⭐ 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.

Compare ECN Forex Brokers

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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	BTCUSD 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
AAAFx	10 $										10000 $	30	0.01	0 ≈	0 $	10 $	30	0.01	0 ≈	2 $											ECN-style pricing*	DMA	A-book	Market	Greece Greece	2008	HCMC	None	Athens Stock Exchange Members' Guarantee Fund (ATHEX)	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, ActTrader	21 ms	Yes	✔	x	✔	Bank Wire, Skrill, Neteller, Giropay, EPS, Klarna, IDEAL, Przelewy24, QIWI, Bitcoin, China UnionPay	USD, EUR, GBP, AUD	✔	✔	x	36	3	✔	ZuluTrade	PAMM	✔	70% \| 100%	⬤ Low
AAATrade	1 $ 1 $	30	0.01	0.2 ≈	0 $	1 $	30	0.01	0.2 ≈	0 $						1 $	30	0.01	0 ≈	5 $											ECN marketing*	MM, STP	A+B book, A-book	Market	Cyprus Cyprus	2014	CySEC	None	Cyprus Investor Compensation Fund (ICF)	MT5, MT5 WebTerminal, AAATrader Web	4 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, Giropay, QIWI, China UnionPay, Klarna, IDEAL, Yandex.Money, Rapid Transfer	USD, EUR, GBP	✔	✔	x	84	x	x	x	x	x	25% \| 50%	⬤ Low
AAFX	100 $ 100 $	2000	1	2 🔒	0 $											100 $	2000	1	0.6 ≈	0 $											ECN-style pricing*	MM, STP	A+B book, A-book	Instant, Market	SVG SVG	2014	Not regulated	US	x	MT4, MT4 WebTerminal, MT5	10 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, WebMoney, Bitcoin, Payza, Perfect Money, MoneyGram, Western Union	USD, EUR, GBP	✔	✔	x	42	2	✔	x	x	x	20% \| 20%	⬤ Average
ACX	1 $ 1 $	1000	0.01	1.5 🔒	0 $	1 $	1000	0.01	0.6 ≈	0 $						1 $	1000	0.01	0 ≈	10 $											ECN marketing*	MM, STP, DMA	A+B book, A-book	Instant, Market	SVG SVG	2020	Not regulated	None	x	MT5, MT5 WebTerminal		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD	✔	✔	x	37	x	✔	x	x	x	\|	⬤ Lowest
AdroFX	25 $															100 $	500	0.01	1.2 ≈	0 $	25 $	500	0.0001	2 ≈	0 $						ECN-style pricing*	STP	A-book	Market	Vanuatu Vanuatu	2018	VFSC	None	x	MT4, MT4 WebTerminal, Allpips	500 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, VLoad, PAYEER, Perfect Money, Bitcoin, Ethereum, Uphold, Tether	USD, EUR, GBP, BTC, ETH	✔	✔	✔	62	5	✔	Allpips	x	✔	5% \| 10%	⬤ Low
AIMS	50 $										50 $	400	0.01	1.5 ≈	0 $																ECN-style pricing*	DMA	A-book	Market	Malaysia Malaysia	2015	LFSA	US	x	MT4	20 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, FasaPay, STICPAY, PayTrust88, Help2Pay, Bitcoin, Skrill, ADVCash, China UnionPay, WeChat, Alipay	USD	✔	✔	x	x	15	✔	x	MAM	x	100% \| 200%	⬤ Lowest
Alkimiya Markets	5000 $ 100 $	400	0.1	2 ≈	0 $											25000 $	100	1	0 ≈	3 $	100 $	400	0.01	2 ≈	0 $						ECN marketing*	MM, DMA	B-book, A-book	Instant, Market	SVG SVG	2021	Not regulated	None	x	MT5, MT5 WebTerminal		No, yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD	x	x	x	25	x	✔	x	x	x	10%, 50% \| 20%, 100%	⬤ Lowest
Alpari	20 $ 1 $	1000	0.1	0.3 🔒	0 $											300 $	3000	0.01	0.1 ≈	16 $	1 $	500	0.1	2 🔒	0 $						ECN marketing*	MM, STP	A+B book, A-book	Instant, Market	Mauritius Mauritius	1998	FSC	None	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	0.1 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, WebMoney, FasaPay, China UnionPay, LatAm, ADVCash, VLoad, Tether, Bitcoin, Litecoin, Zcash, Ethereum, TC Wallet, Perfect Money	USD, EUR, XAU	✔	✔	x	46	25	✔	x	PAMM	x	20%, 60% \| 20%, 60%	⬤ High
AlphaFX Markets	100 $															100 $	300	0.01	0.1 ≈	0 $											ECN marketing*	MM	A+B book	Market	SVG SVG	2020	Not regulated	US	x	MT5	200 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, PayPal, Bitcoin, TransferWise	USD	x	x	x	x	x	✔	Alphafx Invest	MAM	x	\|	⬤ Average
AMarkets	100 $ 100 $	1000	0.01	3 🔒	0 $	100 $	1000	0.01	1.3 ≈	0 $						200 $	200	0.01	0 ≈	5 $											ECN marketing*	MM, STP, DMA	B-book, A-book	Instant, Market	SVG SVG	2007	Not regulated	None	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, Autochartist	30 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney, FasaPay, Perfect Money, Skrill, Neteller, TopChange, Jeton	USD, EUR	x	✔	x	42	12	✔	Copy Trading	PAMM, RAMM	✔	20%, 40% \| 50%	⬤ Average
Anzo Capital	100 $					100 $	1000	0.01	1.8 ≈	0 $						500 $	500	0.01	0 ≈	4 $											ECN-style pricing*	STP	A-book	Market	Belize Belize	2016	FSC	US, Japan	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal		No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, STICPAY, DusuPay, Tether, Bitcoin, Local Transfer	USD	✔	x	x	52	x	x	Myfxbook AutoTrade	MAM	✔	50% \| 80%	⬤ Low
Aron Groups	1 $ 1 $	1000	0.01	0 ≈	0 $											50 $	500	0.01	2 ≈	4 $	1 $	1000	0.001	0 ≈	0 $						ECN-style pricing*	MM, STP	B-book, A-book	Instant, Market	SVG SVG	2019	Not regulated	US, UK, SVG	x	MT5	0 ms	Yes	✔	✔	✔	Bank 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, IRR	✔	x	✔	x	x	✔	x	MAM	x	30% \| 50%	⬤ Average
ARUM Capital	500 $					500 $	30	0.01	0.7 ≈	0 $						500 $	30	0.01	0 ≈	5.4 $											ECN-style pricing*	STP, DMA	A-book	Market	Cyprus Cyprus	2017	CySEC	None	Cyprus Investor Compensation Fund (ICF)	MT5	5 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, QIWI	USD	✔	✔	x	65	5	x	x	x	x	80% \| 100%	⬤ Low
ATC Brokers	2000 $															2000 $	200	0.01	0.3 ≈	6 $											ECN-style pricing*	DMA	A-book	Market	Cayman Isl. Cayman Isl.	2005	CIMA	US	x	MT4	100 ms	Yes	✔	✔	✔	Bank Wire, China UnionPay	USD	✔	x	x	38	5	x	x	MAM	✔	100% \| 120%	⬤ Low
Avant-Markets	10 $					100 $	1000	0.01	1.5 ≈	0 $						200 $	500	0.01	0.1 ≈	10 $	10 $	1000	0.01	2.5 ≈	0 $						ECN marketing*	MM, STP	A+B book, A-book	Market	SVG SVG	2022	Not regulated	US, Afghanistan, Iran, Libya, Mali, Somalia, Sudan, Yemen, Sri Lanka, Russia	x	MT4, MT4 WebTerminal	1000 ms		✔	x	✔	Bank Wire	USD	✔	x	x	x	x	✔	Avant-Copy	x	x	50% \| 100%	⬤ Lowest
AVFX Capital	500 $ 10 $	500	0.01	1.1 ≈	0 $						3000 $	200	0.01	0 ≈	7 $	1000 $	200	0.01	1 ≈	0 $	10 $	1000	0.01	1.2 ≈	0 $						ECN marketing*	MM, STP, DMA	A+B book, A-book	Market	SVG SVG	2018	Not regulated	None	x	MT4, MT5		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Perfect Money, WebMoney, PayPal, Bitcoin, Ethereum	USD	x	✔	x	x	x	✔	Copy Trading	x	x	30% \| 50%	⬤ Low
AximTrade	1 $ 1 $	3000	0.01	1 ≈	0 $											50 $	1000	0.01	0 ≈	6 $	1 $	2000	0.01	1 ≈	0 $						ECN marketing*	MM, DMA	B-book, A-book	Market	BVI BVI	2010	FSC	None	x	MT4	4 ms	No, yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, WeChat, China UnionPay, Bitcoin	USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR	✔	✔	x	33	19	x	CopyTrade	x	x	30% \| 60%	⬤ Average
AZAforex	1 $										1 $	1000	0.01	1 ≈	3 $	2000 $	500	0.01	0.5 ≈	3 $	1 $	1000	0.01	1 ≈	3 $	1 $	100	0.01	3 ≈	1 $	ECN-style pricing*	DMA	A-book	Market	SVG SVG	2016	Not regulated	None	x	Mobius Trader	10 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, PAYEER, ADVCash, NixMoney, Capitalist, Kuna, Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, Tether, Monero, Ripple	USD, EUR, GBR, JPY, AUD, CAD, CHF, NZD, UAH, RUB, CNY, ILS, IDR, MYR, THB, VND, BTC, BCH, ETH, DASH, LTC, XMR	✔	✔	x	64	6	✔	x	MAM, PAMM	✔	5% \| 100%	⬤ Low
B.I.C. Markets	100 $															100 $	100	0.01	2 ≈	0 $											ECN marketing*	MM	A+B book	Market	CambodiaCambodia	2017	SEC Cambodia	None	x	MT4, MT4 WebTerminal		Yes, unlimited	✔	x	✔	Bank Wire	USD	x	✔	x	39	x	x	x	MAM, PAMM	x	50% \| 80%	⬤ Lowest
Baazex	10000 $															10000 $	200	0.01	0.1 ≈	8 $											ECN marketing*	MM	c-book	Market	SVG SVG	2018	Not regulated	None	x	MT5	100 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money	USD	✔	x	x	54	4	✔	Social Trading	MAM	x	40% \| 100%	⬤ Lowest
BAXIA	50 $					50 $	2000	0.01	1 ≈	0 $						500 $	500	0.01	0 ≈	5 $											ECN-style pricing*	STP	A-book	Market	Seychelles Seychelles	2020	FSA	None	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	30 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, STICPAY, AstroPay, FasaPay, Skrill, Neteller, Perfect Money, Tether, USD Coin, Bitcoin, Local Transfer, Ethereum, Bitcoin Cash, Litecoin	USD	✔	✔	x	x	x	x	x	MAM, PAMM	✔	50% \| 90%	⬤ Low
BAXTER-FX	50000 $															50000 $	100	0.1	0 ≈	3.9 $											ECN		A-book	Market	Australia Australia	2012	ASIC	None	x	Currenex, Hotspot, FxAll		Yes	✔	✔	✔	Bank Wire	USD, EUR, GBP, AUD	x	x	x	x	x	x	x	PAMM	x	\|	⬤ Low
