Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Low Spread Forex Brokers

Lowest spreads forex brokersThe term ‘spread’ is very common on the lips of any experienced forex trader and one which new traders need to become familiar with. A spread is simply defined as the difference between the price at which a currency pair is bought and that at which it is sold. The spread is the cost paid to the Forex broker for allowing the trader access to the currency trading market. Forex brokers with the lowest spread are usually the post popular ones among traders.

There are two practical explanations, it means that every Forex transaction entered into will be making a loss equivalent to the spread and that each time the trade is done and this amount is added to losing trades but deducted from winning trades. A low spread means that the cost of trading is low whether you’re dealing with a Market Maker or Electronic Communication Network Forex broker. If you are looking for Forex brokers offering the lowest spreads - check the table below.

  • Key information
  • Trading
  • Payment systems
  • Trading platforms
  • Trading instruments
  • Support
  • Trading accounts
  • Account settings
  • Spreads
  • Promotion
Filter
Company#LogoForex brokerFoundedRegulatedReviewsPayment systemsBroker type(?)Min. DepositMax.
leverage
Live spread
Interval:
Live
spread
EUR/USD
Live spread
Interval:
Live
spread
GBP/USD
Live spread
Interval:
Live
spread
USD/CHF
Live spread
Interval:
Live
spread
USD/CAD
Live spread
Interval:
Live
spread
USD/JPY
Live spread
Interval:
Live
spread
AUD/USD
Live spread
Interval:
Live
spread
NZD/USD
Live spread
Interval:
Live
spread
EUR/AUD
Live spread
Interval:
Live
spread
EUR/CAD
Live spread
Interval:
Live
spread
EUR/CHF
Deposit bonusAccount
Forex.com1Forex.combest broker2001
FCA, CFTC

Regulated

32

Payment systems

ECN, MM
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
eToro2eToro2007
ASIC, FCA
35

Payment systems

NDD, STP
50 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FxGlory3FxGlory2012-6

Payment systems

NDD, MM
1 $1:3000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
LMFX4LMFX2015-16

Payment systems

NDD
50 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
IG5IG1974
ASIC, FCA
12

Payment systems

DMA, MM
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
OANDA6OANDA1996
ASIC, FCA
28

Payment systems

-0 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Interactive Brokers7Interactive Brokers1977
FCA, CFTC

Regulated

8

Payment systems

MM
10000 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AAFX Trading8AAFX Trading2014
ASIC, FSA
110

Payment systems

NDD, ECN
100 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A30 %

As a warm welcome to our newest traders, we are offering a 30% bonus on top of your initial deposit into your first AAFX live account.

XM.COM9XM.COM2009
ASIC, IFSC

Regulated

54

Payment systems

MM
5 $1:888N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
RoboMarkets10RoboMarkets2012
CySEC
5

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXTM11FXTM2011
IFSC, CySEC
35

Payment systems

NDD, ECN
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
EXNESS12EXNESS2008
FCA, CySEC
56

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
0 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Libertex13Libertex1997
CySEC
49

Payment systems

NDD
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AXITrader14AXITrader2007
ASIC, FCA
8

Payment systems

NDD
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
JustForex15JustForex2012
IFSC
10

Payment systems

ECN, STP
0 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %

From now on, clients of JustForex can increase their deposit with the help of Double benefit bonus. Deposit your account with at least 100 USD and double your opportunities for trading!

XTB.com16XTB.com2002
FCA, CNMV
7

Payment systems

NDD, STP
250 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
RoboForex17RoboForex2009
IFSC
13

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
0 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %

Tradable Protection 50% is available no matter the first deposit. On the next deposits you can receive it from 300$. The extra funds of Tradable Protection are not written off even during “drawdown”.

