Top Zero Spread Accounts for 2020

We found 11 online brokers that are appropriate for Trading Zero Spread Accounts.

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.

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.

Top 15 Zero Spread Accounts of 2020 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 FP Markets Roboforex XM NordFX OctaFX Eightcap LCG teletrade varengoldbankag ninjatraderbrokerage
Rating
Regulation Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment 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 Investment Commission (ASIC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 Financial Conduct Authority (FCA) Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Unregulated Unregulated
Min Deposit 200 100 1 5 1 5 100 100 100 250 1000
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 60,000+ 10,000+ 10,000+ 70,000+ 10,000+ 30,000+ 10,000+ 10,000+ 50,000+ 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
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • 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
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • 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
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN 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
  • Micro account
  • Mini account
  • Standard account
  • Zero spread 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
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, 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, Tablet & Mobile apps MT4, MT5, Web Trader, cTrader, 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
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
fpmarkets
Sign Up with
roboforex
Sign Up with
xm
Sign Up with
nordfx
Sign Up with
octafx
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
NordFX
Demo
OctaFX
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 No US 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 2020 article further below. You can see it now by clicking here

We have listed top Zero spread accounts below.

Zero Spread Accounts List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

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 Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, 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 Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

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)
XM
(4/5)
Min deposit : 5
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 Investment Commission (ASIC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

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), License No: 209/13
OctaFX
(4/5)
Min deposit : 5
OctaFX was established in 2011 and is used by over 30000+ traders. Losses can exceed deposits OctaFX offers Forex

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Eightcap
(4/5)
Min deposit : 100
Eightcap was established in 2015 and is used by over 10000+ traders. Losses can exceed deposits Eightcap offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC)
LCG
(3/5)
Min deposit : 100
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
Regulated by Financial Conduct Authority (FCA)
teletrade
(2/5)
Min deposit : 100
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), The markets in financial instruments directive (MiFID)
varengoldbankag
(3/5)
Min deposit : 250
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
ninjatraderbrokerage
(3/5)
Min deposit : 1000
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