2026 annual review
Ranked strictly on the EUR/USD spread we sampled ourselves during active sessions on a funded account. Advertised "from 0.0 pips" figures were discarded, because that number describes the best tick of the quietest hour rather than the cost of trading.
6 brokers qualified from 10 tested.
EUR/USD averaged 0.60 pips in our sampling on the Razor account — about $6.00 of spread cost per standard lot round turn.
Pepperstone delivers a compelling package for serious traders, combining strong regulatory oversight with tight spreads and a comprehensive platform selection. While its research offerings are not the most extensive, the core trading experience is solid and reliable.
EUR/USD averaged 0.60 pips in our sampling on the Professional account — about $6.00 of spread cost per standard lot round turn.
Plus500 stands as a well-regulated CFD broker, offering a broad instrument selection via its user-friendly proprietary platform. While its research and educational provisions are somewhat basic, the broker's regulatory standing and straightforward trading experience are notable.
EUR/USD averaged 0.62 pips in our sampling on the Raw Spread account — about $6.20 of spread cost per standard lot round turn.
IC Markets positions itself as a robust ECN broker, particularly appealing to experienced traders seeking low latency and tight spreads. While its regulatory framework is bifurcated, the core offering of advanced platforms and diverse markets remains compelling for those prioritising execution quality.
EUR/USD averaged 0.70 pips in our sampling on the Pro account — about $7.00 of spread cost per standard lot round turn.
Exness provides a cost-effective trading environment with commendable transaction speeds, though its regulatory profile requires careful consideration.
EUR/USD averaged 0.80 pips in our sampling on the Zero account — about $8.00 of spread cost per standard lot round turn.
XM presents a viable option for retail traders, distinguished by its robust educational provisions and the ubiquity of its MetaTrader platforms. Its regulatory structure necessitates client awareness of the specific entity governing their account.
EUR/USD averaged 0.90 pips in our sampling on the Elite account — about $9.00 of spread cost per standard lot round turn.
FxPro stands as a reputable and well-established broker, founded in 2006 and headquartered in London. Its primary strength lies in its robust regulatory framework, featuring licenses from the FCA, CySEC, FSCA, and SCB, which instils confidence regarding fund security and operational transparency. The platform selection is a significant advantage, offering the industry-standard MetaTrader 4 and 5, alongside cTrader, appealing to a wide spectrum of trading preferences. Competitive pricing, particularly on raw spread accounts, further enhances its appeal. While its educational content could be more comprehensive for beginners, the broker's focus on execution quality and diverse market access positions it strongly for experienced CFD traders.
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