In forex trading, the cost of a trade is determined by the pips, the spreads, the floating variable costs, the fixed trading costs, and in some cases no cost. Zero Pip Spread Forex brokers, are fx brokers that offer zero spread accounts with minimized cost of trading. This can turn into a big advantage for traders that trade big volumes.

Zero Pip Spread Accounts

Having a Zero Spread account simply means that the trading account offered by a broker has no difference between the two prices for a currency pair; the bid price and the ask price are the same. These accounts allow Forex traders to know entry and exit prices are in advance when they first open positions.

Accounts with a Zero pip spread are helpful when calculating losses that are not associated with trading, like slippage. They’re ideal for a variety of Forex trading strategies such as day trading and high-frequency scalping.

When brokers first started offering service, they advertised their low commission rates and low spreads as their main marketing tool. But, since the appearance of other types of brokers such as STP (Straight Through Processing) brokers and ECN (Electronic Communication Brokers) who compete for the best prices, the newest trend became Zero Spread accounts in order to tempt potential traders.

 

Zero Pip Spreads Forex Brokers List

Forex Broker
Regulation
Min. Deposit
Leverage
Start Trading
FXTM
FXTM
CySEC, FCA,
FSCA, IFSC
$/€/£ 5
1:1000

Review
AAATrade
AAATrade
CySEC
$/€/£ 500
1:200

Review
Activtrades
ActiveTraders
FCA
$/€/£ 100
1:400

Review
Admiral Markets
Admiral Markets
FCA, CySEC, EFSA
$/€/£ 200
1:500

Review
ADS Securities
ADS Securities
UAE Central Bank,
FCA, SFC
$/€/£ 100
1:500

Review
Aetos
AETOS
ASIC, FCA
$/€/£ 250
1:400

Review
Alpari
Alpari
FSC
$/€/£ 5
1:1000

Review
XtreamForex
XtreamForex
FSPC
$/€/£ 5
1:1000

Review
Alvexo
Alvexo
CySEC
$/€/£ 500
1:300

Review
Amana Capital
Amana Capital
FCA, CySEC, DFSA
$/€/£ 50
1:500

Review
Avatrade
Avatrade
Bank of
Ireland,
ASIC, JFSA,
FSCA
$/€/£ 250
1:400

Review
AxiTrader
AxiTrader
ASIC, FCA
$/€/£ 0
1:400

Review
Ayondo
Ayondo
BaFIN, FCA
$/€/£ 100
1:200

Review
BDSwiss
BDSwiss
CySEC, FSC
$/€/£ 200
1:400

Review
CityIndex
CityIndex
FCA
$/€/£ 100
1:400

Review
CMC Markets
CMC Markets
FCA, ASIC,
FMA, IIROC,
MAS
$/€/£ 0
1:30

Review
CMTrading
CMTrading
FSCA
$/€/£ 200
1:200

Review
Core Spreads
Core Spreads
FCA
$/€/£ 0
1:200

Review
Darwinex
DarWinex
FCA
$/€/£ 500
1:200

Review
Dukascopy
Dukascopy
FINMA
$/€/£ 1000
1:200

Review
easyMarkets
easyMarkets
CySEC, ASIC
$/€/£ 100
1:30

Review
EightCap
EightCap
ASIC
$/€/£ 100
1:500

Review
Etoro
Etoro
CySEC,FCA,
ASIC
$/€/£ 200
1:30

Review
ETX Capital
ETX Capital
FCA
$/€/£ 100
1:30

Review
EverFX
EverFX
CySEC
$/€/£2 50
1:30

Review
Exness
Exness
CySEC, FCA
$/€/£ 1
1:200

Review
FBS
FBS
IFSC, CySEC
$/€/£ 100
1:3000

Review
FIBO Group
FIBO Group
FSC, CySEC
$/€/£ 0
1:1000

Review
Forex.com
Forex.com
FCA, IIROC,
ASIC, CFTC
$/€/£ 50
1:200

Review
Fortrade
Fortrade
FCA
$/€/£ 100
1:100

Review
FP Markets
FP Markets
ASIC
$/€/£ 200
1:400

Review
FXCC
FXCC
CySEC
$/€/£ 500
1:200

Review
FXCM
FXCM
ASIC, FCA
$/€/£ 50
1:200

Review
FXDD
FXDD
MFSA
$/€/£ 100
1:100

Review
FXGlory
FXGlory
BoG
$/€/£ 1
1:3000

Review
FxGrow
FXGrow
CySEC ng>
$/€/£ 100
1:200

Review
FXOpen
FXOpen
FCA
$/€/£ 1
1:500

Review
FXPrimus
FXPrimus
CySEC, FSCA,
VFSC
$/€/£ 100
1:200

Review
FXPro
FXPro
FCA, CySEC,
SCB, FSCA,
DFSA
$/€/£ 500
1:500

Review
GKFX
GKFX
FCA
$/€/£ 20
1:400

Review
Halifax
Halifax
ASIC
$/€/£ 0
1:500

Review
HotForex
HotForex
CySEC
$/€/£ 50
1:500

Review
HYCM
HYCM
FCA, CySEC
$/€/£ 100
1:200

Review
IC Markets
IC Markets
ASIC
$/€/£ 200
1:500

Review
IFC Markets
IFC Markets
CySEC,
BVI FSC
$/€/£ 1
1:400

Review
IG
IG Group
FCA, ASIC,
CFTC, FINMA,
MAS, JFSA, DIFC
$/€/£ 250
1:30

Review
Instaforex
InstaForex
CySEC, FSC
$/€/£ 1
1:1000

Review
Interactive Brokers
Interactive Brokers
US SEC & CFTC,
ASIC, FCA
$/€/£200
1:400

