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Raw Spread Forex Brokers Review
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Written by:
George Rossi -
Updated:
- What is Raw Spread Broker?
- Top Raw Spread Brokers in 2025
- Raw Spread Platform
- Key Features of a Reliable Raw Spread Broker
- List of Brokers offering Raw Spread
- How to Choose the Best Raw Spread Broker?
- How to Trade with Raw Spread Brokers?
- Understanding Costs Beyond the Spread
- Frequently Asked Questions
What is Raw Spread Broker?
A Raw Spread Forex Broker offers accounts with ultra-low spreads starting from 0.0 pips, while charging a fixed commission per trade. In Forex trading, the spread represents the difference between the bid and ask prices of a financial instrument.
With a Raw Spread Account, users receive pricing that closely reflects real market conditions, as quotes are sourced directly from liquidity providers such as banks, financial institutions, and prime brokers. This pricing is similar to what is available in the interbank or exchange market, without additional markups applied by the broker.
Raw spreads can fluctuate depending on market liquidity, volatility, and trading sessions, meaning spreads may widen during periods of low liquidity or high market uncertainty. To support this transparent pricing structure, Raw Spread Brokers typically operate using an ECN or STP execution model, ensuring direct market access, fast execution speeds, and minimal conflicts of interest.
This type of account is particularly popular among professional traders, scalpers, and algorithmic traders who prioritize tight spreads, accurate pricing, and efficient trade execution.
Top Raw Spread Brokers in 2025
We have compiled a selection of top brokers offering Raw Spread Accounts with pricing based on interbank rates. This list has been carefully reviewed and curated by our financial experts, taking into account each broker’s conditions, execution quality, transparency, and overall reliability.
Our evaluation also considers factors such as regulatory compliance, liquidity depth, platform performance, fees and commissions, and the level of protection offered to clients.
We highly recommend trading only with fully regulated and well-established brokers, as proper regulation helps ensure fair trading practices, fund security, and adherence to strict operational standards.
Choosing a regulated Raw Spread Broker reduces the risks associated with Forex trading, including price manipulation, poor execution, and lack of investor protection, allowing traders to focus on strategy and performance with greater confidence.
- HFM – Best Overall Raw Spread Broker 2025
- BlackBull Markets – Best Raw Spread Broker for Beginners 2025
- FP Markets – Best Raw Spread MT4 Broker 2025
- XM – Best Copy Trading Broker with Raw Spread 2025
- Fusion Markets – Best EA Broker for Raw Spread 2025
Raw Spread Platform
Raw Spread accounts are quite popular among retail traders, but they depend on the Broker Offering, since some offer Raw Spread based on Interbank quotes, and some offer Zero Spread accounts, which are defined by the Broker himself.
So, to choose the right Forex Broker or its platform with raw spreads, it is important to check brokers’ eligibility and offerings that are suitable for your needs.
Here are some important notes and findings of Raw Spread Platforms:
- Generally, raw spreads are very similar to zero spreads. However, there is a difference between them, since there are different conditions offered by the Broker, as well as trading execution mainly using real ECN or NDD respectively: zero spreads offer ultra-low spreads starting from 0.0 pips, and raw spreads are based on the interbank rates (which also may be 0 at some time and be wider too)
- Another difference between raw and zero spreads is the commissions charged per trade. For zero, commissions start from 0.2/lot per size, while for raw, it is higher, 3.5/lot per side, based on our findings.
- Raw spread accounts also differ from standard accounts. The difference is that mainly raw spreads have fixed commissions, whereas, in the case of standard accounts, fees are built into spreads. Based on our findings, commission commonly starts from USD 3.5/lot per side.
- In our opinion, raw spreads are mostly suitable for professional traders, since the spread-only basis is easier to calculate and understand for beginning traders.
| 🏦 Spread | Interbank quotes From 0.0 pips |
| 💰Commission | Yes |
| 📈Leverage | Yes |
Key Features of a Reliable Raw Spread Broker
A reliable Raw Spread broker is characterized by transparency, strong regulation, and consistent execution quality.
- Such brokers provide direct market access through reputable liquidity providers, ensuring accurate pricing and minimal slippage under normal market conditions.
- They operate under well-recognized regulatory authorities, which helps protect client funds through segregation and strict compliance standards.
- Advanced trading infrastructure, including stable servers, fast order execution, and support for professional platforms, is essential to maintain performance during both normal and volatile market conditions.
- Clear and competitive commission structures, with no hidden markups or conflicts of interest, further enhance trust.
- In addition, reliable Raw Spread brokers offer robust risk-management tools, comprehensive customer support, and educational resources, making them suitable for both experienced and active traders who require precision, fairness, and consistency in their trading environment.
List of Brokers offering Raw Spread
Here is a full list of Raw Spread Brokers with a regulated environment for funds safety; however, we recommend checking conditions fully:
| Broker | Detail |
|---|
How to Choose the Best Raw Spread Broker?
Choosing the best Raw Spread broker requires careful evaluation of several key factors to ensure both safety and trading efficiency.
- First, verify the broker’s regulatory status and the jurisdictions in which they operate, as this determines the level of investor protection and legal oversight.
- Assess the broker’s trading conditions, including spreads, commissions, minimum deposit requirements, leverage options, and execution speed, to ensure they align with your trading style and goals.
- The quality and reliability of platforms and technology infrastructure are also crucial, as they impact order execution, charting, and analysis capabilities.
- Additionally, examine the broker’s customer support, account types, deposit and withdrawal processes, and additional services such as educational resources or market research.
