US FOREX BROKERS WITH LOWEST SPREADS

In this post, I will take the time to highlight some of the best US forex brokers with lowest spreads.

In the forex market, spread is quite important; as a trader, a tight spread combined with a sound trading strategy will reduce losses and increase profit potential.

I didn’t know much about spread when I first started trading forex, so two years later I decided to try a different broker with a significantly lower spread than the one I was using.

What I noticed was that my profits increased and my losses decreased; as a trader, regardless of trading capital or expertise, choosing a low spread broker is fundamental.

XM Ultra low spread

US LOWEST SPREAD FOREX BROKER

lowest spread forex broker

Choosing a low spread broker is very important to a trader, as we know that the lower the spread the better for a trader.

Forex spread differs among brokers and currency pairs. The competition for clients among brokers continues to get tougher as some brokers even go as far as to offer zero spread.

In general, it’s important to know the broker’s terms and conditions before finally choosing one.

Below are lists of lowest spread forex brokers:

BrokersEUR/USD AVG.GBP/USD AVG.
RoboForex0.400.90
AvaTrade0.901.6
Admiral Markets0.100.60
Tickmill0.30.7
FxPro1.72.2
Exness1.01.2
Interactive Brokers0.10.1
TD Ameritrade1.11.4
IC Markets0.10.5
FP Markets0.100.30
Pepperstone0.090.28
GoMarkets0.200.50
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BrokersUSD/JPY AVG.AUD/USD AVG.
RoboForex0.200.50
AvaTrade1.11.1
Admiral Markets0.300.50
Tickmill0.60.2
FxPro1.31.8
Exness1.11.4
Interactive Brokers0.10.1
TD Ameritrade1.31.8
IC Markets0.20.3
FP Markets0.200.20
Pepperstone0.140.17
GoMarkets0.200.20

BrokersEUR/GBP AVG.
RoboForex1.20
AvaTrade1.5
Admiral Markets0.60
Tickmill1.2
FxPro1.6
Exness1.9
Interactive Brokers0.1
TD Ameritrade1.6
IC Markets0.6
FP Markets0.50
Pepperstone0.27
GoMarkets0.40

It’s important to note that when picking a broker, the spread isn’t the only aspect to consider; other considerations include leverage and the broker’s minimum deposit.

RELATED: US FOREX BROKERS MT5

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US FOREX BROKERS WITH LOWEST SPREADS

us forex brokers with lowest spreads

Here are some of the best US brokers with the lowest spreads:

FEATUREIGFOREX.COM
AUD/USD Avg. raw spread0.17_
GBP/USD Avg. raw spread0.59_
EUR/USD Avg. raw spread0.3_
EUR/USD Avg. raw spread0.861.30
EUR/USD Avg.raw spread__

FEATUREATC BROKERSOANDA
AUD/USD Avg. raw spread0.3_
GBP/USD Avg. raw spread0.6_
EUR/USD Avg. raw spread0.4_
EUR/USD Avg. raw spread_1.1
EUR/USD Avg.raw spread__

US LOW SPREAD FOREX BROKERS SCALPING

Forex scalping is used by many traders (on technical analysis) to take advantage of market fluctuation for a short period for profit; this style of trading can only be possible by using a low-spread forex broker.

In this article above, I have already listed a few forex brokers that offer low spreads; I am going to list one more broker good for scalping which is XM.

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HOTFOREX ZERO SPREAD ACCOUNT

The HotForex ZERO Spread Account is an accessible, low-cost trading solution that is appropriate for all traders but is especially ideal for scalpers, high-volume traders, and those who trade with Expert Advisors, (EAs). 

Traders can start with a minimum beginning deposit of just U$200. 

You will receive RAW, Super-Tight Spreads from renowned liquidity providers as a HotForex ZERO Spread account holder, with NO hidden markups!

The account has a commission-based structure that is quite clear, with commissions starting at just USD 0.03 per 1K lot.

More Hotforex zero spread offers:

Account Details:

Trading Platform: MetaTrader 4, MetaTrader 5, Webtrader and Mobile Trading.

Spreads:From 0 on Forex
Trading Instruments:All Available
Fifth Decimal:Yes
Maximum Leverage:1:500
Execution:Market Execution
Minimum opening deposit:$200
Minimum trade size:0.01 LOTS (1,000 units of the base currency)
Trade size increment:0.01
Maximum Total Trade Size:60 Standard lots per position
Maximum Simultaneous Open Orders:500
Margin Call / Stop out level:50% / 20%
Telephone Trading:Yes
Account Currency:USD, EUR, NGN, JPY
Personal Account Manager:Yes
Limit and Stop Levels:Starting from 2 pip(s)
Commission:Yes
Raw bonus: No  

HOTFOREX ZERO SPREAD ACCOUNT COMMISSION

CurrencyAmount per lotNumber of lots Traded
USD$31.00
USD$41.00
EUR€2.51.00
EUR€3.51.00
NGN₦11001.00
NGN₦14501.00
JPY¥3301.00
JPY¥4401.00

CurrencyRound Turn AmountMajors/Others
USD$6Majors
USD$8Others
EUR€5Majors
EUR€7Others
NGN₦2200Majors
NGN₦2900Others
JPY¥660Majors
JPY¥880Others

HOTFOREX ZERO SPREAD ACCOUNT COMMISSION 1

Trade Size1,000
Per Side$0.03
Round Turn$0.06

Trade Size10,000100,000
Per Side$0.3$3
Round Turn$0.6$6

PAIRS 1

AUDUSD – EURUSD – EURJPY – GBPJPY – GBPUSD – USDCAD – USDCHF – USDJPY – XAUUSD.

