What is ECN?ECN means Electronic Communication Network and generally refers to the electronic network of banks. This network is designed to match automatically bid and ask orders and to execute transactions without any intervention. Via the use of the ECN network participants in different geographic locations can easily trade with each other without the need for a middleman.
| ECN / STP Broker | COMPANY INFO | TRADING INFO | ACCOUNT INFO | ACCOUNT OPENING |
|
ROBOFOREX
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Established: 2009 Regulated: FSC Belize Client Account Segregation: Yes US Traders: No Swap-Free Accounts: Yes |
ECN/STP
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Promotion: Rebates, Interest on Balance, Credit Bonuses Minimum Deposit: $10
Wire, Cards, Skrill, Neteller, UnionPay, Western Union, PerfectMoney Account Currencies: Euro, US dollar |
Good for day trading and scalping.
|
|
LQDFX
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Established: 2015 Regulated: (N/A) Client Account Segregation: Yes US Traders: No Swap-Free Accounts: Yes |
STP
|
Bonus: 100% Cash Bonus up to $20,000 -You can withdraw it after meeting volume requirements Min. Deposit: 20 USD
Cards, Bank Wire, Neteller, Skrill, FasaPay, UnionPay, and Upaid card |
A 100% welcome bonus, that you can withdraw. |
|
AXI
|
Established: 2007 Regulated: ASIC, FCA UK Client Account Segregation: Yes US Traders: No Swap-Free Accounts: Yes |
ECN/STP
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Promotion: Autochartist, PsyQuation Coaching Minimum Deposit: $10
Wire, Cards, Skrill, Neteller, BPay Account Currencies: Euro, US dollar, Pound Sterling, and 7 more currencies |
AXI is a nice place for automated trading offering very tight spreads, good order execution, and safety of trading funds. |
|
FP MARKETS
|
Established: 2005 Regulated: ASIC, CySEC Client Account Segregation: Yes US Traders: No Swap-Free Accounts: Yes |
ECN
|
Promotion: Autochartist, TradingCentral, Free VPS Contests:
Min. Deposit: 100 USD
Wire, Cards, Skrill, Neteller, Fasapay |
Large broker offering a very wide asset index (Forex and CFD instruments) |
NOTES:
- Scalping and EAs: All the above Forex brokers fully allow Automated Trading (EAs) and Scalping
- Spreads: The best available spreads of each Forex Broker
- Commissions: Trading commissions per full traded lot
- Bonus: The above Bonus offers are exclusively offered for New Clients, a Cash bonus is a bonus you may withdraw, and a Credit Bonus can only be used as an extra margin
- Rebates: All Forex rebates mentioned in the above comparison table are provided via the specialized website Forex-Rebates.com
ECN/STP Forex Brokers Explained
- ECN Forex Brokers are pure No-Dealing-Desk brokers (NDD) and therefore provide their clients with direct access to the interbank Forex Market (without any interference). ECN brokers offer Forex trading in tight spreads and even in zero spreads (by charging trading commissions)
- STP Forex Brokers is a hybrid solution between ECN brokers and Dealing-Desk brokers. STP brokers offer Forex trading via the use of liquidity providers, which are mainly large commercial banks and other financial institutions. STP brokers apply software algorithms (price aggregators) to find the best available quotes. STP brokers fill client orders via their liquidity providers
ForexRobots.net
Review ECN / STP Forex Brokers allowing Automated Fx Trading and Scalping and offering Tight Spreads, Fast Execution, Wide Forex Asset Index, and above everything else real Safety of Money...
