Best and Most Trusted ECN Forex Brokers in 2023
Considered to be some of the purest of forex dealers in the market, ECN brokers can offer you a way of making money that is unlike what you would experience in the regular forex markets. They do not make profits from the spread difference. They charge a commission instead.
Because of this, in ECN Forex, it is in the best interest of the ECN broker to make a profit, or they will not be able to charge a commission. So, before we get into a little more detail about the ECN brokers, let us look at what the ECN is all about.
98
MIN. DEPOSIT
$100
Trading Instruments
250+
Trading PLATFORMS
- MT4
- MT5
- cTrader
- FxPro Edge
DEPOSIT METHODS
Debit, Credit and more.
MIN. SPREAD
0.6 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/7
99
MIN. DEPOSIT
$200
Trading Instruments
232
Trading PLATFORMS
- MT4
- cTrader
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit Card and More.
MIN. SPREAD
0.0 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/7
94
MIN. DEPOSIT
$1
Trading Instruments
70+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Bank Transfer, Skrill, Neteller, Visa
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:3000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/7
95
MIN. DEPOSIT
$5
Trading Instruments
1000+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Bank Transfer, Skrill and More.
MIN. SPREAD
0.6 pips
MAX. LEVERAGE
1:888
CURRENCY PAIRS
55+
REGULATED BY
Customer Support
24/5
96
MIN. DEPOSIT
$5
Trading Instruments
93
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Private Bank Transfer, Skrill, Neteller, Visa, Mastercard
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
49
REGULATED BY
Customer Support
24/5
94
MIN. DEPOSIT
$200
Trading Instruments
80+
Trading PLATFORMS
- MT4
- NextGen
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit Card, Skrill, Neteller, UnionPay.
MIN. SPREAD
0.0 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
80+
REGULATED BY
Customer Support
24/5
95
MIN. DEPOSIT
$200
Trading Instruments
150+
Trading PLATFORMS
- MT4
- MT5
- cTrader
DEPOSIT METHODS
Credit / Debit Card, PayPal, POLi, China UnionPay, Skrill, Neteller, Broker to Broker (B2B), Bpay, Wire Transfer, MasterCard, VISA.
MIN. SPREAD
0.9 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/7
80
MIN. DEPOSIT
$1
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Bank cards, Neteller, Skrill, and other local and international EPS.
78
MIN. DEPOSIT
$200
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
85
MIN. DEPOSIT
$100
Trading Instruments
50+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Wire Transfer, Credit Card, Skrill, Neteller, Fasapay, UnionPay, Qiwi, Sofort, PaySafeCard, SticPay, DotPay.
75
MIN. DEPOSIT
$100
Trading Instruments
Trading PLATFORMS
- MT4
- JForex
DEPOSIT METHODS
Debit, Credit and Prepaid Cards, Bank Wire Transfer, PayPal and others.
MIN. SPREAD
1.06 pips
MAX. LEVERAGE
1:200
CURRENCY PAIRS
61
REGULATED BY
Customer Support
24/6
75
MIN. DEPOSIT
$200
Trading Instruments
40+
Trading PLATFORMS
- MT4
- Web
- Mobile
- FIX API
DEPOSIT METHODS
Wire Transfer, Credit Card, Neteller, Bpay, Poli.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
70
MIN. DEPOSIT
$200
Trading Instruments
350+
Trading PLATFORMS
- MT4
- MT5
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Skrill, Neteller, Fasapay, bPay, Poli.
MIN. SPREAD
From 0
MAX. LEVERAGE
1:500
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
69
MIN. DEPOSIT
$50
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
- WebTrader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Doku, Local Bank Transfers, Skrill, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
65
MIN. DEPOSIT
$250
Trading Instruments
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Visa, MasterCard, Maestro, MasterCard SecureCode, Skrill, V Pay, Neteller.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
48+
REGULATED BY
Customer Support
24/5
61
MIN. DEPOSIT
$250
Trading Instruments
350+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Neteller, Debit/Credit Card, Skrill.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:300
CURRENCY PAIRS
Available
REGULATED BY
Customer Support
24/5
55
MIN. DEPOSIT
$250
Trading Instruments
350+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Visa, MasterCard, Maestro, MasterCard SecureCode, Skrill, V Pay, Neteller
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
Available
REGULATED BY
Customer Support
24/7
52
MIN. DEPOSIT
$250
Trading Instruments
Not Specied
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Visa, MasterCard, Maestro, MasterCard SecureCode, Skrill, V Pay, Neteller
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
73
MIN. DEPOSIT
$300
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, SticPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
65+
REGULATED BY
Customer Support
24/7
70
MIN. DEPOSIT
$100
Trading Instruments
120+
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Bitcoin, FasaPay, Local Bank Deposits, Neteller, PerfectMoney, Skrill.
