Forex ECN Brokers List

ECN brokers act as intermediaries in transactions between individual clients and the market/interbank system. ECN is the abbreviation for the Electronic Communication Network. ECN brokers collect orders from their retail clients and send them to the Forex market, where they enter into relevant transactions. Everything is done using IT systems, so the whole operation takes a fraction of a second. The broker’s fee is a commission on the executed transactions. An ECN broker more and more frequently wins the competition with an MM (Market Maker) broker owing to a greater trust he has with the traders. Below we present a ranking of ECN brokers.