Understanding ECN Fees & Pricing
With the popularity of the Electronic Communication Network many reputable brokers. Have created specific trading accounts and conditions for ECN Trading.
Brokers understood the value of trading with through a ECN and provided clients with this facility.
We will uncover what ECN Fees are is, how is works, the fees involved trading in this type of account and how you and the broker makes money from trading on an Electronic Communication Network.
Update: March 2026
Keynotes of ECN Pricing and Fees
When a trader places buy or sell orders that are seen as “removing liquidity” from the market, they have to pay ECN fees.
- ECN pricing is transparent and execution-driven, not spread-manipulated
- Costs are split between raw market spreads and explicit commissions
- Fees depend on whether you add or remove liquidity
- Raw spreads can reach 0.0 pips on major FX pairs
- Commissions are fixed and predictable per lot or per share
- High-volume traders benefit most from ECN pricing models
- Execution quality and fee structure matter more than headline spreads
What are ECN Fees?
ECN fees are all of the fees charged by a broker that pair and facilitate the order of the buyer and seller.
This fee varies from broker to broker and should be compared based on your trading strategies and trades before settling on a specific ECN Broker.
Fees typically range from a fraction of a cent per share or a fixed commission per traded lot, depending on the asset class.
How do ECN Fees work?
The fees for an electronic communication network (ECN) are usually a fraction of a cent per trade. ECNs charge a service fee for matching buyers and sellers who trade on their exchanges and networks.
 | 4.8/5 |
IC Markets: ASIC | MT4, MT5, cTrader, TradingView | Raw spreads | True ECN | Low-latency execution | |
Star Rating | 4.8/5 |
Fxview: CySEC | MT4, MT5 | Raw spreads | Dedicated Account Manager | Low-latency ECN routing | |
 | 4.7/5 |
Fusion Markets: ASIC | MT4, MT5, cTrader, TradingView | Raw spreads | Forex VPS | Sub-ms latency via VPS | |
 | 4.8/5 |
BlackBull Markets: FMA, FSA | MT4, MT5, cTrader, TradingView | Raw spreads | True ECN | Ultra-low latency | |
 | 4.8/5 |
TMGM: ASIC | MT4, MT5 | Raw spreads | Low-latency execution | True ECN Broker | Dedicated Acc. Manager | |
 | 4.9/5 |
Fpmarkets : ASIC, CySEC | MT4, MT5, TradingView | Raw spreads | Forex VPS | Sub-ms latency via VPS | |
 | 4.3/5 |
GO Markets : ASIC, CySEC, FSC, | MT4, MT5, TradingView, cTrader, | Raw Spreads | Forex VPS Hosting | Ultra-Low Latency | |
 | 4.7/5 |
Global Prime: ASIC | MT4, MT5 | Raw spreads | True ECN | Low-latency agency execution | |
 | 4.7/5 |
Blueberry Markets: ASIC | MT4, MT5, cTrader, TradingView | Raw spreads | Forex VPS | Low-latency | |
What are Spreads in ECN Trading?
The spread in any trading case is the difference between the buy (ask) and sell (bid) prices for a financial asset.
Since ECN brokers don’t charge a spread on the price of the financial assets, they will have fixed fees and commissions for each trade.
