Best Brokers with Raw Spread Account 2026

Q: What is a Raw Spread account?

A Raw Spread Account delivers the pure interbank EUR/USD spread from 0.0 pips to the trader and charges a fixed commission per lot instead of building costs into the spread. It is the cheapest and most transparent pricing model available to retail forex traders, favored by scalpers and algorithmic traders who need the tightest possible costs.

Q: Is Raw Spread the same as ECN?

In practice, yes — most brokers market their ECN-style account as Raw Spread, Razor, Zero, or Pro. All refer to a no-dealing-desk model with commissions instead of marked-up spreads. The underlying execution model (straight-through processing to liquidity providers) is identical across these labels.

Q: How much does a Raw Spread trade really cost?

On a typical Raw Spread account trading EUR/USD during London hours, you might pay a 0.1 pip spread plus a USD 7 round-turn commission, for a total cost of approximately USD 8 per standard lot. This is roughly equivalent to a Standard Account at 0.8 pips all-in, but Raw Spread pulls ahead noticeably in volatile conditions where raw spreads stay tighter than marked-up spreads.

Q: Do I need a Raw Spread account for scalping?

For high-frequency scalping where you execute dozens of trades per day on small profit targets, yes. On a Standard account the 0.6 pip extra cost per trade across 50 trades per day amounts to 30 pips of additional cost, which can turn a profitable strategy into a losing one. For lower-frequency scalping, Standard accounts may still work.

Interbank spreads from 0.0 pips plus a fixed commission — the cheapest model for active traders.

Last verified: April 2026

Quick Answer

The best EU-regulated forex brokers offering a Raw Spread Account in 2026 are IC Markets, Pepperstone, Exness. Typical pricing on this account model is 0.0 - 0.2 pips on EUR/USD with USD 3 - USD 3.50 per lot per side, and minimum deposits range from EUR 100 - EUR 500.

What is a Raw Spread Account?

A Raw Spread Account passes the raw interbank spread through to the trader with no markup and charges a fixed commission per lot. EUR/USD spreads genuinely start from 0.0 pips during liquid sessions, and the round-turn commission is usually USD 6 to USD 7 per standard lot. This is the cheapest account model available to retail traders at EU-regulated brokers and is the standard choice for scalpers, day traders, and algorithmic strategies where every pip counts.

Typical Spread

0.0 - 0.2 pips on EUR/USD

Typical Commission

USD 3 - USD 3.50 per lot per side

Typical Min Deposit

EUR 100 - EUR 500

Typical Features

✓EUR/USD spreads from 0.0 pips
✓Commission USD 3.00 - USD 3.50 per lot per side (USD 6 - USD 7 round-turn)
✓Direct market execution with no dealing desk
✓Support for MetaTrader 4, MetaTrader 5, and cTrader
✓Typical minimum deposit EUR 200
✓Free VPS hosting for active traders at many brokers

Pros & Cons

Pros

✓Lowest total trading cost available to retail clients
✓Transparent pricing — you see the real interbank spread
✓No dealing-desk interference, faster execution
✓Ideal for scalping and EA trading
✓Supports Level II depth of market on cTrader

Cons

✗Commission calculations make cost tracking slightly more complex
✗Typically requires a higher minimum deposit than standard accounts
✗Less cost-efficient for very low-volume traders (< 5 lots per month)

Who Should Use a Raw Spread Account?

Scalpers, day traders, high-volume traders, and algorithmic (EA) traders. Anyone who executes more than 10 to 20 round-turn lots per month will typically save money versus a standard account.

Top 3 Brokers for Raw Spread Account

#1IC Markets

9.4

CySEC, ASIC

Standard, Raw Spread, cTrader Raw

Open IC Markets Account

#2Pepperstone

9.3

BaFin, CySEC

Standard, Razor

Open Pepperstone Account

#3Exness

8.8

CySEC, FCA

Standard, Standard Cent, Pro, Raw Spread, Zero

Open Exness Account

Full Comparison Table

All EU-regulated brokers offering a raw spread account, ranked by the quality of their offering for this account model.

