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Best Forex Brokers with Zero Commission 2026

Trade forex with no commission per trade — all costs bundled into the spread.

Last verified: April 2026

Quick Answer

The best EU-regulated forex brokers offering zero commission in 2026 are IC Markets, Pepperstone, IG. Each is fully CySEC, BaFin, or FCA regulated and has been independently evaluated on execution quality, pricing, and the strength of their zero commission implementation.

About Zero Commission

Zero commission accounts bundle all broker fees into the bid-ask spread rather than charging a separate per-trade commission. This simplifies cost calculations and is the standard pricing model for retail trading. Zero commission does not mean zero cost — the broker still earns money from the spread markup — but it eliminates the need to track commission expenses separately and is often preferred by beginners and casual traders who want a simple, predictable pricing experience. For active traders, a zero-commission account may actually cost more than a raw spread + commission account, so the 'best' choice depends on your trading volume.

Why Zero Commission Matters

Zero commission is the simplest pricing model to understand and track. You know the total cost of every trade upfront by looking at the spread, with nothing to calculate or remember. It also lowers the psychological barrier to trading for beginners who might otherwise be put off by complex commission structures.

Who should care about this feature

Beginners, casual traders, swing and position traders, and anyone who prefers simple all-in pricing over low-commission accounts that require cost tracking.

Typical Implementations

Examples of how leading brokers implement Zero Commission.

  • 1

    IC Markets Standard Account — 0.6 pip average spread, zero commission

  • 2

    Pepperstone Standard Account — 0.69 pip average spread, zero commission

  • 3

    XM Standard Account — 1.0 pip average spread, zero commission

  • 4

    XTB Standard Account — 0.7 pip average spread, zero commission

  • 5

    eToro — all accounts are zero commission, costs built into spreads

Pros & Cons

Pros

  • Simple all-in pricing with no commission math
  • Easier to calculate per-trade cost for beginners
  • Lower psychological barrier to placing trades
  • No need to track commission accumulation
  • Typically available with low or zero minimum deposits

Cons

  • Usually higher total cost than raw spread + commission for active traders
  • Spread markup is invisible and harder to benchmark
  • May be more expensive during volatile market conditions
  • Not the best choice for scalpers or EA traders

Top 3 Brokers for Zero Commission

CySEC, ASIC

EUR/USD from 0.0 pips (Raw)

Visit IC Markets

BaFin, CySEC

EUR/USD from 0.0 pips (Razor)

Visit Pepperstone
#3IG
9.2

BaFin, FCA

EUR/USD from 0.6 pips average

Visit IG

Full Comparison

All EU-regulated brokers in our database with strong support for zero commission, ranked by a feature-weighted score.

# Broker Score Min Deposit EUR/USD Max Leverage Regulators Platforms Action
1IC Markets9.4$2000.0 pips (Raw), 0.6 pips (Standard)30:1
CySECCyprusASICAustraliaFSASeychelles
MetaTrader 4, MetaTrader 5, cTrader, TradingViewVisit
2Pepperstone9.3None0.0 pips (Razor), 0.69 pips (Standard)30:1
BaFinGermanyCySECCyprusFCAUKASICAustralia
MetaTrader 4, MetaTrader 5, cTrader, TradingViewVisit
3IG9.2None0.6 pips average30:1
BaFinGermanyFCAUKASICAustralia
IG Platform, MetaTrader 4, ProRealTime, L2 Dealer, TradingViewVisit
4CMC Markets8.9None0.7 pips average30:1
BaFinGermanyFCAUKASICAustralia
Next Generation Platform, MetaTrader 4Visit
5Exness8.8$100.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard)30:1
CySECCyprusFCAUKFSASeychelles
MetaTrader 4, MetaTrader 5, Exness Terminal, Exness AppVisit
6XTB8.8None0.1 pips (Pro), 0.5 pips (Standard)30:1
KNFPolandCySECCyprusFCAUK
xStation 5, xStation AppVisit
7FP Markets8.7$500.0 pips (Raw), 1.0 pips (Standard)30:1
CySECCyprusASICAustralia
MetaTrader 4, MetaTrader 5, cTrader, IRESSVisit
8XM8.7$50.6 pips (Ultra Low), 1.6 pips (Standard)30:1
CySECCyprusASICAustraliaIFSCBelize
MetaTrader 4, MetaTrader 5, XM AppVisit
9Capital.com8.6€200.6 pips average30:1
FCAUKCySECCyprusASICAustralia
Capital.com Platform, Capital.com App, MetaTrader 4, TradingViewVisit
10Tickmill8.5€1000.0 pips (Raw), 1.6 pips (Classic)30:1
CySECCyprusFCAUKFSASeychelles
MetaTrader 4, MetaTrader 5, Tickmill AppVisit

Frequently Asked Questions

Is zero commission really free to trade?
No. Zero commission means there is no separate per-trade fee, but the broker still earns money by marking up the bid-ask spread. On a zero-commission EUR/USD trade with a 0.8 pip spread, you pay approximately USD 8 round-turn per standard lot. This is the broker's cost recovery mechanism instead of a commission.
Is zero commission cheaper than a raw spread account?
Not always. For a typical EUR/USD trade, a zero commission account at 0.8 pips total cost and a raw spread account at 0.1 pips spread plus USD 3.50/side commission both work out to around USD 8 to USD 10 per round-turn standard lot. For low-volume traders the difference is negligible; for high-volume scalpers, the raw spread account is usually a few dollars cheaper per trade.
Do all EU brokers offer zero-commission accounts?
Most do. IC Markets, Pepperstone, XM, XTB, eToro, CMC Markets, IG, and OANDA all offer zero-commission standard accounts alongside optional commission-based raw spread alternatives. The handful of exceptions are specialist ECN-only brokers that exclusively run raw spread + commission models.
Is zero commission better for beginners?
Generally yes. The simplicity of seeing total cost upfront in the spread makes it easier to calculate profit and loss, and the absence of commission tracking removes one source of confusion. Beginners should focus on developing a consistent strategy first and worry about optimising cost structures later.

Explore Other Features

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.