4.7/ 5
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Read ReviewRaw-spread (or 'razor') accounts pass interbank pricing directly to clients, with EUR/USD spreads regularly touching 0.0 pips, and charge a per-lot commission instead. This model is almost always cheaper than a spread-markup account for active traders executing more than a few lots per day. Compare the all-in cost - spread plus commission - rather than headline spread alone.
8 brokers
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Read ReviewMulti-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Read ReviewTrue ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.
Read ReviewAmong the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.
Read ReviewNo minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.
Read ReviewOne of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.
Read ReviewNew Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.
Read ReviewNo minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.
Read ReviewWhen comparing Raw Spreads brokers, prioritise regulatory standing, pricing, platform reliability, and customer support. Our list ranks brokers by overall rating across all these criteria.
We currently list 8 forex brokers with Raw Spreads. The full list above is sortable by rating, spreads, and minimum deposit.
Raw Spreads can be appropriate for beginners depending on your goals. We recommend opening a demo account first so you can explore the feature risk-free before committing real capital.
Regulation varies by broker. All brokers in our list display their primary regulatory authority. Always verify a broker's licence directly with the regulator's official register before depositing funds.
Choose a broker from the list above, click through to their full profile, and compare pricing, platforms, and regulation. Most brokers offer a free demo account, so you can test the platform before depositing.
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