This account has spreads from 0 pips for all the major pairs and 0. Currency pairs offered by Eightcap include:. Spreads are not always 0 pips primarily due to currency markets with a natural slight difference between the buy and sell mark. This commission is equal to or lower than other Australian brokers.

To avoid this commission there is a standard account but this account has higher spreads and the overall brokerage costs end up higher. This co-location setup allows Eightcap servers to get faster pricing and optimal trading conditions as they are close to many tier one liquidity providers within the Equinix Ecosystem. In addition to this Eightcap maintains a large decentralised network of data centres globally to port connections via fibre optic to their margin server as fast as possible to execute client trades.

This network aims to promote global connectivity and competitive low latency with data centre locations in New York, London, North Virginia, Sydney, Hong Kong, Milan, São Paulo, and Singapore. They also have the most extensive cryptocurrency CFD trading facility in the world. Not only does the Australian CFD broker offer over cryptocurrencies more than any other broker but spreads are generally tighter than their competitors as shown below.

Cryptocurrencies are spread-only products meaning there are no commission costs. Maximum leverage for Australian traders can be as high as for retail traders in Australia and for traders outside Australia. Based on comparing November brokerage including spreads and commissions the Eightcap RAW account is the clear winner.

They have the lowest spreads for both forex and crypto trading and offer favourable trading conditions including fast execution speeds and the best forex trading platforms. Pepperstone offers the best no-commission trading account based on the:. Pepperstone was also awarded the best forex broker Australia award based on the same criteria above. Choosing the Pepperstone Standard account means you can have spreads as low as 0.

The table below is updated every month based on the published average spreads by regulated forex brokers offering non-commission accounts standard accounts. The most traded currency pairs are compared as this is the best benchmark of brokerage costs. Pepperstone was found to have the best spreads in November based on the spread comparison above with other brokers such as IC markets and IG having higher brokerage. Pepperstone was also competitive in the ECN account spread comparison and has an active trader account discount for high volume traders.

There are two types of accounts available with Pepperstone. These are the Standard Account and the Razor account. Pepperstone is unique in the Forex broking industry as they are one of the few to offer competitive spreads for standard accounts and ECN pricing accounts.

If you wish to trade frequently or just want to have the lowest spreads possible then select the Razor account. However, if you wish to trade shares then make sure you pick the MetaTrader 5 trading platform. Pepperstone has the lowest self-reported execution speeds with most orders executed by Pepperstone Group Limited of 30 milliseconds. To verify this speed, a comparison using broker demo accounts resulted in Pepperstone having the fastest Market Order Execution Speed of any broker.

Pepperstone offers the choice of the three most popular forex trading platforms. They are MetaTrader 4, MetaTrader 5 and cTrader. If you have a cTrader Razor account, then Pepperstone also provides you with their latest charting tool platform, TradingView. The broker has the most awards based on their customer service including accolades by Investment Trends overall several years based on actual traders rating different brokers.

With award-winning customer service and a superior trading environment, their standard account is the clear winner when it comes to no commission trading accounts. AvaTrade offers superior fixed spread trading based on their:. Fixed spreads are designed for traders that want spreads that remain the same regardless of prevailing market conditions at any given time. Spreads that remain stable allow for betting planning for your trading strategy as you will know exactly what they will pay to open and close a position.

The most recent fixed spread comparison based on the published data on each regulated broker website showed that AvaTrade had the lowest fixed spreads. It should be noted that no commissions are charged by AvaTrade so the fixed rates shown below are the primary fees charged by the broker. AvaTrade is the largest fixed spread broker worldwide with over , traders. They are regulated in eight regions including CySEC in Europe, ASIC in Australia and FSCA in South Africa. Most fixed-rate brokers also have advanced risk management features such as guaranteed stop-loss.

Standard risk management features that AvaTrade includes a range from minimum balance protection to guaranteed stop-loss on trades.

