Best ECN / STP Broker 2017


A CFD (Contract for Difference) is in fact a derivative trading instrument. There are multiple markets to trade CFDs including currency pairs, equities, indices, commodities and bonds. ECN/STP brokerages are the choice of many traders as they mean prompt execution, accurate pricing and more liquidity.

Even today the meaning of ECN (Electronic Communication network) still remains not quite clear to many traders, although this technology has proven to have distinctive advantages over the traditional Market-Maker type.  Now ECN commands a large part of the forex market, so it is important to highlight the key points of it.

The main characteristic of ECN broker that makes it a class of its own is that this technology allows direct processing execution: open orders are processed by STP forex brokers, no intermediary party is involved. This procedure is known as STP (Straight-Through Processing). The advantage of the ECN / STP method is that it allows trader access the liquidity market directly. The liquidity providers are STP business connections (first-class banks, financial companies, etc.). Basically, the strong points of best ECN broker are lower spreads and commissions and easy access to the market. What is more, ECN/STP forex brokers should be noted for market execution, no slippage and no requotes.

ECN /STP technology purports transparency, but traders are strongly recommended not to start ECN trading unless they feel prepared having gained sufficient knowledge about it. When choosing the best ECN broker one should evaluate various reliable sources of information and seek expert advisory to every possible extent.

Forex Awards present to you top ECN brokers working on the present-day financial markets. Vote for the best ECN forex brokers and define the industry leaders of today!

Most indicated strengths of the Best ECN / STP Broker

Indicated strengths reflect the voting users preferences


Please indicate which nominee is currently a benchmark of the Forex Industry

FxPro

FxPro Financial Services Limited is one of the largest investment companies operating nowadays on the international currency markets. FxPro providing services and products for online trading currency pairs. The broker was establishrd in 2006 by...

Regulation: CySEC, FCA, FSB

NordFX

NordFX is a leading multi-awarded international broker that offers individuals and companies a full set of services for Forex trading. Since its foundation in 2008, NordFX always keeps abreast of modern technology, regularly expands its range of...

Regulation: CySEC, FSC (Mauritius), SEBI (India)

OctaFX

Octa Markets Incorporated is a forex broker recognized worldwide. OctaFX provides forex brokerage services to its clients in over 100 countries around the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading...

Regulation: FCA UK

USGFX

USGFX is committed to building long term relationships with its client. This company operates on trust, transparency and respect, and it is with these values and principles that they envision becoming the most trusted and respected forex broker in...

Regulation: ASIC, FSP

Vantage FX

Vantage FX is an ASIC regulated, Australian Forex broker, providing traders access to unparalleled Forex market depth through top tier liquidity providers. Offering Forex Trading, Indices Trading and Commodities Trading,...

Regulation: ASIC, AFSL

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