Best Brokers With Low Spreads 2026
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 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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2PU Prime is a forex and CFD broker providing direct market access to forex, commodities, stocks, bonds, indices, and ETFs. It offers four account types (Cent, Standard, Prime, ECN) and multiple platforms, including MetaTrader and the PU Prime app, catering to traders of all levels.
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3Established in 2019, FXGT is an offshore broker offering CFD trading on over 185 instruments. Using MT4, MT5, and FXGT Trader (introduced in 2024), alongside five account types (Mini, Standard+, ECN Zero, PRO, and Optimus), FXGT serves a wide range of traders.
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4TMGM is a broker supervised by ASIC, offering forex and CFD trading in a variety of markets such as stocks, indices, crypto, and commodities. Their account options offer a choice of either no commission or no spreads, with competitive rates overall.
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5Global Prime is a widely regulated trading broker providing access to over 150 markets. With a minimum deposit of $200, traders can leverage up to 1:100. The company is highly trusted and reputable, holding a license from the ASIC.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds, Crypto Forex, 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 | ✓ | ✗ | |
 |
✓ | ✓ | $20 | 0.01 Lots | 1:1000 | ✓ | ASIC, FSCA, CMA, FSA, FSC | CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs | PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist | USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
 |
✓ | ✓ | $5 | 0.01 Lots | 1:5000 | ✗ | FSCA, FSA | CFDs, Forex, Stocks, Indices, Commodities, Crypto | FXGT Trader, FXGT App, MT4, MT5 | USD, EUR, JPY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:500 | ✓ | ASIC, FMA, VFSC | CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex | MT4, MT5, TradingView, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD | ✓ | ✗ | ✗ | |
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✓ | ✓ | A$200 | 0.01 Lots | 1:200 | ✓ | ASIC, VFSC, FSA | Forex, indices, commodities, cryptocurrencies, shares, bonds | MT4, TradingView, AutoChartist | USD, EUR, GBP, CAD, AUD, SGD | ✓ | ✓ | ✗ | |
| 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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✓ | $20 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $5 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | A$200 | 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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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:5000 | ✗ | ✗ |
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✓ | ✓ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
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✓ | ✓ | ✓ | ✓ | ✗ | 1:200 | ✓ | ✗ |
| 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 2026.
| 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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✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| 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 |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|
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✗ | $15 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | $0 | 0.2 pips (ECN) | 27.5 (BTC) | |
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✗ | $0 | 2.2 | Variable | |
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✗ | ✗ | 0.3 | Variable | |
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✗ | ✗ | 0.16 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
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 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
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With PU Prime?
PU Prime is ideal for experienced, high-volume traders due to its ECN account with tight spreads starting at 0.0 pips and low commissions from $1 per side. The user-friendly copy trading app and comprehensive Trading Academy with progression levels also make PU Prime attractive for aspiring traders.
Pros
- Prime and ECN pricing can be competitive for active traders, with our tests showing spreads narrowing to about 0.0 pips during busy sessions.
- There is an excellent set of tools for short-term traders, including margin calculators, position sizing tools, economic calendars, and technical insights from Autochartist.
- The platform lineup is robust, featuring the PU Prime Web Trader and app, both user-friendly with a modern design, customizable order tickets, and responsive charts for quick trades.
Cons
- The ECN account requires a $10,000 minimum deposit, making it inaccessible for some active retail traders who may have to pay higher spreads and commissions on Prime, Standard, or Cent accounts.
- The in-house market updates are helpful for quick reading, but they are usually high-level and lack depth for detailed strategy development or advanced analysis.
- Contacting customer support can be difficult and slow. Our recent tests showed that reaching an agent required navigating several chatbot menus, answering questions, and entering contact details.
Why Trade With FXGT?
FXGT, with its Optimus account, targets traders by offering high leverage of up to 1:5000. This allows for the potential of increased profits and losses, but with less regulatory protection.
Pros
- Five account types are available for different trading needs, including accounts for beginners and advanced traders. The Optimus account, originally for traders, now offers the highest leverage up to 1:5000, which can increase both profit and loss.
- FXGT excels by offering access to over 30 popular cryptocurrencies, like Bitcoin and Ethereum. This benefits traders looking to diversify into digital assets, providing an extra market beyond traditional forex and stocks.
- FXGT offers several platforms like MT4, MT5, and its own FXGT Trader, introduced in 2024, to accommodate different trading styles, including MetaTrader's automated trading with Expert Advisors (EAs).
Cons
- FXGT offers about 185 assets, which is limited compared to leading brokers like Saxo with 72,000+ instruments. FXGT lacks access to many international stocks.
- FXGT is regulated by regional authorities like the Seychelles FSA and South Africa's FSCA, but it lacks licenses from top regulators such as the UK's FCA or Australia's ASIC. Therefore, traders might not receive the same level of investor protections, strict oversight, or dispute resolution mechanisms.
- FXGT provides some research, including a market analysis section and economic calendar, but these are not as comprehensive as those from brokers like IG. Traders seeking detailed analysis, in-depth reports, or third-party research will find FXGT's resources lacking.
Why Trade With TMGM?
TMGM is an excellent choice due to its wide variety of assets, various account options, multiple platform choices, and reasonable pricing. It's well-suited for trading and traders.
Pros
- Enjoy low trading fees. Classic account holders have spreads starting from 1 pip. For raw spread accounts, you'll have zero spreads with a $7 round-trip commission.
- Wide variety of assets available, encompassing 10,000 international stocks. Suitable for all types of traders.
- HUBx provides copy trading support for new traders and those with limited time.
Cons
- Shares can only be traded on the IRESS account and are not tradeable through MT4 and MT5.
- A $30 monthly fee applies to trading accounts that are either inactive for over 6 months or contain less than $500.
Why Trade With Global Prime?
Global Prime is a good fit for both novice and experienced traders, providing leading market access, low costs, and features such as copy trading.
Pros
- Segregated client funds
- Fast trade execution with a latency as low as 10ms.
- ECN account
Cons
- US and Canada-based clients are not eligible for trading services.
- No MetaTrader 5 integration
- Limited account choices for trading.
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.