Best brokers

Best forex brokers for scalping and low costs

Scalpers open and close many trades, so the all-in cost per trade matters more than anything else. These brokers publish raw spreads with a clear commission.

Terms checked on 3 Nov 2026 against each broker's own website and legal documents

What matters for scalping

Raw spreads from 0.0 pips with a low commission usually cost less than a standard account for frequent traders. Check the round-turn commission (both sides), the platform you will use and whether the broker allows short holding times. See spreads and commissions.

1. IC Markets: raw pricing with the cheapest commission on cTrader

IC Markets
Raw pricing
From 0.0 pips + $3.50 per side (MT4/MT5); $3.00 per side on cTrader
Platforms
MT4, MT5, cTrader, TradingView (Raw Spread account)
Minimum deposit
$0 (global)
Regulation
ASIC (AFSL 335692), CySEC (362/18), FSA Seychelles (SD018), SCB Bahamas (SIA-F214)

Watch for: Retail clients outside Australia and the EU usually join the Seychelles entity, Raw Trading Ltd, with leverage up to 1:5000 and fewer protections.

2. Pepperstone: raw pricing with no minimum deposit

Pepperstone
Raw pricing
Razor from 0.0 pips (average 0.1) + $3.50 per side on its own platform and TradingView, $3.00 on cTrader; check MT4/MT5 pricing
Platforms
Pepperstone platform, MT4, MT5, cTrader, TradingView (Razor only)
Minimum deposit
$0
Regulation
ASIC (AFSL 414530), FCA (FRN 684312), CySEC (388/20), SCB Bahamas (SIA-F217)

Watch for: Commission differs by platform; confirm the figure for MT4 or MT5. Read our Pepperstone review.

3. Exness: several raw and zero-spread accounts

Exness
Raw pricing
Raw Spread from 0.0 pips + up to $3.50 per side; Zero from 0.0 pips + from $0.05 per side
Platforms
MT4, MT5, Exness Terminal, Exness Trade app
Regulation
Retail clients are usually onboarded offshore, e.g. FSA Seychelles (SD025); FCA and CySEC entities do not serve retail clients

Watch for: Retail accounts are usually held offshore, and the very high leverage on offer magnifies losses. Read our Exness review.

4. Eightcap: raw pricing on TradingView

Eightcap
Raw pricing
Raw from 0.0 pips + $3.50 per side
Platforms
MT4, MT5, TradingView, TradeLocker
Minimum deposit
$100
Regulation
ASIC (AFSL 391441), FCA (FRN 921296), CySEC (246/14), SCB Bahamas (SIA-F220), FSA Seychelles (SD100)

Watch for: No cTrader. Read our Eightcap review.

Work out your cost

On a raw account, a 0.1-pip spread on one standard lot of EUR/USD costs about $1, and $3.50 per side commission adds $7 per round turn, so about $8 in total. Compare that with a standard account's spread at the same size before you choose.

How we chose. These shortlists use published terms only: costs, minimum deposit, platforms and the regulator of the entity you would join. We have not ranked brokers on scores, and the order is not a recommendation for your circumstances. Read our methodology and affiliate disclosure.

CFDs and leveraged forex are complex and carry a high risk of losing money rapidly. Most retail accounts lose money. Only trade with money you can afford to lose.

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Written by the Forex Awards research desk

Guides are checked against current broker documents and regulator rules. Spotted something out of date? Tell us and we will re-check it.

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