Best Australian ECN Brokers

Our best ECN broker Australia list is the following:

Broker Our Rating Regulation Standard
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage Read Full Review
1.12 1.69 1.22 0.10 0.60 0.30 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
1.0 1.0 1.2 0.06 0.73 0.27 $3.50 143ms $250 (Raw)
$500 (Standard)
40+ 250+ 500:1 500:1 Visit Site
0.62 0.83 0.77 0.02 0.23 0.17 $3.50 134ms $0 61+ 18+ 30:1 500:1 Visit Site
1.1 1.3 1.3 0.10 0.20 0.20 $3.00 225ms $100 70+ 10+ 30:1 500:1 Visit Site
1.0 1.3 1 0.2 0.5 0.2 $3.50 144ms $0 49+ 14+ 30:1 500:1 Visit Site
1.2 1.3 1.3 0.44 0.85 0.42 $3.50 90ms $0 72+ 11+ 30:1 400:1 Visit Site
71 ASIC, FCA, BaFin
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
1.1 1.3 1.1 0.1 0.3 0.2 $3.50 161ms $0 46+ 21+ 30:1 500:1 Visit Site

What Are The Best Australian ECN Brokers?

ECN providers offer the fastest execution speeds and tightest spreads due to their access to top-tier liquidity pools. This list contains our picks for the best Australian ECN forex brokers, based on a number of trading factors. Each broker also has one identifying feature that gives it an edge.

1. Pepperstone Best Australian ECN Forex Broker


Forex Panel Score


Average Spread

EUR/USD = 0.1 GBP/USD = 0.4 AUD/USD = 0.2

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit


Why We Recommend Pepperstone

Pepperstone earns our vote as the best ECN broker as it has no dealing desk, ensuring low spreads and rapid order execution.

Our tests found the Razor account has an average spread of 0.1 pips on the EUR/USD pair, commissions of $3.50 pairs and a limit order execution speed of 77ms. Forex traders can trade using MT4, MT5, cTrader and TradingView and scalping is permitted. All factors that make Pepperstone a good option for low cost trading.

Pros & Cons

  • One of the fastest execution speed
  • Supports 4 major trading platforms
  • Supports 10 base currencies
  • 90-day limit on the demo account
  • Lacks an in-house trading platform

Broker Details

Pepperstone Was The Fastest Best Low Free Broker

When the team thought about what Australian ECN traders want, we put the highest weight on execution speed, spreads, and customer service. Pepperstone excelled in all these areas primarily on their MetaTrader 4 platform which we tested the broker with.

Five Reasons Why We Rated Pepperstone The Best

  • Fastest-tested execution speed
  • Advanced MetaTrader 4 setup
  • Melbourne-based customer service
  • Low trading spreads and commissions
  • Over +1200 trading products

Pepperstone has some of the lowest ECN spreads of any Australian broker as you can compare using our spread calculator.

Our Review Of PepperstoneVisit Pepperstone

How We Proved Pepperstone Has The Fastest Execution Speeds

Ross Collins, our CompareForexBrokers Chief Technology Researcher tested the execution speed of 20 forex brokers. When Ross ran MetaTrader 4 EAs over two 24-hour periods, he found that Pepperstone had the fastest Limit Order Execution Speed at just 77ms[1]Execution Speed Testing In 2024 By Ross Collins Using MT4 EAs. You can view the full execution speed test results page with the summary shown below.

Execution speeds matter as they avoid slippage. ECN traders make a large number of trades usually when there is high market volatility. If the broker is too slow the price quoted won’t be what the trader actually received. Slippage can be significant during periods such as interest rate announcements etc. which is why you really want a fast broker.

  • Tight standard account spreads
  • Multi-platform offering
  • Great for social trading
  • Limited trading in some markets
  • Only third-party platforms available
  • Web platform functionality lacking

Pepperstone Offers The Best Trading Platforms

While we tested Pepperstone on their MT4 trading platform, the broker offered the full software suite. This includes MT5, cTrader, and TradingView. Once more, these platforms have enhanced ECN features to improve charting, the use of Expert Advisors, and other algorithmic trading features.  For an even superior trading experience consider integrating with MT4 for no code automation or Myfxbook for social trading.

