Select Page

Best Zero Spread Forex Brokers in 2024

Overview of the Zero Spread Forex Brokers in 2024

The table below provides a comprehensive overview of the top zero spread forex brokers in 2024. It includes key details such as the minimum deposit required, leverage offered, FX commission per lot, the number of currency pairs available, and support for credit/debit card transactions. This comparison helps traders identify the brokers that best meet their trading preferences and needs.

BrokerMinimum DepositLeverageFX Commission Per LotCurrency PairCredit/Debit Card
IC Markets$2001:30 $3.50 commission per lot per trade65
FP Markets$50 1:30 $3.00 commission per lot per trade70
Vantage$501:30 $3.00 commission per lot per trade40+
Pepperstone$01:30 $3.50 commission per lot per trade90+
Tickmill$1001:30 $2.00 commission per lot per trade62
Interactive Brokers$0 1:50 $2.00 commission per lot per trade100+
FXTM$5001:30 $3.50 commission per lot per trade60+
Exness$2001:30 No commission is charged 100+
Capital.com$201:30 No commission is charged125+
CMC Markets$01:30 No commission is charged300+

Trading Fees of the Best Zero Spread Forex Brokers

The fees associated with a trade, such as spreads, commissions, and other trading costs, are crucial when choosing a broker. To help you make an informed decision, we have compiled a table below showcasing the most important forex spreads.

BrokerEUR/USD SpreadGBP/USD SpreadAUD/USD SpreadEUR/CHF SpreadEUR/GBP Spread
IC Markets0.00.00.00.20.2
FP Markets0.10.20.20.40.2
Vantage0.10.30.40.60.3
Pepperstone0.10.20.20.40.3
Tickmill0.20.30.20.70.5
Interactive Brokers0.20.40.30.50.3
FXTM0.21.20.50.80.6
Exness0.30.50.41.00.5
Capital.com0.61.30.62.32.0
CMC Markets0.71.20.71.21.1

Non-Trading Fees at the Best Zero Spread Forex Brokers

Non-trading fees are charges that are not directly tied to individual trades. These typically include account maintenance, deposit and withdrawal fees, and inactivity fees. The table below provides information on the non-trading fees of the best zero spread forex brokers, helping you make an informed choice.

BrokerAccount FeesDeposit FeesWithdrawal FeesInactivity Fees
IC MarketsNo$0$0 No
FP MarketsNo $0$0 No
VantageNo$0 $0 No
PepperstoneNo$0$0 No
TickmillNo$0$0No
Interactive BrokersNo$0$0 No
FXTMNo$0$3 Yes
ExnessNo$0$0No
Capital.comNo$0$0Yes
CMC MarketsNo$0$0Yes

Can I Trust These Zero Spread Forex Brokers?

When choosing a best zero spread forex brokers, trust is paramount. We evaluate each broker’s regulatory status, protections available to investors, customer reviews, and track record for transparency and reliability. Learn about the measures these brokers take to protect your investments and ensure a secure trading environment.

BrokerEstablishment YearTop-tier RegulatorsInvestor ProtectionInvolved in the scandal
IC Markets2007FCA in the UK and ASIC in Australia€20k to EU clients and $0 to othersNo
FP Markets2005ASIC in Australia, CySEC in the EU€20k to EU clients, $0 to othersNo
Vantage2009FCA in the UK, ASIC in Australia£85 to UK clients and $0 to othersNo
Pepperstone2010FCA in the UK, ASIC in Australia, and BaFin in Germany£85k to the UK and €20k to EU clients, $0 to othersNo
Tickmill2014FCA in the UK, and CySEC in Cyprus£85k for UK and €20k for EU clients, $0 for othersNo
Interactive Brokers1978FCA in the UK, SEC in the US, and ASIC in Australia$500k (up to $250k on cash) to US clients. No
FXTM2011FCA in the UK, FSC in the Mauritius, CySEC in the Cyprus£85k to UK clients, €20k to EU clients, and $0 to othersNo
Exness2008FCA in the UK, SEC in the US, CySEC in Cyprus, FSCA in South Africa, BaFin in Germany, ASIC in Australia£85k for UK residents, €20k for EU residents; no specific information on protection is available for other countries.No
Capital.com2007FCA in the UK, ASIC in the Australia, CySEC iin the Cyprus$500k (including $250k for cash claims) for the US, £85k for the UK, a minimum of €20k for EU countries and $0 for others.No
CMC Markets1989FCA in the UK, CIRO in Canada, and ASIC in Australia£85k to UK clients, €20k to EU, CAD 1mn to Canadian, $0 to other clientsNo

