15 Best Forex Brokers with Low Spreads

 

The 15 Best Forex Brokers with Low Spreads – Rated and Reviewed. We have listed the best Forex Brokers with Low Spreads in 2025*.

 

In this in-depth write-up you will learn:

 

• Best Low Spreads for Beginners, including a top 10 list.
• Pros and cons of low-spread accounts
• What is a Spread?

 

and much, much more!

 

🔍Forex Broker	🎁Sign Up Here	🫴🏻Spreads Offered	⬆️Leverage
🎉FP Markets	👉 Click Here	0.0 pips Commissions $3	1:500
🎊Key to Markets	👉 Click Here	0.0 pips Commissions $8	1:500
🍾Vantage FX	👉 Click Here	0.0 pips Commissions $2	1:500
💝HFM	👉 Click Here	0.0 pips Commissions $6	1:2000
🎁Tickmill	👉 Click Here	0.0 pips Commissions $1	1:500
🎀RoboForex	👉 Click Here	0.0 pips Commissions $0.0045	1:500
🎈XM	👉 Click Here	0.6 pips Commissions $0	1:1000
👑Blueberry Markets	👉 Click Here	0.0 pips Commissions $7	1:500
🚀Axi	👉 Click Here	0.0 pips Commissions $3.50	1:500
🌟FBS	👉 Click Here	0.0 pips Commissions $0	1:3000
🍬OctaFX	👉 Click Here	0.0 pips Commissions $0.02	1:500
🏆IC Markets	👉 Click Here	0.0 pips Commissions $3.50	1:500
💜Exness	👉 Click Here	0.0 pips Commissions $3.50	1:2000
🏆FXTM	👉 Click Here	0.0 pips Commissions $3.50	1:3000
🪅FXDD	👉 Click Here	0.0 pips Commissions $0.02	1:500

 

 

5 Best Forex Brokers with Low Spreads (2025)

1. ☑️FP Markets – Overall, the Best Forex Broker with Low Spreads
2. ☑️Key to Markets – Best online trading experience for Beginners
3. ☑️Vantage FX – Best Mobile trading experience
4. ☑️HFM – High user trust score and trust rating
5. ☑️Tickmill – Best Broker for Commissions and Fees

 

 

 

1. FP Markets

FP Markets is an ECN, STP, and DMA broker that operates out of Australia, offering traders from around the world more than 10,000 financial markets from forex, stocks, CFDs, and cryptocurrencies.

 

🔍Broker	🥇FP Markets
🔢Year Founded	2005
👥Amount of Staff	Over 200
👤Amount of Active Traders	60,000+
📍Publicly Traded	None
📈Regulation	ASIC (Australia) CySEC (Cyprus) FSCA (South Africa)
🌎Country of Regulation	Australia Cyprus South Africa
🗂️Account Segregation	✅Yes
📌Negative Balance Protection	✅Yes
🚩Investor Protection Schemes	✅Yes (CySEC)
🖋️Account Types and Features	Standard Raw ECN VIP accounts available
🎉Institutional Accounts	✅Yes
👤Managed Accounts	None
💵Minor Account Currencies	EUR USD GBP AUD CAD CHF JPY NZD SGD HKD
💴Minimum Deposit	$100
⏱️Average Deposit/Withdrawal Processing Time	Instant - 1 business day
💸Fund Withdrawal Fee	None
✏️Spreads	0.0 pips
💷Commissions	From $3 per side (Raw account)
🔢Number of Base Currencies Supported	10
💶Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by instrument and account type
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	< 40ms
➡️VPS Hosting	✅Yes (for eligible accounts)
🫴🏻CFDs - Total Offered	10,000+
📊CFD Stock Indices	23+
💡CFD Commodities	12+
👉CFD Shares	2,000+
💳Deposit Options	Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more
💳Withdrawal Options	Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more
🛎️Trading Platforms	MetaTrader 4 MetaTrader 5 IRESS,WebTrader Mobile Apps
💻OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist VPS Trading Central Myfxbook
🤝Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
🖥️Customer Support Email Address	support@fpmarkets.com
☎️Customer Support Contact Number	+61 2 8252 6800
📱Social Media Platforms	Facebook Twitter LinkedIn Instagram YouTube
⚙️Languages Supported on Website	10+ including English Spanish Chinese Arabic
📖Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
🎓Educational Resources	✅Yes (articles, videos, eBooks, market analysis)
🤝Affiliate Program	✅Yes
👥Amount of Partners	Thousands worldwide
👍IB Program	✅Yes
🎁Sponsorships	✅Yes, involved in sports sponsorships
💴Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes (Micro Accounts)
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

FP Markets offers a spread from 0.0 pips with commissions of $3 charged on some financial instruments. Traders are also provided with leverage up to 1:500 and 24/5 multilingual support.

 

Pros and Cons

 

✅Pros	❌Cons
Fast and reliable trade execution	Clients from the US are not accepted
ECN pricing model and raw, tight spreads	Fixed spreads are not provided

 

Frequently Asked Questions

 

What is the maximum leverage offered by FP Markets?

Leverage is available up to 1:500, depending on the asset and regulatory jurisdiction.

 

What account types does FP Markets offer?

FP Markets offers Standard, Raw ECN, Islamic (Swap-Free), and Demo accounts to cater to different trading needs.

 

What platforms are available for trading?
FP Markets offers MetaTrader 4, MetaTrader 5, IRESS, WebTrader, and mobile trading apps.

 

Does FP Markets offer copy trading?

No, FP Markets does not offer copy trading services directly.

 

 

Our Verdict

Overall, FP Markets is a solid choice for traders seeking a reliable and well-regulated broker with a broad array of trading instruments. FP Markets provides advanced trading platforms like MetaTrader 4, MetaTrader 5, and IRESS, along with robust trading tools such as Autochartist and VPS hosting, enhancing the trading experience for both novice and professional traders.

 

 

2. Key to Markets

Key to Markets is a well-regulated ECN online forex broker that has a decent selection of financial instruments that can be traded through powerful trading platforms such as MetaTrader 4 and FIX API.

 

🔍Broker	🥇Key to Markets
🔢Year Founded	2010
👤Amount of Staff	50+
👥Amount of Active Traders	Not publicly disclosed
📌Publicly Traded	None
⌛Regulation	Financial Services Authority (FSA) of Seychelles FCA (UK)
🌎Country of Regulation	Seychelles United Kingdom
🗂️Account Segregation	✅Yes
👉Negative Balance Protection	✅Yes
➡️Investor Protection Schemes	✅Yes (under FCA regulation)
📉Institutional Accounts	✅Yes
🫴🏻Managed Accounts	None
💵Minor Account Currencies	USD EUR GBP
💴Minimum Deposit	$100
⏰Average Deposit/Withdrawal Processing Time	1 - 3 business days
💳Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.0 pips
💷Commissions	From $6 per lot (round turn)
🔢Number of Base Currencies Supported	3 (USD, EUR, GBP)
💶Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	< 50ms
💻VPS Hosting	Yes (free for high-volume traders)
📈CFDs - Total Offered	200+
📊CFD Stock Indices	15+
✏️CFD Commodities	10+
📍CFD Shares	100+
💴Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal
💶Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal
📊Trading Platforms	MetaTrader 4 MetaTrader 5
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Economic Calendar VPS Autochartist
👥Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@keytomarkets.com
☎️Customer Support Contact Number	+44 20 3384 6738
📱Social Media Platforms	Facebook Twitter LinkedIn
🫴🏻Languages Supported on Website	English
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
🖥️Webinars	✅Yes
📖Educational Resources	Articles Tutorials Market Analysis
🤝Affiliate Program	✅Yes
🫶Amount of Partners	Not publicly disclosed
🌟IB Program	✅Yes
🎁Sponsorships	No notable sponsorships
👍Rebate Program	✅Yes
💰Cent or Micro Accounts	None
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

Key to Markets is known for its No-Dealing Desk (NDD) and ECN model, ensuring that traders can expect spreads from 0.0 pips. The commissions charged on trades start from $8 per lot, round turn, and traders are given access to maximum leverage of 1:500.