BelleoFX	100 $					100 $	500	0.01	1.2 ≈	0 $						10000 $	200	0.1	0 ≈	5 $											ECN marketing*	STP	A-book	Market	Mauritius Mauritius	2020	FSC	None	x	MT5, MT5 WebTerminal	1000 ms		✔	✔	✔	Bank Wire, Credit Card, Debit Card, FasaPay, Perfect Money, Payop, Bitcoin, Tether, Ethereum	USD	✔	✔	x	x	x	✔	x	x	x	30% \| 50%	⬤ Low
BKFX	5 $					100 $	2000	0.01	1.5 ≈	0 $						5000 $	2000	0.01	0 ≈		5 $	2000	0.01	1.8 ≈	0 $						ECN marketing*	STP	A-book	Market	South Africa South Africa	2020	FSCA	None	x	MT4, MT4 WebTerminal		No	✔	x	✔	Neteller, Skrill, STICPAY, LetKnow, Payr	USD, EUR	✔	x	x	x	11	✔	x	PAMM	✔	20% \| 50%	⬤ Low
BlackBull Markets	200 $					200 $	500	0.01	0.8 ≈	0 $						2000 $	500	0.01	0.1 ≈	6 $											ECN-style pricing*	STP, DMA	A+B book, A-book	Market	Seychelles Seychelles	2013	FSA	None	x	MT4, MT4 WebTerminal, MT5	20 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, China UnionPay	USD	✔	x	x	64	x	✔	ZuluTrade, Myfxbook AutoTrade	MAM, PAMM	✔	50% \| 70%	⬤ Average
Blackwell Global	1 $					1 $	200	0.01	0.8 ≈	0 $						1 $	30	0.01	0.1 ≈	9 $											ECN marketing*	STP	A-book	Market	UK UK	2010	FCA	US, Japan, Belgium, New Zealand	UK Financial Services Compensation Scheme (FSCS)	MT5		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin	USD, EUR, GBP, CHF	✔	✔	x	x	x	✔	x	x	✔	50% \| 80%	⬤ Low
Bold Prime	15 $ 15 $	2000	0.01	1.8 ≈	0 $						150 $	500	0.01	0 ≈	7 $	150 $	500	0.01	0 ≈	7 $											ECN marketing*	MM, DMA	A+B book, A-book	Market	SVG SVG	2020	Not regulated	None	Financialcommission.org	MT4, cTrader, MT5		Yes, unlimited	✔	✔	✔	Bank Wire	USD	x	x	x	x	x	x	x	x	x	30% \| 100%	⬤ Average
BullsEye Markets	500 $ 50 $	400	0.01	1 ≈	0 $											500 $	400	0.01	0 ≈	10 $	50 $	1000	0.01	1 ≈	0 $						ECN marketing*	MM, DMA	B-book, A-book	Market	Marshall Isl. Marshall Isl.	2014	Not regulated	None	x	MT4		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin	USD	✔	✔	x	51	11	✔	x	x	x	20% \| 50%	⬤ Low
Cabana Capitals	10 $					100 $	500	0.01	2 ≈	0 $						1000 $	200	0.01	0 ≈	10 $	10 $	500	0.01	0.6 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2017	Not regulated	US, 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, Ireland	x	MT4, MT5	100 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, Bitcoin, Paytrust	USD, AED, INR, GBP	x	✔	x	45	15	✔	MT4 Social Trading	PAMM	x	50% \| 80%	⬤ Average
Capital Street FX	100 $ 100 $	2500	0.01	2.5 🔒	0 $	200 $	3000	0.01	2 ≈	0 $						10000 $	100	0.1	0.1 ≈	15 $											ECN marketing*	MM, STP	B-book, A-book	Instant, Market	Mauritius Mauritius	2014	FSC	Mauritius	x	ActTrader, WebTrader	500 ms	No	x	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayPal, Perfect Money, PAYEER, IPay	USD	✔	x	x	x	x	x	x	x	x	10%, 20% \| 50%	⬤ Average
CapitalXtend	100 $					100 $	1000	0.01	3 ≈	0 $						200 $	1000	0.01	1.6 ≈	0 $											ECN marketing*	STP	A-book	Market	Mauritius Mauritius	2005	FSC	None	Financialcommission.org	MT4, MT5		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer, Perfect Money, Bitcoin, Ethereum, Tether, Paylivre, PayTrust88, ThunderXpay	USD	✔	✔	x	x	68	✔	Copy Trading	x	x	20%, 50% \| 100%	⬤ Average
CapproFx	10 $					10 $	1000	0.01	1 🔒	0 $						500 $	1000	0.01	1 ≈	7 $											ECN marketing*	MM, STP	A+B book, A-book	Instant, Market	UK UK	2013	Not regulated	US	x	MT4	100 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay, Bitcoin	USD, EUR	✔	x	x	67	x	✔	x	PAMM, MAM	✔	20% \| 25%	⬤ Low
CDG Global	50 $					50 $	1000	0.01	1.5 ≈	0 $						500 $	500	0.01	0 ≈	20 $											ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2019	LFSA	None	x	MT4, MT5	100 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, Bitcoin, FasaPay, Help2Pay, NganLuong, PayTrust88, ThunderXpay, ZotaPay	USD	✔	✔	x	45	3	✔	Social Trading	MAM, PAMM	x	30%, 60% \| 100%	⬤ Low
Charterprime	100 $					100 $	500	0.01	1.7 ≈	0 $						100 $	500	0.01	0 ≈	8 $											ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2012	Not regulated	None	x	MT4		Yes	✔	x	✔	Bank Wire, Skrill, Neteller, China UnionPay, Bitcoin, Tether	USD	✔	x	x	45	x	✔	x	yes	✔	\|	⬤ Lowest
CJC Markets	1000 $					1000 $	400	0.01	1.5 🔒	0 $						50000 $	200	0.01	0 ≈	5 $											ECN marketing*	STP, DMA	A-book	Instant, Market	Australia Australia	2020	ASIC	US	x	MT4	18 ms		✔	x	✔	Bank Wire	USD	✔	x	x	x	4	x	Copy Trading	MAM, PAMM	x	50% \| 100%	⬤ Low
CK Markets	100 $ 30 $	2000	0.01	1.3 ≈	0 $											100 $	500	0.01	0 ≈	0 $	30 $	2000	0.01	2.5 🔒	0 $						ECN	MM	A+B book, A-book	Market	SVG SVG	2017	Not regulated	None	x	MT4		Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller, Tether	USD	✔	✔	x	61	4	✔	x	x	x	30%, 50% \| 60%, 80%	⬤ Low
Climax Prime	10 $					100 $	300	0.01	1.2 ≈	0 $						400 $	300	0.01	0.5 ≈	10 $	10 $	500	0.0001	1.2 ≈	0 $						ECN marketing*	STP	A-book	Market	SVG SVG	2021	Not regulated	None	x	MT5		No	✔	x	✔	Credit Card, Debit Card, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin, Ethereum, Tether	USD	✔	x	x	35	x	✔	x	x	✔	30%, 50% \| 100%	⬤ Low
CLMarkets	100 $ 100 $	500	0.01	1.3 ≈	0 $											500 $	500	0.01	0 ≈	7 $											ECN-style pricing*	MM, DMA	A+B book, A-book	Market	SVG SVG	2013	Not regulated	US	x	MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Instacoin, Bitcoin	USD, EUR, GBP	✔	✔	x	43	7	x	x	x	x	50% \| 80%	⬤ Low
CM Index	15 $					15 $	8888	0.01	1 ≈	0 $						100 $	200	0.01	0.1 ≈	7 $											ECN-style pricing*	STP, DMA	A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4, cTrader	3 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer, Skrill, Neteller, Tether, Bitcoin, Ethereum	USD	✔	✔	x	29	x	✔	x	x	x	30% \| 50%	⬤ Average
CM Trading	250 $ 250 $	200	0.1	1.5 ≈	0 $											10000 $	200	0.1	0.1 ≈	14 $											ECN marketing*	MM, DMA	A+B book, A-book	Market	Seychelles Seychelles	2015	FSA	US	x	MT4, Sirix WebTrader	160 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, M-Pesa	USD, EUR	✔	✔	✔	x	15	✔	CopyKat	MAM, PAMM	x	20%, 50% \| 100%	⬤ Average
CMS Prime	500 $					500 $	500	0.01	1.2 ≈	0 $						20000 $	200	0.01	0 ≈												ECN marketing*	STP	A-book	Market	SVG SVG	2004	Not regulated	None	x	MT4, MT5		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Tether	USD	✔	x	x	x	x	✔	x	x	x	30% \|	⬤ Low
CMX Markets	50 $					500 $	400	0.01	0.8 ≈	0 $						2500 $	300	0.01	0.6 ≈	1 $	50 $	500	0.01	1.2 ≈	0 $						ECN marketing*	STP	A-book	Market	MoldovaMoldova	2013	NBM Moldova	None	x	MT4		Yes	✔	x	✔	Bank Wire, PayPal, Perfect Money	USD	✔	x	x	31	x	x	x	x	x	50% \|	⬤ Lowest
Crib Markets	1 $					100 $	500	0.01	1.6 ≈	0 $						100 $	500	0.01	0 ≈	4 $	1 $	500	0.01	1.6 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2021	Not regulated	US	x	MT5, MT5 WebTerminal	30 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Tether	USD, EUR, GBP	x	✔	x	49	7	✔	Myfxbook AutoTrade	MAM	x	\|	⬤ Low
Crystal Ball Markets	50 $ 50 $	1000	0.01	1.9 ≈	0 $	300 $	500	0.01	1.2 ≈	0 $						1000 $	500	0.01	0 ≈		50 $	1000	0.01	1.9 ≈	0 $						ECN marketing*	MM, STP, DMA	A+B book, A-book	Market	SVG SVG	2020	Not regulated	US, Canada, UK, Switzerland, Australia, Japan, Korea, Cuba, India, Iran, Iraq, Afghanistan, Syria, South Sudan, Sudan, Yemen, 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, Ireland	x	Mobius Trader 7		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Perfect Money, Bitcoin	USD	✔	x	x	49	x	x	Social Trading	MAM, PAMM	x	50% \| 100%	⬤ Lowest
CXM Direct	10 $					50 $	2000	0.01	0.2 ≈	0 $						100 $	1000	0.01	0.2 ≈		10 $	1000	0.01	0.2 ≈	0 $						ECN-style pricing*	STP	A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4		Yes, unlimited	✔	x	✔	Bank Wire, Bitcoin, Ethereum, Bitcoin Cash, Perfect Money, Tether	USD	✔	✔	x	63	47	✔	Social Trading	PAMM	✔	30% \| 50%	⬤ Low
Destek Global	100 $					100 $	200	0.01	1.5 ≈	0 $						10000 $	100	0.01	0.1 ≈												ECN marketing*	STP	A-book	Market	Bahamas Bahamas	2020	SCB	None	x	MT4		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney	USD	x	✔	x	42	4	x	x	x	x	50% \|	⬤ Lowest
Dizicx	100 $					100 $	1000	0.01	1.5 🔒	0 $						500 $	200	0.01	0 ≈	6 $											ECN marketing*	STP, DMA	A-book	Instant, Market	SVG SVG	2018	Not regulated	None	x	MT5, MT5 WebTerminal		Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, Skrill, WebMoney	USD, EUR, GBP	x	✔	x	55	6	✔	x	MAM	x	50%, 100% \| 100%, 200%	⬤ Low
