8 Best Zero Spread Forex Brokers for 2026
Many active traders look for zero spreads, but not every broker that advertises “0.0 pips” truly delivers them. Tight spreads may come with high commissions or certain account restrictions. That’s why we sought brokers that combine verified zero spreads, industry-low commissions, and a comprehensive trading environment.
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- The authority on broker reviews since 2011 — traders have relied on our independent broker testing for over a decade.
- 80+ brokers tested every year — we test the whole market, so we know the benchmark — and which brokers actually beat it.
- Every broker takes the same test — one published scoring system: 9 weighted categories, 250+ variables, measured hands-on by our analysts.
- Every fact is checked twice — a dedicated editor re-verifies each data point, from licenses to spreads, before publication.
For this guide, we verified that each broker is regulated and provides a decent level of client protection. Then, we made sure that brokers have accounts with raw pricing. To check their performance, we signed up, tested live spreads and commissions, and compared them to the industry benchmark to confirm that costs are fair and competitive.
We also assessed the range of tradable instruments, available trading platforms, and additional trading and research tools to filter the brokers that provide the most well-rounded services.
List of Top Zero-Spread Forex Brokers
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
FxPro | 4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
IC Markets | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:30 (CySEC) · 1:5000 (FSA) · 1:400 (CMA) · 1:200 (SCB) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
Exness | 4.6 | 4.6 | $10 | 1:1000 (BVI FSC) 1:2000 (FSCA) · 1:2000 (CMA) · 1:30 (FCA) · 1:2000 (CySEC) · 1:2000 (CBCS) · 1:500 (FSA) | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. |
Fusion Markets | 4.5 | 4.4 | $0 | 1:500 (VFSC) 1:500 (FSA) · 1:30 (ASIC) | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. |
IUX | 4.3 | 4.9 | $30 | 1:3000 (FSCA) 1:3000 (FSCM) · 1:30 (ASIC) · 1:3000 (Unregulated) | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. |
Pepperstone | 4.7 | 4.4 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:30 (BaFin) · 1:30 (ASIC) · 1:30 (DFSA) · 1:400 (CMA) · 1:30 (CySEC) · 1:30 (CMA UAE) · 1:30 (CMA UAE) | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. |
FP Trading | 4.1 | 4.7 | $100 | 1:500 (FSRA) 1:500 (Unregulated) · 1:500 (FSCA) · 1:500 (FSCM) | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. |
FP Markets | 4.6 | 4.1 | $100 | 1:500 (FSA) 1:500 (FSCM) · 1:500 (Unregulated) · 1:400 (FSCA) · 1:30 (ASIC) · 1:500 (CMA) | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. |
How Did I Select the Best Zero Spread Forex Brokers?
- I checked each broker’s license and authorizations to identify the regulatory protection available.
- I explored the different account types to ensure each broker offers spreads starting at zero pips.
- I opened a live trading account to record the spreads in real time, as well as to assess trading commissions and compare them to the industry benchmark.
- I made sure that the selected brokers provide a good range of tradable instruments and practical trading platforms.
- I also checked what other trading and research tools are available.
Best Overall
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
Established in 2006, FxPro stands out as the best overall broker for international traders thanks to its combination of zero-spread accounts, fast execution speeds and a wide range of trading platforms, making it particularly suitable for active and professional traders.
Key Features:
- Regulation & Max. Leverage: FCA (1:30), SCB Bahamas (1:200), FSA Seychelles (1:10,000)
- Zero Spread Account: Raw+ and Elite
- Minimum Deposit: $100 (Raw+), $1.000 (Elite)
- Commission: From $3.50 per lot, per side
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, FxPro Trading Platform
FxPro offers zero spreads through its Raw+ and Elite account types, where spreads can start from 0.0 pips with a fixed commission per trade. During our live test, I found these accounts are great options for scalpers and high-frequency traders who need low spreads and fast trade execution. In fact, the platform showed the broker’s execution speeds averaged below 12 milliseconds, helping to reduce slippage and ensuring no requotes.
Traders can use the MetaTrader 4, MetaTrader 5, cTrader, and FxPro’s own proprietary platform. A standout feature is the additional range of trading indicators and market research from Trading Central. I was impressed by the FxPro Squawk, which keeps you up to date on breaking market news. Combined with a strong range of over 2,100 tradable instruments, FxPro offers a well-rounded trading environment catering to beginner and advanced traders.
