LOW SPREAD BROKERS

What is spread?

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
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
12.30 ios	bbbbbbbb		aaaaaaaaaaaaa	111	bbbbbbbbbbb
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.