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$1
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- Mobile Trader
DEPOSIT METHODS
Bank Wire, FasaPay, Local Bank Deposits, Local Bank Transfers, PerfectMoney.
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
30+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$300
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- MT4
- jForex
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Maestro, Neteller, Skrill
MIN. SPREAD
Variable
MAX. LEVERAGE
1:50
CURRENCY PAIRS
25+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- SIRIX
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Transferrapid, Trustly, Qiwi, WebMoney.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:50
CURRENCY PAIRS
100+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Giropay, iDeal, Dankort.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:30
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
61
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Giropay, iDeal, Dankort.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
38+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$200
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
- Web
- Moible
- MAM
- FIX API
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Giropay, iDeal, Dankort, Nordea, Poli and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
65
MIN. DEPOSIT
$100
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- MT4
- MT5
- cTrader
- CQG
- ROX
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Giropay, iDeal, Dankort, Nordea, Poli and More.
MIN. SPREAD
From 0
MAX. LEVERAGE
1:500
CURRENCY PAIRS
65+
REGULATED BY
Customer Support
24/7
74
MIN. DEPOSIT
$1
Trading Instruments
200+
Trading PLATFORMS
- MT4
- IXO
- CQG
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:300
CURRENCY PAIRS
30+
REGULATED BY
Customer Support
24/5
70
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, CASHU, Maestro, Neteller, Qiwi, Skrill, WebMoney, Yandex Money.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:300
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
65
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Wire Transfer.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
65
MIN. DEPOSIT
$100
Trading Instruments
1000+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Doku, Skrill, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
39+
REGULATED BY
Customer Support
24/5
71
MIN. DEPOSIT
$300
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, SticPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
65+
REGULATED BY
Customer Support
24/7
73
MIN. DEPOSIT
$10
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- Mobile
DEPOSIT METHODS
Visa, Mastercard.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
30+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$500
Trading Instruments
100+
Trading PLATFORMS
- Trio Xtend
- MT4
- MAM
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Skrill, Neteller.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/6
71
MIN. DEPOSIT
$10
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, CoinGate, Neteller, Skrill, WebMoney.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:300
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$100
Trading Instruments
12,000+
Trading PLATFORMS
- MT4
- Web
- Mobile
- AT Pro
DEPOSIT METHODS
Wire Transfer, Credit Card.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
80+
REGULATED BY
Customer Support
24/5
70
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- Mobile
- Web
DEPOSIT METHODS
Web Money, Yandex Money.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
25+
REGULATED BY
Customer Support
24/6
75
MIN. DEPOSIT
$100
Trading Instruments
100+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Fasa Pay, WebMoney, Bitcoin.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:2000
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$5
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- NinjaTrader
- CQG
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, PerfectMoney, Skrill, WebMoney, QIWI, Neteller, FasaPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
20+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$100
Trading Instruments
Lot of Trading Instruments
Trading PLATFORMS
- MT4
- Mobile
- Web
- ETX TraderPro
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, UnionPay, GiroPay, Sofort.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
55
MIN. DEPOSIT
$200
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- JP App
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, Airtel Money, Bonga, Eazzypay and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$50
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Advanced Cash, WebMoney, Perfect Money and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
65
MIN. DEPOSIT
$1
Trading Instruments
100+
Trading PLATFORMS
- MT4
- WebTrader
- Mobile Trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Alipay, FasaPay, Neteller, PayCo, Qiwi, Skrill, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
100+
REGULATED BY
Customer Support
24/7
71
MIN. DEPOSIT
$200
Trading Instruments
50+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, WebMoney, Fasapay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
56
MIN. DEPOSIT
$1
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Plastic cards, Bank transfers, Electronic wallets (QIWI Wallet, Yandex Money), and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$25
Trading Instruments
77
Trading PLATFORMS
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Cryptocurrency, Perfect Money, WebMoney and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/7
75
MIN. DEPOSIT
$100
Trading Instruments
400+
Trading PLATFORMS
- MT4
- Web
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Sofort.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$100
Trading Instruments
200+
Trading PLATFORMS
- MT4
- MT5
- Web
DEPOSIT METHODS
Wire Transfer, Credit Card, Neteller, Skrill, FasaPay, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/5
76
MIN. DEPOSIT
$10
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
- Web
DEPOSIT METHODS
Wire Transfer, Credit Card, Neteller, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/7
75
MIN. DEPOSIT
$1
Trading Instruments
400+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, SticPay, Neteller, PayCo, Triv, FasaPay, Perfect Money, Payeer and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
100+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$20
Trading Instruments
200+
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, ePayService, QIWI, WebMoney, Skrill, Neteller, Bitcoin, and More.
