Lowest Spread Forex Brokers in the USA 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the lowest spread Forex brokers in the USA based on our analysis:
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FOREX.com - Best US low spread Forex Broker - Broker with many years of history and a global reputation. A variety of deposit methods. A wide variety of available markets and products. - 2
IG - Licenses from regulators with a high level of credibility. Tight spreads. A variety of markets and products. - 3
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The spread is one of the most important factors when choosing a Forex broker in the United States, as it directly affects the cost of every trade. Brokers offering consistently low spreads allow U.S. traders to minimize transaction costs, making trading more efficient and potentially increasing overall profitability, especially for active strategies like day trading and scalping.
Comparison of the Best Forex Brokers with Low Spreads in the USA
| Broker | FOREX.com | IG | Trading.com |
|---|---|---|---|
| Rating | 4.1/5 | 4.1/5 | 4.1/5 |
| Foundation Year | 2000 | 1973 | 2017 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | United Kingdom, United States |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.1 points | from 0.165 points | from 0.6 points |
| Trading Assets (CFDs) |
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| Review | FOREX.com Review | IG Review | Trading.com Review |
| Broker Comparison | |||
| Register | Register68-81% of retail investors lose money when trading CFDs with this broker | Register68-72% of retail investors lose money when trading CFDs with this broker | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best Low Spread Forex Brokers in the USA 2026
1. FOREX.com
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
2. 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.
3. Trading.com
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
4. OANDA
Oanda is an excellent choice for US 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 US
Pros
- Tight spreads.
- Advanced trading platforms.
- Quality analytics.
- Extensive learning section.
Cons
- Limited trading account types.
- Inactivity fee.
- High swaps.
What to Consider When Choosing a Low Spread Forex Broker in the USA
When selecting a low spread Forex broker in the United States, it’s important to look beyond advertised spreads and assess several key factors that directly influence trading costs, safety, and execution quality.
Regulation & Safety
A trustworthy U.S. Forex broker must be regulated by the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA). This regulatory framework enforces strict capital requirements, transparent reporting, and strong consumer protection standards, ensuring a high level of safety for retail traders.
Spread Model & Trading Costs
Low spreads in the U.S. are typically offered through two main pricing structures:
- Commission-based pricing, where spreads are kept very tight and a fixed commission is charged per trade. This model is often preferred by high-volume and professional traders.
- Spread-only pricing, where all costs are built into the spread, providing simpler cost calculation and greater transparency for less active traders.
Execution Quality & Liquidity
Low spreads are most effective when paired with reliable execution. Look for brokers that offer:
- ECN or STP style execution
- Deep liquidity from multiple providers
- Consistent fills with limited slippage, even during volatile market conditions
Platforms & Trading Conditions
A competitive low spread broker in the U.S. should support stable and well-known trading platforms, offer advanced charting and risk management tools, and comply with U.S. leverage limits (up to 50:1 for major currency pairs). Flexible order types and fast platform performance are also essential.
Fees Beyond the Spread
To keep overall trading costs low, review all non-trading fees. Many U.S. Forex brokers do not charge deposit or withdrawal fees, but traders should be aware of potential inactivity fees or account maintenance charges over time.
How We Selected the Lowest Spread Forex Brokers in the USA
Our list of the best low spread Forex brokers in the USA was created using a structured evaluation process aimed at identifying brokers that combine competitive trading costs with high regulatory standards and reliable execution.
- First, the selection is based on our broader database of Forex brokers, where each company is assessed for overall reputation, financial strength, regulatory compliance, and long-term consistency of service quality in the U.S. market.
- Second, all shortlisted brokers were reviewed using our internal evaluation methodology. This analysis focuses on the transparency of spreads and commissions, order execution quality, platform stability, customer support availability, and overall performance in real trading environments.
- A key requirement for inclusion was the ability to legally accept U.S. clients and registration with the Commodity Futures Trading Commission (CFTC), along with membership in the National Futures Association (NFA). This regulatory framework enforces strict capital requirements, reporting obligations, and strong protections for retail traders.
- Finally, particular emphasis was placed on brokers offering spreads at or below the market average. Lower spreads directly reduce transaction costs and improve trading efficiency, which is especially important for active traders, day traders, and those using short-term strategies.
These criteria ensure that the Forex brokers featured on this page offer a balanced combination of low spreads, strong regulatory oversight, and high-quality trading conditions tailored to U.S.-based traders.
FAQ
What Is a Spread in Forex Trading?
The spread is the difference between the bid and ask price of a currency pair. It represents the main trading cost and is paid each time a position is opened.
Why Are Low Spreads Important in Forex Trading?
Low spreads reduce transaction costs, allowing traders to keep more of their profits. They are especially important for frequent trading strategies like scalping and day trading.
What Is Considered a Low Spread at Forex Brokers?
A low spread is generally below the market average. For major pairs like EUR/USD, spreads below 1.0 pip are considered competitive, while raw accounts may offer spreads from 0.0 pips plus commission.
Which Forex Brokers Have the Lowest Spreads in the USA?
In the U.S., brokers offering consistently low spreads are typically CFTC- and NFA-regulated firms that provide commission-based or institutional-style pricing on major currency pairs.
Is There a Zero Spread Forex Broker in the United States?
True zero-spread accounts are rare in the U.S. Most brokers advertising 0.0 spreads use raw pricing models where trading costs are covered by a fixed commission.
What Does Zero Spread Mean in Forex Trading?
Zero spread means there is no difference between the bid and ask price at certain times. However, brokers usually charge a commission per trade to compensate for this pricing model.
How Do Low Spread Forex Brokers Make Money?
Low spread brokers earn revenue through trading commissions, slightly marked-up spreads, overnight swap fees, and other non-trading services such as inactivity fees.
What Are the Advantages of Trading with Low Spreads?
Low spreads reduce trading costs, improve entry and exit pricing, and make short-term strategies more effective, particularly during high-frequency trading.
Are There Any Disadvantages to Low Spread or Zero Spread Accounts?
Yes. Commission-based accounts may increase costs for low-volume traders, and spreads can widen during high volatility or low liquidity periods.
Which Forex Broker Is Best for Scalping with Low Spreads?
The best brokers for scalping in the U.S. offer tight spreads, fast execution, no dealing desk intervention, and stable platforms with minimal slippage.
Which Currency Pairs Have the Lowest Spreads?
Major currency pairs such as EUR/USD, USD/JPY, GBP/USD, and USD/CHF typically have the lowest spreads due to high liquidity.
What Fees Do Low Spread Forex Brokers Charge?
Besides spreads, brokers may charge commissions, overnight swap fees, inactivity fees, and in some cases account maintenance fees.
Is Forex Trading Legal in the United States?
Yes, forex trading is legal in the U.S. when conducted through brokers regulated by the CFTC and registered with the NFA.
What Is the Maximum Leverage Allowed for Forex Trading in the US?
U.S. regulations limit leverage to 50:1 for major currency pairs and 20:1 for minor pairs, providing stronger risk protection for retail traders.
How Much Money Do I Need to Start Forex Trading?
Minimum deposits vary by broker, but many U.S. forex brokers allow trading to start with as little as $100, though higher capital provides better risk management.
Can Beginners Trade with Low Spread Forex Brokers?
Yes. Many low spread brokers offer beginner-friendly platforms, demo accounts, and educational tools, making them suitable for new traders despite their professional pricing models. Check our list of the best Forex brokers for beginners in the US.
