10 Best Zero-Spread Forex Brokers

The 10 Best Zero-spread Forex Brokers revealed. We have evaluated hundreds of Forex and CFD Brokers charging the tightest spreads to identify the 10 Best with spreads from 0.0 pips on EUR/USD.

In this in-depth guide, you’ll learn:

• What is Zero-spread Trading?
• Who are the 10 Best Zero-spread Forex Brokers on our list?
• How Zero-spread Affects Forex Trading?
• Pros and Cons of Zero-spread Accounts.
• Conclusion on the 10 Best Zero-spread Forex Brokers.
• Popular FAQs about the 10 Best Zero-spread Forex Brokers.
• Differences between Zero spread and Standard account.
• Is there a Zero-Spread Forex Broker for gold?

And lots more…

So, if you’re ready to go “all in” with the 10 Best Zero-spread Forex Brokers…

Let’s dive right in…

🏆 10 Best Forex Brokers

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker >>
🥈		Read Review	FMA, FSA	USD 50	Visit Broker >>
🥉		Read Review	FSCA, CySEC, DFSA, FSA, CMA	USD 0	Visit Broker >>
4		Read Review	SFSA, FSCA, CySec*	USD 5	Visit Broker >>
5		Read Review	FCA, CySEC, FSCA, SCB	USD 100	Visit Broker >>
6		Read Review	FCA, FINMA, FSA, ASIC	USD 0	Visit Broker >>
7		Read Review	CySEC, FCA, FSA, FSCA, Labuan FSA	USD 100	Visit Broker >>
8		Read Review	Not Regulated	0.001 BTC	Visit Broker >>
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker >>
10		Read Review	CySEC,MISA, FSCA	USD 20	Visit Broker >>

10 Best Zero-Spread Forex Brokers (2024*)

1. ☑️Exness – Secure trading environment and competitive spreads.
2. ☑️HFM – Market-leading brokers of choice.
3. ☑️Axi -Spreads on EUR/USD forex, shares, commodities, indices and cryptos.
4. ☑️FXopen – Instant execution of orders.
5. ☑️Just Markets – User-friendly platform, intuitive trading experience.
6. ☑️IC Markets – Low-cost structure enhances profitability.
7. ☑️FXTM – Gives Diverse global opportunities.
8. ☑️Tickmill – Competitive spreads ensure effective trading.
9. ☑️Pepperstone – TradingView Broker of the Year (2022) and Social Champion (2023).
10. ☑️Vantage Markets – An award-winning CFD broker with competitive spreads.

What is Zero-spread Trading?

Zero-spread trading has significantly transformed the forex realm, abolishing the bid-ask spread – traditionally perceived as brokers’ revenue source – thereby enabling traders to enjoy direct access to prevailing market prices.

Notably beneficial for strategies reliant on minimal transaction costs (e.g., scalping), this innovation prompts firms furnishing zero-spread accounts to utilize other compensation measures like levies or fluctuating spreads across their product offerings, safeguarding continuity and profitability.

Accounts of this nature are particularly attractive to traders who place a high value on both cost-efficiency and practicality, as they enable swift execution at established pricing.

It should be noted, however, that zero-spread products boast a complex structure, which necessitates a thorough examination of associated costs and the brokers’ reliability to underscore the importance of selecting reputable suppliers.

Implementing such a technique can eliminate financial barriers while concurrently affording traders enhanced transparency and authority over their trading expenditures.

The 10 Best Zero-spread Forex Brokers

Exness

Account Types and Specifications

Exness offers a variety of account options, among them the Zero-spread account, which appeals to traders searching for low spreads.

This type of account generally entails commission fees per traded lot and is well-received for its slender spread that commences from 0.0 pips. The minimum deposit fluctuates according to payment method; certain accounts may begin from $10.

