Best Brokers With Low Spreads 2025
We’ve meticulously tracked, tested, and ranked the top trading platforms to uncover the absolute best brokers with the lowest spreads in the industry.
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In our tests, Dukascopy’s ECN model offered excellent execution, averaging 20–25ms with almost no slippage, even during major news events. EUR/USD spreads often reached 0.1 pips, with commissions starting at $7 per lot, adjusted by volume. Liquidity was outstanding, making it an ideal option for institutional-style and algorithmic trading.
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In our ECN-style testing with FOREX.com’s account, execution averaged 40ms with moderate slippage during fast market moves. Spreads on EUR/USD started at about 0.1 pips with a $6 commission per lot. Liquidity was deep but somewhat fragmented during off-hours. Best for experienced traders using limit-order based strategies.
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While using PlexyTrade's ECN account, we observed average execution speeds of 45–50ms with moderate slippage during high volatility. EUR/USD spreads were about 0.3 pips, with a $7 commission per lot. Liquidity was adequate for small trades but limited during peak volatility, making it better for swing traders.
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4Founded in 2012, BDSwiss is an award-winning forex and CFD broker providing over 900 instruments to clients in more than 180 countries. With new account options, dynamic leverage, and AI-powered tools, BDSwiss offers a comprehensive trading package.
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5Established in 2016, Ultima Markets is a forex and CFD broker regulated by bodies such as CySEC. They offer trading of over 250 CFDs across categories like currencies, stocks, and commodities. Besides the popular MetaTrader 4 platform, Ultima Markets also provides an app and a social trading service for their client's use.
Compare The Best Low Spread Brokers Across Key Features
Compare the top trading platforms with the lowest spreads across key trading features:
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $100 | 0.01 Lots | 1:200 | ✗ | FINMA, JFSA, FCMC | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN | Yes (EAs & FIX APIs) | ✗ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:2000 | ✓ | FSC, FSA, SCA, MISA | CFDs, Forex, Stocks, Indices, Commodities, Crypto | BDSwiss WebTrader, MT4, MT5, AutoChartist, TradingCentral | USD, EUR, GBP | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $50 | 0.01 Lots | 1:30 (EU), 1:2000 (ROW) | ✓ | CySEC, FSC, SVGFSA | CFDs, Forex, Stocks, Indices, Commodities | UM Social, UM App, MT4 | USD, EUR, GBP, CAD, AUD, JPY, HKD, SGD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
How Safe Are The Top Low Spread Trading Platforms?
Tight spreads are key, but security matters too. Here’s how these brokers protect your funds:
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading With Low Spread Brokers – Compared
We tested the mobile apps of brokers with ultra-low spreads. Here’s how they performed on the go:
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Are The Top Low Spread Brokers Beginner-Friendly?
Low spreads help beginners minimize costs. Here’s what else to consider when choosing a beginner-friendly broker:
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 | ✗ | ✗ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $50 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Are The Top Low Spread Brokers Good For Advanced Traders?
Experienced traders value tight spreads. Here’s what else to look for in a pro-grade broker:
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Yes (EAs & FIX APIs) | ✗ | ✓ | ✗ | ✗ | 1:200 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✓ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:30 (EU), 1:2000 (ROW) | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Brokers With Low Spreads 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Ratings: Best Brokers With The Lowest Spreads
Discover how top low spread brokers ranked in our expert ratings across key performance areas:
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Low Spread Brokers Compared On Key Assets
See how these platforms' spreads compare across key financial markets based on our tests:
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | CHF 100 | 0.1 | 0.1 | 0.1 | |
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
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✗ | $30 | 0.1 | 0.3 | 38.25 (BTC) | |
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✗ | $0 | 0.1 | 0.3 | ✗ | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Which Leading Low Spread Brokers Are Most Popular?
See which low spread brokers attract the most traders - indicating reliability:
Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- Dukascopy offers top-notch research, including a professional TV studio in Geneva for financial news, market analysis, and daily expert insights.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
Cons
- Dukascopy's withdrawal fees are higher than most competitors we've tested, especially for bank wire transfers, which may discourage traders who need frequent fund access.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
Cons
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
- The platform doesn't offer social or copy trading options. This means that novice traders cannot mirror the actions of more accomplished traders, unlike on platforms such as eToro.
Why Trade With BDSwiss?
