Brokers With Fixed Spreads
Brokers can offer a fixed or variable spread; one that can vary depending on market conditions and one that cannot. Many traders, including beginners, opt for fixed spread brokers so they know exactly what their trading costs will be. This guide will go over what fixed spreads are, their pros and cons, plus how they compare to other pricing models. We have also compiled a list of the best brokers with fixed spreads in 2025.
Brokers With Fixed Spreads
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
Instruments Regulator Platforms Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) FCA, ASIC, FSCA, SCB, FSA MT4 Min. Deposit Min. Trade Leverage $0 0.1 Lots 1:500 (entity dependent) -
Founded in 2001, easyMarkets has earned a reputation as a reliable fixed spread broker. With continuous advancements, it distinguishes itself in the market. The firm has integrated the MetaTrader suite and TradingView, and enhanced unique risk management tools such as dealCancellation.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto CySEC, ASIC, FSCA, FSC, FSA easyMarkets App, Web Platform, MT4, MT5, TradingView, TradingCentral Min. Deposit Min. Trade Leverage $25 0.01 lots 1:2000 -
Founded in 1983, City Index is a prestigious broker, now under the Nasdaq-listed StoneX Group. It excels in forex, CFDs, and spread betting. With access to over 13,500 instruments, City Index provides a dynamic Web Trader platform, exceptional educational materials, and round-the-clock support five days a week, ensuring a thorough trading experience.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Crypto, Futures, Options, Bonds, Interest Rates,ETFs,Spread Betting FCA, ASIC, CySEC, MAS Web Trader, MT4, TradingView, TradingCentral Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
IronFX, established in 2010, is a highly regulated broker specialising in forex and CFDs. This acclaimed company provides access to over 500 markets for more than 1.5 million clients in 180 countries. Traders benefit from multiple account options with competitive rates via the MT4 platform, alongside 24/5 customer support available in 30 languages.
Instruments Regulator Platforms Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) CySEC, FCA, FSCA, BMA / Bermuda MT4, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) -
InstaForex, established in 2007, is a forex and CFD brokerage. It provides extensive market access to millions of traders, featuring traditional assets such as currencies and shares. The broker also offers intriguing options like IPO investments.
Instruments Regulator Platforms Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures BVI FSC MT4, MT5 Min. Deposit Min. Trade Leverage $1 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) 1:30 for retail clients, 1:500 for professional
Pepperstone
FXPro
Trade Nation
easyMarkets
City Index
IronFX
InstaForexSafety Comparison
Compare how safe the Brokers With Fixed Spreads are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| FXPro | ✔ | ✔ | ✘ | ✔ | |
| Trade Nation | ✔ | ✔ | ✘ | ✔ | |
| easyMarkets | ✘ | ✔ | ✔ | ✔ | |
| City Index | ✔ | ✔ | ✔ | ✔ | |
| IronFX | ✔ | ✔ | ✘ | ✔ | |
| InstaForex | ✘ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Brokers With Fixed Spreads support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| FXPro | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| Trade Nation | ✔ | ✔ | ✔ | ✘ | ✔ | ✘ |
| easyMarkets | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| City Index | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| IronFX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| InstaForex | ✘ | ✘ | ✘ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Brokers With Fixed Spreads at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| FXPro | iOS & Android | ✘ | ||
| Trade Nation | iOS & Android | ✘ | ||
| easyMarkets | iOS & Android | ✘ | ||
| City Index | iOS & Android | ✘ | ||
| IronFX | Android, iOS, WebTrader | ✘ | ||
| InstaForex | iOS and Android + browser based platform | ✘ |
Beginners Comparison
Are the Brokers With Fixed Spreads good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| FXPro | ✔ | $100 | 0.01 Lots | ||
| Trade Nation | ✔ | $0 | 0.1 Lots | ||
| easyMarkets | ✔ | $25 | 0.01 lots | ||
| City Index | ✔ | $0 | 0.01 Lots | ||
| IronFX | ✔ | $100 | 0.01 Lots | ||
| InstaForex | ✔ | $1 | 0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) |
Advanced Trading Comparison
Do the Brokers With Fixed Spreads offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| FXPro | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| Trade Nation | Expert Advisors (EAs) on MetaTrader | ✘ | 1:500 (entity dependent) | ✘ | ✘ | ✘ | ✘ |
| easyMarkets | Expert Advisors (EAs) on MetaTrader | ✘ | 1:2000 | ✘ | ✘ | ✘ | ✘ |
| City Index | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 | ✘ | ✔ | ✔ | ✔ |
| IronFX | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | ✔ | ✘ | ✘ | ✘ |
| InstaForex | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 for retail clients, 1:500 for professional | ✔ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Brokers With Fixed Spreads.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| FXPro | |||||||||
| Trade Nation | |||||||||
| easyMarkets | |||||||||
| City Index | |||||||||
| IronFX | |||||||||
| InstaForex |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Reviewer
Pros
- Over the years, Pepperstone has consistently garnered recognition from DayTrading.com’s annual awards. Recently, it was honoured as the 'Best Overall Broker' in 2025 and was the 'Best Forex Broker' runner-up the same year.
