Best ECN Brokers in Albania in 2024

1
8.4
Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.
2
8.28
Your capital is at risk.
77.74% of retail investor accounts lose money when trading CFDs with this provider.
3
8.61
Your capital is at risk.
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ECN trading accounts enjoy wide popularity both among beginners and experienced traders. These accounts allow traders to save on fees and also ensure quick order execution. Traders Union analysts have prepared the rating of the best ECN brokers in Albania. Experts analyzed companies based on more than 100 criteria. The specialists singled out the most reliable brokers with attractive trading conditions.

The most reliable brokers in Albania by TU include the following:

1
8.4
VISIT BROKER
Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.

2
8.28
VISIT BROKER
Your capital is at risk.
77.74% of retail investor accounts lose money when trading CFDs with this provider.

XM Broker is a broker for professional trading. Trading conditions correspond to the average market; there are technical advantages that distinguish XM Broker from its competitors.

3
8.61
VISIT BROKER
Your capital is at risk.

The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.

4
8.29
VISIT BROKER
Your capital is at risk.
Please note that your capital is at risk.

Pepperstone is particularly suitable for novice market participants as well as more seasoned trading professionals. In general, the Pepperstone platform offers everything novice traders need for comfortable trading such as favorable conditions, reliability, a wide selection of trading options, along with an assortment of first rate educational materials.

5
7.64
VISIT BROKER
Your capital is at risk.

FP Markets provides its services worldwide and adjusts its trading conditions subject to the requirements of supervisory authorities.

Best ECN brokers in Albania in 2024

IC Markets XM Group RoboForex Pepperstone FP Markets

Trading platform

MetaTrader 4, MetaTrader 5, TradingView and cTrader

МТ4, МТ5 (desktop, web, and mobile versions), and XM App for smartphones and tablets

МТ4, МТ5, R StocksTrader, R MobileTrader, R WebTrader

cTrader, TradingView, MetaTrader 4 and MetaTrader 5

MetaTrader 4, MetaTrader 5, cTrader, and Iress for Australian residents

Min deposit

$200

$5

$10

$1

$100

Leverage

From 1:1
to 1:500

From 1:1
to 1:30

From 1:1
to 1:2000

From 1:1
to 1:400

From 1:1
to 1:500

Trust management

No

No

No

No

No

Accrual of % on the balance

0.00%

0.00%

0.00%

0.00%

0.00%

Spread

From 0.0 points

From 0.6 points

From 0.0 points

From 0.0 points

From 0.0 points

Level of margin call / stop out

100% / 50%

100% / 50%

60% / 40%

90% / 20%

No

Execution of orders

Market Execution

Market Execution

Market Execution, Instant Execution

Instant Execution

Market Execution

No deposit bonus

No

No

No

No

No

Cent accounts

No

Yes

Yes

No

No

ECN is an electronic communication network which is used to process the trades of traders. There is no dealing, which is used by classical brokers. Such companies earn a profit exclusively from the fees paid by the traders. Therefore, they are directly interested in making sure that the client trades as long as possible and does not lose the deposit fast.

The ECN technology does not allow the broker to interfere with the process in any way. Traders work directly with the liquidity providers, i.e. the largest banks and financial institutions. Liquidity improvement is achieved through an increased number of trades, and not the trading volume. The spreads are floating on ECN accounts and they are better compared to classical brokers with dealing centers.

1
Best ECN broker in Albania - IC Markets

IC Markets is a multi-regulated STP/ECN broker that offers trading of 2,250+ instruments on MetaTrader, TradingView and cTrader platforms. Currently, IC Markets provides its services to over 200,000 clients worldwide. The broker processes over 500,000 trades daily and its monthly trading volume is almost $1.4 trillion as of June 2024. It is regulated by CySEC, ASIC, and FSA. The broker was incorporated in 2007 and is constantly developing, improving, and adding new services and products.

👍 Advantages of trading with IC Markets for traders from Albania:

Availability of three licenses;

Wide range of assets;

Standard and ECN account types for trading on different platforms;

Mobile apps for Android and iOS-based devices;

Scalping, hedging, and algorithmic trading are allowed;

Minimum delay when executing orders and ultra-fast market execution;

Competitive trading fees;

Wide choice of social trading and copy trading platforms;

24/7 support via live chat;

Demo accounts on MT4, MT5, and cTrader;

Swap-free accounts are available for Muslim traders.

