Best ecn forex brokers - list of ECN brokers [ TOP 3 ]

Best ecn forex brokers - list of ECN brokers [ TOP 3 ]
ECN or Electronic Communication Network is a technology bridge built with the purpose to links retail Forex market participants or traders to liquidity providers. So eventually ECN is a non-dealing desk bridge with straight-through processing execution that enables execution in a direct connection between the parties. Read more about ECN through Wikipedia.

What is ECN fee?
The trading Brokers offering ECN Account and connections usually offer an interbank spread from 0.0 pips and do charge a fixed commission per lot as a trading cost or fee.

ECN vs Standard Account
Unlike Forex market maker brokers offering Standard Account that typically charge fixed spread for Forex trading added above the quotes, you can see via trading terminal, the ECN working with commission fee model. It means, typically there is no commission charge for Standard accounts, but a spread only basis while ECN costs split between the interbank spread from 0 pip and commission charge per lot.

Our Top ECN Forex broker below

FXTM: FXTM or ForexTime was founded in 2011 and is a global CFD and FX broker. It is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
FXTM is considered safe because it is regulated by the top-tier FCA.

Alpari: Nevertheless, we can recommend Alpari as a trustable broker to trade with. Their offering is among the most competitive ones in terms of trading instruments, which includes Binary Options also, and bringing an opportunity for both Forex Brokers for Beginners or expert retail traders and investors.

FXPRO: FxPro is in the CFD and Spread Betting market in the U.K. and was founded in 2006. Since then the company has executed more than 250 million orders and was voted the U.K.'s most trusted Forex brand by Global Brands Magazine in 2017. Today the company operates in 173 countries and has more than 870,000 client accounts and €100 million of Tier 1 capital. FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, DFSA, and SCB.

In this video, we will go through some of the Top 3 best ECN forex brokers that you can trade with now.

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