Broker Analysis

Lowest Spread Forex Brokers

Each month, the team compare the published average spreads of ASIC regulated forex brokers. We combined these findings in January 2025 with our own tests to determine the lowest spread forex brokers for Australian traders.

Our list of thge best low cost ASIC regulated prokers is:

  1. Eightcap – Lowest Spread Australian Forex Broker
  2. IC Markets – Lowest Spread Standard Forex Account
  3. Fusion Markets – Lowest Commission Forex Brokers
  4. Pepperstone – Best Execution Speed 0 Spread Forex Broker
  5. AvaTrader – Good Low Spread Day Trading Broker
  6. IG – Low Spread Broker With Wide Range Of Markets
  7. eToro – Best Low Spread Copy Trading Broker
  8. ThinkMarkets – Low Cost Stockbroker + CFD Broker
Broker Review
Our Rating
Regulation
Raw EUR/USD Spread
Raw GBP/USD Spread
Raw AUD/USD Spread
Commissions (USD Base)
Standard EUR/USD Spread
Standard GBP/USD Spread
Standard AUD/USD Spread
MetaTrader 4
MetaTrader 5
cTrader
Execution Speed
Minimum Deposit
Currency Pairs
Crypto CFDs
Retail Leverage
Prof. Leverage
Visit Broker
91
MAS, CIRO, ASIC FCA, NFA/CFTC
-
0.2
0.2
-
0.92
0.9
1.1
-
$0
68
4
-
-
98
ASIC, FCA, DFSA
0.10
0.30
0.20
$3.50
1.10
1.30
1.20
77ms
$0
83
20
30:1
500:1
73
FCA, FSCA ASIC, FSA-S, CySEC
0.11
0.23
0.24
$3.50
1.1
1.3
1.1
161ms
$0
46
27
30:1
500:1
93
ASIC, FSA-S CySEC
0.02
0.23
0.03
$3.50
0.82
1.03
0.83
134ms
$200
61
23
30:1
500:1
86
ASIC,CySEC, FSA-S FSCA,FSC-M, CMA
0.2
0.29
0.21
$3.00
1.2
1.4
1.3
225ms
$100
63
11
30:1
500:1
61
ASIC, CySEC, MAS FCA, FMA, DFSA EFSA, FSA, FSCA
-
-
-
-
1.2
1.7
1.1
140ms
$100
65
18
30:1
300:1
48
ASIC, CySEC, MFSA FCA, FSA, FINRA
-
-
-
-
1.0
2.0
1.0
130ms
$200 (Australia), $50-$100 (EU)
49+
93
30:1
400:1
59
FCA, FSCA CySEC, SCB, FSCM
0.2
0.21
0.31
$3.50
1.4
1.7
1.9
151ms
$100
69
28
30:1
200:1

Who Are The Lowest Spread Forex Brokers?

We combined all the published spreads of the ASIC regulated forex brokers in Australia and then did our own testing using EAs to determine which trading accounts have the lowest spreads. This was done for both standard accounts and RAW accounts with recommendations done for each account class.

1. Pepperstone

0 Spread Forex Broker With Fast Speeds

Forex Panel Score
98
Average Spread
Trading Platforms

MT4, MT5, cTrader, TradingView, Pepperstone Trading App

Minimum Deposit

$0

Why We Recommend Pepperstone

Pepperstone earned an impressive 97/100 in our evaluation, standing out for its swift execution speed and zero spreads, with trades on the MT4 platform completing in just 77ms on average. View our execution speed test page to see the methodology to how we tested broker speeds.

Notably, Pepperstone’s Razor account offered zero spreads on EUR/USD throughout our testing period, making it an excellent choice for scalpers.

The diverse range of trading platforms, including MT4, MT5, cTrader, TradingView, and third-party apps like Capitalise.ai and DupliTrade, impressed us. Whether you prefer automated, chart, or copy trading, Pepperstone provides the right software for your needs.

Our analyst, Ross Collins, used our RAW account with Pepperstone to test the broker’s execution on the MetaTrader 4 platform and compared the results against 14 other brokers.

Ross’ findings were impressive. Pepperstone achieved an outstanding 77 ms limit order execution speed, which ranked as the fastest out of all the brokers we tested.

This exceptional execution speed is crucial, as it directly impacts how swiftly your pending, stop loss and take profit orders are executed. In fast-moving markets, where every millisecond counts, Pepperstone’s lightning-fast execution can be the difference between securing a profitable trade and missing an opportunity entirely.