Forex4you18Forex4you2007
FSC
26

Payment systems

NDD, STP
20 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
NordFX19NordFX2008
SEBI, CySEC

Regulated

89

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %
Plus50020Plus5002008
ASIC, FCA
39

Payment systems

NDD
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
HYCM21HYCM1977
FCA
43

Payment systems

MM
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 %
FBS22FBS2009
IFSC, NAFD
38

Payment systems

ECN, STP
1 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FxPro23FxPro2006
FCA, CySEC

Regulated

58

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Swissquote24Swissquote1996
FINMA
14

Payment systems

STP
1000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
City Index25City Index2001
ASIC, FCA
2

Payment systems

NDD, ECN
250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXCM26FXCM1999
ASIC, FCA
15

Payment systems

NDD
0 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Admiral Markets27Admiral Markets2001
FCA, CNMV
20

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AVATrade28AVATrade2006
ASIC, CBI
55

Payment systems

NDD
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
IQ Option29IQ Option2013
FSA
5

Payment systems

NDD
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FxGiants30FxGiants2015
FCA
4

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
50 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %

Increase your trading opportunities. Get up to a bonus on all deposits up to $ 2000

Vantage FX31Vantage FX2009
ASIC
5

Payment systems

ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Instaforex32Instaforex2007
RAUFR
32

Payment systems

NDD, ECN
1 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A30 %
Alfa-Forex33Alfa-Forex2016
CBR
9

Payment systems

NDD
0 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FIBO Group34FIBO Group1998
FSC, CNMV
13

Payment systems

NDD, MM
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Alpari35Alpari1998
IFSC, NAFD
30

Payment systems

ECN
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %
Markets.com36Markets.com2006
CySEC
6

Payment systems

NDD
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXOpen37FXOpen2005
ASIC, FCA
18

Payment systems

ECN, STP

Broker type

  • ECN
  • STP
  • MM
1 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1 %

Welcome Bonus is credited to the micro account after making the minimum deposit.

GrandCapital38GrandCapital2006
CySEC
11

Payment systems

STP
10 $1:2000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A40 %

The bonus is charged on any account replenishment without restrictions. The promotion is valid indefinitely.

AMarkets39AMarkets2007
FSA
44

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A25 %
Dukascopy Bank SA40Dukascopy Bank SA1998
FINMA
13

Payment systems

ECN
1000 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %Get a 100% Welcome bonus to your account.
Dukascopy Europe41Dukascopy Europe2010
FCMC
5

Payment systems

ECN
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FP Markets42FP Markets2005
ASIC, CySEC
3

Payment systems

DMA
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Just2Trade43Just2Trade2006
CySEC
4

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
DeltaStock44DeltaStock1998
BNB
1

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
100 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
IFC Markets45IFC Markets2006
FSC, CySEC
14

Payment systems

STP
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Saxo Bank46Saxo Bank19926

Payment systems

ECN, STP
10000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
HotForex47HotForex2010
CySEC, FSC
47

Payment systems

NDD
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
IC Markets48IC Markets2007
ASIC
17

Payment systems

NDD, ECN
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXDD49FXDD2002
MFSA
7

Payment systems

NDD, ECN
250 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Finpari50Finpari2013
CySEC
2

Payment systems

NDD, STP
100 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ActivTrades51ActivTrades2001
FCA, CNMV
18

Payment systems

NDD
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
LiteForex52LiteForex2005
CySEC
23

Payment systems

ECN
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %

Bonus CRYPTO 100%

BCS Forex53BCS Forex2004
FSA
1

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
  • MM
1 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %

Hurry up to get a bonus! Up to $ 5000 on first deposit!

