ECN and STP Forex Brokers are No-Dealing-Desk brokers (NDD) and that means they provide direct access to the real interbank Foreign Exchange Market. ECN / STP brokers in general offer faster order execution than Dealing-Desk Brokers (DD) and don’t charge re-quotes. This type of Forex brokers, as a rule, allows scalping and Expert Advisors and it is considered the best choice for Forex scalpers and intraday traders. All the following Forex brokers are regulated and fully allow Automated Trading (EAs) and Scalping. » Compare Forex PAMM Accounts
ECN / STP Broker COMPANY INFO TRADING INFO ACCOUNT INFO ACCOUNT OPENING 

DUKASCOPY EUROPE

Established: 1999

Regulated: FINMA (Swiss), MiFID (EU)

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

  • ECN / DMA
  • Min. Spreads: 0.4-0.8 Pip
  • Commissions: $3.0/ Round lot
  • Leverage: 1/300
  • Platforms: JForex, JavaTrader, WebTrader
  • Free: VPS: No

Bonus: 10% Equity Bonus

Rebate: 20% for the 1st month of trading (Rebate Link)

Contests: Trader's Contest, EAs Contest

Min.Deposit: 100 USD

Fund Methods: Cards, Bank Wire

 

HOTFOREX

Established: 2007

Regulated: CySEC, FSC BVI

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

  • ECN / STP
  • Min. Spreads: 0.4 Pips (Currenex)
  • Commissions: $10/ Round lot
  • Leverage: 1/400 to 1,000:1
  • Platforms: MetaTrader-4, WebTrader, PAMM
  • Free: VPS: Yes (Deposits above $5,000)

Bonus: Up to 100% Cash Bonus

Rebate: $6.4 / lot (Forex-Rebates.com)

Contests: Real / Demo Trading Contests

Min.Deposit: $5

Fund Methods: Wire, Cards, Skrill, Neteller, WebMoney

and many more (check our review)

 

XM (TRADING POINT)

Established: 2008

Regulated: CySEC, FCA UK, BAFIN, ACP

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

  • STP Model
  • Min. Spreads: 1.4 Pip
  • Commissions: No
  • Leverage: 1/800
  • Platforms: MetaTrader-4, WebTrader, MAM
  • Free: VPS: Yes (Deposits above $5,000)

Bonus: 30-50% Credit Bonus

Rebate: $6.0 / lot (Forex-Rebates.com)

Contests: Online Fx Trading Arena

Min.Deposit: $5

Fund MethodsWire, Cards, Skrill, CashU, Neteller

And many more methods (check our review)

FXCC

 

Established: 2010

Regulated: CySEC, FCA UK

Client Account Segregation: Yes

US Traders: No

Swap-Free Accounts: Yes

  • ECN
  • Min. Spreads: 1.1 pip
  • Commissions: No
  • Leverage: 1/300
  • Platforms: MetaTrader-4, Sirix Trader, MAM
  • Free: VPS: No

Bonus: Up to 100% Credit Bonus

Rebate: 20% for the 1st month of trading (Rebate Link)

Contests: Not available at the time

Minimum Deposit: $100

Fund Methods: Wire, Cards, Skrill, Neteller, WebMoney

AAAFX

Established: 2008

Regulated: MiFID, HCMC

Client Account Segregation: Yes

US Traders: Yes

Swap-Free Accounts: Yes

  • ECN / STP
  • Min. Spreads: 0.9-1.9 Pips
  • Commissions: No
  • Leverage: 1/200
  • Platforms: MetaTrader-4, ZuluTrade
  • Free: VPS: No

Bonus: 10% Cash Bonus

Contests: Not available at the time

Min.Deposit: $300

Fund Methods: Cards, Wire, Skrill, iDeal, GiroPay, Sofort, Qiwi

 
 

NOTES:

  • Scalping and EAs: All the above Forex brokers fully allow Automated Trading (EAs) and Scalping
  • Spreads: The best available spreads of each Forex Broker
  • Commissions: Trading commissions per full traded lot
  • Bonus: The above Bonus offers are exclusively offered for New Clients, a Cash bonus is a bonus you may withdraw, a Credit Bonus can only be used as extra margin
  • Rebates: All Forex rebates mentioned in the above comparison table are provided via the specialized web-site Forex-Rebates.com

 

ECN / STP Forex Brokers Explained

□ ECN Forex Brokers are pure No-Dealing-Desk brokers (NDD) and therefore provide their clients with direct access to the interbank Forex Market (without any interference). ECN brokers offer Forex trading in tight spreads and even in zero-spreads (by charging trading commissions).

□ STP Forex Brokers is a hybrid solution between ECN brokers and Dealing-Desk brokers. STP brokers offer Forex trading via the use of liquidity providers, which are mainly large commercial banks and other financial institutions. STP brokers apply software algorithms (price aggregators) to find the best available quotes. STP brokers fill client orders via their liquidity providers.

» Compare and Review Forex Brokers at TradingCenter


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