Forex brokers with low spreads are especially popular among scalping supporters, because this trading strategy means opening a lot of deals within one day, and under these conditions a commission may amount up to 100 pips. To cut their costs on forex operations the traders opt for dealing desks with low spreads. There are traders who consider this to be the main selection criterion. Due to low spreads financial losses decrease, which favorably compares with the basic principles of a trader: to make profit and to secure personal funds. Brokers which are listed here offer floating and fixed spreads of different values, but always either on minimal or medium levels. Of course, it is possible to make a big initial deposit, but brokers offering micro and mini accounts allow trading bit-by-bit anyway.
Lowest Spread Forex Brokers Reviewed
Low spread forex brokers are ideal for active traders, as fees can rack up quickly when placing multiple trades per day. Fortunately, there is an abundance of low spread brokers to choose from, each offering a slightly different fee structure and feature set.
What are Low Spread or Zero Spread Brokers?
The Lowest Spread brokers offer the lowest Forex Spreads or zero spreads. Trading costs declined over the recent years as forex brokers compete to win more clients. Many offer zero spreads as an extra enticement, but it is essential to know the terms and conditions before choosing a broker. Our guide covers everything you need to know, so read on.
What is considered a good spread?
Spreads are considered good when they are as close to zero as possible. Those usually have an average of below 1 pip. An example of a good spread would be 0.5 pips for a currency pair. It is also important to base your calculations on average price data over an extended period.
What is the lowest spread in Forex?
0 pips is the lowest spread (zero spread) in forex. 0 pips spreads are offered by ECN-STP brokers. To calculate which broker has lower spreads, it is essential to calculate all trading costs. While some brokers offer zero spreads, they still charge per-trade commissions, which could end up costing you more.
What is a zero-spread account?
Zero Spread Trading Account is a forex trading account that has no difference between the bid and ask price or the spread is close to zero. Spreads can widen depending on the trading conditions, account type, and whether or not the broker charges commissions.
How To Compare Low Spread Accounts?
To compare low-spread forex accounts, you need to take into account factors such as commissions per trade, spreads, trading platforms, regulation, security, and currency pairs offered.
Raw Spread Account vs. Standard Account
In Forex, a Standard Account refers to a standard lot size, which is 100,000 units of currency. A Raw Spreads account refers to the cost where the broker doesn't add a price markup but offers the price directly from liquidity providers.
How does a good spread make a difference?
The lower the spread, the cheaper it is to place a trade order. It means that the cost of trading is less. Incorporating spreads into your strategy is a key way to make higher profits.
On the other hand, make sure you check what other commissions your broker charges. Some charge higher commissions to make a profit.
| Regulated Broker | Rating | Demo | Leverage | Bonus | Platforms | Regulation | Min Deposit | Payments |
| OctaFX | 9 | yes | 1:500 | up to 50% | MetaTrader 4, Metatrader 5, cTrader | FCA UK | 50 | Neteller, Skrill, Fasapay, Visa, Mastercard, Malaysian, Vietnamese, Indian, Indonesian, Bangladeshi local banks, Bitcoin, Unionpay |
