10 forex brokers ranked

Best ECN Brokers 2026

ECN brokers with raw interbank spreads, low commissions and no dealing desk — ideal for scalpers and algorithmic traders.

Updated October 2026 Our methodology

Editor's choice

IC Markets

4.7(3)

Best for: Scalpers & algorithmic traders

Min. deposit

$200

Max leverage

1:500

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

ASICCySECFSA (SC)SCB

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Pepperstone

4.8(2)

Best for: All-round trading & tier-1 safety

Min. deposit

Max leverage

1:500

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

FCAASICBaFinCySEC+3

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FP Markets

4.6(1)

Best for: Low-cost ECN trading

Min. deposit

$100

Max leverage

1:500

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

ASICCySECFSCAFSA (SC)+1

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Vantage

4.5

Best for: Low-cost copy trading

Min. deposit

$50

Max leverage

1:2,000

Spread from

0.0 pips

Platforms

MT4, MT5, TradingView

ASICFCACIMAVFSC+1

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HFM

4.4

Best for: Flexible accounts & bonuses

Min. deposit

Max leverage

1:2,000

Spread from

0.0 pips

Platforms

MT4, MT5, Proprietary

FCACySECDFSAFSCA+3

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Fusion Markets

4.5

Best for: Lowest trading costs

Min. deposit

Max leverage

1:500

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

ASICVFSCFSA (SC)

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FXTM

4.4

Best for: Education & emerging markets

Min. deposit

$200

Max leverage

1:3,000

Spread from

0.0 pips

Platforms

MT4, MT5, Proprietary

FCACySECFSCAFSC (MU)+1

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BlackBull Markets

4.4

Best for: TradingView traders

Min. deposit

Max leverage

1:500

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

FMAFSA (SC)

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RoboForex

4.3

Best for: High leverage & cent accounts

Min. deposit

$10

Max leverage

1:2,000

Spread from

0.0 pips

Platforms

MT4, MT5, cTrader

FSC (BZ)

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CTForex

4.7

Min. deposit

$50

Max leverage

1:2,000

Spread from

0.0 pips

Platforms

MT5

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.