Best Raw Spread Forex Brokers

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$7/lot

Award-winning Australian broker, top choice for cTrader and algo traders. Razor account offers raw spreads with $7/lot commission. Multi-regulated across ASIC, FCA, CySEC, DFSA and BaFin.

Min deposit:

$200

Leverage:

1:500

EUR/USD:

0.09 pips

Commission:

$7/lot

Geneva-based Swiss bank broker with FINMA and JFSA regulation, running an ECN model on its proprietary JForex platform. Tight raw spreads and CHF 100,000 investor protection make it a serious pick for algo and systematic traders.

Min deposit:

$100

Leverage:

1:200

EUR/USD:

0.20 pips

Commission:

$7/lot

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot

Nasdaq-listed institutional-grade broker with the broadest market access of any retail-accessible broker — 150+ markets across 33 countries. Trader Workstation is the industry yardstick for power users.

Min deposit:

$0.00

Leverage:

1:50

EUR/USD:

0.20 pips

Commission:

$4/lot

StoneX Group subsidiary. Strong US presence with CFTC-NFA regulation. Raw account with 0.0 pips spread plus $5/lot commission.

Min deposit:

$100

Leverage:

1:400

EUR/USD:

0.20 pips

Commission:

$5/lot

AU-headquartered broker with strong global presence. Competitive Raw account, copy trading via DupliTrade and ZuluTrade integration.

Min deposit:

$50

Leverage:

1:500

EUR/USD:

0.20 pips

Commission:

$6/lot

German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.

Min deposit:

$200

Leverage:

1:30

EUR/USD:

0.80 pips

Commission:

$5/lot

Cost-leader broker with industry-low $4/lot commission on Pro account. FCA regulated. No-frills, execution-focused broker for serious traders.

Min deposit:

$100

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$4/lot

New Zealand-headquartered broker, FMA regulated. ECN execution with no minimum deposit on Standard account. Excellent fit for NZ residents.

Min deposit:

$0.00

Leverage:

1:500

EUR/USD:

0.10 pips

Commission:

$6/lot