Dominion Markets	100 $					100 $	500	0.01	1 ≈	0 $	100 $	500	0.01	0 ≈	7 $																ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2020	Not regulated	US, Canada, UK, Iran	x	MT5, MT5 WebTerminal	30 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Bitcoin, Ethereum, Ripple, Dash, Bitcoin Cash, Litecoin, Monero, Neo, Cardano	USD, GBP, EUR, CAD	✔	✔	x	x	35	x	Leaderboard	PAMM	x	80% \| 100%	⬤ Average
Doo Prime	100 $					100 $	400	0.01	11 ≈	0 $						5000 $	400	0.01	1 ≈	6 $											ECN-style pricing*	STP	A-book	Market	Vanuatu Vanuatu	2014	VFSC	None	x	MT4, MT5	30 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, EPay, FasaPay, HWGC	USD	✔	x	x	36	x	x	Outrade, Myfxbook AutoTrade, FOLLOWME	MAM, PAMM	✔	30% \| 100%	⬤ Lowest
Dukascopy Bank SA	100 $															100 $	100	0.01	0.1 ≈	9 $											ECN-style pricing*	MM	A+B book	Market	Switzerland Switzerland	2004	FINMA	Belgium, Israel, Canada, US, Russia, UK	Dukascopy Bank SA	MT4, JForex Web 3	300 ms	Yes, unlimited	✔	✔	✔	Bank Wire	USD, CHF, EUR, GBP, AUD, CAD, CZK, DKK, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, RUB, CNH, SEK, SGD, TRY, XAU, ZAR	x	✔	x	62	19	✔	x	PAMM	x	50% \| 100%	⬤ High
ECR Capitals	10 $					10 $	1000	0.01	0.9 ≈	0 $						1000 $	500	0.01	0.5 ≈	10 $											ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2020	Not regulated	US, 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, Ireland	x	MT5	300 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin	USD	✔	✔	x	51	x	✔	Copy Trading	x	x	50% \| 100%	⬤ Low
eForex Markets	200 $					200 $	400	0.01	1.3 ≈	0 $						10000 $	100	1	0.2 ≈	10 $											ECN-style pricing*	STP	A-book	Market	BVI BVI	2010	FSC	None	x	MT5, MT5 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, Bitcoin	USD	x	x	x	42	x	✔	x	MAM	x	50% \| 100%	⬤ Low
EKOLFX	100 $															100 $	500	0.01	3 ≈	10 $											ECN marketing*	STP	A-book	Market	SVG SVG	2021	Not regulated	US, Germany, Cyprus, Turkey	IFMRRC	MT4, MT4 WebTerminal	0 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, Skrill, WebMoney, PAYEER, UldPay, Papara, Payoneer, CPGCode, Bitcoin, Ethereum, Litecoin, BitMoney, Ascoin, Reddcoin, Dash, Unkcoin, Zcash, RocketPay, Western Union	USD	x	x	x	53	39	✔	x	x	x	\|	⬤ Lowest
EnclaveFX	10 $					500 $	500	0.01	1.8 ≈	0 $						2500 $	500		0 ≈	10 $	10 $	500	0.01	2 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	UK UK	2018	Not regulated	None	x	MT5, MT5 WebTerminal			✔	x	✔	Bank Wire, India Cash, Bitcoin	USD	✔	x	x	35	8	✔	x	x	x	\|	⬤ Low
Equiti	500 $										500 $	500	0.01	1.6 ≈	0 $	20000 $	500	0.01	0.2 ≈	7 $											ECN-style pricing*	DMA	A-book	Market	Jordan Jordan	2017	SC	US, Belgium, Canada, Singapore	Insurance	MT4, MT4 WebTerminal	40 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill	USD, EUR, GBP, AED	✔	x	x	62	x	✔	x	x	x	30% \| 100%	⬤ Average
Esperio	1 $										1 $	1000	0.01	0 ≈	7 $	1 $	500	0.01	0.2 ≈	7 $	1 $	1000	0.01	0 ≈	10 $						ECN marketing*	DMA	A-book	Market	SVG SVG	2012	Not regulated	None	x	MT4, MT5	100 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Tether, Piastrix, MNP, FasaPay, HWGC, Paytrust, PayToday, SEPA Transfer	USD, EUR	✔	x	x	x	87	✔	x	x	x	20% \| 60%	⬤ Low
Ester Holdings	1000 $															1000 $		0.1	0 ≈	10 $											ECN-style pricing*		A-book	Market	Vanuatu Vanuatu	2018	VFSC	US, Canada, Turkey, Japan, UK	x	MT4		Yes	✔	x	✔	Bank Wire	USD	x	✔	x	78	18	x	x	x	✔	10% \|	⬤ Low
EXCO	50 $					50 $	500	0.01	1 ≈	0 $						100 $	500	0.01	0.5 ≈	4 $											ECN marketing*	MM, STP marketing	A+B book	Market	SVG SVG	2021	Not regulated	None	x	MT4		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Tether, Ethereum, Litecoin, Payment Asia, DusuPay	USD	x	✔	x	37	4	x	x	PAMM	x	30% \|	⬤ Low
Fair Forex	50 $										50 $	500	0.01	0 ≈	6 $	10000 $	500	0.1	0 ≈	5 $	50 $	500	0.01	0.8 ≈	0 $						ECN	DMA	A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4, MT5, cTrader	50 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Paypal, Bitcoin, Zelle, Cash App	USD	✔	x	x	28	12	✔	x	MAM	x	70% \| 100%	⬤ Low
FBS	5 $					100 $	3000	0.01	0.5 ≈	0 $						1000 $	500	0.1	0 ≈	12 $	5 $	3000	0.1	3 🔒	0 $	1 $	5	0.01	1 ≈	0.1 $	ECN-style pricing*	STP, DMA	A-book	Market	Belize Belize	2009	FSC	Japan, US, Canada, UK, Myanmar, Brazil, Malaysia, Israel, Iran	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, FBS Trader	30 ms	Yes	✔	✔	✔	Bank Wire, Neteller, STICPAY, Skrill, Bitwallet, Tether	USD, EUR, USDT	✔	✔	x	37	113	✔	CopyTrade	x	✔	20% \| 40%	⬤ High
Fidelis Capital Markets	10 $					50 $	400	0.01	1.6 ≈	0 $						100 $	400	0.01	0 ≈	6 $	10 $	400	0.01	2.1 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2011	Not regulated	US, Canada	x	MT4, MT5	100 ms	Yes	✔	x	✔	Bank Wire, Skrill, Neteller	USD, EUR	✔	✔	x	46	x	✔	Copy Trading	PAMM	✔	50% \| 100%	⬤ Low
Fine Capitals	10 $					100 $	1000		1.2 ≈	0 $						1000 $	500		0.1 ≈		10 $	300		2.1 ≈	0 $						ECN marketing*	STP	A-book	Market	UK UK	2010	Not regulated	None	x	MT4			✔	x	✔	Bank Wire	USD	x	x	x	x	x	x	x	x	x	\|	⬤ Lowest
FINQ	100 $ 100 $			1.9 ≈	0 $											1000 $			0.8 ≈	16 $											ECN marketing*	MM, STP	A+B book, A-book	Market	Seychelles Seychelles	2021	FSA	US, 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, Ireland	x	MT4, MT4 WebTerminal		No	✔	x	✔	Bank Wire	USD, EUR, GBP	x	✔	x	55	4	x	x	x	x	50% \|	⬤ High
Forex.ee	50 $					50 $	500	0.01	0.5 ≈	0 $						200 $	500	0.01	0 ≈	7 $						10 $	3	0.01	0 ≈	1 $	ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2004	Not regulated	US	x	MT4, MT4 WebTerminal	2 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether	USD, EUR, RUB, JPY, AUD, BTC, LTC, MBT	x	x	✔	x	45	✔	x	PAMM	x	30%, 50% \| 50%, 100%	⬤ Low
ForexMart	1 $ 1 $	500	0.0001	0 🔒	4 $											15 $	500	0.01	1 ≈	0 $	15 $	500	0.01	1.2 ≈	0 $						ECN marketing*	MM, DMA	A+B book, A-book	Instant, Market	SVG SVG	2015	Not regulated	None	x	MT4, MT4 WebTerminal	0 ms	No	✔	x	✔	Bank Wire, Skrill, Neteller, Klarna, B2BinPay	USD, EUR, CZK	✔	✔	✔	x	19	✔	x	x	✔	10% \| 30%	⬤ Low
ForexVox	1 $					1 $	500	0.01	1 ≈	0 $						1 $	500	0.01	0 ≈	7 $											ECN-style pricing*	STP, DMA	A-book	Market	UK UK	2019	FCA	US	UK Financial Services Compensation Scheme (FSCS)	MT4, MT4 WebTerminal	24 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Alipay, China UnionPay, Trustly, Boleto, Rapid Transfer, Remessa Online	USD, EUR, GBP	✔	✔	x	75	x	✔	x	MAM	✔	50% \| 100%	⬤ Low
Fortune Prime Global	50 $					50 $	500	0.01								200 $	500	0.01	0 ≈	7 $											ECN-style pricing*	MM, STP, DMA	A+B book, A-book	Market	Australia Australia	2011	ASIC	None	x	MT5	0.01 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer, Tether	AUD	✔	✔	x	68	8	x	x	MAM, PAMM	x	50% \| 100%	⬤ Lowest
Fortune Prime Global Limited	100 $ 100 $	500	0.01	1.3 ≈	0 $											200 $	500	0.01	0 ≈	7 $											ECN-style pricing*	MM, DMA	A+B book, A-book	Market	Vanuatu Vanuatu	2011	VFSC	None	x	MT4, MT4 WebTerminal	0.01 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer, Tether, China UnionPay, Dragonpay, Help2Pay, Payment Asia	USD, EUR	✔	x	x	68	15	x	Copy Trade	x	x	50% \| 100%	⬤ Low
FreshForex	1 $					1 $	1000	0.01	0.9 ≈	0 $						1 $	1000	0.01	0 ≈	6 $	1 $	2000	0.01	2 🔒	0 $						ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2004	Not regulated	None	x	MT4, MT4 WebTerminal, MT5	50 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney, FasaPay, Skrill, Neteller, Bitcoin, OnlineNaira, Local Transfer Malaysia, M-Pesa, ADVCash, EazzyPay, Airtel Money, Perfect Money, Bitcoin Cash, Litecoin, Tether, Ethereum, Ripple, DAI, Zcash, USD Coin, TrueUSD	USD, EUR, RUB, BTC	✔	x	x	52	17	✔	x	x	✔	40%, 60% \| 100%	⬤ Average
Fx Winning	1000 $ 1000 $	100	0.01	3.2 ≈	3 $											1000 $	100	0.01	0 ≈	10 $											ECN-style pricing*	MM, DMA	A+B book, A-book	Market	SVG SVG	2020	Not regulated	None	x	MT4, MT5		Yes	✔	x	✔	Bank Wire	USD	✔	✔	x	x	x	x	Copy Trading	MAM	x	30% \| 100%	⬤ Low
FXCC	1 $															1 $	500	0.01	0 ≈	0 $											ECN marketing*	STP	A-book	Market	Cyprus Cyprus	2010	CySEC	US	Cyprus Investor Compensation Fund (ICF)	MT4	80 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay, PSE, Efecty, Pago Facil, PagoEfectivo, Rapipago, Webpay, OXXO, Boleto, Santander, Klarna, Rapid Transfer	USD, EUR, GBP	✔	✔	x	71	8	✔	x	MAM	✔	50% \| 100%	⬤ Average
Fxcess	10 $ 10 $	1000	0.01	0.5 🔒	0 $											10 $	500	0.01	0 ≈	4.5 $											ECN marketing*	MM, DMA	A+B book, A-book	Instant, Market	Bermuda Bermuda	2020	Not regulated	None	x	MT4	60 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card	EUR, GBP, JPY, USD, NGN, IDR	✔	✔	x	77	x	✔	Mirror Trader	PAMM	x	50% \| 100%	⬤ Low
