We found 11 online brokers that are appropriate for Trading Zero Spread Accounts.
Best Zero Spread Accounts Guide
Updated March 03, 2021
Zero Spread accounts
When trading foreign exchange markets the variation between the ASK and BID price is known as a
spread. The spread represents brokerage costs and typically replaces broker commission and fees when trading.
With a zero spread account the broker offers an account that has no deviation in the ask and bid price.
They are the same.
It said by some trading experts in the Forex industry that if you are dealing in ‘day-trading’
or ‘high-frequency scalping,’ it is better to opt for brokers that offer for Zero Spread
accounts.
Zero spread accounts let you know your entry and exit levels before opening a trading position. Because
with Zero Spread accounts the bid and ask price are the same.
What are Zero Spread accounts
Lets understand Zero Spread accounts before discussing the advantages and disadvantages of trading
with a zero spread broker account.
Zero Spread accounts are offered by many brokers and are similar to basic trading accounts but without any
difference between the 'ask price' and 'bid price.' Zero spread accounts have the same ask and bid price.
These accounts are helpful when you want to know calculate the non-trading losses. One of the important
non-trading losses is the slippage.
Before the birth of STP brokers and ECN brokers, all brokers claimed to offer low commission rates or
low spreads,
but with the advent of new technologies, Zero Spread accounts were introduced to offer traders the better
trading prices.
Many brokers adopted Zero Spread accounts to allow them to remain competitive against other
brokerages.
Advantages of Zero Spread Accounts
Zero spread accounts offer low commission fees and low spreads. Zero Spread accounts are suitable for
day trading and high frequency scalping trading.
Zero spread accounts allows traders to gain access to the live market spreads without any additional
mark up on the spread by your broker.
If you are a small trader and don't like to widen your spreads, zero spread accounts are a good choice. If
you place your bid on the wrong side, you can change the trade bias and there will be no more damage to
your account by the spread.
With Zero spread accounts pricing is sourced from several liquidity providers. Commencing a trade at
the order price is essentially assured.
Disadvantages of Zero Spread Accounts
Be aware that brokers don't make much money from your Zero Spread accounts and so they may try
other ways to make money from you.
A broker may require a smaller or higher leverage when trading. Zero spread accounts often have higher
minimum deposits required by the broker before trading can commence.
Some brokers may not apply negative balance protection on zero spread accounts. Zero spread accounts
will often have tighter stop loss levels and margins make sure you check with your broker before making any
deposits.
Zero Spread accounts brokers’ comparisons
The first and foremost thing to look at is the commission a Zero spread accounts broker is charging from
you. Usually, it may be a nominal fee or commission and added to it would be a small markup.
You may also find some brokers who may not charge any commission. In such a condition, your position
may not be sent to the liquidity providers.
Zero Spread Accounts Verdict
Zero Spread accounts are gaining popularity lately due to the many features which are suited towards
beginners. Brokers offer zero spread are attracting traders who want to experience Forex trading without
taking much risk with low transaction costs.
However, be aware that nothing comes for free in this world even if a broker says the zero spread
accounts offered are free of any commission or fee.
Traders are urged to examine the fees or commission as well as the tactics employed by the broker to make
money from you.
We've collected thousands of datapoints and written a guide to help you find the best Zero Spread Accounts for you. We hope this guide helps you find a reputable broker that matches what you need.
We list the what we think are the best zero spread accounts below. You can go straight to the broker list here.
Reputable Zero Spread Accounts Checklist
There are a number of important factors to consider when picking an online Zero Spread Accounts trading brokerage.
Check your Zero Spread Accounts broker has a history of at least 2 years.
Check your Zero Spread Accounts broker has a reasonable sized customer support of at least 15.
Does the Zero Spread Accounts broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
Check your Zero Spread Accounts broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
Does your Zero Spread Accounts broker have an international presence in multiple countries. This includes local seminar presentations and training.
Make sure your Zero Spread Accounts can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Zero Spread Accounts.
We compare these features to make it easier for you to make a more informed choice.
Minimum deposit to open an account.
Available funding methods for the below Zero Spread Accounts.
What you are able to trade with each brokerage.
Trading Platforms offered by these brokers.
