Forex Brokers with Minimal Spreads

One of the primary requirements for many traders is the look for such Forex brokers who are offering minimal spreads. The reason behind this is it minimizes losses for traders apart from making easier for those who open as well as closes many positions per trading session. It is the perfect low-cost trading solution that suits everyone.

Below are some of the Forex brokers with minimal spreads:

HotForex

Founded in 2008, the HotForex is regulated by CySEC in Cyprus and FSC in Mauritius. It uses MT4 trading platform formats and offers Micro, Premium and VIP accounts with escalating benefits. The broking agent offers variable tight spreads as well as specialized fixed spread account too.

HotForex’s EURUSD fixed spread is 1.8 pips and floating spread is 0.3 pips (Currenex).

FXTM

Abbreviated for Forex Time, the FXTM has been newly founded in 2012 with no minimum or maximum deposit and no commission is charged too. The company is regulated by several jurisdictions including South Africa’s FSB. It uses MT4, MT5, and MetaTrader Mobile trading platforms.

FXTM’s EURUSD fixed spread is 1.5 pips and floating spread is 0.6 pips (ECN).

Trade360

Trade360 is also a new forex broking company founded in 2013. Based in Limassol, Cyprus, the company is regulated by the Cyprus Securities Exchange Commission (CySEC). It uses own trading platform called CrowdTrader that facilitates trader to monitor the market with the help of live feed.

The EURUSD fixed spread of Trade360 is 1.8 pips.

Plus500

Plus500 is highly popular among UK traders as it offers several risk management features like price alerts, and guaranteed stop loss. It charges no deposit as well as no withdrawal fees. Founded in 2008, the company is regulated by the British Financial Conduct Authority (FCA).

Plus500’s EURUSD fixed spread is 2 pips.