Best Forex Brokers With Lowest Spreads (Top 10) In 2021

Having the services of an experienced and regulated forex broker can help you a lot while you are forex trading. But with so many forex traders already providing services, it isn’t an easy job selecting the best one to meet your needs. If you are someone starting fresh, there are a few characteristics you can watch out for while selecting the best forex brokers With Lowest Spreads.
One of the major characteristics of a good forex broker is to provide traders with low spreads. While there are many forex trading platforms out there, it is only a few that provide users with options for lowering costs on their forex operations. Some of the well-known and best forex brokers with lowest spreads. These forex brokers help cut down financial losses for traders by offering their low spreads. Thanks to these features, traders can secure their funds and make profits.
The above mentioned forex brokers not only provide low spreads but also provide traders with a secure and reliable trading platform. They offer excellent customer service and a variety of trading resources and tools to make trading easier for users- both experienced and novice. With an intuitive and robust trading platform on offer, these forex brokers cut through the competition and are a favorite among traders these days.

  • XM – best overall offer 2021
  • Hotforex– Lowest trading fees
  • FXTM – MetaTrader 4 and MetaTrader 5 platform support
  • Easymarkets – great trading platform
  • Exness – best Forex Broker for Beginners

Low Spread Forex Broker

Here Are Some Of The Best Forex Broker With Lowest Spread You Can Try Out Sooner Or Later:

1.XM
If you are an online forex broker with lots of experience and positive reviews, then XM fits the bill perfectly. With more than 1000 financial instruments on offer through XM, there is so much an experienced and novice forex trader to look forward to. As a user, XM’s trading platform can be accessed from anywhere in the world. Furthermore, the forex broker is regulated by different financial authorities, including IFSC (the International Financial Services Commission of Belize), ASIC (the Australian Securities and Investments Commission), and CySEC (the Cyprus Securities and Exchange Commission).
All the financial instruments available through XM can be traded through its Metatrader4/Metatrader 5 platforms. Some of the options available for trading include CFDs on energies and precious metals, CFDs on stock market indices, CFDs on raw materials, CFDs, equities, currency trading, etc.
Established in 2009, XM is operational in 120 cities worldwide and has helped in execution of millions of trades with almost nil re-quotes or rejections. XM provides three different trading accounts for users – XM Zero, Micro, and Standard. The forex broker also offers an Islamic account without swaps.

Pros:
✅ Multiple awards
✅ More than 1.500.000 international customers
✅Account Currencies: USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR.
✅ Low spreads, low commissions & fast trade execution speeds

✅Low spreads from 0 Pips
✅ Leverage up to 888:1
✅No requotes, No slippages policy
✅ Negative balance protection

✅ Fast and easy account opening
✅ Hedging, scalping & expert advisors allowed
✅ Support in nearly 30 languages
✅ 16 full feature trading platforms
✅ Free VPS for clients who maintain a balance (Equity-Credit) USD ✅ 5,000 or currency equivalent. No end date for this promotion;
✅SWAP Free Islamic
✅Incredible educational tools

✅No withdrawal fee
✅ Low minimum deposit
✅ Several account base currencies
✅Good customizability
✅ Clear free report
✅ Price alerts
✅ Good search function
✅ User-friendly trading platform
✅ Quality news flow
✅ Great trading ideas

                      The Markets With XM – Over 3.5M Traders Choose XM

Regulated by: ASIC, IFSC, Cysec
Year in Industry: 2009
Spreads: Variable
Trading Platform(s): MT4, MT5
Minimum Deposit: $5
Maximum Leverage: 1:888
Minimal size lot: 0.0001 lot
Payments Options: Wire Transfer, Neteller,, Skrill, Credit/Debit cards, Multiple Local Payment

