Awarded by the Traders Union as a leader in the sector.
Best ECN broker 2021
Created by traders for traders FXOpen is a broker that has always had as its main objective the provision of high-level services that have led it to be one of the leading forex brokerage companies in the ever-changing world.
In an event organized by the association of Forex traders (Trader Union) in 2021, an audience of over 200,000 members invited for the occasion expressed their opinion for the nomination of “best Broker” in different categories.
In this circumstance FXOpen, after thousands of traders evaluated their experience with the broker, was awarded the title of best ECN 2021 broker.
The first company in the world that, through structural updates with bridge technology, made it possible in 2009 to use ECN trading. ECN is the acronym for Electronic Communication Network, an electronic system that makes it possible to electronically match purchase and sale orders with the aim of executing them.
From that moment on, all FXOpen clients have obtained free access to ECN markets, being able to make the most of investment opportunities through the use of the renowned MetaTrader platforms.
FXOpen, in addition to making use of cutting-edge platforms such as MT4 and MT5, offers its customers around the world the exclusive ECN integrated TickTrader platforms that make it possible to follow any ECN PAMM account at any time it is deemed necessary to guarantee reliability and power.
ECN FXOpen account features
Used by millions of clients across the globe, FXOpen offers its traders some of the lowest market spreads in the industry starting from 0 pips, extremely low commission costs and instant order execution.
- No Dealing desk.
- By using this system, the broker will not transfer the orders of its customers through the Dealing Desk. This means that FXOpen will not take charge of any trading operations opposite to those of its client, but simply connects the two counterparties to each other, without consequently creating any conflict of interest.
- Any approved trading style.
- The trader will be able to carry out his trading activity using any type of style or strategy possible such as scalping, news-trading, automated HFT, EA.
- Minimum deposit allowed of 100 USD, minimum lot 0.01 and commission fees starting from 1.5 USD per standard lot.
- ECN trading with TickTrader platform.
- According to their needs, each trader can choose the most suitable account for the trading strategies to be implemented.
In addition to holding the title of best ECN broker, FXOpen has found excellent acclaim in the Best European Broker category, obtaining an overall score of 8.2 / 10.