Best ECN / STP Broker 2020

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 2020

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B.I.C Markets

B.I.C Markets was founded in Phnom Penh, Cambodia in 2017 and is regulated by the Securities and Exchange Commission of Cambodia (SECC). The company is also registered to provide financial services by the Registrar of International Business...

FxPro

FxPro is an award-winning online broker offering Contracts for Difference (CFDs) and Spread Betting on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual...

FXTM

The FXTM brand was launched in 2010, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry. In the course of just a few years, FXTM has firmly established itself as a...

LeoPrime

LeoPrime is a world-class next generation multi asset broker offering a wide-range of quality trading services for both retail and institutional clients. LeoPrime is regulated by the Financial service authority. So, whether you're new to...

Libertex

Libertex is a multinational brand with almost 20 years of financial market presence and online-trading experience. We've been helping our clients to trade stocks, currencies, indexes, commodities, gold, oil, gas, and cryptocurrencies since...

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Best ECN / STP Broker 2020 — Previous Years Winners


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