COMPARE ECN / STP FOREX BROKERS
|
ECN / STP FOREX BROKER |
TRADING MODEL
|
TRADING COST
|
OPTIONS
|
TECHNOLOGY
|
REVIEWS |
||||||||||
|
REGULATION: FSA UK and CySEC
|
FXCC’s ECN MODEL (1) ECN spreads as low as 1/10 pip on all majors. (2) All market participants are equal with respect to instant access to prices provided by FX banks. (3) ECN/STP orders, stops, and limits reside on the FXCC servers and are sent to liquidity providers as market orders all looking as if they come from one client. SEGREGATED CLIENT ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 1.0 pip GBPUSD: 1.5 pip USDJPY: 1.5 pip TRADING COMMISSIONS: No BONUS: 100% Credit Bonus (Used only as extra margin) |
LEVERAGE: 1:300 $100 Minimum Deposit FUNDING METHODS: Credit Cards Bank Wire MoneyBookers WebMoney |
EXECUTION: ECN / STP TRADING PLATFORMS □ MetaTrader4 □ Sirix WebTrader □ Mobile Traders SCALPING: Yes AUTO-TRADING: Yes ASSET INDEX: 30+ Currency Pairs |
|
||||||||||
|
REGULATION: MiFID and FCMC
|
DUKASCOPY ECN MODEL (1) Dukascopy Forex trading services are optimized for professional traders using the SWFX Market (2) Equal liquidity and common quotes for all clients (3) Accounts currencies include: USD, CHF, EUR, GBP, JPY, AUD, CAD, DKK, HKD, MXN, NOK, NZD, PLN, RUB, SEK, SGD, TRY and ZAR (4) Funding facilities including Bank Guarantees SEGREGATED CLIENT ACCOUNTS: YES ISLAMIC ACCOUNTS: NO |
SPREADS: EURUSD: 0.3 pip GBPUSD: 0.4 pip USDJPY: 0.4 pip TRADING COMMISSIONS: $3.5 per Standard Lot BONUS: 10% Equity Bonus (You may withdraw it) |
LEVERAGE: 1:200 $100 Minimum Deposit FUNDING METHODS: Credit Cards Debit Cards Bank Wire |
EXECUTION: ECN TRADING PLATFORMS □ JForex Automated □ JavaTrader □ Mobile Traders SCALPING: Yes AUTO-TRADING: Yes ASSET INDEX: 60+Currency Pairs |
|
||||||||||
|
REGULATION: FCA UK, CySEC, MiFID
|
HOTFOREX ECN MODEL (1) Zero-Sprad Account type is available (2) CurreneX Account type offers tight spreads and fast execution. Spreads as low as 0.4 pips and Trading Commission $10 per round turn. (3) Free VPS Server for using Expert Advisors (EAs) SEGREGATED ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 1.4 pip GBPUSD: 2.3 pip USDJPY: 1.7 pip TRADING COMMISSIONS: NO BONUS: 40-100% Credit and Cash Bonus (You may withdraw it) Rebate Plan: |
LEVERAGE: 1:1000 $50 Minimum Account Size FUNDING METHODS: Credit Cards Bank Wire MoneyBookers Neteller iDeal Union Pay Sofort TrustPay |
EXECUTION: STP TRADING PLATFORMS □ MetaTrader4 □ WebTrader □ FIX API □ Mobile Traders SCALPING: YES AUTO-TRADING: YES Free VPS Hosting for all Traders holding $5,000 ASSET INDEX: 43 Currency Pairs |
|
||||||||||
|
REGULATION: FCA UK, CySEC, ASIC
|
STP MODEL (MARKET MAKER): The model of XM is suitable for semi-advanced and advanced traders: (1) Trade hundreds of assets via MT4 (even CFDs on Futures) (2) Take advantage of cash rebates based on your trading volumes (3) Take advantage of Credit Bonus and use it as extra margin (remains active even in negative account balance) SEGREGATED ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 1.8 pip GBPUSD: 2.6 pip USDJPY: 2.0 pip TRADING COMMISSIONS: NO XM Rebate: |
LEVERAGE: 1:30 $5 minimum deposit FUNDING METHODS: Credit cards MoneyBookers Liberty Reserve Neteller Wire Bank Transfer |
EXECUTION: STP Model TRADING PLATFORMS □ Web Trader □ MirrorTrader □ MetaTrader4 □ Mobile Traders SCALPING: YES AUTO-TRADING: YES ASSET INDEX: 60+ Currency Pairs |
» XM Web
|
||||||||||
|
REGULATION: FCA UK
|
HYMARKETS ECN MODEL (1) HY Pro Trader -Institutional grade platform, powered by the Currenex platform (2) Personal Account Manger for all traders and VIP Managers for VIP Accounts (3) FCA regulated broker with over 30 years of operational expertise and background SEGREGATED ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 1.8 pip GBPUSD: 2.6 pip USDJPY: 2.4 pip TRADING COMMISSIONS: NO BONUS: 10% Cash Bonus |