OverallBrokerLimit Order Speed
1Pepperstone77
2Fusion Markets79
3IC Markets134
4Eightcap143
5ThinkMarkets161
6IG174

Pepperstone advertises zero-pip spreads on its RAW accounts, so we tasked our analyst Ross Collins with verifying whether this claim holds true and how frequently these favourable spreads are available.

Ross found that Pepperstone provided 0.0 pip spreads on its major currency pairs 100% of the time, which is an excellent achievement. This zero-spread structure eliminates one of the most significant trading costs, potentially increasing your profitability by allowing you to capture more of the market’s movements without the burden of spread-related expenses.

BrokerAUDUSDEURUSDGBPUSDUSDCADUSDCHFUSDJPYGrand Total
Pepperstone100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Zero Spread Testing
BrokerTime At Minimum Spread
Pepperstone100%
City Index100%
Fusion Markets98.55%
ThinkMarkets97.93%
IC Markets97.83%
TMGM97.83%
FP Markets97.83%
Eightcap97.83%
Admirals95.60%
Blueberry Markets94.20%
GO Markets87.68%
BlackBull Markets86.96%
GO Markets87.68%
Axi82.61%
CMC Markets81.88%

Only Pepperstone and City Index achieved top marks in our testing, reinforcing that Pepperstone is the top broker for zero spreads.

pepperstone account types brief australia

 

2. Eightcap

Lowest Spread Forex Broker In Australia

Forex Panel Score
96
Average Spread
Trading Platforms

MT4, MT5, TradingView

Minimum Deposit

$100

Why We Recommend Eightcap

As one of our top-rated brokers, Eightcap secured a score of 67/100 in our evaluation. Notably, its low RAW average spreads, averaging 0.06 pips, outshine the industry average of 0.22 pips and stay at 0.0 pips 97.83% of the time outside rollover. This translates to lower trading costs, enhancing overall profitability.

We think the inclusion of diverse trading platforms, such as TradingView, MT4, and MT5, further contributes to Eightcap’s appeal.

Lastly, we should mention that Eightcap has 95 cryptos to choose from, far exceeding their competitors.

We like TradingView and think it’s one of the best platforms for technical analysis thanks to its impressive catalogue of 110+ indicators, which is always growing and being updated. In our experience, no other platform offers such routine updates to its platform, let alone improving its indicator choice.

One standout feature we appreciate is that the charts sync across all your devices, meaning your analysis performed on mobile will be available on your desktop and vice versa. This eliminates the need to replicate your analysis across different devices, which can be a hassle with platforms like MetaTrader 4, where charts are saved locally on the device.

From our testing, we found Eightcap to have tight RAW spreads, averaging 0.06 pips on EUR/USD, lower than the industry average.

Since the spreads are near zero, Eightcap charges a commission of $3.50 per lot traded. This commission-based pricing model offers transparency and predictability in trading costs (even in volatile markets), enabling you to manage your risk and expenses better if you are an active trader.

We also explored the markets available to trade on Eightcap, covering a range of markets, including 56 currency pairs, 586 shares, 16 indices, eight commodities, and 95 crypto markets. Eightcap’s cryptocurrency offering stood out to us as it is the largest selection we’ve found from a forex broker, giving you a decent platform to test the crypto market waters.

Eightcap Account Types and Products

3. IC Markets

Lowest Spread Forex Standard Account

Forex Panel Score
93
Average Spread
Trading Platforms

MT4, MT5, cTrader, TradingView, IC Markets Mobile App

Minimum Deposit

$200

Why We Recommend IC Markets

We gave IC Markets an impressive 84/100 in our evaluation. Notably, their average spread when you combine the major pairs is just 0.16 pips for their RAW account, over 50% better than other brokers tested which you can view on our standard spread testing page.

Enjoying these low spreads is made easy on the MetaTrader 5 (or MetaTrader 5, cTrader and TradingView), a user-friendly platform with over 30+ indicators and convenient features like one-click trading, making IC Markets a compelling choice for traders seeking efficiency and cost-effectiveness.

We think the MetaTrader 5 platform pairs nicely with IC Markets as the broker allows you to fully utilise all of MT5’s features, such as the depth of market tools. These tools provide valuable insights by displaying the order book and revealing an instrument’s real-time supply and demand.

This level of transparency can be invaluable for identifying potential entry and exit points and gauging market sentiment. We think MetaTrader 5 is an excellent choice for traders seeking advanced technical indicators and order-flow management.

