What is an ECN broker: An ECN Forex broker allows its clients to execute trading orders directly through an electronic communications network (ECN). This means faster order execution and tighter spreads for Forex traders.

 

 

Compare some of the best Online Forex Brokers for professional and retail Forex investors. What matters the most is the safety of your money and paying the lowest trading cost. Note than ECN brokers offer the lowest spreads in the market and the fastest order execution.

 

 COMPANY

 

 

 SAFETY OF FUNDS

 

 

TRADING TERMS

 

 

PLATFORMS

 

 

 ACCOUNTS

 

 

INFORMATION

 

 

» FXDD Accounts

CFD TRADING ASSETS:

(1) Currency Trading

  • 65 Currency Pairs

(2) Other CFD Contracts

  • Equity Markets
  • Commodities
  • Precious Metals & Energy
  • Cryptocurrencies

 

REGULATED BY:

  • FSC (Mauritius) and MFSA (Malta) 

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

YES

EXECUTION TYPE:

ECN/STP

FOUNDATION:

2002

HEADQUARTERS:

Malta and Mauritius

 

TYPICAL SPREADS:

EURUSD: 0.3 pip

GBPUSD: 0.7 pip

USDJPY: 0.5 pip

COMMISSIONS ON TRADING: $7.0/lot

ROBOTIC TRADING: FULL

 

KEY POINTS:

  • Tight spreads for intraday traders
  • There is a great variety of currency pairs
  • TradingCentral Analysis
  • Good technology

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ Web Trader

 

$100 Minimum Deposit Amount

 

PROMOTIONS

  • TradingCentral Analysis

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • Skrill
  • Neteller
  • UnionPay

 

ECN Trading with tight spreads.

 

► Visit the FXDD Accounts

 

► Review Fx Broker

 

» IC MARKETS

CFD TRADING ASSETS:

(1) Currency Trading

  • 60+ Currency Pairs

(2) Other CFD Contracts

  • Equity Markets
  • Commodities
  • Precious Metals & Energy
  • Cryptocurrencies

 

REGULATED BY:

  • FSA (Seychelles)

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

YES

EXECUTION TYPE:

CFD Trading

FOUNDATION:

2007

HEADQUARTERS:

Seychelles

 

TYPICAL SPREADS:

EURUSD: 0.0 pip

GBPUSD: 0.0 pip

COMMISSIONS ON TRADING: $7.0/lot

ROBOTIC TRADING: FULL

 

KEY POINTS:

  • Very tight spreads for intraday traders
  • There is a great variety of currency pairs
  • Full-featured cryptocurrency trading
  • Good technology and low slippage
  • Free VPS Hosting

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ cTrader

□ FIX API

□ Mobile Traders

 

$200 Minimum Deposit Amount

 

WELCOME BONUS:

(N/A)

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • Skrill
  • Neteller
  • Webmoney

 

(*) Not allowing European Traders

Tight spreads and good technology

 

► Review Fx Broker

► Visit the IC Markets website

Not for European Traders.

 

» ROBOFOREX

TRADING ASSETS:

(1) Currency Trading

-36 Forex pairs

(2) CFD Contracts

-Equity Markets

-Commodities

-Precious Metals & Energy

 

REGULATED BY:

  • FSC 000138/7

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

YES

EXECUTION TYPE:

ECN /STP

FOUNDATION:

2009

HEADQUARTERS:

Belize

 

TYPICAL SPREADS:

EURUSD: 1.3 pip

GBPUSD: 1.4 pip

USDJPY: 1.4 pip

COMMISSIONS ON TRADING: NO

ROBOTIC TRADING: FULL

PAMM ACCOUNTS: COPYFX (social trading)

 

KEY POINTS:

  • Fast order execution (intraday traders)
  • Great variety of currency pairs
  • Good technology and low slippage
  • Free VPS Hosting

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ R StocksTrader

□ FIX API

□ Mobile Traders

 

$10 Minimum Deposit Amount

 

WELCOME BONUS:

$30

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • Skrill
  • Neteller
  • PerfectMoney

 

Fast order execution and a free VPS for auto-trading.

 

Visit the RoboForex website

 

Review Fx Broker

 

» TITAN FX

 

TRADING ASSETS:

(1) Currency Trading

(2) CFD Contracts

-Equity Markets

-Commodities

-Precious Metals & Energy

-Cryptocurrencies

 

REGULATED BY:

  • FSC of the Republic of Vanuatu

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

NO

EXECUTION TYPE:

ECN /STP

FOUNDATION:

2014

HEADQUARTERS:

Vanuatu

 

TYPICAL SPREADS:

EURUSD: 0.2 pip

GBPUSD: 0.57 pip

USDJPY: 0.33 pip

COMMISSIONS ON TRADING: $7.0/lot

ROBOTIC TRADING: YES

PAMM ACCOUNTS: NO

 

KEY POINTS:

  • Demo Trading Competition
  • Free VPS Hosting

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ Web Trader

 

$200 Minimum Deposit Amount

 

PROMOTIONS
  • Demo Trading Competition
  • Free VPS Hosting

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • MoneyBookers Skrill
  • Neteller
  • UnionPay

 

Tight ECN spreads, Scalping, Auto-Trading, and a Free VPS.

