Card, WebMoney, FasaPay, Skrill, Neteller, Bitcoin, OnlineNaira, Local Transfer Malaysia, M-Pesa, ADVCash, EPayService, Perfect Money, Bitcoin Cash, Litecoin, Tether, Ethereum, Ripple, DAI, Zcash, USD Coin, TrueUSDUSD, EUR, RUB, BTCxx5217xx40%, 60% | 100% Average
1 $
1 $500 : 10.010 0 $ECN marketing*STPA-bookMarket Cyprus Cyprus2010CySEC, VFSCUSCyprus Investor Compensation Fund (ICF)MT480 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay, PSE, Efecty, Pago Facil, PagoEfectivo, Rapipago, Webpay, OXXO, Boleto, Santander, Klarna, Rapid TransferUSD, EUR, GBPx718xMAM50% | 100% Average
100 $
100 $200 : 10.010.5 0 $100 $200 : 10.010 7 $100 $200 : 10.010.5 0 $ECN marketing*STP, DMAA-bookMarket Belize Belize2010IFSCNonexMT4, MT4 WebTerminal, MT5, MT5 WebTerminal7 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, Crypto, FasaPay, Perfect Money, Paysafecard, Epayments, Trustly, QIWI, AstroPay, Rapid Transfer, POLi, UPayCard, VLoadUSD, EUR, GBP, CHF, AUD, CAD, XAU, BTC, BCH, LTC, ETH, XRPxx383MyfxbookMAM15%, 80% | 25%, 100% High
1 $
1 $
30 : 10.011.9 0 $1 $30 : 10.010.2 5.98 $ECN-style pricing*MM, STPA+B bookMarket Malta Malta2002FSA, FSC NoneInvestor Compensation Scheme (Malta)MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, WebTrader1 msYesxBank Wire, Credit Card, Debit Card, Neteller, China UnionPay, Bitcoin, Ethereum, M-Pesa, FasaPay, NganLuong, PayRetailers, Paytrust, PAYEER, Pay Livre, Payza, Ripple, VLoad, Tether, ThunderXpay, ADVCash, FRC, FXNiaga, Sentraegold, Indian Exchanger USDx426xZuluTradex50% | 50% Average
50 $
50 $
1000 : 10.011 0 $500 $200 : 10.010 7.5 $50 $1000 : 10.011.2 🔒0 $ECN marketing*MM, DMAA+B book, A-bookMarket Bermuda Bermuda2015Not regulatedNonexMT4, MT4 WebTerminalYesxBank Wire, Credit Card, Debit Card, Bitwallet, Bitcoin, China UnionPayUSD, EUR, AUD, JPY, CHF, PLN, HUF, CZKx84xxAutoTradePAMM50% | Average
250 $
250 $300 : 10.010.07 0 $2000 $300 : 10.010 8 $ECN-style pricing*STP, DMAA-bookMarket Cyprus Cyprus2016CySECUSCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal6 msNoxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSD, EUR, GBP, PLNx522xMAM50% | 100% Low
1 $
10 $30 : 10.011.2 0 $100 $30 : 10.010.2 3 $1 $500 : 10.0011.2 0 $10 $3 : 10.011.2 1 $ECN-style pricing*MM, STP, DMAA+B book, A-bookMarket Nevis Nevis2005Not regulatedUSFinancialcommission.orgMT4, MT4 WebTerminal, MT5, MT5 WebTerminal, TickTrader1 msYes, unlimitedBank Wire, Credit Card, Debit Card, EPay, WebMoney, QIWI, Perfect Money, Yandex.Money, FasaPay, IntellectMoney, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Vietnam, Local Transfer Indonesia, Paypaid, Alfa-Bank, China UnionPay, Airtm, AstroPayUSD, EUR, GBP, CHF, JPY, AUD, CAD, RUB, SGD, XAU, BTC, ETC, BTC, LTCx39ZuluTrade, MyfxbookPAMM50% | 100% High
300 $
300 $30 : 10.011.2 0 $300 $30 : 10.010 3 $ECN-style pricing*STP, DMAA-bookMarket UK UK2005FCAUSUK Financial Services Compensation Scheme (FSCS)MT4, MT4 WebTerminal, MT51 msYes, unlimitedBank Wire, Credit Card, Debit Card, WebMoney, TrustlyUSD, EUR, GBPx39xxx50% | 100% High
50 $
50 $100 : 10.010.4 12 $5000 $200 : 10.010.4 8 $50 $100 : 10.010.4 12 $ECN marketing*STPA-bookMarket Marshall Isl. Marshall Isl.2014Not regulatedUS, Canada, Australia, Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, IrelandxMT4, UniTrader, Currenex, ActTrader, FxPlayer Trader1000 msNoxBank Wire, Credit Card, Debit Card, PayPal, Paysafecard, BitcoinUSDxx38xxyesxx45%, 40% | 45%, 40% Low
500 $
500 $
30 : 10.010.1 0 $2500 $30 : 10.010.1 10 $ECN marketing*MMA+B book, A-bookMarket Cyprus Cyprus2009CySEC, FSCA, VFSCNoneCyprus Investor Compensation Fund (ICF), Renaissance Insurance BrokersMT4, MT4 WebTerminal400 msYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, EcoPayz, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Vietnam, Local Transfer Thailand, Bitcoin, China UnionPayUSD, EUR, GBP, SGD, PLNxxxxPAMM30% | 30% Average