Pricing and Fee Comparison of ECN Brokers
| Broker | Standard Spread (EUR/USD avg) | Raw/ECN Spread (EUR/USD avg) | Commission (Raw/ECN Account) | All-In Cost EUR/USD (pips) | Deposit / Withdrawal Fee |
| IC Markets | 0.82 pips avg (commission-free) | 0.02 pips avg | Raw MT: $7.00/lot RT ($3.50/side) cTrader: $6.00/lot RT ($3.00/side) | ~0.82 pips (Std) ~0.72 pips (Raw MT) ~0.62 pips (cTrader) | No deposit fees No withdrawal fees (most methods) |
| Fusion Markets | 0.89–1.0 pips avg | 0.09 pips avg (EUR/USD) | Zero: $4.50/lot RT ($2.25/side) Classic: $0 | ~0.89 pips (Classic) ~0.54 pips (Zero) | No fees (int’l wire: $20–$30 3rd-party cost) |
| BlackBull Markets | 1.10–1.16 pips avg (Standard – no commission) | 0.0 pips from (Prime avg: 0.16 pips) | Standard: $0 Prime: $6.00/lot RT ($3/side) Institutional: $4.00/lot RT ($2/side) | ~1.16 pips (Std) ~0.76 pips (Prime) ~0.60 pips (Inst.) | No fees (share CFDs on cTrader: 0.20% of volume) |
| Global Prime | ~0.90 pips from (Standard – no commission) | ~0.10–0.28 pips avg (Raw ECN) | Raw: $7.00/lot RT ($3.50/side) Indices, Bonds, Comms: $0 | ~0.90 pips (Std) ~0.70–0.98 pips (Raw) | No deposit fees No withdrawal fees (3rd-party may apply) |
| FP Markets | 1.0–1.2 pips avg | 0.0 pips from | $6.00/lot RT ($3.00/side) | ~1.1 pips (Std) ~0.60 pips (Raw ECN) | No internal fees (bank wire free) |
| TMGM | 1.0–1.4 pips avg | 0.0 pips from | Edge: $7.00/lot RT ($3.50/side) Classic: $0 | ~1.0–1.4 pips (Classic) ~0.70 pips (Edge) | No internal fees 3rd-party fees may apply |
| FXGT | 10 pips from (Mini/Std/Pro – no commission) (note: pips not pips-wide; avg ~1.0) | 0.0 pips from (ECN Zero) | Mini/Std/Pro/Optimus: $0 ECN Zero: $6.00/lot RT ($3/side) | ~1.0–1.5 pips (Std/Mini) ~0.60 pips (ECN Zero) | No internal deposit fees No withdrawal fees |
| Vantage Markets | ~1.18–1.4 pips avg (Standard STP – no commission) | ~0.08–0.12 pips avg (Raw ECN) | Standard: $0 Raw ECN: $6.00/lot RT ($3/side) Pro ECN: $3.00/lot RT ($1.50/side) | ~1.2 pips (Std) ~0.72 pips (Raw ECN) ~0.35 pips (Pro ECN) | No deposit fees Most withdrawals free (wire may have 3rd-party fee) |
| Valutrades | 0.2–0.6 pips from (Standard – no commission) | 0.0–0.1 pips from (ECN) | Standard: $0 ECN: $6.00/lot RT ($3.00/side) FIX API: $30/million USD | ~0.6 pips (Std) ~0.60–0.70 pips (ECN all-in) | 3 free withdrawals/month then ~5% fee (no deposit fees) |
| Blueberry Markets | ~1.1–1.3 pips avg | 0.0 pips from | Direct: $7.00/lot RT ($3.50/side) Standard: $0 | ~1.1 pips (Std) ~0.70 pips (Direct) | No internal fees |
| Fxview | 0.0 pips from (ECN only – no Std) | 0.0 pips from | $2.00/lot RT ($1.00/side) = $1/per $100k | ~0.20 pips all-in (industry-leading low) | No deposit fees No withdrawal fees |
| FXOpen | ~1.2 pips avg (STP/Standard) | 0.0 pips from | ECN: $3.00/lot RT ($1.50/side) STP: $0 | ~1.2 pips (STP) ~0.30 pips (ECN) (industry-lowest ECN comm.) | No internal fees (varies by method) |