 

Pros and Cons

 

✅Pros	❌Cons
Well-regulated	US clients are not accepted
Client funds are kept in segregated accounts	No cryptocurrency trading
FIX API and MetaTrader 4 offered	Limited trading tools
Free VPS for eligible clients	Limited educational materials

 

Frequently Asked Questions

 

Does Key to Markets charge fees for deposits and withdrawals?

No, Key to Markets does not charge fees for deposits or withdrawals, but third-party charges may apply.

 

What types of trading accounts does Key to Markets offer?

Key to Markets offers Standard and Pro accounts, along with Islamic (Swap-Free) and demo accounts.

 

Is Key to Markets regulated?

Yes, Key to Markets is regulated by the Financial Services Authority (FSA) of Seychelles and the Financial Conduct Authority (FCA) in the UK.

 

What trading platforms do Key to Markets provide?

Key to Markets offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

 

 

Our Verdict

Key to Markets is a reliable and well-regulated forex and CFD broker that caters to a wide range of traders, from beginners to experienced professionals. Key to Markets stands out with its broad range of trading instruments, including forex, indices, commodities, and shares, offering over 200 CFDs.

 

 

3. Vantage FX

Vantage FX is one of the most reputable forex brokers in the industry with flexible trading conditions, powerful trading platforms, and a variety of retail investor accounts to suit different trading experience levels.

 

🔍Broker	🥇Vantage FX
🔢Year Founded	2009
👤Amount of Staff	200+
👥Amount of Active Traders	500,000+
📌Publicly Traded	None
📈Regulation	ASIC (Australia), FCA (UK), CIMA (Cayman Islands)
🌎Country of Regulation	Australia, United Kingdom, Cayman Islands
🚩Account Segregation	✅Yes
➡️Negative Balance Protection	✅Yes
💙Investor Protection Schemes	✅Yes (FCA regulated clients)
👉Institutional Accounts	✅Yes
💡Managed Accounts	✅Yes (MAM/PAMM accounts available)
💴Minor Account Currencies	USD, EUR, GBP, AUD, SGD
💵Minimum Deposit	$50
⏱️Average Deposit/Withdrawal Processing Time	1 - 3 business days
💳Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.0 pips
💵Commissions	From $3 per lot (round turn)
5️⃣Number of Base Currencies Supported	5
💷Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	< 30ms
🖥️VPS Hosting	✅Yes (free for eligible accounts)
📊CFDs - Total Offered	1000+
🖋️CFD Stock Indices	15+
👉CFD Commodities	20+
🌟CFD Shares	500+
💷Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
💶Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
📊Trading Platforms	MetaTrader 4 MetaTrader 5 ProTrader
📱OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist Trading Central VPS
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@vantagefx.com
☎️Customer Support Contact Number	+44 2080 363 883
🌟Social Media Platforms	Facebook Twitter LinkedIn Instagram
⚙️Languages Supported on Website	Multiple languages, including English Chinese Spanish
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
🖥️Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
📍Amount of Partners	Not publicly disclosed
🫶IB Program	✅Yes
🎁Sponsorships	✅Yes (various sporting events and teams)
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes (Micro accounts available)
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

With Vantage FX, traders can expect competitive spreads from 0.0 pips, ultra-low commissions from $2, and high maximum leverage up to 1:500.

 

Pros and Cons

 

✅Pros	❌Cons
ECN and STP execution	US clients are not accepted
More than 300 tradable instruments	EU clients have restricted leverage
Commission-free trading offered	Fixed spreads are not offered

 

Frequently Asked Questions

 

What are the spreads and commissions?

Spreads start from 0.0 pips on Raw ECN accounts, with commissions starting at $3 per lot (round turn).

 

What platforms does Vantage FX provide?

Vantage FX offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ProTrader.

 

Does Vantage FX offer negative balance protection?

Yes, Vantage FX offers negative balance protection to prevent clients from losing more than their account balance.

 

Are there any withdrawal fees?

Vantage FX does not charge withdrawal fees, though third-party fees may apply.

 

 

Our Verdict

Overall, Vantage FX stands out as a reliable and client-focused broker, offering flexible account options, competitive trading conditions, and comprehensive support services.

 

 

4. HFM

HFM is one of the most popular forex brokers in the industry and the brand name for HFM (Europe) Ltd. HFM is a multi-asset forex broker with regulation through several reputable market regulators.

 

🔍Broker	🥇HFM
🔢Year Founded	2010
👤Amount of Staff	200+
👥Amount of Active Traders	2.5 million+
📌Publicly Traded	None
📈Regulation	FSCA DFSA FSA FCA FSC CMA
🌎Country of Regulation	UK South Africa UAE Seychelles
🗂️Account Segregation	✅Yes
➡️Negative Balance Protection	✅Yes
📌Investor Protection Schemes	✅Yes
🎉Institutional Accounts	✅Yes
👤Managed Accounts	✅Yes (PAMM/MAM accounts)
💵Minor Account Currencies	USD EUR GBP JPY AUD ZAR
💶Minimum Deposit	0 USD
⏱️Average Deposit/Withdrawal Processing Time	1 - 3 business days
💴Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.0 pips
💷Commissions	From $6 per lot (round turn)
🔢Number of Base Currencies Supported	12
💵Swap Fees	✅Yes
⬆️Leverage	Up to 1:1000
📉Margin Requirements	Varies by instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	< 30ms
🖥️VPS Hosting	✅Yes
📈CFDs - Total Offered	1,200+
📊CFD Stock Indices	20+
✏️CFD Commodities	20+
👉CFD Shares	950+
💳Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods
💴Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods
📊Trading Platforms	MetaTrader 4 MetaTrader 5 HF App
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist Trading Central VPS HFcopy
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@hfm.com
☎️Customer Support Contact Number	+44 203 097 5796
📱Social Media Platforms	Facebook Twitter Instagram LinkedIn YouTube
⚙️Languages Supported on Website	Multiple languages, including English, Chinese, Spanish, Arabic
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
🖥️Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials eBooks Market Analysis
🤝Affiliate Program	✅Yes
🫶IB Program	✅Yes
🎁Sponsorships	✅Yes
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

With HFM, traders can expect competitive spreads from 0.0 pips, with commissions from $6 and a high leverage of 1:2000

 

Pros and Cons

 

✅Pros	❌Cons
Powerful and reliable trading platforms offered	US clients are not accepted

 

Frequently Asked Questions

 

What types of accounts does HFM offer?