100 $
100 $
1000 : 10.011.3 0 $500 $2000 : 10.010.1 4 $100 $2000 : 10.011.3 0 $ECN marketing*MM, STPA+B book, A-bookInstant, Market Mauritius Mauritius2011FSC, CySEC, FCANoneFinancialcommission.orgMT4, MT4 WebTerminal, MT5, MT5 WebTerminal200 msNo, yesxBank Wire, Credit Card, Debit Card, Crypto, FasaPay, Local Transfer, Baokim, GlobePay, Neteller, Skrill, Dusupay, WebMoney, Alfa-Bank, DIXIPAY, CASHU, Yandex.Money, QIWI, Perfect MoneyUSD, EUR, GBP, NGNx623yesx20%, 50% | 40%, 80% High
200 $
200 $
400 : 10.011 0 $1000 $500 : 10.010 7 $ECN-style pricing*MM, DMAA+B book, A-bookMarket Australia Australia2014ASICNonexMT4, MT4 WebTerminal80 msYes, unlimitedxBank Wire, Credit Card, Debit Card, POLi, Skrill, NetellerUSD, EUR, GBP, AUD, NZD, SGD, CADxx442xyesMAM, PAMM50% | 80% Low
5 €
5 €500 : 10.010 2 $ECN-style pricing*DMAA-bookMarket Cyprus Cyprus2018CySECUSCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, ActTrader, Autochartist15 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Klarna, Giropay, Przelewy24, Nordea, Rapid Transfer USD, EUR, GBPxxxxxx50% | 70% Average
500 $
500 $
400 : 10.11 0 $500 $400 : 10.011.7 0 $ECN marketing*MM, STPA+B book, A-bookMarket SVG SVG2002Not regulatedNonexActTrader, MT4Yes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect MoneyUSD, EURxxxxxMAMx | 100% Low
1000 $
100 $
500 : 10.011.4 0 $10000 $500 : 110 100 $500 : 10.11.6 0 $ECN marketing*MM, STPB-book, A-bookMarket SVG SVG2020Not regulatedUSxMT5YesxBank WireUSDxxxxxxxx | Lowest
1 $
1 $
1000 : 10.011.8 🔒0 $1 $1000 : 10.010 20 $ECN marketing*MM, DMAA+B book, A-bookInstant, Market BVI BVI2012FSCUSInsuranceMT4, MT4 WebTerminal, MT5, MT5 WebTerminal100 msYesBank Wire, Credit Card, Debit Card, Skrill, NetellerUSD, EUR, GBPx475ZuluTradeMAM, PAMM20% | 100% Low
200 $
200 $200 : 10.010 7 $ECN-style pricing*DMAA-bookMarket Australia Australia2011ASIC, VFSCNonexMT4, MT4 WebTerminal1 msYes, unlimitedBank Wire, Credit Card, Debit Card, POLi, Neteller, BPAY, FasaPay, Dragonpay, ZotaPayUSD, AUD, EUR, GBP, SGD, CADxx495xMyfxbook, ZuluTradeMAM, PAMM100% | 120% Average
100 $
10 $
500 : 10.011 0 $100 $100 : 10.010.4 10 $500 $100 : 10.010.4 10 $10 $500 : 10.011 0 $ECN-style pricing*MM, STPA+B book, A-bookMarket SVG SVG2006Not regulatedUS, JapanFinancialcommission.orgMT4, MT4 WebTerminal, MT51000 msYesBank Wire, Crypto, Ecommpay, FasaPay, Mobile, Neteller, PAYEER, Payza, Perfect Money, RBK.money, RPCard, VLoad, WebMoney, Yandex.Money, Help2PayUSD, CHF, EUR, GBP, JPY, RUBxx4961xLAMM, RAMM40%, 80% | 100% Average
1 $
1 $200 : 10.011.5 0 $ECN marketing*MMA+B bookMarket Marshall Isl. Marshall Isl.2015Not regulatedNonexMT4YesxBank Wire, Credit Card, Debit Card, Neteller, QIWIUSD, EURxxxxMAM20% | 80% Low
10 $
10 $5000 : 10.010.1 20 $ECN marketing*DMAA-bookMarket SVG SVG2020Not regulatedAustria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czechia, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, Ireland, Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan, Ukraine, US, UAExMT43 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin USDxx4714Copy Tradexx30% | 50% Low
100 $
100 $500 : 10.011.2 0 $10000 $500 : 10.010.2 ECN marketing*STP, DMAA-bookMarket SVG SVG2018FSC, FSAUS, Japan, Canada (BC), Canada (Quebec), MauritiusxMT5YesBank Wire, Credit Card, Debit Card, Bitcoin, Tether, Neteller, Skrill, FasaPay, PayTrust, Ecommpay, MoMo, NgangLuong, AstroPay, GBPay, Bitpay, Perfect MoneyUSDxx8xx30% | 50% Average
1 $
1 $100 : 10.010.1 7 $ECN-style pricing*DMAA-bookMarket UK UK2014FCAUSUK Financial Services Compensation Scheme (FSCS)MT5, MT5 WebTerminal50 msYesxBank Wire, Credit Card, Debit CardUSD, EUR, GBPxx634xMAMx100% | 125% Low
