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Rankings updated November 2026

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

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 Lithuania Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Lithuania
    • Demo account
    • Instruments: CFDs, Forex, Indices, Commodities
    • Regulator: CySEC, AFM
    • Demo account
    • Regulator: FCA, CySEC, FSA, DFSA, FSCA
    • Platforms: Tickmill Webtrader, MT4, MT5, TradingView
    • Demo account
    • Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
    • Min. deposit: $20
    • Demo account
    • Regulator: BVI FSC
    • Platforms: NetTradeX, MT4, MT5
    • Demo account
    • Instruments: CFDs on Forex, Stocks, Indices, Commodities
    • Regulator: FSCA, FSC
    • Demo account
    • Regulator: FCA, CySEC, FC
    • Platforms: TickTrader, MT4, MT5, TradingView

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. LiteForex Europe 3.7/5 When we tested LiteForex’s ECN account, execution time hovered around 60ms, with moderate slippage on fast price movements. Spreads on EUR/USD averaged 0.2 pips, plus a $10 round-turn commission per lot. While liquidity was decent, it occasionally thinned during off-hours, best suited for day traders who avoid high-impact news periods.
  2. 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.
  3. 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.
  4. IFC Markets 2.9/5 Established in 2006, IFC Markets is an STP/ECN broker that stands out with unique synthetic indices, a choice of fixed and floating spread accounts, and a smooth sign-up process that took minutes during testing.
  5. LHFX 3.5/5 Established in 2020 and formerly known as LonghornFX, LHFX is a forex and CFD broker offering over 170+ instruments. It stands out for accepting fast crypto transactions and its ECN account for active traders featuring spreads from 0.0 pips with a competitive $6 per lot commission.
  6. FXOpen 3.7/5 Established in 2005, FXOpen is a multi-regulated broker that has attracted over 1 million traders. Designed for active trading, it provides access to a growing selection of more than 700 markets and supports high-frequency trading, scalping, and all forms of algorithmic trading using expert advisors (EAs).

Fee Comparison At Low Spread Brokers

Fee Comparison At Low Spread Brokers
BrokerEUR/USD SpreadFTSE SpreadOil SpreadStock SpreadCrypto Spread
LiteForex Europe 0.10.72.2N/A-
Tickmill 0.10.90.04N/AVariable
PU Prime 0.2 pips (ECN)23 (ECN)2.2 (ECN)4.2 (Amazon)27.5 (BTC)
IFC Markets 0.4300625 (Apple)100 (BTC/USD)
LHFX 0.081170106Apple (210)185119.9 (BTC)
FXOpen 0.20.70.040.40 (Apple)9.0 (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
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
LiteForex Europe 4.0 / 53.8 / 56863.4 / 54.1 / 5
Tickmill 5.0 / 52.3 / 511904.9 / 53.4 / 5
PU Prime 4.2 / 52.7 / 518784.8 / 54.2 / 5
IFC Markets -3.0 / 55704.3 / 54.8 / 5
LHFX 3.5 / 54.2 / 51334.8 / 54.6 / 5
FXOpen 4.9 / 53.7 / 54635.0 / 55.0 / 5

LiteForex Europe

LiteForex is a good option for active day traders with variable spreads from 0.0 pips, daily analysis and high-quality training guides. The forex copy system also lets you duplicate the positions of experienced traders.

William Berg William Berg, Reviewer

LiteForex Europe quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Indices, Commodities
Regulator
CySEC, AFM
Platforms
MT4, MT5
Minimum Deposit
$50
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CHF

Pros

  • The broker offers a VPS server for experience day traders looking to run their auto strategies continuously
  • Fast ECN execution model with low spreads from 0.0 pips
  • LiteForex offers a client-oriented approach, with personal manager assigned to each trader and 24/5 multilingual customer support

Cons

  • Fees are fairly high, with spreads starting from 2.0 pips in the Classic account and $10 forex commissions in the ECN account
  • There are limited funding methods compared to other top day trading brokers

Tickmill

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.

Christian Harris Christian Harris, Reviewer

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

  • 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.
  • 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.

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.

PU Prime

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.

Tobias Robinson Tobias Robinson, Reviewer

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

  • PU Prime has upped its game over the years, including launching its PU Social app in 2022, securing ASIC authorization for its Australian entity in 2025, and adding over 200 trading instruments, bringing the total to 1,000+, while 2026 brought around-the-clock share CFDs on prominent US stocks.
  • 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.
  • 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.

Cons

  • 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.
  • The ECN account’s $10,000 minimum deposit puts the best pricing out of reach for some active retail traders who may end up paying more for spreads and commissions on Prime, Standard or Cent accounts.
  • 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.

IFC Markets

IFC Markets is best suited to active traders who want flexibility, with a choice of micro and standard accounts, minimum deposits from just $1, plus the ability to blend multiple assets into a single synthetic instrument on the user-friendly NetTradeX platform – a feature we’ve not seen elsewhere.

