BrokerAnalysis

📊 Lowest Spread Broker Award 2026

Last updated October 9, 2026

Our 2026 Lowest Spread Broker award nominees. 22 brokers evaluated and ranked.

How We Ranked

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

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
TMGM
TMGM
Review
#2
Tickmill
Tickmill
Review
#3
RoboForex
RoboForex
Review
Full Comparison
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Last reviewed:
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By:BrokerAnalysis Research Desk
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Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Oct 2026

Our 2 top picks for 📊 Lowest Spread Broker Award

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

#1 · Best for 📊 Lowest Spread Broker Award
TMGM

TMGM

Min. deposit $100
  • Raw Edge spreads from 0.0 pips
  • Strong tier-1 ASIC regulation
  • IRESS DMA for 12,000+ global stocks
ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu)
#2 · Best alternative
Tickmill

Tickmill

Min. deposit $100
  • Ultra-low commissions at $2/lot roundturn
  • No restrictions on scalping or EAs
  • FCA and CySEC regulated
FCA (UK), CySEC (Cyprus), FSA (Seychelles)

Why these two

Both brokers are shortlisted specifically for 📊 Lowest Spread Broker Award, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.

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 are the best 📊 Lowest Spread Broker Award?

TMGM ranks #1 among 22 brokers tested for 📊 Lowest Spread Broker Award with EUR/USD spreads from 0.0 pips (Edge) | 1.0 pips (Classic) and a minimum deposit of $100. The #1 pick is regulated by ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu), FSC (Mauritius). Rankings are based on spread data, regulation tier, and platform testing published in our methodology.

Lowest Spread Broker — How We Choose

Brokers with the tightest spreads on major currency pairs. Our current ranking starts with TMGM where it is available, followed by Tickmill, RoboForex, and FP Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Cost-Focused Offers

Verified rebates and cost-focused offers

For low-spread and ECN-style pages, we prioritize cashback, rebate, and commission-offset style promotions over louder bonus messaging.

Browse All Promotions

FP Markets

ASIC (Australia)
Cashback / Rebate

Refer a Friend: Earn up to $200

Referral bonus pays $50-$200 after a friend funds and trades the required volume.

Verified Sep 15, 2026

BlackBull Markets

FMA (New Zealand)
Cashback / Rebate

Free TradingView + Refer-a-Friend $250

Free TradingView subscription on volume. Refer-a-friend: up to $250 for both. 100% deposit bonus.

Verified Sep 15, 2026

Vantage

ASIC (Australia)
Deposit Match

50% + 10% Deposit Bonus

50% first-deposit credit up to $500 plus 10% on subsequent deposits. Total cap $30,000.

Verified Oct 8, 2026

Trading Conditions

22 brokers · how we rank

Compare trading conditions for Lowest Spread Broker nominees.

