Low cost (Commission/spread), high leverage (1:400+), ECN? | Forex Factory

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Low cost (Commission/spread), high leverage (1:400+), ECN?

  • #1
  • First Post: May 5, 2014 11:50am May 5, 2014 11:50am
I need to test out a new strategy, the requirements of this strategy are:

1- Low cost (Commission +/ spread)
2- High leverage: 1:400+, it will be fine till 300. Any lower would not work.
3- Safety of funds
4- Prefer ECN/STP.


Can someone recommend a good one?

My current brokers are providing low leverage 1:50 and 1:100. Which I prefer for deployed strategies.
  • #2
  • May 7, 2014 11:42am May 7, 2014 11:42am
Check out Excel Markets I'm on their Demo and their spreads are thin (on Demo) and leverage of 1:500
Do a Google search.
Let it turn and find your entry.
  • #3
  • May 8, 2014 6:21am May 8, 2014 6:21am
IC Markets
apply via IB

with that you will have 0.11 pips spread ( avrg ) + 0.55 com.
total : 0.66 pips

Australian company & regulated
My Best Trade is Next Trade!
  • #4
  • May 22, 2022 6:05pm May 22, 2022 6:05pm
Quoting Intrepidpips
Check out Excel Markets .
Their website says they don't accept US clients.
  • #5
  • Oct 7, 2022 6:52am Oct 7, 2022 6:52am
I suggest using Skilling or FP Markets since they are some of the lowest commission cost brokers I have come across with max leverage of 500:1 and the spreads average around 0.1-0.3 pips.

The commission cost per round in Skilling is $7, whereas in FP Markets the commission cost per round lot is $6, which is lower than most ECN brokers out there.
  • #6
  • Oct 10, 2022 3:49pm Oct 10, 2022 3:49pm
Quoting FlavioEstev
I suggest using Skilling or FP Markets since they are some of the lowest commission cost brokers I have come across with max leverage of 500:1 and the spreads average around 0.1-0.3 pips. The commission cost per round in Skilling is $7, whereas in FP Markets the commission cost per round lot is $6, which is lower than most ECN brokers out there.
You can even find brokers with 4$ round turn commission however I will not reveal its name, do your own research.
  • #7
  • Oct 12, 2022 1:53pm Oct 12, 2022 1:53pm
Quoting neo1599
Low cost (Commission +/ spread)
From this thread:
Quoting kennyhubbard
You can google for a site called forexbenchmark. They have have a history of spreads at various brokers and you can compare.
  • #9
  • May 17, 2023 2:23am May 17, 2023 2:23am
Try Tickmill! Or another option is Prime Codex. They offer ECN and STP accounts with up to 1:500 leverage. There’s a $0 commission option too. So far, I have traded with Prime Codex and have no problem depositing or withdrawing my money.
  • #10
  • May 30, 2023 4:54am May 30, 2023 4:54am
Quoting mike1994
Try Tickmill! Or another option is Prime Codex. They offer ECN and STP accounts with up to 1:500 leverage. There’s a $0 commission option too. So far, I have traded with Prime Codex and have no problem depositing or withdrawing my money.
Yeah good suggestions both are quite reliable. I would also add HFM to this list. Compare execution for 40-50 trades and see which one performs better.
  • #11
  • Last Post: Jul 11, 2023 2:48am Jul 11, 2023 2:48am
For lower commissions, I suggest trading with ICM or FP Markets; their commission cost per round is $8 in ICM and $6 in FP Markets, with both providing a maximum leverage of 500:1 using their offshore licence.
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