Last update: 16 March 2020
5 min read

Best MetaTrader4 ECN Forex Brokers

ECN Forex brokers are a big improvement for traders because they bring a level of transparency to the Forex market. An ECN Forex broker passes on prices from multiple market participants, for example market makers and banks, as well as other traders connected to the ENC, and displays the best bid/ask quotes on their platforms, based on these prices.

ECN stands for Electronic Communications Networks, and have a big advantage over dealing desks, where trades are often against their clients, which is an obvious conflict of interest. MT4 ECN Forex brokers are a fast emerging section in the Forex market and new brokers open their doors on a regular basis.

ECN Forex brokers give traders and market makers a marketplace where they can place bids against each other. Deposit requirements are usually higher than with a standard Forex broker, but there are a number of advantages. Scalping and lower spreads being just a couple of examples.

ECN’s work by taking out the middle man

An ECN works by passing on prices from a number of different participants, such as market makers, banks, and other traders connected to the ECN. The best bid/ask quotes are listed on their trading platforms based on these prices. An ECN broker serves as the counterpart to the transaction. However, the difference is they operate on a settlement, rather than pricing basis. Spreads of currency pairs vary on an ECN, and depend on the trading activity of the pair. Sometimes there will be no ECN spread at all. For example, when trading is very active, and particularly very liquid currency pairs and some currency crosses.

A fixed commission is usually charged to customers by ECN Forex trading brokers, and this is how they make their money. They also play no role in making or setting prices. And for this reason the risk of price manipulation for retail traders is greatly reduced.

There are two types of ECN:ecn Forex brokers

  • Retail ECN – These offer quotes from a few banks and other traders on the network to the retail trader.
  • Institutional ECN – These convey the best bid/ask price from a number of institutional market makers like banks, to other banks and institutions. For example, large corporations and hedge funds.

The advantages of using MT4 ECN Forex brokers

  • Anonymity – ECN trading is completely anonymous. This allows traders to deal on neutral prices that are a reflection of real market conditions only. They are not biased against the client based on tactics, current market positions, or Forex trading strategies.
  • Trade execution is instant – MT4 ECN Forex brokers trade instantly via live streaming. This means a trader gets the best executable prices and confirmation is immediate. There is no dealing desk, and no re-quotes.
  • Trading client-to-bank – Traders are able to trade on the global liquidity of big name banks and expert financial institutions.
  • Automated trading and market data – Traders can make use of various plug-ins, indicators, and expert advisors help make a semi- or fully automated Forex trading system.

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
95.5
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
Check Website
Help!
Exit tooltip
Trading Instruments
4,500+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/DMA
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, PayPal and more
Min. Spread
0.8pips
Max. Leverage
1:400
Currency Pairs
91
Regulated By
FCAFCA
ASICASIC
CIMACIMA
IIROCIIROC
Customer Support
24/5
93.8
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
15%
Help!
Exit tooltip
Trading Instruments
50+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/NDD
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, PaySafe, ePay, E-Wallet and more
Min. Spread
1.4pips
Max. Leverage
1:200
Currency Pairs
36
Regulated By
IFSCIFSC
Customer Support
24/5
94
Points
Users
Used by
125,000+ Traders
Min. Deposit
$250
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
60+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, ACH
Min. Spread
0.25pips
Max. Leverage
N/A
Currency Pairs
10
Regulated By
FSA(SVG)FSA(SVG)
Customer Support
Trading Hours Only

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
94.8
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
10,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN/DMA
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more
Min. Spread
1.1pips
Max. Leverage
1:500
Currency Pairs
61
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
96.5
Points
Users
Used by
100,000+ Traders
Min. Deposit
$250
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
350+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Netseller, Trustly, Paysafe, PayPal
Min. Spread
2.8pips
Max. Leverage
1:500
Currency Pairs
50
Regulated By
CySecCySec
Customer Support
07:00 – 17:00 GMT

