Find below the list of Top recommended ECN Forex brokers (ECN + NDD No Dealing Desk + STP + DMA) and compare them to find the ECN broker that suits your needs for the best ECN Forex trading experience.

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

What does it stand for? in english, ECN stands for Electronic Communications Network. It is a technology used by brokers to connect their clients directly with the liquidity providers of the Forex market. It is is a fast expanding way for Forex traders to do their trades.

ECN brokers provide their clients a direct access to the interbank market, trades are sent anonymously into a network where it is automatically matched to orders from liquidity providers as major banks, prime brokers, financial institutions. At the opposite, market makers brokers (Non-ECN) take the other side of the trade themselves, creating a conflict of interest with their clients. ECN brokers are also referred to No Dealing Desk (NDD) brokers.

Price transparency, market driven spreads, no requotes, no conflict of interest: broker does not trade against you

Fastest order execution, low latency, low slippage

Ability for scalping, news trading and hedging possible

ECN brokers charge commissions but total fees for a trade tend to be smaller than it is with a standard Forex account.

Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

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