Best Brokers With Fixed Spreads 2025
Discover the top brokers that offer the stability of fixed spreads, providing predictable trading costs and shielding your strategy from sudden market shifts.
-
1
eToro USA provided fixed spreads on selected indices in our review, like 0.75 points on the S&P 500 and 1.5 points on the NASDAQ 100, from 8:00 AM to 4:30 PM (ET), with no commission. Execution speed was consistently fast, averaging under one second.
-
2
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 In our tests on the TN Trader platform, EUR/USD fixed spreads consistently stayed at 0.6 pips (1 pip round-trip) with no commission, making them more predictable than variable spreads. Execution was quick, transparency was excellent, and spreads remained stable, except during a 1-hour daily rollover when they widened to about 1.4 pips. Suitable for volatility-resilient trading.
-
3
Trust Platform Assets Fees Accounts Research Education Mobile Support 3.5 In our tests, easyMarkets' fixed-spread accounts had steady costs—EUR/USD from 1.8 pips standard, down to 0.8 pips for VIP, with no commission. Execution was dependable, transparency was high, and tools like dealCancellation and guaranteed stop-loss performed well during volatility. Suitable for beginners.
-
4
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9 When we tested AvaTrade's fixed spreads, they offered consistent predictability, especially on EUR/USD, with a fixed 0.9 pips and no additional commission. This was cost-effective for swing and news traders who need stability during volatile periods. While execution speed was sometimes average, the fixed pricing provided clear protection against sudden market spikes.
-
5
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 During our tests, FxPro provided fixed spreads only through its MT4 Fixed account. The EUR/USD was set at 1.6 pips with no commission, which was less competitive for high-volume traders. However, the fixed pricing offered transparency and predictability during news events, unlike variable spread accounts that widened significantly.
Compare Fixed Spread Brokers
Safety Comparison
Compare how safe the Best Brokers With Fixed Spreads 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With Fixed Spreads 2025.
Comparison for Beginners
Compare how suitable the Best Brokers With Fixed Spreads 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Brokers With Fixed Spreads 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Brokers With Fixed Spreads 2025.
Detailed Rating Comparison
Compare how we rated the Best Brokers With Fixed Spreads 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With Fixed Spreads 2025.
Broker Popularity
See how popular the Best Brokers With Fixed Spreads 2025 are in terms of number of clients.
Broker | Popularity |
---|---|
eToro USA |
|
FxPro |
|
AvaTrade |
|
easyMarkets |
|
Why Trade With eToro USA?
eToro is a top choice for traders due to its top-notch social investing and copy trading services. The broker caters well to new traders with its low deposit requirement, commission-free trading, and user-friendly platform.
Pros
- The broker's Academy provides extensive educational resources for traders, ranging from beginners to advanced levels.
- The online broker provides a user-friendly social investment network for easy crypto trading replication.
- Traders can use Smart Portfolios for a simpler approach, covering multiple sectors and markets like renewable energy and artificial intelligence.
Cons
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
- There are fewer trading options available, including only stocks, ETFs, and cryptos, compared to competitors.
- Average fees can reduce the profits of traders.
Why Trade With Trade Nation?
Trade Nation is a suitable platform for new traders, offering diverse financial markets in a user-friendly environment. It has no minimum deposit requirement, provides free funding options, and robust educational resources.
Pros
- The brand offers a variety of trading platforms and apps, like MT4, suitable for skilled traders.
- The trading company provides narrow spreads and clear pricing.
- Trade Nation, a widely recognized and regulated broker, formerly functioned as Core Spreads.
Cons
- Lower legal safeguards with overseas businesses.
Why Trade With easyMarkets?
easyMarkets offers fixed spreads starting at 0.7 pips, making it ideal for beginners needing predictable costs. With a Bitcoin-based account, it's also a great choice for crypto traders wanting to deposit, trade, and withdraw in digital currencies.
Pros
- easyMarkets prioritizes risk management with negative balance protection, guaranteed stop losses, and dealCancellation (updated in 2024 to cover 1, 3, or 6-hour periods) in the Web Trader.
