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ECN CFD Brokers 2026, Raw Spread Accounts

ECN (Electronic Communications Network) brokers route your orders directly to liquidity providers instead of acting as your counterparty. The result is tighter spreads, often 0.0 pips on EUR/USD, with a transparent commission charged per lot rather than a hidden markup in the spread. This model suits scalpers, algorithmic traders, and anyone who trades frequently enough that tight execution matters. Of 104 brokers reviewed, 48 qualify as ECN or raw-spread brokers. The table shows the real 1-lot total cost (spread + commission) so you can compare accurately. For casual traders holding positions overnight, also check swap rates with our free broker check tool. Read our ECN vs market maker guide to decide which model fits your trading style.
48
ECN / raw spread brokers
0.0 pips
Lowest EUR/USD spread available

48 ECN Brokers, Total Cost Per Lot Compared

BrokerEUR/USD SpreadCommission/lotTotal 1-lot costMin DepositTop Regulator
Pepperstone 0 pips ~$7.00/lot $7.00 $0 FCA Break it down →   Visit →
IC Markets 0 pips ~$7.00/lot $7.00 $200 ASIC Break it down →   Visit →
FP Markets 0 pips ~$7.00/lot $7.00 $100 ASIC Break it down →   Visit →
Exness 0 pips ~$7.00/lot $7.00 $3 CySEC Break it down →   Visit →
Tickmill 0 pips ~$7.00/lot $7.00 $100 FCA Break it down →   Visit →
Eightcap 0 pips ~$7.00/lot $7.00 $100 ASIC Break it down →   Visit →
RoboForex 0 pips ~$7.00/lot $7.00 $10 FSC Break it down →   Visit →
LiteFinance 0 pips ~$7.00/lot $7.00 $10 CySEC Break it down →   Visit →
Vantage Markets 0 pips ~$7.00/lot $7.00 $50 ASIC Break it down →   Visit →
Axi 0 pips ~$7.00/lot $7.00 $0 ASIC Break it down →   Visit →
BlackBull Markets 0 pips ~$7.00/lot $7.00 $0 FMA Break it down →   Visit →
GO Markets 0 pips ~$7.00/lot $7.00 $200 ASIC Break it down →   Visit →
TMGM 0 pips ~$7.00/lot $7.00 $100 ASIC Break it down →   Visit →
FXOpen 0 pips ~$7.00/lot $7.00 $1 FCA Break it down →   Visit →
MultiBank Group 0 pips ~$7.00/lot $7.00 $50 ASIC Break it down →   Visit →
FxChoice 0 pips ~$7.00/lot $7.00 $100 IFSC Break it down →   Visit →
Tradeview Forex 0 pips ~$7.00/lot $7.00 $100 CIMA Break it down →   Visit →
SuperForex 0 pips ~$7.00/lot $7.00 $1 IFSC Break it down →   Visit →
PaxForex 0 pips ~$7.00/lot $7.00 $10 FSA Break it down →   Visit →
ForexChief 0 pips ~$7.00/lot $7.00 $10 FSA Break it down →   Visit →
ProfiForex 0 pips ~$7.00/lot $7.00 $0 IFSC Break it down →   Visit →
FreshForex 0 pips ~$7.00/lot $7.00 $1 IFSC Break it down →   Visit →
Libertex 0 pips ~$7.00/lot $7.00 $10 CySEC Break it down →   Visit →
Velocity Trade 0 pips ~$7.00/lot $7.00 $0 FCA Break it down →   Visit →
Axiory 0 pips ~$7.00/lot $7.00 $10 IFSC Break it down →   Visit →
Alpari 0 pips ~$7.00/lot $7.00 $5 FSA Break it down →   Visit →
Global Prime 0 pips ~$7.00/lot $7.00 $0 ASIC Break it down →   Visit →
EuroTrader 0 pips ~$7.00/lot $7.00 $100 CySEC Break it down →   Visit →
Moneta Markets 0 pips ~$7.00/lot $7.00 $50 ASIC Break it down →   Visit →
JustMarkets 0 pips ~$7.00/lot $7.00 $1 CySEC Break it down →   Visit →
FP Growth 0 pips ~$7.00/lot $7.00 $10 FSA Break it down →   Visit →
TradersWay 0 pips ~$7.00/lot $7.00 $10 FSA Break it down →   Visit →
Infinox 0 pips ~$7.00/lot $7.00 $0 FCA Break it down →   Visit →
FXTM 0.1 pips ~$7.00/lot $8.00 $10 CySEC Break it down →   Visit →
Admiral Markets 0.1 pips ~$7.00/lot $8.00 $100 FCA Break it down →   Visit →
XTB 0.1 pips ~$7.00/lot $8.00 $0 FCA Break it down →   Visit →
ThinkMarkets 0.1 pips ~$7.00/lot $8.00 $0 FCA Break it down →   Visit →
Hantec Markets 0.1 pips ~$7.00/lot $8.00 $1000 FCA Break it down →   Visit →
Windsor Brokers 0.1 pips ~$7.00/lot $8.00 $100 CySEC Break it down →   Visit →
Fidelis Capital Markets 0.1 pips ~$7.00/lot $8.00 $100 FSA Break it down →   Visit →
EBC Financial Group 0.1 pips ~$7.00/lot $8.00 $50 FCA Break it down →   Visit →
HYCM 0.2 pips ~$7.00/lot $9.00 $100 FCA Break it down →   Visit →
Interactive Brokers 0.2 pips ~$7.00/lot $9.00 $0 FCA Break it down →   Visit →
Dukascopy 0.2 pips ~$7.00/lot $9.00 $100 FINMA Break it down →   Visit →
FXFlat 0.2 pips ~$7.00/lot $9.00 $500 BaFin Break it down →   Visit →
Darwinex 0.2 pips ~$7.00/lot $9.00 $500 FCA Break it down →   Visit →
HFM 0.3 pips ~$7.00/lot $10.00 $5 FCA Break it down →   Visit →
Equiti 0.3 pips ~$7.00/lot $10.00 $100 FCA Break it down →   Visit →

Total 1-lot cost = spread cost ($10 per pip per lot) + commission. Excludes overnight swap. Learn more about ECN vs market maker brokers →

Frequently Asked Questions

What is an ECN CFD broker?

An ECN (Electronic Communications Network) broker passes your orders directly to the interbank market or a pool of liquidity providers without a dealing desk. This results in very tight raw spreads, often 0.0 pips on EUR/USD, but a separate commission per lot. The total cost is usually lower than market maker spreads for active traders.

Is ECN better than market maker?

For active traders and scalpers, ECN is usually cheaper because the raw spread is lower. For casual traders who hold positions for days, a market maker with a moderate spread and zero commission can be equally competitive. See our full comparison guide.

Which ECN broker has the lowest spread?

Pepperstone, IC Markets, FP Markets all offer 0.0 pip EUR/USD spreads on their raw ECN accounts. The difference is in commission: verify the exact rate with our free broker check tool before opening an account.

Data sourced from official regulator registers and broker websites, verified 2026-09-19. This page does not constitute financial advice.