MT4 ECN Forex brokers

Besides MT4 ECN, some Forex brokers may also offer regular non-ECN accounts.

To avoid mistakes, spend an extra minute to compare account types and conditions on brokers websites.

Your MT4 ECN account should have such conditions as: “ECN, Market execution, variable spreads, commission rate” and should never have such keywords as “Instant execution, fixed spreads, no commission”

BrokerSinceLeverageUSTypeRegulatoryAverage ScoreReviews
BDSwiss 100X33LOGO2010500:1MM/STPFCA, ASIC, CySEC, FSB0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5

The list of brokers who offer MT4 ECN accounts

MT4 ECN BrokerMinimum deposit
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1BillionForex$20,000
3TG Brokers$1000
Admiral Markets$1600
ADS Securities London$5000
Alpari$300
ALVAST TRADE$500
Apex Financial Services$10,000
AssetsFX$200
ATC Brokers$5000
Atom8$5000
Baxter-FX$50,000
BCapitalsFX$3000
BelforFx$2000
BlackBull Markets$1000
BTFX$2500
Bulbrokers$100
Bulls and Bears Forex$1000
Bulls Capital Markets$1000
CAPPROFX$500
CFH Clearing$50,000
CommexFX$10,000
Core Liquidity Markets$10,000
Divisa Capital (DCFX)$5000
Dukascopy Bank SA$100
EightCap$100
ELEX - Electronic Markets$1000
Esther FX$100
EXNESS$300
FastQuote Securities$2000
FIBO Group$300 (MT4 & MT5 ECN)
Fidelis$500
FinFX$1000
Forex Broker Inc$100
Forex-Metal$1000
Forex.ee$200
FormulaFX$100
FP Markets$200
FreshForex$1
FW Markets$10,000
Fort Financial Services$500
FX Choice$100
FX-EDGE$200
FXCC$100
FXFair$1000
FxNet$5000
FX Next$500
FXOpen$1000
FXOpen UK$300
FXPRIMUS$1000
FXTG$7500
Gallant Capital Markets (GCMFX)$50,000
GCI Financial$500
GCM Forex$100,000
GDMFX$500
Global Prime Forex$500
GO Markets$3000
Grand Capital$1000
HiWayFX$1000
HotForex$500
IC Markets$200
IC Markets Forex Rebates$200
ICM Capital$200
IKON Group$10,000
InterTrader Direct$500
InvesttechFX$1000
Investorseurope$250
IronFX$500
IV Brokers$1000
JustForex$2
Key To Markets$100
London FX$5000
LAND-FX$2000
MFX Broker$1 (MT4 & MT5 ECN)
MB Trading$400
MTrading$1
MXT Global$500
Nexsus Financial Markets$2000
NimrodFX$2000
NordFX$1000
NSFX$3000
Orbex$500
Pacific Financial Derivatives (PFD-NZ)$1000
Pepperstone$200
Price Markets$500
Real ECN$100
Real-Forex$10,000
Renesource Capital$1000
RoboForex$300
Royal Forex Trading$10,000
Rubix FX$500
Ruizean Trader$1000
SaudiQuote$50,000
Seven Star FX$10,000
SmartTradeFX$100
Solforex$200
Sterling Gent Trading$200
Sunbird$5000
Super Hot Forex$5000
Swiss International$7,500
TFX Markets$500
ThinkForex$10,000
Tickmill$25
TopFX$50,000
Trader's Way$50
TradersChoiceFX$25,000
TradingForex.com$1000
Vantage FX$500
VitalMarkets$10,000
VPE Bank$5000
YouTradeFX$500

Brokers with stand alone MT4 and ECN platforms:

FXDD – separate MT4, separate ECN (Power Trader – Currenex) platform.
Ikon GM – separate MT4, separate ECN (Ikon Viking – Currenex) platform.
MBCFX – separate MT4, separate ECN (Currenex) platform.

MT4 ECN – how it works?

mt4ecn
MT4 platform was never meant to be used for ECN trading. It was created as a dealing desk software.
To make MetaTrader4 support ECN (level 2) trading, Forex brokers needed to implement a bride to a true ECN platform.

With MT4-to-ECN bridge a true level 2 trading becomes possible.

Currenex is an example of an advanced trading platform build for true ECN trading. With MT4/Currenex integration a broker is able to offer an interface of a familiar MT4 platform with extra features available only through Currenex, such as access to the interbank rates, advanced liquidity, fast order execution speed, access to the market depth data, one-click trading, OCO orders and much more.

MT4 ECN trading advantages

– you’ll trade in a true non-deal desk environment while still using MT4 platform;
– you get most competitive spreads & 5 digit precision pricing;
– you can see and click on the best bid and ask offers from multiple liquidity providers;
– when there is a requested price in the system, you’ll always get filled without re-quotes;
– you can scalp or trade news without restrictions;
– you can trade with your MT4 Expert Advisor;
– pending orders can be placed inside the spread;
– your pending orders, stops & profit targets are not visible to brokers, banks or any other market players until filled.

MT4 STP vs MT4 Instant

The document from Boston Technologies about MT4 ECN/STP integration can be downloaded and read here: MT4STP_vs_MT4Instant.pdf

MT4 ECN with one click trading

All MT4/MT4-ECN platforms are now capable of supporting one-click trading. The option became possible with a new MT4 build 482 released by MetaQuotes.

Your broker will either have it preset, or you’ll be able to run an EA.
Download one click trading EA: OneClickExpert.exe
To show one click trading panel on MT4 use Alt+T, or click the icon in the upper left corner, or select it from the context menu.

MT5 ECN Forex brokers

There are a few brokers, who already open live MT5 ECN accounts: MT5 ECN brokers list

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