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:2000
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
83
MIN. DEPOSIT
$100
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
DEPOSIT METHODS
Wire Transfer, Bitcoin.
MIN. SPREAD
0.00 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$500
Trading Instruments
100+
Trading PLATFORMS
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Neteller, Skrill, Qiwi.
75
MIN. DEPOSIT
$500
Trading Instruments
70+
Trading PLATFORMS
- MT4
- Currenex
- HotSpot
- FastMatch
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit Card, UnionPay, WebMoney, Trustly, iDeal, Sofort, POLi, Giropay, Astropay and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:100
CURRENCY PAIRS
40+
REGULATED BY
Customer Support
24/7
75
MIN. DEPOSIT
$100
Trading Instruments
68+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, UnionPay, Neteller, Skrill, Qiwi, Fasapay, Perfect Money, Cryptocurrency and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
55+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$5
Trading Instruments
100+
Trading PLATFORMS
- MT4
- WebTrader
- Mobile Trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Bitcoin, Bitcoin Cash, Dogecoin (DOGE), ePayments, Ether/Ethereum and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$50
Trading Instruments
100+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Neteller, Skrill, Perfect Money, WebMoney, FasaPay, UnionPay, and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
74
MIN. DEPOSIT
$5
Trading Instruments
500+
Trading PLATFORMS
- MT4
- Mobile
- Web
- Trade Station
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill.
76
MIN. DEPOSIT
$20
Trading Instruments
100+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Bitcoin, Ether/Ethereum, FasaPay, Litecoin, Neteller, Ripple, Skrill and More.
MIN. SPREAD
From 0
MAX. LEVERAGE
1:500
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/5
80
MIN. DEPOSIT
$100
Trading Instruments
200+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, SticPay
MIN. SPREAD
0.1 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
95+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$10
Trading Instruments
50+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Neteller, Skrill, Perfect Money, Bitcoin, Fasapay, WebMoney.
78
MIN. DEPOSIT
$50
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, PayPal, Skrill, Trustly, Webmoney, 2C2P and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/6
78
MIN. DEPOSIT
$5
Trading Instruments
300+
Trading PLATFORMS
- NinjaTrader
- CQG
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, PerfectMoney, Skrill, WebMoney, QIWI, Neteller, FasaPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Card, Neteller, Skrill, WebMoney.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
80+
REGULATED BY
Customer Support
24/5
80
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Fasa Pay, Jeton Wallet, Neteller, Skrill, and More.
MIN. SPREAD
from 0.2
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
40+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$1
Trading Instruments
7000+
Trading PLATFORMS
- MT4
- LCG Trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, UnionPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/6
80
MIN. DEPOSIT
10,000
Trading Instruments
Not Specified
Trading PLATFORMS
- Currenex
- cTrader
- MT4
DEPOSIT METHODS
They only accept bank wire transfers.
MIN. SPREAD
Form 1.7 pips
MAX. LEVERAGE
1:100
CURRENCY PAIRS
58+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$200
Trading Instruments
60+
Trading PLATFORMS
- MT4
- FIX API
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit Card, Debit Card, Skrill, Local Bank Deposit, Neteller, Union Pay.
