Compare ECN / STP Forex Brokers

 
Compare ECN and STP Forex brokers to find the best trading platforms, spreads, and execution speeds. Make informed decisions for Forex trading success.
⚙️ What is ECN?
 
ECN stands for Electronic Communication Network and generally refers to the electronic network of banks. This network is designed to automatically match bid and ask orders and execute transactions without any manual intervention. By using the ECN network, participants in different geographic locations can trade directly with each other without the need for a middleman.
🏦 No-Dealing-Desk (NDD)
 
ECN and STP Forex brokers are No-Dealing-Desk (NDD) brokers, meaning they provide direct access to the real interbank Foreign Exchange Market. In general, ECN/STP brokers offer faster order execution than Dealing-Desk (DD) brokers and do not issue re-quotes. This type of broker typically allows scalping and the use of Expert Advisors (EAs), making it a preferred choice for Forex scalpers and intraday traders. All the following Forex brokers are regulated and fully support Automated Trading (EAs) and Scalping. In the table below, you can compare some popular ECN/STP Forex brokers.
Table: Forex Brokers Comparison
ECN / STP Broker COMPANY INFO TRADING INFO ACCOUNT INFO ACCOUNT OPENING 

ROBOFOREX

Established: 2009

Regulated: FSC Belize

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

ECN/STP

  • Number of Fx Pairs: 36
  • Min. Spreads: 1.3 pip
  • Commissions: No
  • Platforms: MetaTrader-4, MetaTrader-5, RStocks Trader
  • Free: VPS: Yes
  • MAM/PAMM: CopyFx
  • FIX/API: Yes

Promotion: Rebates, Interest on Balance, Credit Bonuses

Minimum Deposit: $10

  • Fund Methods:

Wire, Cards, Skrill, Neteller, UnionPay, Western Union, PerfectMoney

Account Currencies: Euro, US dollar

Good for day trading and scalping.

 

» RoboForex Website

» RoboForex Review

TITAN FX

 

Established: 2014

Regulated: FSC of the Republic of Vanuatu

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: No

ECN/STP

  • Number of Fx Pairs: 60+
  • Min. Spreads: 0.1 Pip
  • Commissions: $7/ Round lot
  • Platforms: MetaTrader-4, MetaTrader-5,
  • Free: VPS: Yes
  • MAM/PAMM: No
  • FIX/API: No

Promotion: Free VPS and Demo Competitions

Min. Deposit: 200 USD

  • Fund Methods:

Cards, Bank Wire, Neteller, Skrill, UnionPay

ECN Forex Broker, specializing in Asian Traders by offering tight spreads and a Free VPS.

 
 
 

AXI

Established: 2007

Regulated: ASIC, FCA UK

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

ECN/STP

  • Number of Fx Pairs: 50+
  • Min. Spreads: 0.0 pip
  • Commissions: $7/ Round lot
  • Platforms:MetaTrader-4, WebTrader
  • Free: VPS: Yes
  • MAM/PAMM: Yes
  • FIX/API: Yes

Promotion: Autochartist, PsyQuation Coaching

Minimum Deposit: $10

  • Fund Methods:

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.

 
 

🗐 NOTES:

  • Scalping and EAs: All the above Forex brokers allow Automated Trading (EAs) and Scalping
  • Spreads: The best available spreads of the Forex Broker
  • Commissions: Trading commissions per full traded lot ($100,000)
  • 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

🧑‍💼 ECN/STP Forex Brokers Explained

  • ECN Forex brokers are pure No-Dealing-Desk (NDD) brokers, providing clients with direct access to the interbank Forex market without any interference. ECN brokers offer trading with tight spreads, and in some cases, zero spreads, by charging trading commissions.
  • STP Forex brokers represent a hybrid solution between ECN brokers and Dealing-Desk brokers. They offer Forex trading through liquidity providers, primarily large commercial banks and financial institutions. STP brokers use software algorithms (price aggregators) to identify the best available quotes and fill client orders through their liquidity providers.
 
■ ECN /STP Forex Brokers

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» ECN/STP Forex Brokers » PAMM Accounts    
» RoboForex (ECN) Review » Axi Review (ECN) » IC Markets (Free VPS) » FP Markets (ECN)
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