Pepperstone’s key trading platform is MT4. MT4 is one of our favourite platforms and Pepperstone allows you to seamlessly access your ECN Razor Account directly within MT4. The advantages of MT4 include:

YouTube video
  • Customisable charts
  • Indicators and EAs (Expert Advisors)
  • One-click trading
  • Multiple markets

As MT4 is one of the most popular forex platforms, we see Pepperstone as the best proponent of the platform.

pepperstone accounts and platforms australia
Pepperstone Account Opening Is Very Straight-Forward

When signing up with a broker, you want to be able to do this quickly and with minimum fuss. Justin Grossbard, Strategic Head Of Research at CompareForexBrokers, opened 20 accounts to see which brokers have the best account opening experience. Justin found it took less than 10 minutes to open an account and this was immediate. As part of the opening process, he did not need to provide a credit card or funding details, only an address, a salary number, and a photocopy of his passport.  An account manager gave Justin a phone call the very next day to check if he needed any assistance.

View Pepperstone ReviewVisit Pepperstone

Broker Screenshots

2. Eightcap Best ECN Platform Broker


Forex Panel Score


Average Spread

EUR/USD = 0.06 GBP/USD = 0.73 AUD/USD = 0.27

Trading Platforms

MT4, MT5, TradingView,

Minimum Deposit


Why We Recommend Eightcap

We were impressed with Eightcap’s ECN account, with their RAW spread account featuring low average spread of just 0.06 pips for the EUR/USD currency pair, which is 0.16 pips below the industry average.

We should also note the 95 cryptos Eigthcap offers which is bar far the largest of any broker we have reviewed. Other products to trade include Indices, shares and gold.

If using MT4, we liked that you can use, an advanced automation tool that allows you to automate your trading without the need to know how to code.

Pros & Cons

  • No deposit or withdrawal fees
  • Supports 95 cryptocurrencies
  • Low RAW spreads
  • $500 minimum deposit for standard account
  • No Islamic account
  • Very few educational resources
  • Doesn’t support PayPal

Broker Details

Eightcap Has MetaTrader 4, 5 and TradingView

Eightcap is our top broker for its diverse offering of powerful ECN platforms. This is due to Eightcap’s wide range of platforms as well as the tight ECN ‘like’ spreads you can obtain using them. We scored Eightcap’s platform offering a solid 75/100, with key strengths being their trading platforms and range of funding methods.

Major highlights of Eightcap include:

  • Low ECN spreads
  • Top MetaTrader broker
  • Diverse range of platforms
  • Top cryptocurrency range

We loved Eightcap’s Raw account spreads

Eightcap offers a Standard (commission-free) or RAW (commission-based trading) account. For the tightest spreads, the RAW account is the way to go, based on our analysis. You will pay commissions of AUD $7 per round turn with the RAW account but we found the standard account has marked-up spreads leading to overall higher fees.

eightcap trading accounts and products au

We compiled a list of average spreads from major brokers and Eightcap comes out on top for ECN spreads. As you can see, Eightcap has some of the tightest spreads across most of the major currency pairs. These spreads are compiled and updated on a monthly basis.

ECN Broker Spreads
0.06 0.23 0.20 0.42 0.27
0.10 0.20 0.30 0.30 0.20
0.10 0.40 0.60 0.40 0.20
0.30 0.50 0.60 0.50 0.50
0.30 0.30 N/A 0.50 0.40
0.44 0.20 0.83 0.40 0.42
0.17 0.24 N/A 0.54 0.30
0.20 0.30 0.70 0.50 0.40
n/a n/a 0.30 0.60 0.50

Avg. spreads are taken from each broker's website and updated monthly. Last update on 04/01/2024

Eightcap’s Diverse Range of ECN Platforms

Not only does Eightcap have tight spreads, the broker also has a diverse and powerful range of ECN trading platforms which are:

  • MT4
  • MT5
  • TradingView
  • CryptoCrusher
  • The Amazing Trader

MT4 and MT5 are two of the most popular forex and CFD trading platforms, while TradingView and are emerging as strong alternatives. TradingView also offers great charting features while specialises in algorithmic trading.

FX Blue Labs, CryptoCrusher, and The Amazing Trader are all specialist platforms. Of all these platforms, CryptoCrusher is the most unique platform to trade with and analyse Eightcap’s immense cryptocurrency range.

Broker Screenshots

3. IC Markets Best ECN Broker With Lowest RAW Spread

IC Markets

Forex Panel Score


Average Spread

EUR/USD = 0.02 GBP/USD = 0.23 AUD/USD = 0.17

Trading Platforms

MT4, MT5, cTrader

Minimum Deposit


Why We Recommend IC Markets

IC Markets found its way on our list because of its extremely low RAW spreads for ECN accounts. IC Markets claims their spreads average just 0.02 pips for EUR/USD and our tests done by Ross Collins confirmed IC Markets are the best broker for low spreads with the broker finishing in the top 2 or 20 brokers we tested.

