Best Brokers With Fixed Spreads 2025
The spread is the difference between the amount a broker will pay for an asset and the price they will sell it at – the bid and ask price. In essence, the spread allows brokers to charge traders a mark-up to use their platform, and is one of the primary ways they make money from trades – particularly forex brokers.
Trading brokers may offer a floating, or variable spread, which fluctuates according to market circumstances, or a spread that remains fixed no matter what is happening in the wider market.
- With fixed spread accounts, the difference between the bid and ask price will remain the same regardless of market volatility.
- Fixed spread brokers are sometimes favored by day traders since they may lower overall costs and provide more price transparency.
- Beginner traders can benefit from fixed spread accounts as it is easier to calculate costs than variable spreads.
- Some brokers with fixed spreads offer very tight spreads on popular assets like major currency pairs, but traders looking to deal with exotic pairs and niche assets may want to opt for a floating spread.
Best Brokers With Fixed Spreads 2025
Following our in-depth tests, these are the 6 brokers with the tightest fixed spread accounts 2025:
What Makes These Brokers The Best For Fixed Spread Trading?
Here’s why these fixed spread brokers stood out in our latest tests:
- eToro USA is the best fixed spread broker for in 2025 - eToro USA offered fixed spreads on select indices in our evaluation, such as 0.75 points on the S&P 500 and 1.5 points on the NASDAQ 100, between 8:00 AM and 4:30 PM (ET), with no commission. Execution speed was consistently fast, averaging under one second.
- AZAforex - During our recent tests, AZAforex’s fixed-spread option delivered consistent EUR/USD costs: 1.1 pips on their Start account, tightening to 0.5 pips (Pro), and an ultra-tight 0.00001 pips on VIP, with no commission across all tiers. This predictability impressed through during periods of volatility.
- World Forex - During our tests, World Forex's fixed-spread accounts - W-CENT-fix, W-PROFI-fix, and W-DIGITAL - offered consistent EUR/USD spreads from 1.8 pips, with no commission. This stability proved beneficial during volatile market conditions.
- FreshForex - FreshForex, operated by Riston Capital Ltd, was established in 2004 and provides forex and CFD trading access to clients in over 200 countries. The company positions itself as a convenient option for new traders, with low starting deposits and a focus on affordability and frequent bonus promotions.
- Trade Nation - During our tests on the TN Trader platform, EUR/USD fixed spreads held steady at 0.6 pips (1 pip round-trip), no commission - far more predictable than variable spreads. Execution was snappy, transparency was excellent, and spreads stayed firm, except during a 1-hour daily rollover, which widened to approximately 1.4 pips. Ideal for volatility-resilient trading.
- IronFX - When we examined Iron FX’s Fixed Spread accounts, EUR/USD landed at 2.2 pips on the Micro/Standard tier (from $100), tightening to 1.8 pips (Premium) and 1.6 pips (VIP), with no commissions. A fixed-zero option offered 0 pips but charged a $18/lot commission - predictable yet pricey, ideal mainly for hedging volatility.
Top Fixed Spread Brokers Comparison
Compare the fixed spread ratings and other costs at our top brokers:
| Broker | Fixed Spreads | Fixed Spread Rating | Inactivity Fee |
|---|---|---|---|
| eToro USA | ✔ | / 5 | $10 |
| AZAforex | ✔ | / 5 | $0 |
| World Forex | ✔ | / 5 | - |
| FreshForex | ✔ | - | $0 |
| Trade Nation | ✔ | / 5 | $0 |
| IronFX | ✔ | / 5 | 3% |
How Safe Are These Fixed Spread Trading Brokers?
See how the top fixed spread trading platforms protect client funds and ensure secure trading conditions:
| Broker | Trust Rating | Guaranteed Stop Loss | Negative Balance Protection | Segregated Accounts |
|---|---|---|---|---|
| eToro USA | ✘ | ✘ | ✔ | |
| AZAforex | ✘ | ✔ | ✘ | |
| World Forex | ✘ | ✘ | ✘ | |
| FreshForex | ✘ | ✘ | ✔ | |
| Trade Nation | ✘ | ✔ | ✔ | |
| IronFX | ✘ | ✔ | ✔ |
Detailed Ratings Of Top Fixed Spread Brokers
See how the best brokers with fixed spreads scored across all categories in our expert-led evaluations:
| Broker | Trust | Platforms | Assets | Mobile | Fees | Accounts | Research | Education | Support |
|---|---|---|---|---|---|---|---|---|---|
| eToro USA | |||||||||
| AZAforex | |||||||||
| World Forex | |||||||||
| FreshForex | |||||||||
| Trade Nation | |||||||||
| IronFX |
Why Choose Fixed Spread Trading With eToro USA?
