Best Forex Brokers with Low Spreads (2025 Review)

Finding a Forex broker with low spreads is essential for traders who want to minimize trading costs and maximize profits. Brokers with low spreads provide better price execution, especially for high-frequency traders such as scalpers. Below is a detailed review of the best Forex brokers with low spreads in 2025, along with their websites.

1. IC Markets

Spreads: From 0.0 pips (Raw Spread Account)
Regulation: ASIC, FSA (Seychelles), CySEC
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Minimum Deposit: $200
Leverage: Up to 1:500
Website: www.icmarkets.com

Why Choose IC Markets?
IC Markets offers ultra-low spreads starting from 0.0 pips on their Raw Spread Account. It is ideal for traders who need low-cost trading with fast execution. The broker is well-regulated and provides access to several popular trading platforms, including MT4, MT5, and cTrader.

Key Features:

Raw spread accounts with 0.0 pips spreads
Low commission charges
High leverage up to 1:500
Advanced trading platforms including MT4, MT5, and cTrader

2. FP Markets

Spreads: From 0.0 pips (Raw Account)
Regulation: ASIC, CySEC
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Deposit: $100
Leverage: Up to 1:500
Website: www.fpmarkets.com

Why Choose FP Markets?
FP Markets is known for offering raw spreads from 0.0 pips, making it an excellent choice for traders looking for low-cost trading. They provide various account types suited for both beginner and experienced traders, and their platform supports advanced features for high-frequency trading.

Key Features:

Raw spreads from 0.0 pips
Wide range of trading instruments
High leverage of up to 1:500
Support for MT4 and MT5 platforms

3. Pepperstone

Spreads: From 0.0 pips (Razor Account)
Regulation: ASIC, FCA, DFSA
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Minimum Deposit: $200
Leverage: Up to 1:500
Website: www.pepperstone.com

Why Choose Pepperstone?
Pepperstone offers tight spreads starting from 0.0 pips on their Razor Account. The broker is ideal for scalpers and active traders due to its ECN pricing and low commissions. With a high level of regulation and fast execution speeds, Pepperstone is a solid choice for those looking for low-spread Forex trading.

Key Features:

Raw spreads from 0.0 pips on Razor Account
Low commissions and fast execution
Multiple platforms available (MT4, MT5, cTrader)
High leverage up to 1:500

4. Admiral Markets

Spreads: From 0.0 pips (Raw Spread Account)
Regulation: FCA, ASIC, CySEC
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Deposit: $200
Leverage: Up to 1:500
Website: www.admiralmarkets.com

Why Choose Admiral Markets?
Admiral Markets offers raw spreads starting from 0.0 pips, making it one of the best options for traders who want low costs. The broker also provides excellent customer support and a wide range of tools for analysis and trading.

Key Features:

Raw spreads from 0.0 pips
Various trading instruments (Forex, commodities, indices)
Support for MT4 and MT5 platforms
Advanced tools for technical analysis

5. XM

Spreads: From 0.6 pips
Regulation: ASIC, CySEC, IFSC
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Deposit: $5
Leverage: Up to 1:888
Website: www.xm.com

Why Choose XM?
XM offers very low spreads starting from 0.6 pips, making it a great option for traders looking for a balance between low costs and flexible account types. XM also offers leverage up to 1:888, which is ideal for traders who want to maximize their position sizes with low capital.

Key Features:

Low spreads starting from 0.6 pips
High leverage of up to 1:888
No deposit fees
Access to MT4 and MT5 platforms

6. ThinkMarkets

Spreads: From 0.0 pips (Raw Account)
Regulation: FCA, ASIC
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), ThinkTrader
Minimum Deposit: $100
Leverage: Up to 1:500
Website: www.thinkmarkets.com

Why Choose ThinkMarkets?
ThinkMarkets offers raw spreads starting from 0.0 pips on major currency pairs. They are ideal for traders who require low spreads and fast execution, and their proprietary ThinkTrader platform provides advanced charting tools and an intuitive interface.

Key Features:

Raw spreads starting from 0.0 pips
Proprietary ThinkTrader platform
Advanced trading tools and analysis features
High leverage up to 1:500

7. Exness

Spreads: From 0.1 pips
Regulation: FCA, CySEC, FSCA
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Deposit: $1
Leverage: Up to 1:2000
Website: www.exness.com

Why Choose Exness?
Exness offers incredibly low spreads starting from 0.1 pips, making it a great choice for traders who want low costs combined with high leverage. With a minimum deposit of just $1, Exness is accessible to beginner traders while offering advanced tools for experienced traders.

Key Features:

Extremely low spreads from 0.1 pips
High leverage of up to 1:2000
Multiple account types with low deposit requirements
Excellent customer support

8. OANDA

Spreads: From 1.0 pip
Regulation: CFTC, FCA, ASIC
Platforms: MetaTrader 4 (MT4), OANDA’s Trading Platform
Minimum Deposit: $0
Leverage: Up to 1:50
Website: www.oanda.com

Why Choose OANDA?
OANDA offers competitive spreads starting from 1.0 pip, which is still fairly low in comparison to many other brokers. OANDA is highly regulated and offers flexible trading options, making it suitable for both beginners and advanced traders. They also provide their proprietary platform, which comes with advanced features.

Key Features:

1.0 pip spreads
No minimum deposit required
Access to proprietary trading platform and MT4
Strong regulatory framework

Conclusion

Choosing the right Forex broker with low spreads is essential for maximizing trading profits, especially for high-frequency traders. Brokers like IC Markets, FP Markets, and Pepperstone offer spreads as low as 0.0 pips, making them ideal for scalpers and active traders. Additionally, brokers such as Exness and Admiral Markets offer competitive pricing and excellent customer service.

Make sure to consider other factors like trading platforms, leverage, and customer support when selecting a broker. With the right choice, you can minimize your trading costs and improve your overall profitability.