Best ECN Forex Brokers UK 2026

Best ECN Forex Brokers UK 2026

Top FCA-regulated ECN brokers with raw spreads, fast execution, and transparent pricing for UK traders.

James Anderson

Written by

James Anderson

Emily Watson

Fact Checked by

Emily Watson

Last reviewed:
By:James Anderson
Fact-checked by:Emily Watson

Top ECN Brokers for UK Traders in 2026

ECN (Electronic Communication Network) brokers provide direct market access with no dealing desk intervention. For UK traders seeking raw spreads from 0.0 pips, lightning-fast execution, and full transparency, these FCA-regulated ECN brokers represent the best options. We've prioritized brokers offering true ECN execution, competitive commission rates, and robust regulatory protection under the FCA.

What is an ECN broker and why should UK traders use one?

An ECN (Electronic Communication Network) broker connects traders directly to liquidity providers without a dealing desk. UK traders benefit from transparent pricing, raw spreads from 0.0 pips, faster execution, and no conflict of interest as the broker doesn't trade against you.

ECN Broker Key Features

Compare essential features of FCA-regulated ECN brokers for UK traders.

Broker
Exness$3.50/lot£0
Axi$3.50/lot£0
HFM$3.00/lot£0
FXTM$4.00/lot£100
ThinkMarkets$3.50/lot£0
RoboForex$4.00/lot£10
Pepperstone£2.25/lot£0
IC Markets$3.50/lot£200
FP Markets$3.00/lot£100
Tickmill$2.00/lot£100

Detailed Broker Analysis

Recommended
Ultra-fast ECN execution with instant withdrawals.
4.6/5App Score

Exness provides true ECN execution with spreads from 0.0 pips on their Raw Spread account. FCA-regulated with instant withdrawals and no inactivity fees, making them ideal for active UK scalpers and day traders seeking transparent pricing.

Forex spread classRaw (0.0 pips)
Minimum deposit£0
Inactivity fee£0
Currency pairs107
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee£0
Recommended
Award-winning ECN broker with ProTrader tools.
4.4/5App Score

Axi offers true ECN execution with their Pro account featuring raw spreads from 0.0 pips. FCA-regulated with advanced ProTrader tools, Autochartist integration, and VPS hosting for optimal execution.

Forex spread classRaw (0.0 pips)
Minimum deposit£0
Inactivity fee£10/mo
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill
Withdrawal fee£0
Recommended
Multi-regulated ECN broker with flexible accounts.
4.3/5App Score

HFM (formerly HotForex) offers ECN execution through their Zero Spread account with raw pricing. Multi-regulated including FCA, they provide excellent educational resources and copy trading options.

Forex spread classRaw (0.0 pips)
Minimum deposit£0
Inactivity fee£5/mo
Currency pairs53
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee£0
Recommended
Established ECN broker with strong education.
4.2/5App Score

FXTM provides ECN execution on their ECN and ECN Zero accounts with competitive spreads. FCA-regulated with excellent educational content, webinars, and market analysis for UK traders.

Forex spread classRaw (0.1 pips)
Minimum deposit£100
Inactivity fee£5/mo
Currency pairs62
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee£0
ThinkMarkets logo
ThinkMarkets
Read Review
Recommended
Premium ECN execution with ThinkTrader platform.
4.3/5App Score

ThinkMarkets offers ECN execution through their ThinkZero account with raw spreads. Their proprietary ThinkTrader platform provides advanced charting and trading tools for serious traders.

Forex spread classRaw (0.0 pips)
Minimum deposit£0
Inactivity fee£0
Currency pairs80
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill
Withdrawal fee£0
RoboForex logo
RoboForex
Read Review
Recommended
ECN Pro accounts with cTrader support.
4.1/5App Score

RoboForex provides true ECN execution on their ECN Pro account with cTrader platform support. Low minimum deposit and no inactivity fees make them accessible for new ECN traders.

Forex spread classRaw (0.0 pips)
Minimum deposit£10
Inactivity fee£0
Currency pairs36
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee£0
Pepperstone logo
Pepperstone
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Recommended
Industry-leading ECN execution and spreads.
4.6/5App Score

Pepperstone is renowned for exceptional ECN execution with their Razor account offering raw spreads from 0.0 pips. FCA-regulated with cTrader, MT4, MT5, and TradingView integration.

Forex spread classRaw (0.1 pips)
Minimum deposit£0
Inactivity fee£0
Currency pairs97
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller
Withdrawal fee£0
IC Markets logo
IC Markets
Read Review
Recommended
True ECN with ultra-low latency execution.
4.5/5App Score

IC Markets offers true ECN execution via their Raw Spread account with some of the lowest spreads in the industry. Popular among scalpers and algorithmic traders for exceptional execution speed.

Forex spread classRaw (0.0 pips)
Minimum deposit£200
Inactivity fee£0
Currency pairs64
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller
Withdrawal fee£0
FP Markets logo
FP Markets
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Recommended
ECN/DMA execution with deep liquidity.
4.4/5App Score

FP Markets provides ECN/DMA execution with access to deep liquidity pools. Their Raw account offers true institutional-grade pricing with cTrader and MT4/MT5 platform options.

Forex spread classRaw (0.0 pips)
Minimum deposit£100
Inactivity fee£0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee£0
Tickmill logo
Tickmill
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Recommended
Ultra-competitive ECN commissions.
4.4/5App Score

Tickmill offers some of the lowest ECN commissions in the industry at just $2 per lot round-turn. FCA-regulated with raw spreads and no restrictions on trading strategies.

Forex spread classRaw (0.0 pips)
Minimum deposit£100
Inactivity fee£0
Currency pairs62
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee£0

Frequently Asked Questions

An ECN (Electronic Communication Network) broker connects traders directly to liquidity providers without a dealing desk. UK traders benefit from transparent pricing, raw spreads from 0.0 pips, faster execution, and no conflict of interest as the broker doesn't trade against you.

Yes, all ECN brokers on our list are regulated by the FCA (Financial Conduct Authority) or equivalent tier-1 regulators. FCA regulation provides FSCS protection up to £85,000 and ensures strict compliance with client money rules.

ECN spreads are raw interbank spreads from 0.0 pips with a separate commission charged per trade. Standard accounts have wider spreads (1-2 pips) with no commission. For active traders, ECN accounts typically offer lower overall trading costs.

ECN accounts are best suited for intermediate to advanced traders who understand spread and commission structures. Beginners may prefer standard accounts with all-inclusive spreads until they're comfortable with calculating trading costs.

Under FCA regulations, retail traders can access up to 1:30 leverage on major forex pairs. Professional clients who meet eligibility criteria can access higher leverage up to 1:500 with some brokers.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026