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Raw interbank pricing

Best ECN Forex Brokers

ECN brokers stream raw interbank prices with a small commission instead of a wide spread — often the cheapest route for volume traders.

Our top picks

Ranked by our editorial methodology — not by who pays us.

1
RoboForex ★★★★★ 4.7/5
Min deposit$10
Spreadfrom 0.0 for Pro-accounts (average is 0.8) and 2 pips for Fix-accounts on EUR/USD
Leverage1:2000
PlatformsMT4, MT5, WebTrader
2
FXTM ★★★★★ 4.9/5
Min deposit$5
SpreadFrom 0.1 Pip
Leverage1:1000
PlatformsMT5
3
IC Markets ★★★★☆ 4.5/5
Min deposit$200
Spread0.1 pips
Leverage1:1000
PlatformsMT4
4
AAAFX ★★★☆☆ 3.1/5
Min deposit$300
Spread0.1 pip
Leverage1:500
PlatformsMT4
5
FP Markets ★★★★☆ 4.3/5
Min deposit$100
Spread0.2 pips
Leverage1:500
PlatformsMT4
6
TICKMILL ★★★★☆ 4.3/5
Min deposit$100
Spread0.2 pips
Leverage1:500
PlatformsMT4
7
OCTAFX ★★★★☆ 4.2/5
Min deposit$5
Spread0.2 pips
Leverage1:500
PlatformsMT4, WebTrader
8
Pepperstone ★★★★☆ 4.1/5
Min deposit$200
Spread0.2 pips
Leverage1:500
PlatformsMT4

Want the full picture? Compare all 25 brokers side-by-side →

Why we picked these

  • Filtered to brokers tagged ECN / STP style execution.
  • Ranked by our cost score first — the dimension that matters most for ECN users.
  • We note where a raw-spread account with commission beats a marked-up standard account on all-in cost.

Frequently asked questions

ECN vs standard account — which is cheaper?

For volume, ECN with a small commission is usually cheaper than a marked-up spread. Compute all-in cost (spread + commission) for your pairs.

Do ECN brokers requote?

True ECN execution generally does not requote; you get the price or a near one. Slippage can still occur in fast markets.

Is ECN only for pros?

Not only, but it suits traders who understand per-lot commissions and trade enough volume for the model to pay off.