# ▲▼	Broker ▲▼	Score ▲▼	Min Deposit ▲▼	EUR/USD ▲▼	Max Leverage ▲▼	Regulators ▲▼	Platforms ▲▼	Action
1	IC Markets	9.4	$200	0.0 pips (Raw), 0.6 pips (Standard)	30:1	CySECASICFSA	MetaTrader 4, MetaTrader 5, cTrader, TradingView	Visit
2	Pepperstone	9.3	None	0.0 pips (Razor), 0.69 pips (Standard)	30:1	BaFinCySECFCAASIC	MetaTrader 4, MetaTrader 5, cTrader, TradingView	Visit
3	IG	9.2	None	0.6 pips average	30:1	BaFinFCAASIC	IG Platform, MetaTrader 4, ProRealTime, L2 Dealer, TradingView	Visit
4	Exness	8.8	$10	0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard)	30:1	CySECFCAFSA	MetaTrader 4, MetaTrader 5, Exness Terminal, Exness App	Visit
5	FP Markets	8.7	$50	0.0 pips (Raw), 1.0 pips (Standard)	30:1	CySECASIC	MetaTrader 4, MetaTrader 5, cTrader, IRESS	Visit
6	Tickmill	8.5	€100	0.0 pips (Raw), 1.6 pips (Classic)	30:1	CySECFCAFSA	MetaTrader 4, MetaTrader 5, Tickmill App	Visit
7	Eightcap	8.4	$100	0.0 pips (Raw), 1.0 pips (Standard)	30:1	ASICFCACySEC	MetaTrader 4, MetaTrader 5, TradingView	Visit
8	Axi	8.4	None	0.0 pips (Pro), 1.0 pips (Standard)	30:1	FCAASICDFSA	MetaTrader 4, Axi Copy Trading App	Visit
9	BlackBull Markets	8.3	None	0.0 pips (ECN Prime), 0.8 pips (Standard)	30:1	FMAFSA	MetaTrader 4, MetaTrader 5, cTrader, TradingView	Visit
10	Vantage	8.3	$50	0.0 pips (Raw ECN), 1.0 pips (Standard)	30:1	ASICFCAVFSC	MetaTrader 4, MetaTrader 5, ProTrader, TradingView	Visit

Frequently Asked Questions

What is a Raw Spread account?

A Raw Spread Account delivers the pure interbank EUR/USD spread from 0.0 pips to the trader and charges a fixed commission per lot instead of building costs into the spread. It is the cheapest and most transparent pricing model available to retail forex traders, favored by scalpers and algorithmic traders who need the tightest possible costs.

Is Raw Spread the same as ECN?

In practice, yes — most brokers market their ECN-style account as Raw Spread, Razor, Zero, or Pro. All refer to a no-dealing-desk model with commissions instead of marked-up spreads. The underlying execution model (straight-through processing to liquidity providers) is identical across these labels.

How much does a Raw Spread trade really cost?

On a typical Raw Spread account trading EUR/USD during London hours, you might pay a 0.1 pip spread plus a USD 7 round-turn commission, for a total cost of approximately USD 8 per standard lot. This is roughly equivalent to a Standard Account at 0.8 pips all-in, but Raw Spread pulls ahead noticeably in volatile conditions where raw spreads stay tighter than marked-up spreads.

Do I need a Raw Spread account for scalping?

For high-frequency scalping where you execute dozens of trades per day on small profit targets, yes. On a Standard account the 0.6 pip extra cost per trade across 50 trades per day amounts to 30 pips of additional cost, which can turn a profitable strategy into a losing one. For lower-frequency scalping, Standard accounts may still work.

Explore Other Account Types

Standard Account ECN Account Islamic / Swap-Free Account Professional Account Micro Account VIP / Platinum Account Demo Account

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.