Best Forex Brokers With Low Spreads

One term with which experienced Forex traders are well acquainted and with which new traders need to become well acquainted with is spread. Simply defined, spread is the difference between the buying price and the selling price of a currency pair. It is the cost paid by the trader to the broker in exchange for access to the currency trading market. In two very practical senses, the spread means that every Forex transaction initiated will be losing by the amount of the spread the moment the trade is executed and that the amount of the spread is added to losing trades, but deducted from winning trades. Whether the broker is of the market maker variety, or is an Electronic Clearing Network type, a low spread means that the cost of trading is also low. Depending where a broker is based, the spread for a particular currency pair might be higher for one broker versus another, so it is a good idea to look at the spread for currency pairs that you intend to trade and not just the EUR/USD, which typically has the lowest spread offered by any broker.

The Best Forex Brokers + Trading Platforms

Our Rating Description Minimum Deposit Regulation Visit
5
  • Free forex signals + market research
  • Online education and webinars
  • Fee free withdrawals and deposits

$5

CySEC, FSP, ASIC

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XM Review
Risk Warning: Your capital may be at risk
5
  • No commissions and low spreads
  • Advanced trading tools
  • Minimal account fees

€100

FCA, CySec :

Visit Broker
Plus500 Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
5
  • The leading Social Trading platform with 4.5m traders
  • Follow other traders or be a leader
  • Personal service and VIP perks

$200

FCA, CySec, ASIC

Visit Broker
eToro Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
4.5
  • Stylish & Powerful Platform
  • Trade Bitcoin + 12 Other Top Cryptocurrencies
  • Plus Forex, Options, Stocks & ETF Trading

$10

CySec

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IQOption Review
Risk Warning: Your capital may be at risk
4.5
  • World class trading platform
  • Expert market analysis
  • FCA Regulated and traded on the LSE

0

FSA

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LCG (London Capital Group) Review
Risk Warning: Your capital may be at risk
4.5
  • Trusted, regulated broker with 10 yrs experience
  • Multi award winning company
  • Segregated accounts with leading banks

$100

Central Bank of

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AVATrade Review
Risk Warning: Your capital may be at risk
4.5
  • Free Guaranteed Stop Loss
  • Segregated funds at top tier banks
  • Fixed spreads & negative balance protection

$100

ASIC, CySEC

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Easy Markets Review
Risk Warning: Your capital may be at risk
4
  • Tight spreads without commissions
  • Advanced charting tools

$100

CySec

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Markets.com Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
4
  • Choice of two professional trading platforms – TraderPro and MT4
  • Free trading course for deposits over £1,000
  • Choice of Forex, CFDs, Spread Betting and Cryptocurrencies

€100

FCA

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ETX Capital Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
4
  • Split second execution
  • No requotes
  • Range of accounts

$5

IFSC

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FBS Markets. Review
Risk Warning: Your capital may be at risk
3.5
  • 'Asia's top broker'
  • Wide choice of leverage options

$1

RAFMM, The Federal

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InstaForex Review
Risk Warning: Your capital may be at risk
3.5
  • Instant fund withdrawals - no commissions
  • Tight spreads from 0.1 points
  • Unlimited leverage

-

FDR (NZ), CySEC

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EXNESS (NZ) Ltd. Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3.5
  • 8 Trading Platforms
  • Spreads from 0.1 Pips
  • $0 fees on deposits

$5

FSC & CySEC

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HF Markets Ltd. (HotForex) Review
Risk Warning: Your capital may be at risk
3
  • Trusted by 100,000s of traders
  • Fully licensed in the EU by CySec
  • Tight spreads and fast withdrawals

$100

FSC Mauritius

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FXPrimus Review
Risk Warning: Your capital may be at risk
2

10

Visit Broker
OLYMP TRADE Review
Risk Warning: Your capital may be at risk
English

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Risk Warning

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

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