Best Low Spread Forex Brokers UK 2026
Top FCA-regulated brokers with the tightest spreads for UK traders seeking cost-effective forex trading.
Written by
Sarah Chen
Fact Checked by
James Anderson
Top 10 Low Spread Brokers for UK Traders in 2026
Tight spreads directly impact your trading profitability. For UK traders, we've identified FCA-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 - essential for day traders, scalpers, and high-volume traders.
What is considered a low spread in forex trading?
For major pairs like EUR/USD, a spread below 1.0 pip is considered low. Raw spread accounts offer spreads from 0.0 pips plus a small commission, which typically results in lower overall costs for active traders.
Spread Comparison
Compare spreads on major forex pairs across UK brokers.
| Broker | ||
|---|---|---|
| Exness | 0.0 | 0.1 |
| XM | 0.6 | 0.9 |
| Axi | 0.0 | 0.2 |
| HFM | 0.0 | 0.3 |
| ThinkMarkets | 0.0 | 0.2 |
| AvaTrade | 0.9 | 1.2 |
| Pepperstone | 0.1 | 0.3 |
| CMC Markets | 0.7 | 0.9 |
| IG Group | 0.6 | 0.9 |
| City Index | 0.5 | 0.8 |
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. FCA-regulated with instant withdrawals and no inactivity fees, making them ideal for cost-conscious UK traders.
Competitive spreads with zero commission options.
XM provides consistently low spreads with no commission on Standard accounts. Multi-regulated with excellent educational resources and a £5 minimum deposit for UK traders.
Professional-grade low spreads.
Axi offers raw spreads from 0.0 pips on their Pro account with competitive commissions. FCA-regulated with advanced trading tools and VPS hosting.
Zero spread account with tight pricing.
HFM provides zero spread accounts with raw pricing from 0.0 pips. Multi-regulated with copy trading features and flexible account options.
ThinkZero account with raw spreads.
ThinkMarkets offers their ThinkZero account with raw spreads from 0.0 pips. No inactivity fees and their proprietary ThinkTrader platform provides excellent charting.
Fixed low spreads for predictable costs.
AvaTrade offers fixed spreads for predictable trading costs. Multi-regulated with excellent educational resources and AvaProtect risk management tools.
Award-winning low spreads and execution.
Pepperstone is renowned for excellent low spreads on their Razor account. FCA-regulated with cTrader, MT4, MT5, and TradingView integration.
FTSE 250 broker with competitive spreads.
CMC Markets offers competitive spreads with an extensive range of 330 currency pairs. Their Next Generation platform provides advanced charting and analysis tools.
50+ years of competitive pricing.
IG Group is a market leader with five decades of experience offering competitive spreads. FCA-regulated with premium research and educational resources.
Tight spreads with excellent mobile trading.
City Index offers tight spreads from 0.5 pips with an excellent mobile trading app. Part of the StoneX group with strong FCA regulation.
Frequently Asked Questions
Top Low Spread Forex Brokers UK
Get your personalized toplist:
FIND MY BROKERWhy 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.
Information 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