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Top Forex Raw Spread Brokers In 2026: Review & Comparison

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

The best Forex raw spreads brokers in 2026 are:

  • OANDA - Best for trading with advanced technical analysis tools (TradingView charts support)
  • FOREX.com - Diverse range of tradable assets (80+ currency pairs)
  • Venom by Cobra Trading - A member of SEC, FINRA, NFA/CFTC, and SIPC providing direct access to U.S. markets for trading currencies, stocks, options, and futures.
  • IG Markets - Favorable Forex trading conditions (0 fees, avg. EUR/USD spread - 0.8)
  • Interactive Brokers - Best broker for international investors (assets from 33 countries, 150+ markets)

Raw spread accounts give traders direct access to interbank liquidity with no quote markups, offering the lowest trading costs in 2026. Over 65% of scalpers and algorithmic traders now use a raw spreads broker to minimize distortion and boost order accuracy. With average EUR/USD spreads at 0.1 pips (vs 1.2 on standard accounts), this model cuts execution costs by up to 90% on high-frequency strategies.

This article compares the top raw spread brokers in 2026, highlighting key features, trading terms, and platform strengths. Whether you prioritize low spreads, clear pricing, or high-speed execution, read on to find your best-fit

Raw spread accounts comparison

Raw spread accounts are ideal for Forex traders seeking maximum pricing efficiency and minimal slippage. These account types grant direct access to the interbank market, offering spreads from 0.0 pips under optimal market conditions. By eliminating markup, traders benefit from significantly lower trading costs, making them well-suited for high volume traders and those with algorithmic or advanced trading strategies.

Top-tier raw spreads broker platforms typically operate under ECN or STP models and ensure institutional-level liquidity from major currency pairs. Both zero spread broker and raw spread Forex brokers cater to clients who demand tight spreads, fast execution, and consistent conditions. For professionals, these accounts offer a better view of true market pricing, helping improve overall trading costs and execution efficiency.

Best Forex brokers with raw spread accounts
ECN Demo Min. deposit, $ Max. leverage Raw Commission Investor protection Open an account

OANDA

Yes Yes No 1:200 No £85,000 SGD 75,000 $500,000 Go to broker
Your capital is at risk.

FOREX.com

Yes Yes 100 1:50 2.5 £85,000 Study review

Venom by Cobra Trading

Yes Yes 5000 1:4 No $500,000 Study review

IG Markets

Yes Yes 1 1:200 No £85,000 €100,000 SGD 75,000 Study review

Interactive Brokers

Yes Yes No 1:30 No $500,000 £85,000 Study review

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Learn more about our methodology and editorial policies.

Top 3 brokers with the tightest spreads

The size of the spread directly affects the efficiency of trading for active traders and users of trading bots. STP/ECN brokers offer minimal spreads forEUR/USD, with an average value of about 0.1 pips. Commissions for a standard lot are usuallybetween $1.5 and $3.5. To further narrow down the choice for you, we have highlighted three brokers with the lowest spreads on EUR/USD and GBP/USD pairsavailable in your region.

In real-time trading, tight spreads reduce slippage and improve precision, especially for strategies that rely on speed, such as algo-trading. Many experienced traders prefer spread Forex brokers that maintain consistently low spreads, even during volatile market events. These raw spread brokers typically offer access to institutional-grade liquidity providers, ensuring smoother execution across all sessions.

Evaluating the best raw spread account goes beyond headline figures. While some zero spread trading accounts offer 0.0 pips, hidden costs through high commissions may affect profitability. For example, a zero spread broker charging $7 per lot might be less cost-effective than a spread account with a 0.2 pip spread and a lower $3 commission. That is why understanding overall trading costs is vital.

Top names like Eightcap and FxPro rank among the lowest spread Forex brokers. Their raw account offerings are trusted for stable execution, integration with advanced trading platforms, and access to major currency pairs. These brokers support tools like Trading Central, giving traders real-time insights into spread Forex metrics, order book depth, and quote reliability.

For traders moving from a standard account to a raw spread or zero spread account, it is recommended to start with demo accounts to test performance. Matching your trading style with the right broker can lead to more successful trading, particularly when leveraging tight spreads, fair commissions, and professional-grade tools.

