ECN/STP Forex Brokers

ECN stands for Electronic Communication Network. An ECN broker earns its revenue from charging a commission per trade side. They do not make any revenue through the bid/ask spread or profiting directly from its clients' losses.

True ECN brokers supply a professional trading platform where the best bid/ask price is picked up from their tier-1 liquidity providers.

What follows is a list of the most reputable forex brokers that offer ECN trading accounts with low spreads and competitive commissions per side (100K).

ECN Broker	Features	Min. Deposit	More
	Xemarkets provides DMA/STP market execution on all trading accounts (Micro, Standard, Executive). Number of Liquidity providers: 6	Variable
	Hotforex offers real ECN accounts from $500. Account type: MT4 Currenex. Low trading spreads from 0.2 pips. Commission per side (100K): $5.00. PAMM Account. Trade Forex, Indices, Commodities and CFD's. MYFX platform for deposits over 2,000 USD.	$500

Sunbird MT4 ECN Screenshot:

SunbirdFX MT4 ECN uses "market execution" type to execute ECN orders. As a result, you'll always get the best available market price.

Currenex ECN Platform Screenshot:

Currenex is one of the most advanced ECN trading platforms available for professional currency traders.

ECN Trading Through Currenex Platform:

PROS

• Low variable spreads
• No dealing desk (NDD)
• Anonymous currency trading
• Best bid/ask price
• Instantaneous trade execution
• One-click order execution
• No limitations on forex scalping
• Trade news events

CONS

• High minimum deposit required of $50,000

You Might Also Like:

• STP (Straight Through Processing) Forex Brokers...
• Social Trading Forex Brokers...
• Forex Brokers With Mini & Micro Trading Accounts...
• Forex Brokers With Free VPS Hosting...