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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1Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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2Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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3Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.
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4IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries.
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5Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
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 | 1:50 | ✗ | NFA, CFTC | Forex, Stocks, Futures, Futures OptionsForex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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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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✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $200 | 0.01 Lots | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ASIC, CySEC, FSA, CMA | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:Unlimited | ✓ | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | 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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✓ | $200 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $10 | 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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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Yes (EAs & FIX APIs) | ✗ | ✓ | ✗ | ✗ | 1:200 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade | ✓ | ✗ | ✗ | ✗ | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
| 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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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | CHF 100 | 0.1 | 0.1 | 0.1 | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
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✗ | $0 | 0.02 | 0.02 | BTC 42.036 | |
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
| 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:
| Broker | Popularity |
|---|---|
| Exness |
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| FOREX.com |
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| Dukascopy |
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| IC Markets |
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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
- 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.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- 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.
- 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.
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 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.
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy offers top-notch research, including a professional TV studio in Geneva for financial news, market analysis, and daily expert insights.
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.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
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
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
Cons
- 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.
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
- IC Markets won DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its top-notch MetaTrader integration, perfected over years to enhance the platform experience.
- IC Markets provides some of the smallest spreads in the industry, offering 0.0-pip spreads on major currency pairs. This makes trading particularly cost-efficient for traders.
Cons
- Interest is not earned on unused funds, a feature commonly available at other platforms such as Interactive Brokers.
- Despite having four top-tier third-party platforms, there is no in-house software or trading app specifically designed for new traders.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
- Exness was the first brokerage to reach monthly trading volumes of $1 trillion and $2 trillion, demonstrating its credibility.
Cons
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
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.