Trading Academy
Forex Glossary
Trading Guides
News
Blog
Exness
FCA (UK)Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via IB partner codes. Standard rebates 25-40%.
Verified Mar 28, 2026
10 Best Forex Brokers With Raw Spreads
Last updated January 20, 2026
Access institutional-grade pricing with our top selection of raw spread forex brokers. Trade with 0.0 pip spreads and transparent commissions.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
Lisa Martinez
Fact Checked by
Sarah Chen
Personalized broker matching
Need a faster shortlist than reading every broker page?
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
Last reviewed:
•By:Lisa Martinez
•Fact-checked by:Sarah Chen
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.
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. If you are asking **what are the best raw spread forex brokers for expert traders**, 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.
Cost-Focused Offers
Browse All PromotionsVerified rebates and cost-focused offers
For low-spread and ECN-style pages, we prioritize cashback, rebate, and commission-offset style promotions over louder bonus messaging.
Cashback / Rebate
FP Markets
ASIC (Australia)50% Deposit Bonus + Commission Rebates
Up to 50% deposit bonus (region-dependent). Plus 25% commission rebates or $3.00 from spread.
Verified Mar 28, 2026
BlackBull Markets
FMA (New Zealand)TradingView Subscription Reimbursement
Get TradingView subscription costs refunded to your account. Volume-based Prime+ rebates available.
Verified Mar 28, 2026
Raw Spread Metrics
| Broker | Link | ||
|---|---|---|---|
| Exness | 0.0 pips | $3.50/lot | Open |
| FP Markets | N/A | $3/lot (Raw) | Open |
| Vantage Markets | 0.0 pips | $3.00/lot | Open |
| RoboForex | 0.0 pips | $20/mil | Open |
| BlackBull Markets | 0.0 pips | $3.00/lot | Open |
| Hantec Markets | N/A | $4/lot (Raw ECN) | Open |
| Capital.com | N/A | $0 (Spread only) | Open |
| XM | 0.6 pips | $3.50/lot | Open |
| IC Markets | N/A | $3.50/lot (Raw Spread) | Open |
| FXTM | 0.0 pips | $2.00/lot | Open |
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.
Deposit$10
SpreadRaw 0.0
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.
Deposit$50
SpreadRaw 0.0
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.
Deposit$10
SpreadRaw 0.0
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.
Deposit$0
SpreadRaw 0.0
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.
Deposit$5
SpreadRaw 0.0
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.
Deposit$10
SpreadRaw 0.0
Best for ecn traders, scalpers & australian clients.
FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$100
SpreadRaw or ultra-low spread account available
Best for experienced traders, institutional clients & multi-asset investors.
Hantec Markets is a multi-regulated broker with MT4, MT5, Hantec App access, 0.0 pips (Raw ECN) | 1.2 pips (Standard) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$10
SpreadRaw or ultra-low spread account available
Best for beginners, ai-driven trading & mobile-first traders.
Capital.com is a multi-regulated broker with Capital.com Web Platform, Capital.com App, MT4, TradingView access, 0.6 pips (Standard) on EUR/USD, and $20 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$20
SpreadCompetitive spread structure
Best for scalpers, ea traders & low-latency algorithmic trading.
IC Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Raw) | 0.8 pips (Standard) on EUR/USD, and $200 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$200
SpreadRaw or ultra-low spread account available
Frequently Asked Questions About 10 Forex Brokers With Raw Spreads
Frequently Asked Questions
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.
Brokers charge a commission on each trade instead of adding a markup to the spread. This commission is typically a fixed amount per lot traded (e.g., $3.00), providing transparency in trading costs.
Raw spreads can benefit beginners due to lower overall costs, but the commission structure can be slightly more complex to calculate than all-inclusive spreads. Beginners should ensure they understand how commissions affect their P&L before trading.
Standard spreads usually include the broker's profit markup built into the price, meaning no separate commission is charged but the spread is wider. Raw spreads have no markup (0.0 pips possible) but incur a separate commission fee.
Top Searched Questions
How do I choose a reliable forex broker in 2026?
Start by verifying the broker holds a Tier-1 license (FCA, ASIC, or CySEC). Compare raw spreads on EUR/USD, check withdrawal processing times, and test the demo account. BrokerAnalysis independently tests 60+ brokers each quarter using real funded accounts.
What makes a forex broker the 'best' overall?
The best forex broker combines Tier-1 regulation, spreads from 0.0 pips on raw accounts, fast execution under 50ms, a wide range of 70+ currency pairs, and transparent fee structures. Our testing ranks brokers across 8 categories including safety, costs, and platform quality.
Which forex brokers are consistently top-rated?
Consistently top-rated brokers typically hold multiple Tier-1 licenses, maintain segregated client funds, and offer competitive raw spreads. Brokers like IC Markets, Pepperstone, and FP Markets consistently score above 4.5/5 in independent testing by BrokerAnalysis.
What is forex trading and how does it work?
Forex trading involves buying one currency while selling another, profiting from exchange rate fluctuations. The forex market operates 24/5, processes $7.5 trillion daily, and is accessible through online brokers with as little as $10. Traders use technical and fundamental analysis to make decisions.
What is the best forex trading platform to use?
MetaTrader 4 remains the most popular platform for its reliability and Expert Advisor support. MetaTrader 5 adds depth-of-market and more timeframes. TradingView excels at charting, while cTrader offers the best market depth for active traders. Your ideal platform depends on your trading style.
How do forex trading platforms differ from each other?
MT4 is best for EA automation and beginner simplicity. MT5 adds stock CFDs and economic calendar integration. cTrader provides Level II pricing and algorithmic trading via cAlgo. TradingView offers social charting with 100+ indicators. Choose based on whether you prioritize automation, analysis, or execution speed.
What features should a trading platform have?
A quality trading platform needs: one-click execution, customizable charts with 50+ technical indicators, pending order types (limit, stop, trailing stop), mobile app parity, demo account access, and reliable uptime above 99.9%. Platform stability during high-volatility news events is critical.
How does the forex market work?
The forex market is a decentralized global marketplace where currencies trade in pairs. It operates across four major sessions (Sydney, Tokyo, London, New York), runs 24 hours on weekdays, and is the largest financial market with $7.5 trillion in daily volume. Prices move based on economic data, central bank policy, and geopolitics.
Information automatically localized based on "forex brokers" and related trends.
Sources & References
- Exness Accounts— Exness
- Vantage Account Types— Vantage
- Hantec Markets Trading Accounts— Hantec Markets
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
People Also Search For
raw spread brokersbest raw spread brokersraw spread forexzero spread brokers
Quick Rankings
1
Exness
Visit Exness
2
FP Markets
Visit FP Markets
3
Vantage Markets
Visit Vantage Markets
4
RoboForex
Visit RoboForex
5
BlackBull Markets
Visit BlackBull Markets
Get your personalized toplist:
FIND MY BROKERRisk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
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. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our AI Content Policy.
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 the country-acceptance status captured in our latest eligibility checks.