FxCitizen	10 $					10 $	1000	0.01	2 ≈	0 $						100 $	200	0.01	1.6 ≈	6 $	10 $	1000	0.01	2 🔒	0 $						ECN marketing*	STP	A-book	Market	Seychelles Seychelles	2010	Not regulated	US, 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, Ireland	x	MT5	100 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Ethereum, Tether, Skrill, Neteller, Perfect Money	USD	✔	✔	x	39	x	✔	x	x	x	30% \|	⬤ Low
FXDD	1 $ 1 $	30	0.01	1.9 ≈	0 $											1 $	30	0.01	0.2 ≈	5.98 $											ECN-style pricing*	MM, STP	A+B book	Market	Malta Malta	2002	MFSA	None	Investor Compensation Scheme (Malta)	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, WebTrader	1 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, China UnionPay	USD	✔	✔	x	42	6	x	ZuluTrade	x	✔	50% \| 50%	⬤ Average
FXGiants	50 $ 50 $	1000	0.01	1 ≈	0 $											500 $	200	0.01	0 ≈	7.5 $	50 $	1000	0.01	1.2 🔒	0 $						ECN marketing*	MM, DMA	A+B book, A-book	Market	Bermuda Bermuda	2015	Not regulated	None	x	MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitwallet, Bitcoin, China UnionPay	USD, EUR, AUD, JPY, CHF, PLN, HUF, CZK	✔	✔	x	84	x	x	AutoTrade	PAMM	✔	50% \|	⬤ Average
FXGlobe	250 $					250 $	300	0.01	0.07 ≈	0 $						2000 $	300	0.01	0 ≈	8 $											ECN-style pricing*	STP, DMA	A-book	Market	Cyprus Cyprus	2016	CySEC	US	Cyprus Investor Compensation Fund (ICF)	MT4, MT4 WebTerminal	6 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD, EUR, GBP, PLN	✔	✔	x	52	2	✔	x	MAM	x	50% \| 100%	⬤ Low
FXGT	5 $					5 $	1000	0.01	10 ≈	0 $						5 $	1000	0.01	0 ≈	6 $	5 $	1000	0.001	10 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	Seychelles Seychelles	2020	FSA	None	x	MT5, MT5 WebTerminal	120 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Bitwallet, STICPAY	USD, EUR, JPY	✔	✔	x	54	x	✔	x	x	✔	40% \| 70%	⬤ High
FXOpen	1 $					10 $	30	0.01	1.2 ≈	0 $						100 $	30	0.01	0.2 ≈	3 $	1 $	500	0.001	1.2 ≈	0 $	10 $	3	0.01	1.2 ≈	1 $	ECN-style pricing*	MM, STP, DMA	A+B book, A-book	Market	Nevis Nevis	2005	Not regulated	US	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, TickTrader	1 ms	Yes, unlimited	✔	✔	✔	Bank 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, AstroPay	USD, EUR, GBP, CHF, JPY, AUD, CAD, RUB, SGD, XAU, BTC, ETC, BTC, LTC	✔	✔	✔	x	39	✔	ZuluTrade, Myfxbook AutoTrade	PAMM	✔	50% \| 100%	⬤ High
FXOpen UK	300 $					300 $	30	0.01	1.2 ≈	0 $						300 $	30	0.01	0 ≈	3 $											ECN-style pricing*	STP, DMA	A-book	Market	UK UK	2005	FCA	US	UK Financial Services Compensation Scheme (FSCS)	MT4, MT4 WebTerminal, MT5	1 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, WebMoney, Trustly	USD, EUR, GBP	✔	✔	✔	x	39	x	x	x	✔	50% \| 100%	⬤ High
FXPace	2500 $ 100 $	500	0.01	1.6 🔒	0 $	100 $	500	0.01	1.7 ≈	0 $						25000 $	200	0.01	0 ≈												ECN marketing*	MM, STP	B-book, A-book	Instant, Market	Bermuda Bermuda	2021	Not regulated	None	x	MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire	EUR, USD, CZK, IRX, BTC	✔	✔	x	83	x	x	x	PAMM	x	\|	⬤ Low
FxPlayer	50 $					50 $	100	0.01	0.4 ≈	12 $						5000 $	200	0.01	0.4 ≈	8 $	50 $	100	0.01	0.4 ≈	12 $						ECN marketing*	STP	A-book	Market	Marshall Isl. Marshall Isl.	2014	Not regulated	US, 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, Ireland	x	MT4, UniTrader, Currenex, ActTrader, FxPlayer Trader	1000 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, PayPal, Paysafecard, Bitcoin	USD	✔	x	x	38	x	x	x	x	x	45%, 40% \| 45%, 40%	⬤ Low
FXPRIMUS	500 $ 500 $	30	0.01	0.1 ≈	0 $											2500 $	30	0.01	0.1 ≈	10 $											ECN marketing*	MM	A+B book, A-book	Market	Cyprus Cyprus	2009	CySEC	None	Cyprus Investor Compensation Fund (ICF), Renaissance Insurance Brokers	MT4, MT4 WebTerminal	400 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, EcoPayz, Local Transfer Malaysia, Local Transfer Indonesia, Local Transfer Vietnam, Local Transfer Thailand, Bitcoin, China UnionPay	USD, EUR, GBP, SGD, PLN	✔	✔	x	x	x	✔	x	PAMM	✔	30% \| 30%	⬤ Average
FXQM	10 $					10 $	3000	0.01	1 ≈	0 $						100 $	500	0.01	0 ≈	8 $											ECN marketing*	STP	A-book	Market	Seychelles Seychelles	2020	FSA	None	x	MT4	0.14 ms	No	x	x	✔	Bank Wire	USD	✔	✔	x	62	x	✔	x	x	x	30% \| 50%	⬤ Low
FXTM	100 $ 100 $	1000	0.01	1.3 ≈	0 $											500 $	2000	0.01	0.1 ≈	4 $	100 $	2000	0.01	1.3 ≈	0 $						ECN marketing*	MM, STP	A+B book, A-book	Instant, Market	Mauritius Mauritius	2011	FSC	None	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	200 ms	No, yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, FasaPay, Local Transfer, Baokim, GlobePay, Neteller, Skrill, DusuPay, WebMoney, Alfa-Bank, DIXIPAY, CASHU, Yandex.Money, QIWI, Perfect Money	USD, EUR, GBP, NGN	✔	✔	x	62	3	✔	Copy Trading	x	✔	20%, 50% \| 40%, 80%	⬤ High
FXTRADING	200 $ 200 $	400	0.01	1 ≈	0 $											1000 $	500	0.01	0 ≈	7 $											ECN-style pricing*	MM, DMA	A+B book, A-book	Market	Vanuatu Vanuatu	2014	VFSC	None	x	MT4, MT4 WebTerminal	80 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, POLi, Skrill, Neteller	USD, EUR, GBP, AUD, NZD, SGD, CAD	✔	x	x	44	2	x	Copy Trading	MAM, PAMM	✔	50% \| 80%	⬤ Low
Fxview	5 €															5 €	500	0.01	0 ≈	2 $											ECN-style pricing*	DMA	A-book	Market	Cyprus Cyprus	2018	CySEC	US	Cyprus Investor Compensation Fund (ICF)	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, ActTrader, Autochartist	15 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Klarna, Giropay, Przelewy24, Nordea, Rapid Transfer	USD, EUR, GBP	✔	✔	x	x	x	x	x	x	✔	50% \| 70%	⬤ Average
GANNMarkets	100 $ 100 $	400	0.1	0.7 ≈	0 $											500 $	200	0.01	0.7 ≈	7 $											ECN marketing*	MM, STP	A+B book	Instant, Market	SVG SVG	2018	Not regulated	US, Turkey, UAE	x	MT4, MT5		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, WeChat, QIWI, WebMoney, OVO, Advanced Cash, Skrill, Alipay, CASHU, Pago Facil, Boleto, Paysafe, SafetyPay, Baloto, Rapi Pago, Efecty, Cash, POLi, Santander	USD, EUR, GBP	x	x	x	x	9	✔	x	x	x	20% \| 100%	⬤ Lowest
GCI	500 $ 500 $	400	0.1	1 ≈	0 $											500 $	400	0.01	1.7 ≈	0 $											ECN marketing*	MM, STP	A+B book, A-book	Market	SVG SVG	2002	Not regulated	None	x	ActTrader, MT4		Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money	USD, EUR	✔	✔	x	x	x	x	x	MAM	x	\| 100%	⬤ Low
GIC Markets	20 $ 20 $	400	0.01	1.5 ≈	0 $	100 $	400	0.01	1.2 ≈	0 $						500 $	400	0.01	0.4 ≈	7 $											ECN-style pricing*	MM, STP	A-book	Market	SVG SVG	2016	Not regulated	None	x	MT4		No	✔	x	✔	Bank Wire, Skrill, Neteller, Credit Card, Debit Card	USD, EUR, GBP	✔	x	x	53	x	✔	Social Trading	MAM, PAMM	✔	30% \| 100%	⬤ Low
GKFX Prime	1 $ 1 $	1000	0.01	1.8 🔒	0 $											1 $	1000	0.01	0 ≈	20 $											ECN marketing*	MM, DMA	A+B book, A-book	Instant, Market	BVI BVI	2012	FSC	US	Insurance	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	100 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD, EUR, GBP	✔	✔	x	47	5	✔	ZuluTrade	MAM, PAMM	✔	20% \| 100%	⬤ Low
Global Prime	200 $															200 $	200	0.01	0 ≈	7 $											ECN-style pricing*	DMA	A-book	Market	Australia Australia	2011	ASIC	None	x	MT4, MT4 WebTerminal	1 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, POLi, Neteller, BPAY, FasaPay, Dragonpay, ZotaPay	USD, AUD, EUR, GBP, SGD, CAD	✔	x	x	49	5	x	Myfxbook AutoTrade, ZuluTrade	MAM, PAMM	✔	100% \| 120%	⬤ Average
GMI	25 $ 15 $	2000	1		0 $											100 $	500	1	0 ≈	4 $	15 $	1000	0.01		0 $						ECN marketing*	MM, STP	A+B book, A-book	Market	SVG SVG	2009	Not regulated	None	x	MT4, MT4 WebTerminal, GMI Edge		Yes	✔	x	✔	Bank Wire, Local Transfer, Neteller, Skrill	USD	x	x	x	x	x	✔	Social Trading Edge	MAM	x	\|	⬤ Average
Grand Capital	100 $ 10 $	500	0.01	1 ≈	0 $	100 $	100	0.01	0.4 ≈	10 $						500 $	100	0.01	0.4 ≈	10 $	10 $	500	0.01	1 ≈	0 $	100 $	5				ECN-style pricing*	MM, STP	A+B book, A-book	Market	SVG SVG	2006	Not regulated	US, Japan	Financialcommission.org	MT4, MT4 WebTerminal, MT5	1000 ms	Yes	✔	✔	✔	Bank Wire, Ecommpay, FasaPay, Mobile, Neteller, PAYEER, Payza, Perfect Money, RBK.money, RPCard, VLoad, WebMoney, Yandex.Money, Help2Pay	USD, CHF, EUR, GBP, JPY, RUB	x	✔	x	49	68	✔	x	LAMM, RAMM	x	40%, 80% \| 100%	⬤ Average
