For starters, valuable knowledge and skills are not the only crucial factors that determine success in trading financial markets. It is also very significant to find work with a reliable broker offering competitive trading conditions. When drawn together, these factors will put the odds of winning in your favor, thereby leading you to the ultimate success in the long run.
There is no doubt that it’s important to work with a reliable broker because if trade via a cheating broker or a scam broker you won’t be able to make any money at all even if you are the best trader in the world. A reliable partner is one of the keys to success in any business, including Forex trading.
At he same time, it is vital to find out what technology you are going to use to trade Forex. There are several trading technologies out there. ECN is one of them. Basically, ECN is considered to be the best technology for professional traders out there since it provides a certain number of benefits, including the full access to the genuine interbank liquidity along with fast execution of client orders etc.
Nowadays, there are dozens of Forex brokers offering ECN accounts. Still, there are few companies that can actually offer the best trading conditions for ECN traders. All in all, there are hundreds of broking companies in today’s highly-competitive Forex industry. Therefore, it is rather difficult to tell good and reliable companies from scams and dirty brokers. Is it possible to choose a truly reliable broker while being guided by objective criteria?
A couple of years ago, Masterforex-V Academy started its own unbiased rating of Forex brokers named MasterForex-V Expo. This was done in order to help beginning and advanced traders to find those broking companies that meet their requirements.
MasterForex-V Expo includes several nominations. One of them is the “Best ECN Broker of the Month”. The rating is based on 23 independent criteria.
Let’s have a look at the current rating of ECN brokers…
Best ECN Brokers. April 2016
TOP5:
- NordFX
- FIBO Group
- XM
- Alpari Limited
- FxPro
They are followed by:
- Larson&Holz
- FBS Markets Inc.
- ORBEX LTD
- Dukascopy Bank SA
- FreshForex
- Pepperstone
- GKFX
- ECN BROKER
- EXNESS
- FXOpen
- MAYZUS
- Vector Securities Ltd
- Forex4you
- RoboForex
- LiteForex
- InstaForex
- ACCFX
- Tallinex
-FxPrivate Company Ltd.
The open voting is still underway. Please make sure that you have cast your vote to help us choose the best ECN brokers in 2016.
