Top 8 Forex Brokers with Fixed Spreads
Time to read: 14 minutes
Fixed spreads keep the bid–ask spread constant under defined market conditions. Unlike variable spreads, which widen and narrow depending on liquidity and volatility, fixed spreads allow traders to estimate transaction costs in advance. This can simplify position sizing, stop-loss placement, and risk modeling. However, fixed-spread accounts often involve trade-offs. These may include wider base spreads, trading restrictions (such as limits on hedging or expert advisors), or different execution models compared to variable or raw-spread accounts. This guide reviews brokers that offer fixed spreads either across all instruments or on selected markets.
Quick Answer: The Best Broker for Most Traders Who Want Fixed Spreads
FOREX.com is the strongest all-round choice for most traders who want a trusted brand, well-known platforms, and fast execution speed. Fixed spreads apply on selected markets, while spot forex uses variable spreads.
Region Rules & Availability: What Global Traders Should Know
Forex broker access changes by country. Some brokers accept United States residents, while others block United States sign-ups. Regulation also changes trading conditions such as maximum leverage, risk warnings, and client protection.
- United States: Forex is tightly regulated, and broker choice is narrower. UnitedPips and FOREX.com are common options for United States residents.
-
United Kingdom and European Union: Retail CFD rules include leverage restrictions and negative balance protection. ESMA measures were built to ensure a retail client cannot lose more money than the amount deposited in the CFD account.
Regulation & Safety: What to Check Before You Sign Up
A fixed spread is only one part of a safe trading setup. Safety comes from regulation, clear account rules, and strong fund handling. Before opening an account, check these items:
- Regulator & License: Verify the broker’s legal entity and license number through the regulator’s official register (for example, the Financial Conduct Authority in the UK).
- Segregation of Funds: Client funds should be held separately from company operating capital.
- Negative Balance Protection: Confirm whether the account includes a zero-out policy during extreme market gaps.
-
Fee Transparency: Review deposit, withdrawal, inactivity, conversion, and administrative charges.
How We Ranked These Brokers
The ranking uses a simple checklist where every broker is judged on the same set of criteria. The first and most important area is regulation and safety. That includes the broker’s regulator and legal entity, how client money is handled, and whether protections like negative balance protection apply. This part matters the most because a safe broker and clear rules reduce the risk of account problems that have nothing to do with trading skills.
After safety, the next focus is total trading costs. That means how predictable the pricing is (fixed spread rules), plus any commissions and common non-trading fees such as withdrawal, conversion, or inactivity charges. Then come platform quality and execution reliability. Platform quality covers how easy it is to place and manage trades and whether trusted platforms like MetaTrader are available. Execution reliability looks at how orders are filled, whether the broker uses non-dealing desk style execution, and execution reliability looks at how orders are filled, and how quickly trades were confirmed during repeated test orders placed at different times of day. The final area is deposits, withdrawals, and support, which covers funding methods, processing clarity, and how easy it is to reach support when something goes wrong.
Top Picks
- FOREX.com: Best overall for strong regulation, platform options, and 0.003 second average execution speed. Fixed spreads apply on selected markets, while spot forex uses variable spreads.
- City Index: Best for traders who want a regulated broker and access to fixed spreads on selected spread betting markets such as indices.
- FXGlory: Best for very small starting deposits with fixed spreads on all markets, and very high maximum leverage.
- Capitalcore: Best for traders who want fixed spreads that stay unchanged during major news releases, with high leverage options.
- UnitedPips: Best for 24/7 support and a simple all-in-one platform, with fixed spreads across Standard, Premium, and VIP accounts.
- LMFX: Best MetaTrader 4 choice with a dedicated Fixed account, clear account limits, and many funding options.
- DeltaFX: Best for traders who want an MT4 fixed spread option like DeltaFix, plus a separate Fix Spread account agreement with strict trading rules.
-
LegacyFX: Best for negative balance protection that keeps losses limited to the account balance.
