11 Best Lowest Spread Forex Brokers For 2026

Having traded with many different brokers myself, I would say it is wise to verify which entity you are opening a trading account with and where and how they are regulated for peace of mind. Registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA), tastyfx provides access to competitive forex fees and trading platforms. It offers trading in 600+ CFDs on forex, commodities, indices, shares, and cryptocurrencies via MetaTrader platforms and the FXTM Trader App. I checked Pepperstone’s Standard account, which features an all-inclusive spread from 1.0 pips and zero commissions. Pepperstone, an Australian forex and CFD broker founded in 2010, is making strides in the trading industry with its tight spreads and beginner-friendly offering.

• From my personal trading experience, I find that the spread on EUR/USD for a commission-free trading account is in line with the industry average.
• A broker provides you with an overall service, not just trade execution.
• It offers competitive spreads, low trading fees, and a wide selection of assets to trade.

How To Choose The Best Zero Spread Account?

• This helps to reduce the overall cost of trading but does require a minimum account deposit of $30,000.
• FP Markets is an Australian-based global forex and CFD broker founded in 2005.
• You need to include commissions to compare the total overall cost of trading between brokers.
• That’s why we sought brokers that combine verified zero-pip spreads, fair commissions, robust regulation, and a comprehensive trading environment.
• However, their spreads are better than average for CFDs on shares, some commodities, and indices.

The tight raw pricing, institutional-style NDD execution, and advanced MT4 toolkit offered by FxPro help traders keep trading costs down, reduce requotes, and improve their technical analysis and automated strategies on MT4. Interactive Brokers provides advanced trading platforms, low commissions, and access to a wide range of financial instruments. Interactive Brokers is a good choice for high-volume, multi-asset traders since its agency model streams quotes from multiple liquidity providers and reduces per-unit commission rates as trading volume increases, helping to lower overall execution costs. Interactive Brokers is the tenth best low spread Forex broker due to interbank spreads that can reach 0.1–0.2 pips on majors, tiered commissions as low as 0.2 bps, and deep multi-venue liquidity.

• The broker also offers versatile platforms for advanced technical analysis, which can be enhanced with VPS hosting.
• For deposits of over $500, the company is offering a cashback scheme enabling traders to earn a per-trade commission.
• Interactive Brokers stays consistently tight with 0.2 pip spreads and just $2 commission, which works out cheaper overall if you’re trading full lots.
• These brokers charge per-side fees that range from $3 to $7 per standard lot on platforms including MT4, MT5, cTrader, and TradingView.
• If you see a pair with narrow spreads, however, then usually, its liquidity will be high while its volatility–low.

The tight spread-only model of CMC Markets offers traders simple, predictable costs per trade, which helps with planning risk and comparing different forex pairs. The consistent spread-only pricing of CMC Markets places it among the stronger options for spread-only traders by eliminating separate commissions and making full trading cost visible upfront, even during busy sessions. Tickmill is a strong choice for scalpers and news traders given that its low commissions and tight pricing help keep overall costs predictable, even when placing many trades around volatile market events. Tickmill is the seventh best low spread Forex broker thanks to Pro/VIP commissions from $4 round-trip per lot, near-zero spreads, and fast order execution. The tight spreads of XM provide traders with lower total trading costs on majors, improving the net results of short-term and high-frequency approaches.

Charles Schwab – Low Spread Gold Trading Account

In our live fee test on the Standard account, I found the spread for EUR/USD averaged 0.8 pips in the London session and 0.9 pips in the New York session, easily beating the 1.08 pip industry average. The FP Markets Raw account connects you directly with the interbank market and the broker’s own liquidity providers to ensure the best possible quotes and ECN pricing. Another key benefit for beginner traders is the ability to access customer support 24/7. To round out the review, we checked the range of tradable instruments, available trading platforms, and additional trading and research tools. We only list trading platforms regulated by tier 1 and tier 2 institutions including CySEC, FCA, ASIC, NFA. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers.