HFM offers a variety of account types, including Micro, Premium, Zero Spread, Auto, PAMM (for managed accounts), and Islamic (Swap-Free) accounts.

 

What are the spreads and commissions on HFM?

Spreads start from 0.0 pips on zero-spread accounts, with commissions starting at $6 per lot (round turn).

 

How many CFDs does HFM offer?

HFM offers over 1,200 CFDs, including shares, indices, and commodities.

 

What deposit methods are available?

Deposit options include bank transfer, credit/debit cards, Skrill, Neteller, PayPal, cryptocurrencies, and various local payment methods.

 

 

Our Verdict

Overall, HFM is a reliable choice for traders seeking a well-regulated broker with flexible account options, competitive trading conditions, and comprehensive support. Its combination of security, diverse trading instruments, and accessible educational resources makes it a strong contender in the global forex and CFD market.

 

 

5. Tickmill

Tickmill is one of the forex brokers that has made a good name for itself in a short time. Established in 2015, Tickmill is a multi-regulated online broker that offers both retail and institutional traders access to global financial markets.

 

🔍Broker	🥇Tickmill
🔢Year Founded	2014
👤Amount of Staff	100+
👥Amount of Active Traders	100,000+
📌Publicly Traded	None
📉Regulation	CySEC FCA FSA FSCA Labuan FSA
🌎Country of Regulation	UK Cyprus Seychelles
🗂️Account Segregation	✅Yes
📍Negative Balance Protection	✅Yes
🌟Investor Protection Schemes	✅Yes(up to €50,000 under FCA regulation)
➡️Institutional Accounts	✅Yes
🫴🏻Managed Accounts	✅Yes (PAMM accounts available)
💵Minor Account Currencies	USD EUR GBP JPY AUD CAD
💴Minimum Deposit	$100
⏱️Average Deposit/Withdrawal Processing Time	1 - 3 business days
💷Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.0 pips
💶Commissions	From $2 per lot (round turn)
5️⃣Number of Base Currencies Supported	5
💴Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	< 1 ms
🖥️VPS Hosting	✅Yes (free for eligible accounts)
✏️CFDs - Total Offered	300+
📊CFD Stock Indices	15+
📈CFD Commodities	20+
🖋️CFD Shares	100+
💳Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
💶Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
👉Trading Platforms	MetaTrader 4 MetaTrader 5
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist Trading Central VPS
🌟Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@tickmill.com
☎️Customer Support Contact Number	+44 20 8089 0375
📱Social Media Platforms	Facebook Twitter LinkedIn
⚙️Languages Supported on Website	Multiple languages, including English, Chinese, Spanish
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
👍Amount of Partners	Not publicly disclosed
🫶IB Program	✅Yes
🎁Sponsorships	✅Yes (various sporting events and teams)
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

The average spreads that traders can expect are competitive and in ideal market conditions, they start from as low as 0.0 pips. Commissions charged start from as little as $1, and traders can expect an industry-standard minimum deposit of $100.

 

Pros and Cons

 

✅Pros	❌Cons
Multi-regulated	US clients not accepted
Negative balance protection provided for retail accounts	Restricted leverage for EU clients
Client fund segregation	Fixed spreads not offered
Commission-free trading offered	Limited educational material
VPS and FIX API offered	Cryptocurrency trading not offered

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account with Tickmill?

The minimum deposit required is $100.

 

What trading platforms does Tickmill provide?

Tickmill provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

 

How long does it take for withdrawals to be processed?

Withdrawals are typically processed within 1 to 3 business days.

 

Does Tickmill provide educational resources?

Yes, Tickmill offers educational resources including webinars, video tutorials, articles, and market analysis.

 

 

Our Verdict

Overall, Tickmill is a reliable choice for traders seeking a well-regulated broker with flexible account options, competitive trading conditions, and comprehensive support. With robust regulatory oversight from respected authorities such as the FCA (UK), CySEC (Cyprus), and FSA (Seychelles), Tickmill ensures a secure trading environment with client funds held in segregated accounts and negative balance protection.

 

 

6. RoboForex

RoboForex is a popular Belize-based forex broker that has been in operation since 2009. As a Market Maker, STP, and ECN forex broker, RoboForex is well-known for offering competitive trading conditions to both beginner traders and professionals alike.

 

🔍Broker	🥇RoboForex
🔢Year Founded	2009
👤Amount of Staff	200+
👥Amount of Active Traders	1,000,000+
📌Publicly Traded	None
📈Regulation	IFSC
🌎Country of Regulation	Belize, Cyprus
🗂️Account Segregation	✅Yes
➡️Negative Balance Protection	✅Yes
🌟Investor Protection Schemes	✅Yes (up to €20,000 under CySEC regulation)
💡Institutional Accounts	✅Yes
👉Managed Accounts	✅Yes
💵Minor Account Currencies	USD EUR GBP CHF CNY GOLD
💴Minimum Deposit	$10
⏱️Average Deposit/Withdrawal Processing Time	1 - 2 business days
💶Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.0 pips
💷Commissions	From $2 per lot (round turn)
6️⃣Number of Base Currencies Supported	6
💸Swap Fees	✅Yes
⬆️Leverage	Up to 1:2000
📉Margin Requirements	Varies by instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	< 1 second
🖥️VPS Hosting	✅Yes (free for eligible accounts)
📊CFDs - Total Offered	12,000+
📈CFD Stock Indices	10+
➡️CFD Commodities	20+
👍CFD Shares	12,000+
💵Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
💶Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
📊Trading Platforms	MetaTrader 4 MetaTrader 5 cTrader R Trader
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist Trading Central VPS
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	info@roboforex.com
☎️Customer Support Contact Number	+44 20 3745 7949
📱Social Media Platforms	Facebook Twitter LinkedIn YouTube
⚙️Languages Supported on Website	Multiple languages, including English Spanish Chinese
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
👥Amount of Partners	Not publicly disclosed
🫶IB Program	✅Yes
🎁Sponsorships	✅Yes (various sporting events and teams)
🫰🏻Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

RoboForex offers tight, variable spreads that start from 0.0 pips, with ultra-low commission charges from $0.0045 on US Stocks.

 

Pros and Cons

 

✅Pros	❌Cons
Negative balance protection applied to retail accounts	US clients not accepted
Multi-award-winning broker	EU clients have restricted leverage
More than 9,400 tradable instruments	Fixed spreads not offered

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account with RoboForex?

The minimum deposit starts at $10, making it accessible for new traders.

 

Are there any fees for deposits or withdrawals?

RoboForex does not charge internal fees for deposits, and there are no withdrawal fees, though third-party fees may apply.

 

How many CFDs does RoboForex offer?

RoboForex offers over 12,000 CFDs, including stocks, indices, and commodities.

 

Is customer support available 24/7?

Yes, RoboForex offers 24/7 customer support via live chat, email, and phone.

 

 

Our Verdict

Overall, RoboForex is a reliable and versatile broker, particularly appealing to those looking for high leverage, flexible account options, and access to a broad range of trading instruments. The broker stands out with its high leverage of up to 1:2000, low minimum deposit requirement of just $10, and a range of platforms including MetaTrader 4, MetaTrader 5, cTrader, and R Trader.