Comparison Table: Best Fixed-Spread Brokers
| Broker | Regulation | Spread Type | Maximum Leverage | Minimum Deposit | Platforms | Trading Instruments | Payment Methods | Support |
|---|---|---|---|---|---|---|---|---|
| FXGlory | International Financial Services Authority | Fixed | 1:3000 | $1 | MT4, MT5, WebTrader, Proprietary platform, Mobile | Forex, Crypto, Precious metals | Card, Crypto, Sticpay, Neteller, Skrill, WebMoney, OKPay | 24/7 |
| Capitalcore | International Financial Services Authority | Fixed | 1:2000 | $5 | Web platform, Proprietary platform, Mobile | Forex, Stocks, Indices, Crypto, Precious metals | Card, Crypto, PayPal | 24/7 |
| UnitedPips | International Financial Services Authority | Fixed | 1:1000 | $10 | Proprietary platform, WebTrader, Mobile | Forex, Precious metals, Crypto | Card, Crypto, PayPal | 24/7 |
| LMFX | Financial Services Authority | Fixed* | 1:400 | $25 | MT4, WebTrader, Mobile | Forex, Precious metals, Indices, Commodities, Shares | Card, Skrill, Neteller, Crypto | 24/5 |
| Forex.com | Financial Conduct Authority | Fixed* | 1:50 | $100 | Web platform, Proprietary platform, MT4, MT5 | Forex, Indices, Commodities, Shares, Crypto | Card, PayPal, Bank wire, Skrill, Neteller | 24/5 |
| City Index | Financial Conduct Authority | Fixed* | 1:30 | $100 | Web platform, Proprietary platform, MT4 | Forex, Indices, Shares, Commodities | Card, PayPal | 24/5 |
| DeltaFX | Financial Services Authority | Fixed* | 1:1000 | $50 | MT4 | Forex, Crypto, Commodities, Indices | Card, Crypto, TopChange, ZPay | 24/7 |
| LegacyFX | Vanuatu Financial Services Commission | Fixed* | 1:200 | $1,000 | MT5, Web platform | Forex, Stocks, Commodities, Indices, Crypto | Card, Crypto, Skrill, Neteller, Perfect Money | 24/5 |
*These brokers offer both fixed and variable spreads.
Detailed Reviews
Forex.com: Best Overall
Overview
Forex.com is a strong choice for traders who want a trustworthy broker with popular platforms, and 3 ms execution speed. Fixed spreads apply on selected markets (major global indices)*, while spot forex uses variable spreads.
Key Facts
- Spread type: Fixed and variable depending on market; spot forex uses variable spreads
- Execution: 0.003 seconds average execution speed
- Maximum leverage: 1:50
- Minimum deposit: $100
Costs
Fixed spreads do not change, and the broker offers fixed and variable spreads depending on the market. Forex.com charges an inactivity fee of $15 per month if there is no trading activity or open positions for 12 months or more.
Platforms
Platform access includes web trading and MetaTrader options, depending on region and product setup.
Pros
- Fast execution time
- Strong regulation
Cons
- Spot forex uses variable spreads
- Charges inactivity fees after 12 months
Best For
Traders who want a well-known broker with strong regulation and fast execution speed.
*These spreads are only fixed during the underlying market's active trading hours. For example, the S&P 500 spread is fixed during the New York session but will revert to a variable/wider spread during the "after-hours" or Asian sessions.
City Index: Best for Regulated Trading with Fixed Spreads on Selected Markets
Overview
City Index offers both fixed and variable spreads depending on the market. Fixed spreads are available on selected spread betting markets such as indices, with fixed spreads starting from 1 pip on some indices products.
Key Facts
- Execution: Average trade execution in 0.05 seconds
- Spread type: Fixed and variable depending on market
- Maximum leverage: 1:30
- Minimum deposit: $100
Costs
Fixed spread pricing applies on selected markets, while other markets use variable spreads. This setup fits traders who want fixed costs on specific products and flexible pricing elsewhere. City Index charges an inactivity fee of £12 per month if there has been no trading activity on an account for 12 months or more.
Platforms
Platform access includes MetaTrader 4 and web-based trading tools, depending on region.
Pros
- Fixed spreads available on selected indices products
- Offers over 13,500 CFDs and spread bets across shares, FX, indices, and commodities
Cons
- Fixed spreads are not listed as the default for every forex pair
Best For
Traders who want a regulated broker and fixed spreads on selected products, especially indices spread betting markets.
FXGlory: Best for a Very Low Minimum Deposit
Overview
FXGlory offers fixed spreads across instruments with a minimum deposit starting at $1 and high leverage availability.
Key Facts
- Account types: Standard, Premium, VIP (for both MT4 and MT5)
- Minimum deposit: $1
- Leverage range: 1:3000
- Execution: Average trade execution in 0.04 seconds
Costs
FXGlory offers spreads as fixed and charges no fees on deposit and no inactivity fee. Fixed spreads support predictable cost planning.
Platforms
Trading platform access includes MetaTrader 4, MetaTrader 5 with web access and proprietary platforms.