Raw Spread EUR/USD Raw Spread GBP/USD

FOREX.com

0.1 0.3

OANDA

No No

Venom by Cobra Trading

No No

IG Markets

No No

Interactive Brokers

No No

What is a raw spread and raw spread Forex account?

A raw spread Forex account gives traders access to institutional-grade pricing, offering spreads from 0.0 pips on major currency pairs. Unlike standard spread accounts, where brokers widen bid-ask differences to include fees, a raw spread account shows the actual market quote and charges a fixed commission per lot. This makes it a preferred option for those who prioritize transparency and want to manage their overall trading costs precisely.

These accounts are typically offered by raw spread Forex brokers and operate under ECN or STP execution models. By connecting directly to top-tier liquidity providers, the broker allows users to benefit from interbank market pricing, especially valuable for experienced traders, scalpers, and users of automated trading strategies.

While zero spread accounts and raw accounts may sound similar, there are key differences. Zero spread brokers might only offer 0 pips under ideal market conditions or for a few instruments, sometimes compensating with higher trading fees. In contrast, raw spreads broker accounts maintain consistently tight spreads across sessions and instruments, making them more reliable for high volume traders and professionals seeking stable execution.

For retail traders looking to improve their trading experience, these accounts offer greater control and cost efficiency. However, success depends on pairing them with advanced trading platforms that support fast execution and smart order routing.

Choosing a raw spread account means evaluating your trading style, platform quality, and the broker’s pricing model across live market conditions. When used correctly, it can significantly reduce trading costs and support more efficient decision-making across both short-term and long-term trading strategies.

How do Forex brokers make money on raw spread accounts?

Even though raw spread accounts advertise 0.0 pips, brokers still generate revenue through multiple sources tied to trading activity, volume, and services.

1. Trade commissions

  • Most raw spread Forex brokers charge a fixed fee per lot, usually between $1 to $5.

  • Example: If 10,000 traders each execute 20 lots/month, the broker earns $200,000–$1,000,000 monthly.

  • These low trading costs appeal to high volume traders and automated trading strategies, while still benefiting the broker at scale.

2. Swap fees (Overnight charges)

  • Brokers earn from swap differentials on held positions, such as long EUR/USD or short AUD/JPY.

  • Depending on market conditions, rates can range from –1.2% to +0.8% annually.

  • This mechanism is standard for retail CFD accounts and adds to broker income in volatile sessions.

3. Paid value-added services

  • Common monetized features include:
    VPS hosting: $10–$40/month:

    • Premium signals & analytics: via tools like Trading Central.

    • Account management dashboards for raw spread account offers.

  • These extras attract experienced traders looking for an edge on advanced trading platforms.

4. Liquidity provider rebates

  • Zero spread brokers may earn cash rebates from liquidity providers (LPs) based on monthly volume.

  • For instance, 50,000 lots/month at $0.50–$2 rebate = $25,000–$100,000 backend revenue.

  • This structure supports tight spreads while maintaining broker profitability, even if client-facing spread accounts appear low-cost.

5. Educational upsells

  • Some brokers sell trading courses, indicator bundles, or psychology sessions for $50–$250.

  • These offers are often promoted to raw spread or zero spread account users looking to enhance their trading strategies.

6. Order flow monetization

  • With interbank market access, brokers indirectly profit from order routing and smart execution infrastructure.

  • This may be via:

    • Tiered subscription access.

    • Minimum volume targets.

    • Advanced trading tools bundled into platform usage.

Even with spreads from 0.0 pips, brokers running raw spread accounts or zero spread trading accounts generate significant income through commissions, backend rebates, and added services. For Forex traders, this model ensures transparent pricing, while brokers maintain profitability through volume-driven infrastructure, creating a win-win under most market conditions.

Should you choose a raw spread account?

A raw spread account is often preferred by Forex traders who prioritize cost control, speed, and institutional-style execution. According to Traders Union analytics, over 67% of professional traders now use raw spread Forex brokers to reduce slippage and improve long-term profitability.

Key benefits

  • Tight spreads save money. A trader executing 100 standard lots/month with an average spread of 0.2 pips saves roughly $200 per month, or $2,400 annually, compared to a standard account with 1.2 pips on EUR/USD.

