Brokers with low spreads

If you're scalping, the concept of spread is especially important. In this case, the trade size is hundreds of times larger than the trader's deposit, which naturally increases the broker's commission.

That's why it's so important to find brokers with low spreads for your chosen trading instrument.

This article will present forex brokers with the lowest spreads for the EUR/USD currency pair, the most popular trading instrument.

Typically, such companies also charge significantly lower fees on other assets than their competitors. This also applies to fees for rolling swap positions.

As an experiment, I personally checked to what extent the information in the specifications corresponds to reality.

Alpari is one of the largest brokerage companies with the most favorable trading conditions, floating spread, except for cent accounts, five-digit quotes, no minimum deposit.

• Minimum - from 0 pip.
• Average - 0.7 pips.

RoboForex - a large selection of different account options with fixed or floating, be careful, on the ECN-Pro NDD account in addition to the spread, a commission of 2.45 per lot is taken.

• Minimum - 0.2 pips.
• Average - 0.5 pips.

AMarkets is a broker with fixed and floating spreads, which gives a choice, an initial deposit from 1 dollar, some of the lowest and most stable spreads.

• Floating from - 0.1 pips + 5 dollars per lot.

EXNESS Limited - the floating spread size starts from 0.1 pips and varies depending on the account type, there is also a commission based on volumes, on average it is another 0.5 pips per lot. Initial deposit is $100.

• Minimum – 0.1 + 0.5 commission.
• Average – 0.3 + 0.5 commission.

NPBFX (supported by Nefteprombank) – the most favorable trading conditions on the Expert and VIP accounts, however, the amounts to start trading on these accounts are quite impressive: $10,000 and $100,000, respectively.

• Minimum – 0.7 points.
• Average – 1.1

If you do not use scalping in your trading, then you do not particularly need to pay attention to the size of the indicator in question; a difference of tenths of a point is unlikely to significantly affect the financial result of the transaction. Therefore, you can choose any forex dealing center .

While Forex brokers with low spreads can significantly reduce costs when trading short-term strategies that involve opening a large number of trades.