These can be compared on our fixed spread account page. An additional feature unique to AvaTrade is AvaProtect. This allows a trader to select a specific duration from 6 hours up to two days. The only loss will be the AvaProtect fee which is displayed when activated the feature and is charged whether the protection is needed or not once activated. Fixed spread brokers are recommended for brokers looking to manage risk when trading.

AvaTrade is the best broker in this category based on the lowest published fixed spreads in November , choice of MT4 MT5, or AvaTradeGO forex trading platform and their advanced risk management tools. Traders who want to know their exact trading costs or looking to closely manage their risk should choose the broker.

The commission charge for ECN brokers is set on the base currency chosen. These are based per side k traded and if calculating per round-turn lot, the amounts below should be doubled. You view more on our lowest commission forex broker section comparing Raw ECN accounts in June As the graph shows, Fusion Markets is the best broker when it comes to low commissions.

They are advertised as the lowest ASIC Australia regulated forex broker, focusing primarily on the MetaTrader 4 MT4 forex trading platform. In addition to the low commissions, there are also no fees on deposits or commissions. Deposits can be made fee-free via Skrill, Neteller, Visa or MasterCard.

With brokerage determined primarily based on the spread charged on a currency pair and a commission, Fusion Markets often comes out as having the lowest fees overall. Based on this, savvy traders will select the AUD which results in the lowest brokerage overall after their competitive spreads are accounted for. ForexTime FXTM is a global broker best known for the high leverage available.

Leverage will depend on the FXTM trading account and the country you trade from. The Advantage and Advantage Plus user floating or tiered leverage. This means the more you trade, the lower the leverage you can trade with. Leverage puts your capital at risk, especially when market volatility is experienced. Losses can exceed your deposit. Account types with high leverage should only be chosen by forex traders that understand the risk. In this respect, it is good that FXTM limits the available leverage for large trades.

Regardless if you select a Micro, Advantage, or Advantage Plus account the maximum leverage is for major currency pairs and for minor and exotic currency pairs.

The first account is their Micro account. Trading with this account has instant execution which means you will have the chance to confirm or reject requotes. The main limitation of this account is that Forex and Metals. The next set of FXTM accounts are ECN broker style with a spread and commission combination. This is the choice of more experienced traders of those using scalping. There are three main sets of accounts with the main two ECN accounts offering leverage up to while the Pro account has up to This allows traders to focus on improving their trading without the commission costs as a distraction.

IG offers the following risk management tools that only some brokers offer. To make the most of these risk management tools, make sure you choose one of IG Markets custom-built trading platforms. It is on these platforms that you will find most of the IG risk management tools available. Note: IG is one of the few forex brokers that accept US clients.

IG Markets US is the best choice for trading spot forex in the US with a standard account. Regardless of which type of short-term trader you are, all forms rely on the tightest possible spreads as each trade you open or close incurs a cost. For this reason, it is essential to choose a broker with ECN-style pricing and fast execution.

Brokers that offer ECN pricing and have no dealing desk connect you directly with a pool of liquidity providers for the best possible quotes. ThinkMarkets minimum spreads for most currency pairs on their Standard account start from 0.

Every nanosecond counts for frequency traders otherwise there is a real risk of slippage. For this reason ThinkMarkets hosts servers in the same data centre or near the same data centres that the major liquidity providers, exchanges, buy-side, and sell-side firms host their servers.

ThinkMarkets has partnered with Equinix in New York, London, and Hong Kong so that no matter where in the world you are trading from and which market you want to trade, ThinkMarkets are positioned to give you the fastest trading possible. FxPro is a no dealing desk forex broker adopting straight-through technology STP to execute trades. In , this lead to no requotes on It also leads to fast execution speeds with most orders filed in FxPro offers fixed spreads on limited forex pairs and floating spreads on the forex trading platforms MT4, MT5 and cTrader.

Those looking for social trading features should consider eToro which is built around its copy trading capability. It has one of the largest communities of retail traders that can be reviewed and copied.

This means that once you select a trader, you will automatically make the same trades as that individual. This can make them more expensive than other brokers, especially when market volatility is experienced.

