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.
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COMPANY
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SAFETY OF FUNDS
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TRADING TERMS
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PLATFORMS
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ACCOUNTS
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INFORMATION
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CFD TRADING ASSETS: (1) Currency Trading
(2) Other CFD Contracts
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REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-5 □ Web Trader |
$100 Minimum Deposit Amount
PROMOTIONS
FUND METHODS:
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ECN Trading with tight spreads.
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CFD TRADING ASSETS: (1) Currency Trading
(2) Other CFD Contracts
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REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-5 □ cTrader □ FIX API □ Mobile Traders |
$200 Minimum Deposit Amount
WELCOME BONUS: (N/A)
FUND METHODS:
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(*) Not allowing European Traders Tight spreads and good technology
► Visit the IC Markets website Not for European Traders. |
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TRADING ASSETS: (1) Currency Trading -36 Forex pairs (2) CFD Contracts -Equity Markets -Commodities -Precious Metals & Energy |
REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-5 □ R StocksTrader □ FIX API □ Mobile Traders |
$10 Minimum Deposit Amount
WELCOME BONUS: $30
FUND METHODS:
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Fast order execution and a free VPS for auto-trading.
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» TITAN FX
TRADING ASSETS: (1) Currency Trading (2) CFD Contracts -Equity Markets -Commodities -Precious Metals & Energy -Cryptocurrencies |
REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-5 □ Web Trader |
$200 Minimum Deposit Amount PROMOTIONS
FUND METHODS:
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Tight ECN spreads, Scalping, Auto-Trading, and a Free VPS. Specialized in Asian Traders.
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TRADING ASSETS: (1) Currency Trading -50+ Currency Pairs (2) CFD Contracts -Commodities -Equity Markets |
REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-5 □ FBS Copy-Trader □ Mobile Traders |
$50 Minimum Deposit Amount WELCOME BONUS: 60%
FUND METHODS:
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TRADING ASSETS: (1) Currency Trading (2) CFD Contracts
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REGULATED BY:
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:
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ONLINE PLATFORMS □ MetaTrader-4 □ MetaTrader-4 Web □ FIX API □ Mobile Traders □ Autochartist □ PAMM Accounts |
$20 Minimum Deposit Amount
WELCOME BONUS: (N/A)
FUND METHODS:
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□ Find More: » Brokers Directory | » Forex Brokers & VIP Accounts | » ECN Forex FAQ | » Forex Managed Accounts
■ Forex Brokers for Forex Investing
Forex-Investors.com
PAMM: Forex Managed Accounts for Currency Investors
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
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:
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