- In recent years, Pepperstone has significantly enhanced the deposit and withdrawal process. By 2025, clients can use Apple Pay and Google Pay, while 2024 saw the introduction of PIX and SPEI for customers in Brazil and Mexico.
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
Cons
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
Our Take On FXPro
"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."
Pros
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
Cons
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
- There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
Our Take On Trade Nation
"Trade Nation is ideal for novice traders seeking diverse markets on an easy-to-use platform. It offers no minimum deposit, complimentary funding options, and robust educational resources."
Pros
- Beginners benefit from a modest initial deposit.
- A variety of trading platforms and apps, such as MT4, make the brand suitable for experienced traders.
- Global traders can use accounts in various currencies.
Cons
- Reduced legal safeguards with an offshore entity.
Our Take On easyMarkets
"easyMarkets offers fixed spreads from 0.7 pips, ideal for new traders needing predictable costs. With a Bitcoin-based account available, it's also a top choice for crypto-focused traders wishing to trade, deposit, and withdraw in digital currencies."
Christian Harris
Reviewer
Pros
- While most brokers we've reviewed—over 90%—offer variable spreads, easyMarkets stands out by providing fixed spreads starting at 0.7 pips. Fixed spreads ensure predictability in trading costs, a major benefit for novices and those operating in volatile markets.
- Having over two decades of experience, numerous accolades, and authorization from two top-tier regulators, easyMarkets consistently upholds its reputation as a reliable broker for active traders.
- In 2019, easyMarkets introduced Bitcoin as a base currency. This distinguished the platform from much of the market by removing the necessity to convert cryptocurrencies into fiat money. Consequently, conversion fees are lowered, and it simplifies administration for traders focusing on cryptocurrencies.
Cons
- easyMarkets is lagging due to the absence of copy trading features found at industry leader eToro. These features are highly sought after by novices wishing to emulate strategies of seasoned traders.
- easyMarkets lacks a zero-spread account, unlike Pepperstone, which may disadvantage traders and high-frequency traders needing low transaction costs.
- easyMarkets delivers solid educational resources tailored for beginners, though it doesn't quite meet the needs of seasoned traders. The Academy presents well-structured courses with interactive gamification, yet the content is somewhat superficial.
Our Take On City Index
"City Index suits active traders perfectly, offering rapid execution speeds averaging 20ms and a customisable web platform with over 90 technical indicators. Its educational resources are exceptional. For UK traders interested in spread betting on 8,500+ instruments tax-free, City Index is an excellent option."
Pros
- City Index has significantly improved the trading experience. In 2024, they introduced Performance Analytics, providing insights into trades and discipline. The revamped mobile app now includes integrated market research and swipe-access news.
- City Index is under the regulation of leading authorities, such as the FCA in the UK, ASIC in Australia, and MAS in Singapore. Its parent company, StoneX Group Inc., is publicly listed, which enhances its credibility.
- City Index offers adaptable trading platforms suited to every expertise level. For newcomers, the Web Trader platform is straightforward and user-friendly. For more in-depth analysis and automated features, MetaTrader 4 (MT4) and TradingView are supported, providing a comprehensive trading experience for all traders.
Cons
- Unlike brokers like AvaTrade and BlackBull, City Index lacks options for passive trading, such as social copy trading or real ownership of stocks and ETFs. This limitation may reduce its appeal to traders seeking a more hands-off approach.
- City Index does not offer an Islamic account with swap-free conditions, making it less attractive to Muslim traders than brokers such as Eightcap and Pepperstone.
- Although many brokers, such as eToro, have broadened their crypto offerings, City Index restricts its clients to crypto CFDs. This limited selection may not meet the needs of traders seeking a wider variety of altcoins.
Our Take On IronFX
"IronFX is ideal for seasoned forex traders seeking fixed or floating spreads. Offering over 80 currency options, it surpasses many competitors and provides excellent forex market research tools."
Pros
- IronFX offers both fixed and floating spread accounts, appealing to novices and seasoned traders alike.
