Best Brokers With Low Spreads 2026

If you’re a day trader, every fraction of a pip counts. That’s why brokers with low spreads can be a game-changer, helping you pocket more of what you earn and keeping you competitive in fast-moving markets.

Let’s dig into our lowest spread brokers, tested and rated by industry experts and active traders.

Best Low Spread Brokers

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We've been recording and analyzing spreads for 7+ years, and these 6 brokers offer the tightest spreads:

Tested with a live trading account Accepts traders from Switzerland Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Switzerland
   1

   Fusion Markets

   4.6/ 5

   Visit Fusion Markets Read review
   • Demo account
   • Regulator: ASIC, CySEC, VFSC, FSA
   • Platforms: MT4, MT5, cTrader, TradingView, DupliTrade
2. 2

   Eightcap

   4.6/ 5

   Visit Eightcap Read review
   • Demo account
   • Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
   • Platforms: MT4, MT5, TradingView, TradeLocker
   71.28% of retail traders lose money when trading CFDs
3. 3

   FP Markets

   4.2/ 5

   Visit FP Markets Read review
   • Demo account
   • Regulator: ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya
   • Min. deposit: $0
4. 4

   Tickmill

   4.0/ 5

   Visit Tickmill Read review
   • Demo account
   • Regulator: FCA, CySEC, FSA, DFSA, FSCA
   • Platforms: Tickmill Webtrader, MT4, MT5, TradingView
5. 5

   JustMarkets

   3.9/ 5

   Visit JustMarkets Read review
   • Demo account
   • Regulator: CySEC, FSA, FSCA, FSC, BVIFSC
   • Platforms: MT4, MT5
6. 6

   PU Prime

   4.5/ 5

   Visit PU Prime Read review
   • Demo account
   • Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
   • Min. deposit: $20

Learn how we test brokers and why you can trust our ratings.

Here is a short summary of why we think each broker belongs in this top list:

1. Fusion Markets 4.6/5 In our hands-on tests, Fusion Markets offered standout ECN execution with sub-35ms trade speeds and near-zero slippage, even during volatile periods. The Zero account featured ultra-tight spreads from 0.0 pips and just $4.50 commission per lot - one of the lowest we’ve seen among ECN providers. Liquidity remained deep across all major currency pairs.
2. Eightcap 4.6/5 In our latest tests, Eightcap’s ECN setup delivered solid execution speeds under 45ms, with reliable fills even during volatile market spikes. The Raw account offered spreads from 0.0 pips and $7 per lot commission. Liquidity held up well during peak hours, making it suitable for both scalpers and algorithmic traders.
3. FP Markets 4.2/5 Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist.
4. Tickmill 4.0/5 Tickmill is a global broker authorized by trusted regulators including the CySEC and the FCA. Hundreds of thousands of traders have opened an account with the firm with more than 530 million trades executed. Advanced trading tools, educational content and low fees make this broker stand out from competitors.
5. JustMarkets 3.9/5 JustMarkets is a multi-asset broker with both CySEC-regulated and offshore branches. Offering ultra-low spreads, copy-trading services, 260+ tradeable instruments and MetaTrader support, JustMarkets has a lot to offer both beginner and experienced traders.
6. PU Prime 4.5/5 PU Prime is a forex and CFD broker offering direct market access on forex, commodities, stocks, bonds, indices, and ETFs. With four account types (Cent, Standard, Prime, ECN) and multiple platforms, from MetaTrader to its own PU Prime app, it’s built for active traders at every level.

Fee Comparison At Low Spread Brokers

Fee Comparison At Low Spread Brokers

Broker	EUR/USD Spread	FTSE Spread	Oil Spread	Stock Spread	Crypto Spread
Fusion Markets	0.05	1.0	2.0	0.01	From 0.04%
Eightcap	0.0	1.2	0.03	0.03 (Apple Inc)	$12 (BTC)
FP Markets	0.1	1.64	0.04	Variable	17.3 (Bitcoin)
Tickmill	0.1	0.9	0.04	N/A	Variable
JustMarkets	0 - 1.0	1 - 2.5	2.0	Variable	Floating from zero (Raw ECN)
PU Prime	0.2 pips (ECN)	23 (ECN)	2.2 (ECN)	4.2 (Amazon)	27.5 (BTC)

