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 Sweden Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Sweden
   1

   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
2. 2

   Tickmill

   4.0/ 5

   Visit Tickmill Read review
   • Demo account
   • Regulator: FCA, CySEC, FSA, DFSA, FSCA
   • Platforms: Tickmill Webtrader, MT4, MT5, TradingView
3. 3

   PU Prime

   4.5/ 5

   Visit PU Prime Read review
   • Demo account
   • Regulator: ASIC, FSCA, FSA, FSC, CMA-UAE
   • Min. deposit: $20
4. 4

   LHFX

   3.5/ 5

   Visit LHFX Read review
   • Demo account
   • Instruments: CFDs on Forex, Stocks, Indices, Commodities
   • Regulator: FSCA, FSC
5. 5

   FXOpen

   3.7/ 5

   Visit FXOpen Read review
   • Demo account
   • Regulator: FCA, CySEC, FC
   • Platforms: TickTrader, MT4, MT5, TradingView
6. 6

   Anzo Capital

   3.9/ 5

   Visit Anzo Capital Read review
   • Demo account
   • Instruments: CFDs, Forex, Precious Metals, Stocks
   • Regulator: ASIC, FSC, CMA-Kenya

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. 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.
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. 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.
5. 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).
6. Anzo Capital 3.9/5 Anzo Capital is an offshore broker that offers leveraged CFDs on 100+ instruments including forex, stocks, indices and metals. The MetaTrader 4 and MetaTrader 5 platforms are supported, and traders can choose between an STP account with spreads starting from 1.4 pips and zero commission, or an ECN account with a $4 round-turn commission and spreads from zero. A decent range of payment methods are accepted, including crypto deposits.

Fee Comparison At Low Spread Brokers

Fee Comparison At Low Spread Brokers

Broker	EUR/USD Spread	FTSE Spread	Oil Spread	Stock Spread	Crypto Spread
Eightcap	0.0	1.2	0.03	0.03 (Apple Inc)	$12 (BTC)
Tickmill	0.1	0.9	0.04	N/A	Variable
PU Prime	0.2 pips (ECN)	23 (ECN)	2.2 (ECN)	4.2 (Amazon)	27.5 (BTC)
LHFX	0.08	1170	106	Apple (210)	185119.9 (BTC)
FXOpen	0.2	0.7	0.04	0.40 (Apple)	9.0 (BTC)
Anzo Capital	0.0 pips	1.1	0.0	N/A	-

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
Eightcap	4.0 / 5	4.0 / 5	3909	4.8 / 5	4.4 / 5
Tickmill	5.0 / 5	2.3 / 5	1190	4.9 / 5	3.4 / 5
PU Prime	4.2 / 5	2.7 / 5	1878	4.8 / 5	4.2 / 5
LHFX	3.5 / 5	4.2 / 5	133	4.8 / 5	4.6 / 5
FXOpen	4.9 / 5	3.7 / 5	463	5.0 / 5	5.0 / 5
Anzo Capital	-	2.9 / 5	179	4.8 / 5	4.6 / 5

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

• 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.
• After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
• 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

• 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.
• 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.
• Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.

Visit Eightcap Eightcap 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

• 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.
• 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.

Cons

• 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.
• 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.

Visit Tickmill Tickmill 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.
• 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.
• PU Prime has added a dynamic leverage system for high-impact economic news releases and weekend gaps, helping to protect accounts from extreme market volatility.

Cons

• 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.
• 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.

Visit PU Prime PU Prime review

LHFX

3.5/ 5

Visit LHFX LHFX review

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.

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 provides round-the-clock customer service via live chat, email, a callback service, and social media platforms like Facebook, X, and Instagram, with fast if not fairly basic responses from agents during testing.
• LHFX’s top-performing area in testing was its low fees, featuring 0.0-pip spreads and a competitive $6 commission per lot. Its ECN model ensures direct market access, tight spreads, and fast execution - ideal for scalpers and day traders.
• LHFX has made strides in the regulation department, securing a license from South Africa's FSCA, adding to its credibility with stronger overight.

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.

Visit LHFX LHFX review

FXOpen

3.7/ 5

Visit FXOpen FXOpen review

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.

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 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.
• 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.

Cons

• 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.
• Despite bolstering its asset range, FXOpen still offers fewer global stocks, commodities, and cryptocurrencies than category leader BlackBull, reducing access to diverse trading opportunities.
• 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.

Visit FXOpen FXOpen review

Anzo Capital

3.9/ 5

Visit Anzo Capital Anzo Capital review

Anzo Capital will suit traders looking for leveraged CFDs with the flexibility to choose between STP and ECN accounts.

Anzo Capital quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Precious Metals, Stocks

Regulator

ASIC, FSC, CMA-Kenya

Platforms

MT4, MT5

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR

Pros

• Multi-account manager (MAM)
• Several languages supported
• Demo profile

Cons

• Limited asset range
• Inactivity fees
• Week regulatory oversight

Visit Anzo Capital Anzo Capital 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.