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BlogWhich forex brokers have the lowest spreads in South Africa?
Top FSCA-regulated brokers offering the lowest spreads typically provide raw ECN accounts where spreads on EUR/USD start at 0.0 pips, with a transparent commission (e.g., $3-$7 per lot). Always factor in both spread and commission when calculating costs.
What this looks like across the brokers we track
Across the 42 brokers BrokerAnalysis tracks, the median EUR/USD spread is 0.5 pips, ranging from 0.0 to 1.5 pips, with 36 figures taken from the broker's own published specification.
Measured across 42 entities in the BrokerAnalysis dataset. See the full broker comparison
Answer
Top FSCA-regulated brokers offering the lowest spreads typically provide raw ECN accounts where spreads on EUR/USD start at 0.0 pips, with a transparent commission (e.g., $3-$7 per lot). Always factor in both spread and commission when calculating costs.
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