BrokerAnalysis

Best Raw Spread Forex Brokers in Ecuador

Last updated October 9, 2026

The top regulated brokers offering Raw Spread accounts to Ecuador traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated by Superintendencia de Compañías, Valores y Seguros (SCVS)Local deposits: Bank Transfer, Credit CardAccounts in USD (US Dollar - Ecuador uses USD)
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Ecuador

#1
Exness
Exness
Review
#2
AvaTrade
AvaTrade
Review
#3
XM
XM
Review
Full Comparison
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Last reviewed:
•
By:BrokerAnalysis Research Desk
•
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Oct 2026

Our 2 top picks for Raw Spread in Ecuador

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for Raw Spread in Ecuador
Exness

Exness

Offers Raw Spread
Min. deposit $10
  • Offers Raw Spread
  • Regulated: FSA, CySEC, FCA
  • Minimum deposit $10
FSA, CySEC, FCA
#2 · Best alternative
AvaTrade

AvaTrade

Offers Raw Spread
Min. deposit $100
  • Offers Raw Spread
  • Regulated: CBI, ASIC, FSCA
  • Minimum deposit $100
CBI, ASIC, FSCA

Why these two

Both brokers here are confirmed to offer Raw Spread for Ecuador traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Ecuador.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What do Raw Spread brokers actually cost Ecuador traders?

Across the 12 Raw Spread brokers available to Ecuador traders on this page, the median researched EUR/USD spread is 0.7 pips, ranging from 0.0 to 1.3 pips, with 12 of those figures taken from the broker's own published specification.

Raw Spread brokers for Ecuador traders

Raw spread accounts give Ecuador traders direct access to interbank pricing — spreads starting from 0.0 pips on major pairs, with a transparent per-lot commission instead of markup. Our current ranking starts with Exness where it is available, followed by AvaTrade, XM, and Axi. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 12 brokers for Ecuador traders. The median minimum deposit across the listed brokers is $10 — low — most traders can start with a modest balance. Local oversight for Ecuador traders sits with SCVS, CySEC, FCA. Retail forex and CFD access in Ecuador is shaped by local oversight and international broker rules. Verify onboarding eligibility before funding. Oversight relevant to traders in Ecuador sits with SCVS, CySEC, FCA.

Country Offers

Available offers for Ecuador traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

Exness

FCA (UK)
Cashback / Rebate

Up to 90% Daily Spread Rebates

Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.

Verified Oct 8, 2026

Axi

ASIC (Australia)
VIP / Volume

Axi Select Funded Path to $1M

Trade with Axi funds up to $1M through Axi Select. No registration or monthly fees.

Verified Sep 15, 2026

FXTM

FCA (UK)
Welcome Bonus

$500 Welcome Bonus Reward Points

Use code HELLOFXTM on first deposits to unlock up to $500 in reward points after trading targets.

Verified Oct 8, 2026

Ecuador Trading Guide

Regulated by
Superintendencia de Compañías, Valores y Seguros (SCVS)
Legal status
Limited regulation - Dollarised economy; international brokers commonly used
Accounts in
USD (US Dollar - Ecuador uses USD)
Available in Ecuador
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Key Features for Ecuadorian Traders

12 brokers · how we rank

Compare essential features of forex brokers accepting Ecuadorian clients with EUR accounts.

