More often than not, Forex rookies who are just getting their feet wet in trading financial markets, cannot tell the difference between ECN brokers and other types of brokers. At the same time, this is an important issue to take into account if you consider to trade Forex seriously.
First of the, ECN brokers stand out from the crowd by having Level II quotation. This allows the trader to watch buy and sell orders at a certain distance from the current price. While an ECN offers this benefit, ECN traders don’t have to invest a lot of money to be able to trade via ECN brokers. The thing is that ECB brokers are capable of providing traders with abundant liquidity at the expense of quantity instead of volume.
At the same time, practice shows that ECN brokers are often the brokers offering the industry’s most comprehensive analytics and customer support. On top of that, they usually offer their won trading software for more efficient trading.
While the benefits of trading with ECN broker can be more or less obvious, it is still a good idea to choose among the best ECN brokers in the industry. Fining such brokers on your own can be difficult. That’s why Masterforex-V Expo offers you a rating of the best ECB brokers. The rating is updated on a monthly basis to let you monitor the latest changes in the niche.
The latest update took place in early November. Let’s take a look at the update rating of ECB brokers.
TOP5:
-FxPrivate Company Ltd
-ACCFX
-Pepperstone
The rest of the rating looks as follows:
- FXOpen
- SunbirdFX
- Vector Securities Ltd
- LiteForex
- ORBEX LTD
- XM
- Dukascopy Bank SA
- Larson&Holz
- GKFX
- Alpari Limited
- FBS Markets Inc
- FIBO Group
- FxPro
- Tallinex
- FreshForex
- Forex4you
- EXNESS
- ECN BROKER
- InstaForex
- MAYZUS
- RoboForex
