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Our 2 top picks for zero-spread accounts
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

Exness
Editor's pick- Ultra-tight spreads from 0.0 pips
- Instant automated withdrawals 24/7
- Unlimited leverage options

TIO Markets
Editor's pick- Holds an active FCA registration
- Low $50 minimum deposit
- Familiar MT4/MT5 platforms
Why these two
Of every broker we track, these two stand out specifically for zero-spread accounts — 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 a zero-spread Forex broker?
What Are the Benefits of No-Spread Brokers?
No spread brokers offer several significant advantages that can enhance your trading experience 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.
Zero Spread Broker Stats
| Broker | Link | ||
|---|---|---|---|
| Exness | N/A | $1 | Open |
| TIO Markets | N/A | $50 | Open |
| VT Markets | 0.0 pips | $50 | Open |
| RoboForex | 0.0 pips | $10 | Open |
| FP Markets | 0.0 pips | $100 | Open |
| HFM | N/A | $0 | Open |
| XM | N/A | $5 | Open |
| FXCM | N/A | $50 | Open |
| Vantage Markets | 0.0 pips | $50 | Open |
| BlackBull Markets | 0.0 pips | $0 | Open |
| Hantec Markets | N/A | $10 | Open |
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.

Exness Review Summary
Exness is a multi-regulated broker with MT4, MT5, Exness Terminal, Exness Trade App access, 0.0 pips (Raw) | 0.2 pips (Standard) on EUR/USD, and $1 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Ultra-tight spreads from 0.0 pips
- Instant automated withdrawals 24/7
- Unlimited leverage options
- Free VPS for active traders
Cons
- No cTrader or TradingView integration
- Educational resources are relatively basic
- Not available to US clients

TIO Markets Review Summary
TIO Markets is an Confirm current terms directly broker regulated by FCA (UK). Best suited to Traders who have independently verified current terms and accept the trust concerns disclosed in our review. EUR/USD from From ~1.0 pips (confirm current terms), minimum deposit $50.
Pros
- Holds an active FCA registration
- Low $50 minimum deposit
- Familiar MT4/MT5 platforms
Cons
- FCA entity's company history shows multiple prior name changes (recycled shell)
- Spain's CNMV has issued a public warning about this broker
- One of the lowest scores in our Forex Peace Army research across the full 62-broker dataset
VT Markets Review Summary
VT Markets offers a 100% deposit bonus and raw ECN spreads from 0.0 pips, allowing for precise entry and exit without spread costs, supported by their fast fibre-optic network.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at 0.0 pips — compare account types before opening
RoboForex Review Summary
RoboForex's Prime account offers spreads from 0.0 pips, combined with fast execution and low commissions, making high-frequency trading sustainable.
Pros
- Regulation varies by entity
- Minimum deposit: $10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at 0.0 pips — compare account types before opening
FP Markets Review Summary
FP Markets provides consistently tight spreads, often reaching 0.0 pips on major pairs in their Raw account. Their pricing transparency is industry-leading.
Pros
- Regulation varies by entity
- Minimum deposit: $100
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at 0.0 pips — compare account types before opening

HFM Review Summary
HFM is a multi-regulated broker with MT4, MT5, HFM App access, 1.0 pips (Premium) | 0.0 pips (Zero) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Excellent mobile app functionality with in-app trading
- No minimum deposit required to start
- Zero account features competitive 0.0 pip spreads with low commission
- Massive variety of bonus and promotional programs (outside EU/UK)
Cons
- No proprietary desktop platform (relies on MT4/MT5)
- Account types and regulations can be confusing to navigate
- Not available to US or Canadian traders

XM Review Summary
XM is a multi-regulated broker with MT4, MT5, XM App access, 0.6 pips (Ultra Low) | 1.6 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Outstanding daily webinars and educational courses
- No deposit or withdrawal fees
- Strict no re-quotes policy with 99.35% execution in <1s
- Generous loyalty program and promotions
Cons
- Spreads on Standard account are wider than competitors
- No crypto trading on weekends
- Inactivity fee of $15 applies after 90 days

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

Vantage Markets Review Summary
Vantage Markets excels with its zero-spread accounts and exceptional execution speeds. Their Raw ECN account offers zero spreads on major currency pairs with commissions starting from just $1.50 per lot (one way). The broker also provides strong 24/5 customer support.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at 0.0 pips — compare account types before opening

BlackBull Markets Review Summary
BlackBull Markets offers institutional-grade zero spread accounts, aggregated from top-tier liquidity providers. Great for those needing deep liquidity.
Pros
- Regulation varies by entity
- Minimum deposit: $0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at 0.0 pips — compare account types before opening
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Frequently Asked Questions About 10 No Spread Forex Brokers (Zero Spreads 0.0)
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Sources & References
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- XM Account Types— XM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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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.
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.
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.



