
IC Markets
Why we picked it
The highest overall score after accounting for spread, commission and broker safety.
Spread
0.05 pips average
Commission
$1 approx.
Min. Deposit
$200
Account Type
Raw Pro+
Highest overall score for this account type
Forex Account Comparison
Compare Raw Spread accounts by typical spread, commission, minimum deposit, execution quality, regulation and swap-free availability.
Independent ranking based on account conditions, costs and broker quality.
Our Highest-Rated Picks
These accounts ranked highest after comparing all-in cost, minimum deposit, usability and broker quality.

Why we picked it
The highest overall score after accounting for spread, commission and broker safety.
Spread
0.05 pips average
Commission
$1 approx.
Min. Deposit
$200
Account Type
Raw Pro+
Highest overall score for this account type

Why we picked it
Competitive all-in trading costs with conditions designed for active traders.
Spread
0.1 pips average
Commission
$3 approx.
Min. Deposit
$100
Account Type
Raw
A strong option among the accounts we compared

Why we picked it
A strong choice for scalping and frequent trading after commission is included.
Spread
0.2 pips average
Commission
$3.5 approx.
Min. Deposit
$5
Account Type
ECN
A strong option among the accounts we compared

Raw Pro+
Minimum Deposit
$200The highest overall score after accounting for spread, commission and broker safety.
Spread
0.05 pips average
Commission
$1 approx.
Before You Decide
A Raw Spread account is designed for active traders who prioritize narrow spreads and more transparent transaction costs. It typically provides pricing close to the broker’s underlying liquidity feeds while charging a separate commission.
A spread advertised as “from 0.0 pips” does not reveal the full trading cost. Compare the typical spread plus the round-turn commission, then consider execution, slippage, minimum deposit, regulation and swap-free conditions under the legal entity available in your country.
Point 1
Often suitable for scalping, active day trading and automated systems.
Point 2
The true cost is the spread plus the full commission.
Point 3
Execution and slippage may matter as much as the advertised spread.
A Raw Spread account is designed for active traders who prioritize narrow spreads and more transparent transaction costs. It typically provides pricing close to the broker’s underlying liquidity feeds while charging a separate commission.
Often suitable for scalping, active day trading and automated systems.
A spread advertised as “from 0.0 pips” does not reveal the full trading cost. Compare the typical spread plus the round-turn commission, then consider execution, slippage, minimum deposit, regulation and swap-free conditions under the legal entity available in your country.
The true cost is the spread plus the full commission.
Execution and slippage may matter as much as the advertised spread.
Understanding the Account Type
A Raw Spread account is a forex trading account where the broker offers pricing close to quotes received from liquidity providers and charges a separate commission for executing trades.
Spreads may start from 0.0 pips on selected pairs under certain market conditions, but the average spread does not remain at zero. Pricing changes with liquidity, trading session, news and the instrument traded.
This account type is common among scalpers, active day traders and algorithmic traders because narrower spreads can matter when many trades are executed.
Profits and losses come from live trading rather than virtual funds used in a demo account.
Risk flexibility depends on contract size, minimum trade volume, leverage and the broker’s account conditions.
The most suitable account depends on your experience, capital, trading frequency and strategy.
A Raw Spread account is a forex trading account where the broker offers pricing close to quotes received from liquidity providers and charges a separate commission for executing trades.
Spreads may start from 0.0 pips on selected pairs under certain market conditions, but the average spread does not remain at zero. Pricing changes with liquidity, trading session, news and the instrument traded.
This account type is common among scalpers, active day traders and algorithmic traders because narrower spreads can matter when many trades are executed.
Real profits and losses rather than demo simulation.
Flexibility depends on trade size and account terms.
Choose based on capital, experience and trading style.
Trading Cost Example
The real cost is not the spread alone. Add the typical spread to the full commission charged for opening and closing the trade, then consider slippage and overnight financing where applicable.
Check whether the advertised commission is quoted per side or as a round-turn amount, because brokers present commission differently.
Step-by-Step Overview
