Tight spreads directly reduce your trading costs, especially for frequent traders. These brokers consistently offer some of the lowest raw spreads.
A raw-spread account may show 0.0 pips, but it charges a commission per lot — so the headline number is misleading. Always compare the all-in cost: spread plus commission, round-turn. For EUR/USD, a raw account at 0.1 pip + $3.50 commission often beats a "zero commission" account at 1.0 pip.
Spreads matter most for high-frequency and scalping strategies, and during the London–New York overlap (roughly 13:00–16:00 UTC) when liquidity peaks and spreads are tightest. If you hold trades for days, spread matters far less than swap fees.
Exness, Pepperstone, Tickmill and FxPro consistently offer some of the lowest raw spreads, from around 0.0–0.1 pips plus commission. Always compare the all-in cost (spread + commission), not just the headline spread.
No. "Zero" or raw-spread accounts charge a commission per lot instead of a marked-up spread. For active traders this is usually cheaper overall, but you must include the commission when comparing costs.
Related: All broker reviews · Lowest spreads · For beginners · Islamic accounts · Best MT5 · Gold trading · Match quiz