The broker was also listed as one of the best Australian automated trading platforms based on this copy trading ability. Traders can adopt automation in many ways rather than just copy trading including utilising bots and other software. eToro is regulated in the UK by the FCA and ASIC in Australia, while in the rest of Europe they have CySEC regulation. If you are looking for a social trading copy trading specialist CFD broker, eToro is your best low-fee option.

That said, there are lower spread and commission brokers such as Pepperstone that offer this type of trading but not as their core offering. The best forex brokers for South African traders are locally regulated by the Financial Services Conduct Authority FSCA.

The broker officially is named HF Markets SA PTY Ltd with the Financial Service Provider FSP licence number Key reasons HotForex are recommended is their size and reputation with the broker operating for over a decade with over 2 million forex accounts opened. The forex provider offers high leverage levels of and the choice of MetaTrader 4 or MetaTrader 5 forex trading platforms. Other key features of HotForex are low spreads from 0.

South African forex traders should consider the FSCA regulated broker that balances a local presence, leverage and trading costs. Eightcap is the lowest spread forex broker.

This is based on our spread comparison table comparing the global ECN-style trading accounts where brokerage is a combination of a spread and a commission based on trading volume. Fusion Markets is an ASIC regulated forex broker offering the lowest commissions worldwide.

View our commission comparison to see how the broker compares to other ECN brokers. This comparison was made based on the published forex broker average spreads at the time this article was created and revised.

Many high-profile brokers from FXTM, HotForex, FBS, NovaFX, VantageFX, and forex. com were not included primarily due to the lack of standard spread information. There are also country-specific low spread comparisons such as this Canadian broker page. Your spread cost is one of the most important factors to consider when choosing a broker. These costs can add up very quickly, especially if you are a high-volume trader, scalper or trade with high leverage, and for this reason, you want to select a low-spread forex broker.

Brokers that connect you with liquidity providers with no dealing desk tend to have the lowest spread costs. These brokers use technologies such as Straight-through processing STP or electronic communication networks ECN which means you are getting the best prices the liquidity providers have to offer without price intervention from the broker.

For this reason, you pay commission costs which allow the broker to avoid widening their spread to recover their costs. Forex market conditions can impact capital markets impacting the asking price and sell price spreads. This can lead to the actual spreads being quite different from the average spread which will be displayed by the forex broker.

Before you start trading, understand the risks of leverage and CFD trading first. This table lists the published spreads that brokers list on their websites. These spreads are for ECN style sometimes called a zero spread account trading account which means traders will pay a commission to open and close their position.

Spreads are lower than standard accounts as there is no dealing desk and because the spreads do not include commission costs in the spread. The spread is the difference between the bid and ask price. When you go to place a trade you will notice that there is always a difference in the price you can buy and the price you can sell.

This difference is how the broker is making money from you. Not all broking account types will charge commissions, but on the ones that do it will be per 'round trade'. The trade off to paying commissions is that you will normally be given a broking account that has smaller spreads. Spreads can be the silent account killer. Unlike commissions that you can see being charged each trade, you will not as easily see the spread being charged.

Spreads can very quickly add up and if you are using the best broker that give you the best spreads you can very quickly save yourself a lot of money.

Spread is the difference between the bid and ask price. This is the cost you will pay for executing your trades through your broker. The spread will vary widely depending on the broker you are using and the asset you are trading.

It is quite common for low spread brokers to have spreads that go as low as 0. Whilst at times the spreads can be 0. This means that whilst you will get very small spread costs, you will be charged a commission on top to make your trade.

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

Your email address will not be published. Forex Trading for Beginners. Price Action Trading. Forex Charts. Forex Trading Strategies. Money Management. Best Forex Trading Platforms. Trading Lessons. com helps individual traders learn how to trade the Forex market. WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.

The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted.

Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site. We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey.

com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results. Finixio Ltd, Tower 42, 25 Old Broad Street, London EC2N 1HN [email protected]. Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer Do you need a Forex broker that gives you the best spreads so you can make as much profit as possible?

