Home » Compare ECN Brokers

Showing 14 total brokers suitable for you.

Why Compare Broker?

Compare Broker is the fastest way to compare 100+ of the best regulated online trading brokers, so that you can find a reputable and affordable broker faster.

While our site is free to use, some links to brokers use affiliate links which means that - at zero cost to you - we may earn a commission if you sign up for a broker from our site.

Platform

Regulator

Features

Account Type

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Pepperstone
Regulated by: Financial Conduct Authority, UK, BaFIN, SCB, DFSA and ASIC

Over 10 years in business
HQ in Australia
Additional Funding Methods: BPay, POLi, UnionPay, Skrill, Neteller

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Eightcap
Trade CFDs on FX, Indices and more with a globally trusted MT4 broker. Start trading on low spreads with Eightcap today and choose from over 200 financial instruments.

Established in 2009

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.5 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Equiti
Equiti is a pioneering fintech firm and world-class provider of online trading technology and multi-asset financial products. With over 300 global specialists and 24/6 customer service in 9 languages, Equiti provides clients with access to individual, professional and institutional brokerage services across various affiliates and subsidiaries.

Established in 2008

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

axi axitrader

Axi

Spreads from
EURUSD:
0.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Axi
Regulated by: FCA, ASIC

Established in 2007

Used by 221,000+ traders

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ForexVox
Regulated by: Financial Conduct Authority and Financial Services Authority of the Seychelles

Established in 2019
Clients of Seychelles entity can have leverage of up to 1000:1

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.2 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Alchemy Markets
Trade with a first class broker

Established in 2014

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.00 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Forex.com
Regulated by: Financial Conduct Authority.

Established in 1999
HQ in United States.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Admiral Markets
Regulated by: Financial Conduct Authority, CySEC.

Established in 2001
HQ in UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ForexTime
Regulated by: CySEC.

Established in 2011
HQ in Cyprus, UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.3 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Roboforex

Established in 2009

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About InterTrader

Established in 2009

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About IC Markets

Established in 2007

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ICM Capital

Established in 2009

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Exness
Regulated by: CySEC, CRFIN, BaFin, AFM, Banque de France, CNMV, CONSOB, FI, KNF.

Established in 2008
HQ in Cyprus.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Find The Best ECN Broker

The Electronic Communication Network (ECN) technique of transaction execution is one of the most efficient trading systems accessible to individual traders. This is because ECN brokers give traders with access to the real currency price established by the large banks (who operate as liquidity providers), as well as showing the trader’s orders in the market.

In the market making system, pricing and order fulfilment are handled internally by the market maker’s dealing desk. As a result, ECN brokerages provide a non-dealing desk environment, allowing traders to trade against other traders and banks rather than the broker itself.

What Are The Challenges In Using An ECN Broker?

Traders must deal with changeable spreads (which can widen in an instant when volatility is strong) as well as fees for trade entry and exit.

Minimum transaction sizes are often substantially bigger, and because to the commission price when entering and exiting a position, smaller trades are not as practical.

Clients must fulfil minimal trading conditions in order to obtain the best pricing. This is usually not an issue for traders who match specific criteria and profit from reduced pricing.

What Are The Advantages of Using An ECN Broker?

Traders can choose which bid and ask prices to utilise for their orders because the pricing is given by many liquidity sources.

All trading methods, including scalping, are acceptable on ECN platforms since ECN brokers make more money based on the size of the transaction flow than than whether or not clients win or lose trades.

ECN brokers may fill bigger orders since transactions are routed to many liquidity sources rather than just one buyer/seller.

With access to the Order Book, traders on the ECN platform may see the bids and ask prices at which other market participants are trading. This will give you an indication of where the order flows are headed.

Are ECN Brokers Good?

It really depends on your style of trading and what you want to achieve. Above we have highted both advantages and disadvantages. For day traders, ECN brokers could be great as they try to make use of higher volatility or try to scalp the markets as many brokers do not allow scalping. So the answer is really what are you are trying to achieve and that will answer the question.

To conclude, there are brokers that offer ECN brokerages and are known as the best ECN brokers in the industry and at the same time they also offer traditional brokerage services as well.