Top 10 Lowest Spread Forex Brokers in the World

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If you trade forex regularly, you know that even a small difference in spreads can impact your results. The spread—the gap between the buy and sell price—represents the cost of each trade. Over time, those small differences can add up.

In 2025, there have been several brokers who have proven themselves as consistent leaders for offering low spreads, reliable execution, and solid regulation. Below is a look at ten that stand out globally for tight pricing and trustworthy service.

1. Alchemy Markets

Alchemy Markets has become a competitive choice among cost-conscious traders thanks to its low spreads and institutional-grade execution. On major pairs such as EUR/USD, spreads typically start from around 0.2 pips, depending on account type and market conditions.

The broker offers both MT4 and MT5 platforms, with access to forex, commodities, and indices. Execution is quick, and pricing transparency has helped it attract a growing global client base.

If you’re looking for a tight spread broker that maintains professional standards without unnecessary complexity, Alchemy Markets is worth considering, particularly for experienced traders who focus on short-term precision.

2. Tickmill

Tickmill continues to be a top performer for low-cost trading, especially with its RAW and ECN account options. Spreads can reach 0.0 pips on major pairs, with a small commission per trade.

It’s regulated across several major jurisdictions and appeals to both retail and institutional clients seeking competitive costs and reliable execution.

3. IC Markets

IC Markets remains one of the most widely used brokers among professionals. It’s known for its liquidity access and low spreads that average around 0.8 pips on EUR/USD.

The broker’s technology supports high-frequency and algorithmic trading with fast order processing and low latency, brilliant for active traders who rely on speed.

4. FP Markets

FP Markets has very low spreads with a solid range of markets, with spreads on major pairs usually sit between 0.0 and 1.2 pips, depending on the account.

The platform runs on both MT4 and MT5, offers reliable execution, and provides an extensive set of educational tools, making it a strong choice for newer traders who want professional-level pricing.

5. Pepperstone

Pepperstone remains a favourite for traders who want fast execution and low spreads. Its Razor account offers raw spreads from 0.0 pips, plus a small commission.

The broker’s access to multiple platforms (including MetaTrader, cTrader, and TradingView) makes it flexible for all types of strategies, from scalping to swing trading.

6. IG

IG has decades of experience and remains one of the most trusted global brokers. Its spreads on major pairs average around 0.9 pips, but its strength lies in reliability, market depth, and customer support.

IG is especially appealing for traders who prefer a mix of forex, shares, and indices under one account, combined with strong research tools.

7. CMC Markets

CMC Markets consistently offers tight spreads and strong liquidity, and on its main account, spreads on EUR/USD often start from 0.6 pips, and the platform provides high-quality charting and execution tools.

It’s a great option for traders who like detailed analytics and a polished trading interface.

8. Global Prime

Global Prime offers transparent ECN pricing and allows traders to verify execution details, something few brokers provide. Typical spreads hover around 1.1 pips on EUR/USD.

Its commitment to fairness and traceable execution has earned it a reputation among experienced traders who value accountability.

9. Fusion Markets

Fusion Markets is known for simplicity and affordability. Spreads on major pairs often start around 0.8 to 1.0 pips, and its low trading costs are paired with quick setup and responsive support.

It’s a popular choice for traders who want a no-frills, low-cost environment without sacrificing performance.

10. OANDA

OANDA is a well-established global broker offering competitive spreads, around 0.6 pips on major pairs, and a long-standing reputation for reliability.

Its trading platform is simple, secure, and well-suited to both beginners and long-term investors looking for steady, transparent pricing.

Quick Comparison of Leading Brokers (2025)

Broker

Best For

Platform Options

Typical EUR/USD Spread*

Alchemy Markets

Professional traders

MT4, MT5, Web

~0.2 pips

Tickmill

Active traders

MT4, MT5

From 0.0 pips

IC Markets

High-volume traders

MT4, MT5, cTrader

~0.8 pips

FP Markets

All-round balance

MT4, MT5

~1.2 pips

Pepperstone

Scalpers and day traders

MT4, cTrader, TradingView

~0.4–0.8 pips

IG

Trusted multi-asset broker

Proprietary, MT4

~0.9 pips

CMC Markets

Technical traders

Next Generation, MT4

~0.6 pips

Global Prime

Transparency-focused traders

MT4, MT5

~1.1 pips

Fusion Markets

Low-cost trading

MT4, MT5

~1.0 pips

OANDA

Long-term reliability

Proprietary, MT4

~0.6 pips

*Spreads are indicative and vary by region, account type, and market conditions.

Before You Choose a Broker

Check regulation – only trade with brokers licensed by recognised authorities.
Look beyond spreads – account for commissions, funding fees, and platform features.
Test before trading live – a demo account gives a true sense of execution and pricing.
Match to your trading style – scalpers, swing traders, and investors may all have different needs.

Choosing the Right Broker for You

Trading with a broker that offers low spreads can make your strategy more efficient, especially if you trade frequently.

Alchemy Markets, Pepperstone, and IC Markets are among the standout choices for 2025, but each broker on this list offers competitive pricing and reliability. The key is to choose the one that aligns with your trading goals, preferred platform, and comfort level.

A tight spread helps, but consistency, security, and trust matter just as much.