 

 

7. XM

XM is one of the most popular, well-established, multi-regulated forex brokers in the industry with a global presence in more than 196 countries worldwide.

 

🔍Broker	🥇XM
🔢Year Founded	2009
👤Amount of Staff	600+
👥Amount of Active Traders	5,000,000+
📌Publicly Traded	None
📈Regulation	CySEC (Cyprus) ASIC (Australia) IFSC (Belize) FCA (UK)
🌎Country of Regulation	Cyprus Australia Belize UK
🗂️Account Segregation	✅Yes
➡️Negative Balance Protection	✅Yes
💙Investor Protection Schemes	✅Yes, up to €20,000 under CySEC
➡️Institutional Accounts	None
🫴🏻Managed Accounts	None
💴Minor Account Currencies	USD EUR GBP JPY CHF AUD HUF PLN
💵Minimum Deposit	$5
⏰Average Deposit/Withdrawal Processing Time	Within 24 hours
💷Fund Withdrawal Fee	None, but third-party fees may apply
✏️Spreads	0.6 pips
💶Commissions	Zero on Standard and Micro accounts commission on Zero accounts
🔢Number of Base Currencies Supported	11
💸Swap Fees	✅Yes
⬆️Leverage	Up to 1:1000
📉Margin Requirements	Varies by instrument and account type
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	< 1 second
🖥️VPS Hosting	✅Yes (free for eligible accounts)
📍CFDs - Total Offered	1,000+
📈CFD Stock Indices	30+
➡️CFD Commodities	15+
📊CFD Shares	1,200+
💳Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
💴Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies
💡Trading Platforms	MetaTrader 4 MetaTrader 5 XM WebTrader
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Autochartist Trading Signals VPS
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@xm.com
☎️Customer Support Contact Number	+357 25029933
📱Social Media Platforms	Facebook Twitter LinkedIn Instagram YouTube
⚙️Languages Supported on Website	30+ languages
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
👥Amount of Partners	Not publicly disclosed
🫶IB Program	✅Yes
🎁Sponsorships	✅Yes (various events and teams)
🫰🏻Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes (Micro accounts available)
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

XM charges tight spreads from 0.6 Pips, commission-free trading depending on the account traders select and high leverage up to 1:1000. (The maximum leverage for clients registered under the EU (CySEC), AU (ASIC) and Mena (DFSA) regulated entity of the Group is 30:1. Leverage depends on the financial instrument traded.)

 

Pros and Cons

 

✅Pros	❌Cons
Multi-award winning	No US clients
Well-regulated	No fixed spreads
Flexible funding methods	Low Inactivity fees on dormant accounts

 

Frequently Asked Questions

 

Can I open a demo account with XM?

Yes, XM provides demo accounts with $100,000 virtual funds to practice trading.

 

Does XM offer negative balance protection?

Yes, XM offers negative balance protection to ensure clients do not lose more than their deposited amount.

 

What trading platforms are available at XM?

XM offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and XM WebTrader.

 

What is the minimum deposit required to open an account with XM?

The minimum deposit is as low as $5.

 

 

Our Verdict

Overall, XM is a versatile and client-focused broker that provides a secure trading environment, diverse trading instruments, and robust support services. XM’s low minimum deposit of $5, high leverage of up to 1:1000, and competitive spreads starting from 0.6 pips make it accessible and attractive to a wide range of traders.

 

 

8. Blueberry Markets

Blueberry Markets is a well-regulated ECN and STP broker based in Australia. With Blueberry Markets, traders are offered a choice between more than 350 financial instruments and access to the powerful, popular MetaTrader trading platforms.

 

🔍Broker	🥇Blueberry Markets
🔢Year Founded	2016
👤Amount of Staff	50+
👥Amount of Active Traders	30,000+
📌Publicly Traded	None
📈Regulation	ASIC (Australia) SCB (Bahamas)
🌎Country of Regulation	Australia Bahamas
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes
💙Investor Protection Schemes	None
➡️Institutional Accounts	None
🫴🏻Managed Accounts	None
💴Minor Account Currencies	USD AUD EUR GBP NZD SGD CAD
💵Minimum Deposit	$100
⏰Average Deposit/Withdrawal Processing Time	Within 24 hours
💷Fund Withdrawal Fee	None
✏️Spreads	0.0 pips
💶Commissions	From $7 per lot
7️⃣Number of Base Currencies Supported	7
💸Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by instrument and account type
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	< 0.1 second
💻VPS Hosting	Available for eligible clients
🫴🏻CFDs - Total Offered	300+
➡️CFD Stock Indices	10+
💡CFD Commodities	5+
📊CFD Shares	150+
💷Deposit Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal
💳Withdrawal Options	Bank transfer Credit/Debit cards Skrill Neteller PayPal
📊Trading Platforms	MetaTrader 4 MetaTrader 5
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Trading Central Economic Calendar VPS
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@blueberrymarkets.com
☎️Customer Support Contact Number	+61 2 8404 9483
📱Social Media Platforms	Facebook Twitter LinkedIn YouTube
⚙️Languages Supported on Website	English Chinese Spanish
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
👥Amount of Partners	Not publicly disclosed
🫰🏻IB Program	✅Yes
🎁Sponsorships	No notable sponsorships
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

Blueberry Markets offers ECN solutions, commission-free trading options, and reliable trade execution speeds. The variable spreads that traders can expect are as low as 0.0 pips, with commission charges from $7 round turn.

 

Pros and Cons

 

✅Pros	❌Cons
Tight spreads and reliable trade execution	US clients are not accepted

 

Frequently Asked Questions

 

What trading platforms are available at Blueberry Markets?

Blueberry Markets offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

 

What are the spreads and commissions at Blueberry Markets?

Spreads start from 0.0 pips for Direct accounts, with a commission starting at $7 per lot.

 

What is the minimum deposit required to open an account with Blueberry Markets?

The minimum deposit is $100.

 

Are there any withdrawal fees?

Blueberry Markets does not charge any withdrawal fees, but third-party fees may apply.

 

 

Our Verdict

Overall, Blueberry Markets stands out for its client-centric approach, regulatory oversight, and comprehensive trading offerings, making it a reliable choice for traders looking for a trustworthy and efficient broker.

 

 

9. Axi

Established in 2007, Axi is a multi-regulated, popular STP and ECN broker based in Australia and the United Kingdom. Axi is an award-winning broker that was created by professional traders for other traders.