MIN. SPREAD
From 0
MAX. LEVERAGE
1:500
CURRENCY PAIRS
64+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$10
Trading Instruments
100+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Local Bank Transfers, Neteller, PerfectMoney and More.
MIN. SPREAD
0.1 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
20+
REGULATED BY
Customer Support
24/5
80
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- MT5
- Web
- Mobile
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, BPAY, Poli, Skrill, UnionPay, XPAY.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
84
MIN. DEPOSIT
$5000
Trading Instruments
213 Tradable Assets
Trading PLATFORMS
- MetaTrader4
- MetaTrader5
- Libertex
DEPOSIT METHODS
Bank Cards, WesternUnion, MoneyBookers, Bank Transfer.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:600
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$1000
Trading Instruments
2,200+
Trading PLATFORMS
- MT4
- MT5
- WebTrader
- Mobile Trader
- AutoTrader
DEPOSIT METHODS
Credit Card, MoneyBookers, Webmoney, PayPal, Wire Transfer.
87
MIN. DEPOSIT
$500
Trading Instruments
170+
Trading PLATFORMS
- MT4
- WebTrader
- PC
- iOS/Android
- MT5
DEPOSIT METHODS
Visa/Mastercard, Skrill, Neteller, Wire Transfer, Perfect Money, FasaPay and More.
MIN. SPREAD
From 0
MAX. LEVERAGE
1:3000
CURRENCY PAIRS
80+
REGULATED BY
Customer Support
24/7
75
MIN. DEPOSIT
$1000
Trading Instruments
300+
Trading PLATFORMS
- MetaTrader
- ActTrader
- iActTrader
DEPOSIT METHODS
Credit Cards, PayPal, Wire Transfer.
MIN. SPREAD
From 0
MAX. LEVERAGE
400:1
CURRENCY PAIRS
25+
REGULATED BY
Customer Support
24/5
80
MIN. DEPOSIT
$500
Trading Instruments
200+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Dotpay, FasaPay, Monero, Neteller, SafeCharge, Skrill, UnionPa.
84
MIN. DEPOSIT
$250
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- WebTrader
- Colmex Pro Multitrader
DEPOSIT METHODS
Credit Card, Skrill, Wire Transfer.
MIN. SPREAD
Variable
MAX. LEVERAGE
200
CURRENCY PAIRS
30+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$500
Trading Instruments
Not Specified
Trading PLATFORMS
- Sirix Station
- MT4
- Sirix WebTrader
- Sirix Mobile Trader
DEPOSIT METHODS
Bank Wire Transfer, Credit Cards.
MIN. SPREAD
3.0 pips
MAX. LEVERAGE
1:200
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/7
71
MIN. DEPOSIT
$200
Trading Instruments
2,200+
Trading PLATFORMS
- MT4
- OREX
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, CASHU, Maestro, Neteller, Skrill.
MIN. SPREAD
0.7-3 pips
MAX. LEVERAGE
500:1
CURRENCY PAIRS
55+
REGULATED BY
Customer Support
24/7
70
MIN. DEPOSIT
$1000
Trading Instruments
9,000+
Trading PLATFORMS
- SaxoTrader
- TradeMaker
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Securities transfer.
MIN. SPREAD
0.5 pips
MAX. LEVERAGE
1:200
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$1000
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
- MT4 MultiTerminal
- MetaTrader Mobile
DEPOSIT METHODS
Wire transfer, Credit Cards, WebMoney, NETELLER, Skrill, PayWeb, Payza, Perfect Money and others.
MIN. SPREAD
0.0 pips
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
84
MIN. DEPOSIT
$250
Trading Instruments
1500+
Trading PLATFORMS
- MT4
- xStation5
DEPOSIT METHODS
Credit Card, Debit Card, Bank Transfer, e-Wallets.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:200
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
91
MIN. DEPOSIT
$200
Trading Instruments
100+
Trading PLATFORMS
- WebTrader
- Openbook
- Mobile Trader
DEPOSIT METHODS
Credit Cards, PayPal, Wire Transfer, Bitcoin.