Compare Forex Brokers Fees: Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees. Best Low Spread Forex Brokers IC Markets IC Markets Regulation Min Deposit Leverage Open an Account ASIC, CySec.

Low trading costs. High leverage. Cons: No protection EU traders. Live chat at times can be slow. Pros: Very good education available. Easy to quickly open an account. Multiple account types available. Low spreads. Cons: Not as many markets as others. Higher minimum deposit. Pros: No withdrawal or deposit fees. Customer support through whatsapp messages. A demo account is offered. Cons: Inactivity fee after three months.

All forex traders would like a forex broker with low forex spreads. It is because forex trading requires capital and well-planned strategies. But the most important is that it requires a broker that understands the needs of forex traders one of them being low forex spreads. Forex spreads get charged on the buying and asking prices and can pile up to become high when you are trading volumes.

It is crucial to choose a forex broker with low forex spreads. Low forex spreads mean that the forex broker with low forex spreads has forex spreads at the market price. The forex spreads are close to the forex spreads that liquidity providers have. The most obvious benefit of a forex broker with low spreads is you spend less on trading costs. Forex spreads displayed may be little, but they are significant when you use leverage or open bigger positions.

At some point, a forex trader uses leverage or takes advantage of the market volatility to open large positions. Forex traders must choose a forex broker with lo spreads to mitigate the trading costs when they are trading. Forex traders have to plan before they enter the market. You have to account for the cost of forex spreads when budgeting for the entire trade.

It helps when you have a forex broker with low forex spreads since you can factor in the probable losses and profits. It also helps traders choose a suitable trading strategy for trading.

Forex traders make proper decisions on the strategy to use when they have lower trading costs. Forex brokers generate their income from forex spreads.

Forex brokers that offer low forex spreads have to find a way to supplement their income through commissions and other trading fees. Although it is not the case for most forex brokers with low spreads, most charge high commissions. That is why other than low forex spreads, forex traders have to also check the other trading fees and commissions before choosing a forex broker. The forex industry has attracted many unregulated forex brokers.

These forex brokers have the characteristic of luring unknowing forex traders with low forex spreads. If the naive forex broker falls into their trap and invests on their platform, the trader cannot withdraw the profits or deposit.

It is why forex traders must look at the licensing and registration of forex brokers with low forex spreads. It helps to avoid losing money from forex scams. However, not all forex brokers with low forex spreads are out to steal from you. There are regulated forex brokers that have been in the market for a long time. These forex brokers have a record from forex traders and are reliable.

It is a forex broker with low spreads founded in and serves over one million clients. com provides access to over financial markets such as Indices, cryptocurrencies, commodities, shares, and forex. They also have professional accounts, which you can only open when you pass some requirements. com is among the forex brokers with low forex spreads with an average of 0.

The spreads change with the volatility of the forex asset and the account you open. It has no commissions on any trades, making it one of the forex brokers that have the lowest trading fees. It has a demo account that forex traders can use for a long time and has no expiry time like other forex brokers. It is always available for forex traders to practice their strategies before using them in the live trading account.

It integrated the web-based platform that has more than 75 technical indicators and multiple charts. It also provides negative balance protection and risk management tools such as stop-loss orders. It also has the Meta Trader 4 trading platform with fast execution rates and algorithmic trading.

Traders can get expert advice from the Meta Trader 4 trading platform and access it via the mobile application, desktop, and web platform. com has research and analysis on its websites such as insights, data presentations, webinars, economic calendars, and the Capital. com TV. It also provides educational materials like webinars, video courses, and articles about different markets.

It has an Investment Application, a mobile app with forex courses, and levels of content for all traders. They are responsive within minutes and can get contacted through email, phone calls, and live chat.

They are available through several social media like Telegram, WhatsApp, Facebook, and Viber. They have low trading costs such that they have no inactivity fees, no deposit, and withdrawal fees. It only charges an overnight fee that varies according to the size of the trade. com offers leverage of It is a forex broker with low forex spreads founded in and is now operating in over countries and 30 offices.

