Learn To Trade Forex • Best Forex Trading Course • AsiaForexMentor
The Forex brokers world has experienced in the past few years a surge in the growth of new pure breed of brokers called ECN (Electronic Communication Network) brokers. They allow clients to interact directly with each other. An ECN Forex broker executes a client’s trade order by matching it with that of clients on the other end of the trade or interested third parties.
Selecting the most suitable ECN broker out of the several options can be an uphill task even for experts. The fact that some traditional brokers also provide ECN-type of accounts besides other trading accounts complicates matters further. In the table beloW, you can find a review of ECN Forex brokers and all the information you need to know to choose the best one one.
Rank | Forex Broker | Founded | Regulated | Reviews | Payment Systems | Broker Type | Min. Deposit | Max. Leverage | Live Spread Euro/USD | Deposit Bonus | Accounts | Scalping | Bank Broker | VIP accounts | Micro accounts | Cent accounts | Hedging | No deposit Bonus | ECN accounts | Swap-free accounts | Trading instruments | Accepting US traders? | Provision of VPS | STP accounts | Phone Trading | 24-hour support | Number of CFD assets | Mobile trading | Accrual of % to deposit | Trust management | Affiliate program | Country of Headquarters | Countries of offices | Deposit Currency | Trading Conditions | Mobile Trading | Auto Trading | Deposit Method | Withdrawal Method | Trading Platform | Web-based Platform | Number of currency pairs | Stock exchange instruments | Entry to Stock Exchange | Support live chat | FAQ | support language | support website language | Standarad Accounts | Segregated Accounts | Unlimited Demo | Forigen Currency accounts | OCO orders | Trailing Stop | Gauranted Stop Loss | Cashback Rebate | Self-developed trading platform | Availability of API | Autochartist support | Trading signals | Trading with expert advisers | Speed of order execution | Maximum number of trades | Maximum position size | Locked Margin level | Stop Out level | Margin Call level | Fixed Spread | Floating Spread | 4 Digit Quotes | 5 Digit Quotes | No deposit Bonus | Add to Comparison |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1
|
AVATrade | 2006 | ASIC, CBI | Yes |
|
NDD | 100 $ | 1:400 | N/A | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 200 | iOS, Android | - | PAMM | - | Ireland | Australia, Germany | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | Yes | 47 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | 500 | - | - | 10% | 10% | live spread | - | - | - | - |
Added
|
||
2
|
RoboForex | 2008 | IFSC | Yes |
|
NDD, ECN | 0 $ | 1:2000 | N/A | 50 % |
Real
Demo
|
Yes | - | No | No | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 8700 | iOS, Android | 10 | LAMM, MAM | - | Belize | Belize | - | Trading conditions | iOS, Android | MQL.5 Signals | ["MetaTrader 4, MetaTrader 5"] | Yes | Yes | 50 | Promotions, Depositary Receipts (ADR and GDR) | Entry to stock exchanges | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | No limit | 100 лотов | 25% | 10% | 40% | spread | - | - | - | - |
Added
|
||
3
|
Forex4you | 2007 | FSC | NO |
|
NDD, STP | 50 $ | 1:1000 | N/A | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | - | iOS, Android | - | PAMM | - | British Virgin Islands | British Virgin Islands, Vietnam | - | Trading conditions | iOS, Android | - | [""] | - | - | 39 | - | - | yes | yes | English, Vietnamese | English, Vietnamese | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | No limit | - | - | - | - | No | No | Yes | Yes | - |
Added
|
||
4
|
Interactive Brokers | 1977 | FCA, CFTC | No |
|
MM | 1000 $ | 1:200 | N/A | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 495 | iOS, Android | - | - | - | USA | United Kingdom, Hong Kong | - | Trading conditions | iOS, Android | - | [""] | Yes | Yes | 91 | Promotions, Futures | NASDAQ (US), CME (USA) | yes | yes | English, Spanish | English, Spanish | - | - | - | - | No | Yes | No | No | No | No | No | No | - | - | - | - | - | - | Yes | No | Yes | No | - |
Added
|
||
5
|
GrandCapital | 2006 | - | Yes |
|
STP | 1 $ | - | - | 25 $ |
Real
Demo
|
