Forex Brokers with Market Execution
Compare Forex and CFD brokers that provide market execution, with no re-quotes, Jordan.
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Best brokers
- FXCC Best Forex Trading Account 2017 - UK FOREX Awards
- FxPro Best MetaTrader Broker 2020
- LiteFinance Best ECN Broker Africa 2020
- 4XC Best Customer Service 2022
- RoboForex Best Mobile Trading App 2022, Global Forex Awards - B2B
Broker reviews
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 | |
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 | |
RoboForex is an international broker headquartered and regulated in Belize. Access over 12,000 instruments, including real stocks and CFDs on Forex, crypto-currencies and oil, from a single platform.
- Risk warning: 58.42% 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, Copy trading
- Regulators: Belize
$10 | 1:2000 | Market | |
$10 | 1:500 | Market | |
$100 | 1:300 | Market | |
Start trading in minutes, without ID verification, from a low $250 deposit with leverage up to 1:1000. PrimeXBT.com was voted "Best Platform for Trading with Leverage" in 2020 and "Best Crypto and Forex Broker" in 2019.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: Copy trading, Mirror trading
- Regulators: Saint Vincent and the Grenadines
$250 | 1:1000 | Market | |
Trade Forex as well as CFDs on cryptocurrencies, stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors the MetaTrader 4 platform.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Dominica
$10 | 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
MT5 Floating - Market Execution
Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. ... More
Best Conditions
Standard Account
Trade CFDs on thousands of markets across Forex, crypto-currencies, stocks, indices and commodities... More
- $20 deposit
- 1:100 leverage
- pips EUR/USD
- Regulators: Australia, Belarus, Cyprus (EU), Saint Vincent and the Grenadines, Seychelles, UK
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