The total trading cost is usually divided into two main components:
The broker displays a bid-ask spread close to available liquidity-provider pricing.
A fixed or variable commission is charged per lot, per side or per round turn.
The final result is influenced by execution speed, slippage and liquidity at the time of the order.
Add the spread, full commission and any other charges to estimate the real cost of the trade.
The total trading cost is usually divided into two main components:
The broker displays a bid-ask spread close to available liquidity-provider pricing.
A fixed or variable commission is charged per lot, per side or per round turn.
The final result is influenced by execution speed, slippage and liquidity at the time of the order.
Add the spread, full commission and any other charges to estimate the real cost of the trade.
Account Selection Criteria
The ranking focuses on the quality of the account itself, not only the broker’s overall rating:
Average or typical spreads provide a more realistic view than a minimum spread of 0.0 pips.
We verify whether commission is quoted per side, per lot or for the full round turn.
We compare the combined spread and commission on commonly traded currency pairs.
We review execution model, speed, slippage and any requote policy.
Low-cost pricing does not compensate for weak oversight or an unclear legal entity.
We compare the capital required to access the account against the quality of its pricing.
The main factors we review before ranking each account.
Average or typical spreads provide a more realistic view than a minimum spread of 0.0 pips.
We verify whether commission is quoted per side, per lot or for the full round turn.
We compare the combined spread and commission on commonly traded currency pairs.
We review execution model, speed, slippage and any requote policy.
Low-cost pricing does not compensate for weak oversight or an unclear legal entity.
We compare the capital required to access the account against the quality of its pricing.
We do not rank accounts by one metric alone. The final score combines safety, total trading cost, accessibility and execution quality.
Compare Raw Spread, Standard and Cent accounts by pricing model, cost calculation, scalping suitability and expected deposit level.
| Comparison Factor | Cent Account | Standard Account | Raw Spread Account |
|---|---|---|---|
| Best For | Beginners and testing | Most retail traders | Active and experienced traders |
| Pricing Model | Usually spread-only | Cost built into spread | Low spread plus commission |
| Cost Calculation | Easy | Easy | Moderate |
| Scalping Suitability | Useful for testing | Depends on spread | Often high |
| Expected Deposit | Usually low | Low to medium | Often medium |
Compare Raw Spread, Standard and Cent accounts by pricing model, cost calculation, scalping suitability and expected deposit level.
Smaller position sizes for learning and testing
Best For
Beginners and testing
Pricing Model
Usually spread-only
Cost Calculation
Easy
Scalping Suitability
Useful for testing
Expected Deposit
Usually low
Straightforward spread-based pricing
Best For
Most retail traders
Pricing Model
Cost built into spread
Cost Calculation
Easy
Scalping Suitability
Depends on spread
Expected Deposit
Low to medium
Lower spreads with separate commission
Best For
Active and experienced traders
Pricing Model
Low spread plus commission
Cost Calculation
Moderate
Scalping Suitability
Often high
Expected Deposit
Often medium
In-Depth Account Reviews
We explain why each account earned its ranking and how commission, spread, minimum deposit, execution and regulation affect its overall value.
We explain why each leading account earned its position and which traders it may suit.

Raw Pro+
88.2/100
Account score
Why It Ranked Here
The highest overall score after accounting for spread, commission and broker safety.
Spread
0.05 pips average
Commission
$1 approx.
Minimum Deposit
$200
Execution
Market Execution
Regulation and Legal Entity
ASIC, CySEC, FSA, SCB

Raw
85.8/100
Account score
Why It Ranked Here
Competitive all-in trading costs with conditions designed for active traders.
Spread
0.1 pips average
Commission
$3 approx.
Minimum Deposit
$100
Execution
Market Execution
Regulation and Legal Entity
FCA, CySEC, FSCA, FSA

ECN
84.6/100
Account score
Why It Ranked Here
A strong choice for scalping and frequent trading after commission is included.
Spread
0.2 pips average
Commission
$3.5 approx.
Minimum Deposit
$5
Execution
Market Execution
Regulation and Legal Entity
ASIC, CySEC, VFSC

Zero
83.4/100
Account score
Why It Ranked Here
A strong choice for scalping and frequent trading after commission is included.
Spread
0.1 pips average
Commission
$3.6 approx.
Minimum Deposit
$100
Execution
Market Execution
Regulation and Legal Entity
FCA, CySEC, ASIC, FSCA, JSC

