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LOW SPREAD BROKERS

What is LOW SPREAD BROKERS?

If you are a forex trader, you should know that every forex broker are quotes two different prices for a currency pair, where one of them called a bid price, and the other is an asking price. When you sell your base currency, it's called the bid price. On the other hand, ask the price when you buy your base currency by trading. So, what is spread? in these two prices, the difference is called the Spread in forex trading. Some peoples also called it a bid/ask spread.

Broker Broker Type Min. Spreads Min. Deposit Min. Position Max. Leverage Apply
ATFX ECN/STP By Region 100 0.01 1:200
Oinvest STP/ECN 0.7 Pips 250 0.01 1:500
FXPRIMUS ECN/STP 0.0 Pips 100 0.01 1:500
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1pipfix STP 1.0 100 0.01 1:400
2pipfix STP 0.9 25 0.1 1:400
4Runner ECN, STP 0.9 100 0.01 1:200
4XP ECN,MM 1.0 500 0.01 1.300
A Forex ECN,STP 0.3 100 0.01 1.500
AccentForex STP 0.5 10 0.01 1.500
Admiral Markets ECN,MM 1.0 10 0.01 1.500
AFM MM 1.0 1000 1 1.500
AFX Capital MM 0.8 200 0.01 1.300
Ajax Financial ECN 0.4 500 0.1 1.100
AmariFX ECN, MM 0.5 100 0.01 1:500
AMEGA ECN/STP 0.1 pips 0 0.01 1:1000
Arab Financial STP 1.0 2,000 0.01 1:400
ATC Brokers ECN,STP 1.0 3500 0.1 1.100
Atlas Capital FX ECN,STP,MM 0.8 50 0.01 1.500
ATS Markets MM/ DMA/STP 1 Pips 100 0.01 1:500
Avivafx ECN,STP 1.0 100 0.01 1.500
Belarta STP/DMA 0.3 1000 0.01 1:500
Boston Merchant STP,MM,ECN 0.6 100 0.01 1:400
BroCo ECN,STP 1.0 100 0.01 1:200
Bulls Capital Markets STP, ECN 0.6 50 0.01 1:1000
Capital One Forex ECN,STP 0.2 100 0.1 1:1000
CitiFX Pro ECN 0.2 1000 0.1 1.50
CMS Forex MM 0.9 200 0.1 1.50
CommexFx ECN,STP,MM 2.0 200 0.01 1:400
Delta Financial MM 1.0 1 0.01 1:200
DeltaStock ECN,MM 0.1 100 0.01 1:200
Direct Currency Markets ECN 0.9 1000 0.1 1.500
Dukascopy ECN 0.5 100 0.1 1.100
easyMarkets Market Maker 0.3 to 1.8 100 0.01 1.400
ECN Alpha Limited ECN,STP 0.5 250 0.1 1.100
EXNESS MM 0.3 100 0.01 1.100
EXO GROUP LIMITED STP, NND 0.7 100 0.01 1:200
Exto Capital STP 0.8 1000 0.1 1:400
FastBrokers STP,MM,ECN 0.0 500 0.01 1:200
FBS ECN,STP 0.2 5 0.01 1:1000
FeelTrade STP 3.0 100 0.01 1:300
FIBOGroup ECN,MM 0.1 300 0.01 1:200
FinFX ECN,STP 0.0 150 0.01 1:200
Finotec NDD, STP 0.0 200 0.1 1:200
Forex Club MM 0.0 10 0.01 1.100
FOREX MMCIS MM 1.0 100 0.01 1.500
Forex-Trend STP 0.0 20 0.01 1.100
Forex.com MM 0.0 250 0.1 1.50
FOREX.ee ECN/DMA 0.0 200 0.01 1:500
Forex4you ECN 0.5 1 0.01 1.500
Forexoma STP 1.0 500 0.1 1.100
FormulaFX STP, ECN 0.5 100 0.01 1:300
FreshForex STP 1.0 1 0.01 1:500
FX Choice ECN,MM 0.1 10 0.01 1.500
FX Clearing ECN,STP 0.0 10 0.01 1.500
FX Financial NDD, STP 1.0 300 0.01 1:200
FX UP STP,MM,ECN 0.0 1 0.01 1.500
FXCH STP 1.0 2000 0.1 1.500
FXCM NDD, STP 0.9 2000 0.1 1.50
FxCompany MM 0.8 100 0.1 1.500
FXD24 MM 0.0 250 0.1 1:400
FxGrow STP, ECN 0.1 pips 100 0.01 1:200
FXOpen ECN,MM 0.0 1 0.01 1.500
FxPro ECN,MM 0.0 500 0.1 1.500
FXTSwiss MM 1.0 2000 0.1 1:400
Gainscope STP 1.0 250 0.01 1:400
Gallant Capital Markets ECN,STP 0.2 100 0.01 1:400
GCI Financial MM 1.0 2000 0.1 1:200
GCM Forex ECN 2.0 100 0.01 1:100
GCM Forex STP, ECN 3.0 100 0.01 1:500
GFT MM 0.8 250 0.1 1:200
GOMarkets STP 0.5 1 0.01 1.500
GREENVAULT FX ECN 0.0 1 0.01 1:1000
Hirose Financial STP 0.7 20 0.1 1.300
HMS Markets MM 1.0 10000 0.1 1.50
HotForex ECN,STP 0.2 5 0.01 1.500
IamFX STP 0.0 500 0.01 1:400
IGOFX STP 1.0 1 0.01 1:1000
IGOFXPRO STP 3.0 1 0.01 1:1000
International Capital ECN 0.0 200 0.01 1.500
Investors Europe STP 0.0 250 0.01 1:400
Iron FX ECN,MM 0.0 500 0.01 1.500
IronFX STP/ECN/MM 0.0 500 0.01 1:200
IvitaFX STP 0.0 100 0.01 1:500
LiteForex STP 0.0 1 0.01 1.500
Loyal Forex ECN,STP 0.9 1 0.05 1:400
MB Trading ECN,STP 0.0 400 0.1 1.50
MF Financial ECN,STP 0.0 100 0.1 1.500
MIG Bank STP 0.6 2,000 0.1 1:200
MRC Markets ECN,MM 0.5 100 0.1 1.500
My Trade ECN/NDD 0.0 50 0.01 1:500
NixonFx STP 2.0 25 0.01 1:100
NSFX STP, ECN 0.3 300 0.01 1:200
OANDA MM 0.9 1 0.01 1.50
OctaFX ECN/STP 0.0 Pips 5 0.01 1:500
OlympTrade ECN/STP 0.3 Pips 10 0.01 1:400
OzoneForex STP, ECN 0.0 1 0.01 999:1
Pacific Financial ECN,STP 0.0 1 0.1 1.500
PaxForex STP,MM,ECN 0.8 300 0.01 1.500
Pellucid Global STP/ECN 0.4 200 0.01 400:1
Pepperstone ECN 0.1 200 0.01 1:400
PFG Forex STP 0.0 1000 0.1 1.100
PIPTRADE STP, ECN 1.8 50 0.01 1:500
Realtime Forex ECN,MM 0.3 3000 1 1.100
Renesource Capital ECN 0.6 2500 0.4 1.100
RFXT ECN,STP 0.3 1000 0.01 1.100
RoboForex ECN,STP 0.1 10 0.01 1.500
RVMarkets STP 0.0 1 0.01 1.500
SAXfx ECN 0.0 100 0.01 1.500
SDWingFX ECN 1.8 100 0.01 1:400
Solforex STP 0.0 200 0.01 1:400
Strato Markets STP 1.0 300 0.1 1:400
Swissquote Bank STP 0.9 2,000 0.1 1.100
Synergy FX ECN,STP 1.0 500 0.01 1:400
Tadawul FX STP 1.0 500 0.05 1.500
Tallinex ECN,STP 0.0 100 0.01 1:400
Tenko FX ECN 0.0 10 0.01 1:500
Traders Way STP,MM,ECN 0.0 1 0.01 1.500
TradeView STP 0.8 100 0.01 1:200
Umofx ECN,STP 0.2 1 0.01 1.500
United Forex ECN,STP 2.0 100 0.01 1:200
United World Capital MM 0.0 5 0.01 1.500
Universal FX STP 0.9 2,000 0.1 1.100
Vantage FX STP 0.6 2 0.01 1.500
Velocity Trade STP 0.5 1000 0.1 1.100
Weltrade STP, ECN 2.0 25 0.01 1:500
Windsor Brokers MM 0.8 25 0.01 1.500
XGLOBAL Markets STP 0.8 1 0.01 1:500
XM Group MM 0.0 5 0.01 1:30*
Xtb MM 0.0 500 0.1 1.100