 

🔍Broker	🥇Axi
🔢Year Founded	2007
👤Amount of staff	200+
👥Amount of active traders	60,000+
📌Publicly Traded	None
📈Regulation	ASIC (Australia) FCA (UK) DFSA (UAE) FMA (New Zealand)
🌎Country of regulation	Australia United Kingdom United Arab Emirates New Zealand
🗂️Account Segregation	✅Yes
🌟Negative balance protection	✅Yes
💙Investor Protection Schemes	✅Yes (for UK clients under the FCA scheme)
📍Institutional Accounts	✅Yes
🫴🏻Managed Accounts	None
💴Minor account currencies	EUR USD GBP AUD CHF JPY NZD
💵Minimum Deposit	$0
⏰Average deposit/withdrawal processing time	1-3 business days
💳Fund Withdrawal Fee	No internal fees, but third-party charges may apply
✏️Spreads	0.0 pips (Raw Account)
💶Commissions	From $7 per lot (Raw Account)
🔢Number of base currencies supported	11
💷Swap Fees	Applicable (Swap-Free options available)
⬆️Leverage	Up to 1:500 (depending on the region and account type)
📉Margin requirements	Varies based on leverage and instrument
☪️Islamic account (swap-free)	✅Yes
🆓Demo Account	✅Yes (Unlimited, Free)
⏱️Order Execution Time	Less than 0.1 second
🖥️VPS Hosting	✅Yes (Free for eligible clients)
🚩CFDs-Total Offered	130+
📈CFD Stock Indices	11
👉CFD Commodities	16
📊CFD Shares	70+
💶Deposit Options	Bank transfer Credit/Debit Cards Skrill Neteller POLi PayPal, etc.
💴Withdrawal Options	Bank transfer Credit/Debit Cards Skrill Neteller PayPal, etc.
📊Trading Platforms	MetaTrader 4 (MT4) MetaTrader 5 (MT5) Axi One (Custom platform)
🍎OS Compatibility	Windows MacOS iOS Android
🔩Forex trading tools	Autochartist PsyQuation Economic Calendar VPS Trading Central, etc.
🫴🏻Customer Support	✅Yes
🗣️Live chat availability	✅Yes
💻Customer Support Email address	service@axi.com
☎️Customer Support Contact Number	+61 2 9965 5830 (Australia) +44 203 544 9646 (UK)
📱Social media Platforms	Facebook Twitter LinkedIn Instagram
⚙️Languages supported on Axi Website	English Spanish German French Italian Portuguese Chinese, and more
🎓Education and Research	✅Yes
✏️Forex Courses	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Video tutorials Articles eBooks Market Analysis
🤝Affiliate program	✅Yes
👥Amount of partners	Thousands globally
🫰🏻IB Program	✅Yes
🎁Sponsorships	None
🎀Rebate program	✅Yes
💰Cent or Micro Accounts?	None (Offers standard and pro accounts with different features)
🚀Open an Account	👉 Click Here

 

 

Fess, Spreads, and Commissions

Axi charges floating spreads from 0.0 pips, with commissions from $3.5 per side or $7 per round turn.

 

Pros and Cons

 

✅Pros	❌Cons
User-friendly trading solutions	No US clients
Commission-free trading	Restricted leverage for EU clients

 

Frequently Asked Questions

 

What leverage does Axi offer?

Axi offers leverage of up to 1:500, depending on the account type, instrument, and regulatory jurisdiction.

 

Does Axi offer a demo account?

Yes, Axi provides a free, unlimited demo account for traders to practice and develop their trading strategies.

 

Does Axi offer educational resources?

Yes, Axi offers a variety of educational resources, including webinars, video tutorials, eBooks, articles, and market analysis, to help traders improve their skills.

 

Does Axi have a partnership or affiliate program?

Yes, Axi offers both an Affiliate Program and an Introducing Broker (IB) Program, providing attractive commissions and rebates for partners.

 

 

Our Verdict

Axi supports its clients with multiple deposit and withdrawal methods, no internal fees, and a robust customer support system available 24/5 via live chat, email, and phone. Axi provides rewarding Affiliate and IB programs with competitive commissions and rebates.

 

 

10. FBS

Established in 2009, FBS is one of the most trusted STP and ECN forex brokers in the industry. FBS offers the trade of a vast number of instruments and offers both professional and beginner traders competitive trading conditions.

 

🔍Broker	🥇FBS
🔢Year Founded	2009
👤Amount of Staff	300+
👥Amount of Active Traders	Over 17 million
📌Publicly Traded	None
📈Regulation	FSC CySEC ASIC
🌎Country of Regulation	Belize Cyprus
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes
💙Investor Protection Schemes	✅Yes, under CySEC regulations
➡️Institutional Accounts	None
🫴🏻Managed Accounts	None
💴Minor Account Currencies	USD EUR JPY GBP, and more
💵Minimum Deposit	$1
⏰Average Deposit/Withdrawal Time	Instant to 48 hours
💳Fund Withdrawal Fee	No fees for most methods
✏️Spreads from	0.0 pips
💷Commissions	From $0 to $20 per lot, depending on account type
5️⃣Number of Base Currencies	5+
💶Swap Fees	Applicable on most accounts except for Islamic accounts
⬆️Leverage	Up to 1:3000
📉Margin Requirements	Depends on leverage and account type
☪️Islamic Account (Swap-free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	From 0.3 seconds
🖥️VPS Hosting	✅Yes
🫴🏻CFDs-Total Offered	200+
👉CFD Stock Indices	✅Yes
📈CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems
💳Withdrawal Options	Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems
↪️Trading Platforms	MetaTrader 4 (MT4) MetaTrader 5 (MT5) FBS Trader App
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Economic calendar Forex calculators Market analysis VPS Trading signals
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes, 24/7
💻Customer Support Email Address	support@fbs.com
☎️Customer Support Contact Number	Callback Option
📱Social Media Platforms	Facebook Instagram YouTube Twitter LinkedIn Telegram
⚙️Languages Supported on Website	20+ (including English, Spanish, Portuguese, Chinese, Arabic, etc.)
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles videos eBooks webinars tutorials
🤝Affiliate Program	✅Yes
👥Amount of Partners	450,000+
🫰🏻IB Program	✅Yes
🎁Sponsorships	No significant sponsorships
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

FBS is a broker that caters to the trading needs of both retail traders and professionals with 0-pip spreads, low commission charges, and high maximum leverage up to 1:3000.

 

Pros and Cons

 

✅Pros	❌Cons
Low minimum deposit requirement	US, Japan, Israel, Canada, and some other regions not accepted
Range of trading instruments	High spreads on cent accounts
CopyTrade offered	Inactivity fee charged

 

Frequently Asked Questions

 

Does FBS offer a rebate or cashback program?

Yes, FBS has a rebate program where traders can receive cashback on their trades.

 

Does FBS provide VPS hosting services?

Yes, FBS offers free VPS hosting for eligible clients to ensure a stable trading environment with low latency.

 

What types of accounts does FBS offer?

FBS provides several account types, including Standard, Cent, Micro, Zero Spread, and ECN accounts, each catering to different trading needs and experience levels.

 

Does FBS offer Islamic (swap-free) accounts?

Yes, FBS offers Islamic (swap-free) accounts for traders who wish to trade without swap or rollover fees.

 

 

Our Verdict

FBS combines competitive trading conditions, regulatory security, and extensive support to provide a well-rounded trading experience suitable for all levels of traders. The availability of Cent accounts, Islamic accounts, and a demo account further solidifies its position as a versatile broker catering to the diverse needs of traders.

 

 

11. OctaFX

Octa is a popular forex broker that is based in Saint Vincent and the Grenadines. Octa offers a choice of flexible investor accounts that suit all experience levels.

