Showing 11 total brokers suitable for you.

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Platform

Regulator

Features

Account Type

Spreads from
EURUSD:
0.6 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Pepperstone
Regulated by: Financial Conduct Authority, UK, BaFIN, SCB, DFSA and ASIC

Over 10 years in business
HQ in Australia
Additional Funding Methods: BPay, POLi, UnionPay, Skrill, Neteller

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Eightcap
Trade CFDs on FX, Indices and more with a globally trusted MT4 broker. Start trading on low spreads with Eightcap today and choose from over 200 financial instruments.

Established in 2009

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ThinkMarkets
Regulated by: Financial Conduct Authority and ASIC.

Established in 2010
HQ in Australia.

500,000 ThinkMarkets users and traders

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.5 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Equiti
Equiti is a pioneering fintech firm and world-class provider of online trading technology and multi-asset financial products. With over 300 global specialists and 24/6 customer service in 9 languages, Equiti provides clients with access to individual, professional and institutional brokerage services across various affiliates and subsidiaries.

Established in 2008

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About XM Group
Regulated by: CySEC, FCA, ASIC, DFSA

Established in 2009
HQ in Cyprus & Belize.

Used by 700,000+ traders.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

axi axitrader

Axi

Spreads from
EURUSD:
0.1 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Axi
Regulated by: FCA, ASIC

Established in 2007

Used by 221,000+ traders

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.0 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ForexVox
Regulated by: Financial Conduct Authority and Financial Services Authority of the Seychelles

Established in 2019
Clients of Seychelles entity can have leverage of up to 1000:1

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.4 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Tio Markets
TIOmarkets is a forex, stocks, crypto and CFDs broker, providing services in online trading to retail clients in more than 215 countries worldwide. With account types from $0 commissions per lot and raw spreads, the company positions itself as a low-cost broker for any trader wishing to access the global financial markets on the MT4 or MT5 trading platforms.

Established in 2019

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.4 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Trio markets

Established in 2008

Used By 10,000+ Trio Markets users

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
0.2 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About Alchemy Markets
Trade with a first class broker

Established in 2014

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

Spreads from
EURUSD:
1.7 Points
See all spreads

WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:

About ForexTime
Regulated by: CySEC.

Established in 2011
HQ in Cyprus, UK.

PLATFORMS
MT4:
MT5:
Web Trader:
Mobile App:

FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:

What Are Zero Spread Accounts

Zero spread accounts are also useful for measuring non-trading losses, such as slippage, and are appropriate for particular forex methods, such as high-frequency scalping and day trading.

Zero Spread accounts are trading accounts provided by brokers in which there is no differential between the bid and ask price. These accounts enable traders to know in advance what their entry and exit levels will be when opening trades.

When Forex brokers first began selling their services, their key marketing techniques were low spreads and low commission rates. However, with the introduction of Electronic Communication Network (ECN) brokers and Straight Through Processing (STP) brokers fighting for the best pricing, zero spread accounts became the newest trendy marketing tactic utilised by forex brokers to tempt potential traders.

Zero spread Pros and Cons

With zero spread accounts you have low spread and low commission. Basically, traders can get low spread and commission which makes their day trading and scalping more profitable

Pros

Cons

Zero Spread accounts have gained significant popularity in recent years, owing to its characteristics that are particularly suitable to newcomers. Brokers are attracting an increasing number of traders who want to learn and experience Forex trading without having to bear the whole transaction cost.

Compare Brokers With Zero Spread Account Offers  

When comparing zero spread account brokers, one of the first things to look at is how much commission they charge. While professing to be zero spread brokers, some brokers impose a minimal commission or fee as well as a little markup on the spreads.

There are other brokers who provide no-commission spreads. They are often dealing desk brokers who do not send their customers’ positions to the open market (liquidity providers).

Conclusion

To conclude, zero spread forex trading allows inexperienced traders to experiment with currency trading without incurring hefty transaction charges.

However, Milton Friedman’s economic premise of “no such thing as a free lunch” also applies to the Forex market, particularly Zero Spread Accounts. Traders must thus investigate commissions, fees, and broker practises that may offer them with the potential to profit from their clients.

FAQ

Most frequent questions and answers

Some brokers offer accounts for FX trading for which spreads start from 0 pips. These spreads still fluctuate, so the average spread is higher than 0. In most cases there is a commission per FX lot traded for these account types.

After the commission is added to the zero spread accounts, the difference isn’t big. That being said, usually on average you are likely to save a bit in spread costs with a zero spread account. It could be a good idea to ask the broker for their average spreads on a standard account and average spread on a zero spread account in order to make a more informed decision.

As long as the broker is regulated and reputable, and the zero spread account has variable spreads, trading with a zero spread broker should be safe. 

The minimum deposit for the zero spread account tends to be bigger than the deposit required for a standard trading account. These vary across brokers, so it’s best to check the broker website for more information.