With a plethora of Forex brokers available worldwide, selecting the ideal one can seem overwhelming, yet it remains crucial. Regardless of your expertise level, ensuring the right choice requires consideration of key factors.
Look at the Best ECN Broker, we have found as per our experience so far:
A comparison table will help you in looking at the basic picture of Forex brokers. Let’s assess some of the industry’s leading ECN/STP forex brokers based on basic fundamental criteria.
Fxview | IC Markets | XM | Exness | Vantage | Tickmill | ||
Execution Standards | ECN/STP | ECN/STP | Market Maker | Market Maker | STP | STP | |
Regulations | CySEC, FSCA, FSC | ASIC, CySEC | CySEC, FSC, DFSA, ASIC | CySEC, FCA, FSA, FSCA | ASIC, VFSC, FSCA | FSA, FCA, DFSA, CySEC, FSCA | |
Trading Platforms | MT4, MT5, Act Trader, ZuluTrade | cTrader, MT4 , MT5 | MT4 , MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 | |
Average Spread on Forex Majors (pips) | 0.0 – 0.2 | 0.0 – 0.2 | 0.3 – 0.6 | 0.5 – 0.9 | 0.3 – 0.7 | 0.1 – 0.5 | |
Commission | $2 per $100k | $7 per lot | $7 per lot | $7 per lot | $6 per lot | $6 per lot | |
Customer Support (Star rating) | 5 | 4 | 3 | 2 | 3 | 3 | |
Read More | Read More | Read More | Read More | Read More | Read More |
Each of the aforementioned brokers will be featured in separate articles, providing comprehensive insights into their operations and offerings.
Note: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.17% of retail client accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.