10 $
10 $500 : 10.010.8 0 $ECN marketing*STPA-bookMarket SVG SVG2019Not regulatedNonexMT4, MT4 WebTerminal300 msYesxBank Wire, Credit Card, Debit Card, Bitcoin, VLoadUSDxx5538xxMAM, PAMMx70% | 100% High
200 $
200 $
30 : 10.011.3 0 $200 $30 : 10.010 7 $ECN-style pricing*MM, DMAA+B book, A-bookMarket UK UK2011FCAUSUK Financial Services Compensation Scheme (FSCS), Civil Liability Insurance ProgrammeMT413 msNoxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSD, EUR, GBP, SGDx34xxx50% | 100% Low
1 $
1 $500 : 10.010.9 0 $1 $500 : 10.010.2 15 $ECN marketing*STPA-bookMarket Bahamas Bahamas2009SCB, FSCA, FSCUSInsuranceMT4, MT4 WebTerminal, MT5, Autochartist1000 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Broker to BrokerUSD, EUR, GBP, AUDxx495IX Socialx100% | 120% Average
100 $
100 $
500 : 10.011 0 $100 $200 : 10.010 7 $ECN marketing*MMA+B bookMarket SVG SVG2006ASICUSxMT4, MT52000 msNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Ethereum, USDx27xxxx25% | 25% Average
500 $
1 $
1000 : 10.011.6 0 $500 $200 : 10.011.7 0 $500 $200 : 10.010.3 13.5 $100 $1000 : 10.011.8 0 $ECN-style pricing*MM, STPA+B book, A-bookMarket Bermuda Bermuda2010Not regulatedNonexMT4, MT4 WebTerminalYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, DotpayUSD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, HUF, CZKx83xTradeCopierPAMM50% | Average
10 $
10 $500 : 10.011.2 0 $10 $500 : 10.010.02 0 $ECN marketing*MM, STP marketingA+B bookMarket SVG SVG2019ASICUS, Canada, Hong KongFinancial Dispute Resolution Commission (FDRC)MT4, MT4 WebTerminalNoxBank Wire, Credit Card, Debit CardUSDxx3516xSocial Tradingxx50% | 80% Average
1 zar
1 zar200 : 10.012 0 $10 zar200 : 10.012 10 $ECN-style pricing*STPA-bookMarket South Africa South Africa2016FSCANonexMT4NoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, I-Pay, PayFastUSD, GBP, ZAR xxxxxxx30% | 50% Low
100 $
100 $500 : 10.012 0 $1000 $200 : 10.010 8 $ECN marketing*STP, DMAA-bookMarket Vanuatu Vanuatu2014VFSCUS, Hong KongxMT4, Juno Auto Trader200 msYesxBank Wire, Skrill, Neteller, Alipay, China UnionPay, FasaPay, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Phillipines, Local Transfer Vietnam, Local Transfer Indonesia, Bitcoin, Ethereum, Tether, USD Coin, NganLuongUSD, EUR, AUDxx753xxMAM, PAMMx50% | 100% Low
100 $
100 $500 : 10.010.5 0 $100 $500 : 10.010 2 $200 $500 : 10.010 0 $ECN-style pricing*STP, DMAA-bookMarket Cyprus Cyprus2015CySECUSCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal, MT5, MT5 WebTerminal50 msYes, uesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Klarna, CASHU, Paysafecard, China UnionPay, Alfa-Bank, Giropay, IDEAL, Dankort, POLi, Nordea, MONETA.RU, QIWI, WebMoney, Yandex.Money, Przelewy24, Russian Post, Bitcoin, Ethereum, Tether, TrustlyUSD, EUR, RUBx6416xxxx50% | 100% Average
100 $
100 $500 : 10.011 0 $100 $500 : 10.010 8 $ECN marketing*STP, DMAA-bookMarket Mauritius Mauritius2010FSC, FCANonexMT4380 msYes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, STICPAY, Alipay, China UnionPay, SEPA TransferUSD, EURxx657xMyfxbookPAMM100% | 120% Average
200 $
200 $
500 : 10.010.1 0 $200 $500 : 10.010 5 $ECN-style pricing*MM, STPA+B book, A-bookMarket SVG SVG2021Not regulatedNonexMT4, WebTrader10 msYes, unlimitedBank Wire, Credit Card, Debit Card, PayPalUSD, EUR, GBP, AUD65xxMyfxbookMAM, PAMMx | Lowest
300 $
300 $500 : 10.010.8 0 $2000 $200 : 10.010 7 $ECN-style pricing*STPA-bookMarket SVG SVG2012Not regulatedNonexMT4, MT535 msNoxBank Wire, Credit Card, Debit Card, STICPAY, Skrill, NetellerUSD, EUR, JPYxx67xZuluTradeMAMx30% | 50% High
1 $
1 $
500 : 10.011 0 $10000 $200 : 10.010 4.5 $ECN marketing*MM, DMAB-book, A-bookMarket Cayman Isl. Cayman Isl.1996CIMA, SCB, CySEC, FCAUS, Australia, Belgium, Canada, New Zealand, SingaporexLCGTrader, MT4, MT4 WebTerminalYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPayUSDx6145xMAMx | Average
