Looking for Lowest Spread Forex Broker? Not sure who is truly regulated and legit Forex brokers with lowest spread or which one is suitable and best for you?
We provide answers to all the questions in this article. We researched and compared over 30 Forex brokers and found the Lowest Pip Spread Forex Brokers we check their regulation status, spread & commission, the time for deposit & withdrawal and many more findings.
Which Forex Broker has the lowest spread?
Looking for Forex broker with the lowest Spread? Spread is considered smallest with lowest bid ask spread added by the broker, since final spread is always consistent of two parts, first one is interbank and then markup added by the broker which is the trading cost itself.
To find lowest Spread Forex Broker you should check carefully trading conditions, as spreads from 0 pips usually add commission charge per lot as trading costs, meaning it is not Lowest Spread Broker (see Zero Spread Forex brokers)
To find Forex Broker with the Lowest Spread we open Standard or Spread Only Live trading account with over 30 popular Forex brokers. And based on our research lowest average spread FX is 1.2 for EURUSD pair and average lowest spread on Bitcoin is 72.81 or 0.6%
To rank fee levels for Standard account we collected Spreads derived from Live Trading account for popular instruments from 6 markets and over 150 brokers
|Forex||EUR/USD||0.1-0.9||1-1.5||1.6 or higher|
|Indices||US 500||0.1-0.4||0.5-1.4||1.5 or higher|
|Commodities||Gold||0.1-0.4||0.5-2||2.1 or higher|
|Stocks||Tesla||0.1-0.5||0.6-1||1.1 or higher|
|ETFs||US Russell 2000||0.1-0.4||0.5-1.4||1.5 or higher|
|Cryptocurrencies||Bitcoin||0.1-0.5%||0.6-0.9%||1% or higher|
Best Forex broker Lowest Spread
To select the Best Forex Broker with Lowest Spread we research and compare only Regulated and trusted Forex Brokers, we review details of license, spreads and commission, trading platform, deposits and withdrawals conditions, education and customer service. Here is our List of Lowest Spread Forex Brokers by category:
- ActivTrades – Lowest Spread Broker for Currency trading
- GKFX – Lowest Spread Broker in UK
- Admiral Markets – Best Lowest Fixed Spread Forex Broker
What makes a good Lowest Spread broker?
You should check 3 points that make broker a good Lowest Spread Forex Broker also suitable for your trading need, compare licenses, trading conditions, account offering and markets or platforms you may need.
- Must be licensed by a reputable authority like FCA in the UK, ASIC in Australia or similar for traders funds safety
- Offer Standard Spread Only account which can be Variable Spread or Fixed Spread Account and add no commission charges for trades (account with commission and zero spreads are not Lowest Spread Accounts)
- Provide good range of trading instruments to diversify your portfolio and has trading platform you prefer to use with research and education tools
Lowest Spread Forex broker Comparison List & Review
Here we made a list of Best Lowest Spread Forex offering Standard accounts based on Spread only fixed or variable. In addition to the Top 3 Lowest Spread Brokers mentioned above here is comparison List of Lowest Spread Forex Broker Reviews:
|Forex Broker||Lowest Spread||Why they are our top picks||Our Review|
|ActivTrades||Yes||ActivTrades is our winner – Lowest Spread Currency Pairs Forex Broker. The spread for popular EURUSD is only 0.57 almost 50% cheaper than average, also ActivTrades might be good for active and advanced traders due to numerous tools.||Visit ActivTrades site |
|GKFX||Yes||GKFX is one of the Best for Lowest Spreads overall and UK traders. GKFX offering various account types and very competitive trading conditions. We got 0.67 pips for EURUSD, only 0.83 FTSE100 and 2 pips for Gold, lowest Gold Spread Broker on average 20-40% lower than industry averages for all assets.||Visit GKFX site|
|Admiral Markets||Yes||Admiral Markets is one of the best fit if you are looking for a low Spread broker and lowest fixed spreads overall. Admiral Markets EUR/USD spread averages at 0.6 which is much lower than average 1.2 on other brokers plus its proposal is very wide and suitable for beginners||Visit Admiral Markets site|
Admiral Markets review
|AxiTrader||Yes||AxiTrader might be the best for lowest Bitcoin spread and Cryptocurrency trading, AxiTrader offers 14.4 spread for Bitcoin, while industry average is around 70-80.||Visit HotForex site|
|BlackBull Markets||Yes||Looking for regulated high leverage Forex Brokers with Low spreads, BlackBull should be your choice. Beside to high leverage ratios up to 1:500, which is rare due to regulations, we found lowest spread for Stocks trading Apple 0.4 only. Plus there is a range of platforms to choose from including MT4, MT5 and copy ZuluTrade.||Visit BlackBull Markets site|
BlackBull Markets Review
|Saxo Bank||Yes||Saxo Bank is good for VIP accounts and larger accounts for low spread broker. Saxo EUR USD spread is averaging on 0.8 pips, while majority of brokers average on 1.2 which is 35% lower. Also, Saxo is trusted European Online Bank with competitive trading conditions but require minimum of 10,000$.||Visit Saxo Bank site |
Saxo Bank Review
|Tickmill||Yes||Tickmill might be the best fit if you are looking for a Zero Spread account and lowest commission charge. With min. balance 50,000$ you get NDD execution with all strategies allowed, spreads from 0.0 pips and just 1 EUR commission per side.||Visit Tickmill site|
More on Lowest Spread Forex Broker
To get you started and find the best suitable Forex Broker with Lowest spread it is better to navigate categories and select broker that offer good trading conditions, also compare Forex Broker Reviews.
ECN Forex Brokers with Lowest Spread
ECN Accounts have different fee structure, where spreads are starting form 0 pips and are interbank spread same in all brokers, the difference is a commission charge broker adds as a trading fee. So there is no Lowest Spread ECN Broker but a Lowest Commission ECN Broker. Check Interactive Brokers as one of the best US Forex Broker lowest commission spread US Broker and Lowest Spread Forex Broker Canada.
Lowest Spread Forex Brokers UK
Lowest Spread Brokers in UK including some industry popular and leading brokers like GKFX or Libertex for Zero Spread account.
Lowest Spread Forex Broker Australia
Australia brokers with Forex trading Lowest Spread including Admiral Markets and Pepperstone.
Lowest Spread Forex Brokers Singapore
Singapore Brokers with lowest spreads including popular IG, HotForex and Saxo bank for VIP accounts.
FX Broker Lowest Spread Hong Kong
Hong Kong Brokers with lowest spreads including one of the biggest brokerages Rakuten and FXTM.
Author of this review
By Jimmy O'Brien
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets.
I am passionate about observing foreign exchange movements, sharing educational insights into the financial markets, and adding value wherever I can.