Lowest spread forex brokers
Compare forex brokers by all-in EUR/USD cost, the typical spread plus the round-turn commission on the same account, lowest first.
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Best brokers
FP Markets
intermediate and experienced traders who want low forex commissions and many assets- Overall score
- 4.3/5
70.7% of retail CFD accounts lose money.
AvaTrade
beginners and crypto traders who want 24/7 crypto trading and learning materials- Overall score
- 4.3/5
70% of retail CFD accounts lose money.
Finansero
traders who want a proprietary platform with Autochartist and zero commissions- Overall score
- 4.0/5
86% of retail CFD accounts lose money.
Lowest spread forex brokers
- FP Markets4.3/5
- AvaTrade4.3/5
- XM4.6/5
- XTB4.5/5
- Finansero4.0/5
Compare brokers
| Broker |  FP Markets |  AvaTrade |  XM |  XTB |  Finansero |
|---|---|---|---|---|---|
| Rating | 4.3/5 | 4.3/5 | 4.6/5 | 4.5/5 | 4.0/5 |
| Min. deposit | $100 | $100 | $5 | $0 | $200 |
| Regulation | ASIC, CySEC, FSA | CBI, FSC, ASIC, FSCA, FSA, FSRA | CySEC, DFSA, FSC, FSCA, FSA | FCA, KNF, CySEC, IFSC | CySEC |
| Markets | Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Shares | Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Share CFDs | CFDs, Commodities, Cryptocurrencies, Forex, Indices, Metals, Shares | Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Shares | CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Futures, Indices, Metals, Share CFDs |
| Platforms | cTrader, IRESS, MetaTrader 4, MetaTrader 5, TradingView, Web platform, Proprietary platform | MetaTrader 4, MetaTrader 5, Web platform, Proprietary platform | MetaTrader 4, MetaTrader 5, Mobile apps, Web platform, Proprietary platform | Web-based platforms, xStation 5, Web platform, Proprietary platform | Mobile apps, Proprietary platforms, WebTrader, Web platform, Proprietary platform |
| Account types | Standard account, Demo account, Islamic account, VIP account | Standard account, Demo account, Islamic account, VIP account | Standard account, Demo account, Islamic account, VIP account | Standard account, Demo account, Islamic account, VIP account | Standard account, Demo account |
| Open an account | Visit FP Markets70.7% of retail CFD accounts lose money. | Visit AvaTrade70% of retail CFD accounts lose money. | Visit XM80% of retail CFD accounts lose money. | Visit XTB77% of retail CFD accounts lose money. | Visit Finansero86% of retail CFD accounts lose money. |
#1 FP Markets
Recommended for intermediate and experienced traders who want low forex commissions and many assets
The Raw account has spreads from 0.0 pips with a commission of $6.00 per standard round lot. Deposits are free and the asset list is very large. Stock CFD fees are on the higher end, and the demo account closes after about 30 days without a login.
- Overall score
- 4.3/5
- Min. deposit
- $100
- Regulation
- ASIC, CySEC, FSA
- Markets
- Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Shares
- Platforms
- cTrader, IRESS, MetaTrader 4, MetaTrader 5, TradingView, Web platform, Proprietary platform
- Account types
- Standard account, Demo account, Islamic account, VIP account
#2 AvaTrade
Recommended for beginners and crypto traders who want 24/7 crypto trading and learning materials
A single account and fee structure, many webinars and 24/7 crypto trading make it suited to newcomers. AvaProtect lets traders hedge positions for a fee. Spread and swap fees are slightly above average, and there is no ECN or STP account.
- Overall score
- 4.3/5
- Min. deposit
- $100
- Regulation
- CBI, FSC, ASIC, FSCA, FSA, FSRA
- Markets
- Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Share CFDs
- Platforms
- MetaTrader 4, MetaTrader 5, Web platform, Proprietary platform
- Account types
- Standard account, Demo account, Islamic account, VIP account
#3 XM
Recommended for beginners and intermediate traders who value fast withdrawals and multilingual support
Withdrawals on eligible methods can be instant, and support runs around the clock in many languages. Most accounts are commission-free, with spreads from 0.8 pips. Some users report reduced leverage and removed bonuses once they become profitable, and spreads can widen in volatile periods.
- Overall score
- 4.6/5
- Min. deposit
- $5
- Regulation
- CySEC, DFSA, FSC, FSCA, FSA
- Markets
- CFDs, Commodities, Cryptocurrencies, Forex, Indices, Metals, Shares
- Platforms
- MetaTrader 4, MetaTrader 5, Mobile apps, Web platform, Proprietary platform
- Account types
- Standard account, Demo account, Islamic account, VIP account
FP Markets, AvaTrade, XM
#4 XTB
Recommended for traders who want a large instrument choice and low forex fees
More than 11,000 instruments cover real stocks, ETFs and CFDs, and forex fees are below average. Execution is fast across platforms. MetaTrader 4 and 5 are not supported, and high fixed costs for stocks weigh on small accounts.
- Overall score
- 4.5/5
- Min. deposit
- $0
- Regulation
- FCA, KNF, CySEC, IFSC
- Markets
- Bonds, CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Indices, Metals, Shares
- Platforms
- Web-based platforms, xStation 5, Web platform, Proprietary platform
- Account types
- Standard account, Demo account, Islamic account, VIP account
#5 Finansero
Recommended for traders who want a proprietary platform with Autochartist and zero commissions
The XCITE platform includes Autochartist at no extra charge, and pricing is spread-only with no commissions. Over 300 instruments span seven asset classes. MetaTrader 4 and 5 are not supported, and crypto leverage is capped at 1:2.
- Overall score
- 4.0/5
- Min. deposit
- $200
- Regulation
- CySEC
- Markets
- CFDs, Commodities, Cryptocurrencies, ETFs, Forex, Futures, Indices, Metals, Share CFDs
- Platforms
- Mobile apps, Proprietary platforms, WebTrader, Web platform, Proprietary platform
- Account types
- Standard account, Demo account