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Average Forex Broker Spreads (2026)

We analyzed minimum spreads and commission structures across 341 active forex brokers. This dataset reveals the true cost of trading with each broker, helping traders identify the most competitive pricing in the market.

Brokers Analyzed

341

Average Min Spread

0.09 pips

Median Spread

0.00 pips

Lowest Spread

0.00 pips

Upbit

Key Findings

  • The average minimum spread across all analyzed brokers is 0.09 pips, while the median sits at 0.00 pips.
  • Upbit offers the lowest minimum spread at 0.00 pips.
  • Brokers with zero or near-zero spreads typically charge a per-lot commission instead, making total trading cost the more important metric.
  • 215 brokers in our dataset use a commission-based pricing model alongside their spread.

Spread Distribution

How minimum spreads are distributed across all analyzed brokers.

0.0–0.5 pips
304 brokers (89.1%)
0.5–1.0 pips
32 brokers (9.4%)
1.0–1.5 pips
4 brokers (1.2%)
1.5–2.0 pips
1 brokers (0.3%)
2.0+ pips
0 brokers (0.0%)

Full Spread Comparison Table

Showing 341 rows
#BrokerMin SpreadCommissionRegulatorRating
Upbit0.00$0.05MAS4.33
Pepperstone0.00$3.50CySEC4.12
MEXC0.00$0.00FSA4.01
XT.com0.00$0.20FSA4.00
BlackBull Markets0.00$3.00ASIC3.93
Vantage Markets0.00$3.00ASIC3.92
ThinkMarkets0.00$3.50FCA3.92
Fusion Markets0.00$2.25FSA3.90
FBS0.00$0.00CySEC3.88
IC Markets0.00$3.50ASIC3.87
FP Markets0.00$3.00ASIC3.84
TradeStation0.00$0.00SEC3.80
HFM0.00$3.00CySEC3.78
Admiral Markets0.00$3.00FCA3.77
Phillip Capital0.00$0.08MAS3.74
Avenue Securities0.00$0.00FINRA3.73
IronFX0.00$3.00ASIC3.71
Fineco Bank0.00$2.95Banca d'Italia3.70
Moomoo0.00$0.00MAS3.69
Libertex0.00$0.00CySEC3.69
Mirae Asset0.00$0.15SEBI3.69
FxOpen0.00$1.50FCA3.66
Exante0.00$0.02CySEC3.64
Eightcap0.00$3.50ASIC3.62
Poloniex0.00$0.15FSA3.62
J.P. Morgan Self-Directed0.00$0.00SEC3.62
Axi0.00$3.50FCA3.62
Longbridge0.00$0.00SFC3.61
Robinhood0.00$0.00SEC3.60
MultiBank Group0.00$3.00CySEC3.60
E*TRADE0.00$0.00SEC3.60
Nordea Investor0.00$0.15Finanssivalvonta3.59
InstaForex0.00$0.00BVI FSC3.59
Fidelity0.00$0.00CFTC3.58
Tiger Brokers0.00$0.01MAS3.58
Webull0.00$0.00FCA3.58
Stash0.00$0.00SEC3.57
tastytrade0.00$0.00SEC3.56
Charles Schwab0.00$0.00SEC3.56
UOB Kay Hian0.00$0.18MAS3.56
Bithumb0.00$0.25FSC3.54
Monex0.00$0.50SEC3.54
Rakuten Securities0.00$0.00FSA3.54
GMO Click Securities0.00$0.00FSA3.54
Moneta Markets0.00$3.00FSCA3.50
LYNX Broker0.00$4.00FCA3.49
Wealthfront0.00$0.00SEC3.49
LHV0.00$0.00Finantsinspektsioon3.48
Sarwa0.00$0.00DFSA3.47
Freedom Finance0.00$2.00SEC3.47
Cash App Investing0.00$0.00SEC3.47
CoinW0.00$0.20FinCEN3.46
TMGM0.00$3.50FCA3.45
Stake0.00$0.00ASIC3.44
Aetos Capital0.00$3.50FCA3.43
RHB Securities0.00$0.10MAS3.43
