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Exness
FCA (UK)Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via partner codes. Premier clients earn 200-600 EXD.
Verified Jun 15, 2026
10 Best Low Spread Forex Brokers 2026
Last updated January 5, 2026
Trade with minimal costs using our top-rated low spread forex brokers. Compare spreads from 0.0 pips, commissions, and trading conditions.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
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Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for low spreads
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for low spreads
Fusion Markets
Editor's pickMin. deposit $0
- One of the lowest commissions in the industry ($4.50 round turn)
- Raw spreads from 0.0 pips
- $0 minimum deposit
ASIC (Australia), VFSC (Vanuatu)
#2 · Strong alternative
IC Markets
Editor's pickMin. deposit $200
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
ASIC (Australia), CySEC (Cyprus), Seychelles FSA
Why these two
Of every broker we track, these two stand out specifically for low spreads — we weigh regulation and safety first, then the exact strengths that matter for this use case. Everything below is the fuller comparison and lower-weight alternatives.
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 is considered a low spread in forex trading?
A low spread in forex trading is typically considered to be 1.0 pip or less on major currency pairs like EUR/USD. Many ECN and Raw spread accounts offer spreads as low as 0.0-0.2 pips, with a separate commission charge. Standard accounts usually offer spreads from 0.6-1.0 pips without commission.
Why Low Spreads Matter in Forex Trading
Low spreads are crucial for forex traders because they directly impact your trading costs and profitability. Our current ranking starts with VT Markets where it is available, followed by Exness, RoboForex, and FP Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
Cost-Focused Offers
Browse All PromotionsVerified 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.
Cashback / Rebate
IC Markets
ASIC (Australia)Up to $2.50/Lot Rebate + 21% Comm Off
Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.
Verified Jun 15, 2026
FP Markets
ASIC (Australia)Refer a Friend: Earn up to $200
Referral bonus pays $50-$200 after a friend funds and trades the required volume.
Verified Jun 15, 2026
Low Spread Broker Stats
| Broker | Link | ||
|---|---|---|---|
| Fusion Markets | N/A | 0.0 pips (Zero) | Open |
| IC Markets | N/A | 0.0 pips (Raw) | 0.8 pips (Standard) | Open |
| VT Markets | N/A | N/A | Open |
| Exness | 0.0 pips | 0.1 pips | Open |
| RoboForex | 0.0 pips | 0.1 pips | Open |
| FP Markets | N/A | N/A | Open |
| HFM | 0.0 pips | 0.1 pips | Open |
| XM | 0.6 pips | 0.8 pips | Open |
| FXCM | N/A | N/A | Open |
| Vantage | N/A | N/A | Open |
| BlackBull Markets | 0.0 pips | 0.1 pips | Open |
| Hantec Markets | N/A | N/A | Open |
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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.
Our Rating
4.5/5.0
Best ForLow-cost & high-volume traders
Min Deposit$0
Fusion Markets Review Summary
Fusion Markets is an ECN broker regulated by ASIC (Australia), VFSC (Vanuatu). Best suited to Low-cost & high-volume traders. EUR/USD from 0.0 pips (Zero), minimum deposit $0.
Pros
- One of the lowest commissions in the industry ($4.50 round turn)
- Raw spreads from 0.0 pips
- $0 minimum deposit
- MT4, MT5, cTrader & TradingView
Cons
- No proprietary platform
- Limited educational content
- Leverage above ASIC caps only via the offshore entity
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200
IC Markets Review Summary
IC Markets is an True ECN broker regulated by ASIC (Australia), CySEC (Cyprus), Seychelles FSA, SCB (Bahamas). Best suited to Scalpers, EA traders & low-latency algorithmic trading. EUR/USD from 0.0 pips (Raw) | 0.8 pips (Standard), minimum deposit $200.
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
- Excellent support for cTrader and TradingView
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity
- Basic research and educational material
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50
VT Markets Review Summary
VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
- Free Telegram signals funnel through Unshakable Traders
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees
- Traders still need to manage risk and verify terms before depositing
Exness Review Summary
Exness delivers exceptional low spread trading with raw spreads from 0.0 pips on major pairs. Their Raw Spread account offers institutional-grade pricing with a competitive $3.50 commission per lot. With unlimited leverage options and instant withdrawals, Exness is our top pick for cost-conscious traders.