| GO Markets | ~0.8–0.9 pips avg (Standard – no commission) | ~0.0–0.1 pips avg (GO Plus+) | Standard: $0 GO Plus+: $5.00/lot RT ($2.50/side) | ~0.9 pips (Std) ~0.50–0.60 pips (GO Plus+) | No deposit fees No withdrawal fees (3rd-party may apply) |
| PUPrime | 1.3–1.6 pips avg (Standard – no commission) | 0.0–0.2 pips avg (Prime / ECN) | Cent/Standard: $0 Prime: $7.00/lot RT ($3.50/side) ECN: $2.00/lot RT ($1.00/side) | ~1.3 pips (Std) ~0.70 pips (Prime) ~0.20 pips (ECN – $10k min) | No deposit fees No withdrawal fees |
| FXTM | ~1.5–1.9 pips avg (Advantage Plus – no commission) | ~0.0 pips from (Advantage ECN) | Advantage Plus: $0 Advantage: $7.00/lot RT ($3.50/side – tiered by volume) | ~1.7 pips (Adv.Plus) ~0.70 pips (Advantage ECN) (above industry avg raw) | No deposit fees $3 fee on transactions under $30 |
| StarTrader | ~1.3 pips from (STP/Standard – no commission) | ~0.0 pips from (ECN / Prime ECN) | STP: $0 ECN: $6.00/lot RT ($3/side) Prime ECN: $4.00/lot RT ($2/side) | ~1.3–1.4 pips (STP) ~0.60 pips (ECN) ~0.40 pips (Prime ECN) | No deposit fees No withdrawal fees |
| EC Markets | ~1.0–1.2 pips avg (Standard – no commission) | ~0.0–0.1 pips avg (ECN / PRO) | STD/PRO: $0 ECN: $3.00/lot RT ($1.50/side) | ~1.2 pips (STD) ~0.30 pips (ECN) ~0.10 pips (PRO) | No deposit fees Withdrawals within 2 hrs (no internal fees) |
| FBS | 0.5–0.7 pips (Standard – no commission) | 0.0 pips (Zero / ECN) | Standard/Cent/Micro: $0 Zero Spread: $20/lot RT ECN: $6.00/lot RT | ~0.5–0.7 pips (Std) ~0.60 pips (ECN) ~$20/lot (Zero) | No deposit fees No withdrawal fees |
| Exness | ~1.0–1.1 pips avg (Standard – no commission) | ~0.0–0.1 pips (Raw Spread / Zero) | Standard/Cent/Pro: $0 Raw Spread: ~$3.60/lot RT Zero: instrument-specific | ~1.0 pips (Std) ~0.46 pips (Raw) ~0 pips (Zero + comm.) | No fees Instant withdrawals (most methods) |
| Eightcap | ~1.0 pips avg (Standard – no commission) | 0.0 pips from (Raw avg: ~0.10 pips) | Raw: $7.00/lot RT ($3.50/side) Standard: $0 TradingView: $0 | ~1.0 pips (Std) ~0.80 pips (Raw) | No deposit fees No withdrawal fees |
| InstaForex | 3–7 pips (Standard – wider spreads non-ECN) | 0.0 pips from (ECN accounts) | ECN: ~$5–$10/lot RT (0.003% per side) Standard/Eurica: $0 | ~3–5 pips (Std) ~0.50–1.0 pips (ECN) | No internal fees (3rd-party may apply) |
| Axi | 0.4–0.9 pips from (Standard – no commission) | 0.0 pips from (Pro avg EUR/USD: 0.2 pips) | Standard: $0 Pro: $7.00/lot RT ($3.50/side) Elite: $3.50/lot RT ($1.75/side) | ~1.3 pips (Std) ~0.90 pips (Pro) ~0.35 pips (Elite) | No deposit fees No withdrawal fees |
| NordFX | From 10 pips (Pro accounts – fixed/wide) | 0.0 pips from (Zero accounts) | Pro: $0 (spread-only pricing) Zero: 0.0035% per trade per side (~$7/lot RT) | ~10+ pips (Pro) ~0.70 pips (Zero) | No internal fees (crypto deposits available) |
ECN Rebates
What is an ECN rebate?
ECNs offer traders rebates as an incentive to encourage traders to create a market for the assets they’re trading.
How can Trading with ECN Fees and Pricing Benefit you?
