Best Zero Spread Forex Brokers 2025

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best Forex broker without spread is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
Transparent fees
High speed of order execution

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

The best Forex brokers without spread are:

Plus500 - Best premium client support (personal manager, exclusive analysis, webinars)
Pepperstone - Best for scalping strategies (spread from 0 pips)
OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
FOREX.com - Diverse range of tradable assets (80+ currency pairs)
Interactive Brokers - Best broker for international investors (assets from 33 countries, 150+ markets)

Choosing a Forex broker with zero spread allows traders to minimize costs and improve the profitability of trading operations. This article reviews the best brokers that offer trading without spread, which is especially attractive for active traders working with large volumes. To shortlist the final lot, we compared the key conditions of such brokers, including commissions, order execution speed and platform reliability. This will help you choose the right partner for effective trading.

Best Forex brokers without spread (or with low spread)

We have compiled a list of the top zero spread brokers (or with low spread). These companies have been carefully selected based on their features, rules and benefits for traders.

Best Forex brokers without spread or with low spread
	Min. deposit, $	Max. leverage	ECN Spread EUR/USD	Max. Regulation Level	Open an account
Plus500	100	1:300		Tier-1	Open an account Your capital is at risk.
Pepperstone		1:500	0,1	Tier-1	Open an account Your capital is at risk.
OANDA		1:200	0,15	Tier-1	Open an account Your capital is at risk.
FOREX.com	100	1:50	0,2	Tier-1	Study review
Interactive Brokers		1:30	0,2	Tier-1	Open an account Your capital is at risk.

How to choose a zero spread Forex account?

When choosing a zero spread account, look for brokers that are reputable. Consider the terms and conditions of the broker, as the level of support may vary. Do your research and compare brokers with low spreads.

Key criteria when choosing a zero spread account:

Regulation. Look for brokers that are regulated in major jurisdictions. Ideally, the broker should be licensed in your country.
Trading platform. The broker should offer a user-friendly platform with technical analysis features, alerts, and the ability to trade from charts. MetaTrader 4 or MetaTrader 5 support is desirable.
Commission per trade. Zero spread accounts usually include a commission for each trade, especially on ECN accounts.
Currency pairs. Brokers with more liquid pairs provide tight spreads, which is attractive to most traders.

What is a zero/raw spread Forex account?

A spread is the difference between the buy and sell price of a financial instrument, such as a currency pair. This amount is the commission a trader pays to the broker for each trade. A zero spread account eliminates the broker's fee for the spread, leaving the trader with only the spread of the instrument itself. Such an account reduces trading costs, which is especially beneficial for frequent trades.

Raw spread accounts typically start at 0.1 pips for EUR/USD and USD/JPY pairs, with the broker earning income from a fixed commission rather than a markup on the spread. Such accounts are suitable for traders with high trading activity and scalpers, as they allow you to minimize the costs of transactions.

Raw spread vs standard account

Forex brokers offer several account types, including raw spread accounts and standard accounts. Raw spread accounts are available from ECN brokers, which use an electronic communications network to directly connect traders to liquidity providers. This allows traders to receive tight spreads and better prices.

Standard accounts offer a wider spread than raw spreads, usually a few pips higher. This type of account is available from most brokers and does not require a direct connection to liquidity providers.

What currency pairs have the tightest spreads?

The currency pairs with the tightest spreads include:

EUR/USD. This is the most traded pair in the market that also favors beginners due to their low spreads. EUR/USD spread starts from 0.1 pips.
GBP/USD. This pair offers spreads that shift from time to time and are about 0.3 to 2.7 pips, plus commissions.
USD/JPY. The USD/JPY is second after EUR/USD when offering the tightest spreads. This currency pair offers a variable spread of 0.2 to 2 pips which can yield good profits to the traders.

Should I use a zero spread account?

Zero spread accounts are indeed profitable because they offer faster trade execution and lower trading costs. However, they may not be suitable for everyone. You should first compare the pros and cons before using a zero spread account.

Faster execution. Zero spread accounts offer faster execution because you do not need to add spreads to the market price. High-frequency traders and scalpers are more likely to benefit from this.
Lower trading costs. With zero spread, traders do not need to pay for spreads when opening and closing trades. Lower costs also mean higher profits.
Transparency. Without additional spreads, traders can see the exact market price. This will help them make more informed decisions and avoid risks.

High commissions. Traders have to pay high commissions to compensate for the lack of spreads.
Limited currency pairs. Zero spreads mean limited currency pairs, as some pairs require higher spreads.

Pay attention to all trading conditions and the stability of trade execution

When choosing a zero spread broker, pay attention to other trading conditions, not just the absence of a spread. For example, brokers may periodically change commissions or add additional fees, which affects the overall costs. Also consider the average spread during unstable market periods: even with zero spread brokers, it can increase significantly.

In addition, it is worth paying attention to the stability of trade execution. In conditions of high volatility, some zero spread brokers may encounter slippage - this is an additional unforeseen cost. To minimize risks, it is useful to check the reviews and evaluate the reliability of the broker in real conditions.

Finally, I recommend testing the conditions of the chosen broker on a demo account or with minimal volumes on a real account to understand how much their zero spread model really corresponds to the declared parameters. This will help to avoid hidden costs and optimize costs in the long term.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Conclusion

Choosing a broker with zero spreads can significantly reduce costs and improve trading efficiency, especially for traders who work with large volumes. However, when choosing such a broker, it is important to consider additional fees and conditions that may affect the overall cost of trades. Assessing the broker's regulation and reputation will also help reduce risks associated with the safety of funds. It is wise to test the account conditions on a demo version or with small volumes to ensure the stability of trade execution. A balanced approach to choosing a broker will allow traders to find the optimal balance between minimal costs and the quality of trading services.

FAQs

How to minimize the risk of slippage on a zero spread account?

To reduce the risk of slippage, use fast platforms and choose trading times with high liquidity, such as the opening of the European and American sessions.

How to evaluate the stability of trading conditions on a zero spread account?

Checking the conditions on a demo account or with small volumes helps to see the real picture - possible delays in execution, slippage and the impact of volatility on the final cost of transactions.

Does liquidity affect spreads and commissions?

Yes, high liquidity usually reduces the spread, but on zero spread accounts this advantage can be offset by the commission per transaction.

What are the alternatives for traders who do not want to pay a commission for transactions?

An option may be a standard account with a slightly higher spread, but without a fixed commission. It is suitable for traders with rare transactions and a smaller trading volume, for whom low commissions are not so critical.

Team that worked on the article

Maxim Nechiporenko has been a contributor to Traders Union since 2023. He started his professional career in the media in 2006. He has expertise in finance and investment, and his field of interest covers all aspects of geoeconomics. Maxim provides up-to-date information on trading, cryptocurrencies and other financial instruments. He regularly updates his knowledge to keep abreast of the latest innovations and trends in the market.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

ECN

An ECN, or Electronic Communication Network, is a technology that connects traders directly to market participants, facilitating transparent and direct access to financial markets.

Scalping

Scalping in trading is a strategy where traders aim to make quick, small profits by executing numerous short-term trades within seconds or minutes, capitalizing on minor price fluctuations.

Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Trade Execution

Trade execution is knowing how to place and close trades at the right price. This is the key to turning your trading plans into real action and has a direct impact on your profits.

Volatility

Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.

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