Best Zero Spread Accounts Guide
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
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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Eightcap
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LCG
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teletrade
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varengoldbankag
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ninjatraderbrokerage
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | 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 |
| Min Deposit | 200 | 100 | 1 | 5 | 5 | 1 | 100 | 100 | 100 | 250 | 1000 |
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| Used By | 60,000+ | 10,000+ | 10,000+ | 70,000+ | 30,000+ | 10,000+ | 10,000+ | 10,000+ | 50,000+ | 10,000+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, cTrader, 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) | Desktop,Android,iPhone,Mac | MT4 |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with fpmarkets |
Sign
Up with roboforex |
Sign
Up with xm |
Sign
Up with octafx |
Sign
Up with nordfx |
Sign
Up with eightcap |
Sign
Up with londoncapitalgroup |
Sign
Up with teletrade |
Sign
Up with varengoldbankag |
Sign
Up with ninjatraderbrokerage |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
| Demo |
IC Markets Demo |
FP Markets Demo |
Roboforex Demo |
XM Demo |
OctaFX Demo |
NordFX Demo |
Eightcap Demo |
London Capital Group Demo |
TeleTrade Demo |
VarenGold Bank AG Demo |
NinjaTrader Brokerage Demo |
| Excluded Countries | 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, NZ | US, JP | US, CA, IL, KR, IR, MM, CU, SD, SY | US | 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.
We also have an indepth Top Zero Spread Accounts for 2021 article further below. You can see it now by clicking here
We have listed top Zero spread accounts below.
Zero Spread Accounts Table of Contents
- Zero Spread Accounts Explained
- 6 Factors to Consider when Choosing Zero Spread Accounts
- Are Your Zero Spread Accounts Trusted And Established?
- Are The Zero Spread Accounts World Leading?
- What are the Zero Spread Accounts Commissions and Fees?
- What are the Zero Spread Accounts Funding and Withdrawl Methods?
- Find Zero Spread Accounts with Round-the-clock support?
- Make sure the Zero Spread Accounts Offer Comprehensive Trader resources?
- Why do Zero Spread Accounts need to be regulated?
- Zero Spread Accounts FAQ
- What are the best Zero spread accounts brokers?
- What is the best Zero spread account broker?
- Related Zero Spread Accounts Reviews
- Related Zero Spread Accounts Alternatives
- Related Zero Spread Accounts Comparisons
Zero Spread Accounts Explained
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.
Another top rated broker is FP Markets.
FP Markets was established 2005, and in operation for 15 years FP Markets have a head office in Australia.
FP Markets is regulated. This means FP 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.
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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| Year Established | 2007 | 2005 | 2009 | 2009 | 2011 | 2008 |
| Head Office | Australia | Australia | Cyprus | Cyprus | St. Vincent and the Grenadines | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Used By | 60,000+ | 10,000+ | 10,000+ | 70,000+ | 30,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | Yes | |
| Learn More | Visit IC Markets | Visit FP Markets | Visit Roboforex | Visit XM | Visit OctaFX | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
Are The Zero Spread Accounts World Leading?
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 FP Markets . FP Markets Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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| Instruments Available | 232 | 100 | 100 | 1000 | 50 | 50 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Excluded Countries | US | US, JP, NZ | US, JP | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US | No |
| Forex pairs offered | 65 | 60 | 35 | 80 | ||
| Forex pairs offered | 65 | 60 | 35 | 80 | ||
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | ||
| Exotic forex pairs | Yes | Yes | Yes | Yes | ||
| Cryptocurrencies | Yes | Yes | No | No | No | No |
| Commodities Offered | 19 | 18 | 21 | 15 | 0 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | No |
| Agricultural | Yes | Yes | No | No | No | No |
| Stocks Offered | 100 | 10000 | 0 | 160 | ||
| UK Shares | No | Yes | No | No | No | No |
| US Shares | Yes | Yes | No | No | No | No |
| German Shares | Yes | Yes | No | Yes | Yes | No |
| Japanese Shares | Yes | Yes | No | Yes | Yes | No |
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 FP Markets offers Forex, CFDs. FP Markets minimum deposit is 100.
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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| Min Deposit | 200 | 100 | 1 | 5 | 5 | 1 |
| Withdrawl Fees | No | No | Yes | No | No | No |
| Inactivity Fees | No | No | No | Yes | No | No |
| Deposit Fees | Varies | Yes | No | No | No | No |
| CFD Commission Fees | Yes | Yes | No | No | No | Yes |
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.
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | Yes | No | No | No | No |
| Skrill | Yes | Yes | No | No | No | No |
| Payoneer | No | No | Yes | No | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
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
FP Markets support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese
IC Markets and FP Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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FP Markets
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Roboforex
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XM
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OctaFX
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NordFX
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit FP Markets | Visit Roboforex | Visit XM | Visit OctaFX | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
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 FP Markets 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.
Zero Spread Accounts List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile apps (Ios & Android)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Desktop,Android,iPhone,MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account