MIN. SPREAD
2 pips
MAX. LEVERAGE
1:400
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/7
84
MIN. DEPOSIT
$1
Trading Instruments
30+
Trading PLATFORMS
- MT4
- MT5
- ZuluTrade
DEPOSIT METHODS
Credit Cards, Bank transfer.
MIN. SPREAD
0.1-2 pips
MAX. LEVERAGE
1:200
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/7
90
MIN. DEPOSIT
$100
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
- WebTrader
DEPOSIT METHODS
Credit Cards, Bitcoin, Wire Transfer, SEPA Transfer, China Union Pay, Neteller, Scrill, Perfect Money.
MIN. SPREAD
0.5 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$250
Trading Instruments
200+
Trading PLATFORMS
- MT4
- WebTrader
DEPOSIT METHODS
Credit Cards, Wire Transfer, Skrill.
MIN. SPREAD
0.8 pips
MAX. LEVERAGE
1:400
CURRENCY PAIRS
50+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$5000
Trading Instruments
1500+
Trading PLATFORMS
- MT5
- Web Trader
DEPOSIT METHODS
Visa, MasterCard, Bank Transfer/SWIFT, Skrill, Neteller, Qiwi Wallet, UnionPay, Yandex Money, WebMoney.
MIN. SPREAD
0.8 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/7
84
MIN. DEPOSIT
$10
Trading Instruments
330
Trading PLATFORMS
- MT4
- MT5
- Web-Trader
DEPOSIT METHODS
Credit card, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney, Bitcoin.
MIN. SPREAD
0.0001 pips
MAX. LEVERAGE
1:2000
CURRENCY PAIRS
330+
REGULATED BY
Customer Support
24/7
81
MIN. DEPOSIT
$100
Trading Instruments
60+
Trading PLATFORMS
- MT4
- MT5
- Webtrader
DEPOSIT METHODS
VISA, MasterCard, Wire Transfer, Webmoney, Perfect Money, Fasapay, Skrill, Neteller and others.
MIN. SPREAD
1.3-2.8 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60
REGULATED BY
Customer Support
24/7
86
MIN. DEPOSIT
$100
Trading Instruments
200+
Trading PLATFORMS
- MetaTrader4
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, BCP, Boleto, Efecty, Moneta.ru,Neteller, Skrill, UnionPay and others.
MIN. SPREAD
0.2-0.6 pips
MAX. LEVERAGE
1:300
CURRENCY PAIRS
70+
REGULATED BY
Customer Support
24/5
80
MIN. DEPOSIT
£200
Trading Instruments
100+
Trading PLATFORMS
- MT4
- MT5
- ActivTrader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, CASHU, Maestro, Neteller, Skrill.
MIN. SPREAD
0.7-3 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
55+
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$500
Trading Instruments
600+
Trading PLATFORMS
- MT4
- MT5
- ActivTrader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Maestro, Ngan Luong, PayPal, Skrill, SOFORT
MIN. SPREAD
0.5 pips
MAX. LEVERAGE
1:400
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
84
MIN. DEPOSIT
$0
Trading Instruments
7000+
Trading PLATFORMS
- MT4
- LCG Trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, UnionPay.
MIN. SPREAD
0.6 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/7
84
MIN. DEPOSIT
$10
Trading Instruments
700+
Trading PLATFORMS
- MT4
- MT5
- cTrader
- R Trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, ePayments, FasaPay, Neteller, PaySec, Poli, Qiwi, Skrill, UnionPay, WebMoney.
MIN. SPREAD
0 to 3 pips
MAX. LEVERAGE
1:2000
CURRENCY PAIRS
30+
REGULATED BY
Customer Support
24/7
93
MIN. DEPOSIT
$50
Trading Instruments
4,500+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- Private
- WebTrader
DEPOSIT METHODS
Bank Transfer, Visa, Mastercard
MIN. SPREAD
0.8 Pips
MAX. LEVERAGE
1:400
CURRENCY PAIRS
80
REGULATED BY
Customer Support
24/7
91
MIN. DEPOSIT
$10
Trading Instruments
70+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Bank Transfer, VISA, Mastercard, Maestro, Skrill, Neteller, FasaPay and More.