Unique Features

Leverage and Margin Requirements

The leverage options are flexible, offering a range of up to 1:2000 for specific account tiers. Additionally, unlimited leverage is attainable when paired with the corresponding equity allocation linked to an individual’s designated trading account.

Nevertheless, it is essential to recognize that margin requirements may vary depending on factors such as distinct account classifications, current market conditions, and the diverse instruments employed in trading activities.

Tradable Instruments

Exness provides a comprehensive array of tradable assets, encompassing Forex pairings, commodities, cryptocurrencies, energy products, and indices. This exceptional versatility caters to an extensive spectrum of trading preferences and strategies.

Platforms and Tools

Exness offers the significant MetaTrader 4 and MetaTrader 5 platforms, along with its WebTerminal and App to traders.

These trading resources provide access to advanced tools for sophisticated trade execution data analysis and invaluable instructional materials to enhance their proficiency in trading endeavors.

Customer Support and Services

Exness is widely recognized for its remarkable customer care services, readily accessible 24/7 in numerous languages.

The platform offers extensive technical support, account management aid and a wide range of instructional tools to assist traders navigate through the markets with ease and achieve success.

HFM

Account Types and Specifications

HFM offers a diverse range of account types and features, including zero-spread accounts, to cater to the unique requirements of traders.

These accounts boast minimal or non-existent spreads alongside transaction fees, rendering them highly advantageous for high-volume individuals inclined toward scalping strategies.

Unique Features

Leverage and Margin Requirements

Traders can leverage up to 1:2000, affording them ample room for maneuverability in their trading pursuits.

The margin requirements are competitive and contingent upon various factors, including account type and traded instrument.

Tradable Instruments

HFM traders can easily engage in trading forex, commodities, indices, stocks, bonds, and cryptocurrency. This avails them of opportunities for portfolio diversification.

Platforms and Tools

HFM provides clients access to platforms such as MT4 and MT5 and mobile options for on-the-go trading.

In addition to these offerings, the broker also avails a range of supplementary tools, including technical analysis tools, trade calculators and instructional materials to enhance their client’s investment experience.

Customer Support and Services

HFM provides exceptional customer service, with support available 24 hours a day. The brokerage firm delivers extensive educational resources, such as instructional tools, seminars, and workshops, to cater to traders at all levels.

Axi

Account Types and Specifications

Axi offers Pro and Elite account options to traders who desire competitive spreads. These accounts tend to incur commission fees. However, they offer remarkably low spread rates, as minimal as 0.0 pips on notable currency pairs.

Unique Features

Leverage and Margin Requirements

Axi allows traders to enhance their trading exposure through leverage of up to 1:500. It is important to note that margin requirements differ across various instruments and are clearly defined by Axi’s policies.

Axi’s product offering comprises forex, commodities, indices, and certain cryptocurrencies, appealing to a diverse range of traders.

Platforms and Tools

Axi employs the MT4 platform, bolstered with advanced trading instruments such as Autochartist, PsyQuation, various bespoke indicators, and skilled advisors.

Customer Support and Services

Axi prides itself on delivering round-the-clock client support services, available five days a week. Additionally, the brokerage firm provides various educational resources, including webinars, tutorials, and articles, to aid its clients in making informed investment decisions.

FXOpen

Account Types and Specifications

FXOpen caters to a diverse clientele by providing several account types, including the ECN account with zero or low spreads and transaction commissions. This offering presents an ideal solution for traders who prefer direct market access.

Unique Features

Leverage and Margin Requirements

Leverage is offered up to 1:500, with margin requirements that vary depending on the account type and market conditions.

Tradable Instruments

FXOpen provides traders various tradable instruments, including forex, commodities, indices, and cryptocurrency.

Platforms and Tools

FXOpen provides its clients with a range of trading platforms, including MT4, MT5, and proprietary TickTrader. Furthermore, traders can access a range of analytical tools, market news updates, and educational resources for their benefit.

Customer Support and Services

FXOpen offers round-the-clock language assistance from Monday to Friday, a comprehensive FAQ section, instructional materials, and personalized account support.

