10 Best Zero Spread Forex Brokers

Edited by: Marlie Rosset

Best Zero Spread Forex Brokers Main

 

The 10 Best Zero Spread Forex Brokers revealed. We have evaluated hundreds of Forex and CFD Brokers charging the tightest spreads to identify the 10 Best with spreads from 0.0 pips on EUR/USD.

 

10 Best Zero Spread Forex Brokers (2025)

 

  1. Exness – Overall, The Best Zero Spread Forex Broker
  2. IC Markets – Spreads can start from 0.0 pips on Raw Accounts
  3. Pepperstone – Competitive spreads and commission structure
  4. AxiZero Spreads on major Forex pairs
  5. Vantage Fx – Ultra-low spreads, with some accounts offering spreads from 0.0 pips
  6. Tickmill – Fast execution speeds and competitive commissions
  7. RoboForexZero pips Spreads on specific account types
  8. HFM – No hidden fees, and low commissions
  9. XMZero Spreads on major currency pairs
  10. FXOpen – Low-cost trading with spreads from 0.0 pips

 

Top 10 Forex Brokers (Globally)

 

 

1. Exness

 

★★★★★
Minimum Deposit: $1
Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Crypto: Yes

 

Exness is a globally regulated forex broker offering zero spread accounts with raw spreads from 0.0 pips, fast order execution, high leverage up to 1:2000, and support for local payment methods. Ideal for cost-conscious traders.

 

BrokerExness
Regulation🇨🇾 CySEC
🇬🇧 FCA
🇸🇨 FSA
🇿🇦 FSCA
🇻🇬 FSC
🇲🇺 FSC
🇨🇼 CBCS
🇰🇪 CMA
🇯🇴 JSC
Minimum Deposit10 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
Leverage1:Unlimited
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Exness Web Terminal
Exness Trade mobile app
CFDs Total200+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

Exness Zero Spreads

 

Frequently Asked Questions

 

Is Exness a legit and regulated broker?

Yes, Exness is a legitimate and highly regulated broker. It holds licenses from multiple reputable international bodies, including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), and FSC (Mauritius and BVI), ensuring client protection and operational transparency.

 

Does Exness offer zero spread accounts?

Yes, Exness offers a “Zero” account type designed for traders seeking ultra-low spreads. This account features 0.0 pip spreads on the top 30 most traded instruments for 95% of the trading day, alongside a small commission per lot.

 

★★★★★
Minimum Deposit: $1
Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Highly RegulatedLimited Education
Resources
Low Minimum DepositNo Proprietary
Copy Trading
Zero Spread AccountsNot Available in
Some Regions
High LeverageLeverage Restrictions
May Apply

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐☆☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐⭐
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐☆☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

Exness is a globally authorized and well-regulated forex broker offering zero spread accounts, high leverage, and fast withdrawals. Its low entry barrier and strong safety features make it ideal for both new and experienced traders.

 

2. IC Markets

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

IC Markets is a globally regulated forex broker offering raw spread accounts with spreads from 0.0 pips, ultra-fast execution, and low commissions. It supports MT4, MT5, and cTrader, making it ideal for scalpers and algorithmic traders.

 

BrokerIC Markets
Regulation🇦🇺 ASIC
🇨🇾 CySEC
🇸🇨 FSA
Minimum Deposit200 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:500
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
IC Markets WebTrader
CFDs Total2,300+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

IC Markets Zero Spreads

 

Frequently Asked Questions

 

What platforms does IC Markets support?

IC Markets supports a strong lineup of trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both highly popular for their advanced features. They also offer cTrader for ECN-style trading and TradingView, known for its powerful charting tools.

 

Does IC Markets offer copy trading?

Yes, IC Markets offers comprehensive copy trading solutions. They provide cTrader Copy integrated directly into their client area for seamless access. Additionally, they support their own IC Social app and external services like ZuluTrade and Signal Start.

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Tight Spreads from
0.0 Pips
$200 Minimum Deposit
Low Commission FeesLimited Investor
Protection in Some
Jurisdictions
Fast Execution SpeedNo Proprietary Platform
Multiple Trading
Platforms
No Bonuses or
Promotions
Islamic Accounts
Available
Inactivity Fees

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

IC Markets is a legit and well-regulated forex broker offering zero-spread accounts, fast execution, and powerful platforms. It’s ideal for serious traders, though beginners may find the $200 minimum deposit relatively high.