GreenWaveX	50 $ 50 $	500	0.01	1.2 🔒	0 $											100000 $	500	0.01	0.1 ≈												ECN marketing*	MM	A+B book	Instant, Market	Mauritius Mauritius	2022	FSC	None	x	MT4, MT4 WebTerminal, XCritical Online		No	✔	x	✔	Credit Card, Debit Card, Neteller	USD	x	x	x	65	x	✔	Copy Trading	x	x	50% \| 100%	⬤ Low
Hankotrade	10 $					10 $	500	0.01	0.7 ≈	0 $						1000 $	500	0.01	0 ≈	2 $											ECN marketing*	STP, DMA	A-book	Market	Seychelles Seychelles	2018	Not regulated	Turkey, UK	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal		Yes, unlimited	✔	✔	✔	Bitcoin, Litecoin, Ethereum	USD, EUR, CAD	x	✔	x	x	3	✔	x	MAM, PAMM	✔	50% \| 70%	⬤ Average
HAST FOREX	1 $															10000 $	400	0.01		2 $	1 $	400	0.01		0 $						ECN marketing*	MM, DMA	A-book	Market	SVG SVG	2021	Not regulated	Japan, US, Iran	x	MT4		Yes	✔	x	✔	Bank Wire	USD, JPY	x	✔	x	x	x	x	x	x	x	50% \|	⬤ Low
Hextra Prime	10 $															10 $	5000	0.01	0.1 ≈	20 $											ECN marketing*	DMA	A-book	Market	SVG SVG	2020	Not regulated	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, Ireland, Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan, Ukraine, US, UAE	x	MT4	3 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin	USD	x	✔	x	47	14	✔	CopyTrade	x	x	30% \| 50%	⬤ Low
HonorFX	100 $					100 $	500	0.01	1.2 ≈	0 $						10000 $	500	0.01	0.2 ≈												ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2018	Not regulated	US, Japan, Canada (BC), Canada (Quebec), Mauritius	x	MT5		Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Tether, Neteller, Skrill, FasaPay, Paytrust, Ecommpay, MoMo, AstroPay, GBPay, BitPay, Perfect Money	USD	x	✔	✔	x	8	✔	x	x	✔	30% \| 50%	⬤ Average
House Of Borse	1 $															1 $	100	0.01	0.1 ≈	7 $											ECN-style pricing*	DMA	A-book	Market	UK UK	2014	FCA	US	UK Financial Services Compensation Scheme (FSCS)	MT5, MT5 WebTerminal	50 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card	USD, EUR, GBP	✔	x	x	63	4	✔	x	MAM	x	100% \| 125%	⬤ Low
Hugos Way	10 $															10 $	500	0.01	0.8 ≈	0 $											ECN marketing*	STP	A-book	Market	SVG SVG	2019	Not regulated	None	x	MT4, MT4 WebTerminal	300 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, VLoad	USD	✔	x	x	55	38	x	x	MAM, PAMM	x	70% \| 100%	⬤ High
ICM Capital	200 $ 200 $	30	0.01	1.3 ≈	0 $											200 $	30	0.01	0 ≈	7 $											ECN-style pricing*	MM, DMA	A+B book, A-book	Market	UK UK	2011	FCA	US	UK Financial Services Compensation Scheme (FSCS), Civil Liability Insurance Programme	MT4	13 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD, EUR, GBP, SGD	✔	✔	x	34	x	✔	x	x	✔	50% \| 100%	⬤ Low
INFINOX	1 $					1 $	500	0.01	1 ≈	0 $						100 $	500	0.01	0.2 ≈	15 $											ECN marketing*	STP	A-book	Market	Bahamas Bahamas	2009	SCB	US	Insurance	MT4, MT4 WebTerminal, MT5, Autochartist	1000 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card	USD, EUR, GBP, AUD	✔	x	x	x	x	✔	IX Social	MAM	✔	50% \| 80%	⬤ Average
INGOT Brokers	100 $ 100 $	500	0.01	1 ≈	0 $											100 $	200	0.01	0 ≈	7 $											ECN marketing*	MM	A+B book	Market	SVG SVG	2006	Not regulated	US	x	MT4, MT5	2000 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Ethereum,	USD	✔	✔	x	27	x	✔	x	x	x	25% \| 25%	⬤ Average
Inveslo	100 $ 100 $	2000	0.01	2.1 🔒	0 $	250 $	2000	0.01	1.9 ≈	0 $						500 $	2000	0.01	0.1 ≈	6 $											ECN marketing*	MM, STP	B-book, A-book	Instant, Market	KazakhstanKazakhstan	2020	MNE Kazakhstan	None	Financialcommission.org	MT4	120 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Ethereum, Ripple, VPay	USD, EUR	✔	✔	x	62	19	✔	Copy Trading	x	x	50% \| 80%	⬤ Lowest
Investizo	10 $					10 $	1000	0.01	1 ≈	0 $						10 $	1000	0.01	0.1 ≈	5 $											ECN-style pricing*	STP	A-book	Market	SVG SVG	2019	Not regulated	Canada, Japan, US	x	MT4	0.1 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, ADVCash, Binance USD, Bitcoin, Ethereum, Litecoin, Tether, Perfect Money	USD	x	x	x	54	36	✔	Copy Trading	MAM	x	40% \| 60%	⬤ Low
IronFX	500 $ 1 $	1000	0.01	1.6 ≈	0 $	500 $	200	0.01	1.7 ≈	0 $						500 $	200	0.01	0.3 ≈	13.5 $	100 $	1000	0.01	1.8 ≈	0 $						ECN-style pricing*	MM, STP	A+B book, A-book	Market	Bermuda Bermuda	2010	Not regulated	None	x	MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, Dotpay	USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, HUF, CZK	✔	✔	x	83	x	✔	TradeCopier	PAMM	✔	50%, 20% \| 40%	⬤ Average
IV Markets	10 $					10 $	500	0.01	1.2 ≈	0 $						10 $	500	0.01	0.02 ≈	0 $											ECN marketing*	MM, STP marketing	A+B book	Market	SVG SVG	2019	Not regulated	US, Canada, Hong Kong	x	MT4, MT4 WebTerminal		No	✔	x	✔	Bank Wire, Credit Card, Debit Card	USD	✔	x	x	35	16	x	Social Trading	x	x	50% \| 80%	⬤ Average
JP Markets	1 zar					1 zar	200	0.01	2 ≈	0 $						10 zar	200	0.01	2 ≈	10 $											ECN-style pricing*	STP	A-book	Market	South Africa South Africa	2016	FSCA	None	x	MT4		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, IPay, PayFast	USD, GBP, ZAR	✔	✔	x	x	x	x	x	x	x	30% \| 50%	⬤ Low
Juno Markets	100 $					100 $	500	0.01	2 ≈	0 $						1000 $	200	0.01	0 ≈	8 $											ECN marketing*	STP, DMA	A-book	Market	Vanuatu Vanuatu	2014	VFSC	US, Hong Kong	x	MT4, Juno Auto Trader	200 ms	Yes	✔	x	✔	Bank Wire, Skrill, Neteller, Alipay, China UnionPay, FasaPay, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Philippines, Local Transfer Vietnam, Local Transfer Indonesia, Bitcoin, Ethereum, Tether, USD Coin, NganLuong	USD, EUR, AUD	✔	x	x	75	3	x	x	MAM, PAMM	x	50% \| 100%	⬤ Low
Just2Trade	100 $					100 $	500	0.01	0.5 ≈	0 $	100 $	500	0.01	0 ≈	2 $	200 $	500	0.01	0 ≈	0 $											ECN-style pricing*	STP, DMA	A-book	Market	Cyprus Cyprus	2015	CySEC	US	Cyprus Investor Compensation Fund (ICF)	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	50 ms	Yes, ues	✔	x	✔	Bank 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, Trustly	USD, EUR, RUB	✔	✔	x	64	16	x	x	x	x	50% \| 100%	⬤ Average
Kaje Forex	250 $					250 $	400	0.01	1 ≈	0 $						10000 $	400		0 ≈												ECN marketing*	STP	A-book	Market	Marshall Isl. Marshall Isl.	2016	Not regulated	None	x	MT4		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin	USD	x	✔	x	x	4	x	x	x	x	\|	⬤ Lowest
Key to Markets	100 $					100 $	500	0.01	1 ≈	0 $						100 $	500	0.01	0 ≈	8 $											ECN marketing*	STP, DMA	A-book	Market	Mauritius Mauritius	2010	FSC	None	x	MT4	380 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, STICPAY, Alipay, China UnionPay, SEPA Transfer	USD, EUR	✔	x	x	65	7	x	Myfxbook AutoTrade	PAMM	✔	100% \| 120%	⬤ Average
Kitco Markets	200 $ 200 $	500	0.01	0.1 ≈	0 $											200 $	500	0.01	0 ≈	5 $											ECN-style pricing*	MM, STP	A+B book, A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4, WebTrader	10 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, PayPal	USD, EUR, GBP, AUD	✔	✔	✔	65	x	x	Myfxbook AutoTrade	MAM, PAMM	x	\|	⬤ Lowest
Kridex	50 $					50 $	500	0.01	1.4 ≈	0 $	5000 $	500	0.01	0 ≈	7 $	250 $	500	0.01	0 ≈	10 $											ECN marketing*	STP, DMA	A-book	Market	Seychelles Seychelles	2018	FSA	US	x	MT4	6 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Perfect Money, FasaPay, Bitcoin, Ethereum, Tether	USD	✔	✔	x	57	x	x	x	yes	✔	50%, 80% \| 100%	⬤ Low
Land-FX	300 $					300 $	500	0.01	0.8 ≈	0 $						2000 $	200	0.01	0 ≈	7 $											ECN-style pricing*	STP	A-book	Market	SVG SVG	2012	Not regulated	None	x	MT4, MT5	35 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, STICPAY, Skrill, Neteller	USD, EUR, JPY	✔	x	x	67	x	✔	ZuluTrade	MAM	x	30% \| 50%	⬤ High
LCG	1 $ 1 $	500	0.01	1 ≈	0 $											10000 $	200	0.01	0 ≈	4.5 $											ECN marketing*	MM, DMA	B-book, A-book	Market	Cayman Isl. Cayman Isl.	1996	CIMA, SCB, CySEC, FCA	US, Australia, Belgium, Canada, New Zealand, Singapore	x	LCGTrader, MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay	USD	✔	x	✔	61	45	✔	x	MAM	x	\|	⬤ Average
LidyaFX	300 $															300 $	200	0.01	1 ≈	0 $											ECN-style pricing*	STP	A-book	Market	SVG SVG	2019	Not regulated	None	x	MT5	100 ms	No	x	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney, Perfect Money, Bitcoin	USD, EUR	✔	x	x	x	x	✔	x	x	x	\|	⬤ Low
Lion Brokers	200 $															200 $	400	1	1.2 ≈	0 $											ECN marketing*	STP	A-book	Market	ChinaChina	2015	CMS	None	x	MT4, MT5		No	✔	x	✔	Bank Wire	USD	x	x	x	x	x	x	x	x	x	\|	⬤ Lowest