- Reviews and feedback from other traders can provide practical insights into the broker’s reliability and transparency.
By thoroughly considering these aspects, traders can select a Raw Spread broker that combines competitive pricing with trustworthiness and robust support.
| Raw Spread Trading Advantages | Raw Spread Trading Disadvantages |
|---|---|
| Spreads as low as 0 pip | Commissions charged |
| Faster Trade Execution | EA robots are less accurate on Raw Spread |
| No Restrictions on Trading Strategies | Potential Slippage |
| Flexible Lot Sizes | |
| No limits on Position Numbers | |
| No requotes |
How to Trade with Raw Spread Brokers?
Trading with Raw Spread brokers involves understanding how tight spreads and commission-based pricing affect your strategy and overall costs.
- Since Raw Spread accounts offer minimal markup on bid-ask prices, traders can take advantage of tighter entry and exit points, which is particularly beneficial for scalping or high-frequency strategies.
- Effective risk management is crucial, as spreads can widen during periods of low liquidity or high volatility, which may impact stop-loss or take-profit orders.
- Users should also leverage the broker’s execution speed and advanced tools, such as automated trading systems, charting features, and market analysis, to optimize trade planning and execution.
- Regular monitoring of market conditions, liquidity, and trading sessions helps maximize the benefits of Raw Spread accounts while minimizing unexpected costs or slippage.
Understanding Costs Beyond the Spread
While Raw Spread accounts offer ultra-tight spreads, costs are not limited to the difference between bid and ask prices.
Users shouldalso consider other expenses, including commissions, swap fees, and less obvious charges that can affect profitability over time.
Understanding these costs is essential for developing an effective trading strategy and accurately calculating potential returns.
Commissions and Their Impact on Profitability
Most Raw Spread accounts charge a fixed commission per trade, which is separate from the spread. While the lower spread can reduce costs, commissions add a fixed cost that must be accounted for in each trade.
For frequent traders, scalpers, or those using high-volume strategies, commissions can significantly impact net profits. Calculating the total cost per trade, including both spreads and commissions, helps users choose the most cost-efficient broker and adjust trade size to maintain profitability.
Swap Fees and Overnight Positions
Swap fees, also known as rollover rates, are charged when positions are held overnight. These fees reflect the interest rate difference between the currencies being traded and can be either positive or negative depending on the direction of the trade.
For users holding long-term positions, swap fees can accumulate and affect overall returns. Monitoring swap rates and planning trades accordingly allows traders to minimize unnecessary costs and potentially benefit from positive rollover rates.
Hidden Costs Traders Should Watch
Even with tight raw spreads and transparent commissions, some costs may not be immediately obvious. These can include inactivity fees, withdrawal or deposit charges, or markups during periods of low liquidity or major news events.
Unexpected slippage during volatile market conditions can also effectively increase costs. Being aware of all potential charges and reading the broker’s terms carefully helps traders avoid surprises and ensures more accurate profit calculations.
Frequently Asked Questions
What is a Raw Spread Account in Forex?
Forex Raw Spread accounts are special accounts with spreads offered by Liquidity Providers or based on interbank quotes, where the fees of the Brokers might be fixed commissions. Raw Spread accounts are especially suitable for professional and experienced traders.
What is the Difference Between Raw Spread and Standard Accounts?
The main difference between Raw spread accounts and standard accounts is that Raw spread accounts offer fixed commissions. Instead, Standard accounts have higher spreads but do not have any commissions.
Is Raw Spread Better for Scalping?
Yes, Raw Spreads are best for Scalping. Scalping specializes in profiting from small price changes by quickly buying and selling assets. So ultra-low spreads with no mark-ups are an ideal choice.
Can beginners trade with Raw Spread accounts?
While Raw Spread accounts are popular among professional and high-frequency traders due to tight spreads, beginners can also use them. However, they require careful understanding of commissions, execution speed, and risk management.
New users should start with smaller positions, use demo accounts to practice, and gradually transition to live trading to avoid unexpected costs or losses.
Do Raw Spread brokers offer leverage?
Yes, most Raw Spread brokers offer leverage, allowing users to control larger positions with a smaller capital outlay. Leverage amplifies both potential profits and potential losses, so it must be used carefully.
Traders should fully understand margin requirements and risk exposure before trading with high leverage on Raw Spread accounts.
Can I use automated trading with a Raw Spread account?
Yes, most Raw Spread brokers support automated trading through Expert Advisors, APIs, or third-party trading software. The ECN/STP execution model ensures orders are processed quickly and transparently, which is crucial for algorithmic strategies that rely on speed and precision.
Users should test automated strategies on demo accounts first to ensure performance under live market conditions.
How does market volatility affect Raw Spreads?
Raw spreads can widen during periods of high volatility or low liquidity, such as major news releases or market openings.
While the account provides tight spreads under normal conditions, traders need to monitor market events closely and adjust their strategies to avoid unexpected costs or slippage during volatile periods.
Are there deposit or withdrawal restrictions on Raw Spread accounts?
Some brokers may impose minimum deposit requirements or fees for certain deposit and withdrawal methods. While these costs are generally minor compared to trading commissions and spreads, they can affect the overall experience.
Clients should review the broker’s funding options and fees before opening an account to ensure smooth transactions.
How can I calculate total trading costs on a Raw Spread account?
Total costs include the raw spread, fixed commission per trade, swap/rollover fees for overnight positions, and any additional charges like slippage or funding fees.
Users can calculate this by adding the spread cost to the commission and any expected overnight fees. Understanding total costs helps in planning trade size, frequency, and expected profitability.
