ECN Trading
Open an ECN trading account with FXOpen and access forex, indices, stocks, commodity and cryptocurrency* markets.
Open a ECN trading accountFXOpen: 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, you can use one platform for index trading as well as for commodities (metals and energy only), forex, shares and cryptocurrency* CFDs.
You're trading with a true ECN broker
You're trading with a true ECN broker trusted by more than 1 million traders worldwide.
Highly customisable
to your individual trading style and strategies, meaning you are in complete control of your 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 suite of trading platforms.
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.
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
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Commodities
the exchange of assets – metals and energy– based on the price of a physical product such as gold or oil
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Shares
where you buy and sell stocks in publicly listed companies
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Cryptocurrencies*
where you buy and sell the underlying coins or speculate on their price movements via CFD trading
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Indices
the trading of a group of shares within a certain sector or niche
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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.
Register for an account with FXOpen and gain access to our cutting-edge CFD trading platform.
You can trade multiple instruments – forex, indices, shares, commodities and cryptocurrency* – all from one account and rest assured we’re fully regulated by the FCA and offer FSCS protection up to £85,000.
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How to open a ECN trading account
Select your country of residence
Select your country of residence to get started.
Complete the online application
You will then be directed to our secure server to complete the online application.
Login and start trading
Upon completing the application you will be provided a username and password. Log in to the Client portal, deposit funds, and start trading.
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.
*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.