Best Low Spread Forex Brokers

Our May 2022 forex spread comparison found the lowest spread forex brokers are:

  • eightcap logo Eightcap - Lowest Spread Broker Overall
  • Pepperstone Pepperstone - Lowest Spread No Commission Broker
  • avatrade logo new AvaTrade - Lowest Fixed Spread Forex Broker
  • thinkmarkets logo new ThinkMarkets - Low Spread Forex Broker For Scalping
  • ig logo new IG - Tight Spreads and No Commission Broker
  • fusion markets logo new Fusion Markets - Lowest Commission Forex Broker
  • fxtm logo new FXTM - Low Spreads and High Leverage Broker
  • fxpro logo new FxPro - 0 Spread Broker With No Dealing Desk
  • eToro eToro - $0 Commission On Shares Broker

Use Our Calculator To Compare Forex Brokerage

You can calculate forex brokerage based on current forex crosses, commissions and spreads below for the major base currency and currency pairs. You can also click on the ‘+’ sign to view the fees that led to the final forex brokerage displayed.

Calculate Your Trading Costs Below

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Eightcap
Pepperstone
AvaTrade
ThinkMarkets
Our Rating
8.50
9.17
8.33
7.67
Eightcap don't provide % of clients who lose money
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
71% of retail investor accounts lose money when trading CFDs with this provider
75.5% of retail investor accounts lose money when trading CFDs with this provider

Regulations and Licenses

Feature
Eightcap
Pepperstone
AvaTrade
ThinkMarkets
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cypus)
IIROC (Canada)
DFSA (Dubai)
BaFin (Germany)
ADGM (Abu Dhabi)
CBI (Ireland)
FSA (Seychelles)
FSC BVI (British Virgin Islands)
SCB (Bahamas)

Brokerage

Feature
Eightcap
Pepperstone
AvaTrade
ThinkMarkets
EUR/USD Avg. Raw Spread
0.06
0.17
-
0.1
GBP/USD Avg. Raw Spread
0.73
0.59
-
-
AUD/USD Avg. Raw Spread
0.27
0.24
-
-
EUR/USD Standard Spread
1.06
0.75
0.90
-
EUR/USD Fixed Spreads
-
-
0.90
-
Commissions (USD Base)
$3.50
$3.50
-
$3.50
Minimum Deposit
$250 (Raw)
$500 (Standard)
$0
$100
$0
Swap Free Account
No Inactivity Fees
Funding Methods
8+
16+
7+
6+
No Funding Fees

Markets and Instruments

Feature
Eightcap
Pepperstone
AvaTrade
ThinkMarkets
Currency Pairs
40+
62+
55+
46+
Cryptocurrency CFDs*
250+
12+
15+
21+
Index CFDs
10+
14+
33+
21+
Share CFDs
400+
300+
625+
1200+
Commodities CFD
4+
9+
30+
15+
Stockbroking
-
-
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
400:1
500:1
Retail Max. Leverage (Europe)
-
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
500:1
400:1
500:1
Retail Max. Leverage (UAE)
-
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
-
500:1
400:1
-
Retail Max. Leverage (With offshore regulators)
500:1
200:1
400:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Eightcap
Pepperstone
AvaTrade
ThinkMarkets
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Low ECN Spreads
Smart Trader Tools
Choice of social trading tools
STP Order Execution

Overall

Eightcap
Pepperstone
AvaTrade
ThinkMarkets