MIN. SPREAD
0.4 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
92
MIN. DEPOSIT
$50
Trading Instruments
48+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrade
- cTrader
DEPOSIT METHODS
Bank Transfer, Visa, Mastercard, Skrill, Neteller, FasaPay, PayTM, Local banks
95
MIN. DEPOSIT
$100
Trading Instruments
300+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Bank Transfer, Skrill, Neteller, Visa, Mastercard and more.
MIN. SPREAD
0.2 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
76
REGULATED BY
Customer Support
24/5
75
MIN. DEPOSIT
$100
Trading Instruments
50+
Trading PLATFORMS
- MT4
DEPOSIT METHODS
Bank Wire, Bitcoin, ePayments, Local Bank Transfers, Neteller, Skrill, UnionPay.
MIN. SPREAD
0.0 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
40+
REGULATED BY
Customer Support
24/7
94
MIN. DEPOSIT
$100
Trading Instruments
80+
Trading PLATFORMS
- MT4
- Web
- Mobile
- FIX API
DEPOSIT METHODS
Wire Transfer, Credit Card, Skrill, Neteller, Fasapay, UnionPay, Qiwi, Sofort, PaySafeCard, SticPay, DotPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
78
MIN. DEPOSIT
$50
Trading Instruments
1000+
Trading PLATFORMS
- MT4
- Web
- Mobile
DEPOSIT METHODS
Wire Transfer, Credit/Debit Cards, Skrill, Neteller, PayTrust, Perfect Money, NganLuong and More.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
45+
REGULATED BY
Customer Support
24/5
97
MIN. DEPOSIT
$100
Trading Instruments
250+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- WebTrader
DEPOSIT METHODS
Bank Transfer, Skrill, Neteller, Visa, Mastercard and more.
MIN. SPREAD
0.6 pips
MAX. LEVERAGE
1:400
CURRENCY PAIRS
60
REGULATED BY
Customer Support
24/5
59
MIN. DEPOSIT
$100
Trading Instruments
Not Specified
Trading PLATFORMS
- MT4
- Web-trader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, Neteller, Skrill, SticPay.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:400
CURRENCY PAIRS
35+
REGULATED BY
Customer Support
24/5
95
MIN. DEPOSIT
$100
Trading Instruments
250+
Trading PLATFORMS
- MT4
- MT5
- Mobile App
- Private
DEPOSIT METHODS
Bank Transfer, Visa, Mastercard, Maestro and more.
MIN. SPREAD
0 pips
MAX. LEVERAGE
1:1000
CURRENCY PAIRS
50
REGULATED BY
Customer Support
11/5
68
MIN. DEPOSIT
$250
Trading Instruments
50+
Trading PLATFORMS
- MT4
- MT5
- Trade Interceptor
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, BitPay, BPAY, FasaPay, Neteller, PayPal, Skrill.
MIN. SPREAD
Variable
MAX. LEVERAGE
1:500
CURRENCY PAIRS
38+
REGULATED BY
Customer Support
24/5
100
MIN. DEPOSIT
$100
Trading Instruments
10,000+
Trading PLATFORMS
- MT4
- MT4
- WebTrader
- IRESS
DEPOSIT METHODS
Visa, MasterCard, PayPal, bank/wire transfer, Neteller, Skrill, and More.
MIN. SPREAD
0.0 pips
MAX. LEVERAGE
1: 500
CURRENCY PAIRS
60+
REGULATED BY
Customer Support
24/5
85
MIN. DEPOSIT
$200
Trading Instruments
3000+
Trading PLATFORMS
- MT4
- MT5
- WebTrader
DEPOSIT METHODS
Bank Wire, VISA, MasterCard, iBank&BankLink, iDEAL, Klarna, Neteller, Przelewy24, Skrill.
MIN. SPREAD
0.6 pips
MAX. LEVERAGE
1:500
CURRENCY PAIRS
47
REGULATED BY
Customer Support
24/6
What is an ECN Broker?
To understand the ECN broker, you must first know what ECN is. The acronym’s letters stand for Electronic Communications Network. The ECN broker is an expert in the financial markets who uses a network, to give you the clients, direct access to the other participants of the market.
The work of an ECN broker is to bring together the quotes from several of the participants in the market and give you tighter bid/ask spreads from the available options.
If you ask most people what they think about ECN forex, they will tell you that it is the future of the forex market. It is best described as a bridge that links the small participants of the market to the liquidity providers. That is how we get an ECN forex broker.
