FX Advisor Pro
Spreads and Commission

Low Spread Forex Brokers, Compared

Sorted by the lowest starting spread each broker publishes on any account, then by editorial score. A starting spread is the best case on the lowest-spread account, not an average. Figures come from our broker directory; each review shows the source and when it was last checked.

Key Takeaway:The lowest starting spread among the 9 brokers we cover is 0.0 Pips, listed by Blueberry Markets, Exness, ACY Securities, MH Markets, MultiBank Group. A low starting spread is not a low total cost: raw-spread accounts usually add a commission, shown for each broker below. Compare the spread and the commission together, and check the account type you would open.

Ranked Comparison: 9 Brokers

Position follows the rule above. Whether a broker pays us does not change it.

FX Advisor Pro earns a commission from some brokers on this page: MH Markets, MultiBank Group, XM. Commission does not change a score. How we rate.

#1
Blueberry Markets logo
Blueberry Markets
9.4 / 10
Spread from0.0 Pips
Min Deposit$100

Secures Tier A status entirely on the strength of its friction-free customer support and pristine regulatory history, offering a highly secure environment for traders who prioritize administrative peace of mind over extreme technological complexity.

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#2
Exness logo
Exness
9.4 / 10
Spread from0.0 Pips
Min Deposit$1 - $10

Represents a premier choice for traders needing hyper-localized funding integration (instant crypto/USDT networks) and immediate withdrawal automation. While its hybrid model and unlimited leverage effortlessly absorb retail flow, clients must rigorously implement independent risk management to avoid catastrophic drawdowns.

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#3
ACY Securities logo
ACY Securities
8.8 / 10
Spread from0.0 Pips
Min Deposit$50

Provides excellent execution speeds and innovative automation tools via Capitalise.ai. However, it is hampered by unfavorable overnight swap rates, bureaucratic withdrawal reviews that trap capital, and active warnings from stringent European and Asian regulators (AMF, CNMV, Malaysia SC) regarding unauthorized solicitation.

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#4
MH Markets logo
MH Markets
6.6 / 10
Featured Partner
Spread from0.0 Pips
Min Deposit$50

MH Markets is a multi-asset CFD broker whose legal entity is Mohicans Markets Ltd, licensed by the Mauritius FSC, with low entry deposits, MT4 and MT5 and three account types. Independent scores are mixed: BrokersView gives 8.3 and WikiFX 7.35 out of 10, while Traders Union gives 5.4 and Trustpilot shows 2.6 out of 5 with many complaints about blocked withdrawals. Check which legal entity your account would be with, read the bonus and withdrawal terms before you deposit, and try a small withdrawal early.

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#5
MultiBank Group logo
MultiBank Group
6.6 / 10
Featured Partner
Spread from0.0 Pips
Min Deposit$50

MultiBank Group is a large multi-entity broker with licences listed in many countries and a wide product range, but public feedback is split: independent reviewers rate it well, while Trustpilot withholds its TrustScore and WikiFX scores it 1.69 out of 10 with a frequent-complaints warning. Check which legal entity your account would be with, read the bonus terms before accepting any bonus, and try a small withdrawal early.

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#6
IC Markets logo
IC Markets
9.6 / 10
Spread from0.02 Pips
Min Deposit$200

Remains the undisputed industry leader for low-latency algorithmic trading. Its Equinix NY4 integration, $0 non-trading fees, and deep Tier-1 liquidity mathematically optimize expectancy for high-frequency scalping. The seamless integration of Swap-free accounts is a strong fit for traders needing Islamic account options.

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#7
BlackBull Markets logo
BlackBull Markets
9 / 10
Spread from0.1 Pips
Min Deposit$0

Delivers elite, true ECN trading conditions and deep liquidity. However, it relies on Tier-2 (FMA) regulation and charges a punitive $5 withdrawal fee, which mathematically penalizes small-capitalization retail accounts that execute frequent withdrawals.

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#8
XM logo
XM
5.4 / 10
Featured Partner
Spread from0.8 Pips
Min Deposit$5

Despite massive global market penetration and aggressive marketing, the suppressed 2.7 Trustpilot score exposes deep systemic friction. Wide baseline spreads on standard accounts, aggressive inactivity fees ($15 initial, $5 monthly), and documented withdrawal hurdles with regional processors heavily degrade the trader's edge. Active warnings from the Philippine SEC regarding unauthorized operations present a notable reputational vulnerability for offshore clients.