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
Fusion Markets	3.6 / 5	4.8 / 5	10479	4.8 / 5	4.4 / 5
Eightcap	4.0 / 5	4.0 / 5	3909	4.8 / 5	4.4 / 5
FP Markets	4.0 / 5	4.7 / 5	10388	4.0 / 5	4.0 / 5
Tickmill	5.0 / 5	2.3 / 5	1190	4.9 / 5	3.4 / 5
JustMarkets	-	3.5 / 5	4500	4.0 / 5	4.3 / 5
PU Prime	4.2 / 5	2.7 / 5	1878	4.8 / 5	4.2 / 5

Fusion Markets

4.6/ 5

Visit Fusion Markets Fusion Markets review

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Fusion Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto

Regulator

ASIC, CySEC, VFSC, FSA

Platforms

MT4, MT5, cTrader, TradingView, DupliTrade

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
• Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
• Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.

Cons

• The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
• Traders outside of Australia and Europe must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
• Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.

Visit Fusion Markets Fusion Markets review

Eightcap

4.6/ 5

Visit Eightcap Eightcap review

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Eightcap quick facts

Demo Account

✔Yes

Instruments

CFDs in Forex, Stocks, Indices, Commodities, Crypto

Regulator

FCA, ASIC, CySEC, FSC, SCB, FSA

Platforms

MT4, MT5, TradingView, TradeLocker

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

• With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
• Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.
• Eightcap Challenges, the broker's prop trading firm, is multi-regulated, removing the third-party risks we commonly see with white-label prop firms, and its tailoring its funded accounts to crypto traders with around 150 crypto pairs, plus it's integrated into the TradingView interface.

Cons

• The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
• Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
• In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.

Visit Eightcap Eightcap review

FP Markets

4.2/ 5

Visit FP Markets FP Markets review

FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.

FP Markets quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto

Regulator

ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya

Platforms

Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• FP Markets offers a superb selection of tradable assets, especially since expanding its suite of commodities and supporting over 10,000 stocks.
• FP Markets delivers fast and dependable support, available 24/5 with average response times of less than 1 minute during testing.
• AI-powered sentiment analysis, trading signals and real-time NewsIQ research, integrated with MT4 and MT5, has been added via FP Markets Intelligence.

Cons

• While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.
• FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.
• Although Traders Hub provides rich research, notably the Daily Report, Technical Report, Market Insights, and Fundamental Analysis, it needs to widen its daily content variety and keep its forex news updated to match category leaders like IG.

Visit FP Markets FP Markets review

Tickmill

4.0/ 5

Visit Tickmill Tickmill review

Tickmill is a stellar choice for day traders, especially if you opt for the Raw account which delivers near-zero pip spreads and impressively fast order execution during testing.

Tickmill quick facts

Demo Account

✔Yes

Instruments

Forex, CFDs, stocks, indices, commodities, cryptocurrencies, futures, options, bonds

Regulator

FCA, CySEC, FSA, DFSA, FSCA

Platforms

Tickmill Webtrader, MT4, MT5, TradingView

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, ZAR

Pros

• When using the Raw Spread account, you’ll notice how tight the spreads are - sometimes even zero pips - paired with a transparent per-trade commission. This setup helps keep your overall trading costs low, which is a significant advantage when you’re making frequent trades and want to avoid hidden fees that cut into your profits.
• Based on our actual trading experience, Tickmill consistently processes orders quickly - averaging ~59 milliseconds - with very few instances of slippage or requotes. For a day trader, that means you can trust your entry and exit prices without worrying about delays that might cost you money in fast markets.
• Tickmill’s multiple licenses with authorities like the FCA and CySEC aren’t just paperwork - they translate to real-world benefits. Your money is kept separate in secure accounts, and the broker offers negative balance protection. In practice, this means you won’t be on the hook for more than you deposit, providing peace of mind when markets get volatile.

Cons

• If you’re used to cTrader’s modern layout and sophisticated order types, you’ll miss that here. Tickmill sticks with MetaTrader 4 and 5, as well as TradingView and its own proprietary platform, so there’s no cTrader option. This might slow down traders who rely on cTrader’s workflow or specific tools, such as cTrader Copy.
• Tickmill primarily focuses on forex pairs, select stock CFDs, indices, and a few commodities. If you like switching between many different asset classes, like crypto or a broader range of stocks, you’ll find the choices limited compared to brokers with thousands of instruments.

Visit Tickmill Tickmill review

JustMarkets

3.9/ 5

Visit JustMarkets JustMarkets review

With some of the most affordable pricing in the game and access to the powerful MT4 and MT5 platforms, JustMarkets is a good choice for any investor.

JustMarkets quick facts

Demo Account

✔Yes

Instruments

Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures

Regulator

CySEC, FSA, FSCA, FSC, BVIFSC

Platforms

MT4, MT5

Minimum Deposit

$1

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, ZAR, MYR, IDR, AED, NGN, THB, VND, KWD, CNY

Pros

• Tight spreads from 0 pips
• Low minimum deposit
• MetaTrader 4 integration

Cons

• Limited availability with clients not accepted from the US, UK, Japan, Germany and other countries

Visit JustMarkets JustMarkets review

PU Prime

4.5/ 5

Visit PU Prime PU Prime review

PU Prime is a great fit for experienced, high-volume traders with its ECN account offering tight spreads from 0.0 pips and low commissions from $1/side. The addition of an easy-to-use copy trading app, alongside the stacked Trading Academy with progression levels, also makes PU Prime a strong option for aspiring traders.

PU Prime quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Metals, Crypto, Bonds, ETFs, Pre-IPOs, Synthetic Indices (region-dependent)

Regulator

ASIC, FSCA, FSA, FSC, CMA-UAE

Platforms

PU Prime App, PU Web Trader, PU Social, MT4, MT5, AutoChartist

Minimum Deposit

$20

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD

Pros

• The platform lineup is strong, with the PU Prime Web Trader and app especially smooth to use with a modern design, easy-to-configure order tickets and responsive charts for fast entries and exits.
• There’s a great suite of tools for short-term traders, from practical margin and position sizing calculators to economic calendars and strong technical insights via Autochartist.
• Prime and ECN pricing can be very competitive for active traders, and in our tests spreads tightened notably in liquid sessions to hit ~0.0 pips.

Cons

• The in-house market updates are useful for a quick read, but they’re generally high-level and don’t go deep enough for serious strategy building or advanced analysis.
• Getting through to customer support can be fiddly and slow to reach a human – in our latest checks we had to navigate multiple chatbot menus and questions then enter contact details before getting to an agent.
• While PU Prime holds licenses in Australia (ASIC) and South Africa (FSCA), its offshore entities have been flagged by UK, North American, and European regulators for providing services without local authorization.

Visit PU Prime PU Prime review

Methodology

To rank the brokers with the best spreads, we

What Is A Spread?

A spread is the difference between the bid (selling) price and the ask (buying) price of a financial instrument – essentially, the cost your broker charges for executing a trade. Think of it as a toll booth on your trading highway.

Let’s break it down with an example:

Imagine you’re trading EUR/USD (the Euro against the US Dollar), and your broker quotes:

• Bid price (Sell): 1.1000
• Ask price (Buy): 1.1002

The spread here is 2 pips (1.1002 – 1.1000 = 0.0002).

Here’s how it works in action:

1. You decide to buy one standard lot (100,000 units) of EUR/USD at the ask price of 1.1002.
2. As soon as your trade is executed, if you were to sell it immediately, you’d sell at the bid price of 1.1000.
3. That means you’d start with a -2 pip loss, which is the spread.

To break even on this trade, the price must move in your favor by at least 2 pips. If the price goes beyond that, you’re in profit.

What Influences Spreads?

Not all spreads are created equal, and understanding what makes them widen or shrink can give you an edge in choosing the right broker.

Here are the key factors that come into play:

Broker Markups

Your broker has to make money. That’s where markups come in. Some brokers like IC Markets offer raw spreads (essentially the market spread) and charge a commission, while others roll their fees into wider spreads.

Example: A raw spread on EUR/USD might be 0.2 pips, but a broker could add 1 pip as their markup, making your spread 1.2 pips.

Market Volatility

Spreads tend to widen in fast-moving markets. This is because prices are jumping around, and brokers increase spreads to manage their risk.

Example: During a significant news release like Non-Farm Payrolls, spreads can skyrocket as liquidity providers struggle to quote stable prices.

Asset Liquidity

High-liquidity assets like EUR/USD or major indices like the S&P 500 generally have lower spreads because there’s a lot of buying and selling.

On the other hand, exotic currency pairs or niche stocks often have wider spreads due to lower trading activity.

Example: EUR/USD might have a spread as low as 0.1 pip, while USD/TRY could have a spread of 10+ pips.

Time Of Day

Markets aren’t equally active 24/7. Spreads are usually tight during peak trading hours (like the London-New York overlap) and wider during quieter periods, like the Asian session for non-Asian markets.

Type Of Broker

• Market Maker: These brokers set their own spreads and can widen them based on market conditions or internal policies.
• ECN broker/STP broker: These brokers pass on market spreads directly, which can be tighter but may charge a commission.

