Tight Spread Forex Brokers

What is a Tight Spread in Trading?

Tight Spreads, also referred to as narrow spreads, are when the difference between the ask price and the bid price is small.  While the spread usually represents brokerage service costs for the provided transactions and the trading environment itself.

  • The spread or the difference between the bid and ask price on the trading instruments represented in platforms is often a point of debate when choosing the Forex Broker.
  • Yet, when choosing one, make sure you did your research well and checked all the conditions and offerings since some brokers may require some commissions and fees apart from spreads, so tight spread isnt the only point to check. Read about Spread on Wikipedia.
What is good tight spreads?
🏦 Spreade.g. Tight Spread – Sell EUR USD 0.9pips – Buy EUR USD 1.1pips
📉PositionsSell and Buy

What is Tight Spread Forex Platform?

Based on our study, the platforms do not reflect on the tight spread or low spread, it is the broker that may include spreads in their offerings through the trading platform they provide.

Platform offerings often vary from one broker to another, and it is up to trader to choose either easier-to-use platforms or more sophisticated ones like NinjaTrader. However, it is important to consider what is the best suitable option for your trading, also see some of notes about tight spread trading:

  • The intensity of completion on both orders to buy or sell increases the liquidity which leads to a tighter spread
  • The advantages of Tight Spreads minimize traders’ losses on price differences for some strategies like scalping or hedging, also the possibility to open many positions simultaneously, as well as run Robots or Algos with better conditions
  • Tight market offering is usually based on a variable spread and can see spreads as narrow as only a few cents or even might be less like tens of cents
  • Currently, as technology drives markets rapidly and becomes even more sophisticated on a daily basis, many from Reputable Forex Brokers offer access to Tight Spreads.
  • Typically, Tight Spread Brokers are NDD brokers that lowering trade costs through the tight spread technology and enhance many opportunities to trade.
Tight Spread AdvantagesTight Spread Disadvantages
Low Cost of TradingHigh Volatility
Cost closer to interbank ratesTight Spread Brokers can charge additional trading and non-trading fees
Suitable to run Auto Trading or RobotsFloating spreads do not guarantee always low spreads, sometimes can be higher
High Execution SpeedTight Spreads doesn't always indicate that the broker is reliable
Minizes Trading losses
Suitable for various trading strategies including Hedging and Scalping
Enablies opening several positions

Top 5 Best Tight Spread Forex Brokers

Below we made a listing of Top Forex Brokers that offer Tight Spreads also selected due to excellent conditions and overall good execution while being fully regulated and provide tight spreads:

  • HFM – Best MT4 Tight Spread Broker 2022
  • BlackBull Markets – Best STP Tight Spread Broker 2022
  • FP Markets – Best Australia Tight Spread Broker 2022
  • Pepperstone – Best MT5 Tight Spread Broker 2022
  • BDSwiss – Best Tight Spread Forex Broker for Beginners 2022

Why is a tight spread more desirable in trading?

Tighter spreads are a sign of greater liquidity, while wider bid-ask spreads occur in less liquid or highly-volatile stocks. Also, tight spreads cut off costs, so it is more desirable to trade securities with tighter spreads, besides is important for some strategies like scalping. 

Which forex broker has tightest spread?

In fact, in the conditions of competition, many forex brokers have come to the point that most of them try to offer the tightest spreads in the forex market. Among some of the most popular regulated brokers offering tight spreads are Pepperstone, Tickmill, HFM, XM, etc.

List of Forex Brokers with Tight Spread

Here is our list of the Forex Brokers with Tight spreads and good regulation based on our research and testing:

Broker Detail
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
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
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
BDSwiss Review
FXchoice Review logo FXChoice
Min. Deposit: $100
Max. Leverage: 1:200
Trading Platforms: MT4, MT5
Regulation: FSC
FXChoice Review
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB
Eightcap Review
Min. Deposit: US$100
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
Orbex Review
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review