{"id":40,"date":"2026-09-17T16:22:02","date_gmt":"2026-09-17T16:22:02","guid":{"rendered":"https:\/\/brokerspulse.com\/raw-spread-accounts-compared\/"},"modified":"2026-09-20T16:22:03","modified_gmt":"2026-09-20T16:22:03","slug":"raw-spread-accounts-compared","status":"publish","type":"post","link":"https:\/\/brokerspulse.com\/en_gb\/raw-spread-accounts-compared\/","title":{"rendered":"Raw-spread accounts compared: what published commissions add up to"},"content":{"rendered":"<p class=\"bp-lead wp-block-paragraph\">Raw or ECN-style accounts advertise spreads from 0.0 pips and add a per-lot commission. To compare them you need to turn the commission into a round-turn cost and look at average spreads, not just the minimum. Here is what six brokers publish.<\/p>\n\n\n\n<figure class=\"wp-block-table bp-tbl\"><table><thead><tr><th>Broker and account<\/th><th>Published spread<\/th><th>Published commission<\/th><th>Round-turn commission per lot<\/th><\/tr><\/thead><tbody><tr><td>FP Markets Raw<\/td><td>Average EUR\/USD 0.1 pips (September 2026 table)<\/td><td>US$3 per side<\/td><td>US$6<\/td><\/tr><tr><td>Tickmill Raw<\/td><td>From 0.0 pips<\/td><td>US$3 per lot per side<\/td><td>US$6<\/td><\/tr><tr><td>FxPro Raw+<\/td><td>Zero spreads for over 90% of the trading day<\/td><td>Up to US$3.50 per lot per side<\/td><td>Up to US$7<\/td><\/tr><tr><td>Exness Raw Spread<\/td><td>From 0 pips<\/td><td>Up to US$3.50 per side per lot<\/td><td>Up to US$7<\/td><\/tr><tr><td>HFM Zero<\/td><td>From 0.0 pips on forex<\/td><td>Starting at US$3 per lot<\/td><td>Basis (per side or round turn) not stated on the pages we read<\/td><\/tr><tr><td>XM Zero<\/td><td>Not listed on the account page we read<\/td><td>USD 7 per USD 100,000 traded (XM CySEC costs document)<\/td><td>Basis (per side or round turn) not stated in the document we read<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">What the table tells you<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On commission alone, the accounts that publish US$3 per side cost about US$6 to open and close one standard lot, and those that cap at US$3.50 per side cost up to US$7. That is before the spread. Only FP Markets publishes a dated average spread for the pair (0.1 pips, which adds about US$1 per lot), giving an all-in cost of about US$7 per lot. For the others, &#8216;from 0.0 pips&#8217; is a best case.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Read the fine print<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8216;From&#8217; spreads describe the tightest moment, often for a small share of the day. Average spreads are more useful.<\/li>\n\n\n\n<li>Commission can be quoted per side, per round turn, per lot or per US$1 million traded. Convert them to the same unit.<\/li>\n\n\n\n<li>Commission may be charged in your account currency at a different rate (FP Markets lists US$3, \u20ac2.75 or \u00a32.25 per side).<\/li>\n\n\n\n<li>The regulated entity you join, not the brand, decides which account types and leverage you can use.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group bp-callout is-layout-flow wp-block-group-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Key takeaway<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Add the round-turn commission to the average spread for the pair you trade, then compare live spreads on a demo account.<\/p>\n<\/div>\n\n\n\n<ul class=\"wp-block-list bp-links\">\n<li><a href=\"https:\/\/www.fpmarkets.com\/forex-spreads\/\" target=\"_blank\" rel=\"noopener\">FP Markets: forex spreads<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.tickmill.com\/trading\/accounts-overview\" target=\"_blank\" rel=\"noopener\">Tickmill: accounts overview<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.fxpro.com\/trading\/account-types\" target=\"_blank\" rel=\"noopener\">FxPro: account types<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.exness.com\/pro-accounts\/\" target=\"_blank\" rel=\"noopener\">Exness: pro accounts<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hfm.com\/int\/en\/trading-accounts\" target=\"_blank\" rel=\"noopener\">HFM: trading accounts<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.xm.com\/assets\/pdf\/new\/docs\/XM-costs-and-charges.pdf\" target=\"_blank\" rel=\"noopener\">XM: costs and charges (CySEC)<\/a><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group bp-next is-layout-flow wp-block-group-is-layout-flow\">\n<p class=\"bp-next-l wp-block-paragraph\">Next article<\/p>\n\n\n\n<p class=\"bp-next-t wp-block-paragraph\"><a href=\"https:\/\/brokerspulse.com\/en_gb\/forex-scam-warning-signs\/\">Warning signs of a forex scam broker, and what to do \u2192<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide bp-signup has-blue-l-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" id=\"newsletter\">\n<div class=\"wp-block-group bp-signup-l is-layout-flow wp-block-group-is-layout-flow\">\n<p class=\"bp-kicker wp-block-paragraph\">Newsletter<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">New reviews and scam alerts, by email.<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A short email when we publish a new review, update a rating or spot a broker to avoid. No trading tips, no spam, and you can unsubscribe at any time.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group bp-signup-r is-layout-flow wp-block-group-is-layout-flow\">\n<form class=\"bp-signup-form\" method=\"post\" action=\"\" novalidate data-trp-original-action=\"\"><label class=\"bp-sr\" for=\"bp-signup-email\">Email address<\/label><input id=\"bp-signup-email\" type=\"email\" name=\"bp_email\" placeholder=\"you@example.com\" autocomplete=\"email\" required><input type=\"text\" name=\"bp_website\" value=\"\" tabindex=\"-1\" autocomplete=\"off\" class=\"bp-hp\" aria-hidden=\"true\"><input type=\"hidden\" name=\"bp_signup\" value=\"1\"><button type=\"submit\" class=\"wp-element-button\">Subscribe<\/button><input type=\"hidden\" name=\"trp-form-language\" value=\"en_gb\"\/><\/form><p class=\"bp-signup-msg\" role=\"status\" hidden>Thanks, you are subscribed.<\/p>\n\n\n\n<p class=\"bp-signup-fine wp-block-paragraph\">We use your email only to send the newsletter. See our <a href=\"https:\/\/brokerspulse.com\/en_gb\/disclaimer\/\">disclaimer<\/a>.<\/p>\n<\/div>\n<\/div>\n\n\n\n<p class=\"bp-ar-disc wp-block-paragraph\">General information for education only, not financial advice. Trading forex and CFDs carries a high risk of loss. <a href=\"https:\/\/brokerspulse.com\/en_gb\/disclaimer\/\">Read the disclaimer<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Six brokers, six raw-style accounts, and how to compare them fairly.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-40","post","type-post","status-publish","format-standard","hentry","category-costs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Raw-spread accounts compared: what published commissions add up to - brokerspulse<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brokerspulse.com\/en_gb\/raw-spread-accounts-compared\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raw-spread accounts compared: what published commissions add up to - 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