 

3. Pepperstone

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Pepperstone’s Razor account is tailored for experienced traders, offering raw spreads starting from 0.0 pips on major currency pairs like EUR/USD. This account type is ideal for scalpers and algorithmic traders seeking tight spreads and fast execution speeds.

 

BrokerPepperstone
Regulation🇬🇧 FCA
🇦🇺 ASIC
🇰🇪 CMA
🇦🇪 DFSA
🇧🇸 SCB
🇨🇾 CySEC
🇩🇪 BaFin
Minimum Deposit0 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:500
Trading PlatformsMetaTrader 4 (MT4),
MetaTrader 5 (MT5)
cTrader
TradingView
CFDs Total1,200+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

Pepperstone Zero Spreads

 

Frequently Asked Questions

 

What Leverage Does Pepperstone Offer?

Pepperstone’s leverage varies based on the regulatory entity and asset class. For retail clients under some jurisdictions, leverage can go up to 1:400. In stricter regulatory environments, retail leverage is capped at 1:30. For Professional clients – up to 1:500.

 

Is Negative Balance Protection Provided?

Yes, Pepperstone provides Negative Balance Protection for its retail clients. This ensures that a trader’s losses cannot exceed the funds available in their trading account, safeguarding them from falling into debt even during highly volatile market conditions.

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Tight SpreadsNo Proprietary Platform
Low CommissionsLimited Education Tools
Top-Tier RegulationInactivity Fee
Multiple PlatformsNo Bonuses/Promotions
Swap-Free AccountsLeverage Restrictions

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

Our Insights

Pepperstone is a legal and well-regulated broker offering tight spreads, fast execution, and top-tier platforms. It suits both beginners and advanced traders seeking a secure, cost-effective, and transparent trading environment.

 

Top 3 Zero Spread Forex BrokersExness vs IC Markets vs Pepperstone

 

BrokerExness SmallIC Markets SmallPepperstone Small
Regulators🇨🇾 CySEC
🇬🇧 FCA
🇸🇨 FSA
🇿🇦 FSCA
🇻🇬 FSC
🇲🇺 FSC
🇨🇼 CBCS
🇰🇪 CMA
🇯🇴 JSC
🇦🇺 ASIC
🇨🇾 CySEC
🇸🇨 FSA
🇬🇧 FCA
🇦🇺 ASIC
🇰🇪 CMA
🇦🇪 DFSA
🇧🇸 SCB
🇨🇾 CySEC
🇩🇪 BaFin
Year Established200820072010
Execution Type(s)Market Maker
ECN/STP
ECN/STPECN/STP
Minimum Deposit10 USD200 USD0 USD
Average Trading
Cost EUR/USD
Average Spread:
0.6 pips
Average Spread:
0.62 pips
Average Spread:
0.74 pips
CommissionsYesYesYes
Crypto TradingYesYesYes
Swap FeesYesYesYes
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Exness Terminal
Exness Trade App
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
IC Markets WebTrader
MetaTrader 4 (MT4),
MetaTrader 5 (MT5)
cTrader
TradingView
CFDs Offered200+2,300+1,200+
Islamic AccountYesYesYes
Negative Balance ProtectionYesYesYes
Account SegregationYesYesYes
Investor Protection SchemeYesYesYes
Trade NowGet StartedGet StartedGet Started

 

The Top 3 Zero Spread Forex Brokers - A Comparison

 

4. Axi

 

★★★★
Minimum Deposit: $5
Regulated by: ASIC, FCA, DFSA, VFSC
Crypto: Yes

 

Traders can benefit from zero spreads on Raw Spread accounts, competitive commissions, and access to over 2,250 instruments including forex, indices, commodities, stocks, and cryptocurrencies.

 

BrokerAxi
Regulation🇦🇺 ASIC
🇬🇧 FCA
🇨🇾 CySEC
🇦🇪 DFSA
🇳🇿 FMA
🇻🇨 FSA
Minimum Deposit0 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:500
Trading PlatformsMetaTrader 4 (MT4)
AxiOne
ZuluTrade
Myfxbook
Copy Trading App
CFDs Offered220+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

Axi Zero Spreads

 

Frequently Asked Questions

 

What trading platforms does Axi offer?

Axi primarily offers the widely popular MetaTrader 4 platform across various versions, including desktop, WebTrader, and mobile. They also provide their own Axi Trading Platform mobile app for trading on the go and have recently started supporting MetaTrader 5 in certain regions.

 

Does Axi offer demo accounts?

