Best Zero Spread Brokers
What to Look for in a Zero Spread Broker
Maximizing Your Trading Efficiency
For forex traders, spreads—the difference between the bid and ask price—can significantly impact profitability. Zero spread accounts are highly appealing as they eliminate this cost, allowing traders to execute trades at the exact market price without incurring additional fees on each trade. However, it’s essential to note that while zero spread brokers offer no spreads, they may charge a commission or have other fees. Here’s what to look for in a zero spread broker and our top picks for the best zero spread brokers available.
Regulation and Security
Ensure the broker is regulated by a reputable financial authority (e.g., FCA, CySEC, ASIC) to ensure your funds’ safety.
Trading Platforms
Opt for brokers that offer robust and user-friendly trading platforms, such as MetaTrader 4/5 or cTrader.
Account Types
Verify if the broker offers different account types to suit various trading styles and capital levels.
Commission Fees
Check the commission rates, as zero spread accounts typically come with a per-trade commission.
Execution Speed
Fast execution speeds are crucial, especially for scalping and high-frequency trading.
Customer Support
Reliable and responsive customer support is essential for resolving issues quickly.
Best Zero Spread Brokers
Here are our top picks for the best zero spread brokers that offer competitive commission rates and excellent trading conditions
01
RoboForex
Regulation: IFSC
Commission: From $20 per million traded
Platforms: MetaTrader 4/5, cTrader
Execution Speed: Fast execution
Customer Support: 24/7 support
Additional Features: VPS hosting, free trading tools
02
FBS
Regulation: IFSC, CySEC
Commission: From $20 per lot
Platforms: MetaTrader 4/5, FBS Trader
Execution Speed: Fast execution
Customer Support: 24/7 support
Additional Features: Educational materials, market analysis
03
Tickmill
Regulation: FCA, CySEC, FSA
Commission: From $4 per round trip per lot
Platforms: MetaTrader 4/5
Execution Speed: Lightning-fast execution
Customer Support: 24/5 support
Additional Features: Free VPS, educational resources
04
HotForex
Regulation: FCA, CySEC, FSCA
Commission: From $6 per lot
Platforms: MetaTrader 4/5
Execution Speed: Fast execution
Customer Support: 24/5 support
Additional Features: VPS service, educational materials
05
OctaFX
Regulation: CySEC
Commission: From $0.03 per 0.01 lot
Platforms: MetaTrader 4/5, cTrader
Execution Speed: Fast execution
Customer Support: 24/7 support
Additional Features: Copy trading, educational materials
06
FP Markets
Regulation: ASIC, CySEC
Commission: From $3 per side per lot
Platforms: MetaTrader 4/5, IRESS
Execution Speed: Fast execution
Customer Support: 24/5 support
Additional Features: Advanced trading tools, educational resources