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
94.8
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
10,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN/DMA
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more
Min. Spread
1.1pips
Max. Leverage
1:500
Currency Pairs
61
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
93
Points
Users
Used by
140,000+ Traders
Min. Deposit
$100
Bonus
50% first time deposit bonus
Help!
Exit tooltip
Trading Instruments
200+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, American Express, Union Pay and more
Min. Spread
0.9pips
Max. Leverage
1:400
Currency Pairs
103
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
92.5
Points
Users
Used by
13,000,000+ Traders
Min. Deposit
$1
Bonus
100%
Help!
Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet
Min. Spread
1pips
Max. Leverage
1:3000
Currency Pairs
35
Regulated By
CySecCySec
IFSCIFSC
Customer Support
24/5
92.8
Points
Users
Used by
140,000+ Traders
Min. Deposit
$-
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
1,800+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank transfer, Visa, Mastercard, E-wallets
Min. Spread
1.4pips
Max. Leverage
1:500
Currency Pairs
49
Regulated By
FCAFCA
CySecCySec
IFSCIFSC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
90.8
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
2,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank transfer, Visa, MasterCard, PayPal, Trustly
Min. Spread
0.7pips
Max. Leverage
1:30
Currency Pairs
71
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
ASICASIC
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
94.5
Points
Users
Used by
100,000+ Traders
Min. Deposit
$150
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
4,500+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
No Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, PayID, PayPal and more
Min. Spread
0.5pips
Max. Leverage
1:500
Currency Pairs
84
Regulated By
FCAFCA
ASICASIC
Customer Support
24/5
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
95
Points
Users
Used by
Traders
Min. Deposit
$50
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
80+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/NDD
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, BitPay, VLoan and more
Min. Spread
1.1pips
Max. Leverage
1:777
Currency Pairs
62
Regulated By
IFSCIFSC
Customer Support
N/A
92.5
Points
Users
Used by
100,000+ Traders
Min. Deposit
$200
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
150+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
NDD
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay and more
Min. Spread
1pips
Max. Leverage
1:500
Currency Pairs
61
Regulated By
FCAFCA
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
95
Points
Users
Used by
Traders
Min. Deposit
$50
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
80+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/NDD
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, BitPay, VLoan and more
Min. Spread
1.1pips
Max. Leverage
1:777
Currency Pairs
62
Regulated By
IFSCIFSC
Customer Support
N/A
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
92.8
Points
Users
Used by
140,000+ Traders
Min. Deposit
$-
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
1,800+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Check Private
Deposit Methods
Bank transfer, Visa, Mastercard, E-wallets
Min. Spread
1.4pips
Max. Leverage
1:500
Currency Pairs
49
Regulated By
FCAFCA
CySecCySec
IFSCIFSC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
94
Points
Users
Used by
100,000+ Traders
Min. Deposit
$5
Bonus
$25 Non-Deposit Bonus**
Help!
Exit tooltip
Trading Instruments
1,388
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Neteller, Skrill, Bitcoin, Sofort and more
Min. Spread
1pips
Max. Leverage
1:888
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
ASICASIC
IFSCIFSC
Customer Support
24/5
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
94.3
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
100%
Help!
Exit tooltip
Trading Instruments
160
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Netseller, Sofort
Min. Spread
1pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FSCAFSCA
FSA(SVG)FSA(SVG)
Customer Support
24/5
92.5
Points
Users
Used by
13,000,000+ Traders
Min. Deposit
$1
Bonus
100%
Help!
Exit tooltip
Trading Instruments
70+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, PerfectMoney, bitwallet
Min. Spread
1pips
Max. Leverage
1:3000
Currency Pairs
35
Regulated By
CySecCySec
IFSCIFSC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
94.8
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
10,000+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN/DMA
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal and more
Min. Spread
1.1pips
Max. Leverage
1:500
Currency Pairs
61
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5
95.5
Points
Users
Used by
100,000+ Traders
Min. Deposit
$100
Bonus
Check Website
Help!
Exit tooltip
Trading Instruments
4,500+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/DMA
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, PayPal and more
Min. Spread
0.8pips
Max. Leverage
1:400
Currency Pairs
91
Regulated By
FCAFCA
ASICASIC
CIMACIMA
IIROCIIROC
Customer Support
24/5
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
92.8
Points
Users
Used by
1,000,000+ Traders
Min. Deposit
$100
Bonus
up to 5,000
Help!
Exit tooltip
Trading Instruments
300+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Neteller, Skrill, WebMoney
Min. Spread
1.8pips
Max. Leverage
1:200
Currency Pairs
69
Regulated By
FCAFCA
CySecCySec
CIMACIMA
Customer Support
24/5
93
Points
Users
Used by
140,000+ Traders
Min. Deposit
$100
Bonus
50% first time deposit bonus
Help!
Exit tooltip
Trading Instruments
200+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay, American Express, Union Pay and more
Min. Spread
0.9pips
Max. Leverage
1:400
Currency Pairs
103
Regulated By
CySecCySec
ASICASIC
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
94
Points
Users
Used by
100,000+ Traders
Min. Deposit
$5
Bonus
$25 Non-Deposit Bonus**
Help!
Exit tooltip
Trading Instruments
1,388
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Neteller, Skrill, Bitcoin, Sofort and more
Min. Spread
1pips
Max. Leverage
1:888
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
ASICASIC
IFSCIFSC
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
95
Points
Users
Used by
Traders
Min. Deposit
$50
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
80+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/NDD
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, BitPay, VLoan and more
Min. Spread
1.1pips
Max. Leverage
1:777
Currency Pairs
62
Regulated By
IFSCIFSC
Customer Support
N/A
94.3
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
100%
Help!
Exit tooltip
Trading Instruments
160
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Netseller, Sofort
Min. Spread
1pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FSCAFSCA
FSA(SVG)FSA(SVG)
Customer Support
24/5

