ECN Trading | ECN Account Broker | ECN Forex

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 a popular option as it’s ideal for executing trades in high volume, while you can also 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 broker, you can use one platform for commodity trading (metals and energy only) as well as indices, shares, forex and cryptocurrency* CFDs.

You're trading with an FCA regulated broker

based in the UK. Your funds are fully protected up to £85,000 by the FSCS.

Highly customisable

to your individual trading style and strategies, meaning you are in complete control of your commodity trading.

Access to automated trading

You have the choice to 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 trading platform. The web-based version is particularly useful for Apple Mac users, where a direct download is not available.

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
with FXOpen

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. When you use 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.

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 via your ECN trading system, 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 and weighed up all the determining factors before they embark upon their 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 £300, $300 or €300. We’re fully regulated by the FCA and offer FSCS protection up to £85,000, which means you can sign up for an ECN trading account with that all-important peace of mind.

All you have to do is fill out our simple registration form and verify your identification before you can start trading. 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. That means the broker matches a trader’s order either 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, and as such have no conflict of interest with their clients. Through ECN brokers, traders can typically execute deals on more than one instrument – such as forex, indices and commodities. This means clients do not have to open multiple ECN trading accounts to access these markets.

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

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. Find out more about STP and ECN trading accounts.

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, but the key is to make your decisions with conviction, backed up by the in-depth research and analysis you have carried out.

Before you open your ECN trading account, set out your objectives and how you’re going to achieve them and be careful to manage your 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
with FXOpen

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