Forex São Paulo 4

Lowest Spread Forex Brokers.

To determine the lowest spread forex broker we compared the published January 2023 average spreads of the top regulated brokers. View the spread widget and calculator and find the forex broker with the lowest spreads.

Written by Justin Grossbard.

Written by Justin Grossbard Co Founder.

With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in 2014. He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. Justin achieved Honours in Commerce and has a Master's degree from Monash University. He also owns Innovate Online offering digital marketing services with over 20 employees.

Edited by Justin Hertzberg.

Edited by Justin Hertzberg Forest Park FX President.

Justin has over 13 years of experience in the forex industry and for over a decade has been the President & CEO of Forest Park FX, a CFTC registered, NFA member full-service foreign exchange and futures brokerage firm. He is also the CEO of FPFX Technologies to bridge the gap between what FX & CFD traders. He has an MBA in finance from the University of Miami Herbert Business School.

Reviewed by Riley Adams.

Reviewed by Riley Adams Senior Trading Editor.

As a Senior Financial Analyst for Alphabet with an active CPA, Riley has a vast amount of financial knowledge. He has a Master's Degree in economics at Penn State University and a B.A. & B.S., Economics at the Centenary College of Louisiana. He also owns the website Young and the Invested providing investing advice for young individuals.

Each month we update average spreads data published by the brokers the retail brokers lose %

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Low Spread Forex Brokers In January 2023.

Our best forex broker low spread list is:

Eightcap - Lowest Spread Broker Overall Pepperstone - Lowest Spread No Commission Broker AvaTrade - Lowest Fixed Spread Forex Broker ThinkMarkets - Low Spread Forex Broker For Scalping IG - Tight Spreads and No Commission Broker Fusion Markets - Lowest Commission Forex Broker FXTM - Low Spreads and High Leverage Broker FxPro - 0 Spread Broker With No Dealing Desk eToro - $0 Commission On Shares Social Trading Broker.



Our Rating.

250 Crypto Products.

Fast Execution Speed.

Choice of social trading tools.

STP Order Execution.

Guaranteed stop loss orders.

Regulations and Licenses.



ASIC (Australia)

DFSA (Dubai)

SCB (Bahamas)




EUR/USD Avg. Raw Spread.

GBP/USD Avg. Raw Spread.

AUD/USD Avg. Raw Spread.

EUR/USD Standard Spread.

EUR/USD Fixed Spreads.

Commissions (USD Base)

Minimum Deposit.

$250 (Raw) $500 (Standard)

Swap Free Account.

No Inactivity Fees.

Funding Methods.

No Funding Fees.

Markets and Instruments.



Currency Pairs.

Cryptocurrency CFDs*

Index CFDs.

Share CFDs.

Commodities CFD.


Retail Max Leverage (Australia)

Major Pairs 30:1 Minor Pairs 20:1.

Major Pairs 30:1 Minor Pairs 20:1.

Major Pairs 30:1 Minor Pairs 20:1.

Major Pairs 30:1 Minor Pairs 20:1.

Major Pairs 30:1 Minor Pairs 20:1.

Pro. Max Leverage (Australia)

Pro 1: 100:1 Pro 2: 250:1.

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations *CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools.



MetaTrader 4 (MT4)

MetaTrader 5 (MT5)


Proprietary Platform.

Automated Trading.

Social + Copy Trading.

Standard Stop Loss.

Guaranteed Stop Loss.

Demo Account.




Our Rating.

Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage Visit Broker > 9.00 ASIC, SCB 0.06 0.73 0.27 115ms $250 (Raw) $500 (Standard) 40+ 250+ 500:1 500:1 Visit Broker > 9.33 ASIC, FCA CySEC, DFSA 0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1 Visit Broker > 8.33 AISC, FSCA IIROC, ADGM 0.3 0.4 0.5 160ms $100 55+ 15+ 30:1 400:1 Visit Broker > 7.67 FCA, FSCA ASIC,FINMA 0.1 - - 140ms $0 46+ 21+ 30:1 500:1 Visit Broker > 6.67 ASIC, CySEC FCA,FMA 0.17 0.59 0.3 140ms $450 100+ 12+ 30:1 200:1 Visit Broker > 6 FCA, FSCA FSC 0.3 0.5 0.5 160ms $500 63+ - 30:1 300:1 Visit Broker > 7.17 ASIC, CySEC FCA, FSA - - - 130ms $200 49+ 46+ 30:1 400:1.