25 $
25 $500 : 10.012 0 $200 $500 : 10.010 12 $ECN marketing*STPA-bookMarket Cyprus Cyprus2017CySECNoneCyprus Investor Compensation Fund (ICF)MT4YesxBank WireUSDxxx6ZuluTrade, Chills TradingMAM, PAMM25% | 50% Average
50 $
50 $
500 : 10.011.8 0 $50 $500 : 10.010 10 $ECN marketing*MM, STPA+B book, A-bookMarket Marshall Isl. Marshall Isl.2005CySECUS, Israel, Japan, RussiaCyprus Investor Compensation Fund (ICF)MT4, MT5No, yes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, QIWI, Yandex.Money, Boleto, M-Pesa, MTN Mobile Money, WebMoney, ADVCash, Alipay, Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin, MoneroUSD, EUR, MBT, GBP, PLNx5616Social TradingMAM20% | 100% High
10000 $
10000 $100 : 10.10 5 $ECNA-bookMarket UK UK2009FCA, CySECUS, Canada, Singapore, AustraliaUK Financial Services Compensation Scheme (FSCS), Cyprus Investor Compensation Fund (ICF)LMAX85 msYesBank WireUSDxx5xxxx70% | 100% Average
20 $
500 $300 : 10.010.7 0 $500 $300 : 10.010.1 7 $20 $500 : 10.011 0 $ECN marketing*STPA-bookMarket Marshall Isl. Marshall Isl.2015Not regulatedNonexMT4YesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, FasaPay, UPayCard, VLoadUSDx71xxPAMMx20% | 50% High
250 $
250 $400 : 10.011.5 0 $ECN marketing*STPA-bookMarket Vanuatu Vanuatu2020FSCUS, SwitzerlandxMT4, MT5, MT5 WebTerminalNoxBank Wire, Debit Card, Credit Card, Skrill, Neteller, BitcoinUSDxxx5Copy TradingMAMx100% | 100% Low
1 $
1 $500 : 10.010.5 0 $1 $500 : 10.010 7 $ECN-style pricing*STP, DMAA-bookMarket Australia Australia2012ASICUSxMT4, MT4 WebTerminal1 msNoxxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSDxx36xxxMAM, PAMM20% | 50% Low
15 $
25 $500 : 110 0 $100 $500 : 110 5 $15 $1000 : 10.10 0 $ECN marketing*STP, DMAA-bookMarket Vanuatu Vanuatu2019VFSCNonexMT4, MT5177 msNoxBank Wire, Credit Card, Debit Card, Help2Pay, BerryPayUSDxx84xxCopyTradeMAM, PAMMx30% | 50% Low
1 $
1 $200 : 11.5 0 $1 $200 : 10 ECN marketing*STPA-bookMarket Cyprus Cyprus2021noNonexMT4xBank Wire, Credit Card, Debit Card, Paypal, Bipipay, 5PAY, BitcoinUSDxxx55Social TradingMAM, PAMMx | Low
50 $
50 $500 : 10.011.2 0 $200 $500 : 10.010 6 $ECN-style pricing*STP, DMAA-bookMarket Vanuatu Vanuatu2020VFSC, CIMANonexMT4, MT5, WebTrader250 msNoxBank Wire, Credit Card, Debit Card, STICPAY, Boleto, Bitcoin, FasaPayUSD, EUR, GBP, AUD, CAD, SGD, NZD, HKD, JPYx396DupliTradex50% | 80% Average
100 $
100 $1000 : 10.011 0 $500 $1000 : 10.010 8 $ECN marketing*STP, DMAA-bookMarket SVG SVG2012Not regulatedNoneFinancialcommission.orgMT4, MT4 WebTerminal, AutochartistYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Prepaid CardUSD, EUR, RUB, VND, THBx38xCopyTradePAMMx30% | High
50 $
5000 $500 : 10.010.1 6 $50 $500 : 10.011.5 0 $ECN marketing*STPA-bookMarket BVI BVI2005FSC, DFSAUSxMT4, MT4 WebTerminal, MT520 msNoBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, GlobePay, Payment Asia, ThunderXpayUSD, GBP, EUR, JPY, CHF, AUD, NZD, CADx455Social TradingMAM, PAMM50% | 100% High
100 $
100 $500 : 10.011.6 0 $5000 $500 : 10.010.2 5 $ECN marketing*STPA-bookMarket SVG SVG2013Not regulatedNoneLloydsMT4, MT5100 msNoxBank Wire, Credit Card, Debit Card, Neteller, Skrill, FasaPay, GlobePay, ADVCash, PaytrustUSD, EURx44xxxx50% | 100% Low
300 $
300 $
50 : 10.013 🔒0 $3000 $50 : 10.010 16 $5000 $50 : 10.010 8 $ECN-style pricing*MM, DMAB-book, A-bookInstant, Market Malta Malta2012FSAUSxMT4, MT4 WebTerminal, JForexNo, yesxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSD, EUR, GBP, CAD, JPYx28xxxx20%, 50% | 50%, 20% Average
100 $
100 $500 : 10.010.2 0 $100 $500 : 10.010 6 $100 $500 : 10.010.4 0 $ECN-style pricing*STP, DMAA-bookMarket SVG SVG2011Not regulatedUSxMT5, MT5 WebTerminal100 msYesxBitcoin, SkrillUSD, EURx355CopyTradingx30%, 15% | 45%, 25% High
