Heads up:Trading real money is risky — most beginners lose money. Practice on a free demo first; only risk money you can afford to lose.
fxbps

Best low-cost brokers (tight spreads)

Tight spreads and low fees so more of your money goes into the trade, not the broker's pocket.

6 regulated brokers ranked for this, each with a free demo. Rankings reflect our editorial criteria — verify the details before you deposit.

Top rated

IC Markets

#1
4.6

Raw spreads and deep liquidity for cost-sensitive traders.

  • True ECN raw-spread accounts
  • Excellent for algos / Expert Advisors
  • Deep institutional liquidity & fast fills
Demo / min
$200
Spread from
0.0 pips
Leverage
1:1000
Lowest spreadsAlgo tradingActive traders
Regulated by:ASIC · CySEC · FSA
Open free demoRead full review →

CFDs are complex instruments with a high risk of losing money rapidly.

Exness

#2
4.7

Ultra-fast withdrawals and tight spreads, huge in Asia.

  • Instant & automatic withdrawals, 24/7
  • Very low minimum deposit to go live
  • Tight spreads, including zero-spread accounts
Demo / min
$10
Spread from
0.0 pips
Leverage
1:2000
Fast withdrawalsLow depositScalping
Regulated by:FCA · CySEC · FSCA · FSA
Open free demoRead full review →

Forex/CFDs are leveraged products. Most retail accounts lose money.

Capital.com

#3
4.6

AI-assisted CFD platform with a $20 start and great education.

  • AI-powered trading insights
  • Low $20 minimum deposit
  • Standout beginner education
Demo / min
$20
Spread from
0.6 pips
Leverage
1:30 (retail)
BeginnersCFDsLow deposit
Regulated by:FCA · CySEC · ASIC · FSA
Open free demoRead full review →

CFDs are complex instruments with a high risk of losing money rapidly.

OctaFX

#4
4.2

Low-cost trading with local funding loved across SE Asia.

  • Popular local e-wallet & bank deposits
  • No deposit or withdrawal fees
  • Clean, modern in-house app
Demo / min
$25
Spread from
0.6 pips
Leverage
1:1000
Local fundingLow feesMobile-first
Regulated by:CySEC · FSCA · FSC
Open free demoRead full review →

Trading involves substantial risk and may not be suitable for everyone.

XM

#5
4.3

Beginner-friendly with generous education and micro accounts.

  • Start from just a few dollars
  • Excellent free education & webinars
  • Micro lots keep position sizes (and risk) small
Demo / min
$5
Spread from
0.6 pips
Leverage
1:1000
BeginnersTiny depositsLearning
Regulated by:CySEC · ASIC · FSC
Open free demoRead full review →

Forex/CFDs are leveraged products. Most retail accounts lose money.

Plus500

#6
4.4

Simple, regulated CFD trading on a clean web & mobile platform.

  • Simple, award-winning platform
  • Wide range of CFD markets
  • Negative balance protection
Demo / min
$100
Spread from
Variable
Leverage
1:30 (retail)
CFD tradingEase of useRegulation
Regulated by:FCA · CySEC · ASIC · MAS · FSA
Open free demoRead full review →

CFDs are complex instruments with a high risk of losing money rapidly.

Or take the 60-second quiz

Browse by goal

Best brokers for beginnersBest brokers for fast withdrawalsBest brokers for copy tradingBest mobile trading appsMost strongly regulated brokers
Start my free demo

Free · no deposit · most beginners lose money trading real funds