Pros and Cons
- 2.100+ CFD instruments
- <12 ms execution speeds
- Powerful FxPro Trading Platform
- FxPro Squawk and Trading Central
- FxPro Trading Platform is only available in English
Best MT4
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
IC Markets was founded in 2007 in Australia. It stands out as a top zero spread MT4 broker due to its platform offering, which includes automated trading capabilities, ECN-style execution, a zero-requote policy, and access to a wide range of additional MT4 plugins and tools.
Key Features:
- Regulation & Max. Leverage: ASIC and CySEC (1:30), SCB (1:200), CMA Kenya (1:400), FSA Seychelles (1:5000)
- Zero Spread Account: Raw
- Minimum Deposit: $200
- Commission: $7 per lot, round turn
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
During our live test, I found the broker’s Raw Spread account has spreads starting from 0.0 pips and a round-turn commission of $7 per lot, which is in line with the industry average. I also found the broker’s MT4 offering is top-notch, offering execution speeds averaging under 40 milliseconds and a zero-requote policy.
In addition, the MT4’s Expert Advisors and VPS hosting make IC Markets a strong choice for algorithmic traders. Manual traders can also benefit from MT4’s built-in 80+ indicators and drawing tools, as well as the broker’s additional MT4 Advanced Trading Tools package. This provides access to 20 extra indicators, including a correlation matrix, stealth orders, sentiment trader, and a customized trade terminal, making IC Markets a top broker for the MT4 platform.
Pros and Cons
- Strong MT4 support for automated trading
- MT4 Advanced Trading Tools package
- 2,200+ tradable instruments
- VPS and copy trading from MT4
- High swap fees
Best for Professional Traders
- $10Min Deposit
- 293Tradable Instruments
- LowFees
Why We Picked It
As an established broker brimming with advanced tools, Exness stood out to me as the best zero spread broker for professional traders. Clients have access to over 290 CFD instruments, including 120+ forex pairs, the full suite of MetaTrader 4 and 5 platforms, VPS hosting, and signals from Trading Central.
Key Features:
- Regulation & Max. Leverage: FCA and CySEC (1:30), Jordan JSC (1:100), Kenya CMA (1:400), South Africa FSCA (1:2000), Seychelles FSA, Curaçao CBCS, and BVI FSC (unlimited)
- Zero Spread Account: Pro and Zero
- Minimum Deposit: $10
- Commission: $3.50 per side, $7 round turn
- Platforms: MT4, MT5, Exness Terminal
Exness has an outstanding range of tradable instruments, with an especially strong selection of currency and crypto pairs. Day traders and scalpers can keep their costs low with spreads from 0.0 pips plus commissions of $7 round turn via the Pro account. Algo traders benefit from 24/7 uninterrupted trading and lower latency, thanks to free VPS hosting.
Another bonus is Trading Central analysis, which is available via the client portal and the Exness Terminal platform. The analyst views section provides actionable insights, including detailed price forecasts, and clearly defined support and resistance levels. The market news section provides a feed of real-time news and commentary from FXStreet, keeping traders up to date on key headlines.
Pros and Cons
- Intuitive Exness Terminal with advanced features
- Copy trading service
- 120+ forex pairs
- Research from Trading Central and FXStreet
- Not available for traders from Europe and the UK
Best for Low Commissions
- $0Min Deposit
- 242Tradable Instruments
- LowFees
Why We Picked It
Fusion Markets stands out for the cost-effective pricing mechanism on its Zero account. It features raw spreads from 0.0 pips and a $4.5 round-turn commission per traded lot (100,000 units). The broker is also making waves for its rich assortment of trading tools and platforms to satisfy every taste.
Key Features:
- Regulation & Max. Leverage: VFSA and FSA (1:500), ASIC (1:30)
- Zero Spread Account: Zero
- Minimum Deposit: $0
- Commission: $4.5 per lot, round trip
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, DupliTrade
I learned that the Zero account’s $4.5 commission, charged for opening and later closing a position, applies only to FX pairs and metals. This commission rate is a meaningful improvement over the $5.99 (FX) and $5.62 (metals) industry averages and serves the needs of high-volume traders.
The Zero account is pretty affordable, and you do not have to meet any minimum deposit requirement to get started. Your greatest difficulty, however, may be choosing a platform from Fusion Markets’ multiple options. Personally, I can recommend cTrader for its advanced functionality and TradingView for its world-class charting.
I also appreciated Fusion Markets for its powerful trading tools. You can tune in to the actionable trading signals by Tradig Central and never miss a beat on the hottest opportunities, or make use of Fusion Markets’ Virtual Private Server (VPS) to boost your order execution speeds.
