Best Brokers With Market Execution 2025
Explore our top brokers with market execution, offering 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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2Plexytrade, 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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3Established 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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4RoboForex 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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5Pepperstone, 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.
Compare The Best Market Execution Brokers Across Core Features
We put the top market execution trading platforms to the test - see how they stack up across the most important performance metrics:
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:Unlimited | ✓ | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:2000 | ✓ | IFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | USD, EUR | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✗ | ✗ | |
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✓ | ✓ | $0 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro) | ✓ | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
How Trustworthy Are The Top Market Execution Brokers?
See how the best market execution-focused brokers protect your capital:
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Top Mobile Platforms For Market Execution
Need seamless trade execution on the move? We tested leading mobile apps built for accurate market order handling:
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android, R StocksTrader | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Are The Top Market Execution Brokers Beginner-Friendly?
Compare how suitable the Best Brokers With Market Execution 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 | ✗ | ✗ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✓ | ||
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Do The Top Market Execution Brokers Meet Advanced-Level Trader Demands?
Experienced trader? Evaluate how each broker caters to advanced users with market execution and customizable tools:
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✓ | 1:30 (Retail), 1:500 (Pro) | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With Market Execution 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ | ✓ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✓ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Full Ratings: Best Brokers For Market Execution
Dive into our expert ratings of the top brokers delivering market execution:
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Market Execution Brokers Compared On Fees
We broke down spreads and other fees to identify the best value market execution trading platforms:
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
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✗ | $0 | 0.01 | 0.1 | Variable | |
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✓ | $0 | 0.02 | 0.1 | BTC 30, ETH 0 | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Which Market Execution Brokers Are Traders Using The Most?
Curious which platforms are winning over serious traders? Discover the most in-demand brokers known for market execution:
| Broker | Popularity |
|---|---|
| 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 top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- 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.
Cons
- 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.
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
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
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
- 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.
Cons
- 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.
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- The platform doesn't offer social or copy trading options. This means that novice traders cannot mirror the actions of more accomplished traders, unlike on platforms such as eToro.
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.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
Cons
- 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.
- 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.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
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
- RoboForex won the 'Best Forex Broker 2025' award from DayTrading.com for expanding their FX services, reducing spreads, and increasing availability in multiple countries.
- RoboForex offers more than 12,000 instruments for trading. This includes forex, stocks, indices, ETFs, commodities, and futures. Comparatively, this surpasses the trading opportunities available from most online brokers.
- The broker provides two free withdrawals each month in the Free Funds Withdrawal program, assisting traders in reducing transaction expenses.
Cons
- 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.
- 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, with more than 15 years in the industry, is authorized by the IFSC in Belize, a 'Red-Tier' regulator. This authorization provides a lower level of regulatory protection for traders.
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 now offers spread betting via TradingView, enabling tax-efficient trading with sophisticated analysis tools.
- Support for numerous top-charting platforms such as MT4, MT5, TradingView, and cTrader. These cater to different short-term trading styles, including algorithmic trading.
- Pepperstone has simplified deposits and withdrawals, adding Apple Pay and Google Pay in 2025, and PIX and SPEI for Brazilian and Mexican clients in 2024.
Cons
- Pepperstone's demo accounts last for 30 days. This might be insufficient for learning the various platforms and testing trading strategies.
- Despite expanding its market range, crypto options are limited compared to other brokers in this area, and there is no option to invest in actual coins.
- 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.
Filters
How We Chose The Best Market Execution Brokers
To create our rankings, we leveraged our extensive broker database to identify platforms that consistently deliver true market execution.
Each broker was evaluated using our proprietary scoring model, covering more than 200 data points across eight key categories – from execution and order types to platform reliability.
We didn’t stop at features on paper – we performed hands-on testing to gauge how each platform actually handles real-time order execution.
What To Look For When Choosing A Broker With Market Execution
Market execution is a dealing model where the brokerage will seek the best available price at the moment the trade is placed. While it sounds simple, there are a variety of factors traders need to consider when assessing which broker offers the best service.
These are the critical things to think about when selecting the best broker for market execution:
Execution Speed
Brokers with rapid execution speeds stand a better chance of completing the transaction at the price the trader was quoted. This is especially important in volatile financial markets (like forex and cryptocurrencies), where bid (buy) and offer (sell) prices can rapidly evolve.
Rapid execution is particularly critical for trading strategies centered around small profit margins (like scalping). Even a couple of milliseconds can make the difference between a trader making a gain or enduring a loss.
Top broker for execution speed: FOREX.com boasts ultra-low average execution speeds of three milliseconds (0.003 seconds), from our research. What’s more, over 99% of all trade instructions it receives are completed in less than one second.
Traders can deal using FOREX.com’s fast proprietary trading platform, or they can plug in popular third-party software like MetaTrader 4 and MetaTrader 5. They can also do business using the broker’s dedicated smartphone trading app.
FOREX.com offers extremely swift trade execution
Slippage
Because market execution brokers seek the best price rather than a guaranteed one, a trader might not buy or sell an asset at the level they were expecting. This is known as slippage, and it can have a significant impact upon a trader’s profitability.
Slippage is caused by a time lag between when an investor places the order and the broker executes it. There are two types: positive slippage, where the trader gets a better bid or ask price than they were expecting, and negative slippage, where asset values are worse than hoped for.
