10 Best Forex Brokers With Raw Spreads
Access institutional-grade pricing with our top selection of raw spread forex brokers. Trade with 0.0 pip spreads and transparent commissions.
Written by
Marcus Thompson
Fact Checked by
Sarah Chen
What Are Raw Spreads in Forex Trading?
Raw spreads in forex trading refer to brokers offering direct market access with no markup on the spread. Instead of adding a markup to the spread, brokers charge a separate commission for each trade. This means traders get the exact bid and ask prices quoted by the liquidity providers, leading to tighter spreads, often starting from 0.0 pips. This type of pricing is beneficial for traders who require precision and low-cost trading, such as scalpers and algorithmic traders. Raw Spread Forex Brokers offer the lowest spreads possible, often averaging closer to zero on major pairs than standard accounts.
Do All Brokers Offer Raw Spreads?
No, not all brokers offer raw spreads. Only certain brokers provide this pricing model (typically ECN/STP brokers). Choosing a broker specialising in raw spread accounts is essential if this is a priority for your strategy.
Raw Spread Metrics
Pricing and entry requirements.
| Broker | ||
|---|---|---|
| BlackBull Markets | 0.0 pips | $3.00/lot |
| RoboForex | 0.0 pips | $20/mil |
| Exness | 0.0 pips | $3.50/lot |
| HFM | 0.0 pips | $3.00/lot |
| XM | 0.6 pips | $3.50/lot |
| FXTM | 0.0 pips | $2.00/lot |
| Axi | 0.0 pips | $3.50/lot |
| AvaTrade | 0.9 pips | None |
| HYCM | 0.1 pips | $4.00/lot |
| Vantage Markets | 0.0 pips | $3.00/lot |
Detailed Broker Analysis
Exceptional Raw Spreads
BlackBull Markets is a standout broker known for its exceptional trading conditions. Our tests revealed raw spreads starting from 0.0 pips, making it a winner for low-cost trading. They offer MT4, MT5, and BlackBull Trade.
Pro-Level ECN Conditions
Vantage Markets provides professional-grade ECN conditions with spreads from 0.0 pips. Known for high transparency and speed, it is a top choice for serious traders.
Innovative Trading Tools
RoboForex distinguishes itself with a wide range of account options. We found their raw spreads starting from 0.0 pips attractive. The broker features unique tools like CopyFX and R StocksTrader.
Raw Spread 0.0
Exness offers raw spreads from 0.0 pips with a low fixed commission. Their stable spreads are ideal for raw pricing strategies and automated trading.
Zero Spread Account
HFM's Zero Spread account offers super-tight raw spreads from 0.0 pips on major pairs with competitive commissions. It's a great entry point for raw spread trading.
Zero Account
XM's Zero Account features raw spreads starting as low as 0.0 pips, perfect for traders who prefer commission-based trading with a highly regulated broker.
Advantage ECN
FXTM's ECN account delivers raw spreads from 0.0 pips. It is one of the most popular raw spread accounts globally, offering fast execution.
Pro Account
Axi's Pro Account offers raw institutional spreads with no markup, direct from top liquidity providers, ensuring you get the best market price.
Professional Account
While known for fixed spreads, AvaTrade offers professional traders access to tighter spreads closer to raw market pricing on specific account types.
Raw Account
HYCM's Raw account provides spreads from 0.1 pips with a reasonable commission, combining classic reliability with raw pricing.
Frequently Asked Questions
Top 10 Forex Brokers With Raw Spreads
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January 2026