IC Markets has trading with MetaTrader 4 & MetaTrader 5, and cTrader but we did notice their live chat was a bit slow.

Pros & Cons

  • Lowest RAW spreads
  • Supports 61+ forex trading pairs
  • Commission of just AU$3.50
  • Limited in-house research data
  • Below average execution speed
  • No mobile forex trading app

Broker Details

IC Markets Finished First In Our Spreads Testing

Based on our extensive analysis, we have rated IC Markets as our best low-spread ECN broker, with some of the tightest spreads in Australia. We scored IC Markets 85/100 for trading experience with a total score of 831/1000 overall.

As one of the best ECN brokers in Australia, IC Markets also provides traders with the following benefits:

  • Fast execution speeds
  • Superior trading platforms
  • Advanced trading tools
  • Unrivaled customer service

When it comes to ECN liquidity providers, IC Markets has the most comprehensive partner lists of all forex brokers. We see these partnerships as a shining reason for IC Markets’ low spreads on its RAW ECN account.

Our tests confirmed IC Markets has the tightest spreads

Based on his standard account spread testing findings, our Chief Technology Researcher, Ross Collins, found that IC Markets had the lowest forex market spreads compared to the average spreads published by each broker.

You can obtain spreads as low as zero with an average EUR/USD spread of 0.1 pips (AUD/USD at 0.3). Our review also concluded that IC Markets offers deep liquidity pools and fast execution speeds, suited for day traders.

By aggregating prices from up to 25 of IC Markets’ partner liquidity providers, the tightest spreads possible are always ensured.

Broker Average Spread Average Spread Cost (USD)
IC Markets 1.03 $9.63
CMC Markets 1.11 $10.10
Fusion Markets 1.19 $11.07
TMGM 1.21 $11.18
Admiral Markets 1.31 $11.96
FXCM 1.47 $13.49
Pepperstone 1.46 $13.52
FP Markets 1.47 $13.60
Go Markets 1.49 $13.87
EightCap 1.51 $13.97
OANDA 1.54 $14.23
Axi 1.71 $15.99
City Index 1.79 $16.52
Blackbull Markets 1.82 $16.95
FXPro 2.22 $20.83

Trader tip

If you’re looking to keep your spreads as close to zero as possible, then trade during periods of high liquidity such as during the London open.

Stable And Fast ECN Trading Servers

Thanks to a global network of strategically placed trading servers, all IC Markets clients benefit from stable, yet lightning-fast ECN trading conditions. Trading conditions go hand in hand with low spreads and we have highlighted why IC Markets can deliver both.

MT4 bridge – A next-generation price aggregator used to connect clients’ trading platforms with deep liquidity pools of partner liquidity providers.

Server locations – Located in the Equinix NY4 data centre in New York, the servers are located close to the MT4 bridge. This ensures latency is minimised, reducing slippage and ensuring accurate fills.

IC Markets’ RAW Spread Account is a Low-Spread ECN Account

Based on our analysis, IC Markets Raw Spread Account is its ECN account where you will obtain the lowest spreads.

Key features of the IC Markets Raw Spread Account include:

  • Low spreads from 0 pips in peak times
  • Ultra-fast order execution
  • Deep interbank liquidity from partners
  • MetaTrader 4 & 5 trading platforms

icmarkets trading accounts au

Broker Screenshots

4. FP Markets Best ECN Broker For Scalping

FP Markets

Forex Panel Score


Average Spread

EUR/USD = 0.1 GBP/USD = 0.2 AUD/USD = 0.1

Trading Platforms

MT4, MT5

Minimum Deposit


Why We Recommend FP Markets

Australian-based FP Markets is a true ECN broker, with no dealing desk (NDD) execution model that offers the best trading services for scalping. Zero spread testing done by Ross Collins found their EUR/USD is 0 pips 97.83% of the time outside the rollover period, making them a good choice for scalping.

To trade with FP Markets, you can choose between MT4 and MT5 trading platforms and of course use EAs for automation should you wish.