- In addition to MT4, the broker also provides various services such as copy trading, a VPS solution, and PAMM/MAM accounts.
- The broker regularly hosts trading competitions with cash rewards and provides welcome bonuses for new clients.
Cons
- Commissions in zero-spread accounts begin at £13.50 per lot, almost twice the industry standard.
- It is unfortunate that the broker lacks advanced software options like MT5 or TradingView, restricting choice for seasoned traders.
- In comparison to top brokers, IronFX provides a limited range of share CFDs.
Our Take On InstaForex
"InstaForex remains a leading forex broker, offering more currency options than most competitors. Tight spreads and low minimum deposits ensure accessibility for traders of all levels, particularly those accustomed to the MT4 and MT5 platforms."
Pros
- The broker is beginner-friendly, offering low minimum deposits and commission-free trading.
- The broker is an excellent choice for dedicated forex traders, offering over 100 currency pairs and competitive spreads starting at 0.0 pips. Additionally, it provides a top-tier collection of forex market resources.
- InstaForex provides an excellent trading environment, utilising the robust MT4 and MT5 platforms. These platforms come equipped with numerous technical analysis tools, automation features, and various order types.
Cons
- The broker's website and client portal seem outdated, making navigation challenging for beginners.
- Customer support is offered exclusively in English, Czech, Polish, and Slovak.
- The broker exclusively offers trading instruments as CFDs.
Fixed Spreads Explained
Spreads refer to the difference between the ask (buy) price and the bid (sell) price of an asset, such as a forex pair. Brokers usually add a mark-up to the spread, enabling them to turn a profit. Brokers also make money in other ways, including through commissions (which we explore in more detail below), but the spread is a standard trading charge.
As the name suggests, brokers with fixed spreads offer a static, predetermined cost to trade, such as 2.0 pips on the GBP/USD pair. This provides investors with upfront price transparency, who will only pay the price quoted.
Variable spreads, on the other hand, can change depending on market conditions. This means that if the market is more volatile, the spread could widen. As a result, a variable spread on the EUR/USD pair might range from 1.0 pip to 3.0 pips.
InstaForex Fixed Spreads
Fixed spreads are usually offered by brokers operating a Market Maker (MM) model, whereas trading platforms offering variable spreads tend to follow a Non-Dealing Desk (NDD) model.
With the Market Maker model, brokers with fixed spreads will typically buy large positions from Liquidity Providers (LPs) and then break up the asset into smaller pieces to sell to traders over a dealing desk, giving them more control over pricing. The downside is that fixed spread brokers are not always cheaper than platforms with variable spreads, which might offer a better deal under the right market conditions.
Example
Trading results with variable spreads:
- An investor trades the FTSE once per day at £6 per point
- The spread is advertised on the broker’s website as ‘from 1.5’ but when the investor trades it averages out at 2.5
- 1 trade per day, and 5 trades per week, means 20 trades per month
- 20 trades at £6 per point x a variable of 2.5 points = £300
Trading results with fixed spreads:
- The investor still trades the FTSE once a day at £6 per point
- The broker advertises a fixed spread of 2.0 points (so it will remain that price)
- The investor still makes 20 trades per month at £6 per point x a fixed spread of 2.0 points = £240
- The investor saves £60 per month
Note, this example is for illustrative purposes only.
Pros Of Fixed Spreads
- Transparent Trading: Brokers with fixed spreads offer price certainty. This appeals to beginners and rookie traders. It also means online brokers can’t widen spreads in their own favour to make more money from your trades. A useful tip for beginners is to consider brokers with micro accounts too. These allow aspiring investors to open accounts and trade in smaller amounts.
- Lower Rates: Choosing fixed spreads can make trading more cost-effective. With a fixed spread, you know exactly what you are paying, so you can create a budget and stick to it. Planning for costs is a key part of profit and risk management.
- No Volatility Risk: Variable spreads might seem like a favourable option under the right market conditions, but costs can quickly mount during periods of extreme volatility. Fixed spreads give you the security that you aren’t going to pay potentially high and fluctuating rates.
Cons Of Fixed Spreads
- Price: Fixed spreads tend to cost more than variable spreads. This is because trading brokers have more flexibility to adjust their floating rates based on market conditions. Brokers with fixed spreads, on the other hand, often have to take a conservative approach when setting fees.
- Requotes: Requotes are common with fixed spread brokers. If your broker is using an instant execution model then they may requote you based on the current market; you can choose whether or not to accept the new quote, but declining means you could miss out on the trade.
- Slippage: Slippage can also occur. This is when the broker is not able to execute the trade at the price that was originally quoted. Slippage is essentially the difference between the requested rate and the executed one.