BrokerWithdrawalRegulation & fundingAction
TMGM4.4/5.0
0.0 pips (Edge) | 1.0 pips (Classic)$1001-2 business days
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Tickmill4.5/5.0
0.0 pips (Raw) | 1.6 pips (Classic)$1001 business day
FCA (UK)CySEC (Cyprus)FSA (Seychelles)
RoboForex4.3/5.0
0.0 pips (Prime) | 1.4 pips (Pro)$10Instant for most electronic methods
FSC (Belize)
FP Markets4.5/5.0
0.0 pips (Raw)$100Same day to 1 business day
ASIC (Australia)CySEC (Cyprus)SVG FSA
0.0 pips (ECN)$501-2 business days
FCA (UK)ASIC (Australia)FSCA (South Africa)
Vantage4.4/5.0
0.0 pips (Raw ECN)$501-2 business days
ASIC (Australia)FCA (UK)CIMA (Cayman)
0.0 pips (ECN Prime)$01 business day
FMA (New Zealand)FSA (Seychelles)
0.0 pips (Raw ECN) | 1.2 pips (Standard)$101-2 business days
FCA (UK)FSC (Mauritius)
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
FXTM4.4/5.0
0.0 pips (ECN) | 1.5 pips (Standard)$1024 hours
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
FxPro4.4/5.0
0.0 pips (Raw+) | 1.2 pips (Standard)$1001 business day
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Axi4.3/5.0
0.0 pips (Pro)$01-2 business days
ASIC (Australia)FCA (UK)FMA (New Zealand)
Eightcap4.3/5.0
0.0 pips (Raw)$1001-2 business days
ASIC (Australia)FCA (UK)SCB (Bahamas)
0.0 pips (Zero)$0Same day
ASIC (Australia)VFSC (Vanuatu)
0.0 pips (Raw)$0Same day
ASIC (Australia)VFSC (Vanuatu)
0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)1-2 business days
ASIC (Australia)FCA (UK)CySEC (Cyprus)
Visit Pepperstone Read review74-89% of retail investor accounts lose money when trading CFDs
0.0 pips (Zero) | 0.5 pips (Trade)$251-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
0.0 pips (ThinkZero)$01-2 business days
ASIC (Australia)FCA (UK)FSCA (South Africa)
HYCM4.1/5.0
0.2 pips (Raw)$1001-2 business days
FCA (UK)CySEC (Cyprus)CIMA (Cayman Islands)
0.0 pips (ECN) | 1.8 pips (Classic)$10 (Cent) / $50 (Classic/ECN)1-2 business days
CySEC (Cyprus)FSC (Mauritius)SVGFSA (registration only)
0.0 pips (Commission-based)$101-5 business days
CySEC (Cyprus)
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business days
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
Rank 01 · best overall
TMGM4.4/5.0
Spread
0.0 pips (Edge) | 1.0 pips (Classic)
Min dep.
$100
Withdrawal
1-2 business days
ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu)
Visit TMGM Read review
Rank 02
Tickmill4.5/5.0
Spread
0.0 pips (Raw) | 1.6 pips (Classic)
Min dep.
$100
Withdrawal
1 business day
FCA (UK)CySEC (Cyprus)FSA (Seychelles)
Visit Tickmill Read review
Rank 03
RoboForex4.3/5.0
Spread
0.0 pips (Prime) | 1.4 pips (Pro)
Min dep.
$10
Withdrawal
Instant for most electronic methods
FSC (Belize)
Visit RoboForex Read review
Rank 04
FP Markets4.5/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
ASIC (Australia)CySEC (Cyprus)SVG FSA
Visit FP Markets Read review
Rank 05
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
FCA (UK)ASIC (Australia)FSCA (South Africa)
Visit Moneta Markets Read review
Rank 06
Vantage4.4/5.0
Spread
0.0 pips (Raw ECN)
Min dep.
$50
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)CIMA (Cayman)
Visit Vantage Read review
Rank 08
Hantec Markets4.4/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard)
Min dep.
$10
Withdrawal
1-2 business days
FCA (UK)FSC (Mauritius)
Visit Hantec Markets Read review
Rank 09
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
ASIC (Australia)CySEC (Cyprus)Seychelles FSA
Visit IC Markets Read review
Rank 10
FXTM4.4/5.0
Spread
0.0 pips (ECN) | 1.5 pips (Standard)
Min dep.
$10
Withdrawal
24 hours
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit FXTM Read review
Rank 11
FxPro4.4/5.0
Spread
0.0 pips (Raw+) | 1.2 pips (Standard)
Min dep.
$100
Withdrawal
1 business day
FCA (UK)CySEC (Cyprus)FSCA (South Africa)
Visit FxPro Read review
Rank 12
Axi4.3/5.0
Spread
0.0 pips (Pro)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)FMA (New Zealand)
Visit Axi Read review
Rank 13
Eightcap4.3/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)SCB (Bahamas)
Visit Eightcap Read review
Rank 16
Pepperstone4.8/5.0
Spread
0.0 pips (Razor) | 1.0 pips (Standard)
Min dep.
$0 (Recommended $200)
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)CySEC (Cyprus)
Visit Pepperstone Read review

74-89% of retail investor accounts lose money when trading CFDs

Rank 17
Admiral Markets4.4/5.0
Spread
0.0 pips (Zero) | 0.5 pips (Trade)
Min dep.
$25
Withdrawal
1-2 business days
FCA (UK)CySEC (Cyprus)ASIC (Australia)
Visit Admiral Markets Read review
Rank 18
ThinkMarkets4.3/5.0
Spread
0.0 pips (ThinkZero)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)FCA (UK)FSCA (South Africa)
Visit ThinkMarkets Read review
Rank 19
HYCM4.1/5.0
Spread
0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
FCA (UK)CySEC (Cyprus)CIMA (Cayman Islands)
Visit HYCM Read review
Rank 20
LiteFinance4/5.0
Spread
0.0 pips (ECN) | 1.8 pips (Classic)
Min dep.
$10 (Cent) / $50 (Classic/ECN)
Withdrawal
1-2 business days
CySEC (Cyprus)FSC (Mauritius)SVGFSA (registration only)
Visit LiteFinance Read review
Rank 21
Libertex4/5.0
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
CySEC (Cyprus)
Visit Libertex Read review
Rank 22
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
ASIC (Australia)CySEC (Cyprus)FSC (Mauritius)
Visit GO Markets Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology.Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your 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.

