Best ECN/STP Forex Brokers

Filtered to brokers whose execution model is confirmed as ECN, STP, or no-dealing-desk somewhere on their review page, then ranked by our execution/trading-conditions score.

BrokerAvg. spreadPlatformsExecution score

01 AvaTrade EU-regulated (MiFID passporting) + FSA Seychelles No. SD033 · est. 2006 0.93 pips (EUR/USD) Proprietary (AvaTradeGO), MT4, MT5, DupliTrade, ZuluTrade 4 / 5 Read review Visit Broker

02 Interactive Brokers FCA No. 208159 · est. 1978 Not confirmed TWS (Trader Workstation), IBKR Desktop, IBKR Mobile, Client Portal (WebTrader) 4 / 5 Read review Visit Broker

03 ThinkMarkets CySEC No. 215/13 + FCA No. 629628 + FSA Seychelles No. SD060 · est. 2010 1.1 pips (EUR/USD) MT4, MT5, TradingView, Proprietary (ThinkTrader) 4 / 5 Read review Visit Broker

04 Exness CySEC No. 178/12 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD025 · est. 2008 0.2 pips (EUR/USD) MT4, MT5, Proprietary (Exness Terminal) 4 / 5 Read review Visit Broker

05 CFI EU-regulated (MiFID passporting) + FCA No. 828955 + FSA Seychelles No. SD107 · est. 1998 0.4 pips (EUR/USD) MT5, cTrader, TradingView, Proprietary (CFI Trading App) 4 / 5 Read review Visit Broker

06 OANDA FCA No. 542574 · est. 1996 Not confirmed MT4, MT5, Proprietary (OANDA Trade / fxTrade) 4 / 5 Read review Visit Broker

07 IG CySEC No. 309/16 + FCA No. 195355 · est. 1974 0.6 pips (EUR/USD) Proprietary, MT4, ProRealTime 4 / 5 Read review Visit Broker

08 Pepperstone CySEC No. 388/20 + FCA No. 684312 + FSA Seychelles-licensed (licence number unconfirmed) · est. 2010 1.1 pips (EUR/USD) MT4, MT5, cTrader, TradingView 4 / 5 Read review Visit Broker

09 HF Markets CySEC No. 183/12 + FCA No. 801701 + FSA Seychelles No. SD015 · est. 2010 1.2 pips (EUR/USD) MT4, MT5, Proprietary (HFM App) 4 / 5 Read review Visit Broker

10 FOREX.com CySEC No. 400/21 + FCA No. 446717 · est. 1999 1 pips (EUR/USD) Proprietary, MT4, MT5, TradingView 4 / 5 Read review Visit Broker

11 FP Markets CySEC No. 371/18 + FSA Seychelles No. SD130 · est. 2005 1 pips (EUR/USD) MT4, MT5, cTrader, TradingView 4 / 5 Read review Visit Broker

12 FXCM CySEC No. 392/20 + FCA No. 217689 · est. 1999 1.3 pips (EUR/USD) Trading Station (proprietary), MT4, ZuluTrade, NinjaTrader 4 / 5 Read review Visit Broker

13 Vantage Markets FCA No. 590299 + FSA Seychelles-licensed (licence number unconfirmed) · est. 2009 Not confirmed MT4, MT5, Proprietary (ProTrader) 4 / 5 Read review Visit Broker

14 Eightcap CySEC No. 246/14 + FCA No. 921296 + FSA Seychelles No. SD100 · est. 2009 1 pips (EUR/USD) MT4, MT5, TradingView 4 / 5 Read review Visit Broker

15 Ultima Markets CySEC No. 426/23 + FCA No. 470325 · est. 2016 Not confirmed MT4, MT5, Proprietary (UM Terminal) 4 / 5 Read review Visit Broker

Built from our disclosed nine-category methodology -- the same absolute rubric and the same scores shown on every individual review, filtered and sorted for this specific list rather than scored differently for it. See all best-broker lists.