Spreads Vs Commissions
Commissions are often tied to spreads and together they paint a full picture of trading costs. Commissions are essentially a fixed cost applied on top of the spread and are charged whenever you buy or sell an asset. They are normally a flat fee, displayed as a percentage or per round lot turn.
Importantly, brokers with ‘commission-free’ trading may charge wider spreads to compensate for the loss of the income stream. Equally, some brokerages charge tighter spreads, close to zero pips, and then apply a higher commission. As a result, traders should compare both spreads and commissions when choosing a broker.
Choosing Fixed Spread Brokers
If you decide that you want to trade with fixed spreads, then it’s time to choose a broker. Key factors to consider include:
- Fixed Spreads – does the broker offer competitive, fixed spreads on popular assets? The best fixed spreads broker offer spreads under 1 pip on major forex pairs, for example. Also compare any commissions.
- Regulation – check that the broker holds a license with the UK Financial Conduct Authority (FCA). Brokers regulated offshore do not offer the same level of client and fund protection to British investors.
- Minimum Deposit – what is the minimum amount you must deposit to open a live trading account? Beginners may want to open an account with a low deposit brokerage.
- Trading Instruments – does the broker offer access to the markets you wish to speculate on, for example, major and minor forex pairs, precious metals like gold and silver, energies such as crude oil and gas, plus cryptocurrencies like Bitcoin?
- Trading Platform – what platform does the broker use? MetaTrader 4 (MT4) is a good option for rookie traders. Also check there is a free investing app available on mobile devices.
- Withdrawal Time & Fees – are there any fees for withdrawing profits? Also, what payment options are supported? Note, some firms require that you withdraw funds using the original deposit method.
- Customer Support – does the broker operate a responsive customer service team available during trading hours? Can the team advise on questions about fixed spreads and other fees?
Best Brokers With Fixed Spreads
This review considers not only the brokers with the lowest fixed spreads but also other trading conditions. This means that, while some of the trading brokers listed below might not have such narrow fixed spreads, they rank highly in other areas.
easyMarkets
easyMarkets offers fixed spreads on forex, cryptocurrencies, shares, options, commodities and indices. Spreads vary depending on which platform you are using; they start at 0.7 pips on MetaTrader 4 and 0.8 pips on the broker’s in-house terminal.
easyMarkets is regulated by Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, plus the British Virgin Islands Financial Services Commission, among others. Negative balance protection is also provided.
The minimum deposit is £25, and payment can be made via bank transfer and credit card. PayPal and other digital wallets are not supported.
Hedging and scalping are both allowed.
City Index
City Index is an industry leader for spread betting due to its competitive fees in over 12,000 markets. The company offers fixed spreads on indices, commodities, bonds and interest rates. The minimum spread on the UK 100 starts at 1 point and on sugar, it is 0.06. Available platforms for fixed spreads include MT4 and WebTrader.
The firm is regulated by the Financial Conduct Authority. City Index also has an impressive range of educational tools, including video tutorials, webinars, and online articles.
The minimum initial deposit is £150. Withdrawals and deposits are fee-free.
Bottom Line On Brokers With Fixed Spreads
Brokers with fixed spreads provide traders with price transparency. Investors know up front how much a trade will cost, making it easier to manage budgets and calculate profits. But importantly, spreads should also be compared alongside commissions and due to requotes and slippage, brokers may not always execute trades at the advertised price.
See our list of the best UK brokers with fixed spreads to start trading today.
FAQ
What Is A Fixed Spread?
The spread is the difference between the bid price and the ask price, and a fixed spread is when this difference remains the same even when there is variation in market conditions. This is different to variable or floating spreads, which fluctuate based on volume and volatility, for example.
Do Fixed Spreads Always Stay The Same?
The idea behind fixed spreads is that they remain the same regardless of fluctuations in the market. However, this is not always the case. Depending on the trading model used by the online broker, requotes and slippage can occur. Both of these can cause a variation in the price quoted versus the actual price when the trade is executed. Requotes give the trader the chance to accept or reject the change, but slippage does not.
Are Fixed Spread Brokers Better Than Variable Spread Platforms?
This depends on your trading style and strategy. If you want to trade in smaller amounts but on a regular basis, then fixed spreads may give you confidence and make it easier to plan. Active forex traders and scalpers, on the other hand, may see better returns with variable spreads.
What Are The Top Fixed Spread Brokers?
Some of the best brokers with fixed spreads based on our expert reviews include Pepperstone and City Index. See our full list and comparisons here, based on testing by our expert traders.