Depending on your trades and lots sizes and financial assets, whether it’s forex, commodities, metals, or CFDs, select a broker which is transparent with their pricing and chose between the fees on the spread or the commissions on the lots traded.
ECN Brokers List
FP MarketsSince 2005 | Offices:Australia, Cyprus, South Africa |
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| Minimum Deposit: | 50 USD |
| Account currency: | USD, EUR, GBP |
| Leverage: | 1:500* |
| Accounts: | Raw, Standard, Pro, IRESS account |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, ETFs, Crypto, Bonds |
| Trading Platform: | MT4, MT5, TradingView, cTrader, WebTrader, Mobile App, Superior VPS solutions |
| Regulation: | ASIC, CySEC, FSCA |
| Spreads: | From 0.0 pips |
| Visit Broker | Broker Review |
IC MarketsSince: 2007 | Offices:Australia, Cyprus, Seychelles |
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| Minimum Deposit: | 200 US dollars |
| Account currency: | Multiple base currencies |
| Leverage: | From 1:1 to 1:500 |
| Accounts: | Demo, Raw Spread, cTrader, Standard, Islamic, PAMM |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, Bonds Cryptocurrencies |
| Trading Platform: | cTrader, MT4, MT5, TradingView | Free VPS hosting |
| Regulation: | ASIC, CySEC, FSA |
| Spreads | Raw Spread 0.0 pips (cTrader, TradingView MT4/5) Standard 0.8 pips |
| Key Features | Ultra-fast Execution, TradingView , Copy trading, Dedicated Account Manager |
| Visit Broker | Broker Review |
Fusion MarketsSince: 2017 | Offices:Australia, Vanuatu |
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| Minimum Deposit: | $1 |
| Account currency: | USD, EUR, GBP, AUD, JPY, SGD, THB, and CAD |
| Leverage: | Up to 1:500 |
| Accounts: | Zero, Classic, Demo, Swap Free [Islamic] |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, Cryptocurrencies |
| Trading Platform: | MT4, MT5, TradingView, cTrader, DupliTrade | Free VPS Hosting |
| Regulation: | ASIC, VFSC |
| Spreads | Raw Spreads + Tight spreads on other CFDs |
| Key Features | Extremely low trading costs, no dealing desk, great customer support, flexible leverage |
| Visit Broker | Broker Review |
TMGMSince: 2013 | Offices:Australia, Vanuatu, Mauritius |
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| Minimum Deposit: | $100 |
| Account currency: | USD, AUD, EUR, GBP, NZD, CAD |
| Leverage: | Up to 1:1000 |
| Accounts: | Demo, Edge (Raw Spread), Classic (Low Spread), Swap Free (Islamic) |
| Instruments Offered: | Forex, Indices, Metals, Commodities, Energies, Shares, and Crypto |
| Trading Platform: | MT4,MT5, TMGM, Mobile App, | VPS hosting |
| Regulation: | ASIC (Australia), VFSC (Vanuatu), CMA (Capital Markets Authority), FSC (Mauritius) |
| Spreads: | Edge (from 0.0 pips), Classic (0.8 pips) |
| Key Features: | Low trading costs, Copy trading, Appointed Account Manager, Ultra-Fast True ECN |
| Visit Broker | Broker Review |
FxviewSince: 2009 | Offices:EU, South Africa |
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| Minimum Deposit: | $50 |
| Account currency: | EUR, USD, GBP, CAD, ZAR & AUD |
| Leverage: | Up to 1:1000 |
| Accounts: | RAW ECN | Premium ECN | Swap free/ Islamic Account |
| Instruments Offered: | Forex, Indices, Metals, Energies, Shares , Cryptocurrencies |
| Trading Platform: | MT 4 (EU), MT 5 (Global), ZuluTrade and ActTrader | Free VPS hosting |
| Regulation: | CySEC, FSCA and FSC |
| Spreads: | From 0.0 pips |
| Key Features: | Ultra-tight Spreads | Fast Withdrawals | Dedicated Account Manager |
| Visit Broker | Broker Review |
Global PrimeSince: 2010 | Offices:Australia, Vanuatu |
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| Minimum Deposit: | no minimum deposit |
