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  • Forex brokers
    • ECN Forex Brokers – list / ranking
    • Market Maker (MM) Forex Brokers – list/ranking
    • STP (Straight Trough Processing) Forex Brokers – list/ranking
    • NDD (No Dealing Desk) Forex Brokers – list / ranking
    • ETF brokers – list / ranking
    • Cryptocurrency brokers (CFDs on Bitcoin and others) – list / ranking
    • Polish Forex brokers – list/ranking
    • Non-EU brokers
  • Cryptocurrency exchanges
  • Investments
    • Savings Account Ranking (?7.1%) | July 2025
    • Bank deposit ranking (?7.6%) | July 2025
    • Best Investing Apps – Stocks, Exchange, FX, Crypto
    • Does investing in currencies make sense? How do I get started?
    • Trading Platforms 2024: The Ultimate Guide
  • Knowledge
    • Tools
      • Exchange rates
        • Majors
        • Secondary Pairs (Cross Pairs)
        • Exotic couples
        • Cryptocurrencies
      • Macroeconomic data – Calendar
      • Forex calculators
        • Forex Profit Calculator
        • Pip Value Calculator
        • Security Deposit Calculator
        • Pivot Points Calculator
        • Carry Trade Calculator
      • Forex/CFD Tax Calculator
    • How to choose a Forex/CFD broker?
    • How to verify an investment broker’s license
    • MiFID II and ESMA intervention – summary
    • How to become an experienced customer
    • How to become a Forex/CFD professional client
    • How to Simplify Fundamental Analysis in Forex: Indices and Bond-Yield
    • Forex / CFD Investment Dictionary
    • Social Trading in a Nutshell
    • 14 Books on Forex Investing and More
    • Forex and Taxes – Compendium
    • How to get your deposit back when paying by card – Chargeback
    • What to do if you have been scammed
  • The news
    • Articles
  • Warning list
    • Avertissements

ECN Forex Brokers – list / ranking

An ECN is a broker that mediates transactions between individual clients and the interbank market/system. The name ECN comes from Electronic Communication Network. ECN brokers They collect orders from their retail clients and send them to the Forex market, where they execute the appropriate transactions. Everything is done using IT systems, so the entire operation takes fractions of a second. The broker’s remuneration is a commission charged on concluded transactions. ECN brokers are increasingly winning the duel with MM (Market Maker) brokers due to the greater trust they inspire among traders.
Below we present a ranking of ECN brokers.

intertrader broker reviews

1. InterTrader

InterTrader.com is one of the largest brokers in the UK. InterTrader is part of the GVC PLC group, operating in the digital entertainment industry,...

Forex brokers
May 172016
broker aaafx logo

2. AAAFx

AAAFx is a Greek broker offering its services since 2008. The website is available in thirteen languages, unfortunately, Polish is not available. The...

Forex brokers
Oct 282015
Alior Trader - logo

3. Alior Trader

Alior Trader is an investment account offered by Alior Bank . It was established as the first ECN broker in Poland. It has been operating on the...

Forex brokers
Aug 222016
pepperstone broker

4. Pepperstone

Pepperstone was founded in 2010 by a team with years of experience in forex trading and the technology industry. The company is headquartered in...

Forex brokers
Feb 222016
Hantec Markets Broker - Opinions

5. Hantec Markets

Hantec Markets is a broker operating in the market for 25 years, primarily in Asia. Currently, it also offers services to Polish-speaking clients....

Forex brokers
Mar 242017
gcifinancial - Forex

6. GCI Trading

GCI Trading was founded in 2002 and is now one of the leading brands in online financial trading. The company's main areas of operation are currency,...

Forex brokers
Feb 222016
instaforex broker logo

7. InstaForex

Serving clients since 2010 and as an EU-regulated broker, InstaForex.eu has established a strong position in the trading industry. Using ECN...

Forex brokers
Mar 142016
mbank mforex logo

8. mForex

The mBank SA brokerage house has been operating on the Polish market since 1991, making it one of the longest-established. mForex operates on an ECN...

Forex brokers
Feb 222016
go markets broker

9. GO Markets

GO Markets is an Australian broker operating since 2006. It allows trading on over 50 instruments using the MetaTrader 4 platform. Maximum leverage...

Forex brokers
Feb 222016
fxdd broker

10. FXDD

FXDD is one of the largest brokers in the forex industry. It operates through both its US and international branches. Operating since 2002, it has...

Forex brokers
Feb 222016
fxtm broker

11. FXTM (ForexTime)

Please note: The broker has ceased serving individual clients in Europe as of February 26, 2021. Registration is currently only available to...

Forex brokers
Feb 222016
dukascopy bank logo

12. Dukascopy Bank

Dukascopy is one of the largest retail brokers in the world and one of the oldest ECN brokers available to retail clients, but it's worth noting that...

Forex brokers
Oct 282015
one royal

13. OneRoyal

An Australian forex/CFD broker, also known as One Royal or Royal, which began operations in 2006. It operates on a pure ECN model, which has won the...

Forex brokers
Nov 152018
fxcm - Forex

14. FXCM

FXCM is one of the world's largest retail currency brokers. As such, it's well-known and a trusted brand for anyone interested in forex trading....

Forex brokers
Feb 222016
orbex broker

15. Orbex

Founded in 2010, Orbex (formerly AFBFx) is an online financial intermediary specializing in providing retail services in the forex, CFD ,...

Forex brokers
Feb 222016
td365 broker

16. TD365.com

TD365.com is a broker that originated in Australia, where it has been operating under the name TradeDirect365 since 2013. It is one of the few...

