What is a zero spread forex broker?

What is a zero spread forex broker?

A zero spread broker provides raw pricing directly from liquidity providers without marking up the spread. While spreads can hit 0.0 pips during highly liquid times, you pay a fixed commission per trade round-trip for this execution model.

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
A zero spread broker provides raw pricing directly from liquidity providers without marking up the spread. While spreads can hit 0.0 pips during highly liquid times, you pay a fixed commission per trade round-trip for this execution model.

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