Christian Harris Christian Harris, Reviewer

IFC Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs, Synthetics
Regulator
BVI FSC
Platforms
NetTradeX, MT4, MT5
Minimum Deposit
$1
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, JPY

Pros

  • The NetTradeX platform’s PCI feature lets you build your own synthetic instruments – a truly standout feature enabling you to trade complex macro views or hedged positions as a single chartable asset.
  • With leverage up to 1:400 and $1 account minimums, IFC Markets offers easy entry for beginners and high-leverage traders. Unlike brokers under stricter ESMA or ASIC rules, its offshore regulation allows more flexible margin and account options.
  • MT4, MT5, and NetTradeX are all available on desktop, web and mobile, each with live and demo access, full functionality, and no platform restrictions even on micro accounts.

Cons

  • IFC Markets is licensed only by the BVI FSC, which lacks the investor protections of top-tier regulators like FCA or ASIC. This showed in limited disclosures and fewer client safeguards.
  • There is a notable lack of third-party technical analysis tools and news feeds from providers like Trading Central, Autochartist, Reuters, or Dow Jones, relying solely on in-house research, which do not match the depth or automation of these external services.
  • We found the NetTradeX app clunky and visually dated, despite offering advanced features. It lacks the usability of the best day trading apps, such as AvaTrade.

LHFX

LHFX is a top choice for short-term crypto traders seeking an MT5 broker with ECN execution. After expanding its range of digital tokens in 2024 and enhancing the payment solutions in 2026, it now enables multiple crypto deposits and withdrawals in just 30 minutes - putting it among the fastest for providing access to funds.

Christian Harris Christian Harris, Reviewer

LHFX quick facts

Demo Account
✔Yes
Instruments
CFDs on Forex, Stocks, Indices, Commodities
Regulator
FSCA, FSC
Platforms
MT5
Minimum Deposit
$10
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP

Pros

  • LHFX improved its research offering in 2026, bringing in market research releases Monday, Wednesdays and Fridays, as well as a wider choice or crypto payment options, plus card-to-crypto via Apple Pay and Google Pay, providing more funding flexibility.
  • Opening an account with LHFX is super easy, taking just minutes and only requiring a $10 deposit, making it accessible for traders with limited capital.
  • In December 2025 LHFX integrated MT5 on desktop, web and mobile, providing advanced charting and trading tools, including 38+ indicators, 21 timeframes, and algo trading capabilities.

Cons

  • LHFX still lacks key research tools like an economic calendar and currency converters, while we encountered error messages accessing its market analysis.
  • LHFX operates primarily with crypto-based deposit and withdrawal systems, meaning that deposits made in USD, EUR, or GBP are automatically converted to cryptos. This lack of direct fiat banking options can be a hassle for traders who prefer the simplicity of traditional solutions.
  • LHFX only supports MT5 with no add-ons available at firms like Admirals. And with no alternative software like cTrader or a proprietary app, the limited selection could prove restrictive for many traders.

FXOpen

FXOpen is ideal for high-volume traders, offering fast execution through its ECN trading infrastructure, spreads from 0 pips, and discounted commissions as low as $1.50 per lot.

Christian Harris Christian Harris, Reviewer

FXOpen quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Regulator
FCA, CySEC, FC
Platforms
TickTrader, MT4, MT5, TradingView
Minimum Deposit
$100
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, AUD, JPY, CHF, SGD, RUB

Pros

  • FXOpen introduced TradingView in 2022 and upgraded its TickTrader platform in 2024, offering Level 2 pricing, 1,200+ trading tools, and advanced order types, catering to both experienced and high-frequency traders.
  • FXOpen reduced FX spreads by 40%+ in 2022 and introduced commission-free index trading in 2023, making it cost-effective for day traders.
  • FXOpen streamlined its account offerings in 2024, ensuring a user-friendly setup with ECN accounts providing raw spreads from 0.0 pips, fast execution speeds, and discounted commissions for high-volume traders.

Cons

  • While still a trusted broker with authorization from the FCA and CySEC, FXOpen lost its ASIC license in 2024 following ‘serious concerns’ and no longer onboards Australian traders.
  • Despite bolstering its asset range, FXOpen still offers fewer global stocks, commodities, and cryptocurrencies than category leader BlackBull, reducing access to diverse trading opportunities.
  • FXOpen has a threadbare educational offering, lacking the courses and webinars you can find at brokers like IG, limiting its appeal to beginners seeking to build their knowledge.

Methodology

To rank the brokers with the best spreads, we

  • Evaluated spreads on forex, stocks, indices, crypto, and commodities for 142 brokers as of November 2026;
  • Combined these with the overall ratings we assigned brokers because you need more than just low spreads;
  • Ranked these providers to reveal the brokers with the lowest spreads AND the best trading experience.

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.

For those with a short-term trading strategy, like day trading or scalping, this cost directly impacts your bottom line.

Low spreads mean you can hit profitability faster, especially when making multiple trades a day.

Paul HolmesPaul HolmesAuthor

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.

What is a spread
Pepperstone spreads

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.

By focusing on these factors, you’ll enjoy low trading costs and a smooth and reliable trading experience. Remember, a low-spread broker is about the complete package, not just a single number.

Paul HolmesPaul HolmesAuthor

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:

  • Commissions Add Up: While spreads are minimal, commission fees per trade can add up for smaller-volume traders. Ensure your strategy can cover these costs.
  • Volatility Risks: Raw spreads can widen during high-volatility events. Even with an ECN account, be prepared for occasional spread spikes.
  • Minimum Deposit Requirements: ECN accounts often have higher minimum deposits than standard accounts.

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.