ECN Forex Broker Comparison List (Sortable)

Forex Broker Min Deposit Commission Max
Leverage
ECN? E-Gold? MT4?Since
Forex Club $10 $4/100k --Y N N 2000
Hotspot FX$7500$3/100k 50:1Y N N 2000
Interactive Brokers $5000$2/100k50:1 Y N N 1998
EFX Group$400$5/100k 100:1Y-- N 2000
MB Trading$400 Y 100:1YN --2002
LiteForex$1 N 500:1YY -- 2004
Dukascopy$50,000 N-- Y N--2004
Swissnet Broker $200 N --Y N--2005
This Forex Broker Comparison List is Sortable, Just Click On The Header Text once or twice.
*Information is subject to change at any time
**We do not guarantee the accuracy of the information in this list, if you know of any discrepancy please email us and we will update the list.
***Some information is unavailable to us in our research and is indicated by two dashes "--"

ECN Forex Brokers

An ECN Broker (Electronic Communications Network) does not operate a dealing desk to trade foreign currency, but instead provides a marketplace where multiple market makers, banks and traders can enter competing bids and offers into the platform either inside or outside the spread, allowing traders to trade on narrow spreads. ECN Brokers usually have a commission fee attached to each trade, but if you calculate it, most of the time it translates into less than a pip per trade. 

Broker Info

 

More Forex Resources

THE RISK OF LOSS IN TRADING FOREIGN EXCHANGE (FOREX) CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FOREX TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex market. Don't trade with money you can't afford to lose.