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#9
AvaTrade logo
AvaTrade
9.4 / 10
Spread from0.9 Pips (Fixed)
Min Deposit$100

While excellent for fixed-spread certainty during low volatility, the exorbitant inactivity fee structure ($50 per quarter plus a $100 annual levy) introduces massive drag on passive capital. The reality that these fixed spreads actively widen during critical macroeconomic data releases introduces hidden execution risk, and widespread warnings from Canadian provincial regulators highlight aggressive cross-border solicitation.

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Detailed Breakdown per Broker

What each broker is good for, specific account terms, and essential caveats before funding.

#1

Blueberry Markets

0.0 Pips

Secures Tier A status entirely on the strength of its friction-free customer support and pristine regulatory history, offering a highly secure environment for traders who prioritize administrative peace of mind over extreme technological complexity.

SpreadsPremium/Direct Account: from 0.0 pips; Standard Account: ~1.0 pips
Commission$7.00 round trip on Direct accounts
ExecutionECN-style / STP routing
Minimum deposit$100
Who It Suits:Elite, human-driven customer service
Watch Out For:Lacks cTrader and TradingView
#2

Exness

0.0 Pips

Represents a premier choice for traders needing hyper-localized funding integration (instant crypto/USDT networks) and immediate withdrawal automation. While its hybrid model and unlimited leverage effortlessly absorb retail flow, clients must rigorously implement independent risk management to avoid catastrophic drawdowns.

SpreadsStandard Account: from 1.0 pips; Raw/Zero Account: from 0.0 pips
CommissionZero Account: from $0.20 per side; Raw Account: from $3.50 per lot per side
ExecutionHybrid: Market Maker (Standard/Cent) & true ECN routing (Zero/Raw Spread)
Minimum deposit$1 - $10
Who It Suits:Instant crypto withdrawals & High leverage
Watch Out For:Aggressive stop-out execution
#3

ACY Securities

0.0 Pips

Provides excellent execution speeds and innovative automation tools via Capitalise.ai. However, it is hampered by unfavorable overnight swap rates, bureaucratic withdrawal reviews that trap capital, and active warnings from stringent European and Asian regulators (AMF, CNMV, Malaysia SC) regarding unauthorized solicitation.

SpreadsProZero Account: from 0.0 pips (avg 0.15); Standard: from 1.0 pips
CommissionProZero: $3.00 per side ($6.00 round trip); Bespoke: $2.50 per side ($5.00 round trip)
ExecutionECN pricing, direct Tier-1 liquidity pools acting as counterparty
Minimum deposit$50
Who It Suits:Capitalise.ai automation
Watch Out For:Painstakingly slow withdrawal process
#4

MH Markets

0.0 Pips

MH Markets is a multi-asset CFD broker whose legal entity is Mohicans Markets Ltd, licensed by the Mauritius FSC, with low entry deposits, MT4 and MT5 and three account types. Independent scores are mixed: BrokersView gives 8.3 and WikiFX 7.35 out of 10, while Traders Union gives 5.4 and Trustpilot shows 2.6 out of 5 with many complaints about blocked withdrawals. Check which legal entity your account would be with, read the bonus and withdrawal terms before you deposit, and try a small withdrawal early.

SpreadsStandard: from 0.8 pips. Prime: from 0.5 pips. ECN: from 0.0 pips (all from MH Markets' account types page, which gives starting values, not averages). Reviewers warn that a 'from' spread is a minimum quote, spreads can widen when markets move fast, and negative Trustpilot reviews mention slippage. Check live spreads on a demo account before you fund.
CommissionStandard and Prime: no commission. ECN: a commission per trade, but the amount is not stated on the broker's website. Reviewers quote different figures: FastBull about $7 round turn per standard lot, Traders Union $2 per lot, BrokersView $6 on an Islamic account. Confirm the current figure in your client area before trading.
ExecutionMarket execution on Standard and Prime; ECN (direct liquidity) on the ECN account. The broker does not say whether it uses a dealing desk
Minimum deposit$50
Who It Suits:Low $50 entry with Standard, Prime and ECN accounts (check your entity first)
Watch Out For:Trustpilot TrustScore is 2.6 out of 5 from 32 reviews; 47% are one-star, mostly about blocked withdrawals and closed accounts
#5

MultiBank Group

0.0 Pips

MultiBank Group is a large multi-entity broker with licences listed in many countries and a wide product range, but public feedback is split: independent reviewers rate it well, while Trustpilot withholds its TrustScore and WikiFX scores it 1.69 out of 10 with a frequent-complaints warning. Check which legal entity your account would be with, read the bonus terms before accepting any bonus, and try a small withdrawal early.