Knowing these factors can help you spot when and why spreads change – and, more importantly, which brokers and trading times are better for minimizing your costs.

What To Look For In A Low-Spread Broker

Low spreads are great, but they’re not the only thing that matters when choosing a broker. A flashy claim of “spreads as low as 0.0 pips” might sound tempting, but there’s more to the story.

Here’s what you should be looking for:

Transparent Average Spreads

Ignore the marketing hype about minimum spreads. Those ultra-low numbers often apply under perfect conditions that rarely happen.

Instead, focus on brokers like Pepperstone that provide their average spreads across key trading hours and assets.

Reliable Execution

Low spreads mean nothing if you can’t enter or exit trades at the prices you see. A good broker should offer fast and reliable trade execution, especially during high-volatility periods when the market is moving quickly.

Why it matters: Slippage (getting a worse price than expected) can cancel out the benefits of low spreads.

BlackBull impresses with speeds of less than 75 milliseconds.

Powerful Platforms And Tools

A low-spread broker should also equip you with the tools to trade effectively.

Look for platforms like MetaTrader 4, MetaTrader 5, or TradingView available at providers like FOREX.com with features like:

• Advanced charting and analysis tools.
• Automated trading support.
• Risk management tools like stop-loss and take-profit orders.

Market Data And Insights

A broker that provides real-time market data, economic calendars, and regular insights can help you make smarter trading decisions.

It’s a massive plus if these come free of charge, which you can find at firms like Fusion Markets.

No Hidden Costs

A broker with low spreads might offset them with other fees like:

• Commissions on trades (especially with raw spread accounts).
• High withdrawal fees or inactivity charges.
• Wide spreads during off-peak hours.

Strong Regulation

Choose a broker like Vantage which is regulated by reputable authorities, including the FCA and ASIC. Low spreads are only worth it if your funds are secure and the broker operates transparently.

DayTrading.com’s Regulation & Trust Rating can help here. We’ve classified a growing list of over 65 regulators depending on their reliability and safeguards, from ‘green tier’ bodies like the UK’s Financial Conduct Authority (FCA) through to ‘red tier’ bodies like the Vanuatu Financial Services Commission (VFSC).

Liquidity And Asset Variety

The more liquid the broker’s offering, the tighter the spreads you’ll see. Make sure they offer a good range of assets, especially the ones you trade most, whether that’s major currency pairs, indices, or commodities.

What Type Of Broker Offers The Best Spreads?

Raw spreads are the tightest possible spreads – straight from the interbank market, with no markup.

Electronic Communication Network (ECN) brokers like IC Markets and Pepperstone typically provide access to these raw spreads by directly connecting you to liquidity providers.

While raw spreads often come with a commission fee per trade, they can still be cost-effective for active traders like us. Here’s why:

Ultra-Low Spreads

ECN brokers provide raw spreads as low as 0.0 pips on major pairs like GBP/USD or EUR/USD. This significantly lowers your trading costs, especially for high-frequency traders who make multiple trades daily.

Imagine:

• You trade GBP/USD with an ECN provider offering a raw spread of 0.1 pip.
• The commission is $7 per round trip (buy and sell) on a standard lot.
• The total cost is $7 + the 0.1 pip spread, much lower than a broker with a fixed spread of say 2 pips.

Direct Market Access

ECN firms connect you directly to the market, meaning you’re trading against other participants (banks, hedge funds, etc) rather than the broker.

This helps reduce potential conflicts of interest, as the broker doesn’t profit from your losses, though it depends on the provider’s execution and renumeration arrangements.

Better Execution Speed

ECN brokers generally offer faster trade execution, which is crucial for day traders who rely on quick entries and exits.

Fewer requotes during volatile conditions means more reliable trading.

Transparency

You see actual market prices without hidden markups, giving you confidence that you’re getting a fair deal.

However, there are things to keep in mind:

Bottom Line

Choosing the right broker with low spreads can make a big difference in your trading profitability, especially for active traders like day traders.

However, look beyond flashy “minimum spread” claims and focus on brokers offering transparent average spreads.

For high-frequency traders, ECN brokers with raw spreads may be worth considering. Lower costs and direct market access can outweigh commission fees.

Ultimately, the best broker for you isn’t just about spreads – it’s about the whole package: reliable execution, helpful trading tools, and a trustworthy, regulated platform.

Find the right low-spread trading platform for your needs.