Best Zero Spread Forex Brokers Snapshot

IC Markets
IC Markets
Mobile App Score5.0
Minimum Deposit$200
FX Commission Per Lot$3.50 commission per lot per trade
Currency Pairs65
Deposit MethodsBank wire, Credit cards, Digital wallets
Withdrawal MethodsBank wire, Credit cards, Digital wallets
Trading PlatformMT5, MT4, cTrader, IC Social, Signal Start, ZuluTrade
Time to Open an Account2 day
Demo Account
Customer ServicesAvailable 24/7 via live chat, phone, and email
FP Markets
FP Markets
Mobile App Score4.8
Minimum Deposit$50
FX Commission Per Lot$3.00 commission per lot per trade
Currency Pairs70+
Deposit MethodsCredit/debit cards, bank wire transfers, and e-wallets
Withdrawal MethodsCredit/debit cards, bank wire transfers, and e-wallets
Trading PlatformMT4, MT5, cTrader
Time to Open an AccountI day
Demo Account
Customer ServicesAvailable 24/7 via live chat, phone, and email
Mobile App Score4.5
Minimum Deposit$50
FX Commission Per Lot$3.00 commission per lot per trade
Currency Pairs40+
Deposit MethodsBank transfer, Visa and Mastercard, Neteller, Skrill, FasaPay, Thailand Instant Bank, and PayPal payment systems
Withdrawal MethodsBank transfer, Visa and Mastercard, Neteller, Skrill, FasaPay, Thailand Instant Bank, and PayPal payment systems
Trading PlatformVantage Markets app, МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), WebTrader, ProTrader
Time to Open an AccountI day
Demo Account
Customer ServicesAvailable 24/7 via live chat, phone, and email
Pepperstone
Pepperstone
Mobile App Score4.5
Minimum Deposit$0
FX Commission Per Lot$3.50 commission per lot per trade
Currency Pairs90+
Deposit MethodsCredit/debit card, PayPal, Neteller, Skrill, Poli, wire transfer
Withdrawal MethodsCredit/debit card, PayPal, Neteller, Skrill, Poli, wire transfer
Trading PlatformMT5, MT4, cTrader, TradingView
Time to Open an AccountI day
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email
Mobile App Score4.2
Minimum Deposit$100
FX Commission Per Lot$2.00 commission per lot per trade
Currency Pairs62
Deposit MethodsBank transfers, Visa/Mastercard, Neteller/Skrill, STICPAY, Fasapay, UnionPay, NganLuong.vn, QIWI, WebMoney
Withdrawal MethodsBank transfers, Visa/Mastercard, Neteller/Skrill, STICPAY, Fasapay, UnionPay, NganLuong.vn, QIWI, WebMoney
Trading PlatformMT4, MT5, Mobile trading app
Time to Open an AccountI day
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email
Interactive Brokers
Interactive Brokers
Mobile App Score5.0
Minimum Deposit$0
FX Commission Per Lot$2.00 commission per lot per trade
Currency Pairs100+
Deposit MethodsBank transfer
Withdrawal MethodsBank transfer
Trading PlatformIBKR Desktop, IBKR Trader Workstation (TWS), IBKR Mobile,IBKR GlobalTrader, IBKR Client Portal
Time to Open an Account1-3 days
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email
Mobile App Score4.2
Minimum Deposit$500
FX Commission Per Lot$3.50 commission per lot per trade
Currency Pairs60+
Deposit MethodsBank transfer, Credit cards, E-Wallets, and Bankwire
Withdrawal MethodsBank transfer, Credit cards, E-Wallets, and Bankwire
Trading PlatformMetaTrader 4 (MT4) and MetaTrader 5 (MT5)
Time to Open an Account1 day
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email
Mobile App Score4.5
Minimum Deposit$200
FX Commission Per LotFX commission per lot varies based on account type: Pro accounts have no commission, Zero accounts charge from $0.05 per side per lot, and Raw Spread accounts charge up to $3.50 per side per lot.
Currency Pairs100+
Deposit MethodsBank transfers, credit/debit cards, and e-wallets
Withdrawal MethodsBank transfers, credit/debit cards, and e-wallets
Trading PlatformMT5, MT4, Exness Terminal (Web), Exness Trade App (Mobile)
Time to Open an Account1 day
Demo Account
Customer ServicesAvailable 24/7 via live chat, phone, and email
Capital.com
Capital.com
Mobile App Score4.5
Minimum Deposit$20
FX Commission Per LotNo commission is charged
Currency Pairs125+
Deposit MethodsBank transfer, PayPal, credit and debit card payment systems, iDeal, 2c2p, Astropay, TEF, Sofort, Giropay, Multibanko, Trustly, and Przelewy24.
Withdrawal MethodsBank transfer, PayPal, credit and debit card payment systems, iDeal, 2c2p, Astropay, TEF, Sofort, Giropay, Multibanko, Trustly, and Przelewy24.
Trading PlatfromWeb, Mobile application, MT4, Tradingview
Time to Open an Account1 day
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email
CMC Markets
CMC Markets
Mobile App Score5.0
Minimum Deposit$0
FX Commission Per LotNo commission is charged
Currency Pairs300+
Deposit MethodsCredit/debit card, PayPal, Bank transfer
Withdrawal MethodsCredit/debit card, PayPal, Bank transfer
Trading PlatformiOS, Android, MT4
Time to Open an Account1-3 days
Demo Account
Customer ServicesAvailable 24/5 via live chat, phone, and email

Methodology

To choose the best zero spread forex brokers, we thoroughly check, verify, and compare the most important elements to consider when selecting an excellent broker. This includes evaluating benefits, drawbacks, and overall grades determined by our research. Our goal is to help you find the ideal broker for your investment needs. You can read more about our methodology by visiting this page.

Leave a reply

Your email address will not be published. Required fields are marked *