ECN brokers are financial intermediaries that connect traders directly to the market, allowing them to buy and sell assets like currencies and stocks without a middleman. They use an Electronic Communication Network to match buy and sell orders, providing a transparent trading environment. This setup often results in tighter spreads and faster execution times. Unlike traditional brokers, ECN brokers typically charge a commission on trades rather than marking up the spread. This model benefits active traders who prefer lower costs and greater control over their trades. Overall, ECN brokers cater to those seeking a more direct and efficient trading experience.