#1

FxPro

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.5/5

#2

ACTIVE TRADES

  • Regulations: FCA
  • Minimum deposit: $100
  • Platforms: ActiveTrader, MT4, MT5/
  • InvestinGoal rank: 4/5

#3

Admiral Markets

  • Regulations: CySEC, ASIC, EFSA, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.2/5

#4

ADSS

  • Regulations: FCA, UAE, SFC
  • Minimum deposit: £200
  • Platforms: MT4, Orex Platform
  • InvestinGoal rank: 4.2/5

#5

PHILLIPCAPITAL

  • Regulations: FCA
  • Minimum deposit: $5.000
  • Platforms: Futures Trading Platforms
  • InvestinGoal rank: 4.0/5

Top 6 Best True Ecn/Stp UK Forex Brokers list of 2019

by | Jan 19, 2019

Are you looking for the best True Ecn/Stp UK Forex Brokers because you would like to trade with a real ECN/STP execution (NDD) through a reputable UK broker?

We can help you find one!

When we think of a trading broker, usually there are two cities that affect the collective imagination. New York and London.

But, if we talk about Forex market, then the ideal city is surely only one. London.

By digging further into the collective imagination, and considering the type of broker to use for forex trading, many traders specifically and exclusiverly choose only those brokers offering Ecn/Stp trading platforms. Even better if pure or true Ecn.

In this post we picked up the best UK ECN/STP brokers.

But first, let’s talk about the “true ECN” thing and what it means.

(This post is part of the best ECN broker and best forex broker UK series)

True ECN brokers UK

I can imagine that, if you are looking for a “true ECN broker“, your goal is to avoid at all costs a market maker broker.

The problem is that, at least in the UK, there are no pure Ecn brokers, but they are all at least ECN + STP.

If Ecn means Electronic Communication Network, STP means Straight Through Processing.

To oversimplify, a Broker with STP structure is a no-dealing desk broker that, when it receives an order from the customer, has two choices:

  1. turn the order to its liquidity providers;
  2. process it internally, ie becoming the counterparty.

Option two is pretty much equal to what a Market Maker does, but there is a substantial difference. In either case, ie whether the order is turned over to the liquidity providers or handled internally, the STP brokers (as the name implies) does everything automatically, with no intervention and no interference, as a market maker could do instead in some cases.

So, why an Ecn always have this combined structure with Stp?

The reason is simple.

In a pure Ecn your order can be executed if, and only if, within the Network there is a counterparty that can execute your order by taking a contrary position. However, if there is none (even if almost impossible), your order cannot be executed, or at least cannot be executed at the price you wanted, or the execution may not always be instantaneous.

But adding the STP modality, the broker can assure you to always execute your orders at your desired prices, with extreme speed, either because there is a direct counterpart in the Ecn, or because he automatically act as counterparty, without any intervention (STP).

Basically, everything is designed to give customers the best experience, ensuring they always have the option to open or close their trade very quickly.

uk ecn stp brokers list

List of UK ECN/STP Forex Brokers of 2019

Here is the list of the top 6 brokers headquartered in the UK.

Zulutrade
eToro
Naga Trader

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • IG rank: 4.5/5

1. FxPro

One of the best UK brokers since its foundation, FxPro offers a NDD account through the cTrader platform, with spreads from 0 pips and a comprehensive view of the market depth.

Try FXPRO with a demo account
(89% of traders lose money in CFD trading)

  • Regulations: FCA
  • Minimum deposit: $100
  • Platforms: ActiveTrader, MT4, MT5/li>
  • InvestinGoal rank: 4/5

2. ActiveTrades

ActiveTrades was founded in 2001 in Switzerland, but then moved in 2005 to London.

  • Regulations: CySEC, ASIC, EFSA, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.2/5


(CFD Service. 83% lose money)

3. Admiral Markets

Also Admiral Markets was born outside the UK, specifically in St. Petersburg in 2001, but then moved to London in 2013.

Try ADMIRAL MARKET with a demo account
(83% of traders lose money in CFD trading)

  • Regulations: FCA, UAE, SFC
  • Minimum deposit: £200
  • Platforms: MT4, Orex Platform
  • InvestinGoal rank: 4.2/5

4. ADS Securities by ADS Securities London

ADS Securities London is an independent broker based in London, and it’s part of the ADS Holding LLC of Abu Dhabi.

Try ADS SECURITIES with a demo account
(CFD Service. 74-89% lose money)

  • Regulations: FCA
  • Minimum deposit: $5.000
  • Platforms: Futures Trading Platforms
  • InvestinGoal rank: 4.0/5

5. PhillipCapital UK

PhillipCapital UK is part of the multinational Phillip Capital Group, with offices all around the world, and of course in London, with a company of its own.

  • Regulations: FCA in the United Kingdom
  • Minimum deposit: NO
  • Platforms: LCG Trader, MT4
  • InvestinGoal rank: 4.5/5

6. LCG – London Capital Group

LCG stands for London Capital Group, is another important UK broker with a great Ecn structure.

Try LCG with a demo account
(79% of traders lose money in CFD trading)