ECN
80.6/100
Account score
Why It Ranked Here
A strong choice for scalping and frequent trading after commission is included.
Spread
0.1 pips average
Commission
$5 approx.
Minimum Deposit
$50
Execution
Market Execution
Regulation and Legal Entity
FSC, FSCA

IC Markets
Raw Pro+
The highest overall score after accounting for spread, commission and broker safety.
Spread
0.05 pips average
Commission
$1 approx.
Minimum Deposit
$200
Execution
Market Execution
Regulation
ASIC, CySEC, FSA, SCB

Tickmill
Raw
Competitive all-in trading costs with conditions designed for active traders.
Spread
0.1 pips average
Commission
$3 approx.
Minimum Deposit
$100
Execution
Market Execution
Regulation
FCA, CySEC, FSCA, FSA

OneRoyal
ECN
A strong choice for scalping and frequent trading after commission is included.
Spread
0.2 pips average
Commission
$3.5 approx.
Minimum Deposit
$5
Execution
Market Execution
Regulation
ASIC, CySEC, VFSC

Admirals
Zero
A strong choice for scalping and frequent trading after commission is included.
Spread
0.1 pips average
Commission
$3.6 approx.
Minimum Deposit
$100
Execution
Market Execution
Regulation
FCA, CySEC, ASIC, FSCA, JSC

Ultima Markets
ECN
A strong choice for scalping and frequent trading after commission is included.
Spread
0.1 pips average
Commission
$5 approx.
Minimum Deposit
$50
Execution
Market Execution
Regulation
FSC, FSCA
Spreads may be lower than on Standard accounts during normal liquidity conditions.
Spread and commission are shown separately, helping traders analyse strategy costs.
Lower spreads can benefit strategies targeting small price movements.
The account can suit expert advisors and algorithms that execute many trades.
Spreads may be lower than on Standard accounts during normal liquidity conditions.
Spread and commission are shown separately, helping traders analyse strategy costs.
Lower spreads can benefit strategies targeting small price movements.
The account can suit expert advisors and algorithms that execute many trades.
The commission must be added to the spread to calculate the full trading cost.
Some brokers require more capital than they do for a Standard account.
Spreads can widen sharply during news events, rollover or low liquidity.
A high commission can make a Standard account cheaper for certain trading styles.
The commission must be added to the spread to calculate the full trading cost.
Some brokers require more capital than they do for a Standard account.
Spreads can widen sharply during news events, rollover or low liquidity.
A high commission can make a Standard account cheaper for certain trading styles.
A Raw Spread account may be a practical choice for:
Scalpers who rely on narrow spreads and fast execution.
Active day traders placing multiple trades during each session.
Expert advisor and algorithmic trading users.
Traders who execute a high number of orders.
Experienced traders who can calculate spread, commission and total cost per trade.
A Standard or Cent account may be simpler for:
Beginners who do not yet understand commission calculations.
Traders placing only a small number of longer-term trades.
Traders who prefer one simple spread-based trading cost.
Traders starting with a very small deposit.
Long-term traders who do not need ultra-low spreads.
Compare leading Raw Spread accounts by average spread, commission, minimum deposit, execution, regulation, swap-free availability and account score.
| Rank | Broker | Account | Avg. Spread | Commission | Min. Deposit | Execution | Swap-Free | Account Score | Details |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ![]() | Raw Pro+ | 0.05 pips average | $1 approx. | $200 | Market Execution | Available | 88.2 | Review |
| 2 | ![]() | Raw | 0.1 pips average | $3 approx. | $100 | Market Execution | Available | 85.8 | Review |
| 3 | ![]() | ECN | 0.2 pips average | $3.5 approx. | $5 | Market Execution | Available | 84.6 | Review |
| 4 | ![]() | Zero | 0.1 pips average | $3.6 approx. | $100 | Market Execution | Not listed | 83.4 | Review |
| 5 | ![]() | ECN | 0.1 pips average | $5 approx. | $50 | Market Execution | Available | 80.6 | Review |
| 6 | ![]() | Raw ECN | 0.1 pips average | $6 approx. | $50 | Market Execution | Available | 80.1 | Review |
| 7 | ![]() | Zero | 0.1 pips average | $6 approx. | $25 | Market Execution | Available | 80 | Review |
| 8 | ![]() | Razor | 0.1 pips average | $7 approx. | $10 | Market Execution | Available | 79.9 | Review |
| 9 | ![]() | Zero | 0.1 pips average | $6 approx. | $200 | Instant Execution | Available | 79.6 | Review |
| 10 | ![]() | Zero | 0.2 pips average | $7 approx. | $5 | Market Execution | Available | 79.4 | Review |