Pro tip: Predictability is key, so choose a broker that minimizes the chances of slippage. In our experience, reputable companies often publish slippage statistics on their websites. But don’t take these numbers at face value: run your own trades at different times of the day to check that their claims stack up.
Top broker for slippage: FxPro offers rapid trade execution on all account types. Most orders are completed in less than 11 milliseconds (0.011 seconds), according to our investigations. And more than 84% of instructions are executed at the requested price or better.
Latency And Data Center Proximity
The price that a trader pays for a security or sells it for is also dependent upon latency.
This is the length of time it takes for an order to be pinged from my computer to the broker’s servers, and then onto the exchange. Lower latency often means I’m likely to get the price I was quoted when I placed my instruction.
The degree of latency can vary substantially depending on where the broker’s servers and the exchange is located relative to the trader.
In a study, ForexVPS.net set up two separate virtual private servers (VPS) in London and New York, and connected them to a broker in the UK capital. It reported average latency of below one millisecond for trades via the London VPS, and 75 milliseconds for ones placed through the New York server.
Top broker for latency and data center proximity: Naturally, the best company for latency will depend to a huge degree on where the trader’s location.
However, IC Markets is a good choice for individuals looking to deal on US and UK markets. Its trade servers are located in the Equinix NY4 and LD5 IBX data centers in New York and London respectively.
The broker describes these data centers as “the most reliable data centers on earth” and “home to 60+ exchanges and trading platforms, 400+ buy and sell side firms, 150+ financial service providers [and] 675+ network bandwidth options.”
Order Rejection Rate
The market execution model doesn’t always provide the smooth trading experience it’s designed for. Sometimes, an investor’s trading instruction will be rejected out of hand.
This is often due to technical factors, like connectivity problems between broker and the exchange, or issues with the brokerage’s trading platform. Liquidity issues and market volatility can also prevent orders from going through.
In certain jurisdictions, intermediary must inform investors of such events, although this of course doesn’t mitigate the impact of lost trading opportunities. As with execution speeds, reputable brokers will typically publish details of their order completion (or rejection) rates on their websites for traders to consider.
Top broker for order rejection rate: IG’s sophisticated trading systems mean that close to 100% (around 99%) of the orders it receives are filled.
IG has one of the lowest order rejection rates out there
Costs
Employing a market execution broker typically means a trader has the benefit of tighter bid and ask spreads. The drawback is that to compensate for this, the intermediaries will usually charge a fee whenever a transaction is placed.
It’s therefore important to consider the quantity of trades you expect to make, and to calculate the likely benefit of tighter spreads versus the impact of transaction charges.
Pro tip: It’s also important to consider other trading costs like fund deposit fees, inactivity charges, currency conversion costs, and account management fees.
Brokers will typically publish minimum spreads and average spreads based on market conditions on their websites. In some jurisdictions, they are also required to provide a list of certain charges, including transaction fees.
Top broker for costs: Vantage is one of the most cost-effective market execution brokers to use across a variety of metrics.
Transaction charges are amongst the lowest around, and trades involving US shares involve a $0 commission fee. Bid-offer spreads are also modest and begin at 0.0 pips. Finally, Vantage charges zero for account inactivity, and requires just a low minimum deposit of $50 for traders to get started.
FAQ
What Is Market Execution?
Market execution involves a broker either buying or selling a financial security at the current market price. It will seek to fill the order even if the bid and offer prices differ from the price shown on a trader’s screen.
Individuals will simply select the desired trade quantity and click ‘buy’ or ‘sell.’ The broker will then place the order without requiring trader confirmation.
What Types Of Brokerages Use The Market Execution Model?
Many intermediaries conduct trades through market execution, and especially Electronic Communications Network (ECN) and Straight Through Processing (STP) brokers.
These operators transmit orders to multiple liquidity providers, ensuring that prices match real-world market supply and demand.
What Are The Alternatives To Market Execution?
One common model is instant execution. This involves the broker executing the deal at the specific price a trader has requested, or issuing a requote for the trader to consider if said price is unavailable.
Another method is pending orders, where instructions are passed for traders to buy or sell an asset at a future price.
What Are The Advantages Of Using Brokers With Market Execution?
- No Delays: The trade will go through irrespective of whether the investor’s desired market price is available.
- Narrow Spreads: Prices are not fixed, meaning brokers can offer better bid-offer spreads to bolster traders’ profitability.
- Better-Than-Expected prices: Thanks to slippage – where markets move during the time it takes for an order to be processed – the price a trader buys or sells a security for can be better than the one they were quoted when placing the trade.
- Transparency: A market execution broker simply passes trade instructions through without interference, meaning an investor enjoys the true spread from liquidity providers.
What Are The Disadvantages Of Using Brokers With Market Execution?
- Trading Commissions: Market execution brokers typically charge whenever a trade is place, offsetting the impact of tighter spreads on their profits.
- Worse-Than-Expected Prices: Slippage is a double-edged sword, meaning a trader may receive a less-favorable price than the one they were quoted rather than a better one.
- Risk Management Restrictions: Brokers typically prevent traders placing stop loss and take profit instructions when opening a position.
Article Sources
The Hidden Cost of Latency in Trading — A Case Study – ForexVPS.net