KGI Securities0.00$0.08FSC3.43
HSBC InvestDirect0.00$10.50FCA3.43
CIMB Securities0.00$0.10MAS3.42
Firstrade0.00$0.00SEC3.41
Luminor Invest0.00$0.15FKTK3.41
Nexo0.00$0.50FCA3.41
BitMart0.00$0.25FinCEN3.40
mBank0.00$0.19KNF3.39
Motilal Oswal0.00$0.00SEBI3.39
Directa SIM0.00$3.00Consob3.39
CoinEx0.00$0.20FSA3.38
ProBit Global0.00$0.20FSC3.36
Nordnet0.00$0.00Finansinspektionen3.35
VT Markets0.00$3.00ASIC3.35
Just2Trade0.00$2.50SEC3.35
Tradeview0.00$2.50CIMA3.34
Questrade0.00$0.01CIRO3.33
Tickmill0.00$2.00FSCA3.33
National Bank Direct Brokerage0.00$0.00CIPF3.33
Samsung Securities0.00$0.14FSC3.33
SBI Securities0.00$0.00FSA3.33
SoFi Invest0.00$0.00SEC3.33
Kiwoom Securities0.00$0.01FSC3.32
Fortuneo0.00$0.00ACPR3.32
KB Securities0.00$0.00FSC3.32
OCBC Securities0.00$0.18MAS3.31
NH Investment Securities0.00$0.12FSC3.31
BingX0.00$0.043.31
UniCredit Brokerage0.00$0.19BaFin3.30
Banca Mediolanum0.00$0.19Banca d'Italia3.30
Maybank Investment0.00$0.10BNM3.30
Tinkoff Investments0.00$0.05CBR3.30
Mubasher0.00$0.15CMA3.28
Bourse Direct0.00$0.99AMF3.28
SwissBorg0.00$0.25FCA3.28
DEGIRO0.00$1.75FCA3.27
LiteFinance0.00$2.00FSA3.27
BTSE0.00$0.10FSRA3.27
Revolut Trading0.00$0.00FCA3.27
BTG Pactual Digital0.00$0.00BACEN3.26
Zerodha0.00$0.03SEBI3.26
Banco Inter Invest0.00$0.00CVM3.25
Avanza0.00$0.00Finansinspektionen3.25
Pionex0.00$0.05FinCEN3.25
Chipper Cash0.00$0.00FCA3.25
Blueberry Markets0.00$3.00ASIC3.24
Betterment0.00$0.00SEC3.24
NuInvest0.00$0.00CVM3.24
Renta 40.00$3.95CNMV3.24
Bitvavo0.00$0.25CySEC3.23
DKB Broker0.00$0.00BaFin3.23
XP Investimentos0.00$0.00CVM3.23
Bank Hapoalim Brokerage0.00$0.10ISA3.23
CryptoMKT0.00$0.39CMF3.22
Absa Stockbrokers0.00$0.35FSCA3.22
EasyEquities0.00$0.25FSCA3.22
Upstox0.00$0.05SEBI3.22
Sber Investments0.00$0.06CBR3.22
Bitbank0.00$0.12FSA3.22
ACY Securities0.00$3.00ASIC3.22
Standard Bank Online Share Trading0.00$0.40JSE3.21
Moneyfarm0.00$0.00FCA3.21
PostFinance0.00$3.00FINMA3.21
Moneybox0.00$0.00FCA3.21
Rico Investimentos0.00$0.00CVM3.21
Capital Index0.00$3.00FCA3.21
RoboForex0.00$2.00FSA3.21
Smartbroker0.00$0.00BaFin3.21
Angel One0.00$0.05SEBI3.21
Swedbank Börshandel0.00$0.09Finansinspektionen3.21
Paytm Money0.00$0.00SEBI3.21
Windsor Brokers0.00$3.00FSA3.21
SEB Investor0.00$0.12Finansinspektionen3.21
DNB Markets0.00$0.05Finanstilsynet3.21
Bitpanda0.00$1.49CySEC3.20
KSecurities0.00$0.15SEC3.20
Danske Bank Invest0.00$0.10Finanstilsynet3.20
Wealthsimple0.00$0.00CIRO3.20
Boursorama0.00$0.00AMF3.20
M1 Finance0.00$0.00SEC3.20
Mirae Asset Sekuritas0.00$0.18OJK3.20
İş Yatırım0.00$0.12CMB3.20
Vanguard UK0.00$0.00FCA3.19
Commerzbank Brokerage0.00$0.10BaFin3.19
Yuanta Securities0.00$0.14FSC3.19
Bestinvest0.00$0.00FCA3.19
InvestEngine0.00$0.00FCA3.19
VTB My Investments0.00$0.05CBR3.19
OP Markets0.00$0.17Finanssivalvonta3.19