No | - | - | - | - | No | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 400 | iOS, Android | - | - | - | Russia | Azerbaijan, Bangladesh | - | Trading conditions | iOS, Android | MQL.5 Signals | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | Yes | 20 | Promotions, Futures | NASDAQ (US), CME (USA) | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | No limit | 1000 лотов | 25 % | 20 % | 50 % | No | Yes | Yes | Yes | - |
Added
|
||
6
|
FreshForex | 2004 | KROUFR | Yes |
|
NDD, MM | 100 $ | 1:500 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 130 | iOS, Android | 36 | PAMM, LAMM | - | Russia | Saint Vincent and the Grenadines | - | Trading conditions | iOS, Android | - | ["MetaTrader 4"] | No | No | 390 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.1 sec. | No limit | 100 лотов | 25 % | 20 % | 40 % | No | Yes | Yes | Yes | - |
Added
|
||
7
|
OANDA | 1996 | ASIC, FCA | Yes |
|
- | 10000 $ | 1:100 | - | - |
Real
Demo
|
Yes | - | - | - | - | No | - | - | - | Currency, CFD’s | - | No | - | No | yes | - | iOS, Android | - | - | - | USA | Australia, Bangladesh | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Oanda FxTrade"] | Yes | Yes | 73 | - | - | yes | yes | English, Spanish | English, Spanish | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | - | - | No | Yes | Yes | No | - |
Added
|
||
8
|
FXCM | 1999 | ASIC, FCA | Yes |
|
NDD | 100 $ | 1:500 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 57 | iOS, Android | - | LAMM, MAM | - | USA | Australia, United Kingdom | - | Trading conditions | iOS, Android | - | ["FXCM Trading Station, MetaTrader 4"] | Yes | Yes | 37 | - | - | yes | yes | English | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.2 sec. | No limit | - | - | 100 % | 100 % | No | Yes | No | Yes | - |
Added
|
||
9
|
XM.COM | 2009 | ASIC, IFSC | Yes |
|
ECN | 0$ | 1:500 | N/A | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | - | iOS, Android | - | PAMM, MAM | - | Cyprus | Australia, Belize | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, MetaTrader 5"] | Yes | No | 390 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.001 sec | 200 | 100 лотов | - | 50% | 100% | No | Yes | No | Yes | - |
Added
|
||
10
|
Swissquote | 1996 | FINMA | Yes |
|
STP | 250 $ | 1:50 | - | - |
Real
Demo
|
No | - | - | - | - | No | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 200 | iOS, Android | - | - | - | Switzerland | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Advanced Trader"] | No | No | - | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | No | No | No | No | No | No | No | - | No limit | No limit | 1 % | 0 % | 0 % | No | Yes | Yes | No | - |
Added
|
||
11
|
FXDD | 2002 | MFSA | No |
|
NDD, ECN | 100 $ | - | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 95 | iOS, Android | - | - | - | Malta | - | - | Trading conditions | iOS, Android | - | ["Jforex, MetaTrader 4"] | Yes | Yes | 59 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | - | - | No | Yes | Yes | No | - |
Added
|
||
12
|
ActivTrades | 2001 | FCA, CNMV | Yes |
|
NDD | 0 $ | 1:500 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 94 | iOS, Android | - | - | - | Estonia | Bulgaria, United Kingdom | - | Trading conditions | iOS, Android | - | [""] | - | - | - | - | - | yes | yes | English, Arab | English, Spanish | - | - | - | - | No | No | No | No | No | No | No | Yes | 0.5 sec. | No limit | 100 лотов | 50 % | 30 % | 100 % | No | Yes | Yes | Yes | - |
Added
|
||
13
|
Admiral Markets | 2001 | FCA, CNMV | No |
|
NDD, ECN | 0 $ | 1:1000 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 68 | iOS, Android | - | PAMM | - | Vanuatu | - | - | Trading conditions | iOS, Android | MQL.5 Signals | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | No | - | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | 100 | 1000 лотов | - | 20 % | 40 % | No | Yes | Yes | Yes | - |
Added
|
||
14
|
NordFX | 2008 | SEBI, VFSC | Yes |
|
NDD, ECN | 1 $ | 1:200 | - | 100% |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, Cryptocurrencies | - | No | - | Yes | yes | 334 | iOS, Android | - | - | - | Saint Vincent and the Grenadines | India, Thailand | - | Trading conditions | iOS, Android | MQL.5 Signals | ["MetaTrader 4"] | No | No | - | Promotions, Futures | NASDAQ (US), CME (USA) | yes | yes | English, Russian | English, Russian | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.005 sec. | 200 | 100 лотов | 25 % | 20 % | 100 % | No | No | Yes | Yes | - |