| Account currency: | USD, AUD, GBP, EUR, CAD, JPY, SGD |
| Leverage: | Up to 1:500 |
| Accounts: | Raw ECN, Standard, Demo, Corporate, Joint |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Crypto CFDs, Shares & Bonds CFDs |
| Trading Platform: | MT4, MT5 | Sponsored VPS |
| Regulation: | ASIC (Australia) & VFSC (Vanuatu) |
| Spreads | Raw spreads from 0.0 pips |
| Key Features | True ECN execution, no dealing desk, deep liquidity, transparent pricing, Execution speed 10ms |
| Visit Broker | Broker Review |
BlackBull MarketsSince: 2014 | Offices:New Zealand, Seychelles |
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| Minimum Deposit: | $0 (Standard), $2,000 (Prime), $20,000 (Institutional) |
| Account currency: | USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, ZAR |
| Leverage: | Up to 1:500 |
| Accounts: | ECN Standard, ECN Prime, ECN Institutional, Islamic, Demo |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, Futures |
| Trading Platform: | MT4, MT5, cTrader, TradingView, WebTrader, VPS hosting |
| Regulation: | FMA (New Zealand), FSA (Seychelles) |
| Spreads: | From 0.0 pips (Institutional), 0.1 pips (Prime), 0.8 pips (Standard) |
| Visit Broker | Broker Review |
Vantage MarketsSince: 2009 | Offices:Australia, UK, SA, Seychelles |
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| Minimum Deposit: | $50 |
| Account currency: | AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, PLN |
| Leverage: | Up to 1:1000 |
| Accounts: | Standard, Raw ECN, Pro ECN, Swap free Account |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, Cryptocurrencies |
| Trading Platform: | Vantage App, MT4, MT5, WebTrader, ZuluTrade, MyFXBook Autotrade, DupliTrade | VPS hosting |
| Regulation: | ASIC, FCA, CIMA, VFSC |
| Spreads: | From 0.0 pips |
| Visit Broker | Broker Review |
FBSSince: 2009 | Offices:Australia, Belize, CySEC |
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| Minimum Deposit: | $1 , $100, $500, $1,000 |
| Account currency: | Multiple base currencies |
| Leverage: | Up to 1:3000, 1:500, CFDs up to 30:1 |
| Accounts: | Cent, Standard, Zero Spread, ECN |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares (550+ total) |
| Trading Platform: | MT4, MT5, FBS Trader |
| Regulation: | FSC (Belize), CySEC (Cyprus), and ASIC (Australia) |
| Spreads | Floating from 1 pip, 0.5 pip, 0 pip, -1 pip |
| Key Features | High leverage, low min. deposit, mobile app |
| Visit Broker | Broker Review |
FXGTSince: 2019 | Offices:Cyprus, SA, Seychelles, Vanuatu |
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| Minimum Deposit: | $10 |
| Account currency: | USD, EUR, JPY, USDT, BTC, ETH, XRP, ADA, THB |
| Leverage: | Up to 1:5000* based on equity |
| Accounts: | Optimus, Pro, ECN Zero, Standard, Mini, Demo |
| Instruments Offered: | Forex, Equity Indices, Metals, Energies, Stocks, Cryptos *, NFTs |
| Trading Platform: | MT4, MT5, Mobile FXGT App | VPS hosting *Eligibility |
| Regulation: | CySEC, FSA, FSCA, Vanuatu, |
| Spreads: | From 0.0 pips |
| Visit Broker | Broker Review |
Blueberry MarketsSince: 2016 | Offices:Australia, Vanuatu, Mauritius |
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| Minimum Deposit: | $100 |
| Account currency: | USD, EUR, GBP, AUD, NZD, SGD, CAD |
| Leverage: | 1:500 |
| Accounts: | Standard, Direct (Raw) |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares, Cryptocurrencies |
| Trading Platform: | Tradingview, MetaTrader 4, MetaTrader 5, WebTrader, Mobile App, DupliTrade |
| Regulation: | ASIC,VFSC, FSC |
| Spreads: | From 0.0 pips |
| Visit Broker | Broker Review |
StarTraderSince: 2012 | Offices:UAE, Seychelles, Mauritius |
