11+ Best Brokers with Zero or Low Commissions

The best brokers with zero or low commissions help you control one of the few trading costs you can compare before you open a position. 

A commission-free account keeps pricing simple because the broker includes its charge inside the spread. A raw account separates the cost into a tighter spread and a fixed commission.

You should not choose an account based on the commission alone. A broker that charges $0 commission can still cost more if its spreads are wide, while a raw account with a small fee can suit you better if you trade frequently. 

Best Brokers With Zero or Low Commissions

Each broker below gives you either commission-free pricing or a raw account with a competitive fixed fee.

1. DNA Markets: Best Overall Low-Commission Broker

DNA Markets gives you a clear choice between commission-free and raw pricing. Its Standard account has no separate commission, with typical EUR/USD spreads of 1.0 to 1.3 pips. 

The Raw account lists typical EUR/USD spreads of 0.0 to 0.3 pips, with commissions that depend on the entity and account currency.

Published pricing includes a Raw commission of $2.25 per standard lot per side for one account arrangement. Both account types require a minimum initial deposit of $100 AUD or the equivalent, while the minimum trade size is 0.01 lots.

2. Blueberry Markets: Best for Clear Standard and Direct Pricing

Blueberry Markets offers a Standard account where the cost is included in the spread, so you do not pay a separate forex commission. Its Direct account offers raw spreads that start at 0.0 pips on major currency pairs.

The Direct account commission is $7 per standard lot round turn, equal to $3.50 per side. Both account structures start with a $100 minimum deposit, while the minimum forex trade size is 0.01 lots.

3. TabTrade: Best for Several Low-Cost Account Tiers

TabTrade separates its pricing into Standard, Edge, VIP, and swap-free options. The Standard account charges no commission, with spreads that start at 1.0 pip. 

The Edge account offers spreads that start at 0.0 pips and charges $7 per standard lot round turn.

High-volume clients can consider the VIP account, which uses custom commission rates. TabTrade states that its VIP pricing can include zero average spreads on major forex pairs and execution below 20 milliseconds.

4. FNMarkets: Best for a Low Minimum Deposit

FNMarkets keeps its account structure simple and accessible. The Standard account charges zero commission, offers spreads that start at 0.8 pips, and requires a minimum deposit of $50.

Its Raw account also starts with a $50 deposit but reduces the minimum spread to 0.0 pips. The published commission is $7, while maximum leverage reaches 1:500 under the stated account conditions.

5. HeroFX: Best for a Low Raw Account Fee

HeroFX offers a Zero Commission account with spreads that start at 1.0 pip. Its Raw Spread account publishes spreads that start at -0.4 pips and commissions that start at $1 per lot.

Both account types support Expert Advisors and provide access to more than 170 symbols through MT5 or TradeLocker. HeroFX also lists a minimum deposit of $5 and leverage up to 1:500 on these account options.

6. GatesFX: Best for Commission-Free STP Pricing

GatesFX offers an STP Standard account with no commission and spreads that start at 1.0 pip. Its published minimum deposit is $25, with leverage up to 1:500 and access through MT5 and TradeLocker.

The ECN Raw account reduces spreads to 0.0 pips and charges $7 per round trip. This account requires a higher minimum deposit of $500 and provides leverage up to 1:1000 under the published conditions.

7. IQ Option: Best for Platform-Based Cost Visibility

IQ Option uses spreads as the main cost on many forex positions, but the exact charge changes by currency pair, market session, and current liquidity. 

The platform provides a trading specifications page where you can review the fees and schedule for each available instrument.

You should check the live spread before each order because the cost can change during volatile periods. Overnight charges can also apply when you keep leveraged positions open past the daily rollover time.

8. EBC Financial: Best for Professional Account Options

EBC Financial provides Standard and Professional account structures with low-spread and zero-commission options, although the exact products depend on the entity that serves your country.

The broker supports MT4 and MT5 and places a strong focus on execution, liquidity, and institutional-style market access. 

EBC also explains that Standard or STP accounts usually include the broker’s charge inside the spread, while ECN-style accounts tend to combine raw spreads with a commission.

9. Exnova: Best for Fee-Free Deposits

Exnova states that it does not charge fees or commissions on deposits, which helps you fund your account without an extra platform charge. Its trading costs depend on the instrument, live spread, and position conditions shown inside the platform.

You should review the cost before you confirm an order because forex, shares, commodities, and other products do not always use the same pricing method. 

Withdrawal conditions can also depend on the selected payment provider and account terms.

10. Charles Schwab: Best for Commission-Free US Stocks and ETFs

Charles Schwab charges $0 online commission for listed US stock and ETF trades. Online options orders also have a $0 base commission, but you pay $0.65 per contract.

Standard brokerage accounts have no trade minimum, annual maintenance fee, or inactivity fee. Broker-assisted orders carry a $25 service charge, so you receive the lowest cost when you place orders online.

11. Pepperstone: Best for Raw Forex Pricing

Pepperstone’s Standard account charges no separate commission on forex or spot gold. Instead, the broker includes the cost in the spread, with major forex spreads that start at around 1.0 pip under its published Standard pricing.

The Razor account offers raw forex spreads that start at 0.0 pips. Published MetaTrader and Pepperstone platform commissions start at $3.50 per standard lot per side, which equals $7 round turn.

12. Eightcap: Best for Low-Cost Multi-Asset CFD Access

Eightcap provides Standard and Raw accounts across more than 800 CFD markets. The Standard account has no separate commission and offers spreads that start at 1.0 pip.

Its Raw account provides spreads that start at 0.0 pips, with a commission of $3.50 per standard lot per side. Both accounts give you access to the same markets and tools, so your choice depends mainly on your preferred pricing structure.

Best Low-Commission Brokers Compared

This table gives you a quick view of each broker’s main pricing model and strongest use case.

Broker	Zero-Commission Option	Lowest Published Spread	Raw Commission	Best For
DNA Markets	Yes	0.0 pips	From $2.25 per side	Best overall
Blueberry Markets	Yes	0.0 pips	$3.50 per side	Clear account pricing
TabTrade	Yes	0.0 pips	$7 round turn	Multiple account tiers
FNMarkets	Yes	0.0 pips	$7	Low entry deposit
HeroFX	Yes	-0.4 pips	From $1 per lot	Low raw fee
GatesFX	Yes	0.0 pips	$7 round turn	STP and ECN choice
IQ Option	Instrument based	Variable	Check platform	Simple cost display
EBC Financial	Yes	Entity dependent	Entity dependent	Professional accounts
Exnova	Deposit fees waived	Variable	Check platform	Easy account funding
Charles Schwab	Yes	Not spread based	$0.65 per option contract	US stocks and ETFs
Pepperstone	Yes	0.0 pips	$3.50 per side	Raw forex pricing
Eightcap	Yes	0.0 pips	$3.50 per side	Multi-asset CFDs

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