1 $
1 $500 : 10.010.8 0 $ECN marketing*MMA+B bookMarket Australia Australia2018ASICUSxMT4YesxBank Wire, ZotaPayAUD, USD, EUR, GBP, CNY, HKD, SGDxx71xxSocial Trading Programmex | Low
10 $
10 $500 : 10.010.4 7 $10 $500 : 10.017 0.4 $ECN marketing*DMAA-bookMarket SVG SVG2019Not regulatedNonexMT4, MT4 WebTerminal10 msYes, unlimitedxBank Wire, Credit Card, Debit Card, VLoad, BitcoinUSD, EUR, GBP, CAD, AUD, BTCxx5514xxx70% | 100% High
100 $
100 $
500 : 10.011.5 0 $1000 $200 : 10.10 10 $100 $500 : 10.011.5 0 $ECN marketing*MMB-bookMarket SVG SVG2020Not regulatedNonexMT5, MT5 WebTerminal0 msNoxBank WireUSDxxx38xxMAM, PAMMx | Average
1 $
5 $500 : 10.010 6 $1 $500 : 10.010.1 3 $1 $500 : 10.013 0.1 $ECN-style pricing*STPA-bookMarket Belize Belize2010Not regulatedNonexMT4, Mobius Trader200 msYesxBank Wire, Credit Card, Debit Card, Skrill, Perfect Money, WebMoney, QIWI, Yandex.Money, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stablecoin, China UnionPay, DashUSD, AUD, BTC, BCH, CAD, CNY, DASH, ETH, EUR, GBP, JPY, LTC, XRM, NZD, RUB, CHF, UAHx496xPAMMx60% | 80% Low
1 $
1 $100 : 10.010 4 $1 $500 : 10.010 4 $ECN marketing*DMAA-bookMarket SVG SVG2003Not regulatedUSxMT4, MT4 WebTerminal, MT5200 msYes, unlimitedBank Wire, Credit Card, Debit Card, ADVCash, TCPAY, Perfect Money, Tether, Bitcoin, WebMoney, Yandex.Money, QIWIUSD, EURxxxxxxxPAMMx60% | 100% Low
10 $
500 $100 : 10.010 0 $1000 $100 : 10.010 25 $50000 $40 : 10.10 25 $10 $100 : 10.010 0 $ECNSTP, DMAA-bookMarket Latvia Latvia1998FCMCUSInvestor Protection Law LatviaMT4, Integral, Currenex1 msYes, unlimitedBank WireUSD, EURxxxxxxxx50%, 30% | 100%, 50% Low
10 $
10 $
2000 : 10.11.3 0 $10 $500 : 10.010 4 $10 $2000 : 10.011.3 0 $ECN marketing*MM, DMAA+B bookMarket Belize Belize2009IFSCNoneFinancialcommission.orgMT4, MT4 WebTerminal, MT5, MT5 WebTerminal, CTrader400 msYesBank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, ADVCash, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Nordea Solo, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, ServipagUSD, EUR, CNY, XAU364CopyFXRAMM20%, 40% | 60% High
10 $
10 $500 : 10.011.7 0 $100000 $200 : 10.011.7 0 $ECN-style pricing*STPA-bookMarket SVG SVG2019FINTRACNoneFinancialcommission.org, Falcon InsuranceMT4NoxBank Wire, Credit Card, Debit Card, China UnionPayUSDx3219CopySamx50% | 100% Average
10000 $
10000 $100 : 10.011.7 0 $25000 $100 : 10.010 10 $250000 $100 : 110 10 $ECNSTP, DMAA-bookMarket Sweden Sweden2017FINonexMT4, cTrader, Currenex10 msNoBank WireUSD, EUR, GBPxx52xxMAMx80% | 100% Low
200 $
200 $400 : 10.011 0 $5000 $300 : 10.10 10 $ECN-style pricing*STP, DMAA-bookMarket SVG SVG2004Not regulatedNonexMT4, MT4 WebTerminal15 msYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, OKPAY, RegularPayUSDx36xxPAMMx50% | 100% Low
1 $
1 $1000 : 10.12 🔒0 $1 $1000 : 110 0 $1 $1000 : 10.012 🔒0 $ECN-style pricing*MM, STPA+B book, A-bookInstant, Market Belize Belize2013IFSCNonexMT40 msYesBank Wire, Credit Card, Debit Card, Skrill, STICPAY, Neteller, PayCo, Triv, IPay, FasaPay, Perfect Money, QIWI, OnlineNaira, PAYEER, NganLuong, Flutterwave, Bitwallet, Bitcoin, Litecoin, Peercoin, Reddcoin, Blackcoin, Zcash, Dash, Dogecoin, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Nigeria, Local Transfer Kenya, Local Transfer Zimbabwe, Local Transfer Namibia, Local Transfer IranUSD, EUR, GBP, RUB, ZAR, NGN, CNY, BDT, INR, THBx84xForex Copyxx10% | 30% High
200 $
200 $200 : 10.010 8 $ECN-style pricing*MM, STPA+B book, A-bookMarket Vanuatu Vanuatu2016VFSCNonexMT47 msYes, unlimitedxBank Wire, Credit Card, Neteller, BitPay, ThunderXpayUSD, EURxx365xCopy TradingPAMM, MAM70% | 100% High
100 $
100 $