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| Minimum Deposit: | $50 (Standard & ECN) |
| Account currency: | USD, EUR, GBP, others (varies by account) |
| Leverage: | Up to 1:500 (varies by entity & region) |
| Accounts: | Standard, ECN, Islamic, Demo, Managed |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Shares, ETFs, Cryptocurrencies |
| Trading Platform: | MT4, MT5 |
| Regulation: | ASIC (AU), FSA (Seychelles), FSC (Mauritius), SCA (UAE entity) |
| Spreads | Standard: from ~1.3 pips ECN: from 0.0 pips + ~$7/lot |
| Visit Broker | Broker Review |
GO MarketsSince: 2006 | Offices:Australia, Cyprus, Mauritius, SVG |
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| Minimum Deposit: | Zero, $200 on certain account types. |
| Account currency: | USD, AUD, EUR, GBP |
| Leverage: | Up to 1:500 |
| Accounts: | Standard, Plus, PAMM, Copy Trading |
| Instruments Offered: | Forex, Metals, Commodities, Shares, Crypto, Bonds |
| Trading Platform: | MT4, MT5, TradingView, cTrader, WebTrader, Mobile App | Free Forex VPS Hosting |
| Regulation: | ASIC, CySEC, FSC, Seychelles |
| Spreads | ECN: Raw Spreads |
| Visit Broker | Broker Review |
InstaForexSince: 2007 | Offices:British Virgin Isles |
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| Minimum Deposit: | From $1 |
| Account currency: | EUR, USD |
| Leverage: | From 1:1 up to 1:1000 |
| Accounts: | Demo, Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica, PAMM |
| Instruments Offered: | Forex, Indices, Futures, Options, Commodities, Metals, Energies, Shares, Cryptocurrencies |
| Trading Platform: | МТ4, МТ5, InstaTrader, WebTrader, Multiterminal, Mobile Trading, VPS hosting |
| Regulation: | BVI FSC |
| Spreads: | 0 pips: Insta.Eurica and Cent.Eurica; 3–7 pips: Insta.Standard and Cent.Standard |
| Visit Broker | Broker Review |
ValutradesSince: 2012 | Offices:United Kingdom, Seychelles |
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| Minimum Deposit: | $0 |
| Account currency: | USD, JPY, EUR, GBP, AUD |
| Leverage: | Up to 1:500 (FSA), up to 1:30 (FCA) |
| Accounts: | Standard, ECN, Islamic, PAMM, Demo |
| Instruments Offered: | Forex, Indices, Commodities, Metals, Energies, Shares |
| Trading Platform: | MT4, MT5, Valutrades App, VPS hosting |
| Regulation: | FCA (UK), FSA (Seychelles) |
| Spreads: | From 0.0 pips (ECN), 0.2 pips (Standard) |
| Visit Broker | Broker Review |
Liquidity-Based Fee Structure
ECN fees are determined by how your order interacts with the order book.
Removing liquidity (taking):
- Market orders or aggressive limit orders
- Higher fees, commonly $0.003 to $0.004 per share
- You consume existing liquidity
Adding liquidity (making):
- Passive limit orders not filled immediately
- Lower fees or sometimes zero
- Some venues offer rebates for providing liquidity
Common ECN and Exchange Fee Examples
- NASDAQ (INET): ~$0.003 to remove, $0 to add
- NYSE / ARCA / EDGX: ~$0.004 to remove, $0 to add
- EDGA: ~$0 to remove, ~$0.004 to add
- IEX: ~$0.0012 to remove, $0 to add
- Pre and post-market: ~$0.003 to $0.0045 per share
- OTC securities: ~$0.000005 per share
Practical Considerations for Traders
- Order type matters: Market orders almost always incur higher fees
- Odd lots: Non-standard sizes may be treated as liquidity-removing
- Broker pass-through: Some brokers pass ECN fees directly, others bundle them into commissions
- Volume tiers: Active traders can often negotiate lower effective rates
ECN Broker Pricing in Forex and CFDs
ECN brokers in forex and CFD markets operate on a raw-spread plus commission model. Instead of widening spreads, they charge a fixed, visible commission per trade while passing institutional pricing directly to the trader.
