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 for an account from $300, floating spreads from 0 pips (true fact), commissions and swaps depending on the deposit size.
Currently the largest ECN broker in the CIS and Europe, its client base has long since exceeded 2 million.
The broker's transactions are executed using innovative ECN Core technology, which significantly increases the speed of transaction execution and virtually eliminates slippage.
Traders are also familiar with Alpari for its vast number of demo account contests and its PAMM system, with a manager rating of approximately 4,000 participants.
RoboForex offers the opportunity to open an ECN account with an initial deposit starting from $10, a choice of execution options, spreads from 0.1 pips, a 125% deposit bonus, and a $30 no-deposit bonus for new clients.
Most traders use RoboForex to trade with advisors or to automatically earn money using the R Trader trading platform, which is available free to everyone.
In my opinion, this is one of the most accommodating ECN brokers with low initial deposit requirements, and it's possible. Account currencies include USD, EUR, GOLD, CNY, BTC, ETH, and even the stablecoin USDT.
AMarkets – initial deposit from $200, wide selection of analytical tools, live trading on the interbank market, good liquidity providers:
Large investors enjoy additional benefits and even better trading conditions thanks to the availability of special VIP accounts.
Amarkets positions itself as the ECN forex broker with the highest number of successful traders, a fact confirmed by independent experts. It's ideal not only for forex trading but also for futures trading.
The site has its own collection of tested, free advisors for automated trading.
Besides 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 bank brokers, targeting mass clients, offering attractive spreads on forex currency pairs and a stable trading platform.
NPBFX holds the highest category A status as a member of the Financial Commission, and has been providing Forex brokerage services since 1996—a length of existence not many ECN brokers can boast.
We regularly train our clients in the basics of exchange rate analysis and forecasting.
Transactions are executed using STP (Straight Through Processing) technology, which is essentially an analogue of ECN. When using STP, transactions are sent directly to liquidity providers on the foreign exchange or interbank market.
ECN brokers protect you from dealing with forex kitchens that artificially regulate trading, profiting from their clients' losing trades.
When opening an account, always pay attention to the trading scheme used, as cent and mini accounts are always executed on the broker's internal platforms.