500 : 10.011.1 0 $100 $500 : 10.010.8 7 $100 $500 : 10.010.2 8 $ECN marketing*MM, STPA+B book, A-bookMarket Cyprus Cyprus1994CySECBelgium, USCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal, MT5NoBank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPayUSD, EURx6166xxx50% | 70% Low
10 $
10 $500 : 10.010 0 $100 $200 : 10.010 8 $10 $3 : 10.0110 0 $ECN-style pricing*STPA-bookMarket Nevis Nevis2012Not regulatedUSxMT4Yes, unlimitedCredit Card, Debit Card, QIWI, FasaPay, ADVCash, Perfect Money, Bitcoin, Ethereum, Litecoin, Tether, Bitcoin CashUSD, EUR, RUB, JPY, BTC, LTC, ETHxxx5529xPAMMx30%, 50% | 50%, 100% Low
10 $
100 $1000 : 10.011.1 0 $500 $500 : 10.010 8 $10 $1000 : 10.0012.2 0 $ECN-style pricing*STP, DMAA-bookMarket Vanuatu Vanuatu2011VFSCUS, Canada, Israel, Belgium, Japan, Vanuatu, MauritiusxMT4, MT5100 msYes, unlimitedBank Wire, Credit Card, Debit Card, Skrill, Perfect Money, FasaPay, Neteller, Bitcoin, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Thailand, Local Transfer Vietnam, Local Transfer NigeriaUSD, EUR, NGN, PLN, GBPxxxxSocial Tradingx100%, 50% | 50%, 100% Average
200 $
200 $500 : 10.011.2 0 $200 $500 : 10.010 7 $ECN-style pricing*STP, DMAA-bookMarket Vanuatu Vanuatu2014VFSCNonexMT4, MT4 WebTerminal, MT5300 msYes, unlimitedBank Wire, Credit Card, Debit Card, Neteller, Skrill, Bitwallet, STICPAY, Local Transfer JapanUSD, EUR, AUD, JPY, SGDx5524xMAM, PAMM20% | 20% High
250 $
500 $100 : 10.011.9 2000 $100 : 10.010.9 0 $250 $300 : 10.012.1 0 $ECN marketing*STPA-bookMarket UK UK2014Not regulatedUSxMT4NoxBank Wire, Credit Card, Skrill, Neteller, FasaPayUSDxx67xxxxx | Low
50 $
50 $500 : 10.011.5 0 $2000 $500 : 10.010 6 $ECN marketing*STP, DMAA-bookMarket Bermuda, Cyprus Bermuda, Cyprus2009BMA, CySECNoneCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal100 msYesBank Wire, Credit Card, Debit Card, Neteller, Bitwallet, Bitcoin, Skrill, FasaPay, WebMoney, Perfect MoneyUSD, EUR, JPY, CHF, GBPx538Copy TraderMAM50% | 80% Average
10 $
10 $1000 : 10.010.7 0 $10 $1000 : 10.010 3 $ECN marketing*STP, DMAA-bookMarket Dominica Dominica2011Not regulatedUS, UKxMT4, MT4 WebTerminal, MT5, MT5 WebTerminal, CTrader500 msYesBank Wire, Credit Card, Debit Card, UPayCard, Skrill, Neteller, Perfect Money, FasaPay, Ethereum, Bitcoin, Litecoin, Ripple, USD Coin, Tether, TrueUSD, Stellar LumensUSD, EUR, CAD, GBPxx429yesx40% | 40% High
100 $
100 $400 : 10.010.1 0 $25000 $100 : 10.10 5 $ECN-style pricing*STP, DMAA-bookMarket Cayman Isl. Cayman Isl.2004CIMAUSxMT4, MT5, MT5 WebTerminal, Currenex, CTraderYesxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Payfinder, Bitwallet, EcoPayz, Uphold, BitPay, STICPAY, EPayments, FasaPay, TransferMate, ADVCash, Tronipay, Paytrust, Payr, Flutterwave, InteracUSD, EUR, GBP, JPYxxx5Tradeview Copier, MyfxbookMAMx110% | 110% Average
500 $
1000 $400 : 10.011.4 0 $10000 $200 : 110 10 $500 $500 : 10.011.6 0 $ECN marketing*STP, DMAA-bookMarket SVG SVG2013Not regulatedUS, Japan, CanadaxMT4YesxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSDx441xxx30%, 20% | 50% Low
500 $
500 $500 : 10.012.4 0 $25000 $500 : 10.010 11 $ECN marketing*MM, STP, DMAA+B book, A-bookMarket Mauritius, Cyprus Mauritius, Cyprus2014FSC, CySECNoneCyprus Investor Compensation Fund (ICF)MT4, MT4 WebTerminal32 msNoBank Wire, Credit Card, Debit Card, NetellerUSDxx614xxPAMM, MAM50% | 200% Average
5 $
200 $200 : 10.010.2 0 $200 $400 : 10.010 4 $5 $200 : 10.010.2 8 $ECN marketing*STP, DMAA-bookMarket Seychelles Seychelles2016Not regulatedNonexMT4, MT5, ActTrader, TradeStation50 msYes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, EthereumUSD, EURxxx4Social TradingPAMM50% | 70% Low
10 $
10 $
