True ECN Brokers 2023
Many traders work with true ECN brokers for several reasons. So, what makes one a true ECN broker? There are several things to look at before we can provide you with an answer to this question. One thing to keep in mind on this ECN trading quest is that it is simple once you get the underlying concepts that make it work.
First, we are going to look at the following things to make sure that everything about true ECN brokers is understood:
- Who are ECN brokers?
- What are the advantages of using an ECN broker?
- How do you identify a True ECN Broker?
With these main issues out of the way, you will not have trouble finding out the best. At the end of this, we are going to list some of the leading brokers who will offer you access to the ECN network with ease. They are just a few of the ones you can trust.
For in-depth information, when you pick the broker to go with, look at our reviews and let the numbers confirm what we will be saying in the next few paragraphs.
At this point, if you ask anyone what the future of forex trading is going to be and they will tell you that ECN brokers are the future. These people would not be wrong in making this assumption. True ECN brokers are the future, and you have to find the true ones.
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
The Return of The Market Makers
As we mentioned in one of our pages, a true ECN account is not cheap to get. When the market makers/dealing desk, brokers realized that this was the case, they decided to leverage it to their advantage and make more money.
So, what they do is, they offer ‘ECN’ broker accounts with reduced deposit requirements. We end up with ECN brokers offering accounts that require minimum deposits that can be anywhere between $50,000 and $100,000, and we have the 'ECN' brokers who have deposits as low as $500.
It is hard to compete there when someone requires you to have 100X more capital to open a true ECN account when you could pay $500 and get it done.
Many traders bought into this gimmick and are now in possession of cheap ECN accounts.
The question here is, are these accounts genuine?
Market makers are critical in providing liquidity, and when they saw that the future of forex was in having true ECN brokers, they decided to fight back in the most aggressive way possible. So, we have the pseudo-ECN brokers, and we have the true ECN brokers.
To make sure that you are placing your money in the right place will require you to know the differences.
The Characteristics of a True ECN Broker
Without wasting any more time, we will list all the things you need to know about the true ECN brokers;
- A true ECN broker only gets the price quotes for currency pairs, straight from the liquidity providers, and then sends them to you. They will provide you with several quotes in this direct-to-market access manner, and you will have to make a choice which trade you would like to make. The orders made on these quotes go back directly to the liquidity providers and are executed without any intervention from a dealing desk.
- With a true ECN broker, you will not have fixed spreads. It is impossible to get a zero spread when working with a true ECN broker. When you open the tick chart of the currency pair, you will be able to see the difference between the bid and ask prices. They will keep changing with each tick.
- Trading with a true ECN broker is based on volume. The minimum trading volume with a true ECN broker is usually 1 standard lot. If you find one that uses micro-lots, the chances are that they are a market maker and not a true ECN broker.
- Because traders need to come up with a large amount of capital to trade on ECN platforms, you will see that they have lower leverage than market makers. It is uncommon to see an ECN broker with a straight-to-market model that has a leverage of more than 1:100
When you are using a true ECN broker, you will generally get several price quotes that are different from each other. This is as a result of them being sourced from various liquidity providers.
What Do You Get from Working with a True ECN Broker?
These are some of the things that you will get to enjoy when you are using a true ECN broker:
Anonymity
With the rise of privacy-based transactions in blockchains, it is only natural that people would want to trade with complete anonymity. The degree of anonymity you will find here is higher than anywhere else in the forex market.
You can take advantage of a neutral price and the actual market conditions. Not only will you be able to enjoy no bias on unbiased estimates using your strategies or current market positions, but you will also be able to use several techniques like the effectiveness of tight spreads and the blazing speeds.
Reliability
You do not want to put your money in the hands of a dishonest broker. That is the reason why ECN brokers are more trustworthy. They use the latest tech to make sure that the execution is quick and without lags.
They will make sure that you have direct access to the interbank market to make sure that you have the actual market price. This kind of honesty and transparency is what you get for spending a lot of money on the commissions.
You will get precisely what you pay for.
Minimal Interference
Most people agree that this might the best advantage you can ever have when you are using a true ECN broker. You will find that they are knowledgeable, reliable, and trustworthy. You will be able to get a lot of flexibility and do whatever you please with your money.
Without a dealing desk, the ECN brokers can execute the orders without any interference. When you have that seamless and direct access to the liquidity providers, you can bet that everything will run well.
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
