Lowest EUR/USD spread forex brokers in 2025

Popularity of the lowest EUR/USD spread forex brokers

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Brokers charge various fees not directly related to trading. The most common among these are deposit/withdrawal fees, inactivity fees and account maintenance fees.

Recommended for traders of any experience level looking for an easy-to-use trading platform

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70% of retail CFD accounts lose money

Recommended for forex traders looking for low fees and great research tools

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75-76% of retail CFD accounts lose money

Recommended for investors and traders looking for solid research, low fees and great customer service

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Recommended for forex traders who value a user-friendly platform and great research tools

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75% of retail CFD accounts lose money

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and stock trading with low fees

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eToro securities trading offered by eToro USA Securities Inc, member of FINRA & SIPC. Investing involves risk.

Recommended for traders looking for broad market access and a professional trading environment

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• We checked whether the broker is regulated by a trusted regulator

• Analyzed forex fees, with special focus on EUR/USD spreads and commissions

• Checked the number of currency pairs available

• Opened an account and tested the platform (charting, features, usability) with real money

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Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

How to choose the best low EUR/USD spread forex brokers?

The concept of spreads is crucial in forex trading. The spread is the difference between the best purchase price and the best sell price on the forex market. Spreads are a key factor in how much a forex transaction will cost you as a trader.

Generally speaking, the lower the spread, the better for traders. In reality though, this is a bit more complicated.

Forex brokers make money by either offering a wide(r) spread or by offering narrow(er) spreads and charging a commission on top. Therefore, a narrow spread will not necessarily mean that your trading costs are low. You will always need to check whether commission is charged.

Many brokers advertise themselves as zero-spread brokers, but this can be misleading. While there are indeed many service providers out there whose minimum spread is 0 or close to 0, for the vast majority of the trades they charge higher spreads. The best way to ensure you trade forex at low costs is to check average spreads as those reflect the true costs charged by the broker.

Forex is a complex form of investment. If you are new to it, make sure you understand the basic concepts and you apply risk management measures. You can easily wipe out your trading account with a few bad trades. If you are unsure how forex trading works, take a look at our forex education articles.

Is there a broker with zero spreads?

At certain brokers the difference between the bid price and the ask price starts from 0 pips for interbank quotes. However, these brokers typically charge a fixed commission per trade defined by the broker.

Make sure you choose a reliable broker that is well regulated. The chance of forex scam among non-regulated zero-spread brokers tends to be high.

Which are the cheapest forex brokers for trading EUR/USD?

Here's a list of the best and forex brokers for trading EUR/USD:

1. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
2. Forex.com - Excellent selection of currency pairs. Competitive forex spreads. Diverse technical research tools.
3. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
4. Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
5. eToro - Low stock and ETF fees. Seamless account opening. Social trading.
6. Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.