Trading Academy
Forex Glossary
Trading Guides
Blog
Best Low Spread Forex Brokers Australia 2026
Top ASIC-regulated brokers with the tightest spreads for Australian traders seeking cost-effective forex trading.
Written by
Edith Balazs
Fact Checked by
Marcus Thompson
Top 10 Low Spread Brokers for Australian Traders in 2026
Tight spreads directly impact your trading profitability. If you asked, "**can you compare the top 3 raw spread brokers in australia**?", our data points to Exness, Axi, and ThinkMarkets as the leaders for 2026. We've identified ASIC-regulated brokers offering the most competitive spreads on major and minor forex pairs. Our rankings prioritize brokers with consistently low spreads, transparent pricing, and no hidden fees - especially on AUD pairs popular with local traders.
Why Trust BrokerAnalysis?
We test brokers with real money. Our reviews are based on data, not payments. Learn more
What is a good spread for Australian traders?
For AUD/USD, a spread under 0.5 pips is considered excellent. Raw spread accounts offer 0.0-0.2 pip spreads plus commission. For standard accounts, look for AUD/USD spreads under 1.0 pip.
Quick Picks
Spread Comparison
Compare spreads on major and AUD forex pairs.
| Broker | Action | ||
|---|---|---|---|
| Exness | 0.0 | 0.1 | Open Account |
| BlackBull Markets | 0.0 | 0.2 | Open Account |
| RoboForex | 0.0 | 0.3 | Open Account |
| Axi | 0.0 | 0.2 | Open Account |
| ThinkMarkets | 0.0 | 0.2 | Open Account |
| Pepperstone | 0.1 | 0.2 | Open Account |
| FP Markets | 0.0 | 0.1 | Open Account |
| Vantage | 0.0 | 0.2 | Open Account |
| IC Markets | 0.0 | 0.1 | Open Account |
| Eightcap | 0.0 | 0.2 | Open Account |
Detailed Broker Analysis
Raw spreads from 0.0 pips with instant execution.
Exness offers industry-leading low spreads from 0.0 pips on their Raw Spread account. Instant withdrawals and no inactivity fees make them ideal for cost-conscious Australian traders.
Pros
- Industry-leading withdrawal speed (instant/seconds)
- Exceptional transparency with public financial reports
- Massive liquidity - $4.5+ trillion monthly volume
- No inactivity, deposit, or withdrawal fees
Cons
- Not available to EU retail clients, US, UK, Canada, Australia
- Retail clients routed to offshore entities for leverage
- Customer support can be busy during peak times
- Limited stock CFD selection compared to competitors
Sydney-based broker with ultra-tight spreads.
Axi is an Australian-founded broker offering raw spreads from 0.0 pips on their Pro account. ASIC-regulated with local support and POLi instant deposits.
Pros
- No minimum deposit on Standard and Pro accounts
- Strong ASIC and FCA regulation
- Competitive raw spreads from 0.0 pips
- Axi Select capital allocation program
Cons
- Inactivity fee after 12 months ($10/month)
- Elite account requires $25,000 minimum
- Limited stock CFD selection compared to competitors
- No ETFs available
Melbourne broker with ThinkZero spreads.
ThinkMarkets is headquartered in Melbourne offering ThinkZero accounts with raw spreads. No inactivity fees and excellent ThinkTrader platform.
Pros
- Award-winning ThinkTrader mobile app
- Strong multi-regulatory oversight (8 regulators)
- $1M insurance protection beyond standard coverage
- Raw spreads from 0.0 pips on ThinkZero
Cons
- Standard account spreads average compared to competitors
- ThinkZero requires $500 minimum deposit
- Not publicly traded
- Limited cryptocurrency leverage (2:1 in regulated regions)
Low commissions with tight spreads.
BlackBull Markets offers raw spreads with competitive $3 per lot commissions. True ECN execution with cTrader platform support.
Pros
- FMA Tier-1 regulation (New Zealand)
- 26,000+ instruments via BlackBull Shares
- Excellent ECN execution (<75ms latency)
- Direct TradingView integration
Cons
- $5 flat withdrawal fee on all methods
- ECN Institutional requires $20,000 minimum
- Limited cryptocurrency selection
- No FSCS or ICF investor compensation
ECN with cTrader and low spreads.
RoboForex provides true ECN execution with raw spreads and cTrader support. Low $10 minimum deposit makes them accessible for new traders.
Pros
- Low $10 minimum deposit
- High leverage up to 1:2000
- Excellent CopyFX copy trading
- Powerful R StocksTrader platform
Cons
- Offshore regulation (FSC Belize - Tier-3)
- Not available in USA/EU/UK/Australia
- Mixed customer reviews on withdrawals
Award-winning Australian low spread broker.
Pepperstone is Australia's most trusted broker with Razor accounts offering raw spreads. Multiple platform options including cTrader and TradingView.
Pros
- Regulated by 7 jurisdictions including 4 Tier-1
- Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
- Fast execution - ideal for scalpers/EAs
- MT4, MT5, cTrader, TradingView support
Cons
- Standard account spreads wider than Razor
- Commission varies by platform
- No proprietary mobile app
- Research less extensive than IG
Sydney pioneer with institutional spreads.
IC Markets offers some of the lowest spreads in Australia with true ECN execution. Popular among professional traders for exceptional AUD pair pricing.
Pros
- ASIC and CySEC Tier-1 regulation
- Ultra-tight raw spreads from 0.0 pips
- Excellent for scalping and EAs
- Low latency execution (Equinix)
Cons
- $200 minimum deposit
- Limited educational resources
- Research tools could be expanded
- No FSCS protection
Sydney broker with DMA pricing.
FP Markets provides DMA access with raw spreads and deep liquidity. Strong ASIC regulation with competitive pricing on AUD crosses.
Pros
- ASIC and CySEC Tier-1 regulation
- Raw spreads from 0.0 pips
- 10,000+ instruments available
- Excellent platform variety (MT4/MT5/cTrader/Iress/TradingView)
Cons
- Iress platform requires $1,000 minimum
- Limited cryptocurrency selection
- Demo account expires after 30 days
- Iress monthly fee (waivable)
Melbourne broker with TradingView.
Eightcap offers raw spreads with TradingView integration. ASIC-regulated Melbourne broker with competitive pricing on crypto and forex.
Pros
- Best in class for Crypto CFDs
- Great automation tools
- TradingView direct integration
Cons
- Educational content is thin
- Stock selection limited compared to big players
ASIC broker with competitive commissions.
Vantage offers raw spreads with some of the lowest commissions in Australia. ASIC-regulated with ProTrader tools and VPS hosting.
Pros
- Strong ASIC & FCA regulation
- Competitive Raw ECN pricing
- Excellent social trading options
- Free VPS for active traders
Cons
- High minimum deposit for Pro account
- Limited crypto selection
Frequently Asked Questions
Top Low Spread Forex Brokers Australia
Get your personalized toplist:
FIND MY BROKERInformation on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026