Comparisons

Lowest Spread Forex Brokers Compared

Spreads directly impact your profitability. We measured real-time spreads across 15 brokers during peak and off-peak hours to find the truly lowest cost options.

By FX Research Team · Updated March 15, 2026
Our Pick Broker Rating Best For Spread From Min. Deposit
🥇 #1 Pick Exness ★★★★★4.8 Low-cost trading & instant withdrawals 0.0 pips $10 Visit
🥈 Runner-up Pepperstone ★★★★★4.7 Scalpers & algo traders 0.0 pips $0 Visit
#3 FP Markets ★★★★★4.6 Diverse portfolios & low commissions 0.0 pips $100 Visit
#4 Vantage ★★★★★4.5 ECN trading & copy trading 0.0 pips $50 Visit
1. Exness
Low-cost trading & instant withdrawals
★★★★★4.8

Ultra-tight spreads and instant withdrawals. 15+ years serving millions of active traders globally.

Spread From
0.0 pips
Commission
$3.50/lot (Raw)
Min. Deposit
$10
Platforms
MT4, MT5
Pros
  • Ultra-tight spreads on Raw accounts
  • Instant withdrawals
  • Very high leverage options
  • Multi-jurisdiction regulation
Cons
  • Limited product range vs competitors
  • High leverage risky for beginners
Full Review Visit Exness →
2. Pepperstone
Scalpers & algo traders
★★★★★4.7

Favored by scalpers and algo traders for raw spreads, fast execution, and TradingView integration.

Spread From
0.0 pips
Commission
$3.50/lot (Razor)
Min. Deposit
$0
Platforms
MT4, MT5, cTrader, TradingView
Pros
  • Excellent execution speed
  • TradingView integration
  • cTrader available
  • No minimum deposit
Cons
  • No proprietary platform
  • Limited research for beginners
Full Review Visit Pepperstone →
3. FP Markets
Diverse portfolios & low commissions
★★★★★4.6

One of the widest instrument selections in the industry with 10,000+ assets and very competitive Raw spreads.

Spread From
0.0 pips
Commission
$3.00/lot (Raw)
Min. Deposit
$100
Platforms
MT4, MT5, cTrader, Iress
Pros
  • 10,000+ instruments
  • Lowest commissions ($3/lot)
  • cTrader + Iress
  • Strong ASIC regulation
Cons
  • $100 minimum deposit
  • Iress has additional fees
Full Review Visit FP Markets →
4. Vantage
ECN trading & copy trading
★★★★★4.5

Fast-growing Australian broker offering Raw ECN pricing with low commissions and social copy trading.

Spread From
0.0 pips
Commission
$3.00/lot (Raw ECN)
Min. Deposit
$50
Platforms
MT4, MT5, ProTrader, TradingView
Pros
  • Competitive Raw ECN spreads
  • TradingView integration
  • Social/copy trading
  • Fast onboarding
Cons
  • Fewer forex pairs
  • VFSC regulation less strict
Full Review Visit Vantage →
Tags: spreads low cost ECN raw spreads
⚠ Risk Warning Trading forex and CFDs involves substantial risk of loss. Past performance is not indicative of future results. This article is for informational purposes only and should not be considered investment advice.