FEATURED

Check a broker's licence before you fund an account

Check Broker
Broker ratings & market news

traderpublic Ratings · Low-spread brokers

Brokers with low spreads

A spread figure means nothing without its qualifiers — which pair, which account type, and over what window it was averaged. A page that prints "EUR/USD 0.1" beside a broker's name and stops there is showing you a number nobody can verify.

Checked: the licence trail per published record, read from each regulator's own register on the date shown, plus the perk and desk-score rows from our research desk. The spread, commission and deposit values are written in per broker and labelled wherever they appear — placeholders for fields our research hub does not publish yet, not checked facts about those firms.

Trading CFDs carries a high risk of losing money. Nothing on this page is advice to open an account with any firm.

Broker records we publish

Ordered by the traderpublic desk score on each record. Records our desk has not scored are not ranked here.

Use it to compare at a glance, then read the licence trail under each broker below — that is the part our desk checked against the regulator's register.

FxPro Global Markets Limited4.7 out of 5Capital.com4.3 out of 5HF Markets (SV) Ltd4.3 out of 5TF Global Markets (STL) Limited4.3 out of 5Admirals4 out of 5
Made upECN accountYesNoNoYesYes
Made upMin. deposit$25$500$500$10$10
Made upSpread, EUR/USD0.8 pips1.3 pips1.3 pips1.3 pips0.1 pips
Made upCommission per lot$3.50$6.00$6.00$6.00$2.00
Made upDemo accountYesYesYesYesYes
Licences we verified23311
Open the recordView recordView recordView recordView recordView record

This order is our published desk score across the whole broker, tie-broken by verified licences. It is NOT a ranking by spread: we have measured no spread on this page.

  1. 1

    FxPro Global Markets Limited

    2 verified licences · 2 Sept 2026

    4.7 out of 5
    Open record
    Execution model
    Made upMarket maker
    Spread from
    Made upfrom 0.8 pips (EUR/USD, standard account)
    Commission
    Made up$3.50 per lot per side
    Minimum deposit
    Made up$25
    Raw / ECN account
    Made upRaw / ECN account available

    What the desk checked

    • Swap-free accountofferedOffered on request via the Back Office; fees may apply once positions on certain instruments stay open a set number of days.source · read on 16 Sept 2026
    • Islamic accountnot checked
    • Negative balance protectionofferedStated in the Client Agreement; clients may never lose more than their total deposits.source · read on 16 Sept 2026
    • Segregated client fundsofferedHeld in separate bank accounts with named custodian banks.source · read on 16 Sept 2026
    • No deposit feeofferedThird-party or bank fees may still apply.source · read on 16 Sept 2026
    • No withdrawal feeofferedE-wallet withdrawals can carry a fee if no trading took place.source · read on 16 Sept 2026
    • Cent accountnot checked
    • 24/7 supportnot offeredFxPro publishes 24/5 weekday support hours, not 24/7.source · read on 16 Sept 2026
    • Thai-language supportnot checked
  2. 2

    Capital.com

    3 verified licences · 2 Sept 2026

    4.3 out of 5
    Open record
    Execution model
    Made upHybrid ECN / market maker
    Spread from
    Made upfrom 1.3 pips (EUR/USD, standard account)
    Commission
    Made up$6.00 per lot round turn
    Minimum deposit
    Made up$500
    Raw / ECN account
    Made upRaw / ECN account available

    What the desk checked

    • Swap-free accountofferedCountry-restricted; requires contacting support with no open trades.source · read on 16 Sept 2026
    • Islamic accountnot checked
    • Negative balance protectionofferedRetail clients only; balance is reinstated to zero.source · read on 16 Sept 2026
    • Segregated client fundsofferedHeld at regulated banks, separate from company funds.source · read on 16 Sept 2026
    • No deposit feeofferedYour own bank may still charge for the transfer.source · read on 16 Sept 2026
    • No withdrawal feeofferedMinimum card withdrawal 20 USD/EUR/GBP.source · read on 16 Sept 2026
    • Cent accountnot checked
    • 24/7 supportofferedStated on the broker's own contact page.source · read on 16 Sept 2026
    • Thai-language supportnot checked
  3. 3

    HF Markets (SV) Ltd

    3 verified licences · 2 Sept 2026

    4.3 out of 5
    Open record
    Execution model
    Made upHybrid ECN / market maker
    Spread from
    Made upfrom 1.3 pips (EUR/USD, standard account)
    Commission
    Made up$6.00 per lot round turn
    Minimum deposit
    Made up$500
    Raw / ECN account
    Made upRaw / ECN account available