BrokerWithdrawalFX commissionTime to open accountUSDJPY spreadRegulation & fundingAction
0.6$10InstantNoneInstant0.7
No tier-1 licence listed
0.9$1001-2 business daysNoneSame day0.9
No tier-1 licence listed
0.6$524 hoursNoneMinutes0.7
No tier-1 licence listed
1.0$01-2 business daysNoneSame day1.1
No tier-1 licence listed
0.0$50—$3.00/lotMinutes0.1
No tier-1 licence listed
0.1$01 business day$3.00/lotSame day0.1
No tier-1 licence listed
0.0$10Instant for most electronic methods$20/milMinutes0.1
No tier-1 licence listed
1.3$1024 hoursVariableMinutes1.4
No tier-1 licence listed
1.2$524 hoursNoneMinutes1.1
No tier-1 licence listed
1.4$1001-2 business daysNone1 day1.5
No tier-1 licence listed
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)$201-3 business days$3.50/side (Prime) | $1/side (ECN)——
No tier-1 licence listed
0.0 pips (Raw)$100Same day to 1 business day$3/lot (Raw)——
No tier-1 licence listed
Rank 01 · best overall
Exness
Spread
0.6
Min dep.
$10
Withdrawal
Instant
FX commission
None
Time to open account
Instant
USDJPY spread
0.7
Visit Exness Read review
Rank 02
AvaTrade
Spread
0.9
Min dep.
$100
Withdrawal
1-2 business days
FX commission
None
Time to open account
Same day
USDJPY spread
0.9
Visit AvaTrade Read review
Rank 03
XM
Spread
0.6
Min dep.
$5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
0.7
Visit XM Read review
Rank 04
Axi
Spread
1.0
Min dep.
$0
Withdrawal
1-2 business days
FX commission
None
Time to open account
Same day
USDJPY spread
1.1
Visit Axi Read review
Rank 07
RoboForex
Spread
0.0
Min dep.
$10
Withdrawal
Instant for most electronic methods
FX commission
$20/mil
Time to open account
Minutes
USDJPY spread
0.1
Visit RoboForex Read review
Rank 08
FXTM
Spread
1.3
Min dep.
$10
Withdrawal
24 hours
FX commission
Variable
Time to open account
Minutes
USDJPY spread
1.4
Visit FXTM Read review
Rank 09
HFM
Spread
1.2
Min dep.
$5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
1.1
Visit HFM Read review
Rank 10
HYCM
Spread
1.4
Min dep.
$100
Withdrawal
1-2 business days
FX commission
None
Time to open account
1 day
USDJPY spread
1.5
Visit HYCM Read review
Rank 11
PU Prime
Spread
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)
Min dep.
$20
Withdrawal
1-3 business days
FX commission
$3.50/side (Prime) | $1/side (ECN)
Time to open account
—
USDJPY spread
—
Visit PU Prime Read review
Rank 12
FP Markets
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
FX commission
$3/lot (Raw)
Time to open account
—
USDJPY spread
—
Visit FP Markets Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

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In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Exness logo
Our Rating
4.5/5.0
Best ForInstant withdrawals and unlimited leverage.
Min Deposit$10

Exness Review Summary

Exness is a powerhouse known for its instant automatic withdrawals and unique features like unlimited leverage, making it a favorite for active traders.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra Low — compare account types before opening
AvaTrade logo
Our Rating
4.5/5.0
Best ForTrade with confidence on a highly regulated platform.
Min Deposit$100

AvaTrade Review Summary

AvaTrade provides peace of mind with regulations across 6 jurisdictions and offers fixed spreads that simplify trading costs.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Fixed — compare account types before opening
XM logo
Our Rating
4.5/5.0
Best ForTrusted global broker with excellent education.
Min Deposit$5

XM Review Summary

XM is a household name in forex, renowned for its low entry barrier ($5 deposit), extensive educational resources, and solid execution.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Average — compare account types before opening
Axi logo
Our Rating
4.5/5.0
Best ForThe broker for traders, by traders.
Min Deposit$0

Axi Review Summary

Axi focuses on delivering a seamless MetaTrader 4 experience with competitive pricing and a strong reputation for reliability.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
Vantage Markets logo
Our Rating
4.5/5.0
Best ForSuperfast execution with deep liquidity.
Min Deposit$50

Vantage Markets Review Summary

Vantage Markets offers a powerful trading environment with tight spreads and seamless integration with MetaTrader 4 and 5.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
BlackBull Markets logo
Our Rating
4.5/5.0
Best ForInstitutional-grade execution with zero pips.
Min Deposit$0

BlackBull Markets Review Summary

BlackBull Markets takes the #1 spot for 2026 with its exceptional ECN execution, no minimum deposit, and high leverage options. Perfect for both scalpers and long-term traders.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
RoboForex logo
Our Rating
4.5/5.0
Best ForBest for diverse account types and bonuses.
Min Deposit$10

RoboForex Review Summary

RoboForex stands out for its variety of account types, including Cent accounts for beginners and ECN accounts for pros, plus attractive bonus programs.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
FXTM logo
Our Rating
4.5/5.0
Best ForSuperior education and automated investment.
Min Deposit$10

FXTM Review Summary

FXTM is perfect for beginners and investors, offering top-tier educational resources and the popular FXTM Invest copy trading program.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Average — compare account types before opening
HFM logo
Our Rating
4.5/5.0
Best ForAward-winning multi-asset trading platform.
Min Deposit$5

HFM Review Summary

HFM offers diverse account types to suit every strategy, backed by a solid regulatory framework and excellent local support.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
HYCM logo
Our Rating
4.5/5.0
Best ForOver 40 years of group experience.
Min Deposit$100

HYCM Review Summary

HYCM brings decades of stability to the table, offering a secure trading environment with access to a wide range of global markets.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Average — compare account types before opening

Free community platform

Trade With a Plan, Not a Guess

Try 5 days of VIP gold signals free — one of six signal rooms — plus the AI assistant, the academy and the tools our members use. Every tracked signal is on the record, the losing ones too.

