IC Markets
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5
4.7/ 5
Best ECN Forex Brokers
Last updated
27
Brokers
Top ECN Brokers
27 forex brokersSort:
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
Neg. Balance ProtectionSegregated FundsRaw Spreads- Neg. Balance ProtectionSegregated FundsMT4/MT5Trending4 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Trending2 bonusesNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5Neg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5
What this means
ECN (Electronic Communication Network) brokers route orders directly to liquidity providers (banks, other brokers, or institutional traders) without a dealing desk. This gives traders access to tighter, market-driven spreads and faster execution, though a small commission is typically charged per trade.
Related Features
Frequently Asked Questions
When comparing ECN Brokers, prioritise regulatory standing, pricing, platform reliability, and customer support. Our list ranks brokers by overall rating across all these criteria.
We currently list 27 forex brokers with ECN Brokers. The full list above is sortable by rating, spreads, and minimum deposit.
ECN Brokers can be appropriate for beginners depending on your goals. We recommend opening a demo account first so you can explore the feature risk-free before committing real capital.
Regulation varies by broker. All brokers in our list display their primary regulatory authority. Always verify a broker's licence directly with the regulator's official register before depositing funds.
Choose a broker from the list above, click through to their full profile, and compare pricing, platforms, and regulation. Most brokers offer a free demo account, so you can test the platform before depositing.