Pros & Cons

  • Low commission of $3.50
  • Good educational resources
  • MT4 and MT5 Trading platform
  • $100 minimum deposit
  • Slow limit order execution speed

Broker Details

FP Market’s MT4-MT5 Raw Account Spreads are Tight

Australia-based FP Markets is a true ECN broker, with no dealing desk (NDD) execution model that offers the best trading services for scalping. Upon further analysis, we found FP Markets’ best features to be:

  • Access to +10,000 CFDs
  • IRESS proprietary web-based platform
  • True Electronic Communication Network (ECN) technology
  • Full MetaTrader suite (MT4 + MT5)

FP Markets MT4 Traders Toolbox

FP Markets empowers the standard MT4 platform with a set of 12 unique trading tools. Along with the default MT4 indicators, FP Markets’ clients can access tick charts and a Mini Terminal that facilitates scalping. The Stealth Order features allow for automatic buying and selling of orders, which is crucial to a scalper.

Other advanced functionalities of the MT4 Trader Toolbox we liked include the ability to set up alerts. We also like the Sentiment Trader feature and the Trader Toolbox Connect tool for quality market research.

FP Markets ECN Account – Raw Account

FP Markets’ ECN account was specifically designed for active traders with high volume discounts, the RAW account provides scalpers with all the features that are conducive to profitable scalping.

Key features of the FP Markets RAW Account:

  • Interbank spreads starting from 0 pips
  • Forex quotes streamed from multiple tier-one LPs
  • Average EUR/USD spread of 0.0 pips 35.89% of the time
  • A low minimum deposit of AUD $100
  • Low commission of USD 3 per side for 100,000 units traded

fp markets account types au

Fast ECN Order Execution and Low Spreads

To give scalpers and day traders an all-around trading experience, FP Markets complements its trading tools with fast execution, no requotes, and low latency. Additionally, FP Markets’ spreads are consistently low. While not at the top of our list, FP Markets competes with big names like Pepperstone and IC Markets which have the lowest spreads in the FX industry.

When trading, the average EUR/USD spread is 0.1 pips and 0.2 pips for AUD/USD as published on the FP Markets website. Moreover, we discovered FP Markets can obtain spreads as low as 0 pips for each of the major currency pairs.

In addition, FP Markets’ servers are located inside the Equinix NY4 data server, which ensures fast execution, ultra-low latency, and minimal slippage from our trading experience.

5. GO Markets Top ECN Liquidity Providers

GO Markets

Forex Panel Score


Average Spread

EUR/USD = 0.2 GBP/USD = 0.5 AUD/USD = 0.2

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit


Why We Recommend GO Markets

With commissions $2.50 GO Markets has one of the lowest commissions in the industry. What caught our attention was its extensive support for training platforms which includes MT4, MT5, cTrader, TradingView, and GO Markets’ in-house Go Markets Web platform.

This platform support is also why GO Markets is the only broker that received a perfect 10/10 score in our testing.

Pros & Cons

  • Regulated by ASIC in Australia
  • Excellent trading platform support
  • Fairly responsive customer support
  • No support for PayPal payments
  • Customer support is unavailable on weekends
  • No Islamic account

Broker Details

Go Markets Go Plus+ Account Commission Costs are the Best in the Market

As Australia’s original MetaTrader forex broker, GO Markets has taken a leading role in helping clients upgrade to the MetaTrader 5 trading platform. MT5 is a powerful upgrade of the popular MT4, which is one of our favourite platforms. For platform experience, GO Markets scored a mighty 90/100. In addition, some of GO Markets’ best features include:

  • Go Markets MT5 platformLow spreads from 0.0 pips
  • Australian ASIC regulation
  • Fast trade executions
  • Segregated client funds in NAB and Commonwealth Bank
  • No deposit fees

GO Markets is a Specialist MetaTrader 5 (MT5) Broker

As a specialist MetaTrader 5 forex broker, GO Markets is trusted by both beginners and professional traders so caters to a wide range of trading styles.

Based on trading experience, the MT5 platform is a multi-functional, modern, and user-friendly trading platform with the following advantages:

  • Over 350 tradeable instruments across forex, indices, commodities, and crypto
  • Full EA (Expert Advisor) functionality
  • 6 order types supported
  • Up to 80+ technical analysis objects
  • Hedging allowed
  • Trading signals and copy trading tools
  • Algorithmic trading tools

GO Markets ECN Account is GO Plus+

As one of our best Australian ECN brokers, GO Markets has a specialist ECN account called GO Plus+.

