# Is FXPro the Best ECN Broker?

- URL: https://brokerate.io/is-fxpro-the-best-ecn-broker
- Published: 2026-04-02
- Updated: 2026-04-20
- Reading time: 4
- Language: en
- Topics: FXPro

Introduction In the world of Forex trading, being labeled a "Best ECN Broker" carries a prestigious weight. For traders, particularly beginners or those transitioning to more advanced strategies, understanding the nature of ECN (Electronic Communication Network) brokers is essential. FXPro is widely regarded as a top-tier broker in the industry, but does it truly deserve the title of the best ECN broker? Let’s break down the technical reality versus the marketing hype and explore whether FXPro is the best ECN broker for you.1. Is FXPro a "True ECN"?The short answer is: FXPro is not a "True ECN" in the strictest sense. Here’s why:FXPro’s Model: NDD (No Dealing Desk)While FXPro doesn't provide a True ECN (where traders and banks trade directly against each other), it uses an NDD (No Dealing Desk) model that aggregates prices from multiple liquidity providers and passes the best available prices to traders. This ECN-style execution method is extremely efficient, offering transparent pricing and fast execution.Why is this "Best" for Traders?FXPro’s NDD model means there’s no conflict of interest. Unlike market makers, FXPro doesn't bet against you. Instead, they make money from commissions and spreads, meaning they are incentivized to give you the best prices possible, ensuring a transparent, conflict-free trading experience.2. The "ECN" Experience: cTrader vs. MT4To get the full ECN experience at FXPro, you need to select the right account type.cTrader Account (The True ECN Choice)cTrader is the closest to a true ECN experience at FXPro. It offers Depth of Market (DoM), giving you visibility into the order book, showing where large institutions (like banks) are placing their trades.Spreads on cTrader can start from 0.0 pips on major pairs like EUR/USD, which is ideal for scalpers and active traders who need tight spreads.Raw+ Account (ECN-Style on MetaTrader)Raw+ accounts are available on both MT4 and MT5 and offer raw spreads with a fixed commission per trade. While this feels like an ECN account, it’s not true ECN execution because it runs on the MetaTrader engine. However, it is still close enough for many traders looking for a low-cost ECN-style environment.Standard Account (Not ECN)Standard accounts are not ECN. These accounts use a markup system, which means there is no commission, but the spreads are generally higher. This account type is not suitable for scalpers or traders looking for ECN execution.3. FXPro vs. Other Top ECN Brokers (2026 Comparison)Let’s compare FXPro to some other popular ECN brokers:BrokerIs it a True ECN?Avg. EUR/USD SpreadBest FeatureFXProNDD (ECN-Style)0.1 - 0.3 pipsExecution Speed (<14ms)IC MarketsRaw Pricing (ECN)0.0 - 0.1 pipsHigh LiquidityPepperstoneECN/STP0.0 - 0.2 pipsCustomer SupportTickmillECN/STP0.1 - 0.3 pipsVery Low CommissionsKey takeaway: While IC Markets may offer the lowest spreads, FXPro shines for its speed (under 14ms execution), regulation, and reliable service.4. Pros and Cons of FXPro as an ECN ProviderThe Pros:Regulation: Unlike many offshore ECN brokers, FXPro is regulated by top-tier authorities, including the FCA (UK) and CySEC (Cyprus), offering high safety and transparency.Positive Slippage: FXPro’s NDD execution often results in positive slippage (getting a better price than expected) if the market moves in your favor, thanks to its deep liquidity.No Requotes: With ECN-style execution, FXPro ensures that your orders are either filled or rejected. There are no requotes, which means no delays or uncertainty about whether your trade will be executed at your requested price.The Cons:Commissions: While spreads on Raw+ accounts are very low, traders are charged a commission of around $3.50 per side ($7 per lot). Some competitors, like Tickmill or IC Markets, can offer slightly cheaper commission rates (around $6 per lot).Wider Spreads in Fast Markets: During volatile market conditions, the spread may widen, which is typical in ECN trading environments. Beginners might get caught off guard by this.ConclusionFXPro is undoubtedly one of the best ECN brokers available for those looking for transparent pricing and fast execution. While not a "True ECN" (in the strictest sense), its NDD execution model is ECN-style and offers many of the same advantages: lower spreads, no conflict of interest, and deep liquidity.If you are looking for:Reliable, regulated serviceFast execution with low latencyTight spreads starting from 0.1 pipsThen FXPro is an excellent choice, especially for traders who don’t require raw ECN pricing but still want an ECN-like experience. However, if your primary goal is to scalp or you need the lowest commissions, you might want to consider other brokers like IC Markets or Pepperstone for their true ECN pricing.