SpreadsStandard: from 1.5 pips. Pro: from 0.8 pips. ECN: from 0.0 pips (all from MultiBank's own website). BrokerChooser measured 0.6 on EURUSD and 0.6 on GBPUSD (units not stated).
CommissionStandard and Pro: no commission. ECN: the broker's website does not state the commission; ForexBrokers.com (2025) reported about $3 per lot round turn, CompareForexBrokers (2026) lists $6 per lot, about $7 round turn. Confirm the current figure in a live account.
ExecutionECN / no dealing desk on ECN accounts; some entities hold market-maker licences
Minimum deposit$50
Who It Suits:Low $50 entry with ECN and swap-free options (check your entity first)
Watch Out For:Trustpilot shows no TrustScore for the company and reports of delayed or blocked withdrawals are frequent
#6

IC Markets

0.02 Pips

Remains the undisputed industry leader for low-latency algorithmic trading. Its Equinix NY4 integration, $0 non-trading fees, and deep Tier-1 liquidity mathematically optimize expectancy for high-frequency scalping. The seamless integration of Swap-free accounts is a strong fit for traders needing Islamic account options.

SpreadsRaw Spread Account: 0.02 pips average; Standard Account: 0.82 pips average
CommissionRaw Account: $3.50 per lot per side ($7.00 round trip); Standard: $0
ExecutionECN/STP (No Dealing Desk) β€” aggregates ~25 liquidity providers
Minimum deposit$200
Who It Suits:Algorithmic trading, EAs & Scalping
Watch Out For:Stringent KYC/AML bottlenecks
#7

BlackBull Markets

0.1 Pips

Delivers elite, true ECN trading conditions and deep liquidity. However, it relies on Tier-2 (FMA) regulation and charges a punitive $5 withdrawal fee, which mathematically penalizes small-capitalization retail accounts that execute frequent withdrawals.

SpreadsPrime Account: from 0.1 pips; Standard Account: from 0.8 pips
CommissionPrime Account: $6.00 round trip per lot
ExecutionTrue ECN / No Dealing Desk (NDD)
Minimum deposit$0
Who It Suits:Institutional raw spreads & low latency
Watch Out For:Fixed $5 withdrawal fee
#8

XM

0.8 Pips

Despite massive global market penetration and aggressive marketing, the suppressed 2.7 Trustpilot score exposes deep systemic friction. Wide baseline spreads on standard accounts, aggressive inactivity fees ($15 initial, $5 monthly), and documented withdrawal hurdles with regional processors heavily degrade the trader's edge. Active warnings from the Philippine SEC regarding unauthorized operations present a notable reputational vulnerability for offshore clients.

SpreadsMicro/Standard: from 1.6 pips minimum; Ultra-Low: from 0.8 pips
Commission$0 on Standard/Micro/Ultra-Low; commission applies only on specialized Zero accounts ($3.50 per side)
ExecutionPrincipal Market Maker (Dealing Desk elements)
Minimum deposit$5
Who It Suits:Micro-accounts & Educational resources
Watch Out For:Aggressively widened spreads during volatility
#9

AvaTrade

0.9 Pips (Fixed)

While excellent for fixed-spread certainty during low volatility, the exorbitant inactivity fee structure ($50 per quarter plus a $100 annual levy) introduces massive drag on passive capital. The reality that these fixed spreads actively widen during critical macroeconomic data releases introduces hidden execution risk, and widespread warnings from Canadian provincial regulators highlight aggressive cross-border solicitation.

Spreads0.9 pips (Fixed under normal liquidity conditions)
CommissionZero commission β€” costs are inherently baked into the spread
ExecutionMarket Maker (Dealing Desk elements, Fixed Spreads)
Minimum deposit$100
Who It Suits:Fixed-spread trading strategies
Watch Out For:Draconian inactivity fees

Why This Matters

Spread and commission are both paid on every trade. An account that shows a 0.0 pip spread but charges a commission can cost the same as, or more than, an account with a wider spread and no commission. That is why this page shows the commission line for each broker instead of a single headline number.

Who should look elsewhere?

Traders who want one simple cost with no separate commission may prefer a standard account with a wider spread. Traders who rely on fixed spreads during news should read each broker's terms, because variable spreads widen when markets move fast.

Frequently Asked Questions

Is a 0.0 pip spread account free to trade?

No. Accounts that advertise a 0.0 pip spread usually charge a commission on each trade instead. The commission line for each broker above shows what the broker states.

Do spreads widen during news releases?

Often, yes. Variable spreads can widen sharply around major data releases and at the daily market rollover. A starting spread is the best case, not what you will always pay.

What other trading costs should I check?

Swap (overnight financing) on positions held past the daily rollover, currency conversion on deposits and withdrawals, and inactivity fees. Each broker's review lists what we found in its published terms.

CFDs and leveraged forex are complex and carry a high risk of losing money quickly. Only trade with money you can afford to lose.