While exploring MetaTrader 5, we found that it offers a decent choice of 38+ indicators by default, along with over 20+ drawing tools. With access to indicators such as moving averages, MACD, RSI, and Bollinger Bands, you’ll find a solid foundation to develop a trading strategy on the MT5 platform.

As for trading costs, we found the RAW spreads exceptionally low, averaging a mere 0.02 pips on the EUR/USD pair, slightly lower than Eightcap’s.

BrokerEUR/USD
IC Markets0.02
Eightcap0.06
Pepperstone0.1
ThinkMarkets0.1
Fusion Markets0.13
IG0.16
Industry Average0.22

The broker also maintained excellent spreads across other major pairs, averaging 0.16 pips, the lowest major average spread we tested. Based on these results, IC Markets is our top choice if you focus on trading the forex markets.

Top 5 (EUR/USD. USD/JPY, GBP/USD, AUD/USD, USD/CAD) Average Spread
BrokerMajor Pair Average Spread
IC Markets0.16
Fusion Markets0.17
ThinkMarkets0.20
Eightcap0.30
IG0.32
Pepperstone0.44
Tested Average0.44

ic markets trading platforms

4. ThinkMarkets

Low Cost StockBrokers + CFD Broker

Forex Panel Score
73
Average Spread
Trading Platforms

MT4, MT5, TradingView, ThinkTrader

Minimum Deposit

$0

Why We Recommend ThinkMarkets

In the Forex brokerage arena, ThinkMarkets stands out for its unique offering of shares and ETF investing alongside CFD products.

With the ThinkTrader app, you can invest in over 3,100 ASX shares at just $8 per trade, in addition to trading 46 Forex pairs, 352 ETFs, 17 indices, 27 cryptos and even futures, metals, and energies with MT4 and MT5.

Boasting low average spreads, starting from just 0.1 pip on EUR/USD, ThinkMarkets provides a cost-effective trading environment, particularly beneficial for those employing frequent automated strategies.

We like ThinkMarkets’ extensive offering of over 3,000 markets for trading CFDs, shares, and Exchange Traded Funds. This broad range provides ample opportunities for diversification and exposure to various asset classes, catering to traders with diverse preferences and risk appetites.

Our tests found that ThinkMarkets covers most major markets, including 47 currency pairs, 59 ETFs, 23 indices, and 15+ commodities, ensuring that traders can access various instruments to suit their trading strategies.

We found ThinkMarkets trading costs to be reasonable. The $8 per trade charge and small spreads, which vary for each share, offer a competitive pricing structure.

For instance, during our tests, we observed a spread of $0.03 on Amazon shares, which is quite favourable compared to the industry average. This cost-effective approach can help lower your share dealing costs, improving your profit margin.

When it comes to the broker’s other markets, we were pleased with the competitive spreads on offer. The standard account provides spreads as low as 1.1 pips on the EUR/USD pair without commission.

If you want even tighter spreads, the ThinkZero account is an attractive option, offering average spreads from 0.1 pips on EUR/USD. While this account charges a commission of $3.50 per lot traded, it aligns with the industry average, balancing spread costs and commissions.

5. Fusion Markets

Lowest Commission Forex Broker

Forex Panel Score
92
Average Spread
Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit

$0

Why We Recommend Fusion Markets

Fusion Markets impresses with a high score of 79/100 in our evaluation, primarily for its exceptional trading experience marked by low RAW spreads and commissions. The average RAW spread of just 0.22 pips on EUR/USD showcases cost-effectiveness. Notably, their RAW account commission, at only $2.25 per lot, stands significantly below the industry average by $1.10 per lot.

With low costs and a favourable trading environment, Fusion Markets emerges as a top choice for those seeking exceptional value in their trading journey.

 

While exploring MetaTrader 5, we found that it offers a decent choice of 38+ indicators by default, along with over 20+ drawing tools. With access to indicators such as moving averages, MACD, RSI, and Bollinger Bands, you’ll find a solid foundation to develop a trading strategy on the MT5 platform.

BrokerUSD
Fusion Markets$2.25
Pepperstone$3.50
EightCap$3.50
IC Markets$3.50
ThinkMarkets$3.50

This low cost can help maximise your profits by minimising the impact of commission fees on your overall trading costs, especially if you are a high-volume trader.

To test Fusion Markets’ spreads, we opened a Zero account, which is their commission-based trading account with tight spreads.

Our analyst, Ross Collins, used this account to assess Fusion Markets’ average spreads and found that they provide highly competitive raw spreads, averaging 0.16 pips on the EUR/USD pair. You can view his full analysis that required opening trading accounts with the most popular brokers on our tight spread page.