Added
|
||
15
|
IFC Markets | 2006 | FSC, CySEC | No |
|
STP | 100 $ | 1:300 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | - | iOS, Android | - | - | - | Latvia | Latvia | - | Trading conditions | iOS, Android | - | ["NetTradeX, MetaTrader 4"] | Yes | Yes | - | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | No | 0.4 sec. | 200 | No limit | - | 200 % | 100 % | No | No | Yes | No | - |
Added
|
||
16
|
Alfa-Forex | 2016 | CBR | No |
|
NDD | 500 $ | 1:500 | - | - |
Real
Demo
|
Yes | Yes | - | - | - | Yes | - | - | - | Currency | - | No | - | Yes | yes | - | iOS, Android | - | - | - | Cyprus | - | - | Trading conditions | iOS, Android | - | [""] | - | - | - | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | No | - | No limit | - | - | 20 % | - | No | Yes | Yes | No | - |
Added
|
||
17
|
MultiBank Group | 2005 | ASIC | No |
|
NDD, ECN | 0 $ | 1:500 | N/A | - |
Real
Demo
|
No | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 20000 | iOS, Android | - | PAMM, LAMM | - | Hong Kong | - | - | Trading conditions | iOS, Android | MQL.5 Signals | ["MetaTrader 4, MetaTrader 5"] | Yes | No | 39 | - | - | yes | yes | English, Arab | English | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.1 sec | - | - | 50% | 50% | 50% | No | Yes | No | Yes | - |
Added
|
||
18
|
Plus500 | - | - | - |
|
- | 1 $ | 1:5000 | - | - |
Real
Demo
|
No | - | - | - | - | No | - | - | - | Currency, CFD’s | - | No | - | No | yes | - | iOS, Android | - | PAMM | - | - | - | - | Trading conditions | iOS, Android | - | [""] | No | No | 109 | - | - | yes | yes | English, Polish | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | No | - | - | 1000 лотов | - | 10 % | 30 % | Yes | No | Yes | No | - |
Added
|
||
19
|
IG | 1974 | ASIC, FCA | No |
|
DMA, MM | 1 $ | 1:400 | - | - |
Real
Demo
|
Yes | Yes | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | - | iOS, Android | - | - | - | Singapore | Russia, Singapore | - | Trading conditions | iOS, Android | - | ["MetaTrader 4"] | Yes | Yes | - | - | - | yes | yes | English, Russian | English, Indonesian | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | - | - | No | Yes | No | No | - |
Added
|
||
20
|
CMC Markets | 1989 | ASIC, FCA | Yes |
|
NDD, STP | 100 $ | 1:500 | - | - |
Real
Demo
|
No | - | - | - | - | No | - | - | - | Currency, CFD’s | - | No | - | No | yes | 44 | iOS, Android | - | - | - | Saint Vincent and the Grenadines | United Kingdom | - | Trading conditions | iOS, Android | - | ["CMC Next Generation"] | Yes | Yes | 27 | - | - | yes | yes | English, Indonesian | English, Bengal | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.1 sec. | - | - | - | 15 % | 25 % | No | Yes | No | Yes | - |
Added
|
||
21
|
Fort Financial Service | 2010 | IFSC | No |
|
NDD, ECN | 5 $ | 1:1000 | - | 50 % |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | * | iOS, Android | 5 | - | - | Belize | Malaysia | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, NinjaTrader"] | Yes | No | 35 | Promotions | NASDAQ (US), CME (USA) | yes | yes | English, Spanish | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.1 sec. | - | 100 лотов | - | 10 % | 30 % | No | No | Yes | Yes | - |
Added
|
||
22
|
Capital.com | 2016 | ASIC, FCA | No |
|
NDD, ECN | - | - | N/A | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | - | yes | - | - | - | - | - | blank | blank | - | - | - | - | [""] | - | - | - | - | - | yes | yes | - | - | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | - | - | - | - | - | - | - |
Added
|
||
23
|
Forex.ee | 2004 | FSA | No |
|
NDD, ECN | - | 1:500 | - | 15 % |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, Cryptocurrencies | - | No | - | No | yes | 51 | iOS, Android | - | PAMM | - | Saint Vincent and the Grenadines | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | No | 45 | - | - | yes | yes | English | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 15 % | 30 % | No | No | Yes | Yes | - |
Added
|
||
24
|
Instaforex | 2007 | RAUFR | Yes |
|
