Top 6 Best True ECN-STP UK Forex Brokers for 2019
Top 7 Best True ECN-STP Forex Brokers Australia for 2019
Want to know more about the best ECN forex brokers?
InvestinGoal»Best Brokers»Top 10 Best ECN STP Forex Brokers List 2019 (Non Dealing Desk)
Over the years we have often noted that there is great confusion about the orders execution models used by forex brokers.
ECN STP DMA Dealing or Non Dealing Desk Market Maker
Understanding all the differences is not that easy, especially for the beginner.
With our Top 10 list (alsospecifically for UK and Australia), we have tried to simplify things a little bit.
TheECN brokers(Electronic Communication Network), theSTP(Straight Through Processing) andDMA(Direct Market Access) can be grouped in the great family ofNDD brokers, No Dealing Desk, opposed to theMarket Maker brokers, which are dealing desk.
Many users search fortrue ECN STP brokersbecause they dont want the broker to be the counterpart of their orders, in other words, they do not want to have conflicts of interest where the broker might hope for your losses, that for him would mean gains, being him the counterpart.
From our experience, when people search for thebest ECN STP brokers, in essence they are looking for a Non Dealing Desk broker, without really knowing what the difference between ECN and STP are.
With a STP ECN broker youre choosing a broker that will not be the counterpart of your orders, but that will simply work to find another counterpart to satisfy it. Basically, an ECN STP broker will not be interested in the success (or failure) of your operations, but he will only act as an intermediary in order to satisfy them.
Among the various execution models, the differences perceived, on the user side, actually are really low, especially for those who simply want to do forex trading with no particular operational needs.
However, the major point of any NDD broker is certainly thespread, usually lower (sometimes even zero) than the Market Maker one, and the ability to operate at extremespeed, even in scalping mode.
(This post is part of thebest forex brokersseries)
A relatively young broker, operating since 2010, it has quickly become one of Australias best forex brokers (with many awards confirming this), highly appreciated by Asian traders and investors.Pepperstoneis one of the few forex brokers to offer, in addition to the access to an ECN, a DMA (Direct Market Access) execution.
: Pepperstone Limited authorised & regulated by the
(684312); Pepperstone Group Limited registered with
(414530). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
: Pepperstone Group Limited is headquartered in Melbourne, Australia
: CFDs on indices, commodities, cryptocurrency
The most famous NDD Forex broker is for sure FxPro, english broker, very famous all over the world, winner of several awards over the years, in particular for the quality of executions, innovation and platforms. In recent years,FxProhas invested heavily in technology development to allow the traders to automate their strategies (cAlgo Algorithmic Trading, FxPro Library, FxPro Quant Strategy Builder and FxPro VPS).
: FxPro UK Limited authorised & regulated by the
(509956); FxPro Global Markets MENA Limited authorised & regulated by the
(F003333); FxPro Financial Services Ltd authorised & regulated by
(45052); FxPro Global Markets Ltd authorised & regulated by the
(SIA-F184). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: $100, however, clients under the DFSA will need to deposit $500
: MT4, MT5, cTrader, FxPro Edge (web platform)
: FxPro Group Limited is headquartered in Limassol, Cyprus
: CFDs on futures, indices, shares, metals, energies; spread betting
Voted by World Finance as Best Broker for Asia in 2012, HotForex is one of the new brokers which are having great success, considering it has been operating since 2010. HotForex has always focused on providing the best possible service for small beginner traders, who operate with small volumes. WithHotForexyou have a variety of platforms and, above all, 6 types of accounts to choose from (Micro, Premium, Zero, Fixed, VIP, Auto)
(183/12); HF Markets (UK) Ltd authorised ®ulated by the
(801701); HF Markets (DIFC) Ltd authorised & regulated by the
(F004885); HF Markets SA (PTY) Ltd authorized & regulated by the
(46632); HF Markets (Seychelles) Ltd regulated by the
(SD015). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: HF Markets MT4 Terminal, HF Markets Multiterminal, MetaTrader 4 Webterminal, HF Markets iPhone Trader, HF Markets iPad Trader, HF Markets Android
: HF Markets Ltd is headquartered in Cyber City, Mauritius
: CFDs on spot metals, energies, commodities, indices, bonds, shares, cryptocurrency
One of the largest, if not the largest Swiss forex broker. Dukascopy Bank SA is, in effect, a bank more than a broker, so much so that it is regulated as such. Through the Dukascopy platforms you can access one of the largest ECN pools in the world, the Swiss Foreign Exchange Marketplace, where banks, hedge funds, institutional funds and large investors participate.
(You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: MT4, JForex, JForex Web 3, JForex Trader (iOS, Android)
: Dukascopy Bank SA is headquartered in Geneva, Switzerland
: CFDs on commodities, stocks, indices, bonds, cryptocurrency; binary options
Roboforex is a large broker, originally from New Zealand, but divided into two main branches, one for Asia and Southeast Asia, one for Europe. The European part is in fact based in Cyprus. Roboforex is one of the forex brokers offering the chance to start with a cent account, ideal for those who are in the early stages and want to start with very small sum, keeping the risks as low as possible. In this case, however, its a dealing desk execution. For the other accounts, instead, an excellent STP ECN system is provided.