Forex brokers
Jan 132022
ic marekts logo

17. IC Markets

IC Markets (IC Trading) is an Australian broker well-known in Europe. Established in 2007, IC Markets has offered its services using an ECN model...

Forex brokers
Oct 182016
tickmill broker

18. Tickmill

Tickmill is a broker that began operations in 2015. Thanks to its excellent offerings, low spreads, and good order execution, it quickly gained a...

Forex brokers
Oct 102017
Liteforex broker logo

19. LiteForex

LiteForex is a broker registered in Cyprus and regulated by CySEC. You can get started with a deposit of just $50 and a maximum leverage of 30:1....

Forex brokers
Feb 222016
fxpro logo - Forex

20. FxPro

Founded in 2006, FxPro is a leading online forex broker. Regulated by the Cyprus Securities and Exchange Commission (CySEC - License No.: 078/07),...

Forex brokers
Feb 222016
fpmarkets

21. FP Markets

A true ECN broker registered in Australia and regulated by the local regulator, ASIC. It also has a branch registered in Cyprus and regulated by...

Forex brokers
Nov 042018
broker admirals former admiral markets

22. Admirals (Admiral Markets)

Admirals is an international broker also based in Poland. The company has been operating in the Contracts for Difference (CFD) and Forex markets...

Forex brokers
Oct 282015
vipro markets broker

23. Vipro Markets

Vipro Markets has been acquired and merged with broker Tickmill . Virpo Markets is a relatively new broker, established in Cyprus in 2015. It is...

Forex brokers
Jul 262016
saxo

24. Saxo Bank

Saxo Bank is a Danish investment bank founded in 1992 that provides online trading services. The company is regulated by several financial regulators...

Forex brokers
Jan 262022

Brokerzy ECN to obecnie jedna z najbardziej pożądanych kategorii brokerów. Z racji na ich bezkonfliktowy model działania, są uznawani za najbardziej uczciwych. Oczywiście brokerzy ECN nie są dobrym rozwiązaniem dla każdego tradera. Szczególnie, jeśli mówimy o początkujących traderach. Brokerzy ECN mają to do siebie, że na ogół nie oferują ochrony przed saldem ujemnym, gdyż zlecenia wysyłane są bezpośrednio na rynek. W przypadku, gdy nastąpi krach, a depozyt tradera spadnie poniżej 0, broker musiałby pokryć go z własnych środków. Nie może jak w przypadku brokerów MM po prostu “anulować” długu. 

Mimo wszystko brokerzy ECN to według nas jeden z najlepszych wyborów. 

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  • Remember

    CFDs are complex and highly risky instruments that can result in rapid capital loss due to leverage.

    Between 74% and 89% of investors lose their money when trading CFDs.

    You must consider whether you can bear the risk of losing your invested funds.

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      Financial Warnings from the UK (FCA), Malta (MFSA) and Spain (CNMV) | April 2025 #1

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  • How to Choose a Broker [eBook]

    wybór brokera forex - ebookPobierz eBook
  • TOP 5 Brokers

    • 1 td365 broker

      TD365.com

    • 2 ic marekts logo

      IC Markets

    • 3 logo xtb

      XTB

    • 4 purple trading logo

      Purple Trading

    • 5 tickmill broker

      Tickmill

  • TOP 3 Stock Exchanges

    • 1 binance

      Binance

    • 2 kucoin crypto logo

      KuCoin

    • 3 giełda kryptowalut cex.io logo

      CEX.IO

  • Partners

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  • Meet the broker

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  • Forex – TOP 5

    • 1 td365 broker

      TD365.com

    • 2 ic marekts logo

      IC Markets

    • 3 logo xtb

      XTB

    • 4 purple trading logo

      Purple Trading

    • 5 tickmill broker

      Tickmill

  • Cryptocurrency exchanges – TOP 5

    • 1 binance

      Binance

    • 2 kucoin crypto logo

      KuCoin

    • 3 giełda kryptowalut cex.io logo

      CEX.IO

    • 4 okx logo

      OKX

    • 5 giełda kryptowalut zonda - dawny bitbay - logo platformy

      Zonda

  • Latest reviews

    • 9.5 ic marekts logo

      IC Markets

      Od wielu lat z nimi, trochę pomieszały te zmiany jurysdykc...

    • 9.5 td365 broker

      TD365.com

      Spready cosmos (tzn. niskie), niby broker trochę egzotyczny...

    • 9.0 tms brokers oanda

      TMS Brokers

      Pod FX bardzo przyjemny, polski support, polska firma, to g�...

    • 1.0 instaforex broker logo

      InstaForex

      Opinia negatywna, chociaż prze ponad rok było ok, wpłaty ...

    • 8.5 logo xtb

      XTB

      Z XTB już dobrych 5 lat, pomimo różnych wzlotów i upadk�...

Risk Warning: CFDs, cryptocurrencies, and leveraged products are highly risky financial instruments that can result in rapid capital loss. Between 74% and 89% of investors lose their money when trading CFDs. You must consider whether you can afford to lose your invested capital.

The materials published on this website are for informational purposes only and should not be considered investment advice (recommendations) within the meaning of the Act of 29 July 2005 on Trading in Financial Instruments. They also do not constitute legal, tax, or financial advice. The studies published on ForexRev.pl solely reflect the views of the editorial staff and users of the website and should not be interpreted otherwise.

Some articles contain links to other websites. This serves to supplement the information presented. Some links are affiliate links: they lead to the official websites of manufacturers and service providers where you can use the services or purchase the product. If a user completes a transaction/registration after clicking the link, our website collects a commission. This does not affect the final price of the product or the commissions paid to brokers, and in some cases, it reduces them. ForexRev.pl portal is not responsible for the content found on linked websites.

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