Lowest Spread Forex Brokers

  1. What is Lowest Spread Broker?
  2. Lowest Spread Forex Brokers
  3. What determines the Spread in Forex?
  4. How do you bet the Spread in Forex?
  5. Lowest Spread Brokers List

What is Lowest Spread Forex Broker?

Lowest Spread Brokers ranked to offer low costs and Spreads compared to other industry offerings. Lowest Spread for EUR USD pair based on our research is around 0.1-0.9pips without commission charge, while the average EUR USD spread is 1.2 pips based on our research data.

  • However, the question might be tricky, you should check full pricing, not only the spreads and take into consideration all fees including spread, swap or overnight fee, commission charges, non-trading fees, deposit fees or withdrawal fees, as well as inactivity charges.

Read about Spread via Wikipedia and see our important notes below.

What is a good spread in forex?
🏦 SpreadLow Spread ranges for EUR USD 0.1- 0.9pips
💰CommissionNo
📈LeverageYes
📉PositionsSell and Buy

What is Lowest Spread Trading Platform?

Based on our analysis and research it is not about the Trading Platform but the Broker offering or account conditions you trade. Fees and Spreads always depend on the Broker Account type, while fees might be built into a spread or offered on a commission basis.

So lowest spread Broker or Platform is ranked as best for Standard Accounts with Spread basis fees, besides, floating and fixed spread are also different. So based on the strategy you use it is not about lowest fees themselves you need to check but which conditions but be more suitable for you trading need.

See some of our important notes on Lowest Spread below:

  • First of all, check carefully all the conditions of Lowest Spread as the broker may charge an additional fee as a commission per trade.
  • Since Forex trading is very demanded now, Broker keen to keep trading fees on Low levels to make its proposal attractive, however not only Low fee determine Good Broker
  • Select only among reputable and well-regulated brokers, to ensure safety of funds and fair trading conditions, since brokers may fake the truth
  • Depending on the trading style, strategy, expertise and operation size the definition of Lowest Spread and trading conditions is very different for each trader along with minimum deposit . Alike fixed spread is higher but might be better for beginners, also for long term strategies since aboiding high fees during volatile times.
  • Low spread is crucial for 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 or commission basis, as it eases calculations on costs

Lowest Spread AdvantagesLowest Spread Disadvantages
Potentially Lower Costs for TradingOnly low spread doesnt determine low fees overall
Reduced Trading FeesLow spread doesnt mean better Broker
Low Spreads are attractive for TradersLowest Spread based on the strategy
Lower Spreads means price is close to Interbank quotesLowest Spread is not 0 pips
Low spreads Brokers are good for Auto trading and Robot TradingFloating spread is not stable Low, can be very high at times
Allowing to run scalping and hedging successfullyDuring volatile conditions spreads much higher

Best Lowest Spread Forex Brokers

Here we made a selection of Lowest Spread Brokers by category with some of the best-reviewed by our experts trading conditions, trustable standards and quality operation overall together with Low Spreads for Standard accounts:

  • HFM – Best Overall Lowest Spread Broker 2024
  • BlackBull Markets – Best Lowest Fixed Spread Broker 2024
  • FP Markets – Best MT4 Lowest Spread Broker 2024
  • Eightcap – Best for Beginners Lowest Spread Broker 2024
  • BDSwiss – Best EA Trading Lowest Spread Broker 2024

What determines the Spread in Forex?

Spread is a difference between sell or buy price determined by the two parts, first is interbank spread for currency pair and second part is trading broker markup, since brokers adds on some margin above the interbank or raw spread, usually representing a broker’s cost.

How do you bet the Spread in Forex?

Spread bet is available only in the UK, where traders choose the direction of price up or down, which also does not mean 0 or free Spread trading. Mainly, Spread Betting Brokers offer an opportunity for traders to use other trading option rather than release for

Which Broker has the Lowest Spread?

Based on our research Low spread Forex Brokers compared to others are ActivTrades, CMC Markets, Capital.com however check full conditions and instrument trading fees you wish to trade, also entity under which you will trade. 

List of Forex brokers with Lowest Spread

See our selection and list of Forex Brokers with Lowest Spread conditions based on our ranking and findings, also with real traders review:

Broker Detail
Darwinex Review Darwinex
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA
Darwinex Review
Alvexo Review Alvexo
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: Alvexo WebTrader, MT4
Regulation: FSA, CySEC
Alvexo Review
Velocity Trade Logo Velocity Trade
Min. Deposit: $0
Max. Leverage: from 1:30 up to 1:500
Trading Platforms: MT4, PFSOFT
Regulation: ASIC, FCA, IIROC, FMA, BaFIN, FSCA
Velocity Trade Review
X Open Hub Review X Open Hub
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, XOH Traders
Regulation: FCA
X Open Hub Review
City Credit Capital Review City Credit Capital
Min. Deposit: $500
Max. Leverage: 1:30
Trading Platforms: MarketsTrader, MT4
Regulation: FCA
City Credit Capital Review
KVB Global
Min. Deposit: $0
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, ForexStar, KVB EFX Platform
Regulation: ASIC, FSP, MSB
KVB Global Review
Hirose Financial Review Hirose Financial
Min. Deposit: $20
Max. Leverage: 1:30
Trading Platforms: MT4, LION Trader
Regulation: FCA
Hirose Financial Review
LMAX Exchange Review LMAX Exchange
Min. Deposit: $10,000
Max. Leverage: 1:30 | 1:500
Trading Platforms: LMAX Exchange Proprietary Platform, MT4/MT5 bridges
Regulation: FCA, CySEC, FSP
LMAX Exchange Review
Pacific Financial Derivatives
Min. Deposit: $0
Max. Leverage: 1:100 | 1:300
Trading Platforms: MT4
Regulation: FMA
Pacific Financial Derivatives Review
Global Market Index GMI Review GMI
Min. Deposit: US$25
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, Alpine Trader, ClearPro, MTF, Currenex
Regulation: FCA, VFSC
GMI Review