Yes, Axi offers free demo accounts. These accounts provide a risk-free environment with virtual funds (typically $50,000) to practice trading strategies, explore the MetaTrader 4 platform, and familiarize yourself with real-time market conditions before committing to real capital.

 

★★★★
Minimum Deposit: $5
Regulated by: ASIC, FCA, DFSA, VFSC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Regulated by top
authorities
Limited product range
Low minimum depositNo proprietary
trading platform
Tight spreadsHigher commissions
Negative balance
protection
No cryptocurrency
trading
Islamic AccountsLeverage limits
vary by region

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

Axi is a globally approved forex and CFD broker offering tight spreads, strong regulation, and user-friendly platforms. It’s ideal for cost-conscious traders, though limited CFD variety and platform options may deter some users.

 

5. Vantage Fx

 

★★★★
Minimum Deposit: $50
Regulated by: CIMA, VFSC, FSCA, ASIC
Crypto: Yes

 

Vantage is a globally regulated forex and CFD broker known for its RAW ECN accounts, which offer zero spreads—perfect for traders prioritizing low costs and institutional-grade pricing. With a minimum deposit of just $50, you can access over 1,000 instruments, including forex, indices, commodities, and shares.

 

BrokerVantage Fx
Regulation🇦🇺 ASIC
🇬🇧 FCA
🇿🇦 FSCA
🇰🇾 CIMA
🇻🇺 VFSC
🇲🇺 FSC
Minimum Deposit50 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:500
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Vantage App
CFDs Total1,000+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

Vantage Fx Zero Spreads

 

Frequently Asked Questions

 

Are there commission-free accounts?

Yes, Vantage offers commission-free accounts. Their Standard STP Account operates with spreads that include the broker’s markup, meaning no separate commission is charged per trade. This is ideal for traders who prefer a simpler cost structure without explicit commission fees.

 

Does Vantage FX allow copy trading?

Yes, Vantage offers robust copy trading solutions. They have their Vantage Copy Trading integrated into their Client Portal and mobile app. This allows users to easily follow and replicate the trades of top-performing signal providers in real time.

 

★★★★
Minimum Deposit: $50
Regulated by: CIMA, VFSC, FSCA, ASIC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong regulationLimited product range
Tight spreads &
low commissions
Customer support mixed
Negative-balance
protection
App/platform issues
Unlimited demo accountLimited research content
Copy/social tradingHigh fees on stock CFDs

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐☆☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐☆☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐☆☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

Our Insights

Vantage FX is a registered broker offering tight spreads, advanced platforms, and strong regulatory oversight. It suits both beginners and pros, though some may find platform issues or limited instruments a drawback.

 

6. Tickmill

 

★★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Tickmill is a registered and FCA‑, CySEC‑, FSCA‑, FSA‑regulated ECN broker offering zero‑spread execution on its Raw (Pro/VIP) accounts. The broker delivers tight 0‑pip spreads, robust regulation, and high leverage—making it an appealing choice for active traders.

 

BrokerTickmill
Regulation🇬🇧 FCA
🇨🇾 CySEC
🇿🇦 FSCA
🇸🇨 FSA
🇦🇪 DFSA
Minimum Deposit100 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:1000
Trading PlatformsMetaTrade 4 (MT4), MetaTrader 5 (MT)
WebTrader (incl. Mac)
Tickmill mobile app
CFDs Total600–725+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

Tickmill Zero Spreads

 

Frequently Asked Questions

 

Does Tickmill offer zero-spread accounts?

Yes, Tickmill offers a Raw Account that features spreads from 0.0 pips on major currency pairs. While the spread itself can be zero, this account type typically involves a commission of $3 per lot per side on forex and precious metals.

 

Does Tickmill offer swap-free accounts?

Yes, Tickmill offers swap-free (Islamic) accounts. These accounts are compliant with Sharia law, eliminating overnight interest charges on open positions. Both their Classic and Raw Account types can be converted to an Islamic version, providing flexibility for Muslim traders.

 

★★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Heavily regulatedLimited product range
Zero spreadsHigh deposit for
VIP account
Low commissionsLimited educational
content
Islamic (swap-free)
accounts
No proprietary
trading platform
Excellent customer
service
Restricted leverage

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms, and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Options⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

Tickmill is an authorized broker known for its zero-spread accounts, fast execution, and strong regulatory oversight. It suits active traders seeking low-cost trading, though product variety and educational content remain somewhat limited.

