Forex Brokers with Market Execution
Compare Forex and CFD brokers that provide market execution, with no re-quotes, in Indonesia.
This blog is reader-supported. Please open a trading account through our links to tip us. Affiliate commissions keep our reviews impartial and ad-free.
Best brokers
- FP Markets Best FX Broker Australia 2021 - FxScouts
- FXCC Best Forex Trading Account 2017 - UK FOREX Awards
- FxPro Best MetaTrader Broker 2020
- LiteFinance Best ECN Broker Africa 2020
- HF Markets Best CFD Trading Conditions, 2021
Broker reviews
FP Markets is a true ECN broker with razor-thin spreads and deep liquidity. Trade CFDs on over 1,000 stocks, indices, commodities and currency pairs through MetaTrader 4 or 5. FP Markets supports all trading styles and EAs.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, Cyprus (EU), Saint Vincent and the Grenadines, South Africa
$100 | 1:500 | Market |
$100 | 1:500 | Market |
Trade CFDs across Forex, crypto, oil and indices with leverage up to 1:500. FXCC accepts all trading styles and Expert Advisors on MT4. There are no conflicts of interest, as FXCC.com doesn't trade against you.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Cyprus (EU), Nevis
$0 | 1:500 | Market |
FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best MetaTrader Broker" in 2020. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.
- Risk warning: 84.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: Bahamas, Cyprus (EU), South Africa, UK
$500 | 1:200 | Market |
$500 | 1:200 | Market |
$500 | 1:200 | Market |
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Saint Vincent and the Grenadines
$50 | 1:1000 | Market |
$50 | 1:500 | Market |
HFM (HFM.com), formerly known as Hot Forex, is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa, UAE
$5 | 1:1000 | Market |
$100 | 1:500 | Market |
$100 | 1:500 | Market |
Trade CFDs on Forex, shares and precious metals on competitive spreads through ForexMart, an international ECN broker. ForexMart supports all trading styles, including scalping, through MetaTrader 4.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Copy trading
- Regulators: Saint Vincent and the Grenadines
$15 | 1:500 | Market |
$200 | 1:500 | Market |
$500 | 1:200 | Market |
JustMarkets (formerly JustForex) is an offshore broker that allows you to trade over 170 instruments on low spreads, and high leverage up to 3,000 times your initial deposits. It accepts all trading styles on MetaTrader 4 and 5.
- Risk warning: Margin trading in the financial markets is speculative and implies a high level of risk, including full loss of deposit.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Cyprus (EU), Seychelles
$1 | 1:3000 | Market |
$100 | 1:3000 | Market |
$100 | 1:3000 | Market |
$1 | 1:3000 | Market |
4xc.com is an offshore broker founded by Forex industry veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4 and 5.
- Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of your deposits. You should carefully consider your financial situation and experience level before trading.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5
- Regulators: Cook Islands
$10 (MT4), $ 100 (MT5) | 1:500 | Market |
Pepperstone (Pepperstone.com) is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles, with no restrictions, and rewards large traders with volume-based discounts.
- Risk warning: Between 74% and 89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader
- Regulators: Australia, Bahamas, Cyprus (EU), Germany, Kenya, UAE, UK
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
Trade without restrictions with OctaFX (OctaFX.com), an international broker headquartered in St. Vincent & The Grenadines. Access CFDs on currency pairs, indices, precious metals and commodities on MetaTrader 4, MetaTrader 5 or cTrader.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Cyprus (EU), Saint Vincent and the Grenadines
$100 | 1:500 | Market |
What is Market Execution?
With market execution, your orders are executed at the then prevailing market price, without re-quotes. This provides certainty of execution, albeit with some uncertainty surrounding the ultimate execution price.
This can give rise to slippage if the market has moved against you by the time your order is executed. In other words, you may end up paying more than you expected.
However, it can also give rise to price improvements, if the market price has moved in your favour. Some brokers will keep price improvements to themselves, rather than pass them on. Make sure to ask your future broker what his policy is.
Advantages of Market Execution
Experienced traders tend to prefer market execution for the following reasons:
- Market driven prices: market execution is usually the preserve of STP brokers (Straight Through Processing) or ECN brokers (Electronic Communications Network). Because STP and ECN brokers aggregate market prices from multiple liquidity providers who compete for your orders, they typically provide lower and more competitive spreads than traditional brokers.
- Fewer restrictions: STP and ECN brokers also tend to place fewer restrictions on trading styles than traditional brokers. This will work in your favour if you have an interest in automated trading (through Expert Advisors for example), scalping or news trading.
Disadvantages of Market Execution
There are no noteable disadvantages to market execution, beyond slippage. Slippage occurs when an order is filled at a price that differs from the requested price. Slippage is never pleasant, but is a fact of life when you trade Forex.
Featured Brokers
Best Execution
Standard ECN Account [MT5]
Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 ... More
Best Conditions
MT5 Floating - Market Execution
Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. ... More
Best Platform
AvaTrade Account [BVI]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage
- 0.9 pips EUR/USD
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE