Comparing top no-spread forex brokers with the lowest commission is ideal when trading. The majority of FX brokers promote low-cost start-ups to get more traders on their platform. Zero-spread accounts are marketing gimmicks that FX companies use to trick beginners like you. Choose the best no-spread brokers that have no hidden charges.
Avoid spending more money by reading the terms of zero-spread trading accounts offered by different brokers that you encounter. Make a brief research and read the reviews before deciding on a specific broker. Read on to compare the top no-spread forex brokers with the lowest commission.
IG Forex Brokers
Trade with IG Forex Brokers for a low spread and commission on accounts. Established in 1974, IG is among one of the reliable platforms with competitive forex broker fees for all account types. Start trading with a minimum deposit of $0 on bank transfers and $50 for cards with 0% fees on your account.
IG is known for low trading costs and is ideal for all kinds of investors like you. You will not get charged with any commission, so you are encouraged to pay the spread when trading. Expect a minimum spread on EUR/USD at around 0.6 pips with an average of 1.2 pips. This is among the lowest spreads that most FX brokers offer. Of course, IG Forex Brokers offers zero-spread and low-commission accounts for traders.
Eightcap
Eightcap is a recommended no-spread FX broker with low commission. Eightcap offers a low commission of AU $3.50 with different AI services. In addition to the low cost, this FX broker requires a minimum deposit of $100. As one of the forex brokers with a low spread on EUR/USD, you can start trading high volumes at a competitive 1.0 pips cost.
If you are a broker looking for a good Trustpilot score with advanced AI and software automation tools, then this is the FX broker for you. Eightcap also offers MT4, MT5, and trading view as your platform for trading. Expert advisors are also accessible to users for a convenient automation script to fully maximize trading opportunities. Of course, Eithcap is a no-spread forex broker with an automated trading platform.
Plus500
Plus500 is among the top low-commission CFD brokers with lowest spreads in the industry. Prevent deposit and withdrawal charges by signing into the Plus500. You can start trading with no routing and platform fees. Trade with Micro AUD/USD and GBP/USD to Mexican Peso and Euro, you can get a leverage that depends on the margin.
Be cautious with your investments, choose between the 50 future contracts offered by the brokerage. If you are an active future trader, you can also trade different popular equity indices like crypto, metals, E-mini S&P, and more. Certainly, choose Plus500 for a regulated broker in the UK with a low commission cost.
Vantage Markets
Vantage Markets is one of the top no-spread forex ECN brokers with low commission. Vantage Markets offers a RAW ECN account for high-volume traders like you. RAW ECN account gives you an optimal trading experience with zero spreads. With a robust platform and competitive commission structure, you can trade on financial markets with better confidence.
Open accounts with different features from standard STP with a minimum deposit of $50 and an average spread of 1 pip to PRO ECN with a minimum deposit of $1000 and 0 average spread. Maximize your trading potential with a leverage of up to 1:500 depending on the margin requirements that varies on the market conditions and different risk management rules. Indeed, Vantage Markets is a trusted forex broker with $1 minimum deposit and higher leverage.
AvaTrade
Choose Avatrade as a trusted FX broker for low spreads crypto pairs and competitive commissions. Founded in 2006, Avatrade is one of the most famous multi-regulated brokers. With licenses from global financial authorities, AvaTrade offers comprehensive funds protection security. Particularly, this international offshore broker is licensed by the Central Bank of Ireland, the Australian Securities and Investment Commission, and the Financial Services Commission of Japan. For Australians, this regulated forex broker in Australia supports the most competitive spreads – starting from 0.9 pips for major currency pairs.
According to AvaTrade and Exness comparison, you can choose between fixed and variable spreads to accommodate your unique style. If you open a professional account, you’ll need to pay variable spreads starting from 0.0 pips – periodically increasing as you trade higher volumes. In addition to that, you can trade with leverage up to 1:400 and negative balance protection. Certainly, go for Avatrade when looking for low-commission and no-spread forex brokers.
Compare top no-spread forex brokers with the lowest commission when you decide to start trading. Trade with IG Forex Brokers for a brokerage with a known reputation and low spread. Eightcap is a reputable brokerage platform offering low spreads for forex pairs like EUR/USD, GBP/USD, and AUD/USD.
Next, Plus500 is best for future traders looking to manage multiple equity indices. Vantage Markets is also a zero-spread FX broker which is popular for its RAW ECN account for high-volume traders. Lastly, trade with Avatrade for a secure and legal forex trading platform. Read the points above to learn more about comparing top no-spread forex brokers with the lowest commissions.