Do you see that there are a lot of brokers are offering to trade without commissions? We know that commission is the earning way for a broker house, so if they don't take commission, how will they earn?

The answer is simple, and if anyone is providing services to clients, they will want to earn something at any cost. Brokers will offer you to trade without a commission, but they will take the Spread from you. This is the best earning way for a broker house.

When you trade a currency in the market, you have to buy/sell to complete trades, and when you buy a currency, they will earn money from you because they will sell you to you with less than their buying prices.

On the other hand, when you sell a currency, they will buy it at lower prices. As a result, they are earning from both sides. That's why brokers can offer you to trade without commissions.

Let's clear the confusion by having an example, imagine that you want to sell your old MacBook to an online store that buys used MacBook. So, when you sell it to them, they bought it from you for $100, and they sell it to a customer for $101. So, there is a difference between the selling and buying price, that is called a spread. I hope you are now clear about the broker who is offering to trade with zero commission.

How do brokers measure the Spread of Forex trading?

Forex brokers measure it based on pips, and you should know that pips are the minimum unit of the price movement for a currency pair. We have seen that the maximum time of one pip is equal to 0.0001 for maximum currency pairs.

So, how can I calculate the Spread? Let's take an example to get the proper idea of it. We will measure two pip spread for USD/AUD, think that 1.1041/1.1043 is the movement for a trade. The first is the base currency which is 1.1041, and AUD is the Quotes currency.

To find out the Spread, you have to minus the base price from the quotes price that means your Spread will be 1.1043-1041 =2 pips = Spread. This is the measuring system of the spreads.

There are two types of spreads available in the forex market which is 1) Fixed and another one is Variable, many peoples also calling it a floating spread.

Low Spread Forex Brokers list in 2021/2022

So, already you have understood the Spread, will you choose a broker where the Spread is higher? Obviously not; you will select a broker where you can trade with a lower spread rate. Especially for scalpers, low spread brokers are the first choice for scalpers. They choose low spread brokers because they have to open a lot of trades in a single day. In that case, a commission may amount to 100 or more pips.

To save the cost of trading, they are choosing low spreads broker. Sometimes traders are not able to find the low spread brokers in one hand. We have a good solution for this; here is a low spread forex broker's list for you. You will find the lowest spread broker on the top of the table. If you scroll down, you will get higher spreads brokers. We hope it will help a lot of traders to find their favorite low spread broker easily.