LEVERAGE: 1:300 $50 Minimum Account Size FUNDING METHODS: Credit Cards Bank Wire MoneyBookers Web-Money Paypal |
EXECUTION: STP TRADING PLATFORMS □ MetaTrader4 □ Mobile Traders SCALPING: YES AUTO-TRADING: YES ASSET INDEX: 43 Currency Pairs |
|
||||||||||
|
REGULATION: FCA UK and CySEC
|
ORBEX ECN MODEL: (1) Orbex provides access to aggregated liquidity from 12 Tier-1 Banks connected directly to its trading platform via FIX Bridge. Liquidity providers include Barclays and UBS. (2) The MT4 Server sits behind a price aggregator, which receives market prices from all liquidity providers, selecting only the best Bid and the best Ask individually, and posting them to our MetaTrader4 Market Watch. (3) All orders are treated anonymously SEGREGATED CLIENT ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 0.6 pip GBPUSD: 0.9 pip USDJPY: 0.9 pip TRADING COMMISSIONS: $10 / lot BONUS: No Bonus |
LEVERAGE: 1:500 $500 Minimum Deposit FUNDING METHODS: Credit Cards Bank Wire Neteller Skrill WebMoney |
EXECUTION: ECN / STP TRADING PLATFORMS □ MetaTrader4 □ WebTrader □ Mobile Traders +Free VPS Hosting SCALPING: YES AUTO-TRADING: YES ASSET INDEX: 28 pairs |
|
||||||||||
|
REGULATION: HCMC and MiFID
|
AAAFX MODEL: (1) Association with ZuluTrade (Social Trading) (2) Tight spreads on Institutional accounts.(starting as low as 0.9 pips) (3) Trades a wide asset index via Forex and CFDs SEGREGATED CLIENT ACCOUNTS: YES ISLAMIC ACCOUNTS: YES |
SPREADS: EURUSD: 1.6 pip GBPUSD: 1.9 pip USDJPY: 1.9 pip TRADING COMMISSIONS: NO BONUS: 10% Cash Bonus (you may withdraw it) |
LEVERAGE: 1:200 $300 Minimum Deposit FUNDING METHODS: Credit Cards Bank Wire Skrill iDeal +More Methods |
EXECUTION: ECN / STP TRADING PLATFORMS □ MetaTrader4 □ ZuluTrade □ Mobile Traders SCALPING: YES AUTO-TRADING: YES ASSET INDEX: 45+Currency Pairs |
|
US TRADERS WELCOME
INFORMATION ABOUT ECN / STP FOREX BROKERS
There are many advantages when trading with an ECN / STP Forex Broker compared to a Dealing Desk Broker.
WHAT IS AN ECN BROKER?
An ECN broker is a Forex Company which uses the ECN (Electronic Communications Network) of banks to provide its clients direct access in the Foreign Exchange market. ECN brokers have access to different liquidity providers and thus they may offer their clients tighter spreads and better trading terms than market makers. ECN Brokers are No-Dealing Desk Brokers (NDD).
WHAT IS A STP BROKER?
A STP Broker is a Forex Broker that operates a business model similar to the ECN model. A Straight Through Processing (STP) broker connects to multiple liquidity providers (banks, investment companies etc.) and forwards its clients trades directly to them. Traders buy or sell at the best available bid / ask prices provided by the liquidity providers. STP Brokers are No-Dealing Desk Brokers (NDD).
ADVANTAGES OF ECN / STP FOREX BROKERS
Here are the main advantages:
(1) You don’t trade against your broker as in the case of a Dealing-Desk (DD) broker and that makes the trading process more transparent
(2) NDD brokers offer tight spreads on Forex majors based on their better liquidity
(3) ECN / STP brokers provide fast order execution and that makes them suitable for News Traders and Forex Scalpers
(4) No Re-Quotes on pricing
(5) Automated trading, scalping, and hedging are all allowed by ECN / STP brokers
(6) ECN / STP brokers offer their clients high trade sizes (you may trade up to 200 million USD in a single transaction)
■ COMPARE RATINGS: » All Ratings | » CFD Brokers | » Islamic Accounts | » Asia Brokers
■ COMPARE FUND METHODS: » PayPal Fx Brokers | » Neteller Fx Brokers | » MoneyBookers Fx Brokers
■ COMPARE TRADING FEATURES: » MetaTrader-4 Brokers | » Forex Scalpers | » Social Traders
■ Compare ECN / STP Forex Brokers
ForexValuation.com