Spread type (if applicable) for each brokerage.
Customer support levels offered.
We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Zero Spread Accounts of 2021 compared
Here are the top Zero Spread Accounts.
Compare Zero Spread Accounts min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are zero spread accounts. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more zero spread accounts that accept zero spread accounts clients
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Cyprus Securities and Exchange Commission (CySEC)
Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Australian Securities and Investments Commission (ASIC)
Financial Conduct Authority (FCA)
Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
Unregulated
Unregulated
Ministry of Economic Affairs and Communications (Estonia)
Min Deposit
200
1
100
5
1
100
100
100
250
1000
500
Funding
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Bank transfer
Credit Card
Paypal
Used By
180,000+
10,000+
10,000+
70,000+
10,000+
10,000+
10,000+
50,000+
10,000+
10,000+
10,000+
Benefits
Allows scalping
Allows hedging
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Low min deposit
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Allows scalping
Allows hedging
Offers STP
Low min deposit
Guaranteed stop loss
Offers Negative Balance Protection
Allows scalping
Allows hedging
Offers STP
Low min deposit
Guaranteed stop loss
Offers Negative Balance Protection
Offers STP
Low min deposit
Accounts
Demo account
Mini account
Standard account
Zero spread account
Raw Spread account
Islamic account
Demo account
Micro account
Mini account
Standard account
Zero spread account
ECN account
Islamic account
Demo account
Mini account
Standard account
Zero spread account
ECN account
Managed account
Islamic account
Demo account
Micro account
Standard account
Zero spread account
Islamic account
Demo account
Micro account
Mini account
Standard account
Zero spread account
ECN account
Islamic account
Demo account
Mini account
Standard account
Zero spread account
ECN account
Demo account
Mini account
Standard account
Zero spread account
ECN account
Islamic account
Demo account
Micro account
Standard account
Zero spread account
ECN account
Micro account
Zero spread account
ECN account
Demo account
Micro account
Zero spread account
Islamic account
Zero spread account
Spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
fixed spreads
variable spreads
Platforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Tablet & Mobile apps
MT4, Tablet & Mobile apps
MT4, Web Trader, Tablet & Mobile apps
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)
AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA
US, JP
US, JP, NZ
US, CA, IL, KR, IR, MM, CU, SD, SY
No
US
US, CA, NZ, JP, BE
KR,IR
US
All Zero spread accounts in more detail
You can compare Zero Spread Accounts ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options,
regulation and account types side by side.
Trading the financial markets with Zero Spread Accounts when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Zero Spread Accounts
is the platform that a Zero Spread Accounts offer.
Choose Zero Spread Accounts that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Zero Spread Accounts that you can rely on.
6 Factors to Consider when Choosing Zero Spread Accounts
Follow these five rules for selecting a broker that's right for you:
Are Your Zero Spread Accounts Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets.
The top rated Zero Spread Accounts broker is
IC Markets.
Established in 2007, and in operation for 12 years
IC Markets
have a head office in Australia.
IC Markets
is regulated. This means IC Markets are supervised by and is checked for conduct by
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Roboforex
was established 2009, and in operation for 9 years
Roboforex
have a head office in Cyprus.
Roboforex
is regulated. This means Roboforex are supervised by and is checked for conduct by
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Cyprus Securities and Exchange Commission (CySEC)
Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Australian Securities and Investments Commission (ASIC)
Choose a broker that's at the forefront of innovation and generally considered an industry-leader.
IC Markets Segregates clients funds and offers over 232 instruments.
IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, IC Markets supports many popular third-party trading platforms enabling access to a
variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy.
IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve
and to maintain their competitive advantage.
Another good choice when looking for Zero Spread Accounts is
Roboforex .
Roboforex Segregates clients funds and offers over 100 instruments.