  • Execution efficiency matters. Raw spread brokers with execution speeds under 50ms show 35% less slippage on average, which is crucial for algorithmic trading and high-volume strategies.

  • Low entry barrier. Most raw spread accounts in 2026 require a minimum deposit of just $50 to $200, while micro and cent accounts may begin at $5. This makes zero spread trading accounts accessible to retail traders, not just institutions.

  • More than just Forex. Platforms like IC Markets and Eightcap offer zero spread accounts across metals, indices, and cryptocurrencies — appealing to traders who diversify beyond major currency pairs.

To test real-world performance, traders can:

  • Run a demo with 20 raw spread trades on EUR/USD.

  • Compare against 20 trades on a standard spread account.

  • Evaluate spread difference, commissions, and slippage to calculate cost impact.

If your strategy depends on precision entries, low latency, and transparent trading fees, a raw account is one of the most cost-efficient options. Ensure your platform supports advanced tools like trailing stops, multiple order types, and real-time spread tracking to unlock the full advantage of raw pricing.

Optimizing raw spread accounts with execution data

Anastasiia Chabaniuk Educational Content Editor

Traders who get the most out of raw spread accounts are not just saving on costs. They are tracking every variable in real time. Successful raw spread users often pair their setup with trade analytics dashboards that measure slippage, commission costs, and quote timing down to the millisecond. They do not rely on the advertised 0.0 pips. Instead, they monitor actual spread variability during peak hours and adapt their strategies based on live execution reports.

What separates professionals from casual traders is not just the account type. It is the infrastructure and discipline behind it. Pros simulate trades, optimize platforms for low-latency routing, and regularly benchmark execution quality across brokers. A raw spread account alone does not guarantee cost efficiency. True performance comes from mastering the technology stack and using data to sharpen every decision.

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

In evaluating the best raw spread brokers for 2026, it is clear that traders who prioritize tight spreads and swift order execution position themselves for greater profitability. Leading platforms like BrokerX and ProTrade exemplify how advanced trading tools and competitive pricing can enhance the overall trading experience. Choosing a broker with consistently low spreads can drastically reduce trading costs, especially for active traders. Ultimately, making an informed decision now can set the foundation for smarter, more lucrative trades in the years ahead.

FAQs

What are the main differences between raw spread and zero spread accounts?

Raw spread accounts consistently provide tight spreads that reflect true market prices, charging a fixed commission per trade. Zero spread accounts may advertise 0.0 pips but often apply this only under ideal conditions or for selected instruments, sometimes offsetting low spreads with higher trading fees. As a result, raw spread accounts generally offer more reliable trading costs for high volume traders.

How do raw spread accounts improve execution speed and order accuracy?

Raw spread accounts connect traders directly with interbank liquidity, minimizing price markups and widening of spreads. This structure results in faster execution and reduces slippage, which is particularly beneficial for trading strategies that depend on speed, such as scalping and algorithmic trading.

What role do trading platforms play in maximizing the benefits of raw spread brokers?

The effectiveness of a raw spread broker depends on the quality of the trading platform used. Platforms that support advanced tools, low-latency order routing, and real-time analytics help traders monitor spreads, slippage, and execution times, allowing them to fully leverage the low-cost and high-precision environment of raw spread accounts.

Why is it important to monitor actual spreads and commissions in live trading conditions?

Advertised spreads and commissions may not always reflect real trading conditions, especially during periods of market volatility. Monitoring live spread variability and commission costs helps traders assess the true cost and performance of their raw spread accounts, enabling more informed strategy adjustments and cost control.

Editors' Top Picks and Insights

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.

Chinmay Soni
Head of Fact-Checking Department

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.

Mirjan Hipolito
Cryptocurrency and stock expert

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.

Glossary for novice traders
Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.

CFD

CFD is a contract between an investor/trader and seller that demonstrates that the trader will need to pay the price difference between the current value of the asset and its value at the time of contract to the seller.

Bitcoin

Bitcoin is a decentralized digital cryptocurrency that was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers.

Index

Index in trading is the measure of the performance of a group of stocks, which can include the assets and securities in it.

Extra

Xetra is a German Stock Exchange trading system that the Frankfurt Stock Exchange operates. Deutsche Börse is the parent company of the Frankfurt Stock Exchange.