Compare true ECN Forex brokers. Sort, filter and rank their ECN accounts based on your personal trading preferences and initial deposit.

An ECN broker allows you to place your buy and sell orders directly in the market against other traders, banks and financial institutions. You can monitor your orders and theirs over a Depth of Market DOM display, also known as a Depth of Market monitor. Depth of Market DOM shows you the liquidity available for every bid and offer.

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DOM is available for every currency pair and changes dynamically as orders are filled and new orders come to market. Changes in liquidity typically pre-date changes in exchanges rates. They tend to rise when there are more buyers than sellers, and vice versa.

Scalpers use Depth of Market information to predict how prices are likely to change in the very near term. ECN brokers earn money through a commission on trades rather than a mark-up on spreads.

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This is why they typically quote spreads as lows as 0 pips. FXCC spreads in our comparison table are for commission-free accounts.

ECN Forex Brokers | ECN Broker List | Australia

Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose.

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Home Compare Brokers ECN Forex Trading ECN Forex Brokers. Depth of Market DOM You can monitor your orders and theirs over a Depth of Market DOM display, also known as a Depth of Market monitor.

Order matching Participants in an ECN can enter competing bids and offers into the platform either inside or outside the spread, and hit one another's orders. You could open a position with a liquidity provider and close it with another, or execute a trade against the bid or offer of another trader.

Related articles Best ECN Brokers ECN Broker Comparison ECN Demo Accounts Why trade with an ECN broker? Tell your friends about us: Featured Brokers 1 for Beginners. Standard 1 pip Account EU only: Fullerton Markets ECN Account.

Fullerton Markets Variable Spread Account.