 

7. RoboForex

 

★★★★
Minimum Deposit: $10
Regulated by: FSC
Crypto: Yes

 

RoboForex is a licensed broker regulated by CySEC (EU) and IFSC (Belize), providing zero-spread trading through its ECN and Prime accounts, with spreads starting from 0.0 pips plus a commission.

 

BrokerRoboForex
Regulation🇧🇿 FSC
Minimum Deposit10 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:2000
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
R WebTrader
R‑Trader
mobile/web
CFDs Total12,000+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesNone
Broker ReviewRead Review
Trade NowOpen Account

 

RoboForex Zero Spreads

 

Frequently Asked Questions

 

What is the minimum deposit at RoboForex?

RoboForex offers a low minimum deposit of USD 10 for most of its popular account types, including ProCent, Pro, Prime, and ECN accounts. However, the R StocksTrader account requires a higher minimum deposit of $100.

 

Does RoboForex offer zero-spread accounts?

Yes, RoboForex offers accounts with spreads from 0.0 pips. Their ECN and Prime account types are designed for professional traders, providing very tight, floating spreads (often 0 pips) on major currency pairs, accompanied by a commission per lot traded.

 

★★★★
Minimum Deposit: $10
Regulated by: FSC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Low minimum depositOffshore regulation
Zero spread accountsWithdrawal fees
High leverageNo FSCA, ASIC, or
FCA regulation
Multiple platforms
supported
Basic educational
resources
Copy trading via CopyFXInactivity fees

 

Final Score

 

#CriteriaScore
1.Overall Rating and Trust Score⭐⭐⭐⭐☆
2.Range of Investments, Platforms and Tools⭐⭐⭐⭐⭐
3.Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4.Research and Education⭐⭐⭐☆☆
5.Mobile Trading and User Experience⭐⭐⭐⭐☆
6.Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7.Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8.Execution Speed and Order Types⭐⭐⭐⭐☆
9.Risk Management and Safety Measures⭐⭐⭐⭐☆
10.Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

RoboForex is an authorized broker offering zero-spread accounts, high leverage, and access to over 12,000 instruments. While feature-rich and affordable, its offshore regulation may concern traders prioritizing top-tier regulatory protection.

 

8. HFM

 

★★★★★
Minimum Deposit: $0
Regulated by: FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Crypto: Yes

 

HFM offers spreads from 0.0 pips, a $0 minimum deposit, leverage up to 1:2000, and support for MT4, MT5, WebTrader, and mobile apps, it’s ideal for scalpers and high-volume traders.

 

BrokerHFM
Regulation🇬🇧 FCA
🇨🇾 CySEC
🇦🇪 DFSA
🇿🇦 FSCA
🇲🇺 FSC
🇰🇪 CMA
Minimum Deposit0 USD
Spreads From0.0 pips
LeverageUp to 1:2000
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
WebTrader
HFM mobile/Web platform
CFDs Total500–1,200+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

HFM Zero Spreads

 

Frequently Asked Questions

 

What is the maximum leverage HFM offers?

HFM offers maximum leverage of up to 1:2000 on several account types, including the Cent, Zero, Pro, and Pro Plus accounts. However, leverage can vary based on your client classification and the specific regulatory entity you are under.

 

Does HFM offer zero-spread accounts?

Yes, HFM offers a Zero Account that provides spreads from 0.0 pips on major forex pairs and gold. This account is designed for traders seeking raw, super-tight spreads directly from liquidity providers. It operates with a commission per lot traded.

 

★★★★★
Minimum Deposit: $0
Regulated by: FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Multi-regulatedCommission applies
Zero-spread accountPlatform options
limited to MT4/MT5
$0 minimum depositLimited product range
High leverageInactivity fees

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

HFM is a legit, well-regulated broker offering zero spreads, high leverage, and diverse instruments. Its low deposit requirements and strong safety measures make it suitable for both beginners and experienced traders seeking reliable trading conditions.

 

9. XM

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

XM is a regulated broker that offers a range of account types, including a Zero Account featuring spreads from 0.0 pips plus commissions. It provides leverage of up to 1:1000, requires a minimum deposit of $5, and supports both MT4 and MT5 trading platforms.

 

BrokerXM
Regulation🇨🇾 CySEC
🇦🇺 ASIC
🇧🇿 FSC
🇲🇺 FSC
🇸🇨 FSA
🇦🇪 DFSA
🇿🇦 FSCA
Minimum Deposit5 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:1000
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
XM WebTrader
Mobile apps
CFDs Total1,000+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

XM Zero Spreads

 

Frequently Asked Questions

 

Does XM offer zero-spread accounts?

