ECN Trading | ECN Account Broker | ECN Forex Trading Platform

FXOpen: ECN trading for the experts

An electronic communication network (ECN) trading system uses market execution and enables you to trade on the raw price from the banks and liquidity providers while being charged a small commission. An ECN trading account from FXOpen is ideal for executing trades in high volume, plus you can use it to access a wide range of instruments.

Advantages of ECN trading with FXOpen

One platform with multiple instruments and markets

With us as your ECN account broker, you can use one platform for CFD trading using different underlying assets such as commodity (metals and energy only), indices, shares, forex and cryptocurrency.

You're trading with an ASIC-regulated broker

We’re authorised and regulated by ASIC in Australia and keep client funds in segregated Australian bank accounts.

Highly customisable

Your ECN account can be tailored to your trading style and strategies, giving you complete control of your trading.

Access to automated trading

You can download and use ready-made scripts and expert advisors or create a custom indicator or script, based on your very own trading strategy.

Access anytime, anywhere

via the desktop, web-based or mobile version of the MT4, MT5 and TickTrader trading platform.

Access to a wide range of analysis

50+ built-in indicators and graphic tools for technical analysis, quotes history center, strategy tester and news, all designed to help you increase your trading knowledge.

Open an ECN trading account

What is an ECN trading account?

On an ECN trading platform, orders are matched and executed by the broker while the trader is charged a small commission for that service. That commission means there is no premium placed on the raw spread. With FXOpen’s ECN trading system, you can rest assured there is no dealing desk and that your trade will always be executed at the best possible price.

An ECN trading account can also offer plenty of flexibility in that you can deal in a range of instruments without having to set up multiple accounts. You could delve into ECN forex trading, focus on shares, or create a diverse portfolio featuring indices and crypto too.

Which instruments can you access via ECN trading?

By opening a CFD ECN trading account with FXOpen, you’ll be able to trade CFDs in:

Forex

the conversion of one currency into another

Commodities

the exchange of assets – metals and energy– based on the price of a physical product such as gold or oil

where you buy and sell stocks in publicly listed companies

Indices

the trading of a group of shares within a certain sector or niche

Cryptocurrencies*

where you buy and sell the underlying coins or speculate on their price movements via CFD trading.

The risks and rewards of ECN trading

When you access any of the above instruments through your ECN account, it’s crucial that you understand the risks involved. As an ECN account broker, we will always execute your trade at the best available price, but that promise does not guarantee you will make a profit.

An ECN trading account is cost-effective and easy to use – especially when it comes to trading in large volumes – but the markets themselves are less predictable. Changes in supply and demand, geopolitical issues and even freak weather conditions can all have an impact, so traders need to make sure they’ve done their research before making trades.

Whether creating a forex ECN trading account, entering the commodities market or otherwise, weigh up all the determining factors before starting your ECN trading journey.

ECN trading with FXOpen

Trade forex, indices, shares, commodities and cryptocurrency* with FXOpen, a leading ECN account broker. You’ll need a minimum deposit of $200 to open an ECN account and a minimum of $10 to open an STP account. We’re fully authorised and regulated by ASIC in Australia, so you can have full confidence that your funds are secure.

All it takes to start trading is to fill out our simple registration form and verify your identification. So, why not contact us today or open an account and enjoy the benefits of our ECN trading platform.

What is an ECN account broker?

ECN account brokers like FXOpen operate on a no dealing desk model, which means the broker matches a trader’s order with a buyer or seller depending on the nature of the order. ECN account brokers make their money by charging a commission on all executed deals, so they have no conflict of interest with their clients.

Through ECN brokers, traders can usually execute deals on more than one instrument such as forex, indices and commodities. This means you don’t have to open multiple ECN trading accounts to access these markets.

What’s the difference between ECN and STP trading accounts?

Your choice of account type – ECN or STP – affects certain factors such as pricing. Straight Through Processing (STP) accounts differ from ECN accounts in that there is no separate commission to pay when a trade is executed. Instead, that commission is already included in the spread. STP trading accounts are perhaps more suited to novice traders who are looking to keep their pricing information simple.

We also offer Crypto-specific trading accounts in Australia. Find out more about our trading account types.

How to define success in ECN trading?

When you start out on your ECN trading journey, it’s important to have clearly defined goals. One trader’s idea of success will look very different to that of another. The key is to make your decisions with conviction, backed up by the in-depth research and analysis you have carried out.

Before opening your ECN trading account, set out your objectives and how you’re going to achieve them while maintaining realistic expectations. There are no guarantees of making a profit with ECN trading, so be sure to have a strategy in place should you make any losses.

As an ECN account broker, our interests align with yours and we want you to enjoy success, however you define it.

Open an ECN trading account

*Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under ASIC Rules. They are not available for trading by Retail clients.