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
MT4, MT5, Tablet & Mobile apps
MT4, Tablet & Mobile apps
Excluded Countries
US
US, JP
US, JP, NZ
US, CA, IL, KR, IR, MM, CU, SD, SY, PT
No
US
Forex pairs offered
65
35
60
80
45
Forex pairs offered
65
35
60
80
45
Major forex pairs
Yes
Yes
Yes
Yes
Yes
Yes
Minor forex pairs
Yes
Yes
Yes
Yes
Yes
Exotic forex pairs
Yes
Yes
Yes
Yes
Yes
Cryptocurrencies (availability subject to regulation)
Yes
No
Yes
No
No
No
Commodities Offered
19
21
18
15
0
0
Metals
Yes
Yes
Yes
Yes
Yes
Yes
Energies
Yes
No
Yes
Yes
No
Yes
Agricultural
Yes
No
Yes
No
No
No
Stocks Offered
110
0
10000
160
0
UK Shares
No
No
Yes
No
No
No
US Shares
Yes
No
Yes
No
No
No
German Shares
Yes
No
Yes
Yes
No
Yes
Japanese Shares
Yes
No
Yes
Yes
No
Yes
What are the Zero Spread Accounts Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Zero Spread Accounts broker IC Markets
offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Zero Spread Accounts broker Roboforex offers
Forex, CFDs. Roboforex minimum deposit is 1.
Please note that any cryptocurrency availability with any broker is subject to regulation.
What are the Zero Spread Accounts Funding and Withdrawal Methods?
When dealing with Zero Spread Accounts having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
Find Zero Spread Accounts with Round-the-clock support?
Customer service is very important when dealing with Zero Spread Accounts.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services.
It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Zero Spread Accounts customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
Make sure the Zero Spread Accounts Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools.
With a wealth of knowledge from top analysts, IC Markets and
Roboforex work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important,
along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation.
As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as
selecting the best broker to access the markets.
Why do Zero Spread Accounts need to be regulated?
A regulated Zero Spread Accounts broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Zero Spread Accounts brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated.
This amounts to fraud if client money is used to conduct the business.
Regulation is required to make sure this does not happen.
IC Markets was established in 2007 and is used
by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies.
Cryptocurrency availability with IC Markets is subject to regulation.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
XM was established in 2009 and is used
by over 70000+ traders. Your capital is at risk XM offers Forex, CFDs.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
London Capital Group was established in 1996 and is used
by over 10000+ traders. Your capital is at risk London Capital Group offers Forex, CFDs, Spread Betting.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, Web Trader, Tablet & Mobile apps
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
TeleTrade was established in 2008 and is used
by over 50000+ traders. Your capital is at risk TeleTrade offers Forex trading, Spread Betting, Social trading, Share Dealing.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
VarenGold Bank AG was established in 2008 and is used
by over 10000+ traders. Your capital is at risk VarenGold Bank AG offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
Desktop,Android,iPhone,Mac
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
NinjaTrader Brokerage was established in 2008 and is used
by over 10000+ traders. Your capital is at risk NinjaTrader Brokerage offers Forex trading, CFD trading, Spread Betting, Share Dealing.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
MT4
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Amscot Stockbroking was established in 1853 and is used
by over 10000+ traders. Your capital is at risk Amscot Stockbroking offers Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
Funding methods
Bank transfer
Credit Card
Paypal
Platforms
IRESSTrader,IRESSInvestor,netIRESS,XPLAN
Customer support
Live chat Phone support Email support
Account Types
Micro account
Standard account
Islamic account
VIP account
Regulated by Ministry of Economic Affairs and Communications (Estonia)
Zero Spread Accounts FAQ
What are the best Zero spread accounts brokers?
The best Zero spread accounts brokers that are regulated are
The best Zero spread account broker is IC Markets. We consider
IC Markets one of the best Zero spread accounts brokers because IC Markets is actively
used by over 180000 active traders.
IC Markets ia regulated by tier 1 financial regulators including Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). IC Markets were founded in 2007 and have a headquarters in Australia. You can open a live trading account with IC Markets with as little as a 200 min deposit.
Related Zero Spread Accounts Reviews
Read our reviews on our Zero Spread Accounts listed above. You can read our indepth Zero Spread Accounts reviews below.
If you feel some of the above Zero Spread Accounts are not quiet what you are looking for or perhaps you would just like to see some alternatives.
See our highly rated list of Zero Spread Accounts alternatives below.
You can read some of our Zero Spread Accounts comparisons.
We compare side by side some of our top rated Zero Spread Accounts .
Read some Zero Spread Accounts VS pages below.