EXNESS
★★★★★
4.9/5
Best Raw Spread Forex Brokers in
Raw-spread (zero-spread) accounts pass interbank pricing through with a small fixed commission instead of a marked-up spread.
8 brokers ranked
Raw-spread (zero-spread) accounts pass interbank pricing through with a small fixed commission instead of a marked-up spread.
The spread is the main trading cost for most accounts, but the headline number hides the real price. A 'zero-spread' account charges a per-lot commission instead; a 'raw-spread' account passes interbank pricing through; a 'fixed-spread' account keeps costs predictable in volatility but is usually wider on average. Always compare spread plus commission per standard lot, not the spread alone.
Top Raw Spread Forex Brokers
IronFX
★★★★★
4.6/5
IC Markets
★★★★☆
4.5/5
LiteFinance
★★★★☆
4.3/5
FXOpen
★★★★☆
4.2/5
Pepperstone
★★★★☆
4.1/5
EightCap
★★★★☆
4.0/5
BlackBullMarkets
★★★☆☆
3.4/5
Quick comparison
| Broker | Min Deposit | Leverage | Spread | Regulators | Visit |
|---|---|---|---|---|---|
| EXNESS | $1 | 1:2000 | 0.1-0.9 pips | FCA, CYSEC | Visit |
| IronFX | $100 | 1:1000 | 0.6 pip | FCA, ASIC | Visit |
| IC Markets | $200 | 1:1000 | 0.1 pips | ASIC, CYSEC | Visit |
| LiteFinance | $10 | 1:1000 | 0.8 pips | CYSEC | Visit |
| FXOpen | $1 | 1:500 | 1 pip | FCA, ASIC | Visit |
How to choose the right one
- All-in cost — spread plus commission per lot, not spread alone.
- Variability — fixed vs variable, and how wide in news events.
- Commission — per-lot fees on raw/zero accounts.
- Pair coverage — are the tight spreads on the pairs you trade?
- Account fit — raw accounts suit volume; fixed suits grid/carry.
Frequently asked questions
How many raw spread forex brokers are on this list?
We currently track 8 raw spread forex brokers that meet our inclusion criteria. Rankings are updated as broker conditions change.
Fixed vs raw spread — which is cheaper?
Raw spreads are usually cheaper for high volume once you add the small commission, while fixed spreads cost more on average but stay predictable during volatility. Choose by trade frequency.
Are 'zero spread' accounts really zero cost?
No — the broker recovers cost via a per-lot commission and sometimes wider quotes during illiquidity. Compare total cost per lot against a raw account.
Why do spreads widen during news?
Liquidity thins and risk rises around high-impact events, so market-makers and ECNs both widen spreads. This is normal; size down or avoid trading through the spike.
What should I look for in raw spread forex brokers?
Prioritise regulation, published spreads, withdrawal speed, platform stability and whether the broker accepts clients from your country.
Are these rankings paid or sponsored?
Some links are affiliate links, but rankings are based on our transparent scoring model (regulation, costs, platforms and support).