Best Low Spread Forex Brokers For 2026

The broker’s own platform may offer additional features, such as real-time news and trading ideas. You can test different account types by opening a demo trading account, which allows you to trade in a virtual environment and practice risk-free. Researching all the account types a broker offers is important to making an informed decision. It’s also important to check the fees for deposits and withdrawals, as some brokers may charge for one or both options. Most retail brokers do not charge a fee just to have an account open, but they may charge an inactivity fee if there hasn’t been any activity on your account for a while.

Fusion Markets is an Australian-based forex and CFD broker founded in 2019. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is an Australian-based global forex and CFD broker founded in 2005.

FXTM also offers trading signals from Acuity and additional indicators for MT4. The charts are high-definition and very expressive, and traders can choose from over 150 analytical tools and chart configurations. I consider TradingView the best option for beginner traders because of its light and intuitive design. Pepperstone has an impressive lineup of platforms, including MetaTrader 4, MetaTrader 5, cTrader, and the seamless TradingView. The platform also features 60+ analytical tools, supports all basic order types (market, limit, and stop), and has a sophisticated algo-building environment.

What Is The Difference Between Zero Commission And Raw Spread?

With my OANDA account, I tested the EUR/USD spreads to see how much they cost during New York trading sessions. These spreads average around 0.1 pips on the EUR/USD during the London and New York trading sessions. In testing, I found the broker has tight spreads on its Raw account. IC Markets offers Islamic accounts on both Raw Spread and Standard accounts, structuring fees differently to comply with religious requirements while maintaining low-spread conditions.

Which Leverage To Use With Zero Spread Accounts?

The tastyfx web trading platform is top-notch, featuring a simple, clean, and user-friendly design that is easily customizable. My hands-on tests revealed that tastyfx offers highly competitive trading fees. I also measured the broker’s swaps and determined that they were suitable for longer-term trading. AvaTrade was founded in 2006 in Dublin, Ireland, and offers more than 840 tradable instruments that can be traded as CFDs and vanilla options. I also found that the commission of $3.00 per 100,000 units of Everestex review currency traded, per side, is better than the industry average for using MetaTrader, which is typically around $3.50. However, the spread is much better than the industry average for GBP/JPY, which can sometimes reach over 3.0 pips.

What Trading Costs Should I Compare Besides Spreads When Choosing A Forex Broker?

You can set an alert for a price level and then execute a trade directly from your device when you get the notification. You can choose to trade during the session that fits your schedule or strategy. The trading day is divided into sessions.

• After all, they play a dual role in safeguarding your funds and executing your trades.
• The platform has an attractive design, easy navigation and provides a seamless trading experience.
• Zero-spread accounts, on the other hand, tend to apply a commission on each side of a trade.
• Yes, some brokers offer accounts with 0 spread, but they typically charge a fixed commission per trade.
• Check our guides on the best MT4 brokers, best MT5 brokers, and best cTrader brokers.
• Pepperstone’s deep multi-bank liquidity helps traders by reducing slippage and the likelihood of rejected or re-quoted orders.

Pros And Cons Of Hf Markets

We strongly advise all users of this website to be aware that trading in Forex and CFD markets carries a high level of risk. However, a commission is usually charged per trade to compensate for the broker’s services. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders.

A raw spread Forex account offers traders access to the tightest spreads available directly from the liquidity providers without any additional markup from the broker. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. Strategies can also be filtered by platform (MT4 or MT5), risk level, and commission.The Headway Pro account offers raw spreads from 0.0 pips and competitive commissions of $1.50 per side per lot. Finding a forex broker that offers tight spreads and competitive trading conditions is a top priority for traders who insist on cost-efficiency and optimal trade execution. We also found that traders can access much lower spreads on the Raw+ and Elite accounts, which also have an industry-standard commission. However, traders can access spreads from 0.0 pips on the Advantage account with an industry-standard commission.