Jul 1, 2021

3 Best ECN Forex Brokers With Lowest Spreads and Commissions


Here you will find the best ECN STP Forex Brokers


Only the genuine ECN forex brokers are listed here so you can focus on trading without worrying about your broker being a true ECN or not.


Note: These brokers do not accept U. S.  and Canadian clients. For a list of the best US Forex Brokers, you may refer to Investopedia's list of Best Forex Brokers





Global Prime FX is an Australian based broker located in Sydney and is monitored by the Australian Securities and Investments Commission (ASIC). This broker boasts of it's transparency, top tier customer support, and Prime Broker relationship. They may not be the largest ecn forex broker but they are the most transparent and most trusted broker in Australia based on trader reviews from forex community websites.

* Not the usual broker

Unlike many other retail brokers, Global Prime does not offer deposit bonuses and extremely high leverages. Deposit bonuses has strings attached to it while very high leverage, on a historical basis, leads to blowing accounts much faster instead of making gains faster.

* Provides trade receipts

Global Prime is one of the rare forex brokers who provides trade receipts to its clients. This receipt shows which liquidity provider filled the clients' orders so they would know who took the opposite side of their trade. This transparency of Global Prime is what makes them one of the best forex brokers.

Global Prime ECN Forex Broker Lowest Spread

Average Floating Spread EUR/USD: 0.1 pip 

Commission Charge Per Lot Round Turn: $5.50

Regulation: ASIC

Max Leverage: 200:1

Min Deposit: $200 AUD or equivalent in other currencies 



2. IC Markets 
https://www.icmarkets.com/

IC Markets is a Forex CFD Broker based in Australia and is one of the best ecn forex brokers out there. This company was founded in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC). Their Headquarters is located at Level 4, 50 Carrington Street, Sydney NSW, 2000 Australia. 

IC Markets' daily trading volume reaches around $28 billion and an average monthly volume of $560 billion which makes them the largest Forex CFD Broker in Australia and one of the largest in the world, and they also have more than 100,000 active clients worldwide. Lastly, IC Markets do not offer deposit bonuses, a sign of a true ECN broker.

IC Markets True ECN Broker Lowest Spread

Average Floating Spread EUR/USD: 0.1 pip 

Commission Charge Per Lot Round Turn: $5.50

Regulation: ASIC

Max Leverage: 500:1 

Min Deposit: $200 





Dukascopy is an ECN Forex Broker based in Switzerland and was founded on 2004. They are regulated by the great Swiss Financial Market Supervisory Authority with their head office located at ICC, Route de Pre Bois 20, CH-1215 Geneva 15, Switzerland.

Dukascopy has its own trading platform which is the JForex 3, this trading tool is as good if not better than Metatrader 4. This tool can run on multiple operating systems (Windows,Linux, Mac, Android, etc.) and best of all, JForex allows its traders to see the full market depth which can help them make their trading decisions.

Dukascopy Best ECN STP Forex Broker

Average Floating Spread EUR/USD: 0.1 pip 

Commission Charge Per Lot Round Turn: $5.25

Regulation: FINMA

Max Leverage: 500:1

Min Deposit: 100 EUR or equivalent in other currencies





4. FxPro 

FxPro is a UK based Forex CFD Broker located in 13/14 Basinghall Street, London and regulated by the Financial Conduct Authority (FCA). This company was founded in 2006 and is one of the oldest forex brokers. FxPro received the "Best Forex Broker of 2017" award by the Global Brands Magazine, CFI, and the Shares Awards.

FxPro Forex Broker

FxPro does not charge commission but instead they add it to the spread. The cost is about the same when compared with other brokers.

Average Floating Spread EUR/USD: 1.1 pip 

Commission Charge Per Lot Round Turn: $0

Regulation: FCA

Max Leverage: 500:1

Min Deposit: $500




5. ForexTime 

ForexTime is a Cyprus based ECN forex broker founded in 2011. They are licensed and regulated by several regulatory authorities which are the Cyprus Securities and Exchange Commission (CySec), Financial Conduct Authority of UK (FCA), and the International Financial Services Commission of Belize. ForexTime has been awarded the "Best Forex Broker in Asia for 2017 by World Finance and the "Most Innovative Broker for 2018 by FX Empire.