    What the desk checked

    • Swap-free accountofferedApplies to selected accounts and instruments under HFM's rollover policy.source · read on 16 Sept 2026
    • Islamic accountofferedSharia-compliant swap-free conditions on the Cent and Zero accounts.source · read on 16 Sept 2026
    • Negative balance protectionofferedA negative balance is automatically reset to zero.source · read on 16 Sept 2026
    • Segregated client fundsofferedClient funds cannot be used to repay company creditors.source · read on 16 Sept 2026
    • No deposit feeofferedBank transfers are free above $100; third-party charges may apply.source · read on 16 Sept 2026
    • No withdrawal feeofferedSending, correspondent and receiving banks may charge their own fees.source · read on 16 Sept 2026
    • Cent accountofferedCent lots (0.01 of a standard lot); account currency USC.source · read on 16 Sept 2026
    • 24/7 supportofferedHFM's own FAQ states 24/7 live support for all clients.source · read on 16 Sept 2026
    • Thai-language supportofferedThai-language contact page with a Thailand support line and Thai support mailbox.source · read on 16 Sept 2026
  4. 4

    TF Global Markets (STL) Limited

    1 verified licences · 2 Sept 2026

    4.3 out of 5
    Open record
    Execution model
    Made upHybrid ECN / market maker
    Spread from
    Made upfrom 1.3 pips (EUR/USD, standard account)
    Commission
    Made up$6.00 per lot round turn
    Minimum deposit
    Made up$10
    Raw / ECN account
    Made upRaw / ECN account available

    What the desk checked

    • Swap-free accountofferedAn administration fee applies to positions held longer than four days.source · read on 16 Sept 2026
    • Islamic accountofferedFor traders complying with Sharia law; admin fees waived for the first six days.source · read on 16 Sept 2026
    • Negative balance protectionofferedStated for FCA-regulated retail clients of the UK entity, in line with FCA rules.source · read on 16 Sept 2026
    • Segregated client fundsofferedClient capital is never used for the company's business interests.source · read on 16 Sept 2026
    • No deposit feeofferedThird-party provider charges may still apply.source · read on 16 Sept 2026
    • No withdrawal feeofferedInternational bank wires typically cost about USD 25, charged by the banks.source · read on 16 Sept 2026
    • Cent accountnot checked
    • 24/7 supportofferedMultilingual client support by live chat, email or phone.source · read on 16 Sept 2026
    • Thai-language supportnot checked
  5. 5

    Admirals

    1 verified licences · 2 Sept 2026

    4 out of 5
    Open record
    Execution model
    Made upECN / STP
    Spread from
    Made upfrom 0.1 pips (EUR/USD, raw account)
    Commission
    Made up$2.00 per lot per side
    Minimum deposit
    Made up$10
    Raw / ECN account
    Made upRaw / ECN account available

    What the desk checked

    • Swap-free accountofferedSwap-free option on Trade.MT5; excludes exotic pairs and digital currencies.source · read on 16 Sept 2026
    • Islamic accountofferedOpened as a Trade.MT5 account with the swap-free option.source · read on 16 Sept 2026
    • Negative balance protectionofferedRetail clients: unlimited per-account cover. Professional clients: up to EUR 50,000.source · read on 16 Sept 2026
    • Segregated client fundsofferedSegregated under CySEC rules at a regulated EU credit institution.source · read on 16 Sept 2026
    • No deposit feenot checked
    • No withdrawal feenot offeredOne free withdrawal request per month per method; a fee applies after that.source · read on 16 Sept 2026
    • Cent accountnot checked
    • 24/7 supportnot checked
    • Thai-language supportnot checked

What a spread figure needs before it means anything

The licence rows are verified. The cost rows are written-in examples, and each names the qualifiers a real figure would have to carry.

  • Licences we verified against the register
  • Average spreadMade upexample shape: 0.6 pips average (EUR/USD, standard account, 30 days)
  • How the average was takenMade upexample shape: median of hourly samples, London session
  • Spread by pairnot published
  • Overnight swap ratesnot published

Licences we checked ourselves

This is the part of the page that rests on evidence: each licence number was read from the regulator's own public register on the date shown.

FxPro Global Markets Limited

  • CySEC (CY)078/07 · 2 Sept 2026 ·
  • FCA (GB)509956 · 2 Sept 2026 ·

Capital.com

  • ASIC (AU)513393 · 16 Sept 2026 ·
  • CySEC (CY)319/17 · 16 Sept 2026 ·
  • FCA (GB)793714 · 2 Sept 2026 ·

HF Markets (SV) Ltd

  • CMA_KE (KE)155 · 16 Sept 2026 ·
  • CySEC (CY)183/12 · 2 Sept 2026 ·
  • FCA (GB)801701 · 2 Sept 2026 ·

TF Global Markets (STL) Limited

  • CySEC (CY)215/13 · 2 Sept 2026 ·

Admirals

  • CySEC (CY)201/13 · 2 Sept 2026 ·

Frequently asked questions

Why not just publish the spreads brokers advertise?

Because an advertised "from" spread is a best case, not an average, and it is usually quoted without the account type or the window. Republishing it would hand you a marketing figure with our name on it.

What would you need to publish a real spread?

The average, the pair, the account type, and the start and end of the measurement window — the field path beside each written-in row names exactly that.