The best fast-execution Forex brokers, according to our research, are:
- Pepperstone
- FP Markets
- Forex.com
- IC Markets
- OctaFX
- Roboforex
- Vantage
- Admirals
- AvaTrade
- 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
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 |
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
30 ms
Pepperstone executes trades in 30 milliseconds. It supports platforms like MT4, MT5, and cTrader. Spreads start from 0 pips, ensuring rapid and cost-effective trading.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
Pepperstone Features
The features of Pepperstone are listed below.
- 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.
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Pepperstone is considered by many the forex broker with the fastest execution speed.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,09 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
FP Markets
30 ms
FP Markets offers a 30-millisecond execution speed. It provides MT4 and MT5 platforms with competitive spreads from 0 pips, enhancing trade efficiency.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About FP Markets
FP Markets is an Australian-based global forex and CFD broker founded in 2005. FP Markets offers trading on over 10,000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is regulated by multiple authorities including ASIC, CySEC, and FSA. FP Markets is known for tight spreads, fast execution, and extensive educational resources. The FP Markets CEO is Craig Allison.
FP Markets Features
The features of FP Markets are listed below.
- 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.
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FP Markets always compete with Pepperstone for the best fast execution forex broker title
FP Markets Pros and Cons
Advantages of FP Markets
The advantages of FP Markets are listed below.
- Broad Instrument Offering
- Competitive Spreads
- Multiple Trading Platforms
Disadvantages of FP Markets
The disadvantages of FP Markets are listed below.
- High Fees for International Withdrawals
- Outdated Platform Design
Forex.com
40 ms
Forex.com has a 40-millisecond execution speed. It offers MT4 and a proprietary platform, beginning spreads at 0 pips, favoring prompt trade execution.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Forex.com
FOREX.com is a global forex and CFD broker founded in 2001, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. FOREX.com provides proprietary platforms alongside MetaTrader 4 and 5. FOREX.com is regulated by multiple top-tier authorities including FCA, ASIC, and CFTC. FOREX.com is known for competitive spreads, fast execution, and extensive educational resources. FOREX.com serves over 450,000 clients worldwide. The FOREX.com’s parent company “StoneX Group Inc.” CEO is Sean O’Connor.
Forex.com Features
The features of Forex.com are listed below.
- 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 $4.
- A 30 days-limit demo can be tested by Forex.com clients.
Forex.com Pros and Cons
Advantages of Forex.com
The advantages of Forex.com are listed below.
- Regulatory Assurance
- Low Forex Fees
- Comprehensive Educational Resources
Disadvantages of Forex.com
The disadvantages of Forex.com are listed below.
- Limited Product Portfolio
- Higher Spreads on Standard Accounts
- No Guaranteed Stop-Loss Orders for U.S. Clients
IC Markets
66 ms
IC Markets executes trades in 66 milliseconds. It utilizes MT4, MT5, and cTrader platforms, starting spreads from 0 pips for quick trading actions.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About IC Markets
IC Markets is a global forex and CFD broker founded in 2007 and based in Sydney, Australia. IC Markets offers trading on over 2,250 instruments including currencies, commodities, indices, stocks, and cryptocurrencies. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader platforms. IC Markets is regulated by multiple authorities including ASIC and CySEC. IC Markets is known for its ECN execution model and low spreads. The IC Markets CEO is Andrew Budzinski.
IC Markets Features
The features of IC Markets are listed below.
- IC Markets’s average execution speed is 66 milliseconds.
- The platforms you can find at IC Markets are MT4, MT5 and cTrader.
- Spreads start from 0 pips on forex with 3.50$ per lot on the Raw Spread Account.
- IC Markets gives access to unlimited demo accounts.
IC Markets Pros and Cons
Advantages of IC Markets
The advantages of IC Markets are listed below.
- Low-latency trading environment
- Institutional level liquidity
- MT4, MT5, cTrader platforms are all available
Disadvantages of IC Markets
The disadvantages of IC Markets are listed below.
- Small amount of educational tools for new traders
- Small range of tradable assets compared to other CFD/Forex brokers
OctaFX
100 ms
OctaFX displays a 100-millisecond execution speed. It supports MT4 and MT5 platforms, with forex spreads starting at 0.2 pips, optimizing fast trade execution.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About OctaFX
Octa, formerly known as OctaFX, is a global forex and CFD broker founded in 2011. Octa offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and proprietary platforms. Octa is regulated by multiple authorities including CySEC. Octa is known for competitive spreads, extensive educational resources, and copy trading services. Octa serves clients in over 100 countries worldwide.
OctaFX Features
The features of OctaFX are listed below.
- 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.
OctaFX Pros and Cons
Advantages of OctaFX
The advantages of OctaFX are listed below.
- Low Trading Costs
- Robust Educational Resources
- Multiple Trading Platforms
Disadvantages of OctaFX
The disadvantages of OctaFX are listed below.