FXTM ECN Forex Broker

Average Floating Spread EUR/USD: 0.3 pip 

Commission Charge Per Lot Round Turn: $5.30

Regulation: FCA, CySec, IFSC 

Max Leverage: 500:1

Min Deposit: $100



6. FXopen 
https://fxopen.com/

FXopen is being monitored by two regulatory bodies which are the Australian Securities and Investments Commission (ASIC) and Financial Conduct Authority (FCA). FXopen offered brokerage services in 2005 and is now one of the leading forex brokers. They also disclose their liquidity providers on their homepage which proves that they are also a true ECN broker.


FXopen ECN Broker

Average Floating Spread EUR/USD: 0.3 pip 

Commission Charge Per Lot: $5.90

Regulation: ASIC & FCA

Max Leverage: 500:1

Min Deposit: $100





Your broker must have these attributes:

- Regulated by financial regulatory authorities
- Offers True ECN accounts
- Offers raw spreads from Interbank Foreign Exchange Market
- No minimum Stop Loss and Take Profit levels
- Provides quick withdrawals, not only deposits
- Provides quick response from customer support representatives




Why trade with an ECN Broker?

Trading with an ECN Forex Broker is much better compared to Market Maker Brokers because there is a clear conflict of interest when trading with a MM broker, your profit is their loss, and your loss is their profit. Whereas when you trade with an ECN broker, your orders are sent to their big liquidity providers like Citi, JP Morgan, Deutsche Bank, Goldman Sachs, Bank of America, HSBC and etc., which results to much tighter spreads due to the strong competition. ECN brokers simply charge a commission for each trade conducted by the clients and they don't take the opposite side of the trades. Therefore, ECN brokers doesn't have market exposure and thus, they don't have to worry if their clients make profitable trades since it's not them that fills the clients' orders.


Characteristics of a true ECN Broker:

- No requotes

- Allows all kinds of trading strategies like hedging, news trading, scalping and arbitrage trading

- Does not offer generous bonuses like 100% or 50% deposit bonus because these bonuses has strings attached to it, and one of them is that you can't withdraw the bonus funds unless you trade a ridiculous amount of lots, and besides, you don't need any kind of deposit bonus if you are a profitable trader

- Does not trade against you by hedging your trades/taking the other side of your trades, but instead sends your orders to their liquidity providers or matches it with other clients' orders

- Charges commission for each order instead of spread markups

- Offers 5 decimal pricing for USD quoted pairs and 3 decimals for JPY quoted pairs

- Does not have a minimum Stop Loss and Take Profit level

- Offers variable spreads, not fixed spreads or fixed zero spreads (brokers who offer fixed spreads and zero spreads are market maker brokers)          





Advantages of trading with an ECN Broker

- No conflict of interest as ECN Brokers doesn't take the opposite side of your trades but instead sends it to their liquidity providers or matches it with other clients.
- Tighter spreads due to strong competition from several liquidity providers.
- Prices are much more volatile which is good for scalpers.



Did you know? 

An ECN Broker is also an STP (Straight Through Processing) and NDD (No Dealing Desk) broker because your orders are executed automatically/electronically without the intervention of a middleman. Therefore, an ECN Broker is an STP, and NDD broker at the same time. 


Who are the participants in the Electronic Communications Network?

There are several participants in the ECN market. They are the central banks, commercial banks, hedgers, and we, the retail forex traders.


Central Banks - These government banks enter the forex market to stabilize their currencies whenever needed. They buy currencies from other countries using their local currency to weaken their own currency when it's too strong/overvalued to keep their export products cheap (e.g. Japan, Korea and Germany), or they buyback their local currency from other countries when its too weak in order to control inflation in their country.


Commercial Banks - These banks are the wholesalers in the forex market. They buy and sell hundreds of millions worth of currencies from each other and this is called the "Interbank Market". 
They also deal with large financial institutions like hedge funds, pension funds and insurance funds.


