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Award category

ECN / Raw Spread

Low-spread brokers offering raw ECN-style pricing and transparent commissions.

Recognized brokers
36
Average rating
4.2/5
Verified reviews
5
Regulated
28

Ranked shortlist

Award-winning brokers

Compare the qualities that earned each broker a place, then open the full review for our detailed assessment.

Showing 1–12 of 36

  • #1 Top pick ECN / Raw Spread
    DB Investing Editorially reviewed
    5.0 /5

    Ultra-Fast Execution with Deep Liquidity and High Leverage up to 1:2000

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Yes
    Read full review Visit broker

    Your capital is at risk.

  • #2 Award winner ECN / Raw Spread
    IC Markets Editorially reviewed
    5.0 /5

    Offers ultra-low spreads from 0.0 pips with fast execution speeds.

    Fee level
    Medium
    Client reviews
    1
    Mobile access
    Available via Meta...
    Read full review Visit broker

    Your capital is at risk.

  • #3 Award winner ECN / Raw Spread
    BlackBull Regulated
    4.8 /5

    Lightning-fast execution (

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Yes (via MT4/MT5/c...

    Regulated by FSA (Seychelles)

    Read full review Visit broker

    Your capital is at risk.

  • #4 Award winner ECN / Raw Spread
    Tickmill Regulated
    4.6 /5

    Ultra-Low ECN Spreads from 0.0 Pips with Fast Execution and FCA Regulation

    Fee level
    Medium
    Client reviews
    1
    Mobile access
    Yes (MetaTrader 4...

    Regulated by FCA (UK), CySEC (Cyprus), FSA (Seychelles)

    Read full review Visit broker

    Your capital is at risk.

  • #5 Award winner ECN / Raw Spread
    PU Prime Editorially reviewed
    4.6 /5

    High leverage up to 1:1000 combined with competitive spreads and copy trading

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Availability: Yes...
    Read full review Visit broker

    Your capital is at risk.

  • #6 Award winner ECN / Raw Spread
    Moneta Markets Regulated
    4.5 /5

    Low Spreads, High Leverage up to 1:1000, 1000+ Instruments, ECN/STP Execution, Multiple Platforms (MT4/MT5/Pro Trader), Fast Execution, Swap-Free Option Available

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Yes (MT4 & MT5 Mob...

    Regulated by FCA (UK), FSCA (South Africa), FSC (Mauritius) +1

    Read full review Visit broker

    Your capital is at risk.

  • #7 Award winner ECN / Raw Spread
    MultiBank Group Regulated
    4.5 /5

    Established in 2005, MultiBank Group offers multiple trading account options, MT4 and MT5 access, and a broad selection of forex and CFD markets. Its Standard, Pro, and ECN account options cater to different trading preferences, from commission-free spread-based pricing to raw spreads with a separate commission. Account requirements and protections vary by jurisdiction, so traders should confirm the terms that apply to their registered entity.

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    MultiBank Group pr...
    Fees & costs 3.5/5
    Platform quality 4.5/5

    Regulated by ASIC, CySEC, BaFin +2

    Read full review Visit broker

    Your capital is at risk.

  • #8 Award winner ECN / Raw Spread
    switchmarkets Regulated
    4.5 /5

    ree VPS Hosting with Ultra-Low Latency for Seamless Algo Trading

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    ✓ (MT4 mobile app...

    Regulated by ASIC (Australia)

    Read full review Visit broker

    Your capital is at risk.

  • #9 Award winner ECN / Raw Spread
    ThinkMarkets Regulated
    4.5 /5

    Award-Winning ThinkTrader Platform with TradingView Integration

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Yes

    Regulated by CySEC (Cyprus), FCA (UK), ASIC (Australia) +2

    Read full review Visit broker

    Your capital is at risk.

  • #10 Award winner ECN / Raw Spread
    TopFX Regulated
    4.5 /5

    Ultra-Fast Execution (

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    ✓ Yes (MT4 & cTrad...

    Regulated by CySEC (Cyprus), FSA (Seychelles)

    Read full review Visit broker

    Your capital is at risk.

  • #11 Award winner ECN / Raw Spread
    Vantage Regulated
    4.5 /5

    Ultra-low spreads from 0.0 pips with ECN execution and social/copy trading integration

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    Yes

    Regulated by FCA (UK), FSCA (South Africa), FSA (Seychelles) +1

    Read full review Visit broker

    Your capital is at risk.

  • #12 Award winner ECN / Raw Spread
    Decode FX Regulated
    4.4 /5

    Institutional liquidity with execution speeds under 50ms for scalping and high-frequency trading

    Fee level
    Medium
    Client reviews
    0
    Mobile access
    ✓ (MT4/MT5 apps fo...

    Regulated by ASIC (Australia), VFSC (Vanuatu)

    Read full review Visit broker

    Your capital is at risk.

What we look for

Why these brokers stand out

Recognition is based on current broker data, not paid placement. We balance safety with the practical experience traders receive.

01

Regulatory standing

Licensing, investor protection, fund segregation, and the quality of regulatory oversight.

02

Transparent value

Published fees, spreads, withdrawals, and trading conditions that are easy to understand.

03

Trader experience

Platform quality, mobile access, execution, support, and verified client feedback.

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