Instant Execution brokers fill orders at the trader’s requested price. Such control allows traders to adopt precise trading strategies and better manage risk. At WR Trading, we understand that split-second decisions are crucial in the fast-paced forex trading world. As such, it makes all the difference to have a forex broker that executes orders instantly. We explore below the top 10 instant execution Forex brokers.
Traders who rely on precise entries and exits need instant execution brokers. Here’s our list of the Top 10 Instant Execution Forex Brokers:
Broker:
Execution Speed:
Advantages:
Account:
< 30 milliseconds
- No Minimum Deposit
- Spreads from 0.0 Pips
- 26,000+ Markets
- Leverage up to 1:500
- Low Commission from 2$/1 Lot
- High liquidity
- TradingView, MT4/5, cTrader, Invest Account
- New Zealand regulated
< 50 milliseconds
- 5x regulated broker
- Spreads from 0.0 Pips
- More than 10,000 markets
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity
- TradingView, MT4/5, cTrader, IRRES
< 70 – 100 milliseconds
- ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:500
- Low Commission from 1.5$/1 Lot
- High liquidity
- TradingView, MT4/5, cTrader, Pro Trader
< 70 milliseconds
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity
- TradingView, MT4/5, cTrader, Pro Trader
< 50 milliseconds
- ECN/STP Accounts
- Spreads from 0.0 Pips
- Leverage up to 1:1000
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- MT4/5 and Pro Trader
30 milliseconds
- Tier-1 Regulated Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 3$/1 Lot
- High liquidity
- TradingView, MT4/5, cTrader
< 40 milliseconds
- Raw Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity
- cTrader, MT4 ,MT5
99.35% filled in under 1 second
- Multiple regulated
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 2$/1 Lot
- Personal support
- MT4, MT5
100 milliseconds
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 4$/1 Lot
- High liquidity
- TradingView, MT4/5
< 100 milliseconds
- Offshore A-Book Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500
- High liquidity
- MT4, MT5
See our full Instant Execution Forex Brokers Comparison via video here:
#1 BlackBull Markets
BlackBull Markets, well-known worldwide, is a top ECN broker because of its transparency and direct market access. They offer a variety of ECN account types to accommodate both novice and seasoned traders. A summary table of the features and execution speeds is provided below.
- BlackBull Prime Account: Active traders will certainly enjoy this account type, which offers trades with an ultra-tight spread as low as 0.1 pip and a $6 lot commission only. At WR Trading, we discovered BlackBull Markets has an average execution time of less than 30 milliseconds with this trading account.
- BlackBull Standard Account: This kind of account is suitable for most scalpers or day traders who are only concerned with keeping their trading expenses to a minimum because it has a minimum spread starting at 0.8 pips and no commission fees.
BlackBull Markets generally aims to provide exceptionally fast execution across the board on all of its account types, though specific data regarding the speed of execution on this standard account is unavailable.
The broker operates Equinix NY4/LD5 servers in New York and London. At WR Trading, we rank this broker as our 1st-place instant execution broker.
Key Facts About BlackBull Markets:
Feature | Information |
---|---|
Account Type | BlackBull Prime |
Spreads | From 0.1 pips |
Commission | From $2 per lot |
Average Execution Speed | < 30 milliseconds |
Trading Platforms | MT4, MT5, WebTrader, cTrader, TradingView, BlackBull Invest, BlackBull CopyTrader |
Trading Instruments | Forex, Indices, commodities |
Transaction Methods | Market Execution, Instant execution |
Maximum Leverage | Up to 1:500 |
Speed | Fast |
Regulation | FSA |
Minimum Deposit | $0 |
Withdrawal Methods | Credit/Debit cards, Bank Transfers and eWallets |
Customer Support | 24/7 live support |
#2 FP Markets
Due to its exquisite service on its ECN Forex Trading, FP Markets has been able to do well. One of the favorite accounts here in WR Trading is this Raw ECN account because it has extremely low spreads, starting at 0.0 pips and a $3 side commission. This broker ensures price transparency, accurate cost computation, and ultra-professional trade execution.