Hedgers - These are companies that buy and sell currencies at the same time (hedging) to protect themselves from price fluctuations. For example if a U.S. company wants to import steel from Canada, it has to pay Canadian dollars. If the U.S. dollar weakens against the Canadian dollar before the payment is made, the U.S. company importing the steel will end up paying more than the initial agreement. That's why companies that buy products from other countries have to hedge in order to lock the currency exchange rate.


Retail Forex Traders - These are the small time currency investors that speculate on the market. They bet whether the price of a particular currency will go up or down against another currency. They are usually employees looking to increase their savings slowly.


The advantages of online forex trading.

Lots and lots of people are getting interested in forex trading because of the good profits it can generate. It also requires smaller capital compared to stock trading, offers much higher leverage, and is tradable 24 hours, 5 days a week.

If you are a regular employee and you're looking for a side income, then forex trading can be one of your options. Aiming for a realistic target gain of 2%-3% per month should be enough and is also achievable.

But there are a lot of warnings that forex trading is too risky because of the high leverage, that's why every broker keeps telling you to only invest what you can afford to lose. 
So if you're just starting out, it's best to start with a small capital and trade using the smallest lot size. This way you won't lose a lot and will be able to stay longer in the market.


How to become a profitable forex trader?

Truth be told, you'll need to practice a lot in order to become a profitable trader, and besides, about 77% of retail traders lose their investments that means you'll definitely lose money at first to gain experience. But there are things that you can do that will surely help you become a successful trader.

First, download an economic calendar app if you haven't yet. This will help you get updated with what's happening in the financial world and will guide you in making your trading decisions.

Second, choose long term trading instead of scalping or day trading. This way you won't have to check on your trades too often, will save you a lot of time, and is less stressful compared to scalping and day trading. Long term trading is having trades that lasts for a few days to several weeks depending on how good your entry price was.

Lastly, connect with fellow traders in your country by searching for private Facebook groups or other online groups that focuses on forex trading. This will help a lot because you'll be exchanging trading ideas with the other members of the group. This is much better than sharing ideas with strangers in the forums, just make sure that you join a group that has strict rules, meaning that they kick out marketers and spammers in the group.


Do's and Don'ts in Trading

Do's:

1. Download an economic calendar like MyFxbook app to get updated with the current events in the financial world.

2. Buy low and sell high on longer time frames like the weekly and monthly chart. Identify the supply and demand zones.

3. Always remember that the market will try to hit your Stop Loss. It preys on greedy retail investors, so just open a small lot so you can place a wider Stop Loss.

Dont's:

1. Don't overtrade.

2. Don't trade forex to support your living expenses, treat it as an investment.

3. Don't risk what you can't afford to lose.




*Risk Warning: 

Before you start trading, you should completely understand the risks involved with the currency market and trading leveraged products, and you should be aware of your level of experience. 

*This article is not directed to jurisdictions where retail forex trading is restricted. 


Jun 12, 2020

Top 5 Highest Paying PopUnder Networks - Best CPM Rates


Last Updated on: June 12, 2020 


Below is the list of the top 5 highest paying best pop under ad networks, ranked according to their popularity.


Note: Your CPM rate will greatly depend on your traffic source, if your visitors come from tier 1 countries (wealthy countries), then you'll get the best rates available.





1Adsterra
Adsterra is a premium popunder network with over 10 billion ad impressions per month. This ad network has one of the highest CPM rates with 100% fill rate. Their ads are not only malware free but also filtered at the same time, showing only the good quality ads to avoid hurting the user experience. 

Adsterra was founded in 2013 and kept on growing since then. Now they are one of the prominent popunder ad networks and it's because of the excellent quality of service they provided to their publishers and advertisers.

Payout Methods - PayPal, Payza, Paxum, Webmoney, Wire Transfer, ePayments, Bitcoin

Minimum - $100 for PayPal, Payza, Paxum, Webmoney, ePayments and Bitcoin, $1000 for Wire Transfer

Payment Schedule - Net 15 days

Note: You don't need to request for withdrawal of your earnings as they are done automatically. Once your balance reaches the minimum threshold, it will be automatically sent to your preferred payment method on a Net-15 basis.