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
94
Points
Users
Used by
100,000+ Traders
Min. Deposit
$5
Bonus
$25 Non-Deposit Bonus**
Help!
Exit tooltip
Trading Instruments
1,388
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Neteller, Skrill, Bitcoin, Sofort and more
Min. Spread
1pips
Max. Leverage
1:888
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
ASICASIC
IFSCIFSC
Customer Support
24/5
95
Points
Users
Used by
Traders
Min. Deposit
$50
Bonus
No Information
Help!
Exit tooltip
Trading Instruments
80+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/NDD
Trading Platforms
No Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
No Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Skrill, Neteller, BitPay, VLoan and more
Min. Spread
1.1pips
Max. Leverage
1:777
Currency Pairs
62
Regulated By
IFSCIFSC
Customer Support
N/A

Best and most trusted forex brokers in November 2020

All the brokers below have been ranked using our tested methodology and are available in:
Advertiser disclosure Information
94.3
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
100%
Help!
Exit tooltip
Trading Instruments
160
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Skrill, Netseller, Sofort
Min. Spread
1pips
Max. Leverage
1:1000
Currency Pairs
50
Regulated By
FSCAFSCA
FSA(SVG)FSA(SVG)
Customer Support
24/5
96.5
Points
Users
Used by
1,800,000 Traders
Min. Deposit
$10
Bonus
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Min. Spread
1.2pips
Max. Leverage
1:2000
Currency Pairs
59
Regulated By
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Customer Support
N/A
94.6
Points
Users
Used by
2,000,000+ Traders
Min. Deposit
$5
Bonus
Cashback
Help!
Exit tooltip
Trading Instruments
90+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
STP/ECN
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank TransferBank transfer, Visa, MasterCard, E-Wallets and more
Min. Spread
1.2pips
Max. Leverage
1:1000
Currency Pairs
60
Regulated By
FCAFCA
Customer Support
24/5
94
Points
Users
Used by
100,000+ Traders
Min. Deposit
$5
Bonus
$25 Non-Deposit Bonus**
Help!
Exit tooltip
Trading Instruments
1,388
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
Help!
Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
Help!
Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
Help!
Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, Mastercard, Neteller, Skrill, Bitcoin, Sofort and more
Min. Spread
1pips
Max. Leverage
1:888
Currency Pairs
57
Regulated By
FCAFCA
CySecCySec
ASICASIC
IFSCIFSC
Customer Support
24/5
96.8
Points
Users
Used by
200,000+ Traders
Min. Deposit
$100
Bonus
Up to 20%
Help!
Exit tooltip
Trading Instruments
250+
Help!
Trading instruments, or securities, are the various market types you can trade. Examples include CFDs, stocks, currencies, metals, and commodity futures. Exit tooltip
Type of Brokers
Market Maker
Trading Platforms
Check MT4
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Platform for trading Forex, analysing financial markets and using expert advisors. Exit tooltip
Check MT5
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Multi-asset platform for trading Forex and CFDs. Exit tooltip
Check Mobile App
Check WebTrader
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Trade online without downloading any software. Exit tooltip
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Min. Spread
0.6pips
Max. Leverage
1:400
Currency Pairs
55
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Customer Support
24/5

What does ECN mean?

ECN stands for electronic communication network, and is a type of computerized network that allows the trading of financial products, outside the usual stock exchanges. ECN’s have been around since 1969, when Instinet, the first, was created. Currency trading via ECN didn’t begin until much later, 1999 in fact. There are a number of companies currently providing access to an electronic trading system. And they provide streaming quotes from top tier banks and other institutions across the globe.

Choosing the best ECN Forex broker

ECN Forex brokers are different to market makers in that they never trade against their clients. This has made trading with this type of broker, especially MT4 ECN Forex brokers, a very popular option. Especially long-term traders who want solid trading conditions.

It’s only fair to mention that some of the so-called ECN brokers are not what they seem. Ask a few simple questions, and you’ll be able to determine the true ECN brokers.

Is the broker offering variable or fixed spreads? A true ECN broker only offers variable or floating spreads.

Does the broker have a dealing desk? Any mention of a dealing desk on the broker’s website and you can be pretty certain it’s not a real ECN broker. If there is no mention of a dealing desk you can still check whether the broker uses one by opening a real and a demo account. If there is a difference in pips being offered during news reports the broker is not a true ECN broker.

Is there negative slippage during trading? The answer should be no if you’re looking for a real MT4 ECN Forex trading broker.

Does the broker offer flexibility? A true ECN broker allows you to place a trade bigger than 5 standard lots.

Does the broker charge a commission? When trading with an ECN Forex broker there will always be a commission. Depending on the broker, it usually ranges from $5 to $12 per $100,000 of volume per side.

Now you’ve found a bona fide ECN Forex broker you need to be sure it’s the right one for your trading needs. Don’t settle for the first name you find, but pick a few and compare spreads, trading conditions, and regulation. Only then will you be certain to pick one that meets your needs. We’ll be featuring some top rated ECN Forex brokers so keep our site as one of your favorites. And keep revisiting for the latest information.

Choosing the right type of broker will make a big difference to trading performance. A brilliant trading opportunity will quickly turn into a loss if the broker executes trades slowly. And if the price isn’t the one you want, dollar signs will quickly turn to dust. It’s vital to carefully weigh up all the pros and cons of each broker before signing on the dotted line and starting to trade. Our aim is to provide all the best advice for you to make an informed choice.

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