2026 ranking

Best low-spread forex brokers

Spread is the single biggest recurring cost in forex trading. These brokers offer genuine raw/ECN pricing — we ranked them by the all-in cost of a standard EUR/USD lot (raw spread plus commission), measured during the London session.

FXTM FSC, FSCA, CMA

All-in cost / lotcirca $5.50 per lot (ECN)

4.4

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HFM FCA, CySEC, DFSA, FSCA

All-in cost / lotcirca $6.50 per lot (Zero)

4.2

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Exness CySEC, FSCA, FSA

All-in cost / lotcirca $7.00 per lot (Raw)

4.6

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IC Markets ASIC, CySEC, FSA

All-in cost / lotcirca $7.20 per lot

4.9

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Pepperstone FCA, ASIC, CySEC

All-in cost / lotcirca $7.70 per lot

4.8

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Ranked by the SpreadScout Score from hands-on testing on funded accounts. We may earn a commission — it never affects the ranking. 74–89% of retail CFD accounts lose money.

Low-spread brokers — frequently asked

Which forex broker has the lowest spreads?

On our testing, IC Markets and Pepperstone offer the tightest all-in EUR/USD costs via their raw/ECN accounts. Always compare the all-in cost (spread + commission), not the spread alone.

Are zero-spread accounts really free?

No. "Zero" or "raw" accounts show near-0.0 spreads but charge a commission per lot. The true cost is spread plus commission combined — which is what we rank on.

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