Best Brokers With Market Execution 2025
Explore our top brokers with market execution, offering traders faster entry at current market prices and minimizing slippage, crucial for enhancing trading efficiency.
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1Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 2.5 Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 Pepperstone, established in Australia in 2010, is a highly-regarded forex and CFD broker serving more than 400,000 international clients. It provides access to over 1,300 instruments through leading trading platforms such as MT4, MT5, cTrader, and TradingView, while keeping fees relatively low and transparent. The company is regulated by known authorities including FCA, ASIC, and CySEC, offering a safe trading environment for all.
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Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Brokers With Market Execution 2025 are in terms of number of clients.
Broker | Popularity |
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Exness |
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RoboForex |
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Pepperstone |
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FOREX.com |
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Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
Cons
- Plexytrade only accepts deposits and withdrawals through cryptocurrencies. It does not support bank cards, wire transfers, or e-wallets.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Exness was the first brokerage to reach monthly trading volumes of $1 trillion and $2 trillion, demonstrating its credibility.
Cons
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- The broker provides up to 1:2000 leverage for some accounts, a peak level in the industry. This high leverage lets traders increase their potential gains, but also increases risk.
- The R Stocks Trader platform competes with top platforms like MT4, offering netting and hedging abilities, thorough backtesting, Level II pricing, and a versatile workspace.
- RoboForex offers tight spreads starting at 0 pips and low minimum deposits from $10, making it affordable. Trading with micro lots additionally reduces entry barriers for new traders.
Cons
- RoboForex provides fair spreads, but some of its account types have high trading commissions up to $20 per lot, which are more expensive compared to more affordable brokers like IC Markets.
- RoboForex, despite having many platforms, does not yet support the commonly used cTrader. This can dissuade traders who favor this platform for trading, which is accessible with firms such as Fusion Markets.
- RoboForex offers many account types which, although flexible, can be daunting for new traders to select the most appropriate for their trading preferences. Other platforms like eToro simplify the process with a single retail account option.
Why Trade With Pepperstone?
Pepperstone is a leading choice for trading with low spreads, quick execution, and advanced charting for experienced traders. New traders benefit from no minimum deposit, a wealth of educational resources, and 24/7 support. Operating under ASIC regulation, Pepperstone is a top option for Australian traders and won DayTrading.com's 'Best Aus Broker' award for 2025.
Pros
- Pepperstone is a low-cost broker, ideal for serious traders. The Razor account offers spreads from 0.0, with rebates up to 30% for indices and commodities, and $3 per lot for forex through the Active Trader program.
- Pepperstone now offers spread betting via TradingView, enabling tax-efficient trading with sophisticated analysis tools.
- Pepperstone has won several annual DayTrading.com awards, including 'Best Overall Broker' in 2025 and 'Best Forex Broker' runner-up in 2025.
Cons
- Pepperstone does not support cTrader Copy, a popular feature in the cTrader platform available at alternatives like IC Markets, though it has launched an intuitive copy trading app.
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
- Despite market improvements, the crypto options provided are fewer compared to other brokers like eToro, with no chance to buy actual coins.
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Understanding Market Execution in Trading
When you’re involved in trading, it’s important to know how your broker handles your orders. Here’s a simplified breakdown of the concept known as “market execution.”
What is Market Execution?
Market execution is a way brokers fulfill your orders to buy or sell at the best available market price. Instead of getting the exact price you see when placing the order, it executes at whatever price is available at that moment. This can lead to slippage, where the price may be better or worse than expected.
Many brokers operate using this model, especially:
- Straight Through Processing (STP) brokers
- Electronic Communications Network (ECN) brokers
These brokers get prices from multiple sources, often resulting in lower costs, or spreads, making them popular with investors using quick trading strategies like scalping or automated systems.
Market Execution Vs. Instant Execution
How orders get completed can affect your trading experience.
Market Execution:
– Orders happen at the best possible price available.
– There’s no need to pick a price, just the quantity you want to trade.
– While prices can fluctuate, trades are always completed without delays.
Instant Execution:
– Lets you request a specific price.
– If the desired price isn’t available, your order might be delayed with a “requote,” or new price offer.
– Typically involves larger, fixed costs.
Choosing market execution often means quicker, more fluid pricing, which can be beneficial during very active markets.
Market Execution Vs. Pending Orders
Another choice in trading is using pending orders. These prepare to buy or sell at a future price, and include variants such as:
- Buy/Sell limits
- Buy/Sell stops
- Take profits
Pending orders are pre-set and converted into market orders when they meet the criteria.
Advantages of Market Execution
Market execution provides several benefits:
- Transparency: Greater clarity, with fewer chances for brokers to manipulate prices.
- No Delays: Orders are automatically completed, with no need for requotes.
- Possible Better Prices: Slippage can sometimes mean a preferable price.
- Low Costs: Often involves lower variable spreads.
- Adaptability: Useful when you need to quickly adapt to changing market conditions.
Disadvantages of Market Execution
However, there are also some downsides:
- Trading Commissions: Market execution brokers generally charge a fee, which can impact profits.
- Negative Slippage: Prices might be less favorable than expected.
- Stop Loss Setup: Can’t set stop-loss orders right away; you must do it after the trade executes.
How to Know If Your Broker Uses Market Execution
To determine if your broker uses market execution:
– Check their website for details.
– Look at the order settings in trading platforms like MT4.
– Visit trusted resources like brokerlistings.com for reviews and lists.
Top Brokers with Market Execution
Several brokers offer market execution, including:
FXPro
FXPro offers fast execution with transparency, often completing trades at the stated market price, and provides a range of assets to trade.
XM
Known for quick order processing with no requotes, XM gives traders tight pricing and protection against negative balances.
Exness
Exness is recognized for competitive pricing, ideal for quick trade strategies, and operates in highly regulated areas.
Conclusion
Deciding between market and instant execution depends largely on your personal trading style and goals. Market execution can be highly effective but comes with its own risks, like slippage. If you’re considering this route, review available brokers using platforms like brokerlistings.com to find a fitting option.
FAQs
What Is Market Execution?
Market execution is when a broker completes trades at the current market price without delays or requotes.
What Is the Difference Between Market and Instant Execution?
Market execution uses the next best available price whereas instant execution attempts to meet the trader’s requested price, which may result in them receiving new price offers or requotes.
Are Market Orders Executed Immediately?
Yes, they are typically executed quickly, but the final price may vary, resulting in slippage.
What Is Slippage in Market Execution?
Slippage occurs when there’s a difference between the expected trade price and the actual price at execution, which can be beneficial or detrimental.
Does A Requote Occur In Market Execution?
No. Market execution completes the trade without offering new price proposals, which only occur with instant execution models.