FP Markets claims to undergo ultra-fast trade execution at an average speed of less than 50 milliseconds, according to reports filed by independent clients and sources. For major currency sets, FP Markets often offer some of the tightest spreads available on the marketplace starting from 0.0 pips. They also execute fast, with low latency from their Equinix NY4 facility server cluster. At WR Trading, we rank this broker as our 2nd-place instant execution broker.
Key Facts About FP Markets:
Feature | Information |
---|---|
Account Type | Raw ECN |
Spreads | From 0.0 pips |
Commission | $3 per side |
Average Execution Speed | < 50 milliseconds |
Trading Platforms | MT4, WebTrader, MT5 TradingView, cTrader |
Trading Instruments | Forex, Indices, Commodities, Shares, Metals, Bonds, ETFs |
Transaction Methods | Market Execution |
Maximum Leverage | 500:1 |
Speed | Fast |
Regulation | ASIC, CySEC, FSCA, FSA, FSC, ESMA |
Minimum Deposit | $100 |
Withdrawal Methods | Credit, debit cards, bank transfers, eWallets |
Customer Support | 24/7 live support |
#3 Vantage Markets
The Vantage Markets Raw ECN Account is offered for scalpers and high-frequency traders. With no commission fees and a fully ECN environment, traders can leverage even the smallest price movements. It also offers very tight spreads, starting at as low as 0.0 pips.
Vantage Markets prides itself on its speed of execution, which is estimated to be around 100-250 milliseconds on average, according to industry reports. Not only New York and London but also Sydney, Hong Kong, Singapore, Taipei, and London host their trade servers and data centers. At WR Trading, we rank this broker as our 3rd-place instant execution forex broker.
Key Facts About Vantage Markets:
Feature | Information |
---|---|
Account Type | Raw ECN |
Spreads | From 0.0 pips |
Commission | $3 per lot side (Raw ECN) |
Average Execution Speed | 70-100 milliseconds (estimated) |
Trading Platforms | MT4, MT5, WebTrader, Vantage App, TradingView, ProTrader |
Trading Instruments | Forex, Indices, Commodities, Shares, ETFs |
Transaction Methods | Market execution, Instant execution |
Maximum Leverage | 500:1 |
Speed | Fast |
Regulation | CySEC, ASIC, FSCA, CIMA, SIBL |
Minimum Deposit | $50 |
Withdrawal Methods | Credit, Debit cards, Bank Transfers, eWallets |
Customer Support | 24/7 live support |
#4 RoboForex
Roboforex offers a dedicated ECN account for professional traders, with spreads as low as 0.0 pip, plus a $20 round-turn commission. While this is a little pricey compared to what most brokerages charge, tight spreads often compensate for this commission, especially for high-volume traders. RoboForex is focused on fast execution; according to customer reviews, the average speed is less than 70 milliseconds.
At WR Trading, we rank this broker as our 4th-place instant execution broker.
Key Facts About RoboForex:
Feature | Information |
---|---|
Feature | Details |
Account Type | ECN |
Spreads | From 0.0 pips |
Commission | $20 round-turn |
Average Execution Speed | < 70 milliseconds (customer reviews) |
Trading Platforms | MT4, MT5, cTrader, R Trader |
Trading Instruments | Forex, Indices, Commodities, Cryptos, Stocks |
Transaction Methods | Market execution, Instant execution |
Maximum Leverage | Up to 1:2000 |
Speed | Fast |
Regulation | FSC |
Minimum Deposit | $10 (ProCent, Pro, Prime, ECN), $100 (RStocks Trader) |
Withdrawal Methods | Credit/Debit cards, bank transfers, eWallets |
Customer Support | 24/7 live supports |
#5 Moneta Markets
Through an extensive library of education resources, Moneta Markets provides live streaming, market analysis, and video tutorials for all types of traders. For Moneta Markets, the education component is very critical. The company guarantees its clients instant execution with as low as 0.0 pips spread on the Prime and Ultra ECN accounts.