LIRUNEX	25 $					25 $	500	0.01	2 ≈	0 $						200 $	500	0.01	0 ≈	12 $											ECN marketing*	STP	A-book	Market	Labuan, CyprusLabuan, Cyprus	2017	LFSA, CySEC	None	Cyprus Investor Compensation Fund (ICF)	MT4		Yes	✔	x	✔	Bank Wire	USD	✔	✔	x	x	6	✔	ZuluTrade, Chills Trading	MAM, PAMM	✔	25% \| 50%	⬤ Average
LiteFinance	50 $ 50 $	500	0.01	1.8 ≈	0 $											50 $	500	0.01	0 ≈	10 $											ECN marketing*	MM, STP	A+B book, A-book	Market	SVG SVG	2005	Not regulated	US, Israel, Japan, Russia	x	MT4, MT5		No, yes, unlimited	✔	x	✔	Bank 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, Monero	USD, EUR, MBT, GBP, PLN	✔	✔	x	56	16	✔	Social Trading	MAM	✔	20% \| 100%	⬤ High
LiteForex	50 $ 50 $	30	0.01	2 ≈	0 $											50 $	30	0.01	0 ≈	10 $											ECN marketing*	MM, STP	A+B book, A-book	Market	Cyprus Cyprus	2008	CySEC	None	Cyprus Investor Compensation Fund (ICF)	MT4, MT5		No, yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Skrill	USD, EUR, GBP, PLN	✔	✔	x	56	16	✔	Social Trading	MAM	✔	50% \| 100%	⬤ Average
LMAX	10000 $															10000 $	100	0.1	0 ≈	5 $											ECN		A-book	Market	UK UK	2009	FCA	US, Canada, Singapore, Australia	UK Financial Services Compensation Scheme (FSCS)	LMAX	85 ms	Yes	✔	✔	✔	Bank Wire	USD	✔	✔	x	x	5	x	x	x	x	70% \| 100%	⬤ Average
LQDFX	20 $					500 $	300	0.01	0.7 ≈	0 $						500 $	300	0.01	0.1 ≈	7 $	20 $	500	0.01	1 ≈	0 $						ECN marketing*	STP	A-book	Market	Marshall Isl. Marshall Isl.	2015	Not regulated	None	x	MT4		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, FasaPay, UPayCard, VLoad	USD	✔	✔	x	71	x	✔	x	PAMM	✔	20% \| 50%	⬤ High
Market Equity	100 $															100 $	500	0.01	0 ≈	8 $	100 $	500	0.01	1.4 ≈	0 $						ECN marketing*	DMA	A-book	Market	Vanuatu Vanuatu	2017	VFSC, FMA	None	x	MT5, MT5 WebTerminal	200 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, China UnionPay, Skrill, Neteller, STICPAY, FasaPay	USD	✔	✔	x	x	x	✔	x	MAM	x	20% \| 100%	⬤ Low
MeeFX	5 $					50 $	1000	0.01	1 ≈	0 $						1000 $	500	0.1	0.8 ≈	7 $	5 $	2000	0.01	3 ≈	0 $						ECN marketing*	STP	A-book	Market	UK UK	2020	Not regulated	UAE	x	MT4, MT4 WebTerminal		Yes	✔	x	✔	Bank Wire, Tether, QRIS, Neteller	USD	x	✔	x	x	x	✔	x	x	x	20% \| 30%	⬤ Low
METFX	50 $					50 $	100	0.01	0.8 ≈	6 $						200 $	100	0.01	0 ≈	4 $											ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2009	Not regulated	None	x	MT5		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, STICPAY, Bitcoin, Ethereum, Tether	USD, EUR, GBP	✔	✔	x	x	85	✔	Copy Trading	MAM, PAMM	x	80% \| 100%	⬤ Low
MEX Exchange	1 $					1 $	500	0.01	0.5 ≈	0 $						1 $	500	0.01	0 ≈	7 $											ECN-style pricing*	STP, DMA	A-book	Market	Australia Australia	2012	ASIC	US	x	MT4, MT4 WebTerminal	1 ms	No	x	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD	✔	x	x	36	x	x	x	MAM, PAMM	✔	20% \| 50%	⬤ Low
MFM Securities	15 $					25 $	500	1	0 ≈	0 $						100 $	500	1	0 ≈	5 $	15 $	1000	0.1	0 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	Vanuatu Vanuatu	2019	VFSC	None	x	MT4, MT5	177 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Help2Pay, BerryPay	USD	x	✔	x	84	x	x	CopyTrade	MAM, PAMM	x	30% \| 50%	⬤ Low
Milliva	10 $					100 $	500	0.01	2 ≈	0 $						500 $	500	0.01	0 ≈	8 $	10 $	500	0.01	1 ≈	0 $						ECN marketing*	STP	A-book	Market	UK UK	2021	Not regulated	None	x	MT5		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Bitcoin	USD	✔	✔	x	43	x	✔	x	MAM	✔	30% \| 50%	⬤ Low
MogaFX	1000 $ 1000 $	500	0.01	2.5 ≈	0 $						10000 $	500	0.01	0 ≈	8 $	50000 $	500	0.01	0 ≈	8 $											ECN marketing*	MM, DMA	A+B book, A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4, MT5		Yes	✔	x	✔	Bank Wire, Perfect Money, FasaPay, Bitcoin, Tether, GCPay, STICPAY, Skrill, Neteller	USD	✔	✔	x	38	3	x	MOGA Trade Plus+	x	x	\|	⬤ Low
Moneta Markets	50 $					50 $	500	0.01	1.2 ≈	0 $						200 $	500	0.01	0 ≈	6 $											ECN-style pricing*	STP, DMA	A-book	Market	Vanuatu Vanuatu	2020	VFSC	None	x	MT4, MT5, WebTrader	250 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, STICPAY, Boleto, Bitcoin, FasaPay	USD, EUR, GBP, AUD, CAD, SGD, NZD, HKD, JPY	✔	✔	x	39	6	✔	DupliTrade	x	✔	50% \| 80%	⬤ Average
MplusFX	10 $					100 $	200		0.5 ≈	0 $						100 $	100		0.5 ≈	13.06 $	10 $	200	0.001	0.5 ≈	0 $						ECN marketing*	STP	A-book	Market	ThailandThailand	2017	Not regulated	None	x	MT4			✔	x	✔	Bank Wire	USD	x	x	x	x	x	x	Copy Trading	PAMM	x	\|	⬤ Low
MSMAX	1 $					1000 $	100	0.01	0.5 ≈	0 $						10000 $	100	0.01	0.5 ≈	20 $	1 $	500	0.01	0.5 ≈	0 $	500 $	5	0.01	2 ≈	0 $	ECN marketing*	STP	A-book	Market	SVG SVG	2021	Not regulated	None	x	MT4	300 ms	Yes	✔	x	✔	Paytrust, Perfect Money, Tether	USD	x	x	x	x	x	x	Masters Copy	x	x	10% \| 30%	⬤ Low
MTrading	100 $					100 $	1000	0.01	1 ≈	0 $						500 $	1000	0.01	0 ≈	8 $											ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2012	Not regulated	None	Financialcommission.org	MT4, MT4 WebTerminal, Autochartist		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Prepaid Card	USD, EUR, RUB, VND, THB	✔	✔	x	38	x	✔	CopyTrade	PAMM	x	30% \|	⬤ High
MultiBank Group	50 $															5000 $	500	0.01	0.1 ≈	6 $	50 $	500	0.01	1.5 ≈	0 $						ECN marketing*	STP	A-book	Market	BVI BVI	2005	FSC	US	x	MT4, MT4 WebTerminal, MT5	20 ms	No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, GlobePay, Payment Asia, ThunderXpay	USD, GBP, EUR, JPY, CHF, AUD, NZD, CAD	✔	✔	x	45	5	✔	Social Trading	MAM, PAMM	✔	50% \| 100%	⬤ High
Nash Markets	50 $					200 $	500	0.01	0.5 ≈	5 $	200 $	500	0.01	0 ≈	10 $						50 $	500	0.01	1.2 ≈	1 $	10 $	100	0.01	1.2 ≈	10 $	ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2020	Not regulated	None	x	MT4, MT5, MT5 WebTerminal	10 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Ethereum, Bitcoin, Litecoin, Ripple, Dogecoin, Tether, VLoad	USD	✔	x	x	x	23	x	x	x	x	70% \| 100%	⬤ Average
NimbleFX Markets	200 $															10000 $	400	0.01	0.6 ≈		200 $	500	0.01	2.4 ≈							ECN marketing*	DMA	A-book	Market	SVG SVG	2007	Not regulated	None	x	MT5			✔	x	✔	Credit Card, Debit Card, Skrill, Neteller, PayPal	USD	x	x	x	57	x	x	x	x	x	\| 40%	⬤ Low
NSFX	300 $ 300 $	50	0.01	3 🔒	0 $						3000 $	50	0.01	0 ≈	16 $	5000 $	50	0.01	0 ≈	8 $											ECN-style pricing*	MM, DMA	B-book, A-book	Instant, Market	Malta Malta	2012	MFSA	US	x	MT4, MT4 WebTerminal, JForex		No, yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD, EUR, GBP, CAD, JPY	✔	✔	x	28	x	✔	x	x	x	20%, 50% \| 50%, 20%	⬤ Average
OBOFX	1 $					1000 $	400	0.01	2 🔒	0 $						25000 $	200		0 ≈		1 $	1000	0.01	2 🔒	0 $						ECN marketing*	MM, STP	A-book	Instant, Market	SVG SVG	2010	Not regulated	US, Canada, Japan	x	MT4, MT5		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney, CASHU, FasaPay, Ukash, Skrill, Neteller	USD	✔	x	x	x	x	x	x	MAM	x	\| 100%	⬤ Low
OctaFX	100 $					100 $	500	0.01	0.2 ≈	0 $						100 $	500	0.01	0 ≈	6 $	100 $	500	0.01	0.4 ≈	0 $						ECN-style pricing*	STP, DMA	A-book	Market	SVG SVG	2011	Not regulated	US	x	MT5, MT5 WebTerminal	100 ms	Yes	✔	x	✔	Bitcoin, Skrill	USD, EUR	✔	✔	x	35	5	✔	Copy Trading	x	✔	30%, 15% \| 45%, 25%	⬤ High
OspreyFX	10 $															10 $	500	0.01	0.4 ≈	7 $						10 $	100	0.01	7 ≈	0.4 $	ECN marketing*	DMA	A-book	Market	SVG SVG	2019	Not regulated	None	x	MT4, MT4 WebTerminal	10 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, VLoad, Bitcoin	USD, EUR, GBP, CAD, AUD, BTC	✔	x	x	55	14	✔	x	x	x	70% \| 100%	⬤ High
OTX Forex	100 $ 100 $	500	0.01	1.5 ≈	0 $											1000 $	200	0.1	0 ≈	10 $	100 $	500	0.01	1.5 ≈	0 $						ECN marketing*	MM	B-book	Market	SVG SVG	2020	Not regulated	None	x	MT5, MT5 WebTerminal	0 ms	No	✔	x	✔	Bank Wire	USD	x	x	x	38	x	✔	x	MAM, PAMM	x	\|	⬤ Average
PFH Markets	50 $					50 $	500	0.01	1.6 ≈	0 $	5000 $	500	0.01	0.6 ≈	0 $																ECN-style pricing*	STP, DMA	A-book	Market	UK UK	2018	...	None	x	MT4	0.16 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Cad, Tether	USD	✔	✔	x	65	58	x	x	x	x	30% \| 100%	⬤ Lowest
Profiforex	1 $															5 $	500	0.01	0 ≈	6 $	1 $	500	0.01	0.1 ≈	3 $	1 $	500	0.01	3 ≈	0.1 $	ECN-style pricing*	STP	A-book	Market	Belize Belize	2010	Not regulated	None	x	MT4, Mobius Trader	200 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Perfect Money, WebMoney, QIWI, Yandex.Money, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stablecoin, China UnionPay, Dash	USD, AUD, BTC, BCH, CAD, CNY, DASH, ETH, EUR, GBP, JPY, LTC, XRM, NZD, RUB, CHF, UAH	✔	✔	x	49	6	✔	x	PAMM	x	60% \| 80%	⬤ Low