It has over trading instruments that range from Shares, forex, indices, commodities, CFDs, and cryptocurrencies. For all these accounts, forex traders can open positions as low as 0. Vantage markets have low forex spreads starting from 1. These are low forex spreads day-traders or scalpers can use the Raw ECN and the Pro ECN account. It has a demo account that traders can use for practice trading.

It is the first step new traders have to understand how trading works. Vantage markets have the Meta Trader 4 and 5 trading platforms for trading. Meta trader 4 and 5 offer advanced trading tools such as charts, technical indicators, notifications, and expert advisers. It also gives free VPS access with fast execution when trading CFDs, forex, and other markets.

Traders can access social trading using Zulutrade, MAM, PAAM, and MyFXBook Auto-trade. It can also opt for the auto-trade option available on the mobile app, desktop, and website platform. It has some articles posted on the website which has fundamental knowledge on trading. It covers topics such as forex trading, technical analysis, and fundamental analysis. It also has the psychology of trading, which most new traders need to know.

Forex traders can get more trading resources from Trading Central, with more than videos. Vantage users reach them through email, live chats, and phone numbers. Vantage markets is a forex broker with low spreads and no commission. It also has no account, inactivity, deposit, or withdrawal fees. It also has conversion and overnight fees for positions opened overnight using leverage. Forex traders can fund and withdraw from their accounts through bank transfers, credit, and debit cards.

They also accept digital wallets such as Neteller, Skrill, Union Pay, Fasa Pay. It is a forex broker with low forex spreads founded in , which means it has operated in the market for more than a decade. It has more than 3. They offer access to more than markets such as forex, stocks, indices, ETFs, metals, and commodities. It is regulated in Belize by the International Financial Services Commission IFSC. Roboforex is a forex broker with low forex spreads, which you can see from their average forex spreads on the accounts.

The prime and ECN have spread starting from as low as 0. The R stocks trader account has forex spreads starting from 0.

Pro and Pro- Cent forex spreads start from 1. Roboforex has a demo account where traders can access financial markets using the trading platforms that Roboforex offers. It has risk-free trading for practicing strategies before moving to the live account. It uses the Meta Trader 4 and 5, R stocks trader, and the c Trader trading platforms. The Meta Trader 4 and 5 come with the MQL4 trading robots for algorithmic trading, over 50 technical indicators, and the Expert Advisors feature.

It also has trading signals and insights that help traders in fundamental analysis. Roboforex has a mobile application, a desktop, and a web-based version that traders can access. It has educational materials such as beginner-friendly videos since it covers topics on the content needed to start forex trading.

Roboforex also has trading analyses of financial markets, the economic center, economic calendar, and informational blogs. Their customer support is available through live chat, emails, and phone calls.

Roboforex has fixed commissions which depend on the type of account you have opened. The Pro and Pro-Cent accounts have no commission, while the ECN accounts have a fixed commission. It is a low spreads forex broker founded in and has given services to forex traders for over twenty years.

It has 30 offices and offers trading instruments. They are like forex, Indices, Stocks, CFDs, ETFs, and commodities. XTB has two account types, the Standard account, and the Pro account.

Standard is for new and regular forex traders and has no minimum deposit required. It also has a leverage of , XTB users can trade positions as low as 0. The Pro account is only for professional forex traders who meet their criteria of experience and are allowed to open it. XTB is among the forex brokers having competitive forex spreads starting from 0. The Pro account has lower forex spreads starting from 0.

But opting out of some of these cookies may affect your browsing experience. GO Markets is a globally regulated CFD and forex broker that provides a range of base currencies to choose from, as well as fee-free payment methods. The spread in a forex trade is the difference between the bid buy and ask sell price of a currency pair. So for those who wish to take part in the forex market make sure to maximize profits with the best forex brokers with low spreads. Latest Trading News More News. More Filters.

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