         Open Your XM Trading Account – With Fast Direct Execution

Hotforex
When you are looking for a reputed and well-established commodities and forex broker, HotForex comes to mind. The award-winning forex broking company provides a variety of trading facilities and services to both institutional and retail clients. It was established in 2010 and has the license to operate from CySEC, FCA, FSC, DFSA, BaFin, and FSB. Different products that can be traded on HotForex’s platform include forex, CFDs on commodities, Spot Metals, cryptocurrencies, Shares and Oil, bonds, and indices.
Given its policy of providing the best trading environment to traders and scalpers, HotForex has achieved a position where it is one among the most preferred forex brokers for traders across the globe. The forex broker has the distinction of providing unrestricted access to liquidity and expert advice solutions to users through its HotForex PAMM system and MT4/MT5 platforms. HotForex makes it easier for traders to calculate their positions by not charging additional commission or fees. However, for positions that are held for more than a day, a small rollover fee is charged.
HotForex was founded in 2010 and is headquartered in Larnaca. It has offices in South Africa, Dubai, St Vincent and the Grenadines, read this article on forex brokers uae.

Pros:
✅ OVER 2.5MILLION ACCOUNTS
✅ Winner of over 40 Industry Awards
✅ Regulations of HF Markets Group include:
FCA, DFSA, FSCA and FSA
✅ Up to 1000:1 Leverage
✅ Lower Spreads
✅Low spreads from 0 Pips
✅ Faster Execution
✅ Advanced Trading Tools
✅ Segregation of funds
✅ Swap-Free Islamic trading account
✅ No price requotes
✅ Commission-free trading accounts available.
✅ No deposit or withdrawal fees
✅ HotForex offers negative balance protection
✅ Forex Tools: Trading Central, One Click Trading, EA Support
✅ Free VPS hosting
✅ Multiple trading platforms
✅ Multilingual 24/5 customer support
✅ Free education
✅ Availability of bonuses and promotions
✅ Automated trading features
✅ Scalping, EAs and Hedging
✅ Available in different languages
✅ Different trading platforms
✅ Expert advisors
✅ 1st deposit bonus

                      REGULATED BROKER 2,500,000+ LIVE ACCOUNTS OPENED

Regulated by: DFSA, FCA, FSC, FSCA
Year in Industry: 2010
Spreads: Variable
Trading Platform(s): MT4, MT5
Minimum Deposit: $5
Maximum Leverage: 1:1000
Minimal size lot: 0.01 lot
Payments Options: Credit/Debit cards, Wire Transfer, Neteller, Bitcoin, Skrill, Webmoney

Easymarkets
Also known in the forex world as ‘easy-forex’, EasyMarkets came into existence in 2001. Today, the broker boasts of having a turnover of more than $1.5 trillion and has more than 100,000 active traders on its platform. EasyMarkets has offices in Sydney, Warsaw, and Shanghai. It is licensed by MiFid in Europe and ASIC in Australia and regulated by CySEC in Cyprus.
To open a Standard account with EasyMarkets, users need at least $100 for making an initial deposit. There’s an Islamic account on offer through EasyMarkets which is beneficial for those traders that wish to carry over trades for the next day without worrying about any kind of rolling fee. Also, for those that are just starting in the forex trading world, there’s a demo account. However, for this, the traders need to choose the proprietary platform of the broker. Traders with a VIP account get cash rebates and SMS alerts regularly.
In addition to forex, EasyMarkets has other asset classes like metals, indices, energy, cryptocurrencies, and agricultural goods. The trading platform of the broker is innovative and includes dealCancellation tool that is not available on any other broker’s platform.

Pros:
Low fixed spreads
Trustworthy platform
Responsive customer support
Easy mobile trading
Innovative trading platform with great features
No commission
Availability of different trading instruments
New traders get $25 as a welcome bonus
Variety of deposit and withdrawal modes
Lots of educational programs and materials
Consistent bonuses and promotions

Regulated by: ASIC, CYSEC
Year in Industry: 200
Spreads: Fixed
Trading Platform(s): Trade desk, Web trading, Metatrader 4
Minimum Deposit: $100
Maximum Leverage: 1:200
Minimal size lot: 0.05 lot
Payments Options: PayPal, Wire transfer, Skrill, Credit cards

