Who Is The Cheapest Broker?

We reviewed the top 20 global brokers to find out who was the cheapest when taking into account spreads, fees and commissions. We arrived at this shortlist of the best brokers who offer the cheapest service.

TRADING FEE

COMMISSION

SPREAD (EUR/USD)

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

OVERNIGHTS FEE

ANY OTHER FEES

XTB

TRADING FEE

Basic (Fixed 2.0 pips)

Standard (from 0.9 pips)

Pro (form 0.3 pips+comision)

COMMISSION

€3.5 /£4 /$4 per lot + spread

SPREAD (EUR/USD)

0.00008 (min)

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

OVERNIGHTS FEE

Overnight fee varies depending on the market that you trade, as well as whether you went long (bought) or short (sold)

ANY OTHER FEES

Free deposit and free withdrawal 100€

Low non trading fees

No inactivity fee

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PLUS500

TRADING FEE

The average is 0.6 pips

COMMISSION

Specified on any other fees

SPREAD (EUR/USD)

Dynamic spread, whcih means the difference between the buy and sell price of any currency pairing will vary durnig the day based on market factors (25/4) 0.00006

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

OVERNIGHTS FEE

Different for each product
((Amount of units bought/solid
* The opening rate of the position
* The percentage of the overnight funding) / 100)

ANY OTHER FEES

Whenever a position is left open after a certain point in time, a fee or premium is added to or deducted from your account.

10$ inactivity fee and any withdrawal fee neither any bitcoin or crypto fee.

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PEPPERSTONE

TRADING FEE

Commission charge on Razor Account

COMMISSION

7.53$ per lot on Razor Account

Standard Account will no have commission charges but will insread have 1 pip spread mark up

SPREAD (EUR/USD)

Razor: Min 0 Avg 0.16

Razor: Min 1 Avg 1.16

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

USD Razor account 0.08$

OVERNIGHTS FEE

Charge swap fees which depends on the day of the week and instrument traded. Current swaps on EURUSD are long-11.87 and short-7.19

ANY OTHER FEES

No other direct fees involved trading FX

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AVATRADE

TRADING FEE

No additional trading fees except the Spread and if you open position over night

COMMISSION

If it’s commission the clients pay to open a trade, we don’t have any. If it’s commission earned per each trade, that’s according to the partner deal

SPREAD (EUR/USD)

PRO: 0.9

RETAIL: 1.3

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

Depends on deal

OVERNIGHTS FEE

FX Interest will be Debited/ Credited on the Wednesday before

ANY OTHER FEES

Inactivity fee after 3 consecutive months of non-use 50$/£/€
(Unless prohibited by Law and Applicable fees subject to change periodically)

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ADMIRAL MARKETS

TRADING FEE

0

COMMISSION

ADM MARKETS: 0$

ADM PRIME (per lot/single side): 3.0$

SPREAD (EUR/USD)

ADM MARKETS:0.6 (avg)

ADM PRIME: 0

AVERAGE COMMISSION ON A 1K TRADE (EUR/USD)

OVERNIGHTS FEE

SWAP (LONG): -1.411

SWAP (SHORT): 0.546 (25/4)

ANY OTHER FEES

Inactivity fee 10€/month

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