- easyMarkets introduced Bitcoin as a base currency in 2019, standing out in the market. This removes the need to convert crypto to fiat, lowering fees and simplifying management for crypto-focused traders.
- With over 20 years in the industry, multiple awards, and approval from two top regulators, easyMarkets maintains its reputation as a secure broker for active traders.
Cons
- easyMarkets does not provide a zero-spread account like Pepperstone. This can be a disadvantage for traders and high-frequency traders who need low transaction costs.
- easyMarkets offers comprehensive educational resources for beginners but does not meet advanced traders' needs. The Academy includes well-organized courses and engaging gamification, but the content is not detailed enough.
- easyMarkets lags as it lacks the copy trading features offered by category leader eToro. These features are popular among newcomers wanting to follow the strategies of experienced traders.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
Cons
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
Why Trade With FxPro?
FxPro is an excellent choice for traders, offering fast execution in under 12ms, competitive fees reduced in 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge.
Pros
- FxPro uses a 'No Dealing Desk' (NDD) model, providing fast and clear order execution, often under 12 milliseconds, suitable for short-term trading strategies.
- FxPro provides four reliable charting platforms, including the user-friendly FxPro Edge, which features over 50 indicators, 7 chart types, and 15 timeframes.
- FxPro's Wallet is a key feature that lets traders manage funds securely. By separating unused funds from active trading accounts, it offers extra protection and convenience.
Cons
- FxPro offers customer support 24/5 via multiple channels, performing well in tests, but it lacks 24/7 availability, which might be a drawback for traders needing help outside regular market hours.
- There are no passive investment tools like copy trading or interest on cash. While traders may not miss these features, competitors like eToro offer more options for both active and passive investors.
- Despite having a growing Knowledge Hub and a $10M demo account, FxPro is mainly for advanced traders, and beginners might find the account and fee structure complicated.
Filters
Methodology
We identified all brokers offering fixed spreads in our evolving database, then recorded and analyzed their spreads across:
- Forex: e.g. EUR/USD, GBP/USD, EUR/GBP
- Stocks: e.g. Apple
- Indices: e.g. FTSE
- Commodities: e.g. oil
- Crypto: e.g. Bitcoin
Each broker was then ranked based on our overall rating, which combines 200+ data points with insights from our expert testing panel – comprised of industry professionals and advanced traders – who rigorously assess platform performance, pricing consistency, and trading conditions.
What to Look for in a Fixed Spread Broker
Fixed spread brokers can be a great choice if you want stable trading costs and no surprises.
While they may have slightly higher spreads in our experience, they protect traders from sudden spread spikes during volatile periods, making them attractive to beginners and news traders.
Still, from our years of testing various fixed spread brokers, we know they aren’t all created equal. Here’s what you should consider:
Regulation and Security
Always trade with a regulated broker to ensure your funds are safe. Look for brokers licensed by:
- FCA (UK): Top-tier regulation with strong client protection
- ASIC (Australia): Strict rules to protect traders
- CySEC (Cyprus): Well-regulated, offering client fund segregation
- FSCA (South Africa): Growing regulation with solid oversight
City Index stood out during our testing for its excellent regulatory oversight and standing in the industry, with licenses from the FCA, ASIC, CySEC, and MAS.
Spread Size and Trading Costs
Not all fixed spreads are the same. Look for brokers offering:
- Tight spreads on major forex pairs (e.g., EUR/USD fixed at 1.5 pips or lower)
- No hidden fees or commissions (some brokerages charge extra fees)
Years on, and Pepperstone is still among the cheapest fixed spread brokers we’ve seen, featuring fixed spreads on the EUR/USD of 1.0 pip.
Pro tip: Check whether spreads differ depending on the platform you can use. As you can see in the example below, easyMarkets offers fixed spreads from 4 on OIL/USD on its own web platform and app, plus TradingView, but they start from 3 on MT4.
Available Markets and Instruments
Does the broker offer only forex trading, or can you trade commodities, stocks, and crypto? A wider range of markets means more trading opportunities.
