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.

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


79% of retail CFD accounts lose money

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.

  • Regulations: FxPro UK Limited authorised & regulated by the FCA (509956); FxPro Global Markets MENA Limited authorised & regulated by the DFSA (F003333); FxPro Financial Services Ltd authorised & regulated by CySEC (078/07) and the FSCA (45052); FxPro Global Markets Ltd authorised & regulated by the SCB (SIA-F184). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Agency
  • Leverage: 1:500
  • Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
  • Platforms: MT4, MT5, cTrader, FxPro Edge (web platform)
  • Headquarters: FxPro Group Limited is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on futures, indices, shares, metals, energies; spread betting
Try FXPRO with a demo account

79% of retail CFD accounts lose money

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


71% of retail CFD accounts lose money

2. ActiveTrades

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

  • Regulations: ActivTrades PLC is authorised & regulated by the FCA (434413) and the DSFA (2309); ActivTrades Corp is authorised & regulated by The Securities Commission of the Bahamas (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP, Market Maker, DMA
  • Leverage: Clients registered under ESMA regulation can access 1:30 leverage, while other retail traders can leverage up to 1:400
  • Minimum Deposit: No minimum deposit required
  • Platforms: ActivTrader, MT4, MT5
  • Headquarters: ActivTrades PLC is headquartered in London, UK
  • US Customers: No
  • Other instruments: Options; ETFs; CFDs on indices, international shares, commodities, bonds; spread betting (for UK-based clients) on forex, commodities, stocks, shares
Try ACTIV TRADES with a demo account

71% of retail CFD accounts lose money

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


84% of retail CFD accounts 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.

  • Regulations: Admiral Markets UK Ltd authorised & regulated by the FCA (595450); Admiral Markets AS authorised & regulated by the EFSA (4.1-1/46); Admiral Markets Cyprus Ltd authorised & regulated by CySEC (201/13); Admiral Markets Pty Ltd holds Australian Financial Services Licence (410681). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: Clients registered with a standard retail account can access 1:30 leverage, clients registered with a professional account can access 1:500 leverage
  • Minimum Deposit: $ 200 or similar size in other currencies
  • Platforms: MetaTrader WebTrader, MT4, MT5, MetaTrader Supreme Edition
  • Headquarters: Admiral Markets UK Ltd. is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on commodities, indices, shares, bonds, cryptocurrency, ETFs
Try ADMIRAL MARKET with a demo account

84% of retail CFD accounts lose money

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


74-89% of retail CFD accounts lose money

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.

  • Regulations: ADS Securities London Limited authorised & regulated by the FCA (577453); ADS Securities L.L.C. registered with the Department of Economic Development of Abu Dhabi (1190047); ADS Securities Hong Kong Limited registered with the SFC (CE# AXC847). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN
  • Leverage: 1:500
  • Minimum Deposit: £ 200
  • Platforms: Orex (desktop and mobile application), ADSS MT4
  • Headquarters: ADS Securities L.L.C. is headquartered in Abu Dhabi, UAE
  • US Customers: No
  • Other instruments: CFDs on commodities, indices, stocks, cryptocurrency; spread betting
Try ADS SECURITIES with a demo account

74-89% of retail CFD accounts lose money

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


55% of retail CFD accounts lose money

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: PhillipCapital UK Limited authorised & regulated by the FCA (169760); PhillipCapital Ltd. regulated by ASIC; Phillip Capital Inc. member of the NFA; PhillipCapital (India) Pvt. Ltd. registered with SEBI (INZ000169632); King & Shaxson Limited authorised and regulated by the FCA (1792130). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker, ECN, STP
  • Leverage: 1:400
  • Minimum Deposit: $ 200
  • Platforms: MT4
  • Headquarters: PhillipCapital Group is headquartered in Singapore
  • US Customers: Yes
  • Other instruments: CFDs on indices, stocks, shares, commodities, metals, energies, cryptocurrency
Try PHILLIPCAPITAL with a demo account

55% of retail CFD accounts lose money

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


79% of retail CFD accounts lose money

6. LCG – London Capital Group

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

  • Regulations: London Capital Group Limited authorised & regulated by the FCA (182110); London Capital Group (CYPRUS) Limited authorised & regulated by CySEC (341/17). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, STP
  • Leverage: 1:500
  • Minimum Deposit: No minimum deposit required
  • Platforms: MT4 (desktop, tablet, mobile), LCG TRADER (desktop, tablet, mobile)
  • Headquarters: LCG Group is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on spot metals, indices, shares, bonds, commodities, EFTs; vanilla options
Try LCG with a demo account

79% of retail CFD accounts lose money