Purple Trading	100 $					100 $	30	0.01	1.3 ≈	0 $						100 $	30	0.01	0.3 ≈	10 $											ECN-style pricing*	STP	A-book	Market	Cyprus Cyprus	2007	CySEC	US, Belgium, Switzerland	Cyprus Investor Compensation Fund (ICF)	MT4, cTrader	40 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, SEPA Transfer, Skrill, Neteller	EUR, USD, CZK, GBP, PLN	✔	✔	x	49	x	x	Strategy Provider	x	x	50% \| 100%	⬤ Low
RannForex	1 $										1 $	100	0.01	0 ≈	4 $	1 $	500	0.01	0 ≈	4 $											ECN marketing*	DMA	A-book	Market	SVG SVG	2003	Not regulated	US	x	MT4, MT4 WebTerminal, MT5	200 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, ADVCash, TCPAY, Perfect Money, Tether, Bitcoin, WebMoney, Yandex.Money, QIWI	USD, EUR	x	x	x	x	x	x	x	PAMM	x	60% \| 100%	⬤ Low
RedstoneFX	1 $ 1 $	1000	0.01	1.3 ≈	0 $											10000 $	100	0.01	0 ≈	7 $	1 $	1000	0.01	1.7 ≈	0 $						ECN marketing*	MM, STP	A+B book	Market	SVG SVG	2023	Not regulated	None	x	MT4		Yes	✔	x	✔	Bank Wire,China UnionPay, WeChat, Alipay, Tether	USD	x	x	x	42	x	x	x	x	x	50%, 100% \| 100%	⬤ Lowest
Renesource Capital	10 $					500 $	100	0.01	0 ≈	0 $	1000 $	100	0.01	0 ≈	25 $	50000 $	40	0.1	0 ≈	25 $	10 $	100	0.01	0 ≈	0 $						ECN	STP, DMA	A-book	Market	Latvia Latvia	1998	FCMC	US	Investor Protection Law Latvia	MT4, Integral, Currenex	1 ms	Yes, unlimited	✔	✔	✔	Bank Wire	USD, EUR	✔	x	x	x	x	x	x	x	x	50%, 30% \| 100%, 50%	⬤ Low
RoboForex	10 $ 10 $	2000	0.1	1.3 ≈	0 $											10 $	500	0.01	0 ≈	4 $	10 $	2000	0.01	1.3 ≈	0 $						ECN marketing*	MM, DMA	A+B book	Market	Belize Belize	2009	FSC	None	Financialcommission.org	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader	400 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, 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, Servipag	USD, EUR, CNY, XAU	✔	✔	✔	36	4	✔	CopyFX	RAMM	✔	20%, 40% \| 60%	⬤ High
Samtrade FX	10 $					10 $	500	0.01	1.7 ≈	0 $						100000 $	200	0.01	1.7 ≈	0 $											ECN-style pricing*	STP	A-book	Market	SVG SVG	2019	Not regulated	None	Financialcommission.org, Falcon Insurance	MT4		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, China UnionPay	USD	✔	✔	x	32	19	✔	CopySam	x	x	50% \| 100%	⬤ Average
SaracenMarkets	2 $					10 $	2000	0.01	1.6 ≈	0 $						50 $	500	0.01	0 ≈	6 $	2 $	1000	0.01	1.6 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	SVG SVG	2022	Not regulated	None	x	MT4, MT4 WebTerminal	160 ms	Yes	✔	x	✔	Bank Wire, B2BinPay, Walaopay, PayTrust88, Neteller, Payment Asia, SurePay	USD	x	✔	x	64	5	✔	x	x	x	20%, 30% \| 50%	⬤ Average
Scandinavian Capital Markets	10000 $					10000 $	100	0.01	1.7 ≈	0 $	25000 $	100	0.01	0 ≈	10 $	250000 $	100	1	0 ≈	10 $											ECN	STP, DMA	A-book	Market	Sweden Sweden	2017	FI	None	x	MT4, cTrader, Currenex	10 ms	No	✔	✔	✔	Bank Wire	USD, EUR, GBP	✔	x	x	52	x	✔	x	MAM	x	80% \| 100%	⬤ Low
Seven Star FX	200 $					200 $	400	0.01	1 ≈	0 $						5000 $	300	0.1	0 ≈	10 $											ECN-style pricing*	STP, DMA	A-book	Market	SVG SVG	2004	Not regulated	None	x	MT4, MT4 WebTerminal	15 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, OKPAY, RegularPay	USD	✔	✔	x	36	x	✔	x	PAMM	x	50% \| 100%	⬤ Low
Solid ECN	5 $					10 $	1000	0.01	0.3 🔒	0 $						10 $	1000	0.01	0 ≈	1.5 $	5 $	1000	0.001	2 🔒	0 $						ECN-style pricing*	STP	A-book	Market	SVG SVG	2021	Not regulated	US, Turkey, 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, Ireland, Indonesia, Vietnam, Egypt, Palestine, Iraq, Iran, Syria, Yemen	x	MT5, WebTrader	200 ms	Yes	✔	✔	✔	Perfect Money, Tether, Bitcoin, Bitcoin Cash, DAI, Dogecoin, Ethereum, Litecoin, USD Coin, Binance USD, Ripple	USD, EUR, GBP, CAD, TRY, BTC	✔	✔	x	44	49	✔	x	x	✔	30% \| 100%	⬤ Low
SuperForex	1 $					1 $	1000	0.1	2 🔒	0 $						1 $	1000	1	0 ≈	0 $	1 $	1000	0.01	2 🔒	0 $						ECN-style pricing*	MM, STP	A+B book, A-book	Instant, Market	Belize Belize	2013	FSC	None	x	MT4	0 ms	Yes	✔	✔	✔	Bank 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 Iran	USD, EUR, GBP, RUB, ZAR, NGN, CNY, BDT, INR, THB	✔	✔	x	84	x	✔	ForexCopy	x	x	10% \| 30%	⬤ High
SvoFX	5 $					5 $	2000	0.01	1 ≈	0 $						100 $	100	0.01	0 ≈	4 $	5 $	100	0.01	1 ≈	0 $						ECN-style pricing*	STP	A-book	Market	SVG SVG	2014	Not regulated	None	x	MT4, Svo Trader	100 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Ethereum, Ripple, Tether	USD, USC	✔	x	✔	27	4	x	SVO Social Trade	x	x	20% \| 50%	⬤ Low
Swissmes	1 $ 1 $	1000	0.01	1.5 🔒	0 $											1 $	1000	0.01	0 ≈	10 $											ECN marketing*	MM, DMA	A+B book, A-book	Instant, Market	SVG SVG	2010	Not regulated	None	x	MT5, MT5 WebTerminal	100 ms	No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Bitcoin, Neteller, Skrill	USD	✔	✔	x	62	x	✔	x	x	x	20% \| 100%	⬤ Lowest
tegasFX	200 $															200 $	200	0.01	0 ≈	8 $											ECN-style pricing*	MM, STP	A+B book, A-book	Market	Vanuatu Vanuatu	2016	VFSC	None	x	MT4, MT5	7 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Neteller, BitPay, ThunderXpay, ADVCash, Bitcoin, Ethereum, Tether	USD, EUR	✔	x	x	36	5	x	Copy Trading	PAMM, MAM	x	70% \| 100%	⬤ Average
TeleTrade	100 $ 100 $	500	0.01	1.1 ≈	0 $	100 $	500	0.01	0.8 ≈	7 $						100 $	500	0.01	0.2 ≈	8 $											ECN marketing*	MM, STP	A+B book, A-book	Market	Cyprus Cyprus	1994	CySEC	Belgium, US	Cyprus Investor Compensation Fund (ICF)	MT4, MT4 WebTerminal, MT5		No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, FasaPay, China UnionPay	USD, EUR	✔	✔	x	61	8	✔	x	x	x	50% \| 70%	⬤ Average
TenkoFX	10 $					10 $	500	0.01	0 ≈	0 $						100 $	200	0.01	0 ≈	8 $						10 $	3	0.01	10 ≈	0 $	ECN-style pricing*	STP	A-book	Market	Nevis Nevis	2012	Not regulated	US	x	MT4		Yes, unlimited	✔	✔	✔	Credit Card, Debit Card, QIWI, FasaPay, ADVCash, Perfect Money, Bitcoin, Ethereum, Litecoin, Tether, Bitcoin Cash	USD, EUR, RUB, JPY, BTC, LTC, ETH	x	x	x	55	29	✔	x	PAMM	x	30%, 50% \| 50%, 100%	⬤ Low
Titan FX	200 $					200 $	500	0.01	1.2 ≈	0 $						200 $	500	0.01	0 ≈	7 $											ECN-style pricing*	STP, DMA	A-book	Market	Vanuatu Vanuatu	2014	VFSC	None	x	MT4, MT4 WebTerminal, MT5	300 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Bitwallet, STICPAY, Local Transfer Japan	USD, EUR, JPY, SGD	✔	✔	x	x	24	✔	x	MAM, PAMM	✔	20% \| 20%	⬤ Average
TNFX	1000 $ 100 $	500	0.01	1 🔒	0 $						1000 $	500	0.01	1 ≈	0 $						100 $	500	0.001	1 ≈	0 $						ECN marketing*	MM, DMA	A+B book, A-book	Instant, Market	Seychelles Seychelles	2020	FSA	US	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, Autochartist		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer, Perfect Money, WebMoney, Payeer, Asia Pay	USD	✔	x	x	x	13	✔	x	MAM, PAMM	✔	\|	⬤ Average
TOP1 Markets	50 $ 50 $	1000	0.01	1 ≈	0 $											50 $	100	0.01	0.6 ≈	0 $											ECN marketing*	MM	A+B book	Market	Cayman Isl. Cayman Isl.	2020	Not regulated	None	x	MT5, MT5 WebTerminal	1000 ms	No	✔	x	✔	Bank Wire	USD	✔	✔	x	27	16	✔	x	x	x	50% \|	⬤ Low
TradeFCM	2000 $															2000 $	1000	0.01	0.1 ≈	0 $											ECN marketing*	DMA	A+B book	Market	UK UK	2002	Not regulated	None	x	MT4, MT5	10 ms		✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayPal	USD, EUR, GBP	✔	✔	x	37	4	✔	Copy Trade	PAMM	x	30% \| 40%	⬤ Lowest
TradeFxP	250 $					500 $	100	0.01	1.9 ≈							2000 $	100	0.01	0.9 ≈	0 $	250 $	300	0.01	2.1 ≈	0 $						ECN marketing*	STP	A-book	Market	UK UK	2014	Not regulated	US	x	MT4		No	✔	x	✔	Bank Wire, Credit Card, Skrill, Neteller, FasaPay	USD	✔	x	x	67	x	x	x	x	x	\|	⬤ Low
TradeHall	100 $					100 $	500	0.01		0 $						3000 $	200	0.01	0 ≈												ECN marketing*	MM, STP marketing	A+B book	Market	Australia Australia	2020	ASIC	None	x	MT5, MT5 WebTerminal		Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Local Transfer	USD	✔	✔	x	x	x	✔	x	PAMM	x	\|	⬤ Low
Traders Trust	50 $					50 $	500	0.01	1.5 ≈	0 $						2000 $	500	0.01	0 ≈	6 $											ECN marketing*	STP, DMA	A-book	Market	Bermuda Bermuda	2009	BMA	None	x	MT4, MT4 WebTerminal	100 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller, Bitwallet, Bitcoin, Skrill, FasaPay, WebMoney, Perfect Money	USD, EUR, JPY, CHF, GBP	✔	✔	x	53	8	✔	Copy Trader	MAM	✔	50% \| 80%	⬤ High
Traders Way	10 $					10 $	1000	0.01	0.7 ≈	0 $						10 $	1000	0.01	0 ≈	3 $											ECN marketing*	STP, DMA	A-book	Market	Dominica Dominica	2011	Not regulated	US, UK	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader	500 ms	Yes	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, FasaPay, Ethereum, Bitcoin, Litecoin, Ripple, USD Coin, Tether, TrueUSD, Stellar Lumens, TCPAY, Local Transfer	USD, EUR, CAD, GBP	✔	x	x	42	9	✔	CTrader Copy	x	✔	40% \| 40%	⬤ Average