| BlackBull Markets | 9 | yes | 1:500 | Metatrader 4, Metatrader 5 | Financial Services Provider | 200 | Bank Transfer, Credit Card Payments (Visa, MasterCard), Skrill, Neteller, China Union Pay, FasaPay | |
| LiteFinance | 8 | yes | 1:500 | 30% + 15% | Metatrader 4, Metatrader 5, WebTerminal | CySEC, Marshal Islands Business Corporation Act. | 10 | Skrill, Webmoney, Bitcoin, Advcash, Credit Card |
| XM | 8 | yes | 1:888 | $30 no deposit | MetaTrader 4, Metatrader 5, XM Webtrader | CySEC, ASIC Australia, IFSC Belize | 5 | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer |
| AvaTrade | 7 | yes | 1:400 | 100% | AvaTrader, MetaTrader 4, MetaTrader Floating Spread, Mac Trading, Web Trading, Mobile Trading, Automatic Trading, AvaOptions | Central Bank of Ireland, ASIC, Financial Services Commission of British Virgin Island | 100 | Credit Cards, Debit Cards, Skrill, Wire Transfer, PayPal, Neteller, WebMoney |
| InstaForex | 7 | yes | 1:1,000 | $100 No Deposit Bonus | MetaTrader 4, Metatrader 5, Webtrader | RAFMM | 1 | Some local Bank transfers, PayCo, AstroPay, Cryptocurrency |
| FxPro | 5 | yes | 1:500 | up to $1,000 | FxPro cTrader, FxPro cTrader Web, MT4 Client Terminal, MT4 MultiTerminal, MT4 WebTrader, MT4 Premium | FCA, CySEC | 100 | Credit/Debit Card, Bank Wire, PayPal, Neteller, Skrill |
| FXCM | 5 | yes | 1:200 | - | Trading Station II, MetaTrader 4, Active Trader, Forex System Selector | UK Financial Conduct Authority, AFSL | 250 | Credit/Debit card, Online Check, Bank Wire, Paper Check |
| Plus500 | 5 | yes | 1:200 | 30% | Plus500 | Israel Securities Authority | 500 | Skrill, Credit Cards, Wire Transfer |
| Dukascopy | 4 | yes | 1:500 | - | Dukascopy | KPMG ARIF | 250 | Wire, Bank Guarantee, Standby letter of Credit Segregated Accounts |
| Forex.com | 4 | yes | 1:200 | - | ForexTrader platform (in-house), MetaTrader 4 | CFTC, NFA, FCA (UK), ASIC (Australia), ILLROC (Canada), SFC (Hong Kong), FFAJ (Japan) | 50 | wire transfer, Credit/Debit Card, Check |
| HYCM | 4 | yes | 1:400 | 25% up to $5,000 | Metatrader 4 | FCA UK, CySEC, SFC | 100 | credit cards, wire transfer, Skrill, webmoney |
| IronFX | 4 | yes | 1:500 | 40% | Metatrader 4 | ASIC, CySEC, DFSA, FCA UK, FSB, UCRFIN, CRFIN, Member of Eurex Exchange, Consob, BaFIN | 100 | credit cards, Fasapay, neteller, qiwi, skrill, webmoney, wire transfer |
| CMTrading | 4 | yes | 1:400 | 15% match | MetaTrader 4, Sirix | Financial Services Board (FSB) South Africa | 200 | credit/debit cards, Wire transfer, CashU ,Skrill |
| Blueberry Markets | 4 | yes | 1:500 | MetaTrader 4 | ASIC | 100 | credit cards, wire transfer, POLi, Skrill | |
| Trade Nation | 4 | yes | 1:30; 1:200 | in-house web-based platform, Metatrader 4 MT4 | FCA in the UK, the ASIC in Australia, the FSCA in South Africa and the SCB in the Bahamas | 1 | Credit Card, Srill | |
| FXDD | 3 | yes | 1:200 | - | MetaTrader4, FXDD Trader, Power Trader, FXDD Auto, MTXtreme | Malta Financial Services Authority (MFSA) | 100 | Wire, PayPal, Check, BPS |
| Oanda | 3 | yes | 1:50 | Metatrader 4, FXtrade | NFA | 1 | check, Credit cards, PayPal, Wire transfer | |
| iFOREX | 3 | yes | 1:400 | - | FXnet Trader | HFSA in Hungary, CySEC | 100 | credit cards, wire transfer |
| AdvancedMarkets | 3 | yes | 1:50 | - | Advanced Trader/Pro/Prime, Fortex FX | Australian AFSL, ASIC | 500 | Wire, Check |
| FP Markets | 3 | yes | 1:500 | 10% credit bonus | MetaTrader 4 (MT4), IRESS, Mobile trading | ASIC | 200 | credit cards, UnionPay, Neteller, Skrill (3% fee), Wire transfer, BPay and broker-to-broker transfer |