Pros and Cons
- Industry-low $4.5 commission
- No minimum deposit
- Great selection of trading software
- Free VPS hosting
- High fees on stocks
Best for High Leverage
- $30Min Deposit
- 132Tradable Instruments
- LowFees
Why We Picked It
Founded in 2016, IUX stands out as our top pick for zero spreads and high leverage. With up to 1:3000 leverage and fast execution, IUX is particularly appealing for traders looking to maximize exposure with smaller capital.
Key Features:
- Regulation & Max. Leverage: FSCA (1:400), FSC Mauritius and Unregulated SVG (1:3000)
- Zero Spread Account: Raw Account
- Minimum Deposit: $200
- Commission: $7 per lot, round turn
- Platforms: IUX Web Trade and Mobile App, MetaTrader 5
During our live test, I found IUX’s high leverage to be one of its standout features across its Standard, Raw, and Pro accounts. Leverage allows you to open a larger position size with smaller capital. This increases your level of market exposure but does amplify both winning and losing trades.
The IUX Raw account offers spreads from 0.0 pips and a commission of $7 per lot, per round turn, which is in line with the industry average. The platform also showed fast execution speeds of less than 30 milliseconds, which can help to reduce overall slippage. With a strong range of trading platforms, account types, and high leverage, IUX is a top choice for an offshore-regulated broker.
Pros and Cons
- Leverage up to 1:3000 (depending on the region)
- Very low prices (0.0 pips on EURUSD and 4 Cents on gold)
- Intuitive IUX Trade App
- $200 minimum deposit for raw-spread account
- Modest selection of tradable instruments
Best Tradable Instrument Selection
- $0Min Deposit
- 1494Tradable Instruments
- LowFees
Why We Picked It
Established in 2010 in Australia, Pepperstone is a globally regulated broker known for its diverse range of tradable instruments, covering forex, indices, commodities, shares and cryptocurrencies. Along with access to a wide range of trading platforms, Pepperstone is a top choice for multi-asset class traders.
Key Features:
- Regulation & Max. Leverage: FCA, CySEC, ASIC, BaFin and DFSA (1:30), CMA Kenya (1:400), SCB (1:500)
- Zero Spread Account: Razor Account
- Minimum Deposit: $0
- Commission: $3 per lot, per side
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone Mobile App
Pepperstone offers access to over 1,380 CFDs across a broad range of asset classes. A standout feature is the large selection of over 90 currency pairs, which far exceeds the industry average of 30-75. There are also 116 US share CFDs that can be traded 24/5, making it a great option for stock traders.
During our live test, I found the Razor account offered the best selection of tradable instruments, with spreads from 0.0 pips and a $7 round turn commission on forex pairs, which is in line with the industry standard. With access to advanced market research using its Autochartist plugin, Pepperstone is a top choice for multi-asset class traders.
Pros and Cons
- 1,380+ CFD instuments
- Over 90 forex pairs
- Broad range of platforms with powerful Pepperstome WebTrader and mobile app
- 28 EAs and indicators for MetaTrader
- Lacks non-CFD instruments
Best cTrder Broker
- $100Min Deposit
- 997Tradable Instruments
- LowFees
Best Trading Software
- $100Min Deposit
- 10180Tradable Instruments
- MediumFees
Why We Picked It
FP Markets was founded in 2005 in Australia and has a strong global presence. It stands out as the best trading software provider thanks to its extensive range of 6 trading platforms, additional MT4/MT5 enhancements, VPS hosting, and Trading Central and Autochartist integrations.
Key Features:
- Regulation & Max. Leverage: ASIC and CySEC (1:30), FSCA (1:400), CMA Kenya, FSC Mauritius, FSA Seychelles and Unregulated SVG (1:500)
- Zero Spread Account: Raw Account
- Minimum Deposit: AUD 100 (Raw)
- Commission: $3 per lot, per side
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
During live testing, I found the range of trading platforms available to be FP Markets’ strongest feature. You can choose from MT4, MT5, cTrader, and TradingView, which each cater to different trading styles and experience levels. TradingView is great for casual traders, cTrader caters to short-term and copy traders, while MT4/MT5 are great for algorithmic trading.
I liked the fact that FP Markets goes further than some other brokers and also offers access to the Traders Toolbox, which includes additional add-ons and indicators to MT4/MT5, such as a mini terminal, correlation matrix, sentiment trader, and stealth orders. The broker also integrates Autochartist, which provides real-time trade ideas. With access to a broad range of platforms and trading tools to trade on over 10,000+ tradable instruments, FP Markets is well-suited for traders who prioritize powerful and customizable trading software.