HOTFOREX ZERO SPREAD ACCOUNT COMMISSION 2

Trade Size1,000
Per Side$0.04
Round Turn$0.08
Trade Size10,000100,000
Per Side$0.4$4
Round Turn$0.8$8

PAIRS 2

AUDCAD – AUDCHF – AUDJPY – AUDNZD – AUDSGD – CADCHF – CADJPY – CHFJPY – CHFSGD- EURNOK – EURNZD – EURPLN – EURRON – EURAUD – EURCAD – EURCHF – EURGBP – EURHUF – EURSGD – EURZAR – GBPAUD – GBPCAD – GBPCHF – GBPNZD – GBPSGD- NZDCAD – NZDCHF – NZDJPY – NZDUSD – USDCNH – USDCZK – USDDKK – USDHKD – USDHUF – USDNOK – USDPLN – USDRON – USDRUB – USDSEK – USDSGD – USDTRY – USDMXN – USDZAR – ZARJPY – GBPZAR – SGDJPY

BEST FOREX SPREADS USA

best forex spreads USA

United States brokers have strong regulations; this is why the competition among them is fierce.

Over time the spread brokers offer clients keeps getting tighter, some offer ECN accounts where the spread can be Ultra-low as zero spread.

With all this competition among them to be no 1, only a handful will be the best forex spread broker in the USA.

Below are a few of the best forex spread brokers in the US

  • IG markets
  • Oanda
  • Forex.com

LOWEST SPREAD FOREX BROKER FOR GOLD

lowest spread forex broker for gold

Gold has proven to be one of the market’s most stable commodities. It has repeatedly demonstrated its superiority over other commodities, and it is a haven for many investors, particularly following the 2008 recession.

Gold is a volatile commodity that requires solid trading knowledge and strategy to succeed.

The thing about this commodity is that you must pick the lowest spread forex broker for gold trading, regardless of your trading experience or strategy.

Below are a few lowest spread forex brokers for gold:

BROKERSPREADFIRST MINIMUM DEPOSIT
XMVariable$5
FXTMVariable$10
IC MARKETSvariable$200
EXNESSVariable$10
TICKMILLVariable$100
FBSvariable$1
XTBVariable$250
  • DOES EXNESS HAVE A LOW SPREAD? Yes, Exness has a low spread from raw spread of 0.0, a zero spread of 0.0, and a professional spread of 0.1.
  • WHICH FOREX BROKER HAS THE SMALLEST SPREAD? Brokers who provide their clients with an ECN account will have the smallest spread.
  • Although we can’t tell which broker has the least spread because it varies depending on market conditions, all ECN account holders benefit from lower spreads across all brokers. See a list of brokers with the smallest spread(ECN):
    ·         XM
    ·         IC markets
    ·         Exness
    ·         FXTM
Trade Size10,000100,000
Per Side$0.3$3
Round Turn$0.6$6

PAIRS 1

AUDUSD – EURUSD – EURJPY – GBPJPY – GBPUSD – USDCAD – USDCHF – USDJPY – XAUUSD.

HOTFOREX ZERO SPREAD ACCOUNT COMMISSION 2

Trade Size1,000
Per Side$0.04
Round Turn$0.08

Trade Size10,000100,000
Per Side$0.4$4
Round Turn$0.8$8

PAIRS 2

AUDCAD – AUDCHF – AUDJPY – AUDNZD – AUDSGD – CADCHF – CADJPY – CHFJPY – CHFSGD- EURNOK – EURNZD – EURPLN – EURRON – EURAUD – EURCAD – EURCHF – EURGBP – EURHUF – EURSGD – EURZAR – GBPAUD – GBPCAD – GBPCHF – GBPNZD – GBPSGD- NZDCAD – NZDCHF – NZDJPY – NZDUSD – USDCNH – USDCZK – USDDKK – USDHKD – USDHUF – USDNOK – USDPLN – USDRON – USDRUB – USDSEK – USDSGD – USDTRY – USDMXN – USDZAR – ZARJPY – GBPZAR – SGDJPY

BEST FOREX SPREADS USA

best forex spreads USA

United States brokers have strong regulations; this is why the competition among them is fierce.

Over time the spread brokers offer clients keeps getting tighter, some offer ECN accounts where the spread can be Ultra-low as zero spread.

With all this competition among them to be no 1, only a handful will be the best forex spread broker in the USA.

Below are a few of the best forex spread brokers in the US

  • IG markets
  • Oanda
  • Forex.com

LOWEST SPREAD FOREX BROKER FOR GOLD

lowest spread forex broker for gold

Gold has proven to be one of the market’s most stable commodities. It has repeatedly demonstrated its superiority over other commodities, and it is a haven for many investors, particularly following the 2008 recession.

Gold is a volatile commodity that requires solid trading knowledge and strategy to succeed.

The thing about this commodity is that you must pick the lowest spread forex broker for gold trading, regardless of your trading experience or strategy.

Below are a few lowest spread forex brokers for gold:

BROKERSPREADFIRST MINIMUM DEPOSIT
XMVariable$5
FXTMVariable$10
IC MARKETSvariable$200
EXNESSVariable$10
TICKMILLVariable$100
FBSvariable$1
XTBVariable$250

DOES EXNESS HAVE A LOW SPREAD?

Yes, Exness has a low spread from raw spread from 0.0, zero spread from 0.0, and professional spread from 0.1.

WHICH FOREX BROKER HAS THE SMALLEST SPREAD?

Brokers who provide their clients with an ECN account will have the smallest spread.

Although we can’t tell which broker has the least spread because it varies depending on market conditions, all ECN account holders benefit from lower spreads across all brokers.

See a list of brokers with the smallest spread(ECN):
·         XM
·         IC markets
·         Exness
·         FXTM