A List of ECN Forex Brokers that Provide Forex Traders with a Direct Access to the Other Forex Market Participants — Retail & Institutional.
This results in some advantages — no anti-scalping, no «stop-loss hunting», very low spreads; and disadvantages — ECN Brokers charge commissions for Forex trading. ECN stands for Electronic Communication Network and means a network of traders connected via the broker. Such brokers often employ one of the following trading platforms: Currenex Classic, Currenex Viking, MetaTrader 4 ECN, Integral Power Trader.