| DFMarkets | 3 | yes | 1:200 | 10% Trading Credit Promotion up to $1,000 | DFTrader, DF WebTrader, DF Mobile | FCA | 100 | Bank wire, Credit/Debit cards |
| Tickmill | 3 | yes | 1:500 | - | MetaTrader 4, Webtrader | FCA UK, FSA Seychelles | 100 | wire transfer (commission are charged), credit/debit cards, Skrill, Neteller, FasaPay, UnionPay and WebMoney |
| TenkoFX | 3 | yes | 1:500 | MetaTrader 4, Webtrader | International Financial Services Commission of Belize | 10 | Skrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi | |
| Z.com Trade | 3 | yes | 1:200 | Z.com trader web, Z.com trader pro (demo account only) | FCA UK | 1 | credit cards, wire transfer, china unionpay, skrill | |
| Freshforex | 3 | yes | 1:1000 | +5% to each cryptocurrency deposit; get 300% for each deposit | Metatrader 4 | KROUFR | 1 | WebMoney, ePayService, Skrill , FasaPay, ADVCash, Perfect Money, Neteller, OnlineNaira NGN/USD, E-wallets for the Philippines, Visa/Mastercard/Maestro USD/EUR, Local Depositors, Bitcoin, Internet Banking |
| Pepperstone | 3 | yes | 1:500 | 100% Match Bonus | Metatrader 4, Metatrader 5, cTrader, cAlgo, cMirror | ASIC, FCA UK | 200 | bPay, credit cards, Paypal |
| TradeFW | 3 | yes | 1:30 | https://www.forexexplore.com/forex-brokers/tradefw-review | Cysec | 0 | Bank wire, Credit/Debit Card. | |
| CMCMarkets | 2 | yes | 500:1 | - | Next Generation web-based | FCA | 1 | Credit cards, Wire Transfer |
| ActivTrades | 2 | yes | 1:400 | Metatrader 4, Activtrader | FCA | 100 | Credit Card, Wire transfer, neteller, skrill, sofort | |
| Saxo Bank | 2 | yes | 1:100 | n/a | SaxoTrader | Danish Financial Services Authority and operates in the UAE | 5000 | Wire |
| Blackwell Global | 2 | yes | 1:200 | - | MetaTrader 4, Blackwell Pro, Mobile | Financial Conduct Authority | 2000 | redit/debit cards, Neteller, Skrill, Wire transfer |
| AAAfx | 2 | yes | 1:200 | up to 30% | ZTP, MetaTrader 4, Binary options webtrader, Zulutrade | HCMC (Greece) | 300 | Wire, Credit Card, Skrill, Neteller, giropay, EPS, directpay24, teleingreso, ideal, qiwi, Bitcoin |
| XTB | 2 | yes | 1:200 | Metatrader 4, xStation, xMobile | CNMV (Spain), FCA (UK), FSA (Poland) | 250 | Credit cards, Neteller, Paypal, Skrill, Wire transfer | |
| Anzo Capital | 2 | yes | 1:1000 | MetaTrader 4 | yes | 100 | Webmoney, Skrill, Neteller, Credit Cards | |
| EasyMarkets | 2 | yes | 1:100 | Metatrader 4, EasyMarkets web-based platform | ASIC (Australia), CySEC (Cyprus) | 100 | credit cards, neteller, Skrill, Webmney, wire transfer | |
| CityIndex | 2 | yes | 1:400 | - | MT4 (MetaTrader 4), Advantage Web, Advantage Trader, iPhone, Android, Windows Phone App, iPad and Tablet App | Trademark of GAIN Capital UK Ltd - Regulated by FCA | 100 | Credit/Debit Cards |
| Markets.com | 2 | yes | 1:200 | up to $2,000 | Meta Trader 4,MarketTrader, Market WebTrader, Market Java Trader, Market Mobile Trader, Market WAP Trader, Market iTrader, Market AutoTrader | CySEC, FSCA South Africa | 100 | Credit/Debit Cards, Wire Transfer, Webmoney, Local Payments |
| eToro | 1 | yes | 1:30; 1:1 for Crypto Currencies | - | eToro Platform | CySec, NFA | 200 | Credit Cards, Debit Cards, Paypal, Neteller, Skrill, Webmoney, Wire Transfer |
| Tifia | 1 | yes | 1:1,000 | Metatrader 4, webtrader | Vanuatu Financial Services Commission VFSC | 10 | wire transfer, credit cards, skrill, neteller, perfect money, fasapay, okpay | |
| FXOpen | 1 | yes | 1:500 | $100 | MetaTrader 4 | ASIC, FCA UK, Financial Dispute Resolution Scheme | 1 | Wire, WebMoney, AlertPay, CashU, c-gold, PerfectMoney |
| House of Borse | 1 | yes | 1:100 | MetaTrader 4 | FCA UK | 50000 | credit cards, wire transfer | |