Some of the key features of the GO Plus+ ECN Account are:

  • Raw spreads from 0.0 pips
  • Low commissions of $6.00 per round turn
  • An low minimum deposit of $500
  • Dedicated account manager

go markets account types and products au

You can view our analysis of raw spread forex brokers and see how the commission rates and spreads compare leading to our GO Markets recommendation.

6. Axi Good $0 Minimum Deposit ECN Broker


Forex Panel Score


Average Spread

EUR/USD = 0.44 GBP/USD = 0.85 AUD/USD = 0.42

Trading Platforms


Minimum Deposit


Why We Recommend Axi

Axi (formerly AxiTrader) calls itself a MetaTrader 4 specialist since they don’t offer any other trading platforms. While choice of platforms would be nice to have, we think its more important to have the right platform for your needs and MT4 is a good choice. MetaTrader 4 comes with Autochartist and Trading Central for technical analysis and 72 Forex pairs are available for trading.

The broker has no minimum deposit requirement to sign up and uses 20 liquidity providers to bring you low spreads which average 1.2 pips with their standard account for EUR/USD and 0.44 pips with their Pro Account.

Pros & Cons

  • Offers zero-interest Islamic account
  • Good limited order execution speed
  • Regulated by ASIC
  • Customer support is absent on weekends
  • Does not support PayPal payments
  • Doesn’t support MetaTrader 5

Broker Details

Axi Requires No Minimum Deposit When You Use Their Demo Account

Axi (formally AxiTrader) is part of our best Australian ECN broker big 3. If your most important aspect of a forex broker is having a low minimum deposit and the ability to trade micro-lots, then Axi is the best choice for you.

Axi’s best features are:

  • MetaTrader 4 specialist
  • No minimum deposit on ECN accounts
  • Over 72 forex currency pairs
  • Ideal automated trading conditions (EAs)

Known as a specialist MetaTrader broker because of its MT4 and MT5 trading platforms, Axi offers clients a free suite of add-ons for all traders with a live trading account – MT4 NexGen.

Many ECN Account Funding Methods

Being one of our top-rated Australian ECN brokers for its low minimum deposit, you can choose one of several ways to fund your Axi account:

Debit and credit cards (Visa, Mastercard, Maestro, JCB) – Instant, max 15 minutes.

NETELLER – Instant, max 15 minutes.

Skrill/Moneybookers – 3-5 business days.

Global Collect (only for Australian clients) – Same or the next day.

BPAY (only for Australian Clients) – 1-3 business days.

Bank Transfer – Same day for deposits coming from Australian bank accounts, next day for overseas accounts.

Broker to Broker Transfer – 3-5 business days.

Each funding type has its delays and charges, so we advise you to check with each provider before making a deposit or withdrawal from your Axi account.

We Love Axi’s NexGen Add-ons

As well as offering both MT4 and MT5 trading platforms, it’s Axi’s free NexGen suite of add-ons that sets it apart with our extensive research. Key features of NexGen that we love include:

  • Sentiment indicator
  • Correlation trader
  • Alarm manager
  • Economic calendar
  • New terminal window
  • Automated trade journal
  • Session map
  • Mini manager
  • Forex news

Axi’s ECN Account is the Pro Account

Axi’s ECN account is called the Pro Account, where you can obtain the lowest spreads.

Along with having no minimum deposit, we found the account had the following key features:

  • Raw spreads as low as zero
  • Low commissions, from $3.50 per side
  • No requotes and instant execution
  • Multiple funding methods (PayPal included)

axi trading accounts au

7. IG Trading Top Forex Broker With Largest Range Of Trading Products

IG Trading

Forex Panel Score


Average Spread

EUR/USD = 0.16 GBP/USD = 0.59 AUD/USD = 0.29

Trading Platforms

MT4, IG Trading Platform, L2 Dealer, ProRealTime

Minimum Deposit


Why We Recommend IG Trading

IG Trading is a market maker, not a ECN broker but they made this list as they have DMA or L2 trading which is similar to ECN. To qualify for the IG DMA account you will need to be a professional trader and use either the L2 trading platform or IG WebTrader.

DMA trading is only with Forex and shares and has an average spread of 0.16 pips for EUR/USD. Retail trader will need to use their CFD account which has average spreads of 1.13 pips EUR/USD.

