The Forex brokers world has experienced in the past few years a surge in the growth of a new pure breed of brokers called ECN (Electronic Communication Network) brokers. They allow clients to interact directly with each other. An ECN Forex broker executes a client’s trade order by matching it with that of clients on the other end of the trade or interested third parties.
Selecting the most suitable ECN broker out of the several options can be an uphill task even for experts. The fact that some traditional brokers also provide ECN-type of accounts besides other trading accounts complicates matters further. In the table below, you can find a review of ECN Forex brokers and all the information you need to know to choose the best one.
United StatesUS