Typical ECN Broker Pricing
- Spreads: 0.0 to 0.1 pips on major pairs
- Commissions: ~$2 to $7 per standard lot, per side
- Round turn: Clearly defined and predictable
- Minimum deposits: Often $0 to $200, depending on the broker and account type
Examples of Competitive ECN Brokers
- Fusion Markets: From ~$2.25 per lot
- RoboForex: From ~$2 per lot, per side
- IC Markets and Pepperstone: Consistently low-cost ECN execution
- FP Markets: Deep liquidity and strong pricing consistency
Why ECN Pricing Appeals to Serious Traders
- Raw spreads: No internal markup or price manipulation
- Cost transparency: You always know what you pay and why
- Execution quality: Faster fills and reduced conflict of interest
- Volume incentives: Lower commissions as trading size increases
ECN accounts are best suited for active and professional traders. While they often require slightly higher starting capital, the long-term cost efficiency and execution integrity make them the preferred choice for traders who care about pricing precision rather than marketing spreads.
Now you can Start Trading with an ECN Account
Each broker has its own ECN Fees, which can be based on commission on lots or on spreads.
Choosing the correct broker for trading is critical to your trading journey, there are many factors you should take into consideration specifically for ECN trading before settling with the broker you may be trading with or when switching to a new choice broker which is best suited to your needs and factors which are important to you personally.
These are the brokers we have reviewed: ECN Brokers List
Broker | Regulators | Max. Leverage | Spreads | Trading Acc. | Instruments | Connect |
 | ASIC, CySEC | Up to 1:500* | From 0.0 pips | Broker Type: STP | ECN | DMA 2 Accounts | Forex, Indices, | |
 | ASIC, VFSC | Up to 1:500 | From 0.0 pips | Broker Type: ECN 4 Accounts | Forex, Indices, | |
 | AFSL, ASIC, CySEC, FSA | Up to 1:500 | From 0.0 pips | Broker Type: | Forex, Indices, Commodities, Metals, Energies, Shares, Crypto | |
 | ASIC, VFSC, CMA, FSC | Up to 1:1000 | From 0.0 pips | Broker Type: True ECN 2 Accounts | Forex, Indices, | |
| | ASIC, VFSC | Up to 1:500 | From 0.0 pips | Broker Type: 2 Accounts | Forex, Indices, Commodities, Metals, Crypto, Shares & Bonds CFDs | |
 | CySEC, FSCA and FSC | Up to 1:1000 | From 0.0 pips | Broker Type: ECN | STP 3 Accounts | Forex, Indices, Commodities, Metals, Energies, Shares, Crypto | |
 | ASIC, FSC, FSCA, FSA | Up to 1:1000 | From 0 pips | Broker Type: ECN | STP 2 Accounts | Forex, Indices, Commodities, Metals, Energies, Shares, Crypto, ETFs | |
 | CIMA, ASIC, FCA | Up to 1:500* | From 0.4 pips | Broker Type: ECN | STP 4 Accounts | Forex, Indices, Metals, Energies, Shares, Crypto | |
| | FCA, SCA, ASIC,FSCA, FSC, FSA | Up to 1:1000* | From 0.0 pips | Broker Type: ECN | STP 5 Accounts | Forex, Indices, Metals, Energies, Shares, Crypto | |
 | HCMC / ESMA | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 2 Accounts | Forex, Indices, Commodities, Metals, Shares CFDs, Crypto | |