JustMarkets

Account Types and Specifications

JustMarkets offers various account categories tailored to accommodate various trading techniques and preferences. These include the Standard Cent, Standard, Pro, and Raw Spread accounts.

The Pro and Raw Spread accounts are specifically designed for proficient traders seeking narrow spreads alongside enhanced trading conditions. The latter boasts starting spread prices as low as 0 pips – an attractive prospect for those focused on scalping or high-frequency trades.

Unique Features

Leverage and Margin Requirements

JustMarkets offers flexible leverage alternatives, potentially attaining ratios as high as 1:3000 for certain account categories.

Such formidable leveraging empowers traders to retain larger market holdings with just a nominal amount of investment capital, augmenting their probable profits and losses.

Tradable Instruments

JustMarkets offers a broad range of tradable assets, including Forex pairings, commodities, indices, and cryptocurrencies.

Platforms and Tools

JustMarkets endorses the widely adopted MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering a reliable trading environment that traders can rely on.

These platforms are highly appreciated for their advanced charting facilities, automated trade competencies in Expert Advisors, and personalized indicators.

Customer Support and Services

JustMarkets offers exceptional customer support and services. The broker offers around-the-clock assistance through various communication channels, such as live chat, email, and phone, ensuring traders can receive prompt help whenever required.

IC Markets

Account Types and Specifications

IC Markets provides Raw Spread account options that present competitive spreads starting from 0.0 pips and cost-effective commissions, specifically designed to cater to the needs of scalpers as well as algorithmic traders.

Unique Features

Leverage and Margin Requirements

Leverage up to 1:500 is offered, with competitive margin requirements to suit various trading styles and techniques.

Tradable Instruments

The broker provides diverse products, including forex, indices, commodities, bonds, cryptocurrencies, and stocks.

Platforms and Tools

IC Markets leverages the use of MT4, MT5, and cTrader platforms to offer traders an array of sophisticated charting capabilities, automated trading functionalities, and diverse analytical tools.

Customer Support and Services

IC Markets delivers exemplary customer service round the clock throughout the week. Furthermore, the extensive range of educational materials such as manuals, tutorials, and webinars serve as a rich repository of information for users seeking to expand their knowledge base.

FXTM

Account Types and Specifications

FXTM offers diverse account options with distinctive specifications, including the Advantage Account. This option boasts low commission fees and minimal spreads, offering favorably economical trading conditions sought by traders.

Unique Features

Leverage and Margin Requirements

Traders can utilize leverage of up to 1:2000. Margin requirements are delineated for every account classification and trading instrument employed.

Tradable Instruments

FXTM offers diverse trading assets, including forex, commodities, indices, equities, and cryptocurrencies.

Platforms and Tools

FXTM offers both the MT4 and MT5 platforms and an array of trading resources and educational materials to facilitate informed decision-making by traders.

Customer Support and Services

FXTM is well-known for providing exceptional customer service, including 24-hour assistance in many languages and many instructional resources to help traders progress.

Tickmill

Account Types and Specifications

Tickmill offers a Pro account with highly affordable spreads starting from 0.0 pips and low commission charges, ideal for proficient traders seeking competitive trading conditions.

Unique Features

Leverage and Margin Requirements

Leverage up to 1:500 is available, with varied margin requirements depending on the trading instrument and account type.

Tradable Instruments

Tickmill allows you to trade Forex, indices, commodities, and bonds, among other financial instruments.

Platforms and Tools

Tickmill utilizes reputable MT4 and 5 platforms enriched with many trading instruments and resources, such as advanced charting capabilities, comprehensive economic calendars, and thorough market analyses, to facilitate sound decision-making among traders.

Customer Support and Services

Tickmill prioritizes customer satisfaction by providing tailored support and offering various educational materials like webinars, seminars, e-books, and video tutorials to enhance traders’ trading skills and expertise.

