The brokers listed below are those that are able to provide ECN accounts.

Note: An ECN broker and an STP broker are not the same thing. Learn more about the different forex broker execution models here.

Select a broker below to view in more detail, or sort firms using a different filter criteria using the screener tool on the right. Click on the read more buttons to display additional information about each brokerage service.

■ AvaTrade	■ BelforFX	■ easyMarkets	■ eToro	■ HY Markets	Filter brokers by features and rankings to narrow your search. Select a FilterShow All BrokersAccepting US ClientsSort by Minimum DepositECN BrokersFCA UK RegulatedASIC Australia RegulatedTradeCopy/MAM/PAMM Accounts
■ Interactive	■ Iron FX	■ Markets.com	■ PaxForex	■ TradeStation
■ XM.com

Belforfx Read Full Review
	Location	Minimum Lot Size	Minimum Deposit	Maximum Leverage	Funding Methods	Monthly Inactivity Fee
	New Zealand	$1000	$100	400:1	Wire, Credit Card	None
	Platforms	Devices	Regulator	Chart Trading	EA/Algo Trading	Demo Available
Offer: 150% Bonus for deposit of $1000 or more Learn More	MetaTrader, Belfor FX Mobile	Desktop, Tablet, Mobile	None	✓	✓	✓

HY Markets Read Full Review
	Location	Minimum Lot Size	Minimum Deposit	Maximum Leverage	Funding Methods	Monthly Inactivity Fee
	UK	$2000	$50	300:1	Wire, Credit Card, PayPal, WebMoney	$25
	Platforms	Devices	Regulator	Chart Trading	EA/Algo Trading	Demo Available
Offer: First Deposit Bonus of up to 40% Learn More	MetaTrader 4, WebTrader, HY Pro,	Web, Desktop, Mobile	FCA (186171), ASIC (423082)	✓	✓	✓

Interactive Brokers Read Full Review
	Location	Minimum Lot Size	Minimum Deposit	Maximum Leverage	Funding Methods	Monthly Inactivity Fee
	Connecticut, US	$25000	$10000	40:1	Wire, Cheque, Clearing House Transfer	$10
	Platforms	Devices	Regulator	Chart Trading	EA/Algo Trading	Demo Available
Offer: No promotion is currently available from Interactive Brokers	Trader Workstation, IB WebTrader	Web, Desktop, Mobile	NFA (0258600), FCA (178750)	✓	✗	✓
▼ Read More Great for . . . ✓ Interactive offers an ECN model with direct access to the interbank market – this means there is no markup on spreads, no re-quotes, and avoids the conflict of interest associated with dealing desk brokers. ✓ The Interactive Brokers group of companies are a highly established and reputable firm with a strong track record for ensuring the security of client funds. The company holds over $5 billion in equity capital, and has a BBB+ S&P rating. ✓ This broker accepts forex clients from the United States. Forex can be traded from the same account as securities and derivatives. But be aware that . . . ‒ Forex brokers in the US are regulated by the National Futures Association (NFA). Leverage is limited to 50:1 for major pairs and 20:1 for minor currencies. Hedging is not permitted. ‒ The use of ‘expert advisor’ automated strategies is theoretically possible via the broker’s API, which can also facilitate trading via a MetaTrader front-end. This is only recommended for the technically savvy though. ‒ Interactive Brokers focuses on attracting managed funds and accounts from experienced professional traders. Their minimum initial deposit is therefore very high, and their customer support may not be geared towards new traders. ‒ Initial deposit requirements are relatively high, and the minimum trade size is a standard lot.

Iron FX Read Full Review
	Location	Minimum Lot Size	Minimum Deposit	Maximum Leverage	Funding Methods	Monthly Inactivity Fee
	Cyprus	$1000	$500	500:1	Wire, Credit Card, PayPal, Skrill, Neteller	None
	Platforms	Devices	Regulator	Chart Trading	EA/Algo Trading	Demo Available
Offer: Cash Rebates up to $3 per trade Learn More	MetaTrader 5, WebTrader, AutoTrade	Web, Desktop, Mobile	CySEC (125/10), FCA (585561), ASIC (417482)	✓	✓	✓

This comparison table has been created to help you compare forex brokers by account and platform specifications bonus offers and find the best forex broker for your currency trading needs.

No one forex broker’s product or service is definitively “the best”; each trader has his or her own unique requirements, financial circumstances, and trading goals. Before you begin, you might like to read tips on how to choose a broker so that you know the key features to look for. We also suggest that you read reviews for each forex broker, and take advantage of any promotions or offers that are available.

The broker comparison table is provided to help you to find the best match for your individual investment objectives.

 

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