- Limited Asset Range
- No VIP Discounts
- Restrictions on High-Frequency Trading
Roboforex
100 ms
Roboforex provides a 100-millisecond execution speed. It supports MT4 and MT5 platforms, with zero pip spreads and an ECN option for swift trading.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Roboforex
RoboForex is a global forex and CFD broker founded in 2009, offering trading on currencies, stocks, indices, commodities, and cryptocurrencies. RoboForex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. RoboForex is regulated by the Financial Services Commission (FSC) of Belize. RoboForex is known for competitive spreads, extensive educational resources, and multiple account types. RoboForex serves over 4.5 million clients worldwide. The RoboForex CEO is Andrei Dziarnovich.
Roboforex Features
The features of Roboforex are listed below.
- 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.
Roboforex Pros and Cons
Advantages of Roboforex
The advantages of Roboforex are listed below.
- Diverse Trading Platforms
- Wide Range of Instruments
- Low Minimum Deposit
Disadvantages of Roboforex
The disadvantages of Roboforex are listed below.
- Limited Educational Resources
- Higher Spreads on Some Accounts
- Regulatory Concerns
Vantage
100 ms
Vantage exhibits a 100-millisecond execution speed. It offers MT4 and MT5 platforms with initial spreads at 0 pips, fostering rapid trade processing.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Vantage
Vantage is a global multi-asset broker founded in 2009, offering trading on forex, CFDs, commodities, indices, shares, and cryptocurrencies. Vantage provides MetaTrader 4, MetaTrader 5, and proprietary platforms. Vantage is regulated by multiple authorities including ASIC, FCA, and CIMA. Vantage is known for fast execution, competitive spreads, and extensive educational resources. Vantage serves over 3 million registered users worldwide. The Vantage CEO is David Shayer.
Vantage Features
The features of Vantage are listed below.
- 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.
Vantage Pros and Cons
Advantages of Vantage
The advantages of Vantage are listed below.
- Competitive spreads and low commissions
- Strong range of asset classes
Disadvantages of Vantage
The disadvantages of Vantage are listed below.
- Not available to US traders
- Customer service could be improved
Admirals
150 ms
Admirals achieves a 150-millisecond execution speed. It provides MT4 and MT5 platforms with initial spreads from 0 pips for quick trade execution.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Admirals
Admirals, formerly Admiral Markets, is a global forex and CFD broker founded in 2001. Admirals offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader platforms. Admirals is regulated by multiple authorities including CySEC and FCA. Admirals is known for competitive spreads and extensive educational resources. Admirals recently halted onboarding of new EU clients to comply with regulatory standards. The co-founder of Admirals and CEO of Admirals Group is Alexander Tsikhilov.
Admirals Features
The features of Admirals are listed below.
- 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.
Admirals Pros and Cons
Advantages of Admirals
The advantages of Admirals are listed below.
- Extensive Forex Options
- Strong Regulatory Framework
- Advanced Educational Resources
Disadvantages of Admirals
The disadvantages of Admirals are listed below.
- Charges Inactivity Fee
- Mobile App Limitations
- Higher Average Spreads for Some Assets
AvaTrade
300 ms
AvaTrade delivers a 300-millisecond execution speed. It supports MT4 and ZuluTrade platforms, offering fixed spreads from 0.8 pips for consistent performance.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About AvaTrade
AvaTrade is a global forex and CFD broker founded in 2006 and headquartered in Dublin, Ireland. AvaTrade offers trading on currencies, commodities, indices, stocks, bonds, ETFs, and cryptocurrencies. AvaTrade provides proprietary platforms alongside MetaTrader 4 and 5. AvaTrade is regulated by multiple authorities including CySEC, ASIC, and FSA. AvaTrade serves over 300,000 clients worldwide. AvaTrade is known for competitive spreads and extensive educational resources. The AvaTrade CEO is David Dryzin since 2016.
AvaTrade Features
The features of AvaTrade are listed below.
- 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.
AvaTrade Pros and Cons
Advantages of AvaTrade
The advantages of AvaTrade are listed below.
- Tight fixed spreads from 0.6 pips (0.9 pips for retail traders)
- The mobile apps are well designed
- Can be connected to ZuluTrade and Duplitrade
Disadvantages of AvaTrade
The disadvantages of AvaTrade are listed below.
- High inactivity fees
- The demo account is limited to 30 days
HFM
600 ms
HFM enables execution in 600 milliseconds. It offers MT4 and MT5 platforms with initial spreads from 0 pips, supporting fast and effective trading.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About HFM
HFM, formerly known as HotForex, is a global multi-asset broker founded in 2010. HFM offers trading on forex, stocks, commodities, indices, and cryptocurrencies through MetaTrader and proprietary platforms. HFM is regulated by multiple authorities including FCA, CySEC, and FSCA. HFM is known for competitive spreads, fast execution, and extensive educational resources. HFM serves over 3.5 million clients worldwide. The HF Markets Group CEO is George Koumantaris.
HFM Features
The features of HFM are listed below.
- 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.
HFM Pros and Cons
Advantages of HFM
The advantages of HFM are listed below.
- High Leverage Options
- Low Minimum Deposit
- Wide Range of Trading Instruments
Disadvantages of HFM
The disadvantages of HFM are listed below.
- Higher Trading Costs
- Limited Educational Resources
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.