2PopAds
PopAds is a high paying popunder network and is one of the oldest which was established in 2010. PopAds' CPM rate does not go below $4 for US traffic and they also allow you to determine your own rate, so if your site receives a lot of traffic, then you can set your minimum rate.

Payout Methods - PayPal, AlertPay, Wire Transfer

Minimum - $5 for PayPal and AlertPay, $500 for Wire Transfer

Payment Schedule - Daily


3. PopCash
https://popcash.net/

popcash highest paying popunder network.

PopCash is one of the highest paying popunder network with a CPM of up to $8 for traffic coming from tier 1 countries and a guaranteed 0.001 pay for each visitor for low quality traffic. PopCash was established in 2012 and kept on expanding since then. They accept almost all kinds of websites and blogs and their approval process is really quick so you'll be able to implement their ads just minutes after signing up.

Payout Methods - PayPal, Paxum, Payza

Minimum - $10


Payout Schedule - Daily



4. Propeller Ads Media
Propeller Ads is also a high paying popunder network with a CPM rate of up to $7 for quality traffic. Propeller Ads started in 2011 and is currently one of the fastest growing ad networks. The only con about Propeller Ads is that they don't offer PayPal as a payout method which is the most preferred way of publishers in withdrawing their earnings. But in terms of reliability, you can definitely rely on Propeller Ads on monetizing your traffic.

Edit: Propeller Ads already added PayPal as payment option with minimum cash out of $100. Good news for publishers who were requesting to add PayPal.

Payout Methods - PayPal, Payoneer, Wire Transfer

Minimum -  $100 for PayPal and Payoneer, $500 for Wire Transfer

Payment Schedule - Net 30 Days


5. PopMyAds
PopMyAds is another high paying popunder network which was established in 2014. They also accept almost all kinds of sites just like PopCash and the application approval is instant as well.

Payout Methods - PayPal, Payza, Wire Transfer

Minimum - $5

Payout Schedule - Within 7 Days after request


6. RevenueHits

RevenueHits is a performance advertising network which also offers popunder ads. The only con about RevenueHits is that they don't use SSL (https://) on their site which is important for securing the login information of the publishers. But in terms of CPM rate, theirs is also high and they also have banner ads which you can implement on your site to increase your revenue. They also accept almost all kinds of sites and the application approval is fast as well.

Edit: RevenueHits already upgraded their website security by impementing SSL on their site. That's good news.

Payout Methods - PayPal, Payoneer, Wire Transfer

Minimum - $20

Payout Schedule - Weekly, Net 30 Days



What do you mean by quality traffic?

- Quality traffic means that the visitors to your site comes from wealthy/developed countries and are 21 years old and above. These type of visitors usually have jobs already or have pensions and has credit cards, and they can afford to purchase the products or services that the advertisers offer. Therefore, they are the kind of people that the advertisers are looking for.

What is CPM rate?

- CPM rate is the average amount you'll receive for every 1,000 visitors. If the CPM rate is $5, then you'll earn an average of $5 for every 1,000 unique visitors.


Tips: 

1. It is best to place only 1 - 2 popunders on your site that displays only once every 24 hours per visitor so that you won't hurt the user experience. Visitors get annoyed when they already clicked something on a site a couple times but only popunders keep on opening in a new tab instead of being redirected to their desired page. So don't put too much popunders on your site so that your visitors would keep coming back instead of avoiding your site because of too much popunder ads

2. To see for yourself on which popunder network really pays the highest, try each of them for one week then record your earnings. Your list will likely be the same as here.


Conclusion

Their is only a small difference on CPM rates between popunder networks. Whichever ad network you're working with, as long as you can deliver quality traffic, you'll always get the best rates automatically once their system detects that your website is bringing in quality traffic. Ad networks give a little bit more importance to their top earning publishers by responding quickly to their queries and processing their thousands worth of withdrawals as soon as possible so that these high quality publishers won't leave their network. Because the more income their publishers generate, the more income they generate as well.