EURUSDAverage Spread
Fusion Markets0.16
IC Markets0.19
Pepperstone0.19
EightCap0.2
ThinkMarkets0.22

Typically, if something is cheap, you’d be right to wonder what the broker is missing. Well, we found the broker well-rounded, offering over 300+ markets covering all major markets, from forex to equities. Although this is below the industry average for choice, it still covers the major and popular instruments – allowing you to benefit from the low commissions on the most liquid markets.

Plus, the broker’s execution speeds are fast. We found the broker to achieve a limit order speed of 79 ms, a fraction slower than Pepperstone, but the market order execution speed was the fastest at 77 ms. With fast execution speeds, the lowest trading costs, and access to major markets, we think Fusion Markets places itself as a top broker for scalpers.

6. eToro

Low Spread Copy Trading Broker

Forex Panel Score
48
Average Spread
Trading Platforms

eToro Trading Platform

Minimum Deposit

$500

Why We Recommend eToro

eToro stands out with a unique focus on a Copy Trading experience rather than the traditional approach. Through the CopyTrader platform, you can automatically replicate the trades of experienced traders, making it an ideal tool for those seeking high-risk trading without the need for personal expertise.

eToro average spreads of just one pip on EUR/USD, with no additional commission costs impressed us. Lower spreads translate to reduced trading costs, a crucial factor for maximising profitability in your trading journey.

eToro’s web platform is designed for social trading, allowing us to find and follow traders and discuss the latest trends, current markets, or strategies with other traders.best social copy trading awards 2025

During our testing, the platform reminded us of Facebook and how we engaged with other traders on their profiles rather than in an open forum. This feature can be valuable for networking with experienced traders, especially for beginners, as it provides a unique opportunity to observe, learn, and interact directly with them.

Alternatively, we tried eToro’s CopyTrader feature, which enables mirroring a trader’s positions. This functionality is particularly useful if you lack extensive trading experience or prefer a more hands-off approach, as it allows you to leverage successful traders’ expertise without making intricate trading decisions themselves.

With features that simplify filtering eToro’s community of 30,000,000 traders, we could fine-tune the criteria to find traders who meet our requirements. This made finding traders to copy straightforward; when we did our due diligence, we knew the traders had already met our requirements. We could then allocate our funds via a percentage with eToro’s Copy tools, making it easy to fund and manage the Copy Traders.

As a broker focused on its trading platform, we were impressed with eToro’s competitive spreads, averaging one pip on EUR/USD and commission-free trading on stocks. We think this setup makes social trading better by letting traders follow their chosen strategies without high fees or commissions.

eToro Account type for Australian traders

7. AvaTrade

Good Low Spread Broker For Day Trading

Forex Panel Score
68
Average Spread
Trading Platforms

MT4, MT5, AvaTradeGo, AvaOptions

Minimum Deposit

$100

Why We Recommend AvaTrade

AvaTrade is a decent broker and one of the few that offers fixed spreads on its markets, something other brokers seem to avoid. Interestingly, AvaTrade has a fixed spread of 0.9 pips on EUR/USD, lower than the industry average of 1.8 pips. More importantly, it is cheaper than variable spread brokers like FXCM and Tickmill.

Unusually for a market maker, they allow scalping, day trading and even social and copy trading. Lastly, we should mention that they have options trading with the AvaOptions mobile app, something few other brokers offer.

If you engage in day trading or prefer to capitalise on volatile markets, we believe AvaTrade is an excellent choice, thanks to its fixed spreads with no commission structure.
lowest fixed spread broker award 2025
We used AvaTrade’s Standard account during our testing and found that they offered a spread of 0.9 pips on the EUR/USD pair. While this may appear more expensive than other spreads in this list, it’s important to remember that there are no additional commissions.

In fact, we found their fixed spreads to be highly competitive, as they remain consistent even during volatile market conditions and price spikes. This stability can potentially save you money when day trading, as you won’t be subject to fluctuating spreads that can widen during periods of increased volatility.

BrokerSpread*Fixed or Variable
IC Markets0.62Variable
AvaTrade0.90Fixed
Fusion Markets0.93Variable
Eightcap1.00Variable
eToro1.00Variable
ThinkMarkets1.10Variable
Pepperstone1.12Variable
IG Group1.13Variable

With the AvaTrade Standard account, you can access several platforms, including MT4, MT5, Web Trader, AvaTradeGO, and AvaTrade Options.

