Lowest Spread Forex Brokers in the UK 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the lowest spread Forex brokers in the UK based on our analysis:
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AvaTrade UK - Best UK low spread Forex Broker - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 3FxPro UK - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
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CMC Markets UK - Low trading fees. Wide range of markets and products. Access to the popular MetaTrader 4 and CMC Markets platforms. - 6
ActivTrades PLC - ActivTrades is a regulated broker with licenses from leading financial regulators. Wide range of trading assets. A wide variety of trading platforms. - 7
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IG - Licenses from regulators with a high level of credibility. Tight spreads. A variety of markets and products. - 10
HF Markets UK - Wide selection of trading assets. A variety of educational materials and analytical reviews.
The spread is one of the key factors when selecting a Forex broker, as it represents the cost of entering a trade. Lower spreads help traders reduce expenses and improve overall trading performance.
Comparison of the Best Forex Brokers with Low Spreads in the UK
| Broker | AvaTrade UK | Eightcap |  FxPro UK |
|---|---|---|---|
| Rating | 4.6/5 | 4.5/5 | 4.3/5 |
| Foundation Year | 2005 | 2015 | 2006 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, United Kingdom, Cyprus, Bahamas | United Kingdom, Cyprus, Bahamas |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0.2 points |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade UK Review | Eightcap Review | FxPro UK Review |
| Broker Comparison | |||
| Register | Register76% of retail investors lose money when trading CFDs with this broker | RegisterTrading CFDs carries high risks. You may lose all invested funds | Register73% of retail investors lose money when trading CFDs with this broker |
List of the Best Low Spread Forex Brokers in the UK 2026
1. AvaTrade
AvaTrade UK is well-suited for traders seeking a variety of trading instruments and user-friendly trading platforms. It can appeal to both beginners looking to start trading and experienced traders who want to expand their knowledge and skills.
Pros and Cons of AvaTrade UK
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
3. FxPro
FxPro UK provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. The company offers extensive educational materials and analytical tools to aid in decision-making.
This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro UK
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
4. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
5. CMC Markets
CMC Markets UK PLC has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are looking for a trustworthy and reputable broker with extensive experience.
Pros and Cons of CMC Markets UK
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
6. ActivTrades
ActivTrades PLC is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5, and TradingView platforms.
Pros and Cons of ActivTrades PLC
Pros
- ActivTrades is a regulated broker with licenses from leading financial regulators.
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional support team.
Cons
- Lack of diversity in trading accounts.
7. Admirals
Admirals UK is suitable for a broad spectrum of traders. With strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals UK
Pros
- A variety of trading account types.
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
8. OANDA
Oanda is an excellent choice for UK traders seeking a reliable and regulated broker with competitive spreads and various trading assets.
With quality analytics and diverse educational materials, Oanda suits beginners and experienced traders.
Pros and Cons of Oanda UK
Pros
- Tight spreads.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
9. IG
IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.
Pros and Cons of IG
Pros
- Licenses from regulators with a high level of credibility.
- Tight spreads.
- A variety of markets and products.
- Extensive set of analytical tools and content.
- Quality educational resources for different levels of traders.
Cons
- Limited choice of trading accounts.
- High trading fee on DMA account.
- Inactivity fee.
- Limited choice of payment methods.
10. HF Markets
HF Markets UK is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. Thanks to its industry experience and regulatory compliance, the company has become a trusted partner for British traders of all levels of expertise.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets UK
Pros
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
What to Consider When Choosing a Low Spread Forex Broker in the UK
When selecting a Forex broker with low spreads, it’s important to look beyond the headline numbers and evaluate several key factors that directly affect trading costs and execution quality.
Regulation & Trustworthiness
A reliable low-spread broker should be regulated by the UK Financial Conduct Authority (FCA). FCA regulation ensures strict oversight, segregation of client funds, and FSCS protection of up to £85,000 for eligible traders.
Spread Structure & Commissions
Low spreads are usually offered through different pricing models:
- Raw / ECN pricing with spreads from 0.0 pips and a fixed commission per trade, suitable for active traders and scalpers.
- Spread-only accounts, where all costs are included in slightly wider spreads, often preferred by beginners and occasional traders.