This does not mean that they do not give importance to the low earning publishers. They know that each publisher has the potential to increase their traffic significantly thus increasing their earnings as well, it's just that they give a little bit more priority to the already high earning publishers.


Which pop-under network do you think is the best? Share your thoughts on the comments.

Top 3 Most Popular ECN Forex Brokers 

Best Forex Brokers


tags: best popunder network, best pop up ads network, highest paying pop up ads, top mobile pop under network, pop up ad network for tech support, best paying popunder network 2017

Best PPD Pay Per Download Sites/Networks With Earning Tricks


PPD (Pay Per Download) Network is a platform that allows you to make money with your files by locking it with an advertisement or survey before someone could download it. Every time someone tries to access your file, they will have to answer a survey first or fill up a form before they can download it, then you earn money for every person who completes the survey or fills up the required information needed. The technique to get more downloads to your file is by sharing its link to social media, forums, youtube videos and other places where your file is related that people might want to download it.





Here are the best PPD Sites, ranked according to their popularity.



1. DailyUploads
https://dailyuploads.net/

DailyUploads Best PPD Site

DailyUploads is currently the best PPD site and their rate is one of the highest. DailyUploads is a pay per 1,000 downloads, not pay per each download, therefore users who download your files doesn't have to fill up surveys or anything to unlock the files. So for those who are looking for a PPD site without survey, DailyUploads is your best option.

DailyUploads pay up to $16 per 1,000 downloads for traffic coming from wealthy countries.

Rules:
- Earnings are added only for complete downloads of any file
- Files must be at least 1MB in size to earn from downloads
- Never try any kind of cheating or your hard work will be wasted

Payout Methods - PayPal, Skrill, WebMoney, Payza

Minimum - $25

Payout Schedule - 7 days after cash out request


2. AdWorkMedia 
https://www.adworkmedia.com/

AdWork Media best ppd network

AdWorkMedia is a Content Locking and Pay Per Download Network that you can use to monetize your download links by locking them with an advertisement, their content locker is flexible and can be used to monetize both desktop and mobile traffic. The content locker automatically detects mobile devices, it adapts according to the screen size  and displays the best converting offers based on the user's location (Geo-targeting). They pay from $.20 - $20 per download depending on the user's country, so getting downloads from Tier 1 countries (wealthy countries) will earn you more. You can also monetize your webpages if it contains premium content by using their content locker. Just copy the JavaScript code and paste it to your to your HTML code.

Make sure that you only lock the content that is very valuable to your users and you must also own the copyrights to it.

Payout Methods - PayPal, Payza, Payoneer, Check, Wire Transfer, Western Union Quick Cash, ACH

Minimum - $35

Payout Schedule - Weekly, Net 15 days, Net 30 days



3. Adscend Media
https://adscendmedia.com/


adscendmedia top ppd site

AdscendMedia is another popular Content Locking Network that started in 2009 and offers monetization tools to help affiliates make money with their online content. AdscendMedia is one of the largest incentive-based performance marketing platforms on the web and they have a dedicated account management team that is their to help their members maximize their revenue by sharing monetization tips and techniques. Members can also monetize certain pages of their website if it contains valuable content by using their content locker.

Payout Methods - Check, Wire, ACH, PayPal

Minimum - $50

Payout Schedule -  Net 7 days, Net 15 days



4. ShareCash.org 
http://sharecash.org/

sharecash ppd network

Sharecash is the oldest and one of the best ppd networks which started in 2009. They offer pre-uploaded files for members to promote so if you don't have a file to promote yet and you can't think of what kind of file you're going to promote, then just go to their exclusive content which can be found on your account dashboard and choose which one you like. They have premium eBooks, game guides, and software and you are free to distribute these files without violating copyright laws.

Sharecash pays around $1 to $20 for every file download but you will usually earn an average of $1 per download. You can get more if your traffic comes from Tier 1 countries because people their have a higher standard of living than in developing countries. So if you get 1,000 downloads to your file, that means you'll earn around $1,000 as well.