 

🔍Broker	🥇OctaFX
🔢Year Founded	2011
👤Amount of Staff	300+
👥Amount of Active Traders	Over 1.5 million
📌Publicly Traded	None
📈Regulation	Unregulated
🌎Country of Regulation	N/A
🗂️Account Segregation	✅Yes
❌Negative Balance Protection	✅Yes
💙Investor Protection Schemes	None
➡️Institutional Accounts	None
🫴🏻Managed Accounts	None
💴Minor Account Currencies	EUR USD
💵Minimum Deposit	$25
⏰Average Deposit/Withdrawal Processing Time	Within 1-3 hours
💳Fund Withdrawal Fee	No fees
✏️Spreads from	0.6 pips
💶Commissions	Zero commissions
2️⃣Number of Base Currencies Supported	2 (USD, EUR)
💷Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Varies by account type and leverage
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏱️Order Execution Time	0.1 seconds
🖥️VPS Hosting	✅Yes (free upon meeting conditions)
➡️CFDs-Total Offered	200+
📈CFD Stock Indices	✅Yes
👉CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank Transfer Credit/Debit Card E-Wallets Crypto
💳Withdrawal Options	Bank Transfer Credit/Debit Card E-Wallets Crypto
📊Trading Platforms	MetaTrader 4 (MT4) MetaTrader 5 (MT5) OctaFX WebTrader
🍎OS Compatibility	Windows MacOS Android iOS
🔩Forex Trading Tools	Economic Calendar Trading Calculators CopyTrading
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@octafx.com
☎️Customer Support Contact Number	Not publicly listed
📱Social Media Platforms	Facebook Twitter Instagram YouTube
⚙️Languages Supported on Website	English Spanish Portuguese Indonesian Hindi Urdu Chinese, and more
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
🖥️Webinars	✅Yes
📖Educational Resources	Articles Video Tutorials Market Analysis
🤝Affiliate Program	✅Yes
👤Amount of Partners	Not disclosed
🫰🏻IB Program	✅Yes
🎁Sponsorships	✅Yes, sponsored motorsports and esports events
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

With Octa, traders are charged with low and variable spreads that start from 0.0 pips, with ultra-low commissions from $0.02, and decent leverage up to 1:500.

 

Pros and Cons

 

✅Pros	❌Cons
Sophisticated trading platforms	No UK or US clients

 

Frequently Asked Questions

 

Does OctaFX offer a demo account?

Yes, OctaFX offers a free demo account that allows traders to practice trading without risking real money.

 

Does OctaFX offer an Islamic (swap-free) account?

Yes, OctaFX offers Islamic (swap-free) accounts for traders who follow Sharia law.

 

Does OctaFX provide VPS hosting?

Yes, OctaFX offers VPS hosting for free, provided traders meet certain trading volume conditions.

 

Does OctaFX provide educational resources?

Yes, OctaFX provides a wide range of educational resources, including webinars, articles, video tutorials, and market analysis.

 

 

Our Verdict

While OctaFX lacks formal regulatory oversight, its user-centric approach, low-cost trading environment, and robust customer support make it a strong choice for many traders around the world.

 

 

12. IC Markets

IC Markets has been in operation since 2007 and is one of the largest ECN forex brokers in the industry with rapid trade execution speeds, deep liquidity, and a range of reliable liquidity providers.

 

🔍Broker	🥇IC Markets
🔢Year Founded	2007
👤Amount of Staff	Over 200
👥Amount of Active Traders	Over 200,000
📌Publicly Traded	None
📈Regulation	ASIC CySEC FSA SCB
🌎Country of Regulation	Australia Cyprus Seychelles
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes (varies by regulation)
💙Investor Protection Schemes	✅Yes (under CySEC regulation)
➡️Institutional Accounts	✅Yes
🫴🏻Managed Accounts	None
💴Minor Account Currencies	AUD USD EUR GBP SGD JPY CHF NZD HKD CAD
💵Minimum Deposit	$200
⏰Average Deposit/Withdrawal Processing Time	1-2 business days
💳Fund Withdrawal Fee	None
✏️Spreads from	0.0 pips (Raw Spread Account)
💶Commissions	$3.5 per side per lot (Raw Spread Account)
🔟Number of Base Currencies Supported	10
💷Swap Fees	✅Yes
⬆️Leverage	Up to 1:500
📉Margin Requirements	Depends on leverage and instrument
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	40 milliseconds
🖥️VPS Hosting	✅Yes (free under certain trading conditions)
📈CFDs-Total Offered	Over 2,000
↪️CFD Stock Indices	✅Yes
👉CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank Transfer Credit/Debit Cards PayPal Skrill Neteller UnionPay, etc.
💳Withdrawal Options	Bank Transfer Credit/Debit Cards PayPal Skrill Neteller UnionPay, etc.
📊Trading Platforms	MetaTrader 4 (MT4) MetaTrader 5 (MT5) cTrader
🍎OS Compatibility	Windows Mac iOS Android
✏️Forex Trading Tools	Market analysis Economic calendar VPS Autochartist Myfxbook
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@icmarkets.com
☎️Customer Support Contact Number	+61 (0)2 8014 4280
📱Social Media Platforms	Facebook Twitter LinkedIn Instagram YouTube
⚙️Languages Supported on Website	English Chinese Spanish French German, and more
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
🖥️Webinars	✅Yes
📖Educational Resources	Articles video tutorials eBooks webinars FAQs
🤝Affiliate Program	✅Yes
👤Amount of Partners	Not specified
🫰🏻IB Program	✅Yes
🎁Sponsorships	No known sponsorships
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	None
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

IC Markets is multi-regulated by trusted market regulators and offers retail traders a choice in trading accounts with commission-free trading options available.
In addition to this, traders are also offered competitive spreads from 0.0 pips, low commission charges, and high leverage ratios.

 

Pros and Cons

 

✅Pros	❌Cons
Well-regulated	No fixed spreads
Low trading and non-trading fees	No US clients

 

Frequently Asked Questions

 

Does IC Markets have any rebate or loyalty programs?

Yes, IC Markets offers a rebate program for partners and clients who qualify under their Introducing Broker (IB) program.

 

What types of accounts does IC Markets offer?

IC Markets offers three main types of accounts: Standard Account, Raw Spread Account, and cTrader Raw Spread Account. Each account type caters to different trading needs and styles.

 

Are there any withdrawal fees with IC Markets?

IC Markets does not charge withdrawal fees; however, some payment providers may apply their fees.

 

What trading platforms are available on IC Markets?

IC Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader trading platforms, compatible with Windows, Mac, iOS, and Android devices.

 

 

Our Verdict

The broker caters to a wide range of traders, from beginners to experienced professionals, with a variety of account types, including Standard, Raw Spread, and Islamic (swap-free) accounts. Overall, IC Markets is a strong choice for traders looking for reliability, transparency, and a competitive trading environment.

 

 

13. Exness

Exness is another popular, well-regulated, and trusted forex broker that offers traders from around the world the chance to participate in global financial markets.