Specialized in Asian Traders.

 

► TitanFx Accounts

 

 

» FBS WEBSITE

TRADING ASSETS:

(1) Currency Trading

-50+ Currency Pairs

(2) CFD Contracts

-Commodities

-Equity Markets

 

REGULATED BY:

  • CRFIN

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

YES

EXECUTION TYPE: ECN / STP

FOUNDATION:

2008

HEADQUARTERS:

Russia

 

SPREAD EUR/USD: 1.0 pip

COMMISSIONS ON TRADING: NO

SCALPING: YES

ROBOTIC TRADING: YES

 

KEY POINTS:

  • A good variety of Forex and CFD assets
  • Multilingual customer support for Asian traders
  • Good trading promotions
  • Copy-trading via the FBS copy-trader

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ FBS Copy-Trader

□ Mobile Traders

 

$50 Minimum Deposit Amount

WELCOME BONUS: 60%

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • WebMoney
  • MoneyBookers Skrill
  • MoneyGram
  • Neteller
  • FasaPay
  • Western Union

 

 

► Visit the FBS website

 

► Review Fx Broker

 

» AXI WEBSITE

 

TRADING ASSETS:

(1) Currency Trading

(2) CFD Contracts

 

 

REGULATED BY:

  • ASIC Australia (318232)
  • FCA UNITED KINGDOM (509746)

SEGREGATED CLIENT BANK ACCOUNTS:

YES

SWAP-FREE ACCOUNTS:

YES

EXECUTION TYPE:

ECN /STP

FOUNDATION:

2007

HEADQUARTERS:

Australia and the United Kingdom

 

TYPICAL SPREADS:

EURUSD: 0.1 pip

GBPUSD: 0.4 pip

USDJPY: 0.2 pip

COMMISSIONS ON TRADING: $7.0/lot

ROBOTIC TRADING: YES

PAMM ACCOUNTS: YES

 

KEY POINTS:

  • Very tight spreads for intraday traders
  • PAMM Accounts
  • Free Autochartist
  • Free VPS Hosting

 

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-4 Web

□ FIX API

□ Mobile Traders

□ Autochartist

□ PAMM Accounts

 

$20 Minimum Deposit Amount

 

WELCOME BONUS:

(N/A)

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • MoneyBookers Skrill
  • Neteller
  • BPay

 

Open an Account with AXI

 

Review Fx Broker

 

 

Forex Brokers for Forex Investing

Forex-Investors.com

 PAMM: Forex Managed Accounts for Currency Investors


Forex Managed Accounts (PAMM)

PAMM stands for Percentage Allocation Money Management and refers to a technology that connects retail Forex investors and successful professional traders (Money Managers) via a Forex platform.

 

Connecting Forex Investors and Money Managers

 

Most Forex traders don’t have the skills, time, and experience to achieve good results in the Foreign Exchange market. This is why many retail traders seek the services of specialized Forex professionals. The PAMM account type provides a unique opportunity for all Forex investors needing to diversify their investments between different trading strategies and achieve stable returns.

Professional Forex traders start with their capital, but after they can prove their results have the opportunity to become Money Managers (MM).

When a Forex investor joins a PAMM program, he allocates part of his capital (in the desired proportion) to the selected Money Manager. This professional manager will trade multiple forex trading accounts using a common trading interface.

 

VIP Forex Brokers & Premium Forex Services

 

VIP accounts were initially designed to offer custom-tailored solutions to large Forex investors, but nowadays, Forex brokers offer VIP accounts for a significantly smaller minimum deposit.There are several Forex companies providing VIP accounts and premium services to clients depositing large sums of money. VIP accounts were initially designed to offer custom-tailored solutions to large Forex investors, but nowadays, Forex brokers offer VIP accounts for a significantly smaller minimum deposit.

 

Basic Advantages of Forex VIP Accounts

 

VIP accounts offer additional features and improved trading terms, compared to common retail accounts.

These are some key premium Forex account features that every VIP investor should expect:

 

(1) Connecting Investors Directly with Liquidity Providers

Importance: Forex traders (intraday trading, automated trading)  

 

Direct market access (DMA) is the most important feature for any VIP Forex trader. This means every order is transmitted directly to large liquidity providers without intervention and price manipulation. This is provided via ECN or STP protocols. There are advantages when using a non-dealing desk (NDD) broker: