ECN Trading in the UK
Open an ECN account with FXOpen and access forex, stock, index, ETF, and commodity markets via CFDs.
What is ECN in trading?
Electronic Communication Network (ECN) trading meaning refers to a system that enables you to trade on raw prices from liquidity providers through an ECN broker, with a small commission* charged for its services. It is chosen by traders as it typically provides tighter spreads*, faster execution, and increased transparency. Since prices are sourced from multiple liquidity providers, this ensures more competitive and accurate quotes.
Advantages of ECN trading with FXOpen
One account with multiple instruments
FXOpen isn’t just an ECN forex broker. With us, it’s enough to have one account to trade over 700 assets in forex, share, index, ETF, and commodity markets via CFDs.
Protection of client funds
All client funds are fully segregated from FXOpen's own funds in accordance with FCA Client Asset Rules. Client funds are held in segregated accounts at Barclays Bank Plc and retail client funds are fully protected up to £85,000 by the FSCS.
True ECN broker in the UK
FXOpen is a true ECN broker trusted by more than 1 million traders worldwide. We were the first to successfully integrate the ECN model into the well-known MetaTrader 4 (MT4) platform.
Access anytime, anywhere
Traders can open and manage their trades via the desktop, web-based, or mobile version of the suite of trading platforms, including MetaTrader 4, MetaTrader 5, and TickTrader.
Use automated trading
You can download and use ready-made scripts and expert advisors or create custom indicators and scripts based on your strategy.
Get more value with every trade
At FXOpen, you can trade with spreads from 0.0 pips* and commissions starting at just $1.50 per lot*. Enjoy transparent pricing with no fixed spreads* or hidden markups*.
What is an ECN trading account?
An Electronic Communication Network (ECN) account is a type of trading account that allows traders to place orders directly through an ECN broker, who matches and executes the trades. The broker doesn’t add a markup to the spread but charges a small commission* for this service. Trades are executed at the best available prices because liquidity is sourced from a broad network of providers. The ECN model also offers flexibility, enabling you to trade a variety of instruments without needing to open multiple accounts.
Which instruments can you access at FXOpen?
By opening an ECN account with FXOpen, you’ll be able to trade CFDs on:
Forex
Explore over 50 currency pairs with tight spreads from 0.0 pips* and commissions as low as $1.50 per lot* on an ECN forex trading account with FXOpen.
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Commodities
Trade CFDs on metals (gold and silver) and energy commodities (Brent and WTI crude oil and US natural gas) with tight spreads* and low commissions*.
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Shares
Trade share CFDs of the world's largest companies. Enjoy commissions from $1 per order* for US shares.
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Indices
Gain exposure to leading global indices via CFDs without commission* and with tight spreads*.
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ETFs
Gain exposure to a diverse range of markets and sectors via CFDs.
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How to open an ECN trading account
Register
Choose your country of residence.
Fill out the online registration form
Complete the online application.
Log in and get started
After you fill out the application, you will be provided with a username and password. Log in to the Client portal and deposit funds. Now you are ready to start!
Select your ECN trading platform
Choose your platform to trade anytime, anywhere—on mobile, desktop, or directly in your browser.
TickTrader
We developed a cutting-edge platform for advanced charting, lightning-fast execution, and deep customisation.
MetaTrader 4
The platform traders love around the globe for its user-friendly design and powerful automated trading features.
MetaTrader 5
A versatile multi-asset platform, equipped with advanced analytical and trading tools.
FAQ
How can I trade through ECN?
To trade through ECN, you need to open an ECN trading account with a broker that offers this type of service—for example, FXOpen. After you register and fund your account, you'll need to choose an ECN trading platform like MT4 or MT5. Your orders will be matched with the best available bid or ask price from various liquidity providers. You will be charged a small commission* for broker services instead of dealing with widening spreads*.
Which is better, ECN or STP model?
The choice between ECN (Electronic Communication Network) and STP (Straight Through Processing) model depends on a trader’s goals, style, and strategies. The former typically offers tighter spreads* as a trader is charged a commission* per trade. It provides more transparency and access to real-time market depth. Therefore, an ECN model is popular among traders who use scalping, high-volume or news trading. An STP model often doesn't charge a commission but offers slightly wider spreads. It’s more popular among swing traders.
What is the minimum required deposit to open an ECN account?
The minimum deposit for an ECN account varies depending on the broker. At FXOpen Ltd, the minimum deposit is £300, $300, or €300.
* Additional fees may apply.