Yes, XM offers a Zero Account designed for traders who prioritize extremely tight spreads. This account type provides spreads from 0.0 pips on major currency pairs, with a commission charged per trade (e.g., $3.50 per side for a standard lot).

 

Which trading platforms does XM support?

XM primarily supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These are available across various devices, including desktops, web browsers, and mobile. They also offer their own XM App for convenient mobile trading.

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Regulated by
multiple authorities
Commission fees
Zero spread accountLeverage limited
Low minimum depositNo proprietary
trading platform
Negative balance
protection
Limited research and
educational resources

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

XM is a legal and well-regulated broker offering zero spread accounts, low minimum deposits, and access to 1,000+ instruments. It’s suitable for traders of all levels, though some account types carry higher spreads.

 

10. FXOpen

 

★★★
Minimum Deposit: $10
Regulated by: FCA, CySEC
Crypto: Yes

 

FXOpen is a licensed and multi-regulated broker that provides genuine zero spreads on ECN accounts, very low commissions, and a versatile selection of platforms and account types. With low minimum deposit requirements, strong fund protection measures, and high leverage options, it caters to traders of all experience levels, from beginners to professionals.

 

BrokerFXOpen
Regulation🇬🇧 FCA
🇳🇿 FMA
🇸🇨 FSA
Minimum Deposit1 USD
Spreads From0.0 pips
CommissionsYes
Swap FeesYes
LeverageUp to 1:500
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
TickTrader
TradingView
CFDs Total700+
Account SegregationYes
Negative Balance ProtectionYes
Investor Protection SchemesYes
Broker ReviewRead Review
Trade NowOpen Account

 

FXOpen Zero Spreads

 

Frequently Asked Questions

 

Does FXOpen offer swap-free accounts?

Yes, FXOpen offers swap-free (Islamic) accounts to comply with Sharia law. While these accounts eliminate overnight interest (swaps), an additional commission equal to the swap value may be charged for positions held overnight. Traders need to request this feature and provide documentation.

 

Does FXOpen offer zero-spread accounts?

Yes, FXOpen offers accounts with spreads from 0.0 pips, notably on their ECN Account types). These accounts provide raw market spreads directly from liquidity providers, combined with a commission per lot traded, making them ideal for high-volume traders and scalpers.

 

★★★
Minimum Deposit: $10
Regulated by: FCA, CySEC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
True ECN/STP executionLimited educational
and research materials
Low minimum depositsInactivity fees apply
Multiple platforms
supported
Relatively small
product range
High leverageCustomer support issues

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Our Insights

FXOpen is an FCA- and CySEC-approved broker offering zero spreads on ECN accounts, low deposit options, and multiple platforms. It’s ideal for experienced traders, though beginners may find limited educational support and assets.

 

What is a Zero Spread Forex Broker?

A Zero Spread Forex Broker is a broker that offers trading accounts where the spread—the difference between the bid and ask price—is as low as 0.0 pips on certain instruments, particularly major currency pairs like EUR/USD.

 

Criteria for Choosing a Zero Spread Forex Broker

 

CriteriaDescriptionImportance
RegulationEnsure the broker is
licensed by reputable
authorities (e.g., FCA,
ASIC, CySEC).
⭐⭐⭐⭐⭐
True 0.0 Spread ExecutionConfirm the broker
consistently offers 0.0
pip spreads, not just
during low volatility.
⭐⭐⭐⭐⭐
Commission FeesCheck the commission
per lot (usually $3–$7)
which replaces the
spread as the main
cost.
⭐⭐⭐⭐☆
Execution SpeedFast order execution is
crucial, especially for
scalpers and high
frequency traders.
⭐⭐⭐⭐☆
Minimum DepositConsider how
accessible the broker
is—some zero spread
accounts require
higher deposits.
⭐⭐⭐☆☆
Account TypesLook for ECN/Raw/Zero accounts specifically; avoid brokers that only offer standard accounts.⭐⭐⭐⭐☆
Trading PlatformEnsure compatibility
with MT4, MT5,
cTrader, or proprietary
platforms with fast
execution.
⭐⭐⭐⭐☆
Asset VarietyMore instruments
(forex, indices,
commodities) offer
better diversification.
⭐⭐⭐☆☆
Negative Balance ProtectionProtects you from
losing more than your
deposit—especially
important with high
leverage.
⭐⭐⭐⭐☆
Reputation & ReviewsCheck user reviews on
sites like Trustpilot,
Forex Peace Army, or
Reddit.
⭐⭐⭐⭐☆