Pepperstone

Account Types and Specifications

Pepperstone offers the Razor account, a popular choice for scalpers and algorithmic traders due to its low spreads and quick execution.

Unique Features

Leverage and Margin Requirements

Pepperstone allows traders to benefit from leverages of up to 1:500, providing them ample latitude in their trading approach.

The margin requirements are conspicuously transparent and competitive, making it feasible for traders to regulate risk effectively.

Tradable Instruments

The broker offers a comprehensive selection of tradable instruments, including forex, CFDs on indices, commodities, cryptocurrencies, and stocks, allowing traders to diversify their portfolios.

Platforms and Tools

Pepperstone offers MT4, MT5, and cTrader platforms, analytical tools, market insights, and trading resources, along with access to social trading networks for experienced traders.

Customer Support and Services

Pepperstone is renowned for its exceptional customer service, available 24/7 via live chat, email, and phone, and offering a variety of instructional tools for traders of all skill levels.

Vantage Markets

Account Types and Specifications

Vantage Markets offers a RAW ECN account designed to cater to high-volume traders seeking optimal trading conditions. This account boasts zero spreads and a competitive commission structure, ensuring an unparalleled experience within the financial markets.

Unique Features

Leverage and Margin Requirements

Traders can leverage up to 1:500, maximizing trading potential, with margin requirements varying based on instrument and market conditions and explicit rules for risk management.

Tradable Instruments

Vantage Markets offers various tradable instruments, including Forex, indices, commodities, and stocks.

Platforms and Tools

The broker uses the MT4 and MT5 platforms, Vantage’s trading program, and several other third-party applications, which provide extensive charting, analytical tools, and automated trading capabilities.

Customer Support and Services

Vantage Markets provides 24/5 customer service and educational tools like articles, videos, and webinars to enhance traders’ trading skills and expertise.

How Does Zero-spread Affect Forex Trading?

Zero-spread accounts significantly impact forex trading by eliminating the need for spreads, a difference between the bid and ask prices of currency pairs. This benefits scalpers and high-frequency traders, who can execute numerous deals quickly.

By reducing spreads, traders can execute lower-cost transactions, leading to a more transparent trading cost structure. Zero-spread accounts also improve trading accuracy by executing transactions at specific price points. However, they may incur additional commission fees.

The Pros and Cons of Zero-spread Accounts

 Conclusion

In our experience, The top zero-spread forex brokers offer cost efficiency and quickness, removing the bid-ask spread, which can improve trading conditions for speedy execution and accurate pricing. However, they may also have increased fees and trading limitations.

According to our findings, transparency, regulatory compliance, and overall trading environment determine the broker’s worth.

Overall, we can conclude that balancing the advantages of zero-spread accounts against potential negatives is crucial for traders seeking to enhance their trading strategy in the complex forex market environment.

Frequently Asked Questions

Are zero-spread brokers a good option for beginners?

Zero-spread brokers might be an excellent choice for novices, but it is important to understand the commission structure and possible expenses before selecting one. Beginners might find conventional spread account pricing simpler to grasp at first.

What exactly is a zero-spread broker?

A zero-spread broker is a forex broker that provides very narrow spreads, sometimes as low as 0 pips on key currency pairs. These brokers often earn money by charging a fee for every transaction rather than via the spread.

Are there different types of zero-spread accounts?

Yes, certain brokers provide both regular and ECN/STP zero-spread accounts. ECN/STP accounts provide direct market access and often have reduced costs but may demand a larger minimum deposit.

What currency pairs typically have zero spreads?

Zero spreads are most prevalent on popular currency pairings with strong liquidity, such as EUR/USD, GBP/USD, and USD/JPY. Spreads may be larger on lesser-known or exotic currency pairings.

How do I know if a broker truly offers zero spreads?

Most respectable brokers will disclose their spread and commission arrangements. For exact price information, please go to their website and account conditions.