Best Raw Spread Forex Brokers

  1. What is Raw Spread in Forex Trading?
  2. Raw Spread Platform
  3. Top 5 Best Raw Spread Forex Brokers
  4. Forex Brokers with Raw Spreads List

What is Raw Spread Forex Broker?

Raw Spread Forex Brokers offer Raw Accounts with ultra-low spreads starting from 0.0 pips but typically with commissions charged. While the spread in Forex Trading is often seen as the gap between the bid and the ask prices of an asset or a security.

  • When opening a Raw Spread Account, the price given by the broker is similar to the one that is offered in InterBank Market or on Exchange. So Raw spreads are starting from 0 pips and go wider as Market offering varies
  • So, for Raw Spread Accounts, brokers typically use the ECN execution model, 

🏦 SpreadInterbank quotes From 0.0 pips
💰CommissionYes
📈LeverageYes

Trading Platform with Raw Spread

Raw Spread accounts are quite popular among retail traders, But they are depending on the Broker Offering, since some offer Raw Spread based on Interbank quotes, and some offer Zero Spread accounts which is defined by the Broker himself.

So, in order to choose the right Forex Broker or its trading 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 finds on the advantages and disadvantages of Raw Spread Platforms:

  • Generally, raw spreads are very similar to zero spreads. However, there is a difference between them, since 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, it starts commissions start from 0.2/lot per size, while for raw, it is hgiher 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 finds, 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.
Raw Spread Trading AdvantageRaw Spread Trading Disadvantage
Spreads as low as 0 pipCommissions charged
Faster Trade ExecutionEA robots are less accurate on Raw Spread
No Restrictions on Trading StrategiesPotential Slippage
Flexible Lot Sizes
No limits on Position Numbers
No requotes

Top 5 Best Raw Spread Forex Brokers

Here we made a selection of Top Brokers that offer Raw Spreads Accounts based on Interbank rates. This list is carefully reviewed and selected by our financial experts taking into account brokers’ quality offerings and reliability. We highly recommend trading only with regulated brokers to avoid risks related to trading forex:

  • HFM — Best Overall Raw Spread Broker 2024
  • BlackBull Markets — Best Raw Spread Broker for Beginners 2024
  • FP Markets — Best Raw Spread MT4 Broker 2024
  • Eightcap — Best Copy Trading Broker with Raw Spread 2024
  • BDSwiss — Best EA Broker for Raw Spread 2024

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 fees of the Brokers might be on 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 trading spreads with no mark-ups are an ideal choice.

Forex Brokers with Raw Spread List

Here is a full list of Raw Spread Brokers with a regulated environment for funds safety, however, we recommend checking conditions fully:

Broker Detail
HFM Logo HFM
Min. Deposit: 0 US$
Max. Leverage: 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
1
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, BlackBull Trade, Trading View
Regulation: FMA, FSA
2
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, CMA
3
FP Markets Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB, CySEC, FCA
4
Eightcap Review
BDSwiss Review BDSwiss
Min. Deposit: 10 US$
Max. Leverage: 1:400 | 1:2000
Trading Platforms: MT4, MT5, BDSwiss Webtrader, and BDSwiss Mobile App
Regulation: FSC, FSA, FSCA, MISA
5
BDSwiss 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
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
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review
Saxo Bank
Min. Deposit: $5,000
Max. Leverage: 1:30
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
Regulation: DFSA, FCA, ASIC, CBUAE, JFSA, MAS, SFC
Saxo Bank Review
OANDA US
Min. Deposit: No minimum deposit
Max. Leverage: 1:50
Trading Platforms: MT4, fxTrade Mobile, TradingView
Regulation: NFA, CFTC
OANDA US Review