Pros and Cons
- Wide range of trading platforms
- Advanced MT4 tools and plugins
- Autochartist integration for trade ideas
- Fast execution and EA support
- Entity in St. Vincent and the Grenadines is unregulated
How to Choose the Best Zero Spread Broker?
To find the most suitable zero spread broker for your own trading style, it’s important to look beyond the advertised headline spread and check the broker’s overall offering. While “0.0 pips” may look attractive, there may be higher costs in the commission or overnight fees.
Here are a few things to take into consideration:
Watch for Hidden Costs
Unfortunately, zero spread does not mean zero cost. There are other costs of trading beyond the spread, such as the commission per trade, overnight (swap) fees, inactivity fees, and deposit and withdrawal fees.
A broker offering 0.0 pips but charging a high commission per trade may actually end up being more expensive than a standard commission-free broker that has a higher spread. I would recommend always calculating the total cost per trade and not just looking at the spread.
To understand how much you’ll pay to trade a particular instrument, we at FXEmpire calculate the cost of trade using the formula: spread rate x pip value + commission rate.
Check Which Account Offers Zero Spreads
A broker may advertise “zero spreads and zero commissions,” but you need to check which account type actually offers it, as not all of them might. Here are a few tips to identify this:
- Accounts labeled as Raw, ECN, Core, or Razor tend to offer zero (raw) spreads starting from 0.0 pips plus commission.
- Accounts labeled as Standard or Classic tend to offer floating spreads and no commissions.
A zero spread account is typically designed for active, short-term traders who need precise trade execution but may come with a higher minimum deposit or commission per trade. Spread-based standard accounts offer an all-in-one pricing solution and are better suited to beginner and casual traders. Review all of the broker’s account features to find the one that matches your trading style and budget.
See our guide for the Best forex brokers with lowest spreads.
Evaluate Execution Quality
One of the main reasons trading with zero spreads is not just the cost but the execution quality. Scalpers, day traders, and automated traders may need precise execution at exact price levels. This is why checking the broker’s execution speed is also crucial.
When reviewing a broker, check its execution speed and that it has no requotes or minimal slippage. These are more likely to be found on accounts that are labeled as STP/ECN or No Dealing Desk execution.
Explore our picks for Best ECN brokers and Best STP brokers.
Consider Regulation and Trust
When looking to trade with any broker, it’s important to check that they are licensed properly. If a broker is not regulated by a government’s financial institution, your capital is at serious risk, as there is no accountability to treat you fairly.
Personally, I only tend to trade with brokers that are regulated by top-tier authorities like the UK FCA, CySEC, ASIC, and others. Brokers that are well-regulated are much more likely to offer fairer pricing, transparent execution, and proper safety of your funds. If they fail to adhere to these principles, the regulator may fine them and suspend their license to operate, providing a much higher level of accountability for their actions.
Check out our list of Best regulated forex brokers.
Compare Available Instruments
Zero spreads may not be available for all of the tradable instruments a broker offers. Some brokers may offer zero spreads only on major forex pairs, while others expand the lineup of assets to stocks and commodities. Make sure your preferred markets and instruments are included in the broker’s zero spread account.
Test Trading Platforms and Tools
Your platform has a significant impact on whether you can benefit from zero spreads. If it is slow and complicated to use, you may miss executing the trade at your chosen price level. Some brokers offer platform enhancements to help make trading even faster and more efficient.
I like to trade with some of the well-known retail platforms like MT4, MT5, cTrader, and TradingView. All of these platforms offer features like one-click trading, Depth of Market (DoM), indicators, drawing tools, different order types, and automated trading, which can help you make the most of a zero spread account.
Read more about best MT4 brokers, best MT5 brokers, and best cTrader brokers.
There are also many tutorials on using these platforms online, which is great for beginner traders. Some brokers also provide extra add-ons, additional indicators, integrated signals and market research plugins. These can also be useful to check for, as they can help to elevate your overall trading experience.
All the Brokers We Tested
Update history
Related Guides
About the Authors
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
As a Senior Content Editor at FXEmpire, Ola has revised and fact-checked over 200 broker reviews and guides. Her profound understanding of financial markets has been crucial in developing the proprietary rating system.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
- List of Top Zero-Spread Forex Brokers
- How Did I Select the Best Zero Spread Forex Brokers?
- Best Overall
- Best MT4
- Best for Professional Traders
- Best for Low Commissions
- Best for High Leverage
- Best Tradable Instrument Selection
- Best cTrder Broker
- Best Trading Software
- How to Choose the Best Zero Spread Broker?
- All the Brokers We Tested
- Update history
- Related Guides