How Do They Link-Up?
To facilitate this linkage, we use a technology named FIX (Financial Information Exchange Protocol). From one end, the ECN forex broker gets the liquidity from the providers and the avails it to the rest of the traders/ clients signed up to the specific ECN broker.
On the other side of it, the ECN broker delivers the orders from the clients to the liquidity providers for the execution of trades.
The work of the ECN is to match and execute the requested orders that are filled automatically. We do this at the best prices available in the market at the time. One of the best things about the ECNs is that one can access the networks any time and they are most efficient ‘after hours’ when trading has cooled down.
That is a benefit of the ECN networks that changes everything when it comes to the traditional ways that the markets operate.
The Efficiency of ECNs
ECNs are known to be very efficient for traders who operate ‘Experts Advisors’ (EAs), especially for automated trading. The efficiency comes from the acceleration in the speed of execution. Some of these ECNs are configured to serve investors from institutions, and others are best suited to the retail investors.
Some of them combine all the features to cross both of the two sectors, making sure that the retail traders have an opportunity to enjoy the similar spreads and quotes that the institutions get. It seems like the ECNs are all about taking efficiency to the next level by levelling the playing field at the most fundamental level.
The Commissions Trading Model
When a broker makes money regardless of whether you make losses or not, your best interests may not be what they have at heart. At the beginning there, we mentioned that the ECN forex brokers do not take money from spreads but rely on commission.
This trading model is unique in that the ECN brokers will never trade against you as a client and that their spreads are much tighter than the ones you will get from standard brokers.
Every transaction has a transparency that is in the form of the commission that they charge. As part of this, trading with us is a massive part of the efficiency that you get from the ECN brokers. That level of efficiency means that at the end of the day, you end up paying lower fees and get the additional trading time that you might not enjoy when using a standard broker.
Using the Best ECN Forex Brokers ensures that you, as the client, can enjoy tighter bid/ask spreads because they gather price quotes from multiple market participants.
Slight Downside
As perfect as ECNs may seem, you must know that there are things we cannot fully control. As with any system, there is always something you will need to know about it that could be a potential downside. In ECN forex brokerage, the commission charged is fixed and is the profit we get for the service we provide.
We are indeed way cheaper and more transparent than the other options you have. The market makers earn by using larger bid/ask spreads and unfair prices. So, calculating the stops and targets can be challenging when you use an ECN broker.
We experience this because the price is always in motion as a result of all the variable spreads. There is a possibility that there could be slippage. It is even more likely when a session overlap. In that situation, clients and other factors, influence the price ticks at the same time.
Find the Best ECN Broker
As with any service provider on the internet, you will need to know where the best ECN brokers can be found. With that in mind, we come in at this point with the good news. It does not have to be a difficult process.
We have researched over several months and made a list of the top ECN brokers. We review them and give you the information, so you do not have to struggle with it.
All the facts and figures you need to pick the best ECN broker are here. We are not brokering ourselves and do not offer financial services. However, we do like to provide information for those who wish to trade.
We look at the following vital components when making the lists you will find on this website:
- We look at broad categorizations of client needs and which ECN broker would be perfect for them.
- We look at what the broker offers
- We find credible sources of reviews from clients using the services
- We test the brokers our personally
- We avoid bonuses and other offers that do not seem to align with the way ECNs work
We hope that as you go through the reviews on this website, you will find the information we offer here to be useful in all the right ways.
Top Rated Online Best Forex Brokers 2023
Rating: 10 Rating: 9 Rating: 7 Rating: 8 Rating: 6 Rating: 5.5
Regulated: CySEC, FCA
Min. Deposit: $ 100
Location: New Providence, Bahamas.
Regulated: ASIC
Min. Deposit: $ 200
Location: NSW, Australia.
Regulated: CySEC
Min. Deposit: $ 1
Location: New Providence, Bahamas.
Regulated: IFSC, CySEC
Min. Deposit: $ 50
Location: Belize, C.A
Regulated: FCA
Min. Deposit: $ 200
Location: London, UK.
Regulated: FCA, ASIC
Min. Deposit: $ 10
Location: Sydney, Australia