The Prime account has a pricing of $3 per lot per side, while on the Ultra ECN, it is a bit lower at $1 per lot per side. Backed by OneZero’s state-of-the-art pricing engine, Moneta Markets links traders for incorporation into the largest liquidity pools to guarantee the fastest execution of trades possible.
Their trading servers are connected via fiber optics to Tier 1 liquidity providers, with orders sent to the nearest Equinix data center for instant execution. Moneta Markets targets an average execution speed of below 50 milliseconds. At WR Trading, we rank this broker as our 5th place instant execution forex broker.
Key Facts About Moneta Markets:
Feature | Information |
---|---|
Account Type | Prime & Ultra ECN |
Spreads | From 0.0 pips |
Commission | Prime: $3 per lot per side, Ultra ECN: $1 per lot per side |
Average Execution Speed | < 50 milliseconds |
Trading Platforms | MT4, WebTrader, MT5, Moneta App, ProTrader, AppTrader |
Trading Instruments | Forex, Indices, Commodities |
Transaction Methods | Market execution, Instant execution |
Maximum Leverage | 1000: 1 |
Speed | Fast |
Regulation | FSCA, SLIBC |
Minimum Deposit | $50 |
Withdrawal Methods | Credit or debit cards, bank transfers, eWallets |
Customer Support | 24/5 live support |
#6 Pepperstone
Pepperstone’s excellent execution model and intuitive interface have allowed it to take the lead in the ECN market. Their Razor account is intended especially for day traders and scalpers who require a commission-based pricing structure.
With an extra $3 per lot in commission on both ends, it offers extremely tight spreads beginning at 0.0 pip. Australians are familiar with Pepperstone because of its lightning-fast execution times, which average 30 milliseconds or 0.03 seconds. According to numerous reports, the average execution time for trades with this STP broker is less than 20 milliseconds.
At WR Trading, we rank this broker as our 6th-place instant execution broker.
Key Facts About Pepperstone:
Feature | Information |
---|---|
Account Type | Razor |
Spreads | From 0.0 pips |
Commission | $3 per lot (round-turn) |
Average Execution Speed | 30 milliseconds (Aust.) |
Trading Platforms | MT4, MT5, cTrader, TradingView |
Trading Instruments | Forex, Indices, Commodities, Cryptos |
Transaction Methods | Market Execution, Instant Execution |
Maximum Leverage | 500:1 |
Speed | Fast |
Regulation | BaFin, ASIC, FCA, DFSA |
Minimum Deposit | $0 |
Withdrawal Methods | Credit/Debit cards, Bank Transfers, eWallets |
Customer Support | 24/7 live support |
#7 IC Trading
IC Trading sets itself apart from other scalpers by offering ultra-tight spreads and prioritizing low-latency execution. For example, their Raw Spread account offers commission-based spreads beginning at 0.0 pips. Fast execution times are an important aspect of trading at IC Trading; the company strives for an average execution time of less than 40 milliseconds, based on our findings at WR Trading.
At WR Trading, we rank this broker as our 7th-place instant execution broker.
Key Facts About IC Trading:
Feature | Information |
---|---|
Account Type | Raw Spread |
Spreads | From 0.0 pips (Raw Spread Account), From 0.8 pips (Standard Account) |
Commission | $3.5 |
Average Execution Speed | < 40 milliseconds (customer feedback) |
Trading Platforms | MT4, MT5, cTrader, WebTrader |
Trading Instruments | Forex, Indices, Commodities, Stocks, Bonds |
Transaction Methods | Market Execution |
Maximum Leverage | Up to 1:1000 |
Speed | Fast |
Regulation | FSC |
Minimum Deposit | $200 |
Withdrawal Methods | Credit/Debit Cards, Bank Transfer |
#8 XM
At WR Trading, we understand the value of quick and dependable order execution, and XM stands out in this respect. Since 2010, XM has pioneered a policy of no re-quotes or order rejections. They guarantee 100% order execution, with 99.35% of all orders completed in less than a second. This dedication to execution quality is critical for traders who employ tight spreads as part of their trading strategies.