Pros & Cons

  • Responsive 24/7 customer support
  • Large variety of trading options
  • Regulated by ASIC
  • Has a high commission of $6.00
  • Minimum deposit of $450 for RAW account
  • Doesn’t support cTrader or MetaTrader 5

Broker Details

IG Trading Offers DMA Trading with its L2 Dealer Platform

With over 239,000 retail clients worldwide and 47 years of experience in the FX space, IG Trading is the largest ECN broker in Australia. Currently, IG Trading is processing on average USD 6.8 billion of daily transactions and 7 million orders per month, with 93 different currency pairs.

Our team found the following top features for IG Trading:

  • Over 17,000 financial instruments
  • Proprietary trading platform – L2 Dealer
  • Good selection of trading platforms and tools
  • Guaranteed stop-loss order (GSLO) for 0 slippage execution

IG Trading DMA Trading Account

We found a variety of advantages of IG Trading’s Forex direct account, which mimics the ECN/STP execution models, highlighted below:

  • Fast order execution of 0.014 seconds
  • Average EUR/USD spread of 0.16
  • Volume-based commission from USD 60 per million traded
  • 38% of limit orders received positive slippage
  • Low order rejection rate below 2%
  • Professional order control and integrated market alerts
  • Historical price data on all currency pairs

IG Trading’s Top Pricing Execution and Liquidity Providers

IG Trading uses a DMA (Direct Market Access) model to execute a client’s transactions, which means orders are submitted directly to the Interbank market. We like this model as it gives clients the best available prices and execution without any interference.

IG Trading’s liquidity provider (LP) network is impressive, comprising 12 tier-1 banks and tier-2 banks along with leading market makers and Multilateral Trading Facilities (‘MTFs’). We also found IG Trading transparent about its info, with its execution venues openly published within the Order Execution Policy.

IG Trading prices are aggregated from the following top-tier financial institutions: Bank of America, Barclays, Citadel, Citibank, EBS, Goldman Sachs, Hotspot, HSBC, JP Morgan, Morgan Stanley, UBS, and XTX.

8. ThinkMarkets Best ECN Broker For Beginners


Forex Panel Score


Average Spread

EUR/USD = 0.1 GBP/USD = 0.3 AUD/USD = 0.2

Trading Platforms

MT4, MT5, ThinkTrader

Minimum Deposit


Why We Recommend ThinkMarkets

We particularly value ThinkMarkets for its affordability, with a low commission of just AU$3.50 and RAW spreads starting from only 0.1 pips for EUR/USD. All of this makes it a great beginner friendly platform. It also supports both MetaTrader 4 and the newer MetaTrader 5 soyou can choose whichever one they’re more comfortable with.

You can also opt for the in-house ThinkTrader platform which is available on both web and mobile. If you do use this platform, you will be ale to able to buy ASX shares and own the underlying instrument.

Pros & Cons

  • Supports large variety of payment options
  • Good 24/7 customer support
  • Supports both MT4 and MT5
  • Shares trading on ASX
  • Doesn’t offer an Islamic account
  • Below average order execution speed
  • $500 minimum deposit for RAW account

Broker Details

ThinkMarkets is a Great Choice for Beginner Traders

If you’re a beginner trader, one of the best forex brokers to start trading with is ThinkMarkets. ThinkMarkets provides an outstanding selection of quality educational resources and market research. We found ThinkMarkets’ best features to be:

  • Superior MetaTrader package (MT4 and next-gen MT5)
  • Access to over 2,300 ASX-listed shares
  • Award-winning trading App
  • Negative Balance Protection

Top Market Research and Trading Academy

Not all forex brokers welcome beginner traders who require special trading features. However, ThinkMarkets accommodates the needs of even the most demanding FX traders.

ThinkMarkets provides industry-leading education through its “Learn to Trade” section, which is available for beginner, intermediate, and advanced traders. Additional educational resources include a well-organised trading glossary library with a search function, trading guides on the most popular technical indicators and chart patterns, and free, downloadable eBooks.

ThinkMarkets also helps new traders with solid research and related resources. In-house analysts at ThinkMarkets cover all the latest market risk events both in writing and via interactive live webinars.

ThinkMarkets ECN Account – ThinkZero Account

The ThinkZero account is the ECN-like account type best suited for beginners. Along with having rich educational resources, we discovered additional key features of the ThinkZero Account:

  • Spreads as low as 0.0 pips
  • Market-leading technologies (MT4, MT5, and API)
  • A low commission rate of USD 3.5 per side
  • ThinkMarkets News service
  • Helpful advanced trading tools (Autochartist and Trading Central)

ThinkMarkets Account Types