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8 Best Zero Spread Forex Brokers for 2026

By
Jitan Solanki
Reviewed By
Aviva Gurevich
Updated: May 14, 2026
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money

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.

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

Best Brokers for US Traders

Core pricing with spreads from 0.0 pips. Low $0 minimum deposit. Trade from MT4, TradingView and OANDA platforms. Access over 60+ forex pairs.

Best Brokers for International Traders

Raw+ and Elite accounts with spreads starting from 0.0 pips. Access over 2,100+ tradable instruments. Trade from MT4, MT5, cTrader and FxPro platforms. VPS hosting available.

Tight spreads on commodities. Low trading commission. 26 commodity contracts on metals, energies, and agriculture. MT4, MT5, cTrader, TradingView and DupliTrade platforms.

$10 minimum deposit. Access high leverage. Copy trading available. Strong educational materials which include 69 articles and 10 video courses. 24/7 customer support.

ECN pricing account for zero spreads. Low trading commissions. MT4, MT5, cTrader, IRESS platforms. Trading Central, Autochartist, MT4/5 Traders Toolbox.

Trade with up to 1:3000 leverage. Zero commission trading account. No deposit, withdrawal or inactivity fees. MT5 and IUX Web Trader platforms. IUX App for mobile trading.

1,380+ tradable instruments. 90 currency pairs. 116 24-hour stocks. Raw spread Razor account. Ultra-fast order execution. MT4, MT5, cTrader and TradingView.

MT4 Autochartist and Trading Central plugins. Zero spreads, low fees, zero requotes. No minimum distance order restriction. Advanced MT4 algorithmic trading features. Free VPS.

How Did FXEmpire Select the Best Zero Spread Forex Brokers?

  • We checked each broker’s license and authorizations to identify the regulatory protection available.
  • We explored the different account types to ensure each broker offers spreads starting at zero pips.
  • We opened a live trading account to check the spreads in real time and for low trading commissions.
  • We identified brokers that provide a good range of tradable instruments and trading platforms.
  • We also checked what other trading and research tools are available.

Our team of experts has identified each broker’s strengths and weaknesses using FXEmpire’s comprehensive methodology.

Now, let’s dive into the selected brokers.

Best Overall

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)
  • Min Deposit
    $100
  • Tradable Instruments
    1995
  • Fees
    High

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

Pros
  • 2.100+ CFD instruments
  • <12 ms execution speeds
  • Powerful FxPro Trading Platform
  • FxPro Squawk and Trading Central
Cons
  • FxPro Trading Platform is only available in English

Best for Commodity Trading

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.
  • Min Deposit
    $0
  • Tradable Instruments
    251
  • Fees
    Low

Why We Picked It

Founded in 2017 in Australia, Fusion Markets stands out as a top commodity trading broker, thanks to its combination of raw spreads, low commissions, and access to a wide range of commodity markets covering metals, energies, and soft commodities.

Key Features:

  • Regulation & Max. Leverage: ASIC (1:30), VFSC (1:500), FSA Seychelles (1:500)
  • Zero Spread Account: ZERO Account
  • Minimum Deposit: $0
  • Commission: $4.5 per lot, round-turn
  • Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, DupliTrade

Fusion Markets offers its ZERO account with raw spreads starting from 0.0 pips and a commission of $4.5 per lot round turn, which is much better than the industry average of $6.
I also found the 0.016 spread on crude oil contracts far better than the 0.030 industry average.

Our team was also impressed by the broad selection of over 26 commodity contracts covering metals, energies, and agriculture. The overall number of 250+ tradable instruments is on the lower side, but it covers all major asset classes.

Another standout feature is the strong range of platform lineups, which also includes cTrader. This platform is great for short-term active traders in commodities, as it features one-click trading and built-in risk management calculators, which help manage the different contract sizes for each commodity.

Pros and Cons

Pros
  • Diverse range of commodity contracts
  • Low commodity costs
  • Multiple popular trading platforms
  • cTrader risk calculator
Cons
  • High overnight swap fees

Best for Beginners

Forex trading involves risks.
  • Min Deposit
    $10
  • Tradable Instruments
    12056
  • Fees
    Medium

Why We Picked It

Founded in 2009, RoboForex is a standout zero-spread broker for beginner traders, thanks to its reliable 24/7 customer support, low $10 minimum deposit, flexible account types, and strong educational materials, including eBooks, videos, and articles.