| Fort Financial Services | 1 | yes | 1:1,000 | MetaTrader 4, CQG, Ninja trader, binary options | IFSC | 5 | Credit cards, webmoney, Skrill, Neteller, perfect money, fasapay, wire transfer | |
| TraderTrust | 1 | yes | 1:200 | 100% upto $5,000 | SmartForex | CySec, VFCS | 100 | Skrill, Credit Cards |
| MEX Exchange | 1 | yes | 1:500 | Metatrader 4 | ASIC | 25 | Neteller, Skrill, Fasapay, UnionPay, Credit Cards, Wire Transfer | |
| FBS | 1 | yes | up to 1:3,000 | $123 Welcome Bonus | MetaTrader 4, Metatrader 5, Webtrading | IFSC; Cysec | 1 | credit cards, fasapay, Indonesia local banks, Neteller, okpay, perfectmoney, Skrill, Webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrill |
| Synergy FX | 1 | yes | 1:500 | MetaTrader 4 | ASIC, AFSL | 500 | credit cards, skrill, wire transfer | |
| FCI Markets | 1 | yes | 1:100 | Currenex, FCI NetStation, MetaTrader 4 | FCA | 250 | credit cards, neteller, skrill, wire transfer | |
| Fortrade | 1 | yes | 1:200 | Fortrader | FCA | 500 | wire transfer, credit cards, skrill, neteller | |
| FXGiants | 1 | yes | 1:500 | MetaTrader 4 | FCA | 500 | credit cards, neteller, paypal, skrill, unionpay, Webmoney, Wire Transfer | |
| FXGlobe | 1 | yes | 1:500 | MetaTrader 4 | CySEC | 250 | Credit cards, Neteller, Skrill, Wire transfer | |
| FXoro | 1 | yes | 1:400 | Metatrader 4 | CySEC | 200 | credit cards, wire transfer, skrill, neteller, ecoPayz, CashU | |
| FXprimus | 1 | yes | 1:500 | Metatrader 4 | Cysec | 100 | Bitcoin, China UnionPay, FasaPay, Neteller, Skrill, Wire Transfer | |
| Infinox | 1 | yes | 1:300 | Metatrader 4 | FCA UK | 100 | credit cards, wire transfer, skrill, neteller, china unionpay | |
| JCMFX | 1 | yes | 1:1,000 | MetaTrader 4 | FSA | 10 | credit cards, FasaPay, Wire Transfer, Neteller, Skrill | |
| Larson&Holz | 1 | yes | 1:500 | Metatrader 4, Web Trader | FMRRC, NAFD | 100 | credit cards, wire transfer, neteller, paypal, Yandex, liqpay, alfa click, beeline, mtc, perfect money | |
| LCG | 1 | yes | 1:500 | MetaTrader 4, LCG Trader (web-based, ECN accounts only) | FCA UK | 1 | wire transfer, debit/credit cards, Skrill | |
| Mahi FX | 1 | yes | 1:100 | Metatrader 4, MahiFX | FCA UK, ASIC, FMA | 1 | wire transfer, credit cards | |
| Pricemarkets | 1 | yes | 1:400 | MetaTrader 4 ECN, Currenex ECN, Integral FX, Liquid-x, Hotspot FX | FCA UK | 500 | wire transfer, credit cards | |
| Rallytade | 1 | yes | 1;1,000 | Metatrader 4, xStation (web-based), xSocial, xOptions | FinaCOM | 100 | credit cards, neteller, skrill, Interswitch, Pocketmoni, etraszact, perfectMoney, WebMoney, VoguePay | |
| Range Markets | 1 | yes | 1:500 | Metatrader 4 | FSA of St. Vincent and the Grenadines | 100 | Neteller, Credit Cards, wire transfer | |
| Rekuten Securities | 1 | yes | 1:50 | MarketSpeed FX, Trading Station (inherited from FXCM) | SFC | 1 | wire transfer, checks, ATM (only for local residents) | |
| Roboforex | 1 | yes | 1:500 | MetaTrader 4, cTrader | Cysec, IFSC, FSP, FSCL | 1 | credit cards, QIWI wallet, webmoney, Yandex.money, RBK money, Skrill, FasaPay, CashU, Payoneer, China UnionPay, Neteller, Perfect Money | |
| Trading212 | 1 | yes | 1:200 | Trading212 | FCA UK | 100 | wire transfers, credit and debit cards, PayPal, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay | |
| AGEA | 0 | yes | 1:500 | $5 no-deposit bonus | Streamster, MetaTrader 4 | no | 1 | Credit Cards, Wire, Skrill, Webmoney, e-Dinar, Neteller, FasaPay, Perfect Money |
| Oinvest | 0 | yes | 1:200 | Samsung Galaxy, iPhone | Metatrader 4 | yes | 200 | Skrill, Neteller, Credit Cards |
| TrioMarkets | 0 | yes | 1:300 | - | MetaTrader 4, Sirix Webtrader | CySEC | 100 | Credit Card, Wire, Skrill, Neteller, Paypal and CashU |
