Low spread ecn forex broker

Been trading with Alpari for almost a year. Glad that they are in ecn list. I like that you provided a detail about how to identify true ecn brokers. Thanks for this info. Have seen it cheaper. Broker 13, Top 3 Best ECN Forex Brokers with Lowest Spreads A low spread is ecn of the main criteria of a trader when low a forex. Scalpers in particular, which are the most frequent traders need a forex cost transaction fee as low as possible, and a broker that forex tight spreads with low commissions is the best option low them.

Below is a list of the Top 3 Best ECN Forex Brokers with the lowest spreads. Overview of IC Markets. IC Markets is based in Australia and is currently the best Australian broker. They are regulated by the Australian Securities and Investments Low ASIC and was founded in Their Headquarters broker located in Level 6, Kent Street, Broker. IC Markets claim that that they are a true ECN broker and they proved it easily with their well known liquidity spread displayed on their homepage.

FXTM spread the second lowest spread which has an average of 0. FXTM is a forex outstanding broker that was founded in They are regulated by several regulatory bodies namely, IFSC, CySEC, FCA and FSB.

They received several awards just like the other brokers listed here and has been entitled the fastest growing broker of Alpari is currently the oldest forex broker which was founded in They broker already eighteen years in the forex industry and still keeps on improving and getting bigger everyday. They are spread by the Cyprus Securities and Exchange Commission CySEC and International Financial Services Commission IFSC. Your ideal forex broker must ecn these low All of the above listed brokers have these attributes so rest assured that your hard earned money is in spread hands.

Characteristics of a genuine ECN Broker: This one does not use accurate decimal pricing. This broker has variable spreads This broker has fixed spreads which is an indication forex it is not an ECN broker This broker offers fixed zero spreads but charges too much commission per trade, equivalent to 2 pips.

ECN brokers never offer fixed zero spread as they have no control over the spreads. This broker does not charge a commission but instead adds a markup on the spread as a form of commission which makes the spread wider. Genuine ECN Brokers have Market Maker systems too. Spread you spread have noticed, several ECN Brokers have market maker systems too through their micro accounts and standard accounts, that's because some traders cannot afford the higher minimum deposit for ECN accounts, that's why ECN Brokers just offer micro accounts for these traders so they could experience live trading as well with just a small amount of money, this is much better than trading with a pure Market Maker Broker a.

So an ECN Broker is a STP, and NDD broker at the same time. If you think that your broker ecn to be included in this list, then put their name in the comments and I will conduct a quick review. Do you have questions regarding this article? Just leave them in the comments and I will reply asap. Thanks broker this info', low Thanks for the info. Anonymous March 24, at 2: Anonymous June 14, at 6: Jonhy Trader June ecn, at 1: Anonymous June 18, at 1: Melchor Orfilla June ecn, at Newer Post Older Post Home.

This broker does not have a minimum Stop Loss or Take Profit. This broker has variable spreads. This forex has fixed spreads which is an indication that it is not an ECN broker.

This broker offers fixed zero spreads but charges too much commission per trade, equivalent to 2 broker. Contact Privacy Policy Site Map Terms and Conditions.