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Smallest possible ECN account

Squall

Member
Due to the small size of my trading accounts (hundreds of euros only) I am limited to using STP broker ("market makers" as they are unlovingly names).

I will construct a table of minimum deposits for ECN accounts here. If you can contribute please do. I will update this first post with your contributions.

FinFX ECN account:
US$ 2500 / EUR 2000 / CHF 2500


Alpari "Pro" account (I think this is ECN)
$20,000


Pepperstone Razor account
$200


EDIT: Found this list which I will now investigate:
 
E

EmpireGlobalfx

Due to the small size of my trading accounts (hundreds of euros only) I am limited to using STP broker ("market makers" as they are unlovingly names).

I will construct a table of minimum deposits for ECN accounts here. If you can contribute please do. I will update this first post with your contributions.

FinFX ECN account:
US$ 2500 / EUR 2000 / CHF 2500


Alpari "Pro" account (I think this is ECN)
$20,000



Pepperstone Razor account
$200


EDIT: Found this list which I will now investigate:

Hi colleague, we accept deposits of as little as 500 USD and we are pure ecn. We also have accounts management service but starting at 10.000 USD.

Cheers!
 

radicaltour

Moderator
VIP Member
Squall,
i just opened an account with HotForex to test them out.
For a deposit of $500 you can get Currenex (ecn) liquidity!
So far i have the say the trade execution lags 1-2 seconds. But if you're not scalping for 5-10 pips then it's okay.
The spreads are great but they charge $10 per 1 full lot. However, if you sign up with forextradingchoice.com then I think you get back $4 per 1 full lot!
That's pretty good to me.
 
E

EmpireGlobalfx

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Scalping and hedging welcome! Get a free pre-paid card with your real account! :)
 
Squall,
i just opened an account with HotForex to test them out.
For a deposit of $500 you can get Currenex (ecn) liquidity!
So far i have the say the trade execution lags 1-2 seconds. But if you're not scalping for 5-10 pips then it's okay.
The spreads are great but they charge $10 per 1 full lot. However, if you sign up with forextradingchoice.com then I think you get back $4 per 1 full lot!
That's pretty good to me.

Hi Radicaltour, its almost a year since you opened a True ECN/STP a/c with Hotforex, hows ur experience with them regarding re-quotes, spreads, execution of trades and most imp. the withdrawl of money.

Are they good 4 scalping 10 pips in EUR/USD. ( This 10 pip may take 5 min to more than an hour to complete the trade)

I am only interested in True ECN/STP a/c with them if i find them ok. Thanks
 

ejazahmed

New member
Hi Radicaltour, its almost a year since you opened a True ECN/STP a/c with Hotforex, hows ur experience with them regarding re-quotes, spreads, execution of trades and most imp. the withdrawl of money.

Are they good 4 scalping 10 pips in EUR/USD. ( This 10 pip may take 5 min to more than an hour to complete the trade)

I am only interested in True ECN/STP a/c with them if i find them ok. Thanks

I have read on a forex trading forum that some broker is offering ECN account for as little as 10 USD. Frankly I have not read the detail and I am still unaware wheher its a true ECN account or otherwise.
 

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