 

Criteria for choosing a Zero Spread Forex Broker

 

Top 10 Best Zero Spread Forex Brokers – A Direct Comparison

 

Exness SmallInstant withdrawals
Low-cost trading
Flexible leverage
Open AccountRead Review
IC Markets SmallHigh-speed execution
Diverse range of
trading platforms
Zero Spreads
Open AccountRead Review
Pepperstone SmallCompetitive pricing
Low commissions
24/7 client support
Open AccountRead Review
Axi SmallStrong regulatory
oversight
Competitive trading
conditions
Commission-free
Open AccountRead Review
Vantage SmallPopular platforms
Fast execution
Copy trading options
Open AccountRead Review
Tickmill SmallLow spreads
Variety of trading
platforms
VPS Hosting
Open AccountRead Review
RoboForex SmallAdvanced copy trading
Zero Spreads
Low commissions
Open AccountRead Review
HFM SmallMultiple platform
support
Mobile app
Advanced trading tools
Open AccountRead Review
XM SmallTransparent trading
environment
Fast execution
Multiple account types
Open AccountRead Review
FXOpen SmallFree VPS Hosting
Multiple trading
platforms
Fast execution
Open AccountRead Review

 

What Real Traders Want to Know!

Explore the Top Questions asked by real traders across the Globe. From what zero spreads mean to the minimum deposit, we provide straightforward answers to help you understand zero spreads and choose the right broker confidently.

 

Q: What exactly does ‘zero spread’ mean, and is it truly zero? – Alex M.

A: Zero spread” means the difference between the bid and ask price is effectively 0.0 pips for a significant portion of the trading day on certain instruments. While often truly zero on major pairs, it can widen during volatility or off-peak hours.

 

Q: If the spread is zero, how do these brokers make money? – Sarah K.

A: Zero-spread brokers typically generate revenue by charging a commission per lot traded. This commission replaces the profit they’d otherwise make from the spread markup, offering transparent pricing.

 

Q: Are zero-spread accounts available to all traders, or are there specific requirements? – Ben O.

A: Zero-spread accounts are often designed for experienced traders, scalpers, or those using Expert Advisors (EAs). They are usually ECN/Raw Spread accounts and might require a slightly higher minimum deposit than standard accounts.

 

Q: Do zero-spread accounts always require a much higher minimum deposit? – Emily L.

A: Not always, but often. While some brokers offer zero-spread accounts with minimums as low as $100-$200, others might require $500 or more, reflecting the institutional-grade liquidity and execution.

 

Q: Are zero spreads available on all trading instruments, or just specific ones? – Chris P.

A: Zero spreads are most commonly offered on major Forex pairs (e.g., EUR/USD, GBP/USD) and sometimes on popular commodities like Gold. For other instruments, you might find very low but not necessarily zero spreads.

 

Pros and Cons

 

✓ Pros✕ Cons
Tighter pricingCommissions apply
Ideal for scalping and
day trading
Zero spread may
not apply 24/7
Greater pricing
transparency
Requires higher
minimum deposits
Improved precisionExecution quality varies
Often faster executionCan be overwhelming
for beginners

 

FAQs from zero spread traders

 

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In Conclusion

Zero-spread forex brokers offer 0.0 pip spreads, allowing traders to enter positions at raw market prices. They’re ideal for scalping and precision trading, though typically involve commission fees and require careful broker selection.

Faq

Slippage can occur with any account type, especially during high volatility (like news releases) or low liquidity. While zero-spread accounts aim for precise execution, market conditions can still cause orders to be filled at a slightly different price.

Zero-spread accounts are usually ECN/STP based, meaning orders are passed directly to liquidity providers. This often results in ultra-fast execution speeds (e.g., milliseconds), crucial for scalping and high-frequency trading strategies.

They are ideally suited for scalpers, day traders, and algorithmic traders (EAs) who place many trades and seek to minimize transaction costs on each trade. The precise entry and exit points are also highly beneficial.

The primary cost is the commission per lot, which is explicitly stated. Beyond that, be aware of potential overnight swap fees (unless it’s an Islamic/swap-free account) and any deposit/withdrawal fees the broker or payment provider might charge.

Yes, many highly regulated and reputable brokers offer zero-spread or raw-spread accounts. It’s crucial to choose a broker regulated by a strong authority (e.g., FCA, ASIC, CySEC) to ensure fund safety and fair practices.

HFM

Doo Prime

XM

Best Forex Brokers