1000 : 10.011.6 0 $400 $500 : 10.010.8 10 $ECN marketing*MMA+B bookMarket Mauritius Mauritius2016Not regulatedUSxMT5, MT5 WebTerminal65 msNoxBank Wire, Credit Card, Debit Card, Neteller, Perfect Money, PayPal, Western Union, WebMoney, Bitcoin, Litecoin, Dash, Tether, Monero NEO, TUSD, ENBUSDxxxxCopyTradeMAM, PAMM20%, 40% | 100% Average
100 $
1000 $300 : 10.11.3 0 $1000 $200 : 10.10 20 $100 $500 : 10.011.5 0 $ECN marketing*STP, DMAA-bookMarket Marshall Isl. Marshall Isl.2015Not regulatedNonexMT4Yes, unlimitedxBank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, QIWI, Perfect Money, OKPAY, CASHUUSDx38xxPAMMx40%, 70% | 110% Average
1 $
1 $500 : 10.010 6 $ECN marketing*MM, DMAB-book, A-bookMarket UK UK2004FCA, FSAUSUK Financial Services Compensation Scheme (FSCS)MT4, MT4 WebTerminal, MT5159 msYes, unlimitedBank Wire, Credit Card, Debit Card, Skrill, Neteller, Rapid Transfer, China UnionPay, Trustly, Remessa Online, Alipay, Klarna, Multibanco, JCB, AstroPay, IDEAL, POLi, Przelewy24, STICPAY, PayPalUSD, AUD, CHF, EUR, GBP, JPY, ZAR, NZDxxxxxMAM50% | 50% Low
200 $
200 $500 : 10.011.4 0 $500 $500 : 10.010 6 $ECN-style pricing*STP, DMAA-bookMarket Cayman Isl. Cayman Isl.2009CIMA, ASIC, FCA, FSCUSxMT4, MT4 WebTerminal, MT5, MT5 WebTerminal250 msNoBank Wire, Credit Card, Debit Card, BPAY, POLi, Skrill, Neteller, FasaPay, China UnionPayUSD, AUD, GBP, EUR, SGD, CADxx44xZuluTrade, MyfxbookMAM, PAMM50% | 80% Average
500 $
500 $30 : 10.011 0 $5000 $30 : 10.10 0 $ECN marketing*STP, DMAA-bookMarket UK UK2015FCAUSUK Financial Services Compensation Scheme (FSCS)MT40.1 msYes, unlimitedxBank Wire, Credit Card, Debit CardUSD, EUR, GBP, PLN, JPY, AUDx45xxMAM50% | 100% Low
25000 $
25000 $100 : 10.010.5 5 $ECNA-bookMarket UK UK2009ASIC, FCACanada, USxLiquidx, Currenex, Hotspot, Pro TraderYesxxBank WireUSDxxxxxxx50% | 50% Lowest
200 $
200 $500 : 10.011.2 0 $200 $500 : 10.010 6 $ECN-style pricing*STPA-bookMarket Cayman Isl. Cayman Isl.2016CIMA, ASICNonexMT4, MT4 WebTerminalNoxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, EthereumUSD, EUR, AUD, GBP, CADx39xZuluTradeMAM, PAMMx | Average
100 $
100 $200 : 10.011.5 15 $ECN marketing*STPA-bookMarket SVG SVG2019Not regulatedNonexMT51000 msNoxBank Wire, Credit Card, Debit Card, Boleto, BitcoinUSDxxxxxxPAMM50% | 100% Low
25 $
25 $500 : 10.011.4 0 $250 $100 : 10.010.2 ECN marketing*STPA-bookMarket SVG SVG2013Not regulatedUS, CanadaxMT5NoBank Wire, Credit Card, Debit Card, Neteller, Perfect Money, FasaPay, PayzaUSDxx34xyesPAMMx10% | 20% Low
1 $
1 $500 : 10.010.6 0 $1 $1000 : 10.011.8 🔒0 $1 $25 : 10.010 0 $ECN marketing*MM, STPB-book, A-bookMarket BVI BVI2007VFSCUSFinancialcommission.orgMT4, MT5NoxBank Wire, Credit Card, Debit Card, Perfect Money, PAYEER, ADVCash, Bitcoin, Dash, Apple Pay, Google payUSD, UAH, RUB, EURx5317xMAM40% | Low
100 $
100 $30 : 10.011 0 $0 $0 : 100 0 $100 $30 : 10.010.2 7 $ECN-style pricing*STP, DMAA-bookMarket Cyprus Cyprus2012CySEC, FSCNoneCyprus Investor Compensation Fund (ICF)MT5200 msYesxBank Wire, Credit Card, Debit Card, Skrill, NetellerUSD, EUR, GBP, CHF, NOKx444xMAMx50% | 100% Low
5 $
250 $400 : 10.011 0 $250 $400 : 10.010 7 $5 $1000 : 10.011 0 $ECN marketing*STP, DMAA-bookMarket Marshall Isl. Marshall Isl.2015Not regulatedNonexMT4, MT5, MT5 WebTerminalNoxBank Wire, Credit Card, Debit Card, Neteller, Skrill, Bitcoin, China UnionPayUSDx5234Copy TradingPAMM30% | 60% Low
100 $
100 $500 : 10.011 0 $500 $500 : 10.010 12 $ECN-style pricing*STP, DMAA-bookMarket Seychelles Seychelles2010FSAUSxMT415 msYes, unlimitedxBank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, FasaPay, CASHU, QIWI, IDEAL, Paysafecard, Alipay, M-PesaUSDx57xxMAM50%, 80% | 100% Low
50 $
200 $400 : 10.011.3 0 $1000 $400 : 10.010.2 14 $50 $2000 : 10.011.5 0 $ECN marketing*STPA-bookMarket Seychelles Seychelles2017FSA, FCAUSxMT435 msNoxBank Wire, Credit CardUSDxx33xxxMAMx100% | 100% Average

