There are many reasons to trade with direct market access brokers that offer STP or ECN access. However it’s hard to know which brokers you should personally trade with. DrForex have narrowed down your selection by conducting research into the ultimate STP and ECN brokers. Find our list inside.
This broker type offers a model that allows for quicker, sometimes cheaper and usually more effective trading. There is no dealing desk inside the company. Rather the investments are passed on directly to third party liquidity providers (STP) or as in the case of the ECN (electronic communication network) to an electronic system.
When it comes to finding a good broker in this area, it’s important to bear in mind a few things. Firstly, you want to be trading with a broker who is a true ECN broker. That means a broker that gives direct access to interbank price feeds from over 50 different bank and dark pool liquidity providers. This means better prices for the traders.
The brokers below represent the best STP/ECN Accounts:
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