Merrill Edge0.00$0.00SEC3.19
PU Prime0.00$3.00FSA3.19
Garanti Yatırım0.00$0.12CMB3.19
ING Beleggen0.00$3.50AFM3.19
Sharesies0.00$0.50ASIC3.18
Axis Securities0.00$0.00SEBI3.18
HC Securities0.00$0.17EFSA3.18
FSMOne0.00$0.08MAS3.18
Weltrade0.00$0.00FSA3.18
Yapı Kredi Yatırım0.00$0.12CMB3.18
Fubon Securities0.00$0.14FSC3.18
Handelsbanken Markets0.00$0.12Finansinspektionen3.18
Emirates NBD Securities0.00$0.15DFSA3.18
HDFC Securities0.00$0.50SEBI3.17
Raiffeisen Invest0.00$0.12FMA3.17
Mandiri Sekuritas0.00$0.18OJK3.17
Samco Securities0.00$0.00SEBI3.17
IIFL Securities0.00$0.00SEBI3.17
Nuvama0.00$0.30SEBI3.17
Daman Securities0.00$0.15SCA3.17
PKO BP Brokerage0.00$0.19KNF3.17
5paisa0.00$0.00SEBI3.17
Alpha Finance0.00$0.15HCMC3.17
Al Ramz Capital0.00$0.15SCA3.17
KTBST Securities0.00$0.15SEC3.17
Self Bank0.00$3.95CNMV3.16
FXGT0.00$0.00CySEC3.16
Ally Invest0.00$0.00SEC3.16
Piraeus Bank Securities0.00$0.15ECB3.16
Erste Bank Securities0.00$3.90CNB3.16
Phemex0.00$0.013.16
DBS Vickers0.00$0.18MAS3.16
Dhan0.00$0.00SEBI3.15
ICICI Direct0.00$0.55SEBI3.15
Santander Broker0.00$3.95CNMV3.15
Kotak Securities0.00$0.49SEBI3.15
Sharekhan0.00$0.50SEBI3.13
Groww0.00$0.05SEBI3.13
Vanguard0.00$0.00SEC3.13
VPS Securities0.00$0.10SSC3.13
Fyers0.00$0.00SEBI3.13
EFG Hermes0.00$0.15DFSA3.12
VNDIRECT0.00$0.15SSC3.12
SSI Securities0.00$0.15SSC3.11
CoinSwitch0.00$0.00FIU3.11
Valutrades0.00$3.50FSA3.11
Clear Corretora0.00$0.00ANBIMA3.11
LBank0.00$0.10FinCEN3.11
JustTrade0.00$0.00BaFin3.10
JustMarkets0.00$3.00CySEC3.10
NBK Capital0.00$0.15CMA Kuwait3.09
Deribit0.00$0.03Unregulated3.09
BUX0.00$0.00AFM3.09
FNB Share Investing0.00$0.30FSCA3.08
Scalable Capital0.00$0.00CySEC3.08
JS Securities0.00$0.15SECP3.08
Sanlam iTrade0.00$0.40FSB3.08
Hantec Markets0.00$4.00ASIC3.06
Startrader0.00$3.50CySEC3.06
Acorns0.00$0.00SEC3.06
BUX0.00$0.00CySEC3.06
Nedbank Share Investing0.00$0.35JSE3.06
Rakuten Trade0.00$0.10SC3.06
Trade Republic0.00$1.00CySEC3.06
Consorsbank0.00$3.90BaFin3.05
Comdirect0.00$3.90BaFin3.05
Revolut0.00$0.00FCA3.05
COL Financial0.00$0.25SEC3.04
Jarden Direct0.00$0.00FMA3.04
Raiz Invest0.00$0.00ASIC3.04
Al Rajhi Capital0.00$0.12CMA3.04
Ualá0.00$0.00CNBV3.03
Interactive Investor0.00$3.99FCA3.03
Riyad Capital0.00$0.15CMA3.03
TradeZero0.00$0.00SCB3.02
CIBC Investor's Edge0.00$6.95CIPF3.02
Firi0.00$0.70Finanstilsynet3.02
Freetrade0.00$0.00FCA3.01
Keytrade Bank0.00$7.50FSMA3.01
BNI Sekuritas0.00$0.17OJK3.01
Public.com0.00$0.00SEC3.01
FirstMetroSec0.00$0.25SEC3.01
Old Mutual Securities0.00$0.50FSB3.00
Stanbic IBTC0.00$0.75SEC Nigeria2.99
Halyk Invest0.00$0.10AFSA2.97
Hatch0.00$3.00FMA2.97
Coinexx0.00$4.00FSA2.96
SuperForex0.00$0.00FSA2.95
Raiz0.00$0.00ASIC2.94
StocksApp0.00$0.00FINMA2.94
Baraka0.00$0.00DFSA2.93
Flatex0.00$5.90CySEC2.93