TMGM logo
Our Rating
4.4/5.0
Best ForScalpers, ECN traders & stock-CFD traders via IRESS
Min Deposit$100

TMGM Review Summary

TMGM is nominated for Lowest Spread Broker 2026. Regulated by ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu), FSC (Mauritius). Scalpers, ECN traders & stock-CFD traders via IRESS.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Tickmill logo
Our Rating
4.5/5.0
Best ForScalpers, day traders & low-commission professionals
Min Deposit$100

Tickmill Review Summary

Tickmill is nominated for Lowest Spread Broker 2026. Regulated by FCA (UK), CySEC (Cyprus), FSA (Seychelles). Scalpers, day traders & low-commission professionals.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
RoboForex logo
Our Rating
4.3/5.0
Best ForHigh-leverage traders, automated trading & varied account types
Min Deposit$10

RoboForex Review Summary

RoboForex is nominated for Lowest Spread Broker 2026. Regulated by FSC (Belize). High-leverage traders, automated trading & varied account types.

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
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

FP Markets is nominated for Lowest Spread Broker 2026. Regulated by ASIC (Australia), CySEC (Cyprus), SVG FSA. ECN traders, scalpers & Australian clients.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

Moneta Markets Review Summary

Moneta Markets is nominated for Lowest Spread Broker 2026. Regulated by FCA (UK), ASIC (Australia), FSCA (South Africa), FSC (Mauritius). ECN traders & copy-trading followers across Asia-Pacific.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Vantage logo
Our Rating
4.4/5.0
Best ForRaw spread traders & Australian forex enthusiasts
Min Deposit$50

Vantage Review Summary

Vantage is nominated for Lowest Spread Broker 2026. Regulated by ASIC (Australia), FCA (UK), CIMA (Cayman), VFSC (Vanuatu). Raw spread traders & Australian forex enthusiasts.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
BlackBull Markets logo
Our Rating
4.3/5.0
Best ForECN traders & New Zealand-based clients
Min Deposit$0

BlackBull Markets Review Summary

BlackBull Markets is nominated for Lowest Spread Broker 2026. Regulated by FMA (New Zealand), FSA (Seychelles). ECN traders & New Zealand-based clients.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Hantec Markets logo
Our Rating
4.4/5.0
Best ForExperienced traders, institutional clients & multi-asset investors
Min Deposit$10

Hantec Markets Review Summary

Hantec Markets is nominated for Lowest Spread Broker 2026. Regulated by FCA (UK), FSC (Mauritius). Experienced traders, institutional clients & multi-asset investors.

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
IC Markets logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

IC Markets Review Summary

IC Markets is nominated for Lowest Spread Broker 2026. Regulated by ASIC (Australia), CySEC (Cyprus), Seychelles FSA, SCB (Bahamas). Scalpers, EA traders & low-latency algorithmic trading.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FXTM logo
Our Rating
4.4/5.0
Best ForAfrican & Asian traders & copy trading users
Min Deposit$10

FXTM Review Summary

FXTM is nominated for Lowest Spread Broker 2026. Regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius). African & Asian traders & copy trading users.

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

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.

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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 channel 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 📊 Lowest Spread Broker Award

Frequently Asked Questions

BlackBull Markets won our Lowest Spread Broker award for 2026 with a rating of 4.3/5.
Our Lowest Spread Broker award is based on rigorous testing and data analysis. We evaluate each broker's trading conditions, fees, platform quality, and regulatory status using our published methodology. Only brokers with a BrokerAnalysis affiliate programme that are not named in a regulator advisory we track are considered, so the award covers our partner brokers, not the whole market.
We evaluated 22 brokers for the Lowest Spread Broker category in 2026. Every nominee has a BrokerAnalysis affiliate programme and none is named in a regulator advisory we track.

Sources & References

  1. — Tickmill
  2. — Vantage
  3. — Hantec Markets
  4. — BrokerAnalysis
  5. — BrokerAnalysis
  6. — BrokerAnalysis

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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.