Pros
- $1 minimum deposit lowers the barrier to start
- High maximum leverage for traders who understand leverage risk
- Fixed spreads for stable cost planning
Cons
- Limited tradable assets
Best For
Beginners who want fixed spreads with a very small first deposit and fixed spreads on forex, crypto, and precious metals.
Capitalcore: Best for Fixed Spreads During News
Overview
Capitalcore offers fixed spreads that stay unchanged during major news releases, but note that no retail broker can fully guarantee spread stability during extreme liquidity events without widened internal risk controls.
Key Facts
- Account types: Classic, Pro, Elite
- Maximum leverage: 1:2000
- Minimum deposit: $5
- Execution: Average trade execution in 0.03 seconds
Costs
Capitalcore offers fixed spreads starting from 0.4 pips. Capitalcore does not charge inactivity fees and there is no fee on deposit.
Platforms
Platform access includes web-based trading and a proprietary platform setup.
Pros
- Fixed spreads with a low starting from 0.4 pips
- High leverage
- Fast execution speed
Cons
- No free VPS
Best For
Traders who want fixed spreads that stay stable during news events and who also want high leverage.
UnitedPips: Best for 24/7 Multilingual Support and Simple Trading
Overview
UnitedPips provides fixed spreads across account types and offers round-the-clock support access. Fixed spreads are offered across Standard, Premium, and VIP accounts on all tradable instruments.
Key Facts
- Account types: Standard, Premium, VIP
- Minimum deposit: $10 for the Standard account
- Maximum leverage: 1:1000
- Support: 24/7 live support
- Execution: Average trade execution in 0.03 seconds
Costs
UnitedPips offers fixed spreads (starting from 0.6 pips) which remain constant regardless of market conditions, while spreads vary by currency pair and account type. The broker also charges no commission on trades or deposits. It does not charge inactivity fees.
Platforms
UnitedPips offers UniTrader, an all-in-one platform, and it provides access across Classic, Pro, and Mobile platforms.
Pros
- Fixed spreads across account types
- 24/7 support
Cons
- No free VPS
Best For
Beginners who want a simple platform, fixed spreads on all tradable instruments, and support access at any time of day.
LMFX: Best MT4 Fixed Account Option
Overview
LMFX offers multiple account types, including a dedicated Fixed account with fixed spreads. The Fixed account offers 1:400 leverage and a $25 minimum deposit.
Key Facts
- Fixed account leverage: 1:400
- Fixed account minimum deposit: $25
- Platforms: MetaTrader 4 for desktop, web, and mobile
- Execution: Average trade execution in 0.017 seconds
Costs
LMFX’s Fixed account keeps spreads fixed and runs without a separate trading commission on that account type. On the funding side, deposits are handled without extra deposit charges. It also does not charge inactivity fees.
Platforms
LMFX provides MT4 for PC and Mac, MT4 WebTrader, and mobile MT4 apps.
Pros
- Low minimum deposit
- A wide market variety
Cons
- Limited educational resources
Best For
Traders who want MT4 with a dedicated fixed spread account and clear funding method details.
DeltaFX: Best for MT4 Fixed Spread Options
Overview
DeltaFX offers DeltaFix as an account designed for fixed spreads and charges no commission. DeltaFX’s Fix Spread account comes with tighter rules and clear limits on how trades can be placed, including caps on position size and specific restrictions on certain trading tools and styles.
Key Facts
- DeltaFix minimum deposit: $50
- Fix Spread account minimum deposit: $100
- Fix Spread execution: Average trade execution in 0.04 seconds
- Fix Spread platform: MT4
- Fix Spread trading limits: 0.01 minimum lot; 10 maximum lot per order; margin call 100%; stop out 20%
- Fix Spread restrictions: No trailing stop, expert advisor, and hedge position
- Fix Spread swap-free: 10 days
Costs
DeltaFix is positioned as a fixed spread option with no commission. The "Fixed" nature of the spread means it does not change based on minor market fluctuations, but spreads still increase or decrease depending on overall market conditions. Instead of an inactivity fee, it applies charges related to withdrawals, such as a 5.5 Tether (USDT) fee for withdrawal.
Platforms
The Fix Spread account supports MT4 as the trading platform, and DeltaFix is also supported.
Pros
- Clear fixed-spread account
- No inactivity fee
- High leverage of 1:1000
Cons
- Does not accept clients from the United States
Best For
Traders who want MT4 fixed spreads and high leverage.