BDSwiss is ideal for traders needing quick execution, with a 68.3ms median execution speed, dynamic leverage up to 1:2000, and strong charting tools. However, regulatory oversight has declined recently.
Pros
- BDSwiss offers Cent, Classic, VIP, and Raw accounts for all traders. Beginners can choose Cent accounts with lower risk, while experienced traders might prefer VIP or Raw accounts for lower and tighter spreads and commissions on high-volume trades.
- BDSwiss improved its trading services by adding an AI trend analysis tool in 2021, a low spread account, and dynamic leverage up to 1:2000 in 2023.
- BDSwiss provides quick and dependable execution with a median speed of 68.3ms, no requotes or rejections, and 74.8% zero or positive slippage in recent evaluations.
Cons
- The BDSwiss WebTrader offers limited customization, with no window resizing or asset-specific filters for trading ideas, leading to a restrictive and frustrating user experience during testing.
- While the 900+ asset range is solid, some categories like cryptocurrencies and stocks have fewer options than brokers with thousands of shares or a broader crypto portfolio. Advanced traders seeking specific assets might feel limited.
- After giving up its CySEC (Cyprus) and FCA (UK) licenses, BDSwiss no longer accepts clients from the EU and UK. This limits its access to traders in these regulated markets, reducing its attractiveness where strong oversight is important.
Why Trade With Ultima Markets?
Ultima Markets is ideal for beginners interested in trading in well-known financial markets using the trustworthy MetaTrader 4 platform. The starting deposit is just $50, and there are no charges when you create and fund your account. Ultima Markets is also suitable for traders who are comfortable with high risk and are seeking high leverage up to 1:2000.
Pros
- User-friendly trading app for Apple and Android devices.
- High leverage up to 1:2000 available
- The Standard account requires a minimum deposit of $50 for trading.
Cons
- Sign-up process is slower than competitors.
- Limited trading options are available, excluding cryptocurrencies.
- Limited regulation of offshore trading branches.
Filters
How We Chose The Best Brokers For Low Spreads
We scoured our evolving database of online brokers to identify those offering the lowest trading spreads.
We then ranked these low spread brokers using our proprietary scoring system, built from over 200 individual data points across 8 core categories.
To ensure accuracy, we recorded spreads across eight popular financial markets – covering major forex pairs, stocks, key indices, commodities, and crypto. These data feed into our 1 to 5 cost rating, helping traders identify platforms with the tightest spreads.
Our hands-on testing further evaluated how efficiently each broker delivers low spread trading conditions, so that you can choose a platform with confidence.
What To Look For in a Top Broker With Low Spreads
Over the years, we’ve recorded more than 3,500 individual spreads across our library of online brokers, from minimum to average values.
As trading platforms adjust their pricing – lowering or increasing spreads – we keep our data up to date.
This long-term tracking gives us a clear, data-backed perspective on what truly defines a top low-spread broker – and what traders should prioritize when choosing one:
Average Spreads
The bid-offer spread can be highly elastic according to broader market conditions. The spread, for example, can widen substantially during volatile periods (such as following the release of key economic data), or during off-peak trading periods when liquidity is lower.
For this reason, focusing on the minimum spreads that a broker advertises can lead to disappointment. Instead, it’s more important to consider the average or typical spreads that traders can experience at certain points of the day.
Top broker for low average spreads: Year after year IC Markets wipes the floor with most brokers when it comes to low average spreads, coming in at 0.02 on EUR/USD, 0.23 on GBP/USD and 0.27 on EUR/GBP if you opt for the Raw Spread account, keeping costs to a minimum for active traders.
IC Markets is transparent about its trading spreads that routinely beat most brokers in our tests
Overall Costs
Spreads are only one part of the equation when it comes to evaluating broker costs, however.
For instance, some companies (like ECN account providers) may offer low spreads, but will compensate for this by charging higher commissions that can eradicate the spread benefit.
Let’s say I wish to purchase 100 shares in Nvidia. Here’s how the total cost of the transaction could differ between two brokers.
| Broker | Bid Price | Ask Price | Spread | Commission | Total Cost |
|---|---|---|---|---|---|
| A | $114.30 | $114.40 | $0.10 | $7 | ($0.10 x 100) + $7 = $17 |
| B | $114.30 | $114.45 | $0.15 | $0 | $0.15 x 100 = $15 |
As you can see, using broker B would be more cost-effective for me despite the wider spread.