| Orbex | 0 | yes | 1:500 | MetaTrader 4 | CySEC | 500 | Skrill, Neteller, Wire Transfer, Credit Cards, CashU, Webmoney | |
| GrandCapital | 0 | yes | 500:1 | $500 no deposit | MetaTrader 4, WebTrader | Financial Commission FinaCom, EDR Hong Kong external dispute resolution organization | 10 | Credit card, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney |
| Alvexo | 0 | yes | 400:1 | - | MetaTrader 4, WebTrader, Mobile | CySEC | 5000 | Cash-U, Credit Card, Webmoney, Wire Transfer |
| NSFX | 0 | yes | 200:1 | Metatrader 4, Webtrader, NSFX Jforex platform | MFSA | 300 | credit cards, Skrill, CashU and wire transfer | |
| Juno Markets | 0 | yes | 1:400 | - | MetaTrader 4 | FinaCom | 500 | neteller, skrill, credit cards, wire transfer |
| KGIeworld | 0 | yes | 1:50 | - | MetaTrader 4 | MAS | 1000 | Wire Transfer, Check |
| Abshire-Smith | 0 | yes | 1:200 | Vertex fx, Metatrader 4, straticator | FCA | 500 | CashU, Neteller, Skrill, Wire Transfer | |
| Alfa Financial | 0 | yes | 1:100 | MetaTrader 4, AX1Trader | Central Bank UAE | 10000 | yes | |
| Darwinex | 0 | yes | 1:200 | MetaTrader 4, cTrader | FCA | 500 | Bank Wire, Credit Cards, UnionPay | |
| Eightcup | 0 | yes | 1:500 | Metatrader 4 | ASIC | 100 | ||
| ETX Capital | 0 | yes | 1:200 | ETX Trader Pro, Metatrader 4, ETX binary | FCA | 100 | credit cards, wire transfer, firopay, neteller, skrill, sofort, china unionpay | |
| Swissmarkets | 0 | yes | 1:500 | Metatrader 4, Webtrader | CySEC, MiFID | 200 | credit cards, wire transfer, neteller, skrill, iDEAL, giropay | |
| Trade360 | 0 | yes | 1:1,000 | 35%, $60 no deposit for real account | Trade360 | CySEC | 100 | credit cards, skrill, neteller, wire transfer |
| ForexMart | 0 | yes | 1:1,000 | $150 no deposit needed | Metatrader 4 | CySEC | 1 | credit cards, Neteller, Skrill, Paypal, Paxum? Bitcoin |
| AETOS | 0 | yes | 1:200 | MetaTrader 4 | FCA UK | 250 | Bank wire transfer, Credit cards, Debit cards, Skrill, ZOTAPAY | |
| LH-Crypto | 0 | yes | 1:500 | Metatrader 4, Metatrader 5 | yes | 10 | Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, DASH, Ripple, NEO, Visa, MasterCard, Web Money, QIWI, wire transfer | |
| 1Market | 0 | yes | 1:400 | Webtrader, Metatrader 5 | Cysec | 250 | credit cards, bank wire transfers, Neteller, Skrill, Sofort, Rapid, PaySafe Card and Volt | |
| PlusMarkets | 0 | yes | 1:30 | Metatrader 4, PlusMarkets Trader | CySec | 0 | cards, wire transfers, and some alternative payment methods, which aren’t specified | |
| HonorFX | 0 | yes | 1:500 | Metatrader 5 | FSA | 100 | Credit Cards, Neteller, Skrill, Paypal, Bitpay, Fasapay, Perfect Money | |
| Tiger Brokers | 0 | Up to 4x (day trade), Up to 2x (next day) | Tiger Trade | US Securities and Exchange Commission, Australian Securities & Investments Commission (ASIC) | 0 | Bank Wire Transfer, FAST, DDA, PayNow | ||
| MarketBull | 0 | yes1000 | 1:1000 | 100% match the deposit | Metatrader 4 | jurisdiction of the UK | 1000 | Credit Cards, Neteller, Skrill, Bank Wire Transfer |
| CedarFX | 0 | yes | 1:500 | MetaTrader 4 | 50 | Credit Card, Bank Wire, Bitcoin | ||
| GCI Trading | 0 | yes | 1:400 | 50% on deposit | MetaTrader 4, ActTrader | IFSC | 500 | Bank Wire Transfer, Credit Card, Neteller, Skrill |
| Axi | 0 | yes | 1:400 | Metatrader 4 | ASIC, FCA, Financial Services Authority in Saint Vincent and the Grenadines | 200 | Debit and Credit Cards (Visa, Master, Maestro, JCB) Neteller Skrill/Moneybookers Global Collect (only for Australian clients) BPAY (only for Australian Clients) China Union Pay (only for Chinese residents) Bank Transfer Broker to Broker Transfer |