ECN, or Electronic Communication Network, can be described as a bridge linking smaller market participants to tier-1 liquidity providers through a Forex ECN broker. MT4 ECN is a technology which allows the user to access Forex markets through the MetaTrader 4 (MT4) electronic trading platform. MT4 ECN brokers use this system to facilitate trading between a broker and its clients by allowing the MT4 server to pass orders placed by clients directly to an ECN and automatically feed trade confirmations back.
Forex brokers also offer regular non-ECN accounts so traders should pay attention when choosing the right MT4 ECN account. To assist Forex traders in choosing the top MTA ECN broker, we have reviewed a host of MT4 ECN brokers and have selected them according to their most important features. We have listed them below for your convenience.
Great ECN execution on MT4 platform
Min. Deposit
$200
Bonus
None
Trading Platform
MetaTrader 4, MetaTrader 5, cTrader
Max. Leverage
1:200
Regulation
ASIC
Tight spreads with scalping available
$100
100% Double Up Bonus
MetaTrader 4, Other
1:150
CySEC, MiFID, FCA, ICF
Choice of great platforms + top-tier technology
$500
MetaTrader 4, MetaTrader 5, cTrader, Web-based
1:500
CySEC, MiFID, FCA