Best ECN Broker - Your Recommendations?

Hi everyone,

I am currently exploring different ECN brokers and would love to hear your recommendations. According to you, which is the best ECN broker and why?

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  • Pepperstone: Known for its competitive spreads and fast execution speeds, Pepperstone is a favorite among traders for its reliability and user-friendly platforms.
  • IC Markets: Offers high leverage and low commissions, making it a popular choice for both beginners and experienced traders.
  • FP Markets: Praised for its fast execution speeds and excellent customer service, FP Markets is ideal for scalping and high-frequency trading.

With MB Trading, I’m satisfied. There are both commissioned and non-commissioned pricing structures available on this genuine ECN network.
Utilizing limit orders is rewarded with a refund under the commissioned structure. Utilizing restrictions frequently enough results in a 50% reduction in commissions.

The spread is only slightly increased by the non-commissioned pricing structure. I haven’t found another broker that offers spreads as low as theirs, even with the increased spread.

I haven’t tried any other ECNs, so I can’t say if they are “the best.” However, they are the only ones offering accounts with a $400 minimum deposit in the US.