Our Top Picks

The best fast-execution Forex brokers, according to our research, are:

  1. Pepperstone
  2. FP Markets
  3. Forex.com
  4. IC Markets
  5. OctaFX
  6. Roboforex
  7. Vantage
  8. Admirals
  9. AvaTrade
  10. HFM

To compile this ranking, we considered the following factors:

  • The average execution speed of orders
  • The commissions charged by the broker
  • The number of tradable forex pairs
Table of Content

Round-up

Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Broker Avg execution time
Pepperstone 30 ms
FP Markets 30 ms
Forex.com 40 ms
IC Markets 66 ms
OctaFX 100 ms
Roboforex 100 ms
Vantage 100 ms
Admirals 150 ms
AvaTrade 300 ms
HF Markets 600 ms

Best forex brokers with execution speed in comparison

What are the best fast-execution forex brokers?

Below is our curated list and review of the best fast-execution forex brokers, with details of speed of execution, features and characteristics.

  • Pepperstone has an average execution speed of 30 milliseconds.
  • The platforms supported by Pepperstone are MT4, MT5 and cTrader.
  • Spreads start from 0 pips on forex with 7$ round turn commission on the Razor Account.
  • A demo account with a 30 days limit (MT4 and MT5) and 21 days limit (cTrader) is offered.
  • Pepperstone is considered by many the forex broker with the fastest execution speed.

74-89% of retail investor accounts lose money when trading CFDs
  • FP Markets has an average execution speed of 30 milliseconds.
  • The platforms offered by FP Markets are MT4 and MT5.
  • Spreads start from 0 pips on forex with $3 round turn commission on the Raw Spread Account.
  • An unlimited demo account can be tested for all account types and both MT4 and MT5 platforms.
  • FP Markets always compete with Pepperstone for the best fast execution forex broker title

74-89% of retail CFD accounts lose money
  • Forex.com provides an average execution speed of 40 ms.
  • Both MT5 and a proprietary trading platform are provided.
  • Forex spreads on this broker start at 0 pip with a fairly low per-lot commission of $4.
  • A 30 days-limit demo can be tested by Forex.com clients.
81% of retail investor accounts lose money
  • IC Markets’s average execution speed is 66 milliseconds.
  • The platforms you can find at IC Markets are MT4, MT5 and cTrader.
  • Spreads start from 0 pips on forex with 3.50$ per lot on the Raw Spread Account.
  • IC Markets gives access to unlimited demo accounts.
74-89% of retail CFD accounts lose money
  • OctaFX has an average execution speed of 100 ms.
  • MT4 and MT5 platforms are available for OctaFX clients.
  • Forex spreads start at 0.2 pips, with a fee of $10 per lot traded.
  • OctaFX offers an unlimited demo account.
74-89% of retail CFD accounts lose money
  • The average execution speed of Roboforex is 100 ms.
  • MT4, MT5 and cTrader are all provided by the broker.
  • Spreads start from 0 pips and a $20 commission per million traded on forex with the ECN account.
  • Demo accounts are made available by Roboforex with a limit of 90 days.
61.41% of retail CFD accounts lose money
  • Vantage has an average execution speed of 100 milliseconds.
  • The platforms made available are MT4 and MT5.
  • Spreads start from 0 pips on forex with $3 commission per lot traded on the Raw ECN Account.
  • An unlimited demo account is available for both MT4 and MT5 platforms.
74-89% of retail CFD accounts lose money
  • The average execution speed at Admirals is 150 ms.
  • Admirals offers MT4 and MT5 platforms.
  • Spread starts from 0 pips with a $1.80 per lot traded commission on forex with the Zero account.
  • Demo accounts can be used first and they have a 30-days limit.
76% of retail investor accounts lose money
  • Avatrade’s execution speed has an average of 300 ms.
  • MT4 is one of the platforms provided by Avatrade.
  • Fixed spreads from 0.8 pips are charged on forex.
  • A demo account with a 21 days-limit is offered.
76% of retail investor accounts lose money
  • HFM’s average execution speed is 600 ms.
  • Both MT4 and MT5 platforms can be tested by HFM clients.
  • On forex you will find spreads from 0 pips and a commission of $3 per lot on the ZERO account.
  • HFM provides an unlimited demo account for both MT4 and MT5.
70.51% of retail investor accounts lose money

What is order execution speed in forex trading?

