ECN stands for Electronic Communications Networks. Clients of ECN brokers gain direct access to other participants of the currency market.
ECN brokers have a variety of advantages among which there is anti-scalping policy, absence of the so-called “hunt for stop orders”, and low spreads. It must be noted that ECN brokers charge commission for trading forex. Despite this condition, this type of brokers is very popular among traders worldwide.
Below you will find a list of ECN brokers who allow communication between individual and institutional market players. If you are a client of a broker included in the list, please vote for it and leave you feedback.