Key Features:

  • Regulation & Max. Leverage: FSC Belize (up to 1:2000)
  • Zero Spread Account: Pro and ECN accounts (spreads from 0.0 pips)
  • Minimum Deposit: $10 (both Pro and ECN)
  • Commission: $2 per lot, round-turn
  • Platforms: MetaTrader 4, MetaTrader 5, R StocksTrader, R WebTrader, R MobileTrader

RoboForex offers 5 account types, including an ECN and Prime account, which offer spreads from 0.0 pips. The Prime account is particularly interesting as it offers a very low commission of just $2 per lot, round turn, which is much better than the $6 industry average. The low $10 minimum deposit is great for beginners as it allows them to test the broker’s live services and products with small capital.

While the MT4 and MT5 desktop platforms are not designed for beginners, the web version and mobile app are much easier to navigate and more suited to beginners. I found the broker’s own proprietary R Web Trader platform is also a good option for beginners. RoboForex also provides access to 10 video courses, a large selection of YouTube videos, and 69 educational articles, which I found to be of high quality and informative.

Pros and Cons

Pros
  • Low $10 deposit for raw spreads
  • Low commissions
  • Strong educational content
  • 24/7 customer support
Cons
  • Limited range of tradable instruments

Best Trading Software

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.
  • Min Deposit
    $100
  • Tradable Instruments
    10180
  • Fees
    Low

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

Pros
  • Wide range of trading platforms
  • Advanced MT4 tools and plugins
  • Autochartist integration for trade ideas
  • Fast execution and EA support
Cons
  • Entity in St. Vincent and the Grenadines is unregulated

Best for High Leverage

4.3
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.
  • Min Deposit
    $30
  • Tradable Instruments
    128
  • Fees
    Low

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

Pros
  • 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
Cons
  • Modest selection of tradable instruments

Best Tradable Instrument Selection

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts l ose 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
  • Min Deposit
    $0
  • Tradable Instruments
    1494
  • Fees
    Low

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

Pros
  • 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
Cons
  • Lacks non-CFD instruments

Best MT4

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.
  • Min Deposit
    $200
  • Tradable Instruments
    2239
  • Fees
    Low

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 (1:1000)
  • 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

Pros
  • Strong MT4 support for automated trading
  • MT4 Advanced Trading Tools package
  • 2,200+ tradable instruments
  • VPS and copy trading from MT4
Cons
  • High swap fees

Best Overall in the US

OANDA corporation is a member of NFA and is subject to NFA's regulatory oversight and examinations. However, you should be aware that NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians, or markets.
  • Min Deposit
    $0
  • Tradable Instruments
    69
  • Fees
    Medium

Why We Picked It

OANDA was founded in 1996 and is one of the most established brokers serving US traders. It’s regarded as the best overall broker in the US thanks to its transparent zero-spread pricing model, strong regulatory framework, and strong platform lineup.

Key Features:

  • Regulation & Max. Leverage: Commodity Futures Trading Commission (CFTC), National Futures Association (NFA) (1:50)
  • Zero Spread Account: Core Spread
  • Minimum Deposit: $0
  • Commission: $7 per lot, per side
  • Platforms: OANDA Web Platform and Mobile App, MetaTrader 4, TradingView

OANDA US offers two pricing models: a spread-only account and a core-spread plus commission account. The core spread account provides spreads from 0.0 pips with a commission of $7 per lot, per side, which is around the industry average. This is great for active, short-term traders who need precision pricing.

There is a wide range of platforms, including OANDA’s proprietary web platform and mobile app, MetaTrader 4, and TradingView. During our live test, I found the OANDA web platform offers some great features that are not available with other brokers. For example, its order book depth and position ratio indicator is useful to gain an understanding of where the volume of trading activity could be. With market research from its in-house team and third-party providers, OANDA US delivers a well-rounded trading experience for US traders.

Pros and Cons

Pros
  • Multiple trading platforms and tools
  • Cash rebates
  • Strong market research
  • Forex and crypto trading
Cons
  • Inactivity fee applies

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.

 

 

Meet Our Experts

The team of forex and CFD writers and editors at FXEmpire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.

Get to Know Our Authors

Dan BlystoneBroker Analyst

Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Jitan SolankiBroker Analyst

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.

Plamen StoyanovBroker Analyst

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

Dive deeper with our experts.Continue the conversation with traders and analysts in our community channels.

About the Author

Jitan SolankiBroker Analyst

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.

Why you can trust FXEmpire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FXEmpire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money