Tradeview	100 $					100 $	400	0.01	0.1 ≈	0 $						25000 $	100	0.1	0 ≈	5 $											ECN-style pricing*	STP, DMA	A-book	Market	Cayman Isl. Cayman Isl.	2004	CIMA	US	x	MT4, MT5, MT5 WebTerminal, Currenex, cTrader	20 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Payfinder, Bitwallet, EcoPayz, Uphold, BitPay, STICPAY, EPayments, FasaPay, TransferMate, ADVCash, Tronipay, PayRetailers, Payr, Flutterwave, Interac, Konnectivity	USD, EUR, GBP, JPY	✔	x	x	x	5	✔	Tradeview Copier, Myfxbook AutoTrade	MAM	x	110% \| 110%	⬤ High
Trendo	10 $															10 $	500	0.01	0 ≈	6 $											ECN marketing*	STP	A-book	Market	UK UK	2021	Not regulated	None	x	Trendo			x	x	✔	Bank Wire, Credit Card, Debit Card, PayPal, Perfect Money, Bitcoin, Tether, WebMoney	USD	x	x	x	32	16	✔	x	x	x	70% \| 100%	⬤ Low
TrioMarkets	500 $					500 $	500	0.01	2.4 ≈	0 $						25000 $	500	0.01	0 ≈	11 $											ECN marketing*	MM, STP, DMA	A+B book, A-book	Market	Mauritius Mauritius	2014	FSC	None	x	MT4, MT4 WebTerminal	90 ms	No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller	USD	✔	x	x	61	4	x	x	PAMM, MAM	✔	50% \| 200%	⬤ Low
UNFXB	10 $ 10 $	1000	0.01	1.6 ≈	0 $											400 $	500	0.01	0.8 ≈	10 $											ECN marketing*	MM	A+B book	Market	Mauritius Mauritius	2016	Not regulated	US	x	MT5, MT5 WebTerminal	65 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, PayPal, Western Union, WebMoney, Bitcoin, Litecoin, Dash, Tether, Monero, Neo, TUSD, ENB	USD	✔	✔	x	x	x	✔	CopyTrade	MAM, PAMM	x	20%, 40% \| 100%	⬤ Low
Uniglobe Markets	100 $					1000 $	300	0.1	1.3 ≈	0 $						1000 $	200	0.1	0 ≈	20 $	100 $	500	0.01	1.5 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	Marshall Isl. Marshall Isl.	2015	Not regulated	US	x	MT4		Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, QIWI, Perfect Money, OKPAY, CASHU	USD	✔	✔	x	38	13	✔	x	PAMM	x	40%, 70% \| 110%	⬤ High
Valutrades	1 $															1 $	500	0.01	0 ≈	6 $											ECN-style pricing*	MM, DMA	B-book, A-book	Market	UK UK	2012	FCA	US	UK Financial Services Compensation Scheme (FSCS)	MT4, MT4 WebTerminal, MT5	159 ms	Yes, unlimited	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Rapid Transfer, China UnionPay, Trustly, Remessa Online, Alipay, Klarna, Multibanco, JCB, AstroPay, IDEAL, POLi, Przelewy24, STICPAY, PayPal	USD, AUD, CHF, EUR, GBP, JPY, ZAR, NZD	✔	✔	x	x	x	x	x	MAM	✔	50% \| 50%	⬤ Average
Vantage	200 $					200 $	500	0.01	1.4 ≈	0 $						500 $	500	0.01	0 ≈	6 $											ECN-style pricing*	STP, DMA	A-book	Market	Cayman Isl. Cayman Isl.	2009	CIMA	US	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	250 ms	No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, BPAY, POLi, Skrill, Neteller, FasaPay, China UnionPay	USD, AUD, GBP, EUR, SGD, CAD	✔	x	x	44	x	✔	ZuluTrade, Myfxbook AutoTrade, DupliTrade	MAM, PAMM	✔	50% \| 80%	⬤ Average
VARIANSE	500 $					500 $	30	0.01	1 ≈	0 $						5000 $	30	0.1	0 ≈	0 $											ECN marketing*	STP, DMA	A-book	Market	UK UK	2015	FCA	US	UK Financial Services Compensation Scheme (FSCS)	MT4, cTrader	20 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card	USD, EUR, GBP, PLN, JPY, AUD	✔	✔	x	81	x	✔	CopyTrade	MAM	✔	50% \| 100%	⬤ Low
Velocity Trade	25000 $															25000 $	100	0.01	0.5 ≈	5 $											ECN		A-book	Market	UK UK	2009	FCA	Canada, US	UK Financial Services Compensation Scheme (FSCS)	Liquidx, Currenex, Hotspot, Pro Trader		Yes	x	x	✔	Bank Wire	USD	✔	x	x	x	x	✔	x	x	x	50% \| 50%	⬤ Low
Ventezo	10 $					50 $	1000	0.01	1 ≈	0 $	200 $	500	0.01	0 ≈	5 $						10 $	1000	0.01	2.2 ≈	0 $						ECN	STP, DMA, -pricing	A-book	Market	SVG SVG	2018	Not regulated	None	x	MT4	29 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, FasaPay, Bitcoin, Ethereum, Litecoin, Tether	USD	✔	✔	x	45	16	✔	Copy Trading	PAMM	x	30% \| 75%	⬤ Lowest
Vital Markets	10 $ 10 $	500	0.1	0.5 ≈	0 $											10 $	500	0.1	0.5 ≈	5 $	10 $	500	0.01	0.5 ≈	5 $						ECN marketing*	MM, STP	A+B book, A-book	Market	Dominica Dominica	2014	...	None	x	TradeLocker		Yes, unlimited	x	x	✔	Credit Card, Debit Card, Bitcoin, USD Coin, Tether, Ripple, Ethereum, Dogecoin, Litecoin	USD	✔	x	x	58	23	x	x	MAM, PAMM	x	\|	⬤ Low
VT Markets	100 $					100 $	500	0.01	1.2 ≈	0 $						100 $	500	0.01	0 ≈	6 $											ECN-style pricing*	STP	A-book	Market	Cayman Isl. Cayman Isl.	2016	CIMA	None	x	MT4, MT4 WebTerminal, MT5		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Ethereum	USD, EUR, AUD, GBP, CAD	✔	✔	x	39	x	✔	ZuluTrade	MAM, PAMM	x	50% \| 80%	⬤ Low
W7BT	100 $															100 $	200	0.01	1.5 ≈	15 $											ECN marketing*	STP	A-book	Market	SVG SVG	2019	Not regulated	None	x	MT5	1000 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Boleto, Bitcoin	USD	x	✔	x	x	x	x	x	PAMM	x	50% \| 100%	⬤ Low
WAYSTRADE	100 $					100 $	500	0.01	1 ≈	0 $						1000 $	200	0.01	0.8 ≈												ECN marketing*	STP	A-book	Market	SVG SVG	2010	Not regulated	None	x	MT5	680 ms	No	✔	x	✔	Bank Wire, Skrill, Perfect Money, PayPal, WebMoney, Bitcoin	USD	✔	✔	✔	83	47	x	x	MAM, PAMM	x	20% \| 100%	⬤ Low
WesternFX	25 $					25 $	500	0.01	1.4 ≈	0 $						250 $	100	0.01	0.2 ≈												ECN marketing*	STP	A-book	Market	SVG SVG	2013	Not regulated	US, Canada	x	MT5		No	✔	✔	✔	Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, FasaPay, Payza	USD	✔	x	x	34	x	✔	x	PAMM	x	10% \| 20%	⬤ Low
World Forex	1 $															1 $	500	0.01	0.6 ≈	0 $	1 $	1000	0.01	1.8 🔒	0 $	1 $	25	0.01	0 ≈	10 $	ECN marketing*	MM, STP	B-book, A-book	Market	BVI BVI	2007	FSC	US	Financialcommission.org	MT4, MT5	1000 ms	No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Perfect Money, PAYEER, ADVCash, Bitcoin, Dash, Apple Pay, Google pay	USD, UAH, RUB, EUR	✔	✔	✔	53	17	✔	x	MAM	✔	40% \| 40%	⬤ Low
XBTFX	10 $ 10 $	500	0.01	1 ≈	0 $											10 $	500	0.01	0.01 ≈	7 $						10 $	25	0.01	0.01 ≈	7.5 $	ECN marketing*	MM, STP	B-book, A-book	Market	SVG SVG	2019	Not regulated	None	x	MT4, MT5	10 ms	Yes, unlimited	✔	x	✔	Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Binance Coin, Cardano, Stellar Lumens, Dogecoin, TRON, Tether, USD Coin, Paxos, DAI	USD, BTC, ETH, XRP, DAI, USDT	x	x	x	79	27	✔	Copy Trading	MAM, PAMM	x	50% \| 100%	⬤ Low
XeroMarkets	10 $ 10 $	500	0.01	0.1 ≈	0 $											100 $	500	0.01	0 ≈	5 $											ECN marketing*	MM, DMA	A+B book, A-book	Market	SVG SVG	2018	Not regulated	None	x	MT4		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Help2Pay, PayPal, FasaPay, Tether, Bitcoin	USD	✔	✔	x	x	x	✔	Xero Copytrade	x	x	35% \| 100%	⬤ Average
XGLOBAL	100 $					100 $	30	0.01	1 ≈	0 $						100 $	30	0.01	0.2 ≈	7.5 $											ECN-style pricing*	STP, DMA	A-book	Market	Cyprus Cyprus	2012	CySEC	None	Cyprus Investor Compensation Fund (ICF)	MT5	200 ms	Yes	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller	USD, EUR, GBP, CHF, NOK	✔	✔	x	44	4	✔	x	MAM	x	50% \| 100%	⬤ Low
XtreamForex	5 $					250 $	400	0.01	1 ≈	0 $						250 $	400	0.01	0 ≈	7 $	5 $	1000	0.01	1 ≈	0 $						ECN marketing*	STP, DMA	A-book	Market	Marshall Isl. Marshall Isl.	2015	Not regulated	None	x	MT4, MT5, MT5 WebTerminal		No	✔	x	✔	Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Bitcoin, OnlineNaira, PayTrust88, Help2Pay	USD	✔	✔	x	56	34	✔	Copy Trading	PAMM	✔	30% \| 60%	⬤ High
Yadix	100 $					100 $	500	0.01	1 ≈	0 $						500 $	500	0.01	0 ≈	12 $											ECN-style pricing*	STP, DMA	A-book	Market	Seychelles Seychelles	2010	FSA	US	x	MT4	15 ms	Yes, unlimited	✔	x	✔	Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, FasaPay, Bitwallet, Bitcoin, Ethereum, Tether	USD	✔	✔	x	57	x	✔	x	MAM	✔	50%, 80% \| 100%	⬤ Low
YEWTrading	1 $															1 $	100														ECN marketing*	MM	A+B book	Market	UK UK	2021	Not regulated	None	x	MT4, MT4 WebTerminal	0 ms	Yes	✔	x	✔	Bank Wire	USD	x	✔	x	x	x	x	x	x	x	\|	⬤ Low
ZFX	50 $					200 $	400	0.01	1.3 ≈	0 $						1000 $	400	0.01	0.2 ≈	14 $	50 $	2000	0.01	1.5 ≈	0 $						ECN marketing*	STP	A-book	Market	Seychelles Seychelles	2017	FSA	US	UK Financial Services Compensation Scheme (FSCS)	MT4	35 ms	No	✔	x	✔	Bank Wire, Credit Card	USD	✔	x	x	64	x	x	x	MAM	x	100% \| 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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