Order Execution & Slippage
Tight spreads are most effective when combined with fast and stable execution. Look for brokers that provide:
- ECN or STP execution models
- Low-latency infrastructure
- Minimal slippage during high-volatility periods
Trading Platforms & Conditions
A good low-spread broker should support popular platforms such as MetaTrader 4 or MetaTrader 5, offer advanced charting tools, and allow flexible position sizing and leverage within UK regulations.
Additional Costs & Fees
To keep trading truly low-cost, check for hidden charges. Many competitive UK Forex brokers do not charge deposit or withdrawal fees, though inactivity fees may apply after extended periods without trading.
How We Selected the Lowest Spread Forex Brokers in the UK
Our list of the best low spread Forex brokers in the UK was compiled using a structured evaluation process designed to highlight brokers that offer competitive trading costs and reliable trading conditions.
- First, the ranking is based on our broader database of Forex brokers, where each company is assessed for overall reputation, financial stability, regulatory standing, and consistency of service quality.
- Second, all brokers included in this list were reviewed according to our internal methodology. This assessment focuses on the transparency of spreads and commissions, execution quality, availability of customer support, trading platforms, and overall reliability in real trading conditions.
- A key requirement for inclusion was the ability to accept clients from the UK and regulation by the UK Financial Conduct Authority (FCA). FCA oversight ensures strict compliance standards, client fund segregation, and investor protection under the FSCS scheme.
- Finally, special emphasis was placed on brokers offering spreads below or close to the market average, as lower spreads directly reduce trading costs and improve trading efficiency, especially for active traders.
These criteria ensure that the Forex brokers featured on this page provide a strong balance of low spreads, regulatory safety, and high-quality trading conditions for UK-based traders.
FAQ
What Is a Spread in Forex Trading?
The spread is the difference between the buy (ask) and sell (bid) price of a currency pair. It represents the main trading cost paid to the broker when opening a position.
What Are Low Spread Forex Brokers and Why Do They Matter?
Low spread Forex brokers offer tighter bid-ask differences than average. Lower spreads reduce trading costs and are especially important for active traders, scalpers, and short-term strategies.
Which Forex Brokers Have the Lowest Spreads in the UK?
In the UK, the lowest spreads are typically offered by FCA-regulated brokers providing ECN or raw spread accounts with commission-based pricing.
Is There a Zero Spread Forex Broker in the UK?
True zero spreads are rare and usually available only during high-liquidity periods. Most “zero spread” accounts charge a fixed commission instead of widening the spread.
How Do Low Spread Forex Brokers Make Money?
Low spread brokers earn money through trading commissions, markups on raw spreads, swaps, and other service fees rather than wide spreads.
What Is Considered a Low Spread in Forex?
A low spread is generally considered to be below 1.0 pip on major currency pairs like EUR/USD, with raw accounts often offering spreads from 0.0–0.2 pips.
Which Forex Pairs Have the Lowest Spreads?
Major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and EUR/GBP usually have the lowest spreads due to high liquidity.
Are Low Spreads Better for Scalping and Day Trading?
Yes. Low spreads are crucial for scalping and day trading because frequent entries and exits make trading costs a key factor in profitability.
Which Low Spread Forex Broker Is Best for Scalping?
The best brokers for scalping offer ultra-low spreads, fast execution, minimal slippage, and allow scalping strategies without restrictions.
Do Low Spread Brokers Charge Hidden Fees?
Reputable FCA-regulated brokers are transparent about their pricing. However, traders should still check for commissions, swap rates, and inactivity fees.
What Non-Trading Fees Do Low Spread Brokers Charge in the UK?
Most UK brokers do not charge deposit or withdrawal fees. Some may apply inactivity fees after long periods without trading.
How Is the Forex Spread Calculated?
The spread is calculated by subtracting the bid price from the ask price. It can be fixed or variable, depending on market conditions and account type.
What Makes the Lowest Spread Forex Brokers Stand Out?
They combine tight spreads with fast execution, strong regulation, transparent pricing, reliable platforms, and competitive overall trading costs.
Which Forex Brokers Offer the Lowest All-In Trading Costs?
Brokers with raw spread accounts and low commissions usually offer the lowest all-in costs, especially for high-volume or active traders.
Is Forex Trading Suitable for Beginners in the UK?
Yes, Forex trading can be suitable for beginners when using FCA-regulated brokers, demo accounts, simple pricing models, and strong educational resources. Check our list of the best Forex trading platforms for beginners in the UK.