We tried the AvaTrade Web Trader, which featured an impressive market sentiment tool that integrated with the current market you were analysing. These sentiment tools can provide valuable insights by allowing you to gauge where AvaTrade’s clients believe the market will move.

For example, if over 60% of traders anticipate a rise in the EUR/USD pair, this is telling you most of AvaTrade’s clients are long on the major.

We believe tools like this can be especially beneficial for day traders, as they offer a quick and easy snapshot of market participants’ sentiment, which can be a valuable input when executing time-sensitive trades.

avatrade brief account types and products

8. IG

Low Spread Broker For Exotic Markets

Forex Panel Score
78
Average Spread
Trading Platforms

MT4, TradingView, IG Trading Platform, L2 Dealer

Minimum Deposit

$0

Why We Recommend IG Group

IG Group is one of the biggest names in forex trading for having 17,000+ markets to trade, one of the largest range of markets of all brokers. Not only can you trade more Forex pairs, stocks, indices and hard and soft commodities than most CFD brokers offer, but you can also trade futures, options, sectors and interest rates. And spreads are low because there are no commission costs.

IG Group offers an impressive 17,000+ markets, which stands out as the largest range we’ve seen from a CFD broker. In our tests, we found the broker to have 80+ FX pairs, 12,000+ stocks, 130 indices, 41 commodities, 6,000+ ETFs, and 7,000+ options markets.

Having a wide array of markets available through one account simplifies the trading process. It allows you to switch between markets without juggling multiple accounts or platforms, which can be critical in capitalising on market volatility across multiple assets.

In our tests, we found that IG Group only provides a Standard account, which is a spread-only account without commissions, as the commission is incorporated into the spread.

When testing the Standard account’s spreads across forex markets, we were pleased to discover that they were low compared to industry averages. Specifically, the broker averaged 1.13 pips on the EUR/USD pair, putting it on par with other low-spread brokers like Pepperstone.

BROKEREUR/USD
IC Markets0.62
Fusion Markets0.93
Eightcap1
ThinkMarkets1.1
eToro1
IG1.13
Pepperstone1.12
Industry Average1.24

We liked that IG Group offers several trading platforms, including MetaTrader 4, the IG Group Trading Platform, L2 Dealer, and ProRealTime. However, if you aim to maximise IG Group’s benefits, we recommend their proprietary IG Trading Platform as the top choice. This platform has over 40 indicators and trading signals from Autochartist and PIA First, specialists in technical and price action trading.

Broker Analysis Education

Brokers compared
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Hours researched
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What is a zero-spread broker?

A zero-spread forex broker offers Zero Spread Accounts for currency pairs (or attempts to). Brokers that offer 0 pip forex trading typically offer ECN accounts with no dealing desk for direct access to the interbank market.

A spread is the difference between the bid and ask prices measured in pips or fractions of a currency.

The best zero-spread brokers we’ve reviewed include Pepperstone, FP Markets and ThinkMarkets.

Pros and Cons of Zero Spread Accounts

Pros

Cons

While zero-spread accounts seem appealing, there are some disadvantages you should be aware of, along with the obvious advantages.

As such, we have summarised most pros and cons below:

Pros

  • Low Spreads: Spreads can be as low as 0 pips or 0.1 pips, which is very low.
  • Cost Transparency: With fixed commissions per trade, the costs are transparent
  • Suited for Scalpers: You can profit from small price movements with low spreads
  • Stable during news events: During news events, market volatility tends to increase, leading to wider spreads so zero spread accounts remain relatively stable in these market conditions

Cons:

  • Higher costs: having commissions could increase your overall trading costs
  • Higher minimum deposit: your minimum deposit could be higher than a Standard account
  • Not suited for certain trading strategies: For those who rely on technical analysis and use wider stop-loss levels, the absence of spreads may not make a significant differenceWhat are the lowest spread forex pairs?

The lowest spread forex pairs tend to be the Major Forex Pairs, as these are the most traded and liquid markets globally. The major currency pairs include those paired with the USD, which are:

  • EUR/USD
  • USD/JPY
  • GBP/USD
  • USD/CHF
  • USD/CAD
  • AUD/USD

Are low-spread brokers trustworthy?

Mostly yes. Low-spread and zero-spread brokers are often regulated but can also be unregulated or regulated off-shore. Look for a broker regulated in your country and then look at online reviews and see what feedback there is about the broker.

What is the difference between RAW and Standard Account?

Standard and Raw Spread Forex Account have a few key differences. The main difference is that a Standard account offers commission-free trading while a RAW account charges commission fees.