ForexMart54ForexMart2015
CySEC
11

Payment systems

ECN
1 $1:5000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %50% приветственный бонус – это специальное бонусное предложение для всех клиентов компании ФорексМарт. Воспользовавшись данной акцией вы сможете удвоить ваше депозит, выполнив всего два действия. Перв
Binarium55Binarium2012
CROFR
1

Payment systems

-9 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
CMC Markets56CMC Markets1989
ASIC, FCA
15

Payment systems

NDD, STP
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Fortrade57Fortrade2013
FCA, FSCS

Regulated

3

Payment systems

-100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A30 %

Fortrade offers a welcome bonus, amounting to 30% of the first deposit (up to €3000). The deposit must be €100 as a minimum and the bonus expires within 90 days. Bonus monies may be used for tr

EasyMarkets58EasyMarkets2001
ASIC, CySEC
15

Payment systems

MM
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Orbex59Orbex2010
CySEC
8

Payment systems

ECN
500 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Hantec Markets60Hantec Markets2009
FCA
6

Payment systems

NDD
1000 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ForexChief61ForexChief2014
VFSC
48

Payment systems

ECN, STP
1 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ICM Capital62ICM Capital2009
FCA
4

Payment systems

-200 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Octa FX63Octa FX2011
FCA, FSA
24

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %

Deposit bonus can only be credited to a verified account. Deposit bonuses can only be credited to any MT4 | MT5 account.

Fort Financial Service64Fort Financial Service2010
IFSC
11

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
5 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %Due to our developed system you can increase the amount of every deposit up to 50%! No doubt that more funds on your account means, more profit from trading is available for you.
TradeStation65TradeStation1988
FCA, CFTC

Regulated

8
DMA
5000 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
BMFN66BMFN1988
ASIC, FCA
7

Payment systems

NDD, DMA
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A20 %New or existing accounts at BMFN who enroll in the Bonus Program and make a qualifying deposit will receive a deposit bonus up to $10,000!
Core Spreads67Core Spreads2014
FCA
9

Payment systems

NDD
1 $1:240N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %Open a CoreTrader account and start trading our tight, fixed spreads. After a month claim your bonus
NPBFX68NPBFX1996
IFSC
4

Payment systems

NDD, STP
10 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FreshForex69FreshForex2004
KROUFR
13

Payment systems

NDD, MM
0 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A5 000 %Bonus 101%
City Index Singapore70City Index Singapore2006
MAS
6
MM
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
TD Ameritrade71TD Ameritrade1975
FINRA, SIPC
6
DMA
2000 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Degiro72Degiro2008
FCA, AFM
3
NDD
10 $-N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
GO Markets73GO Markets2006
ASIC
3

Payment systems

NDD
200 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Forex.ee74Forex.ee2004
FSA
4

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
10 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A15 %
Tickmill75Tickmill2014
FCA, SIBA
5

Payment systems

NDD
25 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Yadix.com76Yadix.com2010
FSC
15

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A50 %Get a 50% Cash Bonus up to $10,000 on your first deposit. Cash bonuses are credited to your balance after the requirements are met.
FXPRIMUS77FXPRIMUS2009
CySEC, VFSC
13

Payment systems

STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Swiss Markets78Swiss Markets2012
CySEC
2

Payment systems

STP
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
PSB Forex79PSB Forex2016
CBR, NAFD

Regulated

2
NDD
1500 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ICE FX80ICE FX2015-7

Payment systems

ECN, STP
10 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %

Компенсация издержек при переводе депозита из других компаний (брокеров, фондов и т.д.). Компенсируется до 100% издержек при транзакции депозита.

FriedbergDirect81FriedbergDirect2008
IIROC
3

Payment systems

NDD, STP
0 $1:33N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
TrioMarkets82TrioMarkets2014
CySEC
4

Payment systems

ECN, STP
500 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
iOCBCfx83iOCBCfx2004
MAS
1
NDD
1000 $1:35N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
UOB Kay Hian84UOB Kay Hian2000
MAS
3
NDD
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
KGI Futures85KGI Futures2001
MAS
1
NDD
1000 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
KE Forex86KE Forex1972
MAS
2
NDD
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Haitong87Haitong2010
MAS
3
NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
0 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXCitizen88FXCitizen2010
VFSC
3

Payment systems

NDD, ECN
10 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Land FX89Land FX2013
FCA, FSCS