ECN, STP | 0 $ | 1:1000 | N/A | 30 % |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | Yes | yes | 200 | iOS, Android | 13 | PAMM | - | Russia | Bangladesh, Ghana | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, MetaTrader 5"] | Yes | No | 390 | - | - | yes | yes | English, Bulgarian | Azerbaijani, English | - | - | - | - | No | Yes | No | No | No | No | No | Yes | 0.1 sec. | - | - | 50% | 50% | 50% | No | Yes | Yes | No | - |
Added
|
||
25
|
TrioMarkets | 2014 | CySEC | Yes |
|
ECN, STP | 0 $ | 1:300 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 101 | iOS, Android | - | PAMM, MAM | - | Singapore | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | No | 49 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 30 % | 200 % | Yes | No | Yes | No | - |
Added
|
||
26
|
Haitong | 2010 | MAS | No | - | NDD, ECN | 100 $ | 1:50 | - | - |
Real
Demo
|
Yes | Yes | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 100 | iOS, Android | - | - | - | Singapore | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Currenex Classic"] | Yes | No | 6 | - | - | yes | yes | English, Chinese | English, Chinese | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 50 % | 100 % | No | Yes | Yes | No | - |
Added
|
||
27
|
FXCitizen | 2010 | VFSC | No | - | NDD, ECN | 0 $ | 1:1000 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency | - | No | - | No | yes | 38 | iOS, Android | - | - | - | Belize | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | No | 35 | - | - | yes | yes | English, Chinese | English, Chinese | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 30 % | 100 % | No | Yes | Yes | Yes | - |
Added
|
||
28
|
Land FX | 2013 | FCA, FSCS | No |
|
NDD, ECN | 0 $ | 1:500 | - | 10 % |
Real
Demo
|
No | - | - | - | - | No | - | - | - | - | - | No | - | No | yes | - | iOS, Android | - | - | - | United Kingdom | Egypt, Indonesia | - | Trading conditions | iOS, Android | Zulutrade | [""] | Yes | No | - | - | - | yes | yes | English, Arab | English, Vietnamese | - | - | - | - | No | No | No | No | No | No | No | No | - | - | - | - | - | - | Yes | Yes | No | No | - |
Added
|
||
29
|
Pepperstone | 2010 | ASIC | Yes |
|
ECN | 300 $ | 1:400 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 93 | iOS, Android | - | MAM | - | Australia | China, USA | - | Trading conditions | iOS, Android | Zulutrade | ["MetaTrader 4, cTrader"] | Yes | No | 31 | - | - | yes | yes | English, Russian | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 20 % | 90 % | No | No | No | Yes | - |
Added
|
||
30
|
Alpari | 1998 | IFSC, NAFD | Yes |
|
ECN | 1 $ | 1:500 | N/A | 100 % |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, Cryptocurrencies | - | No | - | Yes | yes | 59 | iOS, Android | - | PAMM | - | Russia | Belize, Belarus | - | Trading conditions | iOS, Android | - | [""] | Yes | No | 44 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | 1000 лотов | - | 50% | 100% | No | Yes | Yes | Yes | - |
Added
|
||
31
|
Vantage FX | 2009 | ASIC | Yes |
|
ECN | 200 $ | 1:500 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | 56 | iOS, Android | - | PAMM, MAM | - | Australia | - | - | Trading conditions | iOS, Android | Zulutrade | ["MetaTrader 4, MetaTrader 5"] | Yes | No | 38 | - | - | yes | yes | English | English, Vietnamese | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 50 % | 80 % | No | No | No | Yes | - |
Added
|
||
32
|
Abshire-Smith | 2011 | FCA, FSCS | No | - | STP, DMA | 1 $ | 1:200 | - | - |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, CFD’s | - | No | - | No | yes | - | iOS, Android | - | - | - | United Kingdom | - | - | Trading conditions | iOS, Android | - | ["MetaTrader 4, Vortex MT"] | Yes | No | 20 | Promotions, Futures | NASDAQ (US), NYSE (USA) | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | - | - | - | 5 % | 5 % | Yes | No | No | Yes | - |
Added
|
||
33
|
FXOpen | 2005 | ASIC, FCA | Yes |
|
ECN, STP | 100 $ | 1:50 | N/A | 1 % |
Real
Demo
|
Yes | - | - | - | - | Yes | - | - | - | Currency, Cryptocurrencies | - | No | - | Yes | yes | 70 | iOS, Android | - | - | - | Russia, Saint Kitts and Nevis | New Zealand | - | Trading conditions | iOS, Android | Zulutrade | ["MetaTrader 4, Meta Trader 4 Mobile"] | Yes | No | 50 | - | - | yes | yes | English, Arab | English, Arab | - | - | - | - | No | Yes | No | No | No | No | No | Yes | - | No limit | 1000 лотов | - | 10% | 20% | No | Yes | Yes | Yes | - |
Added
|