Integral FX ECN review highlights one of the most established multi-asset electronic communication networks (ECNs) in institutional forex. Operating under the brand Integral, this platform serves as a technology and liquidity infrastructure provider for banks, brokers, and asset managers. Unlike traditional retail brokers, Integral FX ECN operates a pure ECN model with deep liquidity and institutional-grade execution.

Regulation and Safety

Integral is registered as Integral Development Corp., headquartered in Palo Alto, California, with global offices in London, Tokyo, and Singapore. The company operates under regulatory oversight in several jurisdictions through its partners, but it is not directly regulated as a retail broker. It partners with regulated entities to offer liquidity and execution infrastructure in compliance with applicable financial regulations.

Execution Model and Trading Platforms

Integral operates a true ECN model, offering anonymous access to liquidity from over 30 tier-1 institutions including banks, non-bank liquidity providers, and hedge funds. The platform supports low-latency execution via FIX API, GUI trading, and hosted white-label platforms. Its proprietary trading environment, Integral OCX, delivers sub-millisecond matching engine performance and colocation options for latency-sensitive traders.

Markets and Instruments

As an institutional ECN, Integral offers a wide array of instruments through its liquidity partners, including:

• Forex (major, minor, exotic pairs)
• Precious metals
• NDFs (non-deliverable forwards)
• Money markets and swaps
• CFDs and crypto via liquidity partners (availability varies)

Accounts, Spreads and Leverage

Integral does not offer retail accounts. Institutional clients are onboarded with custom arrangements based on volume, technology needs, and counterparty structure. Spreads are razor-thin, often near-zero due to the competitive ECN liquidity pool. Leverage is set by partner brokers or liquidity providers rather than Integral itself. No minimum deposit applies, but counterparties typically meet capital thresholds above $500,000.

Funding and Base Currencies

Integral does not handle client funds directly. All custody, funding, and settlements are managed through partnered brokers, custodians, and prime brokers. Available base currencies vary by liquidity partner but typically include USD, EUR, GBP, JPY, and CHF. Settlement cycles follow T+2 conventions, and trades are executed through real-time clearing networks or prime-of-prime arrangements.

Client Protections and Features

As a technology provider rather than a broker, Integral does not offer direct investor protections. However, clients working through regulated counterparties benefit from those protections, such as fund segregation, institutional custodianship, and regulatory capital requirements. The platform includes multi-layer security, real-time monitoring, and institutional-grade disaster recovery systems.

Institutional and Retail Offering

Integral is designed solely for institutional clients—banks, hedge funds, asset managers, brokers, and high-frequency trading firms. It offers FIX API, white-label solutions, matching engine hosting, analytics tools, and market data services. No retail trading is offered, and there is no MT4/MT5 access. Retail users can only access Integral’s liquidity via brokers that are connected to its ECN network.

Pros and Cons

Pros

• True ECN with deep institutional liquidity
• Ultra-low latency and co-location services
• FIX API and advanced white-label solutions
• Used by global banks and prime brokers
• Highly customisable execution environment

Cons

• Not available to retail traders
• No regulatory license as a broker
• Requires high capital commitment

Frequently Asked Questions

Is Integral FX ECN regulated?

Integral itself is not a regulated broker but partners with regulated financial institutions to deliver its ECN infrastructure.

Can retail traders use Integral FX ECN?

No, Integral is strictly for institutional clients. Retail traders may access its liquidity via partner brokers.

What platforms does Integral offer?

Integral provides its own proprietary trading systems and FIX API for institutional execution. MT4/MT5 are not supported.

What is Integral OCX?

OCX is Integral’s proprietary ECN matching engine that aggregates liquidity from over 30 institutions for ultra-fast execution.

Does Integral offer crypto trading?

Yes, crypto is available via selected liquidity providers, but access depends on the institutional client and jurisdiction.