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Platform
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
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:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About FP Markets
Established in 2005
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
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:
MT 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:
ETFs:
About ThinkMarkets
Regulated by: Financial Conduct Authority and ASIC.
Established in 2010
HQ in Australia.
500,000 ThinkMarkets users and traders
PLATFORMS
MT4:
MT5:
MT 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:
ETFs:
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:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About XM Group
Regulated by: CySEC, FCA, ASIC, DFSA
Established in 2009
HQ in Cyprus & Belize.
Used by 700,000+ traders.
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Axi
Regulated by: FCA, ASIC
Established in 2007
Used by 221,000+ traders
PLATFORMS
MT4:
MT5:
MT 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:
ETFs:
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:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
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:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Trio markets
Established in 2008
Used By 10,000+ Trio Markets users
PLATFORMS
MT4:
MT5:
MT 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:
ETFs:
About Alchemy Markets
Trade with a first class broker
Established in 2014
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.8 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Forex.com
Regulated by: Financial Conduct Authority.
Established in 2001
HQ in United States.
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1.70.1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About FXTM
Regulated by: CySEC and FCA
Established in 2011
HQ in Cyprus, UK.
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.8 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Windsor Brokers
Based in Cyprus
Established in 1988
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Vantage
Regulated by ASIC, CySEC
Established in 2009
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Traders Trust
Regulated by CySEC
Established in 2009
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Roboforex
Established in 2009
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.9 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About OctaFX
Established in 2011
Used by 300,000+ traders
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Ingot Brokers
Established in 2004
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About IC Markets
Established in 2007
180,000+ active clients
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About GO Markets
Established in 2009
Used by 10,000+ traders
PLATFORMS
MT4:
MT5:
MT 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:
ETFs:
About FXPrimus
Established in 2009
300,000+ active traders
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About FXDD
Established in 2002
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About FX Central Clearing
Established in 2010
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
NA Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Forex4You
Established in 2007
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About HF markets
Established in 2010
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.8 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Alpari
Established in 1998
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About ATFX Global Markets
Established in 2014
Used by 2,000+ traders
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1.8 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About IronFX
Established in 2010
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.5 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Tickmill
Established in 2014
PLATFORMS
MT4:
MT5:
MT 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:
ETFs:
About MultiBank Group
Established in 2005
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About JFD Brokers
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.7 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About FX Open
Established in 2005
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.7 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Fibo Group
Established in 1998
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.9 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Darwinex
Established in 2012
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.6 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About CFI Markets
Established in 1998
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.9 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About Blackwell Global
Established in 2010
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1.3 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About ICM Capital
Established in 2009
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
1 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About London Capital Group
Established in 1996
PLATFORMS
MT4:
MT5:
MT Web Trader:
Mobile App:
FUNDING METHODS
Credit cards:
Bank Transfer:
Paypal:
Spreads from
EURUSD:
0.90 Points
See all spreads
WHAT CAN YOU TRADE?
Forex:
Indices:
Stocks:
Cryptocurrencies:
Commodities:
ETFs:
About HYCM
Regulated by: Financial Conduct Authority, CySEC.
Established in 1977
HQ in UK.
PLATFORMS
MT4:
MT5:
MT 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 spreads start from 0 pips for some of the FX majors. This means that in some cases there is no differential between the bid and ask price. However, most of these accounts have a commission per lot meaning that in reality the spread is never 0.
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
- Zero spread accounts have access to live market spreads with small additional markup
- Zero spread accounts have the ability to change the trade bias easily. Basically, you don’t have to widen your spreads with these accounts and if your bid is placed on the wrong side, you can easily change it without incurring any damages to the spread in your account.
- Pricing for Zero Spread accounts is provided by several liquidity sources. If you begin a transaction, the order price will in most cases be guaranteed.
Cons
Zero Spread accounts have gained significant popularity in recent years, owing to their 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.
- A broker who offers Zero Spread accounts may compel you to use more leverage.
- Some brokers may refuse to employ negative balance protection for personal reasons. Always be wary of these brokers and try to find a reliable one as much as possible.
Comparing Zero Spread Accounts
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.