Loading...
  • slidebg1

    Trade with
    BEST ECN Brokers


    Choose your Broker from Our
    Trusted brokers list

  • slidebg2

    Start professional trading with
    best ECN brokers


    Trade like a pro

  • slidebg3

    Lets start trading with
    Best Forex broker


    get the best trading environment choose your broker from our list

What is Forex | foreign exchange?

Forex is defined as foreign exchange, currency trading

which is not control by anyone its totally depend on the exchange rate in daily basis. Forex trading is a global market where all of the world's currencies are traded. Its known as largest and most liquid market in the world. Overall in the world daily trading volume overstep $5 trillion in forex market. All the world's connected stock markets don't even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some incentive trading opportunities. These great opportunities you cannot find with other investments.

Forex Trading | How dose forex work?

We already explained what is Forex. Let’s explain how it is work or forex strategies.

If you have ever travel to a foreign country you may have need to exchange your money if so, you have already participated in forex trading. Forex is a bit a more than that. When big companies buy goods from other countries in order to buy them, they need to obtain the local currency first. Just like us when going on holiday. The different is they will exchange huge amounts. When these companies exchange these huge amounts, they will actually move the price. Because of demand for the currency that they need increases. When the demand increases the price increases. With all this exchanging going on around the world the exchange rates constantly move. This is how it works. When currencies are exchanged, they have a certain price as in any market.
The price of a currency is determined by the law of supply and demand. If there are many people or companies that want to change Euros into dollars the price of the Dollar will rise against the Euro. So, the exchange rate will change.


  • Forex trading is: at a time buying of one currency and selling of another currency
  • These two currencies are known as "currency pairs" currency pair is known as the quotation of two different currencies. For example, EUR/USD
  • Currencies are always traded in pairs - each currency is represented by three letters such as EUR, USD, GBP, CHF, AUD, JPY etc.
  • The first two letters represent the country and the third letter identifies the currency such as USD – United State Dollar.
  • Forex pairs are read in the opposite direction of mathematical ratios.
    For example: EUR/USD = 1.23700
  • The currency indicates by left slash ("/") is called the base currency (for example, the Euro) and the currency on the right is called the quote currency (for example, the U.S Dollar)
  • This notation means that 1 unit of the base currency (that is, 1 Euro) is equal to 1.23700 U.S Dollars. That means you have to pay 1.23700 U.S Dollars to buy 1 Euro
  • If selling, the foreign currency exchange rate specifies how much units of the quote currency you get for selling one unit of the base currency
  • In the above example, you will receive 1.23700 U.S Dollars when you sell 1 Euro


The Benefits of Forex Trading:

Forex stands for currency trading. It's a global market, unbelievably liquid, with a huge daily trading volume. As is the case with many investments, Forex trading is not for the unskilled trader. That said, five things give trading the Forex market some unique advantages after you've learned the ropes.

The Forex market is worldwide so trading is uninterrupted as long as there's a market open somewhere in the world. Trading starts from different time zone such as New York opening time (01:00 pm – 10:00 pm GMT) and weekly ends after markets close in New York on Friday.

Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. So, we can convert into cash large amounts of money even if there is no movement or small movement through the Forex Market.

The cost of a transaction is fixed by Forex market. The difference between the buying and selling price is called the spread. Typically, the spread is very low in this market even lower offered by Best ECN Brokers.

Brokers provide leverage that allows traders to trade the market, which is the ability to trade more money on the market than what is actually in trades account. If any trader were to trade at 500:1 leverage, they could trade $500 on the market for every $1 that was in their account. This means they could control a trade of $50, 000 using only $100 of capital.

The Forex market has no such a condition for directional trading. This means that if you think a currency pair is going to up, you can buy it or go long. Similarly, if you think it could go down, you can sell it or go short.

US Broker

Best ECN Brokers for US traders


True ECN broker, offering our clients some of the most competitive spreads in the market for trading Forex and CFDs. With around a decade of experience as both trader and broker, we have developed at breakneck speed into a company that processes a trade somewhere in the world every four seconds, executing a total of 15 000 digital transactions a day. We understand that Forex traders today have a broad range of brokers to choose from. To stay ahead of the pack, we are dedicated to our ethical business commitment and affording our clients with award-winning, friendly and multi-lingual customer service. In 2016 alone we were awarded the Exceptional Customer Service accolade by LiveHelpNow on 5 occasions. We want our clients to feel as if they can come to us with any trading related problem, no matter how small it may seem to them.

FOREX.com is a global leader in forex and CFD trading for individuals worldwide. We first introduced our retail traders to the global currency markets in 2001 and a decade later we’re still an industry leader. We’re committed to delivering ultra-competitive pricing, reliable trade execution and innovative trading tools to help our clients succeed in trading the world’s most important markets. Competitive transparent pricing Our pricing is ultra-competitive, reliable and fully transparent. We’ve spent over a decade investing in technology and building a deep liquidity network of bank trading partners, so that we can consistently quote tight spreads, in all kinds of market conditions. Trusted market leader At FOREX.com you’re trading with a strong, reputable partner. Our parent company, GAIN Capital Holdings, Inc.(NYSE: GCAP) is listed on The New York Stock Exchange.

Oanda

OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data. It has access to one of the world's largest historical, high frequency, filtered currency databases.

FXCM

FXCM Inc. (NYSE: FXCM) is a leading online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts..

