Lowest Spread Forex Brokers
Overall, none of the traders would like to be overcharged by high commissions and spreads while trading, thus the basic principle is to make a profit and perform secure trading with initially small costs paid to the broker. Recently with the trend on the NDD and STP brokerage providers, most of the traders allured by the lowest spread possible, or in other words the cost which trader initially pays to the broker.
Of course, it is super necessary to obtain fair trading conditions, yet you as a smart trader should consider all the pros and cons of the particular offering and suit proposal to your trading strategy. As an example, Low spread is crucial to perform scalping or hedging strategy, as it’s lowering the cost since the methods perform a lot of open and close positions during the session. Yet, the traders that hold long term position may require fixed spread, as it eases calculations on costs, as well deliver stability under any market conditions.
- First of all, check carefully on the conditions of Lowest Spread trading providers as the broker may charge an additional fee as a commission per trade.
- Then select only among reputable and well-regulated brokers, as this ensures safety of your funds and fair trading conditions that are constantly overseen by the authorities.
Therefore, at the first step choose among regulated brokers few that suit your current trading need, compare their spread offering as the list below represents brokers with industry lowest spreads and then select the one. It is true that some of the very reputable and fair brokerages may propose a little lower or little higher spread, yet always remember to compare also full offering to find the best deal.
| Broker | Detail | |
|---|---|---|
 Alpari | Min. Deposit: 20 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: SVG FSC, IFSC | Alpari Review |
 FXTM | Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: CySEC,FCA, IFSC, FSCA | FXTM Review |
 FP Markets | Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC | FP Markets Review |
 XM.com | Min. Deposit: US$5 Max. Leverage: 1:30 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, IFSC | XM.com Review |
 AvaTrade | Min. Deposit: 100 US$ Max. Leverage: 400:1 Trading Platforms: MT4, AvatradeGo Regulation: Bank of Ireland, ASIC, JFSA, FSCA | AvaTrade Review |
 Scandinavian Capital Markets | Min. Deposit: 10,000 US$ Max. Leverage: 1:30 | 1:100 Trading Platforms: Currenex, cTrader, MT4 Regulation: Swedish FSA | Scandinavian Capital Markets Review |
 CommSec | Min. Deposit: 500 US$ Max. Leverage: 1:500 Trading Platforms: CommSec, CommSecIRESS Regulation: ASIC | CommSec Review |
 Synergy FX | Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: ASIC | Synergy FX Review |
 MultiBank Exchange Group | Min. Deposit: 50 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: Maximus Platform, ECN PRO Platfrom, MultiBank Pro Platfrom, MT4, MT5 Regulation: ASIC, BaFin, RAK | MultiBank Exchange Group Review |
 Just2Trade | Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5, CQG Regulation: CySEC | Just2Trade Review |