The best ECN brokers for stock trading
Electronic Communication Network is an electronic system for conducting exchange transactions, designed specifically to eliminate the possibility of broker interference in the exchange trading process.
ECN brokers are brokerage companies that use a similar system for carrying out transactions in their trading. When carrying out this type of trading, an ordinary trader independently enters the market, and not under the name of an intermediary organizing dealing.
The advantages of this method of trading are obvious, so it would be useful to know who provides services under this scheme.
Currently, there are brokers with separate ECN accounts or fully dealing with this system; below you can see the current list.
By choosing a partner to work with from those listed below, you receive a guarantee of stable access to the foreign exchange market and stock exchange, and at the same time more comfortable trading conditions.
List of ECN Forex Brokers
Alpari – minimum deposit in UST account from $300, floating spreads from 0 point (really a fact), dependence of commissions and swap on the size of the deposit.
At the moment, the largest ecn broker in the CIS and Europe, the number of its clients has long exceeded 2 million.
The broker's trades are executed using innovative ECN Core technology, which can significantly increase the speed of trade execution and almost completely eliminate slippage.
Traders are also familiar with the Alpari broker simply by the huge number of competitions held on demo accounts and the PAMM system, the rating of managers in which has about 4,000 participants.
RoboForex – initial deposit broker provides the opportunity to open an ECN account with an amount starting from 10 US dollars, an execution option to choose from, a spread from 0.1 points, a replenishment bonus of 125% and a no-deposit bonus for new clients in the amount of 30 dollars.
Most traders use RoboForex to trade with advisors or automatically earn money in the R Trader trading platform, which is provided free of charge to everyone.
In my opinion, this is one of the most loyal ECN brokers with low initial deposit requirements, there is an opportunity. Here you can choose USD, EUR, GOLD, CNY, BTC, ETH or even the stablecoin USDT as the account currency.
AMarkets – initial deposit from $200, large selection of analytical tools, real trading on the interbank market, good liquidity providers:
For large investors, additional benefits and even better trading conditions thanks to the availability of special VIP accounts.
Amarkets positions itself as an ecn forex broker with the maximum number of successful traders, and this fact is confirmed by independent experts. Excellent not only for working on Forex, but also for operations on the futures market.
The site has its own collection of tested, free advisors for automated trading.
In addition to the top three, there are other ecn brokers that are less well known, but also have their own advantages and strengths.
NPBFX is one of the leading banking brokers, designed for mass clients, attractive spreads on currency pairs on Forex, stable operation of the trading platform.
NPBFX has the status of a member of the Financial Commission of the highest category A, brokerage services on Forex have been provided since 1996, not every ecn broker can boast of such a period of existence.
We regularly train our clients in the basics of analytics and making currency rate forecasts.
Transactions are executed using STP (Straight Through Processing) technology, which is essentially an analogue of ECN; when using STP, transactions are directly sent to liquidity providers on the currency exchange or interbank market.
ECN brokers insure you against working with Forex kitchens that artificially regulate trading, making money on clients’ unprofitable transactions.
When opening an account, always pay attention to what scheme is used for dealing, since cent and mini accounts are definitely executed on the intermediary’s internal platforms.