Exness
Founded in 2008, Exness is a leading forex broker that has licenses from CySEC, FCA, and FSA to operate in the forex market. Currently, Exness has more than 80,000 active traders on its platform who have an option to trade on a variety of financial instruments, besides forex. Through the broker’s MT4 and MT5 trading platforms, users can also trade in metals, cryptocurrencies, indices, stocks, and energies.
Exness users are offered a variety of deposit and withdrawal methods like e-wallets and bank cards. Furthermore, there are plenty of educational resources and tools to select from, like trading calculators, videos, articles, live market analysis, WebTV, an economic calendar, etc.
Leverages up to 1:2000 and commission-free trading accounts are available with Exness which makes the forex broker one of the preferred ones on the market. The customer support features are available for Exness users 24/5 in 13 languages. Their customer support staff can be reached via Email and live chat.

Pros:
Impressive range of forex pairs for trading
Availability of 24/7 customer support in Chinese/English
Availability of commission-free trading options
Variety of deposit modes like Skrill, Visa, Mastercard, FasaPay, Bank Transfers, etc.
Different mobile trading options
Support staff can be reached via email, phone, and live chat
Suitable for both professionals and beginners
Global brokers with offices in Seychelles, UK, and Cyprus
Offers advanced range of analysis and research tools

Regulated by: FCA, Cysec
Year in Industry: 2008
Spreads: Variable
Trading Platform(s): MT4, MT5
Minimum Deposit: $1
Maximum Leverage: 1:2000
Minimal size lot: 0.01 lot
Payments Options: Webmoney, Wire Transfer, Bitcoin, Perfect Money, Credit/Debit card

FXTM

FXTM enjoys an excellent reputation in the forex market. Its users can choose between Metatrader 4 and Metatrader 5 for trading purposes. For users that wish to trade on their mobile devices, FXTM has a Metatrader 4 app that is downloadable on both iOS and Android devices. All a user needs to do is log on and start trading in the forex market.
Formerly known as Forextime, FXTM was established in 2011 in Cyprus. The company is registered with both CySEC and FCA and provides a lucrative trading environment for both experienced and novice traders around the world. Users can always stay assured of their security and privacy as this forex broker uses encryption software to protect ones identity and details online.
There are many deals and promotions users can look forward to while trading with FXTM. The broker also provides an extremely strong and comprehensive range of educational materials for users to make use of while trading in the forex materials. These options are available in the form of articles, tutorials, webinars, EBooks, seminars, etc.

Pros:
Fast and digital account opening
Excellent educational tools
Reliable customer service
User-friendly service
No deposit fee
Fast deposit and withdrawal
Good customizability for workspace and charts
Price alerts
Trading ideas using technical analysis
Demo account
Educational videos
Regulated by top-tier FCA
Regular seminars and workshops

Regulated by: FSC, IFSC, CYSEC, FCA
Year in Industry: 2010
Spreads: Variable
Trading Platform(s): MT4, MT5, WEBTRADER
Minimum Deposit: $10
Maximum Leverage: 1:1000
Minimal size lot: 0.01 lot
Payments Options: wire transfers, Skrill, WebMoney, Neteller, CasuU, Credit cards

Markets.com
Markets.com is a well-known broker in the industry, they offer good trading platform for forex, CFD, Crypto-Money and commodities. the immune spot to open a trading account with markets.com is $100.

markets.com offers traders flexible trading platforms such as MetaTrader, Market Auto Trader and Market Mobile Trader which is available on the web, desktop, and mobile. they offer several types of trading accounts, good educational resources for beginners, good customer service, leverage up to 1:300 depending on your trading account and country, and offer fixed spreads on most trading products.

Regulated by: CYSEC, ASIC, FSCA
Year in Industry: 2010
Spreads: Fixed
Trading Platform(s): MT4, Market Auto Trader, Market Mobile Trader
Minimum Deposit: $100
Maximum Leverage: 1:2OO
Minimal size lot: 0.02 lot
Payments Options: Wire transfers, Skrill, WebMoney, Neteller, CasuU, Credit cards

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