 | CySEC, FSC, FSCA, ASIC | Up to 1:3000 | From 1 pip | Broker Type: ECN | STP 6 Accounts | Forex, Indices, | |
 | FMA, FSA | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 6 Accounts | Forex, Indices, | |
 | ASIC, BaFin, CIMA, UAE VARA/SCA | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 3 Accounts | Forex, Indices, Commodities, Metals, Energies, Shares, Crypto | |
 | ASIC,VFSC, FSC | Up to 1:500 | From 0.0 pips | Broker Type: ECN | MM 2 Accounts | Forex, Indices, | |
 | ASIC, CySEC, FSC | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 2 Accounts | Forex, Metals, Commodities, Shares, Crypto, Bonds | |
 | CySEC, FSC, FSCA | Up to 1:2000 | From 0.0 pips | Broker Type: ECN | STP 4 Accounts | Forex, Indices, | |
 | CySEC, FCA, FSCA | Up to 1:1000 | From 0.0 pips | Broker Type: ECN | STP 5 Accounts | Forex, Indices, | |
 | AFSA, FSCA, MISA | Up to 1:1000 | From 0.0 pip | Broker Type: ECN | STP 4 Accounts | Forex, Metals, Indices, Commodities, Stocks, Crypto | |
 | FCA, FSA | Up to 1:500* | From 0.0 pips | Broker Type: ECN 2 Accounts | Forex, Indices, | |
 | ASIC, FSC, FSCA | Up to 1:1000 | From 0.0 pips | Broker Type: ECN | STP 3 Accounts | Forex, Metals, Indices, Commodities, Equities, Crypto | |
 | SVGFSA, FSC, FSA | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 3 Accounts | Forex, Indices, | |
 | FCA, ASIC, SCA, FMA, FSC, FSA | Up to 1:500 | From 0.0 pip | Broker Type: ECN | STP 2 Accounts | Forex, Indices, Commodities, Metals, Crypto | |
 | ASIC, FSA | Up to 1:500 | From 0.0 pip | Broker Type: ECN | STP 3 Accounts | Forex, Indices, Commodities, Metals, Crypto | |
 | FCA, ASIC, CySEC, FSA | Up to 1:500 | From 0.0 pips | Broker Type: ECN | STP 6 Accounts | Forex, Indices, | |
 | CySEC, MISA | Up to 1:1000 | From 0.0 pip | Broker Type: ECN | STP 1 Accounts | Forex, Metals, Commodities, Indices, Equities, Crypto | |
 | FSC | Up to 1:2000 | From 0.0 pips | Broker Type: ECN | STP | MM 5 Accounts | Forex, Indices, | |
 | BVI FSC | Up to 1:1000 | From 0.0 pips | Broker Type: MM | ECN 6 Accounts | Forex, Indices, Commodities, Metals, Shares CFDs | |
| | CySEC, FSA, FSCA, VFSC | Up to 1:2000 | From 0.0 pips | Broker Type: STP | ECN 6 Accounts | Forex, Indices, | |
 | FSC , FSRA | Up to 1:3000 | From 0.0 pip | Broker Type: ECN | STP 3 Accounts | Forex, Metals, Indices, Crypto, Stocks CFDs | |
 | ASIC, VFSC, CySEC, FCA | Up to 1:500 | From 0.0 pip | Broker Type: ECN | STP 2 Accounts | Forex, Indices, | |
 | FINMA | Up to 1:100 | From 0.1 pip | Broker Type: ECN | STP 7 Accounts | Forex, Indices, | |
Kevin George is an active trader of stocks, forex, commodities and crypto with over 15 years of market experience. He hold a master's degree in finance and mix microeconomic studies of company financials with a big-picture macroeconomic view.
Kevin earned a bachelor's degree from Robert Gordons University in Scotland. He returned later to earn his master's degree in finance.
Kevin has written for investopedia, Seekingalpha with his resume on Muckrack and LinkedIn