👎 Disadvantages of IC Markets for traders from Albania:

Education materials available on the website are not very informative or diverse;

Rebates are available outside Australia and the European Economic Area;

Not all clients are equally protected since compensation for investment is subject to the trader's country of residence.

IC Markets Commissions & Fees for traders from Albania

The fees are the key source of income for ECN brokers. Before choosing a broker, it is important to evaluate the levels of commissions and fees, which the broker offers on different accounts, including ECN.

IC Markets Commissions and Fees in Albania

Account type Spread (minimum value) Withdrawal commision

Standard

$6

Bank fees apply

Raw spread MT4/MT5

$0

Bank fees apply

Raw spread cTrader

$0

Bank fees apply

Islamic

$0

Bank fees apply

VISIT BROKER
Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

2
Best ECN broker in Albania - XM Group

XM Broker was founded in 2009. Initially, the company covered a narrow niche of the trader market, specializing exclusively in intermediary services at the foreign exchange market. It has since experienced considerable success and growth, has diversified and is now an international broker operating in almost 190 countries around the world. For over a decade XM Broker has attracted more than 5 million traders, offering unique technological solutions. The company is now being recognised as the Fastest Growing Broker, the Best Forex Service Provider and various other contributing achievements. The team at XM Broker is committed to continually working hard to improve the quality of the services provided every year as they are committed to continually providing the best service to their traders.

👍 Advantages of trading with XM Group for traders from Albania:

XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;

no “markup” on narrow market spreads (broker's margins over the spread);

over 1,000 trading instruments. Available for trading are: more than 55 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;

no commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;

around the clock support for 5 days a week in more than 30 languages.

👎 Disadvantages of XM Group for traders from Albania:

passive investment services (social trading platform, PAMM accounts);

expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.

XM Group Commissions & Fees for traders from Albania

The fees are the key source of income for ECN brokers. Before choosing a broker, it is important to evaluate the levels of commissions and fees, which the broker offers on different accounts, including ECN.

XM Group Commissions and Fees in Albania

Account type Spread (minimum value) Withdrawal commision

XM Ultra Low Micro

From 6 USD

No

XM Ultra Low Standard

From 6 USD

No

XM Zero

From 0 USD

VISIT BROKER
Your capital is at risk.
77.74% of retail investor accounts lose money when trading CFDs with this provider.

3
Best ECN broker in Albania - RoboForex

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders from Albania:

Availability of favorable trading conditions and a minimum deposit

Unique investment program CopyFx

Highest affiliate payments: up to 84% of the fee paid by the referral

Market launch - STP and ECN

Instant withdrawal of funds

Minimum deposit - $10

👎 Disadvantages of RoboForex for traders from Albania:

A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime

Lack of tools when trading on the R StocksTrader platform

RoboForex Commissions & Fees for traders from Albania

The fees are the key source of income for ECN brokers. Before choosing a broker, it is important to evaluate the levels of commissions and fees, which the broker offers on different accounts, including ECN.

RoboForex Commissions and Fees in Albania

Account type Spread (minimum value) Withdrawal commision

Pro

$13

No

Pro-Cent

$13

No

ECN

$3

No

Prime

$1

No

VISIT BROKER
Your capital is at risk.

4
Best ECN broker in Albania - Pepperstone

Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. The founders therefore focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading.
Today, Pepperstone offers clients all over the world some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help traders not only master the fine art of trading, but also significantly increase trading efficiencies. In addition, Pepperstone’s platform is scrutinized by seven regulatory authorities, including ASIC (Australian Securities and Investments Commission, AFSL No.414530), FCA (UK Financial Conduct Authority, 684312), DFSA (F004356), BaFin (151148), CMA (128), SCB (SIA-F217), and CySec (388/20). Moreover, with Pepperstone, clients' assets are maintained in aggregated accounts with several major, global banking institutions. These facts confirm the reliability of the company and guarantee the safety of the client's capital.

👍 Advantages of trading with Pepperstone for traders from Albania:

Attractive trading conditions;

Fast order execution - 30 ms on average;

1,200+ trading instruments;

Low fees; and

No inactivity fee.

👎 Disadvantages of Pepperstone for traders from Albania:

Support service works only 24/5;

No cent account;

Not available to US clients;

Limited passive trading opportunities;

Limited analytical materials available on the site. The only way to resolve this issue is to connect to trading signals;

No news section; and

Demo accounts can only trade for free for one month only.