It’s also critical to consider other charges like account management fees, charges when depositing cash or making withdrawals, and account inactivity costs.
Pro tip: Some low-spread accounts may also require traders to place higher deposits.
Top broker for costs: Fusion Markets strikes the balance between low spreads, for example 0.05 on EUR/USD and 0.01 on certain stocks, alongside its below-average commissions of $2.25 per side, keeping overall trading costs to a minimum.
Account Type
As well as offering standard accounts, certain low-spread brokers provide traders with the option to use an Electronic Communication Network (ECN) account.
ECN brokers directly connect traders with other market participants (namely other retail traders, banks, hedge funds, and other financial institutions).
They do not get involved with order execution as counterparties, and prices are transparent and based on real market supply and demand.
With no broker markup involved, the difference between bid and offer prices on ECN accounts is referred to as the ‘raw spread.’
Pro tip: The spread among ECN brokers tends to be at or around 0.0 pips on many asset classes from our analysis. However, these intermediaries often charge a fixed commission for trades to compensate for not marking up the spread.
Other advantages of using an ECN account include faster execution speeds and the ability to trade outside normal business hours.
Top broker for account type: IC Trading allows traders to deal in currencies, stocks, indices, bonds, commodities, cryptocurrencies, and derivatives. Spreads are ultra-low across its product catalogue from our tests and at 0.0 pips on major currency pairs.
Execution Speeds
As mentioned, ECN accounts also tend to deliver rapid execution speeds for trading. This is especially critical if you wish to use a fast-paced dealing strategy (like day trading or scalping).
The best trading platforms offer reliable and fast trade execution, particularly when markets are moving quickly. If my order is placed at a worse price than was quoted (known as slippage), the profit boost that the lower spread provides could be drastically reduced or eliminated entirely.
Along with the execution speeds, also consider other aspects of the broker’s trading platform. For instance, you’ll want to use software that’s easy to navigate; is highly customizable; offers advanced charting software; and provides additional tools (like analyst notes and other educational resources).
Top broker for execution speeds: Pepperstone’s average execution speeds are an impressive 30 milliseconds. While the broker doesn’t offer its own proprietary trading platform, traders can plug-in using popular third-party platforms MT4, MT5, TradingView and cTrader, with low spreads across its suite of trading software.
Regulatory Status
Whilst minimizing the bid-offer spread is essential, ensuring that the broker you choose provides a high level of service – and won’t run off with your money or personal data – is even more important.
This is why you should choose a company that’s licensed to trade by one or more regulatory authorities. Ideally, the broker should have received the ‘green light’ from a body that operates in a country with well-established financial markets, such as the US, UK or Europe.
Pro tip: Legitimate brokers will typically display their regulatory status on their website. However, don’t just take this at face value: verify the company’s licensing claims on the official website of the regulator with whom they proclaim to be registered with.
Top broker for regulatory status: FOREX.com is authorized to do business by regulators in 10+ countries, including Australia, Japan, Singapore, the US and the UK, while standing out in our tests for its ultra-low spreads from as low as 0.0 pips on EUR/USD.
FAQ
What Is ‘The Spread’ In Trading?
This is the difference between the ‘bid’ price (what buyers are willing to pay) and the ‘offer’ price (what sellers are demanding). The offer price is also commonly known as the ‘ask’ price.
Who Benefits From The Spread?
It’s the broker who profits from the difference between the bid and ask prices, and who sets the level of the spread.
This generally applies to non-ECN brokers, who create wider spreads in order to make a gain on each trade. By contrast, ECN brokers often create spreads as low as 0.0 pips and charge a commission on trades instead.
Why Are Low Spreads Important?
The narrower the spread, the greater the share of the profit that’s retained by the trader. This is especially important for high frequency traders (such as ‘scalpers,’ who can place hundreds or even thousands of trades every day).
A low-spread environment can facilitate a more aggressive trading strategy, and for individuals to place more precise entry and exit points for their trades.
In some cases, the trader may even lose money simply because the price movement of the traded asset is too small to offset the spread.
Let’s say I wish to trade spot gold, where the yellow metal is traded for immediate settlement, using a CFD. My broker quotes:
- A bid price of $2,000.
- An ask price of $2,000.50.
The spread here is $0.50. So, for me to break even, the price of gold must rise above this. Any amount above half a US dollar is pure profit, but conversely, I’ll lose money if gold fails to meet this threshold.