XM aims to serve traders effectively even during volatile market conditions through its business partnerships with various liquidity providers by executing orders at the best available market price. Tight spreads only make sense if you can trade them, and XM’s goal is to provide the best execution possible. This positions XM as a strong contender for traders who value execution speed and reliability.
At WR Trading, we rank this broker as our 8th-place instant execution broker.
Key Facts About XM:
Feature | Information |
---|---|
Account Type | XM Standard, XM Zero Accounts |
Spreads | From 0.6 pips |
Commission | From $0, $3.5 per lot for XM Zero Accounts |
Order Execution | 100% execution, 99.35% filled in under 1 second |
Trading Platforms | MT4, MT5, WebTrader, XM App |
Trading Instruments | Forex, Indices, Commodities, Stocks, Shares, Metals |
Transaction Methods | Market Execution, Instant Execution |
Maximum Leverage | Up to 1:1000 |
Speed | Fast |
Regulation | CySEC, FSC |
Minimum Deposit | $5 |
Withdrawal Methods | Credit/Debit Cards, Bank Transfers, eWallets |
Customer Support | 24/7 live support |
#9 FBS
While FBS caters mostly to beginner traders through other account types, they still offer an ECN account for those seeking instant execution. FBS executes 95% of orders within 0.4 seconds. Its Market Execution system supports such high speed and ensures that orders are executed at actual market prices, without requotes.
FBS uses NDD and STP technologies. All the orders are transferred directly to their liquidity providers’ systems. Because of this, trades are executed quickly and without failures.
FBS customers can have up to 200 pending orders and 500 open positions at any time. Order volumes range from 0.01 lots to 500 lots with a step of 0.01. This flexibility, coupled with the speed of execution, empowers the trading platform offered by FBS to be highly competitive for people seeking good order processing. At WR Trading, we rank this broker as our 9th-place instant execution broker.
Key Facts About FBS:
Feature | Information |
---|---|
Account Type | ECN |
Spreads | From 0.7 pips |
Commission | $0 |
Order Execution Speed | from 0.01 sec |
Trading Platforms | MT4, MT5 |
Trading Instruments | Forex, Indices, Commodities |
Transaction Methods | Market execution, instant execution |
Leverage | Up to 1:3000 |
Speed | Fast |
Regulation | CySEC, IFSC |
Minimum Deposit | $5 |
Withdrawal Methods | Credit/Debit cards, eWallets |
Customer Support | 24/5 live support |
#10 VT Markets
VT Markets offers a Raw ECN account for experienced traders seeking maximum control and quick execution. Here’s everything we know about it:
VT Markets’ Raw ECN Account: This account has very tight spreads starting at 0.0 pips, with only a $6 round-turn commission. There is no specific data available for average execution speed, but VT Markets claims to support low-latency execution technology.
At WR Trading, we rank this broker as our 10th-place instant execution broker.
Key Facts About VT Markets:
Feature | Information |
---|---|
Account Type | Raw ECN |
Spreads | From 0.0 pips |
Commission | $6 round-turn |
Average Execution Speed | Less than 100 ms |
Trading Platforms | MT4, WebTrader |
Trading Instruments | Forex, Indices, Commodities |
Transaction Methods | Market Execution, Instant Execution |
Maximum Leverage | 500: 1 |
Speed | Fast |
Regulation | FSCA, FSC, ASIC |
Minimum Deposit | $100 |
Withdrawal Methods | Credit/Debit cards, Bank transfers, eWallets |
Customer Support | 24/7 live support |
Why A Fast Execution Speed Matters in Forex Trading
In Forex trading, milliseconds matter. At WR Trading, we also take fast execution seriously. Fast execution means you can implement your strategies and control risk better in the markets. Let’s explore some key reasons why instant execution is important:
- Capitalize on fleeting opportunities: Forex market prices are never stable. A split-second delay in execution can result in either a missed opportunity to profit due to a price change or an actual loss. Faster execution enables you to seize the fleeting opportunities presented by market volatility.