We have listed the key differences below:

  • Spreads: Standard accounts tend to have wider spreads than RAW accounts due to markup
  • Commission fees: RAW accounts charge commissions per trade while Standard accounts don’t
  • Minimum deposit: Standard accounts tend to require lower minimum deposits than RAW accounts
  • Other trading fees: RAW accounts sometimes have other costs such as deposit and withdrawal fees, while Standard accounts tend not to
  • Different Trading Platforms: RAW accounts often provide access to more trading platforms than a Standard account

F.A.Q.

Low forex trading spreads mean having as close to zero competitive spreads as possible. Having low spreads (especially in a retail investor account) is an important factor in keeping your trading costs low as it allows you to maximise your profits when trading on the forex market.

Yes, low spreads are a significant factor when trading with High Leverage Forex Brokers. Leverage will amplify your costs as you are trading with more money, and there is a cost each time you trade.

Therefore, having low spreads will help minimise the potential costs and maximise the potential profits of your trades.

Neither ECN nor Market Maker forex brokers are better or worse; it simply comes down to preference. Market makers (I.E. liquidity providers) provide quotes and take the other side of your trade, tending to offer commission-free accounts with wider spreads.

ECN forex brokers, on the other hand, connect you with liquidity providers and tend to offer commission-free and zero-spread account types with commissions.

Yes, low spreads are good for the Best Brokers for Scalping. Scalping involves profiting from small price movements within a short period and low spreads allow you to capitalise on these incremental price changes over many short trades.

While zero-spread accounts are good for beginners, we recommend commission-free or Standard accounts for inexperienced traders. The Best Brokers for Beginners.

In forex trading, a Lowest Fixed Spread Brokers account is where the spreads do not change regardless of market conditions or volatility. You know exactly what you will pay for each time you trade, regardless of interbank liquidity, time of day or trading volumes.

Yes, low spreads are important for copy trading as you directly copy someone else’s trading strategy, not manually executing your trade. Pepperstone, eToro and IC Markets offer the best copy trading platforms.

Background On This Low Spread Forex Broker Comparison

This comparison was made based on the published forex broker average spreads at the time this article was created and revised. Many high-profile brokers from HotForex, FBS, NovaFX, VantageFX, and Forex.com were not included primarily due to the lack of standard spread forex information. This includes providers who claim to have zero spread accounts or floating variable spreads but won’t publish average spreads. There are also country-specific low-spread comparisons for other regions from Canada, UK to the USA at the bottom of the page regulated by local authorities such as the FCA.

Your spread forex cost is one of the most important factors to consider when choosing a broker. You pay a spread cost each time you open and close your trading position with a difference between the bid/ask price. money lost These costs can add up very quickly, especially if you are a high-volume trader, scalper or trade with high leverage, and for this reason, you want to select a low-spread forex broker.

Brokers that connect you with liquidity providers with no dealing desk tend to have the lowest spread costs. They use technologies such as Straight-through processing (STP) or electronic communication networks (ECN) which means you are getting the best prices the liquidity providers have to offer without price intervention from the broker. For this reason, you pay commissions which allow the broker to avoid widening their spread to recover the money lost.

Forex market conditions can impact capital markets impacting the asking price and sell price spreads. This can lead to the actual spreads being quite different from the average spread which will be displayed by the forex broker. Before you start trading, understand the risks of leverage and CFD trading first.

Forex BrokerType Of SpreadEUR/USD SpreadsAUD/USD SpreadsCommission (USD)
Fusion MarketsECN Account0,120.22$2.25
IC MarketsECN Account0.100.20$3.50
FP MarketsECN Account0.100.22$3.00
PepperstoneECN Account0.090.17$3.50
FXTMECN Account0.400.70$4.00
Plus500Standard Account0.800.80N/A
HotForexStandard Account0.902.30N/A
IGStandard Account0.290.68N/A
eToroStandard Account1.001.00N/A
FxProStandard Account1.581.96N/A
AvaTradeFixed Spread Account0.901.10N/A

This table lists the published spreads that brokers list on their websites. These spreads are for ECN style (sometimes called a zero spread account) trading account which means traders will pay a commission to open and close their position. Spreads are lower than standard accounts as there is no dealing desk and because the spreads do not include commission costs in the spread.

low spread forex brokers in 2025 list
low spread forex brokers in 2025

Disclaimer Note: While Leverage products can increase your profits, they can also result in large losses, traders should therefore be aware that trading with leverage carries a high level of risk.