"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
eToro USA Quick Facts
| Bonus Offer | Invest $100 and get $10 |
|---|---|
| Demo Account | Yes |
| Instruments | Stocks, Options, ETFs, Crypto |
| Regulator | SEC, FINRA |
| Platforms | eToro Trading Platform & CopyTrader |
| Minimum Deposit | $100 |
| Minimum Trade | $10 |
| Account Currencies | USD |
Pros
- Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
- The online broker offers an intuitive social investment network with straightforward copy trading on cryptos
- eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
Cons
- The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools
- Average fees may cut into the profit margins of day traders
- There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos
Why Choose Fixed Spread Trading With AZAforex?
"AZAforex is best suited to active traders looking to make all-or-nothing bets on global markets through binary options and those looking for high leverage up to 1:1000 in return for weak regulatory safeguards."
Christian Harris, Reviewer
AZAforex Quick Facts
| Bonus Offer | 25% Crypto Deposit Bonus, 120% Loyalty Bonus, 30% Spread Rebate |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options |
| Regulator | GLOFSA |
| Platforms | Mobius Trader 7 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.0001 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, MYR, IDR, CHF, RUB, THB, VND, UAH, CNY |
Pros
- AZAforex provides high leverage of up to 1:1000, allowing for potentially greater returns with smaller capital. While this comes with increased risk, it's an attractive feature if you are an experienced trader looking for aggressive growth strategies.
- Few brokers offer binary options as part of their portfolio. Still, AZAforex includes them, allowing you to speculate on short-term price movements with fixed risk and reward up to 90%.
- AZAforex supports a huge and growing variety of payment methods, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies, providing flexibility for funding and withdrawals. This variety accommodates traders from different regions and preferences.
Cons
- AZAforex still operates without regulation from a recognized financial authority, which raises concerns about transparency, fund safety, and accountability. You may have no recourse in disputes, making it riskier than regulated brokers.
- AZAforex offers basic trading guides and a blog but lacks robust educational tools such as video tutorials, webinars, or interactive learning resources. This makes it less appealing for beginners who need comprehensive learning support. A lot of the content is outdated, too.
- While functional during testing, the Mobius Trader 7 platform is proprietary and not widely used by other brokers. This creates risks of potential price manipulation or discrepancies in market data, as there's no external verification like with MetaTrader or cTrader.
Why Choose Fixed Spread Trading With World Forex?
"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders."
World Forex Quick Facts
| Bonus Offer | 100% Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Regulator | SVGFSA |
| Platforms | MT4, MT5 |
| Minimum Deposit | $1 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, RUB |
Pros
- Demo account
- Educational content
- 10+ accepted payment methods
Cons
- No negative balance protection
- Withdrawal fees apply
- Weak regulation
Why Choose Fixed Spread Trading With FreshForex?
"FreshForex is an obvious fit for experienced day traders looking for very high leverage of 1:1000+, especially paired with the ECN account where spreads start from 0.0 and commissions at $1.90. "
FreshForex Quick Facts
| Bonus Offer | $50 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
| Regulator | SVGFSA |
| Platforms | MT4, MT5 |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR, ZAR, MYR, NGN |
Pros
- FreshForex has invested in its research tools to inform clients' trading decisions, with forex calculators, market forecasts and analytics, plus a VPS for serious day traders looking to run hands-off strategies.
- FreshForex’s accessible minimum deposit, starting from just $10, lowers the barrier to entry for new traders and those with smaller budgets. This affordability, combined with demo accounts, encourages learning without significant financial risk.
- Active traders benefit from access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which offer advanced charting capabilities, technical indicators, and algorithmic trading features.
Cons
- FreshForex's customer support performed below-average during testing, with particularly hard to reach agents on live chat during market hours, posing challenges for day traders needing urgent support.