- Minimize slippage: Slippage occurs when the price at which your order is executed differs from what you specified. This could happen during periods of high market volatility and slow execution. Lower slippage results from faster execution speeds, bringing you closer to fulfilling orders at the exact prices you desire. Hence, a need for instant execution.
- Scalp and day trade efficiently: Scalping and day trading strategies are designed to profit off very small movements in price over a very short time frame. These strategies are greatly affected by delays in execution. In an instant execution environment, scalpers and day traders can benefit from minute fluctuations in prices.
- Improved risk management: effective risk management requires precise entry and exit points. Faster execution allows you to place stop-loss orders with greater confidence, knowing they’ll be triggered closer to your desired price if the market moves against you. This helps limit potential losses and protect your capital.
- Enhanced trading experience: Proper entry and exit points are the lifeblood of proper risk management. Fast execution allows you to make stop-loss orders with greater confidence, as the trades will be executed close to your desired price in the event of a market reversal. This helps to keep prospective losses as small as possible and protects your account from suffering a severe blow.
How We Tested the Execution Speed of Forex Brokers
At WR Trading, we know that relying solely on simple broker claims about execution speed is not enough. That’s why we conducted some tests so that we can bring you complete information. Here’s a look inside:
- Latency Testing Tools: Our proprietary latency testing tools are compatible with industry standards, helping us measure the round-trip time between our servers and those of the stated broker, thereby giving a baseline understanding of overall connection speed.
- Automated Order Placement: We use proprietary scripts that automatically execute orders for various forex pairs at different times of the day, which gives us a far more accurate assessment—because it removes human reaction time from the equation.
- Real-Market Conditions: These tests run during live market hours to capture execution speeds under real-world trading conditions. This ensures that the results reflect actual performances you would see while trading.
- Multiple Account Types: We tested execution speeds across the different account types offered by each broker. This helped reveal whether any execution lag is caused by differences based on account features.
- Data Analysis and Reporting: Subsequently, our team analyzed all the gathered data regarding order fill times, slippage rates, and overall execution consistency. This provided us with the base information used to make our broker comparisons.
It is noteworthy that this is just one of the testing methodologies; market conditions and individual experiences may vary.
The Matter of Your Internet Connection
Even the fastest forex broker won’t deliver optimal results if your internet connection lags. Here’s why your internet connection speed and stability play a crucial role in execution speed:
- Order Transmission Delays: Slow or unstable internet can delay your orders from being placed on the broker’s servers. This can cause misses in opportunities or bad fills against moving prices.
- Increased Latency: High latency—the time it takes for data to travel between your device and the server—may hugely impact execution speed. Slow internet is going to add very expensive milliseconds to order execution.
In the fast-paced world of forex trading, even a slight delay in your internet connection can make a significant difference in your ability to execute trades quickly and effectively. Ensuring a fast and stable internet connection is crucial for maintaining an edge in the market, reducing latency, and preventing frustrating interruptions. Below are some practical tips to help you optimize your internet connection:
- Upgrade Your Internet Plan: You should use the best internet plan you can afford as a forex trader if you are interested in fast order executions at all. Consider upgrading your plan if your service provider has a better one.
- Use a Wired Connection: Whenever you are presented with no options, opt for a wired connection over a Wi-Fi connection. A stable Ethernet cable will do the job.
- Minimize Bandwidth Usage: Closing unwanted applications or the background processes might help reduce your bandwidth consumption, which May be responsible for your slow internet.