*ECN - true ECN broker
*ECN-style pricing - broker offers Best pricing from Top-tier liquidity providers, yet isn't a true ECN
*ECN marketing - liquidity source is unknown and/or trading conditions don't match ECN, the broker is not a true ECN
*EURUSD Spread as low as
*Commission per Standard lot Round Turn

ECN Forex broker

an agent and intermediary dealer that operates No Dealing Desk (NDD) and is NOT a counterparty to clients' trades. Instead it facilitates processing of all orders directly to the Interbank Market (via Straight Through Processing - STP) where all ECN participants of all levels trade between each other and for themselves.

How ECN brokers work?

  • Price: ECN Forex brokers display price feeds as seen on the Interbank. ECN brokers charge commission for access to the global market.
  • Trade: Clients don't trade with ECN brokers. Rather they receive access to the ECN network & trade directly on the Interbank while using ECN brokers' interface. The final counterparty of each trade is all other ECN market participants (from individual traders to large investment corporations and banks).
  • What's the deal? Clients receive access to the Interbank liquidity, benefit from unlimited trading capacity under all market conditions, unlimited access to DOM data (Market Depth data) and lowest spreads directly from the market. Clients trade for themselves on behalf of themselves.

🔥 "ECN pricing" NOT equals "ECN dealing"

For many Forex traders seeing the word "ECN" triggers expectations of getting onboard of ECN trading.

In fact "ECN pricing" should be called "ECN-style pricing". This way it sets clear expectation that it is all about matching the ECN style, not being an actual ECN.

"ECN pricing" is just that: Pricing.
It says nothing about the dealing model.

"ECN pricing" means a Broker does not make own pricing (like Market Makers do), but instead sources best price quotes from liquidity providers (LPs) and passes them to clients. High quality LPs + more LPs = best possible pricing.

Yes, it is the best pricing (best Bid/Ask quotes) delivered from Top-tier liquidity providers, but this is where the word "pricing" ends.

"ECN pricing" says nothing about "How the broker handles client orders", e.g. nothing about the dealing model.

ECN pricing = ECN-style pricing ≠ ECN dealing

This is where many traders would be surprised to learn that a broker with "ECN pricing" could be a Market Maker or STP or DMA

ECN with ECN pricing

ECN Brokers offer true ECN pricing.

STP and DMA with "ECN pricing"

STP and DMA brokers promoting "ECN pricing" offer "ECN-style pricing"

  • STP and DMA brokers with "ECN pricing" will send all orders to their LPs (A-book).
  • STP and DMA brokers can choose to add mark-up to price quotes and/or charge commission.
  • DMA brokers will have better LPs, and more LPs, which improves overall trading experience for clients.

Market Makers with "ECN pricing"

Marker Makers promoting "ECN pricing" offer "ECN-style pricing"

Such Market Makers would be Hybrid = A+B-book dealing type, where A-booked orders are passed to LPs (No Dealing Desk model), while B-booked orders are held in-house and processed internally, e.g. countertraded by the broker (Dealing Desk model).

Conclusion

As we can see, it is "Business as usual" for all Forex brokers.

Just that little fancy word "ECN" mentioned by a Broker tends to receive more attention from traders, and thus higher client conversion for the Broker.

It's a pure marketing power in action!

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