Fixed Spread Forex Brokers

  1. What is Low Spread in Forex Brokers?
  2. Low Spread Forex Brokers
  3. Fixed Spread Forex Brokers List

What is Fixed Spread in Forex Trading?

The trading cost always is the key feature to any trader or investor, as by the end of the day a significant amount can be paid just for the difference between the sell and buy price. It is a fact that typically the trading costs charged by the Broker are built into a difference between the price for a particular instrument or more known as a spread. Read about Spreads on Wikipedia.

  • Initially, there are known two types of spread offering, which is either the fixed spread or the variable or floating spread.
🏦 SpreadFixed Spread typically 1 pip for EUR/USD
💰CommissionNo
📈LeverageYes
📉PositionsSell and Buy

What is Fixed Spreads Platform?

Based on what we found, it is not about the platform. but about the broker, you are trading with. The broker offers certain conditions and offerings through the platforms.

Most often reputable and well-regulated companies offer Fixed Spread to the potential benefit of their traders. Yet, always consider only sharply authorized brokers as the risk to fall under fraud through a non-regulated brokerage offering Fixed Spread opportunity is extremely high due to its loss of obligations towards any laws.

  • The Fixed Spread, as is obvious from the name, is fixed to the particular charge, which remains the same under any market conditions, throughout liquidity or volatility. This model brings a stable trading environment and makes it a way easier to predict or calculate the total trading cost.
  • Fixed Spreads usually offer a wider cost, as the Broker should include in the proposal all risks, rather than the floating spread that changes according to the market conditions.
  • Nevertheless, there are many strategies which demand, in particular, the Fixed spread due to its nature (Read about Xtrade broker) and is a necessary demand within the long-term traders or the beginning ones (Check out Forex Brokers for Beginners).
  • Important to note that it is common for the Fixed Spread Forex Brokers are operating as OTC Brokers or Market Maker Brokers in order to provide liquidity.
Fixed Spreads AdvantagesFiixed Spreads Disadvantages
Easy to calculate trading commissionsFixed spreads are usually higher
Preferable for EA tradersRequotes on the Instant Execution account types
Good for Beginning Traders
No slippage
The spread doesn’t widen during high volatility and low liquidity
You always know the spread size

Top 5 Best Fixed Spreads Forex Brokers

Below you will find a listing of the Best Reviewed Brokers with Fixed Spreads based on our expert review and opinion. We selected these brokers taking into consideration special criteria of being highly regulated with best conditions for fixed spreads:

  • BDSwiss – Best Overall Fixed Spreads Broker 2022
  • IG – Best Fixed Spreads Brokers for Beginners 2022
  • Saxo Bank – Best VIP Fixed Spread Broker 2022
  • XTB – Best MT4 Fixed Spread Broker 2022
  • FBS – Best EA Fixed Spread Broker 2022

What is MT4 fixed spread?

MT4 fixed spreads is a platform representing the broker’s offering including fixed spreads, fixed spreads accounts have a predetermined and stable spread.

USA forex brokers which have fixed spreads

In order to operate in the US broker should strictly adhere to the local regulator. Among the brokers available for US clients with fixed spreads are OANDA and Interactive Brokers. 

List of Fixed Spread Platform Brokers

Here we check and provide list of Fixed Spread Forex Brokers with good regulation and Fixed spreads offering available:

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
1
BDSwiss Review
IG Markets review IG
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, BaFin, FINMA, NFA, MAS, DFSA, FSCA, JFSA, FMA, BMA
2
IG Review
Saxo Bank broker review Saxo Bank
Min. Deposit: $2,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Regulation: DFSA, FCA, ASIC, CBUAE, JFSA, MAS, SFC
3
Saxo Bank Review
XTB broker review XTB
Min. Deposit: no minimum deposit
Max. Leverage: 1:30
Trading Platforms: MT4, xStation 5
Regulation: FCA, KNF, FSC, CNMV
4
XTB Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
5
FBS Review
HFM
Min. Deposit: 0 US$
Max. Leverage: 1:30 | 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP
FP Markets Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review