The Forex market has always been one of the most active and interesting financial markets among the many available online. We’re speaking about the market with the most liquidity between all, which is interested in trading movements performed by some serious big players (meaning: the main banks and financial institutes of the world).
It’s no surprise than if many retail traders want a piece of the pie and become an active part of this market.
Today, we want to help out all those future traders who are Forex enthusiasts and wants to know all the low spread forex brokers available today in 2021
Our Top Choices
We decided to make a smart list of only 3 brokers, which have been rated and selected after checking dozens of other similar services of this kind.
Even before doing this check though, we want to underline the fact that we discarded every non-regulated broker, no matter what their offer was. That’s because even if they declared to have the best features available today or the best deals, they were not in the position to prove it.
Remember: a non-regulated broker poses a serious threat to your finances because you may fall in a scam when asking for their services.
Pepperstone
The Australian broker Pepperstone is considered to be one of the most sophisticated CFDs providers for the Forex market. Empowered by advanced tech if compared to the competition and with an extremely competitive spread, ECN Razor account provided by Pepperstone is our top choice.
In addition, this broker comprehends low trading cost and an execution speed way faster than the average on this type of platform.
BASIC INFO:
- Regulations: FCA (#684312), MIFID-ESMA, ASIC, DFSA, CYSEC, Offshore
- Trading Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
- Minimum Deposit: $200
XM
This brokerage service has surged and has one of the best brokerage services in Europe for trading in the Forex market thanks to their spreads as low as zero pips.
On XM average spreads are 0.1 and the minimum deposit required for starting a standard account amounts to only $5. With such an affordable price to start trading for real not only with FX pairs, but in thousands of financial instruments.
These include:
BASIC INFO:
- Regulations: MIFID-ESMA, ASIC, CYSEC
- Trading Platforms Available: MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
- Minimum Deposit: $5
OctaFX
This broker has become famous internationally for being well regulated and having an important presence not only in Western countries, but also in Asian nations where trading has become more and more popular day by day.
With OctaFX you’ll have access to an astonishing number of different trading platforms where you can perform all the trading operations needed to gain your financial success, with a minimum of 0.4 pips for Forex trading.
Copy trading is available on their platforms and you can open an account with only $100 of minimum deposit.
BASIC INFO:
- Regulations: MIFID-ESMA, CYSEC
- Trading Platforms Available: cTrader desktop, cTrader web, MT4 Desktop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
- Minimum Deposit: $100