Regulated

4

Payment systems

NDD, ECN
300 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 % 10% bonus applies equivalently to First deposit amount above $300
Pepperstone90Pepperstone2010
ASIC
6

Payment systems

ECN
200 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
PhillipCapital UK91PhillipCapital UK1975
ASIC, FCA
9
NDD
200 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Ak Investment92Ak Investment1996
SPK
4
NDD, DMA

Broker type

  • NDD
  • DMA
  • MM
1000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
InvestAZ93InvestAZ2010
FSP, SPK
3
ECN
100 $1:1000N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Corner Trader94Corner Trader2012
FINMA
1
MM
1 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Abshire-Smith95Abshire-Smith2011
FCA, FSCS
7

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ArgusFX96ArgusFX2000
CySEC
4

Payment systems

STP
0 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Ayondo97Ayondo2008
FCA, BaFin
2

Payment systems

NDD
100 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Bacera98Bacera2009
ASIC
2

Payment systems

MM
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
BogoFinance99BogoFinance2006
CySEC
1

Payment systems

NDD
100 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Capital.com100Capital.com2017
CySEC
1

Payment systems

NDD
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Capital Index101Capital Index2014
FCA, CySEC

Regulated

3

Payment systems

NDD, STP
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Core Liquidity Markets102Core Liquidity Markets2012
ASIC, FSA
4

Payment systems

NDD
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
CMG103CMG2015
ASIC
9

Payment systems

-250 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Colmex Pro104Colmex Pro2010
CySEC
4
NDD, ECN
2000 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Darwinex105Darwinex2012
FCA
2

Payment systems

STP, DMA
500 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
eTrader106eTrader2014
CySEC
4
NDD
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Flatex107Flatex1999
BaFin
2
NDD, MM
0 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Fullerton Markets108Fullerton Markets2015
FSP
9

Payment systems

ECN, STP
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FX88109FX882016
CySEC
4

Payment systems

ECN
100 $1:50N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXCC110FXCC-
FCA, CySEC
12

Payment systems

NDD, ECN

Broker type

  • NDD
  • ECN
  • STP
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FX Choice111FX Choice2010
IFSC
6

Payment systems

NDD
100 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FxGrow112FxGrow2008
CySEC
4

Payment systems

ECN, STP
100 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
GMG Markets113GMG Markets2015
FCA
2
NDD, STP
200 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
HMS Markets114HMS Markets1972-2
NDD
1000 $1:40N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Infinox Capital115Infinox Capital2009
FCA
2

Payment systems

ECN, STP
100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
iTrader116iTrader2012
IFSC
5

Payment systems

NDD
250 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Mex Exchange117Mex Exchange2012
ASIC
4

Payment systems

NDD, ECN
200 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FXPCM118FXPCM2007
FSC, DFSA

Regulated

3

Payment systems

NDD, ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A10 %To get this bonus, you just need to open a live trading account by registering with the new cabin.
Rakuten Securities Hong Kong119Rakuten Securities Hong Kong2002
SFC
2
NDD, STP
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
RietumuFX120RietumuFX1992
FCMC
2
NDD
1000 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
TFI Markets121TFI Markets1999
CySEC
3
NDD
50 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Tradealot122Tradealot2010
FCA
5

Payment systems

STP
2000 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
FinmaxFX123FinmaxFX2017
CROFR, VFSC
1

Payment systems

MM
250 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A100 %Follow the link, register, replenish your trading account at least $ 100.
CommSec124CommSec1998
ASIC
4
DMA, MM
10 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
VTB 24 Forex125VTB 24 Forex2009
CBR, KROUFR
2

Payment systems

NDD
2000 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Finam Forex126Finam Forex1994
CBR, NAFD

Regulated

2

Payment systems

NDD, DMA
0 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AMP Global127AMP Global2018
CySEC, CFTC

Regulated

3

Payment systems

STP
100 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Ingot Brokers128Ingot Brokers2004
ASIC
3
ECN
100 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Alvexo129Alvexo2014
CySEC, SIBA
3