Review
JFD Brokers
JFD Brokers
CySEC, FCA,
BaFIN,
CONSOB
$/€/£ 500
1:400

Review
London Capital Group
London Capital Group
FCA, CySEC
$/€/£ 0
1:500

Review
Libertex
Libertex
CySEC
$/€/£ 10
1:500

Review
Markets.com
Markets.com
CySEC
$/€/£ 100
1:300

Review
OANDA
OANDA
FCA, MAS,
ASIC, IIROC
$/€/£ 0
1:50

Review
Orbex
Orbex
CySEC
$/€/£ 500
1:500

Review
Pepperstone
Pepperstone
FCA, ASIC
$/€/£200
1:200

Review
Plus500
Plus500
FCA, CySEC,
ASIC, MAS
$/€/£ 100
1:30

Review
Rakuten Securities
Rakuten Securities
ASIC,
SFC
$/€/£ 50
1:200

Review
RoboForex
RoboForex
CySEC, IFSC
$/€/£ 10
1:1000

Review
RubixFX
RubixFX
ASIC
$/€/£ 200
1:400

Review
Saxo Bank
Saxo Bank
FSA, MiFID
$/€/£ 2000
1:100

Review
Spread Co
Spread Co
FCA
$/€/£ 500
1:200

Review
Spreadex
Spreadex
FCA
$/€/£ 0
1:200

Review
SVSFX
SVSFX
FCA
$/€/£ 100
1:400

Review
Swissquote
Swissquote
FINMA, FCA,
MFSA, SFC,
DFSA
$/€/£ 1000
1:100

Review
Tickmill
Tickmill
FCA, FSA,
CySEC
$/€/£ 25
1:200

Review
TradeMax
TradeMax
ASIC
$/€/£ 1000
1:400

Review
Tradersway
TradersWay
Not
Regulated
$/€/£ 0
1:1000

Review
trade.com
Trade.com
CySEC, MiFID
$/€/£ 100
1:300

Review
Trading 212
Trading 212
FCA
$/€/£ 100
1:300

Review
UFX
UFX
CySEC, FCA,
FSA,
CNMV, BaFIN
$/€/£ 100
1:400

Review
USGFX
USGFX
ASIC
$/€/£ 100
1:500

Review
Valutrades
Valutraders
FCA
$/€/£ 50
1:500

Review
Vantage FX
Vantage FX
ASIC
$/€/£ 200
1:500

Review
Windsor Brokers
Windsor Brokers
CySEC, IFSC
$/€/£ 500
1:50

Review
XM
XM
CySEC,
FCA, ASIC
$/€/£ 5
1:500

Review
XOpen Hub
XOpen Hub
FCA
$/€/£ 100
1:200

Review
XTB
XTB
FCA
$/€/£ 250
1:200

Review
XTrade
XTrade
CySEC, IFSC
$/€/£ 200
1:30

Review
ForexChief
ForexChief
VFSC g>
$/€/£ 1
1:400

Review
Grand Capital
Grand Capital
CRFIN, KROUFR
$/€/£ 10
1:2000

Review
Amarkets
Amarkets
SVGFSA
$/€/£ 1
1:500

Review

 

The Advantage of Using a Zero Spread Broker

For small traders, Zero Spread Accounts provide an opportunity to calculate their trades exactly, without worrying about the widening or tightening of spreads. For example, during a big data release, such as the rate decision of a bank, if a trader is on the ‘wrong’ side of a currency, having a Zero Pips Spread Forex broker would allow the trader to change their bias without damaging their account due to a spiking spread.

The Disadvantages

However, when trading with such a broker there are disadvantages too. The fx brokers still need to make their money so they do it in other ways. They might offer accounts with fixed commissions, bigger size of account when opening, Margin Calls that are tighter, not applying a negative balance protection and execution speeds that are slower than other types of account.

Comparing Zero Pip Spread Forex Brokers

The first thing when comparing brokers is to look at the commission charged. Some brokers have a nominal fee or commission, in addition to adding a mark-up, despite their claims to be a Zero pip broker. Some brokers offer commission-free Zero Spreads. These tend to be liquidity providers who don’t send the positions of their clients to the market.

Conclusion

Overall, with Zero Spread trading, new traders can try out Forex trading without the exposure to higher transaction costs. But, remember, nothing is ever free. Traders need to examine fees, commission and the tactics of brokers very carefully if they wish to make money.