Coronation Securities0.00$0.75SEC Nigeria2.93
TD Direct Investing0.00$9.99CIPF2.92
Pearler0.00$6.50ASIC2.92
Qtrade0.00$6.95CIRO2.91
Yellow Card0.00$1.00FSP2.91
BMO InvestorLine0.00$9.95IIROC2.91
Mercado Bitcoin0.00$0.30CVM2.90
Bitrue0.00$0.102.90
Bajaj Broking0.00$0.00SEBI2.89
Ripio0.00$1.00CNV2.88
Global Prime0.00$3.00ASIC2.87
Superhero0.00$2.00ASIC2.83
Bundle Africa0.00$0.00SEC2.83
Axiory0.00$3.50FSA2.80
BitMEX0.00$0.07FSA2.80
VALR0.00$0.10FSCA2.80
Hargreaves Lansdown0.00$11.95FCA2.79
Foxbit0.00$0.50BACEN2.79
Bitso MX0.00$0.50CNBV2.78
SelfWealth0.00$9.50ASIC2.78
Charles Stanley Direct0.00$11.50FCA2.78
Hugo's Way0.00$3.00FSA2.77
NAB Trade0.00$9.95ASIC2.76
Bitso0.00$0.50CySEC2.76
AJ Bell0.00$9.95FCA2.76
ANZ Share Investing0.00$13.00ASIC2.76
CommSec0.00$10.00ASIC2.75
Westpac Share Trading0.00$19.95ASIC2.75
Lightyear0.00$0.00FCA2.74
Vivid Money0.00$0.00BaFin2.69
Headway0.00$0.00IFSC2.67
Blockchain.com0.00$0.40FCA2.64
ASB Securities0.00$30.00FMA2.64
dYdX0.00$0.02Unregulated2.44
Buda.com0.00$0.80CMF2.31
CoinDCX0.00$0.20FIU2.08
WazirX0.00$0.20FIU2.02
AscendEX0.00$0.102.00
PrimeXBT0.00$0.05FSA3.39
OKX0.10$0.08FSA4.15
Bybit0.10$0.06FMA4.09
Gate.io0.10$0.20FSA4.04
KuCoin0.10$0.10FSA3.85
XTB0.10$0.00FCA3.81
Exness0.10$3.50CySEC3.77
HTX0.10$0.20FSA3.75
Dukascopy0.10$3.50FCA3.71
WhiteBIT0.10$0.10FSA3.69
FXTM0.10$0.50CySEC3.59
Binance0.10$0.103.56
Bitfinex0.10$0.10FSA3.53
Bitget0.10$0.063.37
GO Markets0.10$3.00ASIC3.33
Coincheck0.10$0.00FSA3.22
bitFlyer0.10$0.15FSA3.14
FXChoice0.10$0.00IFSC3.10
Luno0.10$0.25FCA3.03
Interactive Brokers0.20$0.01SEC4.43
Kraken0.20$0.16CFTC4.40
FXCM0.20$0.00FCA3.66
HYCM0.20$0.00CySEC3.56
Purple Trading0.20$3.00CySEC3.46
Amarkets0.30$0.00FSA3.02
Crypto.com0.40$0.07MAS4.34
Saxo Bank0.40$0.08MAS4.00
Grand Capital0.40$0.00FSA3.10
Alpari0.40$0.00FSA2.99
Coinbase0.50$0.60FCA4.59
Bitstamp0.50$0.40FCA4.09
City Index0.50$0.00MAS4.06
Deriv0.50$0.00Labuan FSA3.96
Gemini0.50$0.35CFTC3.80
Trading 2120.50$0.00CySEC3.57
ActivTrades0.50$0.00CySEC3.56
Equiti0.50$0.00FCA3.36
Orbex0.50$0.00CySEC3.10
OANDA0.60$0.00KNF4.34
IG Group0.60$0.00SEC4.33
FxPro0.60$0.00FCA4.09
Plus5000.60$0.00MAS3.98
Capital.com0.60$0.00CySEC3.96
Trading.com0.60$0.00ASIC3.87
XM0.60$0.00FSA3.85
Markets.com0.60$0.00FCA3.76
Octa0.60$0.00CySEC3.54
Phillip Nova0.60$0.00MAS3.39
Spreadex0.60$0.00FCA3.35
FxPesa0.60$0.00CMA3.33
Amana Capital0.60$0.00DFSA3.33
Scope Markets0.60$0.00CMA3.04
CMC Markets0.70$0.00MAS4.04
EasyMarkets0.70$0.00ASIC3.61
NAGA0.70$0.00CySEC3.53
Skilling0.70$0.00CySEC3.45
Forex.com0.80$0.00MAS4.40
ACM Gold0.80$0.00FSCA3.03
Darwinex0.80$3.50FCA3.01
AvaTrade0.90$0.00MAS3.98
NordFX0.90$0.00FSA2.94
ForTrade1.00$0.00FCA4.25
eToro1.00$0.00CySEC4.01
CM Trading1.00$0.00FSCA2.98
Swissquote1.30$0.00MAS3.80
BDSwiss1.50$0.00CySEC3.19