Non US Broker

Best ECN brokers for non US traders


Established in 2016, Circle Markets provides foreign exchange traders with a high quality trading environment. With Circle Markets you can trade in any one of 144 different currency pairs, in 7 different commodity markets, in one of 10 leading world stock market indices and cryptocurrencies. We provide user friendly account management tools that make it easy for you as a professional trader, account manager or investor to manage your accounts..

IC Markets is best known for having some of the tightest spreads in the world. In fact, our EURUSD spread has been the lowest in the world for almost two years, averaging 0.1 pips 24/5. IC Markets is able to offer market leading pricing and trading conditions through its platforms by providing clients with True ECN connectivity. True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues.

GO Markets is widely recognised as Australia's original MT4 Forex Broker and a leading provider of Forex and CFD trading services - offering Margin FX, Commodity, Energy, Index and Cryptocurrency trading to individuals and institutions globally. GO Markets holds an Australian Financial Services License (AFSL) issued by the Australian Securities and Investments Commission (ASIC). GO Markets offer spreads from 0.0 pips through the combination of aggregated Bank, Non-Bank, and ECN pricing on Margin FX (Forex) and Metals

We founded AxiTrader on a simple principle: Create a Forex broker that we’d love to trade with ourselves. As we’re traders too, we understand you want a great 24-hour service, tight spreads and fast execution with minimal slippage. So that’s what we deliver. Our trading solutions are sophisticated enough for experienced traders yet simple enough for those with less experience. Whatever your Forex experience, we’ve got a solution that suits your needs. We assist traders using Forex as an asset class to fulfill part of their trading portfolio. Our trading platform gives you access to the latest market data and we deliver exceptional client support.

Minimum deposit for US Broker

FX Choice

$100

Minimum deposit

  • Maximal leverage : 200
  • Minimum lot size : 0.01
  • Maximum lot size : 1000.0
  • Commission : 0.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

Forex.com

$250

Minimum deposit

  • Maximal leverage : 200
  • Minimum lot size : 1000.0
  • Maximum lot size : 1000.0
  • Commission : 0.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

Oanda

$1.0

Minimum deposit

  • Maximal leverage : 50
  • Minimum lot size : 1.0
  • Maximum lot size : 10000000
  • Commission : 0.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

FXCM

$2000.0

Minimum deposit

  • Maximal leverage : 50
  • Minimum lot size : 1000.0
  • Maximum lot size : 100000.0
  • Commission : 0.04
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

FX Choice

Forex.com

Oanda

FXCM

Minimum deposit for NON US Broker

Circle Markets

$100

Minimum deposit

  • Maximal leverage : 500
  • Minimum lot size : 0.01
  • Maximum lot size : 100.0
  • Commission : 0.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

IC Markets

$200

Minimum deposit

  • Maximal leverage : 500
  • Minimum lot size : 0.01
  • Maximum lot size : 1000.0
  • Commission : 7.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

GO Markets

$200

Minimum deposit

  • Maximal leverage : 300
  • Minimum lot size : 0.01
  • Maximum lot size : 100.0
  • Commission : 2.5
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

AxiTrader

$200

Minimum deposit

  • Maximal leverage : 400
  • Minimum lot size : 0.01
  • Maximum lot size : 100.0
  • Commission : 0.0
  • Spread : Variable
  • Decimals : 5 decimals
  • Scalping allowed : Yes
Open Live Account

Circle Markets

IC Markets

GO Markets

AxiTrader

Services we offer


Personal guideline

We offer a personal guideline for a new trader. If you are new in trading and don't know how to start our team will help you. You can speak our trade specialist and can ask any question you have in your mind. Our dedicated team always ready to answer your question and help you understand trading.

Assist to choose the broker

There are hundreds of forex brokers out there. It's hard to choose the right one. We have years of experience with all brokers. All we need your requirement what you want from broker and we will find the best one for you.

Account opening support

Our technical support team will help you to open an account. If you don't know what type of account will be good for trading. We will help you with that. Different types of brokers offer different types of account. Our dedicated team support you via Skype and even in TeamViewer if needed.

Trade Support

Different types of trading platform design with different types of option. We will help you to make your first trade.Our team will help you indicator, set stop loss and take profit, Expert adviser, VPS set up, copy trading, signal taking, PAMM account management, MAM account management and so on

24/7 SUPPORT

Forex market open for 24 hours a day and 5 days a week. Our team support is available for 24 hours a day and 7 days a week. We have numbers of an employee working with our team. We will make sure that you will get fast and instant support.

Live support

Our live support specialist will give you instruction about your action. They will help you walk through, live call support,chat support, TeamViewer support. Our support available in all language via live chat.

Risk management Support

In trading risk management is the most important part. In our experience, we see that too many traders blow their account just for risk management.Our trade specialist will help you to manage your risk. We will calculate your account size and give you proper instruction about your risk management and money management.

Strategy build up support

Its impossible to trade without a strategy. Our team will help you to build your own strategy. We will find out your bug and give you the proper strategy.However, there is no strategy that works forever. Our team will always assist you to make a proper strategy. Our dedicated team can test your strategy for long term period and short term period.

Application support

There are several types of trading platform to trade. Our technical support team will help you to install your trading application.Our team experienced in MT4, MT5, cTrader, NinjaTrader, FIX API, Web Trader, and other platforms

Contact Us


contact@bestecn.com

Richmond Virginia USA

+1 775 346 2323