(IFSC/60/271/TS); RoboForex (CY) Ltd regulated by
(191/13). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: MT4 (desktop, web, iOS, Android), MT5 (desktop, web, iOS, Android), cTrader (desktop, web, iOS, Android), R Trader (web platform)
: RoboForex Group is headquartered in Belize City, Belize
: CFDs on stocks, indices, ETFs, soft commodities, energies, metals, cryptocurrency
Russian broker, but later transferred to London, Admiral Markets is another ECN/STP forex broker, winner of several awards during his career, which began in 2001. Admiral Markets is renowned for its highly advanced analysis tools, with which traders can study every aspect of markets and prices to improve their trading performance.
: Admiral Markets UK Ltd authorised & regulated by the
(595450); Admiral Markets AS authorised & regulated by the
(4.1-1/46); Admiral Markets Cyprus Ltd authorised & regulated by
(410681). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: Clients registered with a standard retail account can access 1:30 leverage, clients registered with a professional account can access 1:500 leverage
: MetaTrader WebTrader, MT4, MT5, MetaTrader Supreme Edition
: Admiral Markets UK Ltd. is headquartered in London, UK
: CFDs on commodities, indices, shares, bonds, cryptocurrency, ETFs
The forex Broker LCG, i.e. London Capital Group, is part of a holding company operating since 1996. With LCG there is no minimum deposit required to open a trading account, however, to access the ECN technology you need to keep at least $ 10,000 on your account .
: London Capital Group Limited authorised & regulated by the
(182110); London Capital Group (CYPRUS) Limited authorised & regulated by
(341/17). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: MT4 (desktop, tablet, mobile), LCG TRADER (desktop, tablet, mobile)
: CFDs on spot metals, indices, shares, bonds, commodities, EFTs; vanilla options
ActivTrade began as a Swiss forex broker in 2001, before moving to London in 2005. ActivTrade is very active mainly in Italy, where he also received an award for best forex broker in 2011 and 2012.
: ActivTrades PLC is authorised & regulated by the
(2309); ActivTrades Corp is authorised & regulated by
(You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: Clients registered under ESMA regulation can access 1:30 leverage, while other retail traders can leverage up to 1:400
: ActivTrades PLC is headquartered in London, UK
: Options; ETFs; CFDs on indices, international shares, commodities, bonds; spread betting (for UK-based clients) on forex, commodities, stocks, shares
One of the biggest forex brokers in the world, but predominantly known in the United States, and much less in Europe and the rest of the world. m is therefore one of the few to accept American customers and provide a state-of-the-art ECN platform, called GTX Direct.
(NFA 0339826); GAIN Capital UK Ltd authorised & regulated by the
(113942); GAIN Capital Forex.com Canada Ltd. regulated by
; Gain Capital Japan Co., Ltd. regulated by the
. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: Advanced Trading (desktop), Web platform, mobile (iOS and Android)
: GAIN Capital Holdings is headquartered in Bedminster, USA
: CFDs on indices, commodities, equities, bonds and rates, cryptocurrency (UK only); Bitcoin futures (US only)
ADS Primes mother company is ADS securities, the biggest forex broker of the United Arab Emirates. The European branch instead works with the name ADS Prime and it is registered and operating in London.
: ADS Securities London Limited authorised & regulated by the
(577453); ADS Securities L.L.C. registered with the
Department of Economic Development of Abu Dhabi
(1190047); ADS Securities Hong Kong Limited registered with the
(CE AXC847). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
: Orex (desktop and mobile application), ADSS MT4
: ADS Securities L.L.C. is headquartered in Abu Dhabi, UAE
: CFDs on commodities, indices, stocks, cryptocurrency; spread betting
When we think of a trading broker, usually there are two cities that affect the collective imagination. New York and London. But, if we talk about Forex market, then the ideal city is surely only one. London.
By digging further into the collective imagination, and considering the type of broker to use for forex trading, many traders specifically and exclusiverly choose only those brokers offering Ecn/Stp trading platforms. Even better if pure or true Ecn.
Heres our detailed list of the best UK ECN-STP brokers (regulated or authorized by FCA) according to our research:
Australian ECN forex brokers are some of the worlds most top-rated and should definitely be considered when making a choice.
But not all forex brokers that claim to be ECN actually are and so true ECN forex brokers in Australia and the rest of the world are hard to find. Thats why we made this list of some of the most reputable ECN forex brokers in Australia, to make sure traders find the best services available to them.
Heres our detailed list of the best Australian ECN-STP brokers (regulated or authorized by ASIC) according to our research:
This is the main list of the best ECN forex brokers in circulation today. But we didnt stop here.
Are you looking for something more particular?
Do you need an ECN Broker with some specific features?
I contacted and they have a dealing desk, that makes them not ECN
Hi BOB. They also have an ECN platform. See here:
I prefer pepperstone its a good company
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