IC Markets
Raw Pro+
Spread
0.05 pips average
Commission
$1 approx.
Minimum Deposit
$200
Score
88.2/100

Tickmill
Raw
Spread
0.1 pips average
Commission
$3 approx.
Minimum Deposit
$100
Score
85.8/100

OneRoyal
ECN
Spread
0.2 pips average
Commission
$3.5 approx.
Minimum Deposit
$5
Score
84.6/100

Admirals
Zero
Spread
0.1 pips average
Commission
$3.6 approx.
Minimum Deposit
$100
Score
83.4/100

Ultima Markets
ECN
Spread
0.1 pips average
Commission
$5 approx.
Minimum Deposit
$50
Score
80.6/100

Vantage
Raw ECN
Spread
0.1 pips average
Commission
$6 approx.
Minimum Deposit
$50
Score
80.1/100

HFM
Zero
Spread
0.1 pips average
Commission
$6 approx.
Minimum Deposit
$25
Score
80/100

Pepperstone
Razor
Spread
0.1 pips average
Commission
$7 approx.
Minimum Deposit
$10
Score
79.9/100

Exness
Zero
Spread
0.1 pips average
Commission
$6 approx.
Minimum Deposit
$200
Score
79.6/100

XM
Zero
Spread
0.2 pips average
Commission
$7 approx.
Minimum Deposit
$5
Score
79.4/100
Ranking Methodology
We score the account itself as well as broker quality, giving substantial weight to all-in trading cost, regulation and execution instead of relying on the advertised minimum spread.
We score the account itself as well as broker quality, giving substantial weight to all-in trading cost, regulation and execution instead of relying on the advertised minimum spread.
Reflects the broker’s overall quality, platforms, services, support and trading environment.
We prioritize average spread data where available instead of relying on a minimum quote.
We assess the commission rate, calculation method and effect on all-in trading cost.
We review regulation, transparency and the legal entities available to clients.
We compare account accessibility without giving deposit size more weight than pricing and execution quality.
Reflects the broker’s overall quality, platforms, services, support and trading environment.
We prioritize average spread data where available instead of relying on a minimum quote.
We assess the commission rate, calculation method and effect on all-in trading cost.
We review regulation, transparency and the legal entities available to clients.
We compare account accessibility without giving deposit size more weight than pricing and execution quality.
Rankings are based on available data. Spreads, commission and execution can change with market conditions, legal entity and client location. Verify current terms on the broker’s official website.
Frequently Asked Questions
Clear answers to the questions traders commonly ask before selecting this type of forex account.
Frequently Asked Questions
Clear answers to common questions before choosing this forex account type.
It is a forex account that offers pricing close to market spreads and charges a separate commission based on trading volume.
No. It may start from 0.0 pips on selected pairs in certain conditions, but spreads are variable and do not remain at zero.
Compare the typical spread plus the full commission. Do not rank accounts by the minimum advertised spread alone.
It can be used by beginners, but the trader must understand commission and total-cost calculations. A Standard account may be easier at the start.
Not necessarily. Raw Spread describes a pricing structure, while ECN refers to a specific execution and market-access model. The word “Raw” alone does not prove true ECN execution.
Often yes, because spreads may be lower. However, commission, execution speed, slippage and the broker’s scalping policy must also be considered.
Continue comparing forex brokers, account types and trading costs.
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Make an Informed Choice
Compare typical spread, commission, execution and regulation to identify the strongest all-in value.