Methodology

Spread data is sourced directly from each broker's official documentation and verified against live account conditions where possible. "Min Spread" refers to the lowest advertised spread on EUR/USD (the most liquid pair), typically available on ECN or raw-spread account types. Commission figures represent the per-lot round-turn cost.

Actual trading spreads may vary based on market volatility, time of day, account type, and trade size. The figures presented here serve as a baseline comparison. We update this dataset regularly as brokers adjust their pricing structures.

For details on how we evaluate and score brokers overall, see our ranking methodology.

Related Data & Rankings

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Frequently Asked Questions

1

What is a good forex spread?

A good spread for EUR/USD is typically under 1.0 pips for standard accounts and under 0.5 pips for ECN/raw spread accounts. The industry average across all brokers in our dataset is around 0.8–1.2 pips. Lower spreads mean lower trading costs, but always factor in commissions too.

2

Why do some brokers show 0.0 pip spreads?

Brokers advertising 0.0 pip spreads typically use a commission-based pricing model. Instead of marking up the spread, they charge a fixed fee per lot traded (usually $3–$7 per lot round-turn). The total trading cost is the spread plus the commission — always compare both.

3

Do spreads change during the day?

Yes. Spreads are typically tightest during the London-New York overlap session (13:00–17:00 UTC) when liquidity is highest. They widen during off-hours, around major news releases, and during market opens. The minimum spreads shown in our data represent the best-case scenario.

4

How does BrokerRank collect spread data?

Spread data is sourced from each broker's official documentation and verified against live account conditions where possible. We report the minimum advertised spread on EUR/USD, typically available on ECN or raw-spread account types. Data is updated regularly.

Risk Disclaimer

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Spread and commission data shown here is for informational purposes only and does not constitute financial advice. Past performance and advertised spreads are not guarantees of future results. Always verify current pricing with the broker directly before opening an account.