Order execution speed in forex trading refers to the time it takes for a trade to be completed after a trader has issued a trading order.

It measures the duration from the moment you click “buy” or “sell” until the moment your order is filled by your broker. This process involves several stages, such as order routing, order matching, and trade confirmation.

Why is it important to have a fast order execution?

Fast order execution is essential in forex trading as it increases the likelihood of your order being filled at your desired price.

The forex market is highly volatile, with prices changing within fractions of a second. Therefore, if your broker’s execution speed is slow, you might get a worse price than you expected, negatively impacting your potential profits.

By choosing the best forex brokers you can ensure a higher order execution.

Why is fast order execution important in scalping forex?

Since scalping is all about opening and closing orders within small periods of time, precision is everything: small price variations can change the result significantly; orders must be executed instantly.

The profit margins on each trade are typically very small in scalping. Therefore the liquidity of the market is crucial. The more liquid a market is, the more precisely orders get executed by scalping brokers, and the higher the potential profit.

What is the fastest forex execution method?

The fastest forex execution method is the one executed by market makers, followed by ECN brokers, and then by STP brokers.

In the case of market makers, the order is essentially instant because the broker acts as a direct counterpart of the client’s trade

ECN brokers and STP brokers have access to liquidity via tier-1 liquidity providers, linking top banks and financial institutions. Execution speed can be influenced by the quantity and quality of liquidity providers, hence slippage and requote could happen.

STP brokers have a connection with tier-2 liquidity providers (Prime of prime brokers or liquidity aggregators) which pass over the orders to the tier-1, making it slightly slower than ECN.

What can influence order execution speed?

Several factors can influence order execution speed, including the broker’s technology, server location, internet speed, and market volatility. To ensure faster execution speeds, consider these factors:

Position volume: If there is low liquidity and the order volume is high, you may struggle to find a counterparty.

Volatility: During high market volatility, the broker may struggle to match orders, causing delays.

Lack of infrastructure: If the broker has few liquidity providers and little internal liquidity to act as a market maker, it may have trouble executing orders promptly.

Type of execution: Some types of orders are executed faster than others. For instance, market orders are typically faster than limit orders.

Latency: The time it takes for an order to reach the broker’s server starting from the trader’s server also impacts execution speed.

What are the differences between market orders and limit orders?

Market orders and limit orders differ in terms of their execution speed and price certainty.

  • Market orders are typically executed faster than limit orders. With a market order, you’re telling the broker to execute the order at the price closest to the current market price.
  • With a limit order, you’re asking the broker to open a position at a specific price or better. However, limit orders are not guaranteed to execute. Therefore, brokers aim to comply with limit orders as much as possible, which can sometimes lead to slight delays relative to market orders.

What is latency?

In online trading, latency refers to the delay in time it takes for an order to travel from the trader to the broker’s server for execution. High latency can cause slippage (when the executed price is different from the expected price) due to market volatility.

Does a VPS benefit your forex execution?

Using a Virtual Private Server (VPS) can help mitigate some of the problems that cause latency and lead to slower order execution. A VPS is a dedicated server that you can use to run your trading platform. Having the VPS near a major financial center is beneficial as it reduces the travel time for your orders, thereby improving execution speed. Many forex brokers can provide you with a VPS for free by fulfilling certain trading conditions.

What is the forex trading execution in demo accounts?

Demo accounts simulate real trading environments but use virtual money. The order execution in a demo account can sometimes be faster and less prone to slippage because the trades are not being sent to the real market. Therefore, the trading conditions in a demo account may not perfectly reflect those in a live trading environment. It’s essential to understand this difference when using a demo account to practice or test trading strategies.


filippo ucchino

About The Author

Filippo Ucchino
Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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