Fixed spread broker, FxPro, really impressed during our tests in this department, letting you trade across 70+ forex pairs, 2,000+ stocks, 28+ crypto pairs, 12+ metals, 18+ indices, 3+ energy commodities, and 38+ futures contracts on major global markets.
Trading Platforms and Tools
The best brokers offer platforms like:
- MetaTrader 4 (MT4): Perfect for forex traders
- MetaTrader 5 (MT5): More advanced tools and additional assets
- TradingView: An increasingly popular alternative to MetaTrader with an interface that’s leaps ahead
- Proprietary platforms: Some fixed spread brokers, notably Trade Nation, have their own powerful and intuitive platforms
Expert take: In the hunt for competitive spreads, make sure you don’t overlook some of the other essential qualities your broker must provide. Look for fast execution, mobile compatibility, and advanced charting tools.
Order Execution Speed
Since fixed spread brokers often use the market maker model in our investigations, choosing a broker with fast execution speed is crucial. Avoid brokers with frequent requotes or slow trade execution.
Although market makers provide spread stability, they may delay execution or requote prices in volatile conditions. So, if I choose a fixed spreads broker, I still always check if I’m getting my orders filled quickly and close to the prices I’ve seen quoted.
Pepperstone is another terrific pick here with execution speeds averaging just 30ms – significantly faster than our 100ms benchmark for a ‘fast broker’.
Account Types and Minimum Deposits
Some brokers offer low-deposit fixed-spread accounts, while others require higher deposits for tighter spreads. Pick an account that fits your trading budget.
Interestingly, we’re seeing a growing trend of brokers with low minimum deposits, sometimes even $0 at providers like City Index, catering to absolute beginners.
FAQ
What Is a Fixed Spread Account?
Fixed spread accounts provide a consistent difference between the buying and selling price of assets, regardless of market fluctuations.
How Do Fixed Spread Brokers Work?
Most fixed spread brokers operate as market makers, meaning they set their own spreads instead of passing trades directly to liquidity providers.
This model allows them to control trading costs for their clients while making money from the spread difference.
What Is the Difference Between a Fixed and Variable Spread?
A fixed spread remains constant, while a variable spread can change with market conditions.
- Fixed spreads remain constant regardless of market conditions. Your spread stays the same whether it’s a calm trading day or a volatile news event.
- Variable spreads, on the other hand, fluctuate based on market liquidity and volatility. They may be tight when the market is stable but widen significantly during significant events like NFP (Non-Farm Payroll) releases or interest rate decisions.
There are benefits to both:
- Fixed spreads offer reliability and predictability.
- Variable spreads might be cheaper in calm market times but can widen significantly during volatility.
How Will a Fixed Spread Account Impact My Trading Costs?
With fixed spreads, you always know how much you’ll pay per trade. This makes them ideal for beginners who want to avoid unexpected costs and news traders who don’t want spreads widening before entering a position.
For example, if your broker offers a fixed spread of 1.5 pips on EUR/USD, that’s what you’ll pay, whether the market is calm or volatile. In contrast, a variable spread might start at 0.6 pips but shoot up to 5 pips or more during news events.
What Are the Pros and Cons of Fixed Spread Accounts?
Pros:
- Predictable Costs: No surprises when spreads widen suddenly
- Better for News Trading: Avoid massive spread spikes during news releases
- Ideal for Small Accounts: No need for a large balance to manage fluctuating costs
- Smoother Trading Experience: Stable spreads create a stress-free trading environment
Cons:
- Generally Higher Spreads: Fixed spreads are often wider than the lowest variable spreads
- Potential for Requotes: Some brokers may delay execution or requote prices
- Not Ideal for Scalping: Scalpers prefer tight variable spreads during low-volatility periods
Should I Use a Broker With Fixed Spreads?
Fixed spread brokers are perfect for:
- Beginners: No sudden cost increases, making trading easier to understand
- Small Account Traders: Avoid big spread spikes eating into profits
- News Traders: No crazy spread widening during major news events
- Casual Traders: If you trade occasionally, fixed spreads keep costs predictable
However, an ECN broker with tight variable spreads might be better if you’re a high-frequency trader.