ECN Trading Account
FXOpen offers ECN trading accounts designed to meet the needs of both retail and professional traders. With market execution, you can trade with the security of knowing that your trade will always be executed at the best available price with no requotes.
Trade forex, global indices, stocks, commodities, and cryptocurrency CFDs, all from a single trading platform. Aggregated liquidity from top-tier financial institutions ensures ultra-fast execution, allowing you to place large-volume orders with floating spreads from 0.0 pips.
Enjoy a highly liquid, transparent trading environment designed for traders who demand precision, speed, and competitive pricing.
Basic ECN
Floating spreads from 0.0 pips
Commission
FX
$3.50
Crypto CFD
From 0.08%
Index CFD
0%
Commodity CFD
0.005%
Shares CFD
0.1%
Terms
Deposit
from $300
FX traded
volume
‹ $5M
Classic ECN
Floating spreads from 0.0 pips
Commission
FX
$2.50
Crypto CFD
From 0.08%
Index CFD
0%
Commodity CFD
0.0025%
Shares CFD
0.1%
Terms
Deposit
from $1000
FX traded
volume
$5M - $25M
Advanced ECN
Floating spreads from 0.0 pips
Commission
FX
$1.80
Crypto CFD
From 0.05%
Index CFD
0%
Commodity CFD
0.0018%
Shares CFD
0.1%
Terms
Deposit
$25,000 - $250,000
FX traded
volume
$25-$250 Million
Elite ECN
Floating spreads from 0.0 pips
Commission
FX
$1.50
Crypto CFD
From 0.03%
Index CFD
0%
Commodity CFD
0.0018%
Shares CFD
0.1%
Terms
Deposit
over $250,000
FX traded
volume
› $250 Million
The commission rate can change up or down from month to month, depending on the traded volume in USD terms for the previous period, and also the account equity at the recalculation time.
Notes:
- FX Commission: Per side for a standard lot of 100,000 units. For FX Pairs with a base currency other than USD, the commission is in units of the base currency. The base currency is the first currency in any currency pair e.g. € for EURUSD, £ for GBPUSD.
- CFD Commodities: Commission calculated as a percentage of the notional value.
- CFD Indices: Commission is 0% for all account tiers.
- US Shares: Commission is 0.1% per side, with a minimum of $1 per order.
- HK Shares: Commission varies by account balance, with a minimum of 20 HKD per order.
- Cryptocurrency: Commission varies by platform (MT4/MT5 or TickTrader) and order type (Market or Limit).
- Traded Volume Discounts: Applicable to Forex commission, calculated based on the total traded volume over the last 30 days in USD equivalent.Commissions for 1 Standard Lot (100,000) per side.
Advantages of FXOpen’s ECN Account
Direct Market Access
Trade on raw prices from banks and liquidity providers with no dealing desk intervention.
Cost-Effective Trading
Benefit from tight spreads and low commissions, ideal for high-volume trades.
Multi-Asset Account
Access over 700 markets across 5 asset classes, without the need for separate accounts.
Advanced Trading Tools
Utilise automated trading strategies with support for Expert Advisors and custom indicators.
Trader-Centric Approach
Founded by traders, for traders, FXOpen prioritises your needs, ensuring a seamless and rewarding trading experience tailored to you.
Ultra-fast execution
Your trade is executed instantly through our wide range of liquidity providers streaming real-time prices.
Key Features of ECN Trading Accounts
| ECN Trading Accounts | |
|---|---|
| Account Currencies | USD, AUD, CHF, EUR, GBP, JPY, SGD, GLD* |
| Demo Account |
|
| Bussiness Model | ECN |
| Trading Time |
22:00 Sun - 22:00 Fri (GMT) 24/7 for Cryptocurrency CFDs |
| Minimum deposit |
$100 (or the equivalent in another currency) |
| Maximum balance | No limit |
| Spread | floating, from 0 pips |
| Commission (per 1 lot) | from $1.50 |
| Quotes format | 0.12345 |
| Minimum transaction size | 0.01 lot |
| Maximum transaction size | not limited** |
| Minimum increment | 0.01 lot |
| Leverage |
up to 1:500 see the details |
| Margin call and Stop Out |
Margin call 100% Stop out 50% |
| Inactive account fee |
Inactive accounts will be charged $10.00 each month. The fee will be deducted from the account automatically. Find out more here. |
* All values for Gold-based accounts (including account balance, profit, etc) in MetaTrader 4 are indicated using GLD. 1 GLD = 0.001 troy ounce (equal to approx. 0.03 grams of gold).
** Maximum transaction size can be limited by the liquidity available in the ECN.
Why Choose an ECN Account?
An ECN (Electronic Communication Network) account connects traders directly to liquidity providers, enabling transparent and efficient trading with no intermediary involvement. It is perfect for traders who demand speed, transparency, and competitive costs.
Who Should Use It?
- Day traders
- Scalpers
- High-volume traders
- Those seeking raw pricing and fast execution
Differences Between Gross and Net Accounts
| Gross account | Gross account | Classic ECN |
|---|---|---|
| Number of positions on the same financial instrument | Many | One |
| Opposite positions (Buy and Sell) on the same financial instrument |
|
|
| Increasing position volume |
|
|
| Decreasing position volume |
Partial closing of a position decreases its volume. In the Order Modification window, specify a smaller volume and click Close by Market. The specified Trade Volume is closed, and the position remains open with the Remaining Volume. |
To decrease the Net position volume, open an opposite position of a smaller volume. |
| Position reversal | To reverse a position, use the Reverse Trade Position command. The current position is closed and the opposite position of the same volume is opened. | To reverse a Net position, open an opposite position of a larger volume. |
| Closing position | Position is closed using the Close position command. | Net position is closed by opening an opposite position of the same volume. |
How Do I Open a Trading Account?
Simply complete the 3 steps below:
Register
Complete the simple registration form with just your email address, phone number and password.
Verify
Continue the application process to verify your trading account and supply ID documents.
Fund and trade
Once verified, fund using our multiple funding options and start trading.
Frequently Asked Questions
What is the minimum deposit for an ECN account?
What platforms are supported?
How to define success in ECN trading?
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.
Testimonials from FXOpen Traders
Based on reviews for all FXOpen companies.