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Platform

Regulator

Features

Account Type

What do you trade?

Trading Experience

Extra Features

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:

Axi

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.

FAQ

Most frequent questions and answers

When you trade FX, you wager on the rate of exchange between two currencies. For example, if you bet on EUR/USD going up (buy), you’re betting on the euro’’s value versus the US dollar increasing. As a result, if the EUR/USD rate rises, you will profit; if it falls, you will lose. When you short sell  EUR/USD, you’re wagering that the Euro will lose value against the US dollar. Read More

You can find more information on how FX trading works here

Example of FX trade:

Check EURUSD and USDPY FX trade examples here

The most popular trading platform is Metatrader 4. Metatrader 5 is also among trader favorites. You can check the difference between the two here