Best Low Spread Forex Brokers Australia 2026

Best Low Spread Forex Brokers Australia 2026

Top ASIC-regulated brokers with the tightest spreads for Australian traders seeking cost-effective forex trading.

Edith Balazs

Written by

Edith Balazs

Marcus Thompson

Fact Checked by

Marcus Thompson

Last reviewed:
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. For Australian traders, 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.

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.

Spread Comparison

Compare spreads on major and AUD forex pairs.

Broker
Exness0.00.1
Axi0.00.2
ThinkMarkets0.00.2
BlackBull Markets0.00.2
RoboForex0.00.3
Pepperstone0.10.2
IC Markets0.00.1
FP Markets0.00.1
Eightcap0.00.2
Vantage0.00.2

Detailed Broker Analysis

Recommended
Raw spreads from 0.0 pips with instant execution.
4.6/5App Score

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.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs107
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, POLi
Withdrawal fee$0
Recommended
Sydney-based broker with ultra-tight spreads.
4.4/5App Score

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.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
ThinkMarkets logo
ThinkMarkets
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Recommended
Melbourne broker with ThinkZero spreads.
4.3/5App Score

ThinkMarkets is headquartered in Melbourne offering ThinkZero accounts with raw spreads. No inactivity fees and excellent ThinkTrader platform.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs80
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
BlackBull Markets logo
BlackBull Markets
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Recommended
Low commissions with tight spreads.
4.2/5App Score

BlackBull Markets offers raw spreads with competitive $3 per lot commissions. True ECN execution with cTrader platform support.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, Skrill
Withdrawal fee$0
RoboForex logo
RoboForex
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Recommended
ECN with cTrader and low spreads.
4.1/5App Score

RoboForex provides true ECN execution with raw spreads and cTrader support. Low $10 minimum deposit makes them accessible for new traders.

Forex spread classUltra-Low
Minimum deposit$10
Inactivity fee$0
Currency pairs36
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Crypto
Withdrawal fee$0
Pepperstone logo
Pepperstone
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Recommended
Award-winning Australian low spread broker.
4.6/5App Score

Pepperstone is Australia's most trusted broker with Razor accounts offering raw spreads. Multiple platform options including cTrader and TradingView.

Forex spread classUltra-Low
Minimum deposit$0
Inactivity fee$0
Currency pairs97
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
IC Markets logo
IC Markets
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Recommended
Sydney pioneer with institutional spreads.
4.5/5App Score

IC Markets offers some of the lowest spreads in Australia with true ECN execution. Popular among professional traders for exceptional AUD pair pricing.

Forex spread classUltra-Low
Minimum deposit$200
Inactivity fee$0
Currency pairs64
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
FP Markets logo
FP Markets
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Recommended
Sydney broker with DMA pricing.
4.4/5App Score

FP Markets provides DMA access with raw spreads and deep liquidity. Strong ASIC regulation with competitive pricing on AUD crosses.

Forex spread classUltra-Low
Minimum deposit$100
Inactivity fee$0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
Eightcap logo
Eightcap
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Recommended
Melbourne broker with TradingView.
4.3/5App Score

Eightcap offers raw spreads with TradingView integration. ASIC-regulated Melbourne broker with competitive pricing on crypto and forex.

Forex spread classUltra-Low
Minimum deposit$100
Inactivity fee$0
Currency pairs56
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0
Recommended
ASIC broker with competitive commissions.
4.2/5App Score

Vantage offers raw spreads with some of the lowest commissions in Australia. ASIC-regulated with ProTrader tools and VPS hosting.

Forex spread classUltra-Low
Minimum deposit$50
Inactivity fee$0
Currency pairs60
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, POLi
Withdrawal fee$0

Frequently Asked Questions

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.

Yes, Australian brokers typically offer competitive spreads on AUD pairs like AUD/USD, EUR/AUD, and GBP/AUD due to local liquidity. This is an advantage for traders focusing on Australian dollar pairs.

Many low spread brokers are ASIC-regulated including Pepperstone, IC Markets, FP Markets, Axi, and ThinkMarkets. ASIC regulation provides strong consumer protection for Australian traders.

Most Australian brokers accept POLi for instant AUD deposits, along with bank transfer, credit cards, and PayPal. POLi is popular as it links directly to Australian banks for fast deposits.

Most low spread brokers offer variable spreads that fluctuate with market conditions. Variable spreads are typically lower during peak trading hours but may widen during news events or low liquidity periods.

Why Trust BrokerAnalysis?

Our reviews are built using verified broker data, regulatory records, and hands-on testing. Rankings are updated regularly and are not influenced by paid placements.

Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

Affiliate Disclosure:

BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.

Regional Availability Notice

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.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026