Pros
- Regulation varies by entity
- Minimum deposit: $10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Raw from 0.0 — compare account types before opening
RoboForex Review Summary
RoboForex offers raw spreads from 0.0 pips on their Prime and ECN accounts. Their unique commission structure of $20 per million traded appeals to high-volume traders. With CopyFX social trading and 12,000+ instruments, they combine low costs with innovation.
Pros
- Regulation varies by entity
- Minimum deposit: $10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Prime from 0.0 — compare account types before opening
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100
FP Markets Review Summary
FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content
HFM Review Summary
HFM (formerly HotForex) offers a dedicated Zero Spread account with spreads from 0.0 pips on 10 major currency pairs. The low $5 minimum deposit makes it accessible for beginners, while leverage up to 1:2000 appeals to experienced traders seeking maximum flexibility.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Zero from 0.0 — compare account types before opening
XM Review Summary
XM combines competitive low spreads with exceptional trading conditions. Their Zero account offers spreads from 0.0 pips with a small commission, while the Standard account provides tight spreads with no commission. With $5 minimum deposit and 1000+ tradable instruments, XM is perfect for all trader levels.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at From 0.6 pips — compare account types before opening
Our Rating
4.3/5.0
Best ForAlgorithmic traders & historical data enthusiasts
Min Deposit$50
FXCM Review Summary
FXCM is a multi-regulated broker with Trading Station, MT4, TradingView access, 1.3 pips (Standard) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- 25+ years in business
- No dealing desk execution
- Strong API for algo trading
- Extensive historical data
Cons
- Spreads wider than ECN competitors
- Limited product range
- No MT5 support
Our Rating
4.4/5.0
Best ForRaw spread traders & Australian forex enthusiasts
Min Deposit$50
Vantage Review Summary
Vantage is a multi-regulated broker with MT4, MT5, Vantage App, TradingView access, 0.0 pips (Raw ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Raw ECN spreads from 0.0 pips
- ASIC and FCA regulated
- ProTrader with TradingView built in
- Fast execution speeds
Cons
- $50 minimum deposit for standard account
- Customer support can be slow during peak
- Limited educational resources
Interested in free trade signals while you research brokers?
Our signal community runs on VT Markets partnership access. Here is the full offer and activation process.
Join @unshakabletraders on Telegram — free signals, copy trading guide, and daily updates
Signals are provided free through our VT Markets partnership. Join the community and the registration link is pinned at the top.
Frequently Asked Questions About 10 Low Spread Forex Brokers
Frequently Asked Questions
A low spread in forex trading is typically considered to be 1.0 pip or less on major currency pairs like EUR/USD. Many ECN and Raw spread accounts offer spreads as low as 0.0-0.2 pips, with a separate commission charge. Standard accounts usually offer spreads from 0.6-1.0 pips without commission.
Yes, low spread brokers are generally better for day trading and scalping strategies. Since day traders execute multiple trades daily, lower spreads significantly reduce trading costs and improve profitability. The savings compound over time, especially for high-frequency traders.
Low spreads is a general term for brokers offering tight pricing, while raw spreads specifically refer to the unaltered interbank spreads passed directly to traders. Raw spread accounts typically charge a separate commission, whereas low spread standard accounts may have no commission but slightly wider spreads.
Low spread brokers that offer raw/ECN accounts typically charge a small commission per lot traded (usually $2-$7 per round trip). However, the total trading cost (spread + commission) is often lower than standard accounts with wider spreads and no commission. Always calculate the total cost before choosing an account type.
To compare total trading costs, add the spread cost (in pips) to the commission (per lot). For example, a broker with 0.0 pip spread and $6 commission per lot may cost the same as a broker with 0.6 pip spread and no commission. Consider your trading volume, strategy, and preferred currency pairs when comparing.
Sources & References
- IC Markets Trading Accounts— IC Markets
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
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.