No deposit · No card · Free to join

Join @unshakabletraders on Telegram — 5 days of VIP signals free, no deposit

The Signal Rooms screen inside the platform showing six Telegram rooms: Accurate Signals VIP, Accurate RR, AccurateFX Swings, Accurate Signals ATM, Accurate sessions and Accurate Flash
Six rooms, each with its own style and schedule — this is the join screen members see.
1,513
Signals tracked
78%
Hit take-profit
+86,455
Pips, net
5.28
Profit factor
  • Six signal rooms5-day free trial

    VIP scalps, risk-to-reward setups, forex swings, high-frequency ATM calls, London/New York sessions and a 24/5 algo.

  • Accurate AIAI

    Ask for a market read on any timeframe. Informational — never a trade call.

  • Gamified Academy

    50 video lessons and 14 written courses, stage by stage from zero.

  • Scalper Pro indicator

    A chart indicator that marks levels, entry and stops right on the price.

July–August 2026, all Accurate signal groups combined, last platform audit 19 August 2026. Self-reported by Accurate Signals (shown in the member dashboard under Track Record) and not independently audited. Pips are not account profit. Past results do not guarantee future performance.

The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. Forex and CFD trading carries significant risk and can result in the loss of your capital. Never deposit money you cannot afford to lose. Past results do not guarantee future performance. This is general education, not financial advice.

All materials are prepared by the Introducer and VT bears no responsibility for the information and/or materials provided. All claims should be directed to the Introducer. All rights of VT and any affiliated entities trading under the "VT" trademark, brand or logo are reserved.

Frequently Asked Questions About Raw Spread Forex Brokers in Ecuador

Frequently Asked Questions

The best raw spread brokers for Ecuador traders offer average EUR/USD spreads under 0.2 pips, commissions under $7/lot, and verified interbank pricing. All brokers on this page were tested for actual spread performance, not just advertised minimums.
A raw spread account shows direct interbank prices (spreads from 0.0 pips) with a transparent per-lot commission instead of spread markup. Total cost = spread + commission, which is typically lower than standard accounts for active traders.
Commissions range from $3-7 per lot per side ($6-14 round-turn). The best raw spread brokers charge $3-3.50 per side. Compare total cost (spread + commission), not commission alone.
For active traders (10+ trades/day), raw accounts are almost always cheaper. For casual traders (a few trades per week), standard accounts may be simpler. Calculate your expected monthly volume and compare total costs.
Yes — raw spread accounts are ideal for scalping because the tight spreads reduce the cost of frequent trading. Most raw spread brokers explicitly allow scalping, hedging, and automated trading.
Minimum deposits for raw spread accounts range from $0 (IC Markets) to $200-500 at some brokers. Many brokers offer the same minimum for raw and standard accounts.
Forex trading in Ecuador: Retail forex and CFD access in Ecuador is shaped by local oversight and international broker rules. Verify onboarding eligibility before funding. The market is overseen by SCVS, CySEC, FCA. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.

Sources & References

  1. — Exness
  2. — XM
  3. — AvaTrade
  4. — HFM
  5. — FP Markets
  6. — FXTM

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.

Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.

How we measured this — Raw Spread brokers for Ecuador traders

Across the 12 Raw Spread brokers available to Ecuador traders on this page, the median researched EUR/USD spread is 0.7 pips, ranging from 0.0 to 1.3 pips, with 12 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.7 pips
Brokers measured
12
Linked to broker spec
12 of 12
Data as of
2026-10-09

Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.

Sources: get.exness.help · xm.com · avatrade.com · hfm.com · fpmarkets.com · fxtm.com · axi.com · blackbull.com · roboforex.com · hycm.com and 2 more published specifications

What changes locally

  • Oversight relevant to traders in Ecuador sits with SCVS, CySEC, FCA.