Use Our Calculator To Compare Forex Brokerage.

You can calculate forex brokerage based on current forex crosses, commissions and spreads below for the major base currency and currency pairs. You can also click on the ‘+’ sign to view the fees that led to the final forex brokerage displayed.

Calculate Your Trading Costs Below.

Trade Size.

Base Currency.


The Lowest Spread Forex Broker.

The best low spread forex broker was Eightcap based on their:

Lowest spreads through their low spread RAW account Most popular forex trading platforms including MT4 + MT5 Best range of cryptocurrency trading (250+ crypto) Lowest brokerage on crypto CFDs with no commission Regulation in Australia (ASIC) and The Bahamas (SCB)

Eightcap is a no-dealing desk broker meaning they have ECN ‘like’ pricing. This means Eightcap takes their price feeds from a large pool of tier-1 brokers and offers these prices to their customers with no price interference. In summary, if you join Eightcap, you can receive true market prices offered by liquidity prices.

Comparing Eightcap Spreads To Leading Forex Brokers.

The module below compares the average spreads that brokers publish each month. This looks at the ECN-type accounts of these brokers that have a spread and a commission.

ECN Forex Spread Comparison.

Avg. spreads are taken from each broker's website and updated monthly. Last update on 01/01/2023.

As shown above, Eightcap has superior spreads across several of the most traded currency pairs. With their commission structure equal or superior to their competitors, they have the lowest brokerage overall.

A Detailed Analysis Of The Eightcap RAW Account.

The RAW spread account has the lowest brokerage offered by Eightcap. This account has spreads from 0 pips for all the major pairs and 0.1 to 0.4 pips for most minor and exotic pairs. Currency pairs offered by Eightcap include:

7 Major pairs including AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/JPY 21 Minor pairs including AUD/CAD, AUD/NZD, EUR/AUD, GBP/AUD, GBP/CHF 14 Exotic pairs including AUD/SGD, USD/SGD, USD/ZAR, EUR/TRY, USD/PLN.

Spreads are not always 0 pips primarily due to currency markets with a natural slight difference between the buy and sell mark. That said, the average spread for the EUR/USD with Eightcap is just 0.06 pips which is extremely low compared to all other brokers in the Australian online brokerage industry. A competitive flat commission of $3.50 ($7.00 round turn) is charged based on 100,000 units on top of the RAW spread. This commission is equal to or lower than other Australian brokers. To avoid this commission there is a standard account but this account has higher spreads and the overall brokerage costs end up higher.

Eightcap’s servers are located in the Equinix TY3 Data Center in Tokyo. This co-location setup allows Eightcap servers to get faster pricing and optimal trading conditions as they are close to many tier one liquidity providers within the Equinix Ecosystem. In addition to this Eightcap maintains a large decentralised network of data centres globally to port connections via fibre optic to their margin server as fast as possible to execute client trades. This network aims to promote global connectivity and competitive low latency with data centre locations in New York, London, North Virginia, Sydney, Hong Kong, Milan, São Paulo, and Singapore.

Eightcap Crypto Trading With No Commissions.

Eightcap’s core strength isn’t just forex trading. They also have the most extensive cryptocurrency CFD trading facility in the world. Not only does the Australian CFD broker offer over 250 cryptocurrencies (more than any other broker) but spreads are generally tighter than their competitors as shown below.

Cryptocurrencies are spread-only products meaning there are no commission costs. Maximum leverage for Australian traders can be as high as 2:1 for retail traders in Australia and 20:1 for traders outside Australia.

The Eightcap portfolio of cryptocurrencies includes:

Over 125 cryptocurrencies matched to the USD. Not only do they offer popular pairs such as Bitcoin, Ethereum, Ripple, Dogecoin and Litecoin vs USD. 19 Cryptocurrencies using cross fiats with AUD, CAD, EUR, GBP, MXN and BTC. Cross crypto/currency pairs include Bitcoin, Dash, Polkadot, Kusama, NEO and Maker.

Eightcap Raw Spread Brokerage Verdict.

Based on comparing January 2023 brokerage including spreads and commissions the Eightcap RAW account is the clear winner. They have the lowest spreads for both forex and crypto trading and offer favourable trading conditions including fast execution speeds and the best forex trading platforms. If you’re looking to minimise your brokerage and are open to ECN-style trading then Eigthcap is the recommended broker for your needs.

Our Rating.

The overall rating is based on review by our experts.