Payment systems

ECN
0 $1:300N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
AETOS130AETOS2007
ASIC
4

Payment systems

NDD
250 $1:200N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Arum Capital131Arum Capital2017
CySEC
3

Payment systems

ECN, STP
0 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ATFX132ATFX2015
FCA
8

Payment systems

NDD
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Key to Markets133Key to Markets2010
FCA, FSP

Regulated

4

Payment systems

ECN
100 $1:500N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
Trading.com134Trading.com2018
FCA
3

Payment systems

ECN
5 $1:30N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
BDSwiss135BDSwiss2012
CySEC, FSC
5

Payment systems

ECN
0 $1:400N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-
ATC Brokers136ATC Brokers2005-4
ECN
2000 $1:100N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-


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Lowest spread Forex Brokers - perfect solution for scalping!

Low spreads

The spreads for different currency pairs vary depending on the jurisdiction in which the broker is based as the spread for one broker may be higher than of another. It is wise to look at the spreads for various currency pairs that you intend to trade other than EUR/USD which is the commonly traded pair and usually which brokers offer the lowest spread for. Deciding which forex broker to trade with can be a difficult task. Being able to find the right partner that will charge a fair price to give you access to the currency trading market, secure your investment throughout with appropriate dealings and that will efficiently respond to your concerns isn’t simple more so when dealing with someone online and you never get to meet them “one-on-one” because they may be based abroad.

The major mistake most traders make when choosing a broker is to focus mainly on the cost factor. Many traders look for those that offer ‘the tightest’ spreads available or ‘near zero’ spreads on most major pairs. The reality on ground is that brokers are aware of their cost structures and would never go into such business ventures. A broker’s main target is always to recover costs in any way possible, this means that for every subsidy of spreads they make, they are sure to recover and make up for it somewhere else in terms of other fees possibly, slippage and poor execution, or low-quality customer service and support.

Does the broker type favour low spread offerings?

There exist two main types of forex brokers; ECN brokers and brokers that are market makers. An ECN broker runs the traders orders directly to its liquidity providers to be executed at their prevailing spreads. These fluctuate overtime according to supply and demand but are usually very minimal. Much as they offer lower spreads, the ECNs have various ways through which they recover their costs such as through transaction-based pricing and commissions. Depending on the trader’s style and level of activity, an ECN’s pricing structure may turn out to be lower as compared to the typical market maker broker on the overall.

Market makers on the other hand rely on the ”Bid/Ask” spread to make their income, this is multiplied if the trader chooses to use leverage in their trading strategy. A market maker acts as an intermediary between you, their client, bank or liquidity providers, and prefer to “arbitrage” for profit the spread that they offer to you against what they can trade in the market on their own behalf. The market maker keeps an instantaneous accounting of the “overs” and “shorts” for each currency pair on a daily basis. If he is losing at a certain point, he will slightly increase the spread to compensate the difference over time. However, the market maker’s ultimate objective is to make a specified profit for each pair by the end of the business day.

What to be wary of when choosing a low spread forex broker?

Low spreads and no Comission

Businesses always compete in either providing low costs or offering of quality services. A business cannot offer the most affordable services and not compromise on quality assurance. This means that when a forex broker offers the lowest spreads in the market, then it definitely has to cut back on quality in some other department. It may happen to charge extra fees that will usually be hidden and not easily detected or it may indulge in bad business practices to hide its unscrupulous recovery of costs.

The trader must be concerned how the broker will recover their costs whenever low spreads are offered. The quality of services offered and whether extra fees are being charged are evident if you do your due diligence review and compare the broker’s offers to the competitors’, going through customer testimonials and independent reviews of the broker. The difficulty is identifying a broker involved in bad business practices which are usually covered up leaving you at the mercy of your broker. The only sound course of action to take option you have in such a situation is to halt your business arrangement and withdraw your account balance without any delay.

