Low Spread Forex Brokers 2020

Forex brokers with low spreads are especially popular among scalping supporters, because this trading strategy means opening a lot of deals within one day, and under these conditions a commission may amount up to 100 pips. To cut their costs on forex operations the traders opt for dealing desks with low spreads. There are traders who consider this to be the main selection criterion. Due to low spreads financial losses decrease, which favorably compares with the basic principles of a trader: to make profit and to secure personal funds. Brokers which are listed here offer floating and fixed spreads of different values, but always either on minimal or medium levels. Of course, it is possible to make a big initial deposit, but brokers offering micro and mini accounts allow trading bit-by-bit anyway.

Forex Broker Review Year Status Spread type Pips on majors
1FXTMFXTM2011floating0.4-2.4
2AlpariAlpari1998variablefrom 0
3FxProFxPro2006variable0.5-1.3
4OctaFXOctaFX2011floating0.3-0.7
5HotForexHotForex2010fixed & variable0-1.2
6XMXM2009variable1-1.9
7NordFXNordFX2008Fixed and variable0-5
8Vantage FXVantage FX2009FloatingFrom 0.0
9ROinvestingROinvesting2017Variable0.7
10Grand CapitalGrand Capital2006variable0.0001
11Alfa-ForexAlfa-Forex1996variable0.1-2
12DukascopyDukascopy2000variable0.5-1
13ExnessExness2008floating0.1-1.4
14IronFXIronFX2010fixed/floating2-4.5
15OandaOanda1996variable1-3
16Swissquote BankSwissquote Bank2000variable1.5
17Colmex ProColmex Pro2009variable1
18ETFinanceETFinance2018variable0.7
19ETX CapitalETX Capital2008variable0.7
20FXCCFXCC2010variable 0.2-0.6
21GCIGCI2002variable1-3
22IFC MarketsIFC Markets2006fixed1.8-2
23JustForexJustForex2012floating0-0.5
24MultiBankMultiBank2005floating0.1
25XTBXTB2002Fixed and Variable0.2-0.5

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