LegacyFX: Best for Strong Negative Balance Protection
Overview
Legacy FX applies negative balance protection in a way that stops a fast market move from turning into account debt, and the account is handled with a reset approach after extreme gaps.
Key Facts
- Platforms: MetaTrader 5 for desktop, web, and mobile
- Execution: Average trade execution in 0.03 seconds
- Minimum deposit: $1,000
- Maximum leverage: 1:200
Costs
Spread type and pricing details are set by the account terms and the instrument (starting from 1.1 pips for higher-tier accounts (Platinum) up to around 2.5 pips for lower-tier accounts (Silver)). Fixed and variable spread setups are used across different trading products. It also charges $10 per month after 3 consecutive months.
Platforms
Platform access includes MetaTrader options and web access depending on the entity and country availability.
Pros
- Swap-free accounts
- Strong negative balance protection and segregated client funds
Cons
- Does not accept clients from the United States or Canada.
- Some instruments, like certain stocks, are not available on lower-tier (Bronze) accounts
Best For
Traders who want segregated client funds and fast order execution.
Who Should Choose Which Broker?
- Strong regulatory focus: FOREX.com
- FCA-regulated fixed spreads on selected products: City Index
- Ultra-low minimum deposit: FXGlory
- News-event spread stability: Capitalcore
- 24/7 support access: UnitedPips
- Dedicated MT4 fixed account: LMFX
- Fixed account with strict controls: DeltaFX
- Emphasis on negative balance protection: LegacyFX
How to Choose a Fixed-Spread Broker as a Professional Trader
Regulation & protections
Start with the legal entity and the license. Then confirm whether negative balance protection applies. ESMA style protections were created to ensure retail CFD traders cannot lose more money than they put in.
Fees & pricing
Fixed spreads keep spread cost steady, but commissions and service fees still matter. Read the broker’s fee schedule, including deposit, withdrawal, inactivity fees, and conversion charges.
Platform & tools
Beginners often do best with one platform that is simple: clear charts, easy to order tickets, and basic risk controls like stop loss and take profit. MetaTrader 4 and MetaTrader 5 are common starting points.
Funding methods
Choose a broker with funding methods that match the trader’s country and banking setup.
Product access & restrictions
Fixed spread accounts sometimes restrict trade styles. Examples include limits on hedging or expert advisors. These rules are written in broker legal pages and account agreements.
Final Verdict
Fixed spreads help beginners control costs, but the best choice depends on regulation, platform comfort, and account rules. Forex.com is the best overall choice for most traders who want strong trust signals. Traders who want fixed spreads on specific products under a regulated brand can also consider City Index. Some fixed spread brokers also provide higher leverage and lower minimum deposits, but the account rules and protections still need a careful read before funding the account.
Our Review Process & Updates
This guide compares each broker using the same checklist: regulation and safety, total trading cost, platform quality, execution reliability, and deposits, withdrawals, and support. Every broker is reviewed side by side against these points, so the comparison stays consistent. The guide is updated when key facts change, such as regulation status, minimum deposit, leverage limits, platform access, core fees, or account rules.
Risk Warning
Forex and CFDs are complex products and involve a high risk of losing money. Leverage can work against a trader as fast as it can work in their favor, and losses can build quickly in volatile markets. Prices can gap during major news or low liquidity, and stop loss orders can fill at a worse price than expected. Only risk money that can be afforded to lose, and consider starting with a demo account and smaller position sizes before trading live.
FAQ
1) What is a fixed spread in forex?
A fixed spread means the spread stays constant instead of widening and narrowing through the day. This makes the spread cost predictable before the trade is opened.
2) Are fixed spreads always cheaper than variable spreads?
No. Fixed spreads focus on stability, not always the lowest number. Variable spreads can be tighter in calm markets, but they can widen during fast markets.
3) Which accounts usually offer fixed spreads?
Many brokers offer fixed spreads on a dedicated account type, such as a “Fixed” account. Some brokers use fixed spreads only on selected markets rather than on all spot forex pairs. And the other ones offer fixed spreads on all account types and all tradable instruments.
4) Do fixed spread accounts have trading limitations?
Some fixed spread accounts come with restrictions, such as no expert advisors, no hedging, or extra checks on very short trades. These rules are written in the broker’s account agreement or legal pages.
5) What is negative balance protection?
Negative balance protection is a rule that prevents a retail trader from owing money beyond the funds in the trading account. ESMA style rules were created to ensure investors cannot lose more money than they put in.
Add a comment
Leave your thoughts