ECN Forex Brokers

Below you will find a list of Forex Brokers that presumably offer true ECN trading accounts, alongside with other types of accounts. The Electronic Communications Network (ECN) is an automated system that facilitates trades between different market participants. The net connects various brokerage companies, liquidity providers and individual traders in one place. The broker in this scenario usually acts only as an intermediary. It earns money by charging a commission on each opened or closed trade. For the record, one simple way to verify if you really have an ECN account is to check the type of order execution. It should be ‘Market Execution’. Not ‘Instant’ or any other type.