- Choose a Reliable ISP: Find an ISP with a reputation for reliability and low latency. Compare various ISPs at your location to find the best one.
The Role of the Forex Broker’s Trading Servers
Beyond your internet connection, the forex broker’s server infrastructure is highly important and significantly impacts execution speed. Here’s how:
- Server Location: Try to select brokers that have their servers located in major financial centers like London, New York, or Tokyo. This reduces the physical distance that a piece of transmitted data needs to travel. This reduction in travel distance and delayed transmissions potentially enhances order execution speed.
- Server Capacity and Technology: The ability and speed of a broker’s server greatly impact their high trading volumes and the ensuing order processing speeds. Look for brokers that invest in state-of-the-art servers featuring low-latency hardware and software.
- Order Routing and Matching: The routing and matching system of the broker is very important. Effective routing ensures that your orders go quickly to appropriate liquidity providers, while effective matching systems ensure that your orders are matched with counterparties quickly.
In most cases, it can be really difficult for a retail trader to get deep insight into a broker’s server infrastructure. However, their reputation, reviews by their clients, and emphasis on low-latency execution may give some hints.
Here at WR Trading, we prioritize and recommend forex trading brokers who demonstrate a clear commitment to:
- Geographically dispersed servers in key financial hubs.
- Investing in cutting-edge server technology for optimal performance.
- Implementing efficient order routing and matching systems.
By choosing a broker that prioritizes these aspects, you can ensure that your orders are processed and executed with minimal delay.
Conclusion
In the fast-paced forex trading world, every millisecond matters. You can immediately gain a trade execution edge over other traders by selecting these instant execution brokers and optimizing your internet connection. This guide has empowered you with all the knowledge you need to make an informed decision.
To wrap it up, remember that an optimized internet connection minimized bandwidth usage, your broker’s server location, capacity, technology, and order routing systems all influence execution speed.
Once again, here is the list of the 10 best Instant Execution Forex Brokers:
- BlackBull Markets (ECN account variety, fast execution speeds)
- FP Markets (ECN, tight spreads)
- Vantage Markets (Raw ECN account, scalpers choice)
- RoboForex (ECN accounts, cTrader platform, algorithmic trading.)
- Moneta Markets (ECN trading, tight spreads, fast execution speeds)
- Pepperstone (ECN, low latency)
- IC Trading (Raw spread account, ECN access)
- XM (Low minimum deposit, User-friendly platform, fast execution)
- FBS (Micro accounts, low spreads, fast execution)
- VT Markets (ECN accounts, multi-platform support, fast execution)
Frequently asked questions on Instant Execution Forex Brokers
How Critical is Fast Execution For Beginner Traders?
Faster execution speed will help all traders, irrespective of their level. Yet, in the case of beginners who may be more oriented toward longer-term strategies, it may not make as much of a difference as with scalpers or day traders who need to get in and out of trades quickly.
Are There Any Downsides to Using an Instant Execution Broker?
Yes, there are. Some fast-execution brokers may charge slightly higher commissions on specialized accounts than on their standard account options. Regardless, the added benefits that can be enjoyed from faster execution speeds often eclipse additional costs, especially in the case of active traders.
Can I Test a Broker’s Execution Speed Before Opening a Live Account?
Yes, you can. Some brokers offer demo accounts to help you experience their trading platform and probably get some feeling for their execution speed. Nevertheless, it is possible that the conditions in demo accounts may not accurately represent the live markets.
What Other Factors Should I Consider When Choosing a Forex Broker Besides Execution Speed?
Consider the spread size, commissions, kinds of instruments for trading on their platform, quality of customer support, and level of regulation. Speed is but one factor, albeit an important one.
How Can I Stay Updated on The Latest Developments About Forex Brokers Execution Speed?
Stay tuned to WR Trading! We monitor the Forex market and try to bring you the best Forex information.