 

🔍Broker	🥇Exness
🔢Year Founded	2008
👤Amount of Staff	1,200+
👥Amount of Active Traders	Over 400,000
📌Publicly Traded	None
📈Regulation	FSA CBCS FSC FSC BVI FSCA CySEC FCA CMA
🌎Country of Regulation	UK Cyprus South Africa Seychelles Curaçao
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes
💙Investor Protection Schemes	✅Yes as per regulatory requirements
➡️Institutional Accounts	None
🫴🏻Managed Accounts	None
💴Minor Account Currencies	✅Yes
💵Minimum Deposit	$10
⏰Average Deposit/Withdrawal Processing Time	Instant for most payment methods
💳Fund Withdrawal Fee	None
✏️Spreads from	0.0 pips on Raw Spread accounts
💶Commissions	From $3.5 per lot on Raw Spread accounts
🔢Number of Base Currencies Supported	Over 80
💷Swap Fees	✅Yes, swap-free options available for certain accounts
⬆️Leverage	Up to 1:2000 (unlimited for certain conditions)
📉Margin Requirements	Variable based on leverage and instruments
☪️Islamic Account (Swap-Free)	✅Yes, available upon request
🆓Demo Account	✅Yes
⏰Order Execution Time	0.01 seconds on average
🖥️VPS Hosting	✅Yes available for free on meeting certain criteria
📈CFDs-Total Offered	Over 100
👉CFD Stock Indices	✅Yes
📉CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank transfer Credit/debit cards e-wallets Cryptocurrencies
💳Withdrawal Options	Bank transfer Credit/debit cards e-wallets Cryptocurrencies
📊Trading Platforms	MetaTrader 4 MetaTrader 5 Exness Web Terminal
🍎OS Compatibility	Windows Mac iOS Android
🔩Forex Trading Tools	Technical analysis tools Trading calculators VPS
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes, 24/7
💻Customer Support Email Address	support@exness.com
☎️Customer Support Contact Number	Varies by region, generally available on their website
📱Social Media Platforms	Facebook Twitter Instagram YouTube
⚙️Languages Supported on Website	Multiple, including English Chinese Arabic Russian, etc.
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes online courses available
🖥️Webinars	✅Yes
📖Educational Resources	Articles videos e-books trading guides
🤝Affiliate Program	✅Yes
👤Amount of Partners	Thousands
🫰🏻IB Program	✅Yes
🎁Sponsorships	None
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes Cent accounts available
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

Exness is known for its tailor-made solutions and financial services alongside a plethora of investing opportunities. Retail traders and institutional investors can expect competitive and variable spreads from as low as 0.0 pips and commissions from $3.5 per lot per side.

 

Pros and Cons

 

✅Pros	❌Cons
High maximum leverage ratio	Multi-currency accounts not offered
Well-regulated	No US clients

 

Frequently Asked Questions

 

Are there any fees for deposits and withdrawals?

Exness generally does not charge fees for deposits and withdrawals. However, third-party charges may apply depending on the payment method used.

 

What customer support options are available at Exness?

Exness provides 24/7 customer support via live chat, email, and phone in multiple languages to cater to its global client base.

 

Does Exness offer any bonuses or promotions?

Exness does not typically offer bonuses or promotions, focusing instead on providing low-cost trading, competitive spreads, and high-quality services.

 

Is Exness suitable for beginners?

Yes, Exness is suitable for beginners, offering a low minimum deposit, educational resources, demo accounts, and user-friendly trading platforms.

 

 

Our Verdict

With regulation from several top-tier financial authorities, Exness prioritizes client safety and transparency by providing account segregation, negative balance protection, and a robust investor protection framework.

 

 

14. FXTM

Established in 2011, FXTM is another popular and well-regulated forex broker that offers trade in more than 250 financial instruments in global markets.

 

🔍Broker	🥇FXTM
🔢Year Founded	2011
👤Amount of Staff	Over 800
👥Amount of Active Traders	Over 4 million
📌Publicly Traded	None
📈Regulation	FCA CySEC FSC
🌎Country of Regulation	UK Cyprus South Africa Mauritius
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes
💙Investor Protection Schemes	✅Yes (varies by regulatory entity)
➡️Institutional Accounts	✅Yes
🫴🏻Managed Accounts	None
💴Minor Account Currencies	USD EUR GBP NGN
💵Minimum Deposit	$10 for Cent Accounts
⏰Average Deposit/Withdrawal Processing Time	Instant - 24 hours
💳Fund Withdrawal Fee	None (but third-party fees may apply)
✏️Spreads from	0.0 pips
💶Commissions	$0 - $4 per lot depending on account type
4️⃣Number of Base Currencies Supported	4
💷Swap Fees	✅Yes
⬆️Leverage	Up to 1:2000
📉Margin Requirements	Based on leverage
☪️Islamic Account (Swap-Free)	✅Yes
🆓Demo Account	✅Yes
⏰Order Execution Time	0.05 seconds (Average)
🖥️VPS Hosting	✅Yes (Free with conditions)
📈CFDs-Total Offered	Over 250
👉CFD Stock Indices	✅Yes
📉CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.)
💳Withdrawal Options	Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.)
📊Trading Platforms	MetaTrader 4 MetaTrader 5 FXTM Trader App
🍎OS Compatibility	Windows macOS iOS Android
🔩Forex Trading Tools	Forex calculators VPS Trading signals Market analysis tools
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@fxtm.com
☎️Customer Support Contact Number	+44 203 734 1098
📱Social Media Platforms	Facebook Twitter Instagram LinkedIn YouTube
⚙️Languages Supported on Website	16+
🎓Education and Research	✅Yes
✏️Forex Course	✅Yes
💻Webinars	✅Yes
📖Educational Resources	Articles tutorials eBooks Video tutorials
🤝Affiliate Program	✅Yes
👤Amount of Partners	Over 1,000
🫰🏻IB Program	✅Yes
🎁Sponsorships	No notable current sponsorships
🎀Rebate Program	✅Yes
💰Cent or Micro Accounts	✅Yes (Cent Account)
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

With FXTM, traders can expect 0-pip spreads and ultra-low commissions, flexible funding methods, and a safe trading environment.

 

Pros and Cons

 

✅Pros	❌Cons
Well-regulated	Inactivity fee charged
Flexible trading accounts	US clients not accepted

 

Frequently Asked Questions

 

Does FXTM offer Cent or Micro Accounts?

Yes, FXTM offers Cent Accounts for trading with lower initial deposits and smaller trade sizes.

 

What trading instruments are available?

FXTM offers over 250 CFDs, including stock indices, commodities, and shares.

 

What leverage does FXTM offer?

FXTM offers leverage up to 1:2000, depending on the account type and regulatory jurisdiction.

 

Is there a minimum deposit requirement?

Yes, the minimum deposit varies by account type. For Cent Accounts, it starts at $10.

 

 

Our Verdict

FXTM is recognized for its wide range of trading instruments, including over 250 CFDs, and its robust support infrastructure, making it a strong choice for both retail and institutional traders.

 

 

15. FXDD

FXDD is a Malta and Mauritius-based ECN and Market Maker forex and CFD broker and a popular name in the industry. With FXDD, traders can expect a plethora of trading opportunities and a selection of useful trading tools that will help traders refine their trading and add a competitive edge.

 

🔍Broker	🥇FXDD
🔢Year Founded	2002
👤Amount of Staff	100-200
👥Amount of Active Traders	Not specified
📌Publicly Traded	None
📈Regulation	MFSC MFSA LFSA SBS
🌎Country of Regulation	United States Malta
🗂️Account Segregation	✅Yes
🌟Negative Balance Protection	✅Yes
💙Investor Protection Schemes	Not specified
➡️Institutional Accounts	Available
🫴🏻Managed Accounts	Available
💴Minor Account Currencies	USD EUR GBP AUD JPY, etc.
💵Minimum Deposit	$100
⏰Average Deposit/Withdrawal Processing Time	1-2 business days
💳Fund Withdrawal Fee	Varies by method
✏️Spreads From	1.0 pips
💶Commissions	Varies by account type and trading conditions
6️⃣Number of Base Currencies Supported	6
💷Swap Fees	Varies by currency and account type
⬆️Leverage	Up to 1:400
📉Margin Requirements	Varies by account type and leverage
☪️Islamic Account (Swap-Free)	Available
🆓Demo Account	Available
⏱️Order Execution Time	1-2 seconds
🖥️VPS Hosting	Not specified
📈CFDs-Total Offered	30+
↪️CFD Stock Indices	✅Yes
📉CFD Commodities	✅Yes
📊CFD Shares	✅Yes
💴Deposit Options	Bank transfer Credit/debit cards e-wallets
💳Withdrawal Options	Bank transfer Credit/debit cards e-wallets
📊Trading Platforms	MetaTrader 4 MetaTrader 5
🍎OS Compatibility	Windows Mac iOS Android
🔩Forex Trading Tools	Advanced charting, technical indicators, news feeds
🫴🏻Customer Support	✅Yes
🗣️Live Chat Availability	✅Yes
💻Customer Support Email Address	support@fxdd.com
☎️Customer Support Contact Number	Not specified
📱Social Media Platforms	Facebook Twitter LinkedIn
⚙️Languages Supported on FBS Website	English Spanish Chinese Arabic, etc.
🎓Education and Research	✅Yes
✏️Forex Course	Not specified
💻Webinars	Not specified
📖Educational Resources	Trading guides, tutorials, market analysis
🤝Affiliate Program	✅Yes
👤Amount of Partners	Not specified
🫰🏻IB Program	✅Yes
🎁Sponsorships	Not specified
🎀Rebate Program	Not specified
💰Cent or Micro Accounts	Not specified
🚀Open an Account	👉 Click Here

 

 

Fees, Spreads, and Commissions

Traders are also provided with an in-depth market analysis, educational materials, and competitive trading conditions that consist of tight spreads from 0.0 pips and ultra-low commissions from $0.02 on some major currency pairs.

 

Pros and Cons

 

✅Pros	❌Cons
Well-regulated	US clients not accepted
Client funds kept in segregated accounts	Restricted leverage for EU clients
Negative balance protection applied to retail accounts	Fixed spread accounts not offered
Member of an investor compensation scheme	Limited funding options

 

Frequently Asked Questions

 

Does FXDD provide negative balance protection?

Negative balance protection is not guaranteed and may depend on the jurisdiction and regulatory requirements.

 

What are the average deposit and withdrawal processing times at FXDD?

Processing times are not specifically disclosed and may vary.

 

What is the leverage offered by FXDD?

Leverage information is not readily available and may vary.

 

What trading platforms does FXDD use?

FXDD typically used platforms like MetaTrader 4, but specifics are not currently available.

 

 

Our Verdict

The broker typically supported various trading instruments, including forex and CFDs, but specifics on deposit and withdrawal options, processing times, and associated fees were not explicitly detailed.

 

 

What to look for when choosing a Forex Broker with Low Spreads

 

When traders are looking to start with a forex broker, or they are moving from one to the other, there are some key considerations before choosing one, and the spread is one of these considerations.

The spread is the difference between the bid and ask price and it is indicated in pips. Even though pips are the smallest measurement with which a price can move either up or down, it can make the difference between a profit and a loss, no matter how great or small.

Spreads are typically applied in forex trading rather than a fixed rate or a commission. The spread is how the forex broker makes their profit and traders are subjected to either fixed or floating/variable spreads.

It would seem logical for traders to choose a broker that offers the lowest spreads from a cost-effective point of view. However, this is not the only reason why traders consider brokers that offer low spreads.

Brokers that offer low spreads are ideal for scalpers or day traders who open and close positions in short periods and who make small profits within a single trading day.

 

 

Pros and Cons

 

✅Pros	❌Cons
Fast execution speeds due to tight spreads.	Low spreads might be accompanied by higher commissions or fees on trades
Lower transaction costs due to tight spreads.	Potential for additional costs such as withdrawal fees or inactivity fees.
Increased potential for profit, especially for short-term traders.	Not all account types may benefit equally from low spreads.

 

In Conclusion

Now it is your turn to participate:

 

• Which low-spread broker from this list do you intend to test out?
• What was the determining factor in your decision to engage with a certain broker?
• Was it because of the Low Spreads or the Pros and Cons?

 

Regardless, please share your thoughts in the comments below.

 

You Might Also like

 

• 10 Best UK Brokers
• High Leverage Forex Brokers
• 12 Most Successful Forex Traders in The World
• Forex Brokers with a $50 minimum Deposit

 

Frequently Asked Questions

 

Do FP Markets have Cent or Micro Accounts?

FP Markets offers Micro Accounts with smaller trade sizes.

 

What is the minimum deposit required at Key to Markets?

The minimum deposit varies depending on the account type; it generally starts from $100.

 

What is the average deposit/withdrawal processing time at Vantage FX?

Deposits are usually processed immediately, while withdrawals can take up to 1-3 business days.

 

What regulations does HFM adhere to?

HFM is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.

 

Is there an Islamic (swap-free) account available at Tickmill?

Yes, Tickmill offers Islamic (swap-free) accounts.

 

Are there commissions at RoboForex?

Commissions may apply depending on the account type and trading conditions.

 

What leverage does XM offer?

XM offers leverage up to 1:888.

 

Does Blueberry Markets offer forex courses?

Blueberry Markets provides educational resources, including forex courses.

 

Are there any fees for fund withdrawals at AXI?

Withdrawal fees may apply depending on the payment method used.

 

What are the typical spreads at OctaFX?

Spreads start from 0.4 pips on certain accounts and can vary based on the account type and market conditions.

 

Is there a rebate program at IC Markets?

Rebate programs may be available; it’s advisable to check with the broker directly.

 

Does Exness have a partnership program?

Yes, Exness has an Affiliate Program and an Introducing Broker (IB) Program, offering partners competitive commissions and rebates.

 

Does FXTM offer a demo account?

Yes, FXTM offers demo accounts to practice trading with virtual funds

 

Does FXDD provide VPS hosting?

Information on VPS hosting is not readily available.

 

What is the spread and what is a pip?

The spread is the difference between the bid/ask price indicated in pips, which is the smallest measurement with which a price can either move up or down.

 

What are the tightest spreads offered in Forex?

The tightest spreads that are offered in forex trading is 0.0 pips.

 

Why are low spreads important in forex trading?

They are important as they mean lower trading costs for traders. They are also ideal for scalpers and day traders who make a profit on quick trades.

 

Are these Forex brokers well-regulated and safe to use?

Yes, these brokers are some of the best forex brokers in the industry in terms of safety, regulation, and transparency.

 

Do these forex brokers offer demo accounts?

Most of these forex brokers offer demo accounts that can be used either as practice accounts, or risk-free environments to test and back-test trading strategies.

 

Are these forex brokers safe to use?

Yes, these forex brokers are well-regulated and guarantee client fund security by using segregated accounts.

 

Which Forex brokers offer the best low spreads in 2025?

The brokers discussed in this article are the best forex brokers that offer the lowest spreads.