Payout Methods - Payza, Payoneer, Wire Transfer, Check, ACH

Minimum - $20 for Payoneer, $25 for Payza, $50 for ACH, $100 for Wire Transfer and Check


Payout Schedule - once a month for Standard members, twice a month for Gold members, once a week for Elite members



5. CPAGrip
https://www.cpagrip.com/

 CPAGrip network

CPAGrip is both a PPD and CPA Network that started in 2011. They also have content lockers and url/link lockers that publishers can use to monetize their downloads. CPAGrip's improved analytics sofware keeps members up to date with the most relevant lead related information. They have high EPC (earnings per click) offers and have a dedicated support team which is available 7 days a week.

Payout Methods - Check, PayPal, Wire, ACH

Minimum - $50

Payout Schedule - Net 15 Days, Net 30 Days



6. FileIce
http://fileice.net/

fileice pay per download site

FileIce is a private PPD network currently in beta testing and the number of people they approve is "strictly limited" according to them, so I can say that they aren't newbie friendly and they only approve applicants that they think is already experienced in this niche. In order to increase your chances of getting approved on Fileice, it is necessary that you should have made money already on other PPD sites and you have to be clear on how you're going to promote and drive traffic to your files when you write it during your application.

FileIce offers an average of $1 per download just like sharecash and their average EPC (Earnings Per Click) is
$0.20 from US traffic with conversion rates over 25%.

If we're going to compare FileIce with ShareCash, both of them are high quality platforms but ShareCash have 2 advantages over them. The first one is that Sharecash is newbie friendly, they accept applicants that doesn't have much knowledge about making money with this niche yet and they let them learn and grow inside their platform while FileIce don't, they are strict when it comes to accepting new members. The second advantage of ShareCash over FileIce is that they offer pre-uploaded exclusive files for members to promote which is helpful especially if they don't have their own files to promote yet. Again, both FileIce and ShareCash are high quality and both of them pay around $1 per download, it's just that ShareCash isn't strict when accepting applications from newbies.

Payout Methods - PayPal, ACH Direct Deposit, Wire Transfer, Check

Payout Schedule - Net 7 Days, Net 15 Days



7. Purebits
http://purebits.net/

purebits pay per download network

Purebits is a Pay Per Download (PPD), Pay Per Install (PPI), and Cost Per Acquisition (CPA) network that started in 2013. They have several monetization tools from File Locker, Link Locker, Content Gateway, Sofware Locker, Video Locker, and Content/Webpage Locker that members can use to monetize their apps, games, eBooks, music, files containing passwords and other digital contents that would be valuable to people. They also have an active support team that responds in 24 hours. Purebits have a lot of monetization tools just like AdWorkmedia, but the downside is they aren't newbie friendly unlike AdworkMedia.

Payout Methods - PayPal, Wire Transfer

Minimum - $50

Payout Schedule - Weekly, Net 7 Days, Monthly



8. Cleanfiles
http://cleanfiles.net/

cleanfiles pay per download network

Cleanfiles is another high quality PPD Network that started in 2012. They also pay an average of $1 per download but they are choosy when it comes to accepting new members, so if you want to get accepted to their network, you need to convince them that you're already making money with other ppd sites and has already a lot of experience with this money making method. Cleanfiles also have content/webpage lockers that members can use to monetize certain pages of their website that contains premium content. Their minimum cash out is $50 and new account must be at least 3 weeks old to be able to cashout, after that they'll start sending payments weekly.

Payout Methods - Payza, Payoneer, Wire Transfer, Check, ACH Direct Deposit

Minimum - $50

Payout Schedule - Weekly


Here are other growing PPD sites:


Popular files to promote:

1. Free eBooks ie. Best Way To Lose Weight Naturally, How To Get Six Pack Abs In A Short Time
2. Game Guides
3. Alternative Software
4. Viral Videos
5. Controversial videos of Celebrities (can be found on Google and YouTube) 


If you know any popular PPD network that I missed, just tell me.