Pepperstone Commissions & Fees for traders from Albania

The fees are the key source of income for ECN brokers. Before choosing a broker, it is important to evaluate the levels of commissions and fees, which the broker offers on different accounts, including ECN.

Pepperstone Commissions and Fees in Albania

Account type Spread (minimum value) Withdrawal commision

Razor

From $0

No

Standard

From $1

No

VISIT BROKER
Your capital is at risk.
Please note that your capital is at risk.

5
Best ECN broker in Albania - FP Markets

The FP Markets trademark is managed by FP Markets LLC registered in 2019 in St.Vincent and the Grenadines under number 126 LLC 2019. It is part of FP Markets Group with its head office in Sydney which was opened in 2005. Today, the brokerage holding firm operates using ECN (Electronic Communication Network) and DMA (Direct Market Access) technologies. It is regulated by ASIC, MISA, FSCA | South Africa, FSA | Seychelles, and FSC | Mauritius. FP Markets offers over 10,000 CFDs, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, Iress, and leverage up to 1:500. The broker doesn’t provide its services to residents of the U.S. and the countries that are on sanction lists.

👍 Advantages of trading with FP Markets for traders from Albania:

Trading accounts in 10 currencies;

Licenses from 5 jurisdictions;

Negative balance protection for retail traders;

Account types with different approaches to trading fee calculation;

Copy trading, hedging, scalping, and expert advisors are allowed;

Trading platforms customized for CFD and Forex trading;

Wide choice of payment systems for making deposits and withdrawals.

👎 Disadvantages of FP Markets for traders from Albania:

Cent accounts are not available;

If the broker fails to fulfill its obligations, compensation for losses is available only to traders from the EU;

Spreads on the Standard account are not the tightest on the market.

FP Markets Commissions & Fees for traders from Albania

The fees are the key source of income for ECN brokers. Before choosing a broker, it is important to evaluate the levels of commissions and fees, which the broker offers on different accounts, including ECN.

FP Markets Commissions and Fees in Albania

Account type Spread (minimum value) Withdrawal commision

Standard

$10

Fees of payment systems and banks

Raw

$0

Fees of payment systems and banks

VISIT BROKER
Your capital is at risk.

ECN account pros

Brokers offer simultaneously classic and ECN accounts. However, working through ECN is more beneficial.

The key benefits of this solution include the following:

  • Narrow spreads. The spreads on ECN accounts are lower than on classic trading accounts.

  • Reliability. Brokers have no impact on users’ trades on ECN accounts.

  • No requotes. Brokers make a withdrawal for each trade to the contracting party that offers the best quotes at the specific moment.

  • High liquidity. Trading conditions are more beneficial than on classical accounts; liquidity is achieved at the expense of the number of trades performed through ECN.

  • Impossibility to manipulate quotes. Traders receive direct access to quotes from liquidity providers.

Conclusions

ECN accounts can make trading in financial markets more profitable. Thanks to low fees and direct quotes from liquidity providers, traders can buy and sell assets at market prices, with market spreads and without manipulations with quotes by brokers.

Remember that trading on ECN accounts also carries risks. A trader can lose money, open unprofitable trades, etc. However, with the right approach and trading in line with the strategy, ECN can become a reliable instrument for trading in the Forex and other markets.

Top ECN brokers in 2024 for Albania traders

IC Markets XM Group RoboForex Pepperstone FP Markets

Overall score

8.4

8.28

8.61

8.29

7.64

Execution of orders

9.45

9.35

8.95

9.15

8.05

Investment instruments

8.77

8.7

8.2

9.58

8.69

Withdrawal speed

9.43

7.9

9.71

8

7.71

Customer Support work

7.19

8.5

9.17

6.98

7.42

Variety of instruments

8.02

8.02

8.75

8.75

6.42

Trading platform

7.51

7.2

6.86

7.29

7.57

FAQs

Is ECN suitable for a beginner?

Yes, ECN is beneficial for a beginner, because it has minimum trading fees and no requotes.

How does ECN work?

ECN provides direct access to liquidity providers, which means that traders work with minimum involvement of the broker. This ensures narrow spreads and protection of the client against manipulations with quotes.

How are trades executed on ECN accounts?

Trades are executed fully automatically. A trade is executed when the buyer and the seller with the best quotes are matched. Dealing is not required.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.