Below is a list of ECN Forex brokers which provide Forex traders with a direct access to other Forex market participants — fellow traders and institutional liquidity providers as DBFX, JP Morgan, Morgan Stanley and UBS.
ECN ADVANTAGES: Very low spreads; no requotes; scalping allowed and welcomed; no stop-loss hunting;
ECN DISADVANTAGES: ECN brokers charge commissions for Forex trading; maket order slippage; stop loss slippage
| MT4 ECN brokers | Micro Account ECN Brokers | PayPal ECN brokers |
| Broker | Regulated | Min deposit | Leverage | Spread | Promotion |
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$100 | 1:300 | 1 | 1 pip spread on all majors |
www.fxcm.co.uk
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$25 | 1:200 | 1 | |
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$50 | 1:500 | 0.8 | 30% on initial deposit |
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$1 | 1:500 | 1 | 20% Bonus 10% loyalty bonus |
thinkforex.com
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$500 | 200:1 | 1 | 10% Bonus |
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$250 | 1:50 | 1.1 | |
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$500 | 1:500 | 0.8 | Gifts |
dcmforex.com
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$1000 | 500:1 | 1 | |
pfd-nz.com
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$200 | 1:500 | 0 | |
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$5 | 1:500 | 1 | $5 bonus no deposit |
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$1000 | 1:100 | 1 | |
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$1 | 1:500 | 2 | $100 |
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$400 | 1:50 | 0.9 | |
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$250 | 1:50 | 1 | 5% Bonus |
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$200 | 1:500 | 1.6 | 100% Bonus |
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$100 | 1:200 | 1 | 25% Bonus cashback |
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$50 | 1:200 | 1 | |
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$2000 | 1:50 | 1 | |
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$250 | 1:50 | 2 | 8% Bonus |
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$5 | 1:500 | 0 | $8 bonus no deposit |
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$100 | 1:100 | 1 | |
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$50000 | 1:100 | 0.5 | |
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$500 | 1:500 | 0.4 | 30% Bonus on first deposit |
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2,500 | 1:50 | 2 | |
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$500 | |||
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$1,000,000 | 1:50 | 0.1 | |
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$1000 | 1:200 | 2 | |
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$5 000 | 1:50 | 1 | |
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$350 | 1:50 | 1.5 | 100% bonus |
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$500 | 1:400 | 1 | ||
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$250 | 1:400 | 2 | |
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$100 | 1:200 | 2 | ||
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$1000 | 1:50 | 1 | |
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$50 | 1:100 | 1 | ||
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$5000 | 1:200 | 2 | up to 20% Bonus |
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$1 | 1:500 | 0.7 | 50% bonus on first deposit |
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$100 | 1:100 | 1 | ||
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$400 | 1:100 | 0.8 | Get paid for limits |
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$200 | 1:500 | 0 | |
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$250 | 1:400 | 2 | ||
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$200 | 1:100 | |||
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$2500 | 1:400 | ||
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$200 | 1:500 | 2 | |
| FastBrokers | $500 | 1:200 | 2 | ||
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$5 | 1:500 | 1 | 20% Bonus on first deposit |
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