Bad business practices usually reveal themselves in a number of ways. The first could be in constant re-quoting, you may see a quote and gain interest and act upon it with an execution order then get a server message with a different quote asking you to try again. This certainly means that the broker might have chosen to block your request for his own profit reasons. However, if you took an unacceptably long period of time to act, then the broker may have acted appropriately to re-quote.

Slippage is also another common practice could spoil one’s trading experience and lead to loss losses of capital. Slippage is caused by having your stated order executed at a price other than the one you stated. Your broker will defend himself by stating that the market is volatile or that you delayed to act or that some major data release caused an abrupt change in the market. If these indicators are not present and yet slippage occurs frequently then it means that it’s about time you questioned your choice of broker.

The last and probably, most frustrating bad business practice is spread manipulation. If your broker is a market maker, he can post whatever quotes are in his best interest at that point in time. Market makers are all about setting spread quotes, however, some unscrupulous ones may decide to quote rates that do not reflect anywhere in the market, they may for instance use quotes from an independent Reuter’s quote feed or even another broker. This type of spread manipulation is common when the market is in a tight range. Under such conditions brokers can’t make profits so they manipulate the spreads. When traders place orders for the big move the quotes may take a plunge roughly 20 to 30 pips. This is just the right amount to clear out any stop-loss orders and to prevent traders from benefiting from the move. The unscrupulous broker then cashes in on the profit from those closed client positions in this case.

The truth is that not all low spread brokers are bad. However, you should be aware that a low spread broker must make good of their loss one way or another. You may not need education materials or customer support and if at all you want a broker that truly focuses on a low spread and is ready to compromise in other areas. The most important thing is that the brokering firm adheres to good business practices in its execution of your orders.  A spread is very important in your choice of the broker, but you must strive to understand what other costs might be hidden and if the quality of service might be low. The best advice to a trader is that they should take time to choose their broker wisely.

The Best Forex Brokers + Trading Platforms

There are obviously several benefits for trading with lower spreads and the following are reasons for opening an account with a brokerage company that offers low spreads.

  1. The trader gets to pay less per trade. Although it is not always as simple as it sounds, sometimes is.
  2. If you are trading big, low-spread brokers levy a commission which becomes smaller the more you trade.
  3. Trading with a broker offering low spreads encourages its competitors to reduce their spreads and this makes the forex market friendlier.

Some traders insist on lowest spreads possible as a prerequisite before choosing to trade with any particular broker. It is important for traders who open and close several positions each session they trade to get the tightest spread possible so that they can be able to minimise losses. Some brokers provide either low fixed or a variable spread with very attractive minimum and typical values. The downside to such low spreads is that the brokers may require high-deposit accounts. Some of the best international forex brokers offer pretty low spreads with mini or even micro Forex accounts but these are not to be confused with zero-spread accounts.

Low spread forex brokers are preferred especially by traders who use the scalping strategy because this trading strategy allows them to open and close several deals per day and with low spreads, the commissions may add up to even 100 pips

In order to cut costs on forex operations, traders usually opt for dealing desks that can avail low spreads. For traders who use this criterion, financial losses are limited and this is what every trader looks forward to, being able to make profits and secure their principle invested amount.

Best Low Spread Forex Brokers

Forex.com

Are you new to the forex bandwagon and seek a forex broker who will hold your hand as you start trading? This is one of the best brokerage firm for beginners as you can understand in Forex.com detailed Review. It offers a myriad of education resources, a reliable customer support, seminars and multiple guides. Furthermore, it also offers 24/7 broker support for six days including Saturdays and a social trading features that is available in 25 languages.

PLUS 500

PLUS 500 is a highly acclaimed CFDs trader that specializes in such financial instruments as Forex, commodities, ETFs, and stocks. The firm also has one of the most competitive market capitalizations, currently valued at over $1 Billion, and operating through multiple subsidiaries across the world. Though the broker is registered and headquartered in London, it maintains an active office in Australia under the ASIC’s regulations.