When you’re choosing a Forex broker, it’s very important to consider how tight its spreads are. A good broker should have rather tight spreads: this way, you can turn out more profitable. However, the best brokers offer special raw spread accounts that have extremely low spreads: starting from 0.1 pips for the USD/EUR pair. Such accounts are perfect for scalpers, but they are useful for any traders. In this article we give you the top 5 trusted Forex brokers with zero spread accounts.
IC Markets
Founded in 2007, IC Markets is a reputable Australian broker that offers a wide variety of assets: you can trade 60 currency pairs, futures, and a variety of CFDs here. It’s favored by many traders for very attractive trading conditions and high speed of order execution. The spreads start from 0.1 pips when you’re using a raw account, and the fee is $3.5 per lot. The minimum deposit is $200.
Exness
Exness is an old and well-regulated Forex broker that’s well-liked by many novice traders for a couple of truly unique features. First of all, it has infinite leverage for accounts with less than $1,000. That is a great opportunity to earn with small deposits. Second, it features more than 120 currency pairs for you to choose from. Finally, the spreads are very low: starting from 0.1 pips for the GBP/USD pair.
Pepperstone
Pepperstone is one of the most popular zero spread Forex brokers. It’s known as a well-regulated and technologically advanced company with favorable trading conditions and quick order execution. It also has pretty tight spreads for major currency pairs: for example, the spreads for the AUD/USD pair start from 0.17 pips on average. The broker also features many educational materials for you to learn.
Tickmill
Tickmill is especially popular among scalpers and passive traders for its tight spreads. The spread for the EUR/USD pair starts from 0.1 pips on raw accounts, and the fee is just $2 per lot, so you can use the broker to make significant profits without paying too much in commissions. Tickmill has 62 pairs to choose from, and its allowed leverage goes all the way up to 1:500.
RoboForex
One of the leading Forex brokers, RoboForex offers ECN accounts with zero spreads and maximum liquidity. You can start trading with just $10, and the maximum leverage is 1:2000. And if you’re just a beginner, make sure to check out a free video course on Forex trading offered by the broker.