- While ECN accounts offer competitive, tight spreads, the spreads on Classic and Market Pro accounts tend to be higher than those provided by the cheapest brokers we've used, increasing costs for high-frequency traders or scalpers.
- FreshForex relies solely on the MT4 and MT5 platforms and does not offer proprietary trading software or support for popular alternatives, such as cTrader and TradingView, that we're increasingly seeing other brokers integrate. This limits options for day traders who prefer more modern, user-friendly interfaces or enhanced charting and social trading features.
Why Choose Fixed Spread Trading With Trade Nation?
"Trade Nation is a good choice for newer traders looking for a wide range of financial markets on a user-friendly platform. There is no minimum deposit, free funding options and strong education."
Trade Nation Quick Facts
| Bonus Offer | 200 Sign-Up Reward Points |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) |
| Regulator | FCA, ASIC, FSCA, SCB, FSA |
| Platforms | MT4 |
| Minimum Deposit | $0 |
| Minimum Trade | 0.1 Lots |
| Leverage | 1:500 (entity dependent) |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK |
Pros
- There is a low minimum deposit for beginners
- Full range of investments via leveraged CFDs for long and short opportunities
- Multiple account currencies are accepted for global traders
Cons
- Fewer legal protections with offshore entity
Why Choose Fixed Spread Trading With IronFX?
"IronFX remains a good choice for experienced forex traders looking to trade with fixed or floating spreads. The range of 80+ currencies is more than many competitors and there are some excellent forex market research tools on offer."
IronFX Quick Facts
| Bonus Offer | Traders can choose between: 100% unlimited Sharing Bonus – minimum $200 deposit. 40% Power Bonus up to $4,000 – minimum $500 deposit. 20% Iron Bonus up to $2,000 – minimum $100 deposit. |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) |
| Regulator | CySEC, FCA, FSCA, BMA / Bermuda |
| Platforms | MT4, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) |
| Account Currencies | USD, EUR, GBP, AUD, JPY, PLN, CZK |
Pros
- Fixed and floating spread accounts are available, making IronFX a good choice for both beginners and experienced traders
- The IronFX Academy delivers some excellent educational tools for beginners through to advanced traders
- Alongside MT4, the broker continues to offer several additional services, including copy trading, a VPS solution, and PAMM/MAM accounts
Cons
- It’s a shame that the broker doesn’t offer any additional software such as MT5 or TradingView to give experienced traders more choice
- Commissions start from $13.50 per lot in the zero-spread accounts, nearly double the industry average
- Compared to the leading brokers, IronFX offers a relatively small selection of share CFDs
How Did DayTrading.com Choose The Top Fixed Spread Brokers?
We shortlisted brokers we trust based on their industry standing and regulatory oversight, and specifically evaluated their fixed spread offerings.
Our experienced trading team opened accounts to document fixed spreads on popular assets like EUR/USD and major indices.
Each broker was individually rated and ranked based on spread consistency, cost-efficiency, and transparency, including during volatile market conditions.
The result, a definitive list of the brokers with the best fixed spreads.
How To Choose A Fixed Spread Broker
Choosing the right fixed spread broker involves more than just comparing pip values. Based on our testing, here are the most important factors to consider:
- Spread Competitiveness: Look for brokers offering tight, consistent fixed spreads, especially on major forex pairs like EUR/USD. Top picks from our tests: Trade Nation – 0.6 pips fixed on EUR/USD or AvaTrade – 0.9 pips fixed on EUR/USD.
- Commission-Free Trading: Some brokers offer tight fixed spreads with no additional commissions, which simplifies cost calculations. Top picks from our tests: easyMarkets – fixed spreads from 0.8 pips on VIP accounts, zero commission or FxPro (MT4 Fixed) – 1.6 pips on EUR/USD, no commission.
- Execution Speed & Reliability: Brokers with fast and reliable order execution matter – especially for day traders. Top picks from our tests: City Index and IG – sub-1 second execution speeds, even under stress.
- Platform Choice: Confirm whether the broker supports MT4, MT5, or a proprietary platform that suits your strategy. Top picks from our tests: IronFX and InstaForex are excellent for MT4 fixed spread trading.
- Asset Coverage: Ensure your preferred broker offers fixed spreads on the instruments you plan to trade, especially if you’re focused on forex. Many brokers (e.g. Pepperstone, IG, eToro) only offer fixed spreads on indices – not FX.
