Forex Brokers with Low Spread

For forex traders, spread—the difference between the bid and ask price—is a crucial factor affecting trading costs. Brokers offering low spreads reduce trading expenses, benefiting scalpers, day traders, and high-frequency traders by allowing tighter risk management and higher profit potential.

This article highlights some of the best forex brokers with consistently low spreads, their features, and what traders should consider.

Why Low Spread Matters

Directly impacts trading costs
Enables tighter stop-loss and take-profit settings
Reduces slippage during order execution
Important for scalping and short-term strategies

Top Forex Brokers Known for Low Spreads

1. IC Markets

Average EUR/USD Spread: From 0.0 pips (Raw Spread account)
Features: True ECN, deep liquidity, low latency execution

2. Pepperstone

Average EUR/USD Spread: From 0.0 pips (Razor account)
Features: ECN pricing, multiple platforms, excellent customer support

3. Exness

Average EUR/USD Spread: From 0.1 pips
Features: Instant withdrawals, variable leverage, wide account types

4. Tickmill

Average EUR/USD Spread: From 0.0 pips
Features: ECN broker, low commissions, fast execution

5. FxPro

Average EUR/USD Spread: From 0.0 pips (cTrader account)
Features: Multiple platforms, institutional-grade pricing

6. HotForex (HFM)

Average EUR/USD Spread: From 0.0 pips (Zero Spread account)
Features: Multiple account types, educational support

7. XM

Average EUR/USD Spread: From 0.6 pips
Features: Low minimum deposit, bonuses, educational resources

8. FBS

Average EUR/USD Spread: From 0.5 pips
Features: Bonus offers, cent accounts, easy mobile access

Key Considerations

Ultra-low spreads often come with commission charges; compare total costs
Spreads fluctuate with market volatility and liquidity
Low spreads matter most for active and short-term traders
Confirm the broker’s regulation and execution quality before trading

Key Takeaways

Brokers like IC Markets, Pepperstone, and Tickmill offer some of the lowest spreads in the industry
Consider both spreads and commissions to understand total trading costs
Choose brokers regulated by Tier-1 authorities for safety
Low spread brokers usually support MT4, MT5, and cTrader platforms

Frequently Asked Questions

Which forex broker has the lowest spread?

IC Markets and Pepperstone are widely recognized for having the lowest spreads on major currency pairs.

Are zero spreads truly zero cost?

Usually not; brokers charge commissions to compensate for zero or near-zero spreads.

Can spreads change during news events?

Yes, spreads typically widen during high volatility or low liquidity periods.

Do all account types have low spreads?

No, low spreads are often available only on ECN or raw spread accounts.

How can I check the spread before opening an account?

Most brokers publish live spreads on their websites or platforms for verification.

Forex Brokers with Low Spread

Why Low Spread Matters