- Regulation & Safety: Prioritize regulated fixed spread brokers for better fund protection and legal recourse. Firms like AZAforex and World Forex are unregulated despite competitive pricing.
- Demo Accounts & Tools: A free demo trading account lets you test spread behavior in real market conditions. Some fixed brokers also offer tools like guaranteed stop-losses or deal cancellation (e.g. easyMarkets) to protect during high-impact events.
- Other Fees & Charges: Watch for hidden costs: inactivity fees, withdrawal charges, or deposit minimums. Examples: IronFX – fixed-zero account has 0 pip spreads but charges $18/lot. World Forex – offers fixed spreads but charges for withdrawals.
How Spreads Work
With a spread, brokers provider traders an asset at a higher price than they buy it for, profiting from the resulting mark-up.
Brokerages may advertise themselves as ‘commission free’, in which case the chances are they make their cut of each trade through a spread.
In some cases, brokers charge both a commission and a spread, while some brokers offer a zero- or near-zero spread and make their money through commissions, as well as any other fees charged by a platform.
In general, traders looking to minimize their expenses will look for trustworthy brokers with the lowest possible commission and the tightest spreads.
The spread is a particularly central feature in forex trading. It is calculated by “Percentage in Point”, or “pips”, the lowest value that an exchange rate moves in a forex market.
In most cases, the pip is the 4th decimal place – 0.0001 – though in the case of some currency pairs, such as those involving the Japanese Yen (JPY), it is calculated at the 2nd decimal place – 0.01.
So, if the GBP/USD pair has a bid price of 1.1935 and an ask price of 1.1934, then that currency pair has a spread of 1 pip.
Fixed Spread Vs Variable Spread
A fixed spread is exactly as it sounds – the difference between bid and ask prices will stay the same regardless of market conditions.
Variable or floating spreads, on the other hand, fluctuate with the market, widening during periods of higher volatility and tightening when volatility is low.
For example, you might find some accounts offering a 2-pip spread for the GBP/USD pair, and others offering a variable spread that ranges between 1 and 3 pips.
However, during times of heightened volatility – for example, during a rush to trade after a central bank raises interest rates – the variable spread could grow much wider.
Pros Of Fixed Spread Accounts
- Predictable Costs: In our experience, fixed spreads provide clear transparency – you always know what the cost will be before placing a trade.
- Stable During Volatility: In our tests, brokers like AvaTrade and TradeNation maintained consistent spreads even during news events, protecting against sudden spikes that would widen variable spreads.
- Beginner-Friendly: Fixed spreads simplify cost calculations. Our testing showed this can reduce confusion for novice traders and help them focus on trade execution and strategy.
- Useful for News or Swing Trading: We’ve found fixed spreads particularly beneficial for those trading around scheduled economic events, where predictability outweighs spread minimization.
Cons Of Fixed Spread Accounts
- Higher Than Variable Spreads in Calm Markets: In low-volatility periods, variable spread accounts we tested (e.g. Pepperstone Raw) often had tighter spreads than fixed accounts, potentially leading to lower trading costs overall.
- Less Flexibility with Exotic Forex Pairs: In our tests, most fixed spread brokers didn’t offer competitive pricing – or any access – on exotic forex pairs like GBP/TRY. These are better suited to variable accounts.
- Wider Baseline Spreads: Brokers like OnFin and FxPro offered relatively high fixed spreads (e.g. 3.0 and 1.6 pips on EUR/USD), which may erode profitability for day traders using strategies like scalping or high-frequency trading.
- Limited Availability: Some top brokers we evaluated, such as Pepperstone and IG, only offered fixed spreads on indices – not forex – reducing fixed spread options for FX-focused traders.
Bottom Line
Active traders who want to gain an edge in their frequent, fast-paced trades may turn to fixed spread brokers, which remove the added expense posed by variable spreads during times of volatility.
New traders may also want to consider brokers with a fixed spread while they polish their game, as it is easier to focus on making profitable trades.
Some brokers offer very tight fixed spreads on the most popular, least volatile assets and currency pairs, but traders should remember that there are many factors to take into account when choosing your broker, and not just the spread.
Use our list of the top brokers with fixed spreads to start trading today.