What Is a Good EURUSD Spread?
In our test, 0.94 pips or less put a broker in the cheapest quarter of the 19 we tested on EURUSD, and 1.50 pips or more in the most expensive quarter. So on a Standard account, treat 0.94 pips or lower as a good EURUSD spread and 1.50 pips or higher as expensive.
Of the 19 brokers, 5 made the cheapest quarter and 5 the most expensive. If your broker quotes EURUSD at 1.50 pips or more on a Standard account, you are paying more than most traders need to, and it is worth switching.
Is a 1-pip spread good? On EURUSD in our test, 1 pip beats the median broker (1.33 pips) but misses the cheapest quarter (0.94 pips or less). Lower is always better for you: the spread is a cost you pay on every trade.
How to Calculate the EURUSD Spread Cost Per Trade
On EURUSD, one pip is 0.0001. Because the quote currency is the US dollar, one pip is worth $10.00 per standard lot (100,000 euros), $1.00 per mini lot and $0.10 per micro lot in a USD account. You pay the spread once per round trip, when you open the trade.
Spread cost = spread in pips × pip value × number of lots
Scroll horizontally to see all columns
| Broker average | Spread (pips) | 0.01 lot | 0.1 lot | 1 lot |
|---|---|---|---|---|
| Lowest (Exness) | 0.80 | $0.08 | $0.80 | $8.00 |
| Median (RoboForex) | 1.33 | $0.13 | $1.33 | $13.34 |
| Highest (XM) | 1.93 | $0.19 | $1.93 | $19.33 |
At 100 standard-lot trades a month, the difference between the cheapest and the most expensive broker in our test adds up to about $1,133 a month in spread alone.
EURUSD Spread Analysis for All 19 Brokers
This section looks at each broker's EURUSD spread beyond the average: how steady it stayed, how far it widened and how often it was the cheapest quote in the test.
Exness EURUSD Spread
EURUSD avg.: 0.80 pips · Standard account
Exness had the lowest average EURUSD spread in our test, about $5.34 per standard lot cheaper than the median broker. It quoted exactly 0.80 pips in all 510 matched minutes, so its cost never moved during the test. It was the cheapest quote, alone or tied, in 91.6% of matched minutes, more often than any other broker.
Best for: scalpers and high-volume EURUSD traders, because no broker averaged less and its spread never changed, so every trade costs the same small amount.
IC Markets EURUSD Spread
EURUSD avg.: 0.86 pips · Standard account
IC Markets made the cheapest quarter of the 19 brokers on EURUSD, only about $0.60 per standard lot more than Exness. Its middle 50% of minutes sat between 0.80 and 0.90 pips, with quotes ranging from 0.80 to 1.00 pips. It was the cheapest quote, alone or tied, in 37.1% of matched minutes.
Best for: active EURUSD day traders who open many trades, because its spread stayed close to its low average, so the cost per trade hardly varies.
OANDA EURUSD Spread
EURUSD avg.: 0.86 pips · Standard account
OANDA tied IC Markets at 0.86 pips when rounded and ranks below it only on the unrounded average. Half of its minutes fell between 0.80 and 0.90 pips, with quotes ranging from 0.60 to 1.10 pips. Its low of 0.60 pips was the tightest single quote in the whole test. It was the cheapest quote, alone or tied, in 43.3% of matched minutes, more often than IC Markets.
Best for: EURUSD day traders active during the London–New York overlap, because our test covered that whole window and its spread held near its low average in it.
JustMarkets EURUSD Spread
EURUSD avg.: 0.90 pips · Standard account
JustMarkets made the cheapest quarter of the 19 brokers on EURUSD, only about $1.00 per standard lot more than Exness. Its quote never moved from 0.90 pips in any of the 510 matched minutes.
Best for: frequent EURUSD traders and scalpers, because its spread never changed, so you know the cost of every trade before you open it.
FBS EURUSD Spread
EURUSD avg.: 0.94 pips · Standard account
FBS made the cheapest quarter of the 19 brokers on EURUSD, only about $1.39 per standard lot more than Exness. Half of its minutes fell between 0.90 and 1.00 pips, with quotes ranging from 0.80 to 1.10 pips. It hit its high of 1.10 pips in at least 5% of minutes. It was the cheapest quote, alone or tied, in 12.2% of matched minutes.
Best for: EURUSD swing traders, because its average is among the cheapest and its occasional wider minutes matter less when you hold a trade for days.
Pepperstone EURUSD Spread
EURUSD avg.: 1.01 pips · Standard account
Pepperstone beat the median broker on EURUSD by about $3.27 per standard lot. It sat at 1.00 pips for at least half of the test, with quotes ranging from 1.00 to 1.30 pips.
Eightcap EURUSD Spread
EURUSD avg.: 1.05 pips · Standard account
Eightcap beat the median broker on EURUSD by about $2.85 per standard lot. Half of its minutes fell between 1.00 and 1.10 pips, with quotes ranging from 1.00 to 1.20 pips.
FP Markets EURUSD Spread
EURUSD avg.: 1.13 pips · Standard account
FP Markets beat the median broker on EURUSD by about $2.02 per standard lot. Its middle 50% of minutes sat between 1.10 and 1.20 pips, with quotes ranging from 1.10 to 1.30 pips.
AvaTrade EURUSD Spread
EURUSD avg.: 1.30 pips · Spread-based retail account
AvaTrade beat the median broker on EURUSD by about $0.34 per standard lot. It quoted exactly 1.30 pips in all 510 matched minutes, so its cost never moved during the test.
RoboForex EURUSD Spread
EURUSD avg.: 1.33 pips · Pro account
RoboForex is the median broker in our test, about $5.34 per standard lot dearer than Exness. Its middle 50% of minutes sat between 1.30 and 1.40 pips, and 95% stayed at or below 1.40 pips, though it briefly reached 3.00 pips.
VT Markets EURUSD Spread
EURUSD avg.: 1.36 pips · Standard STP account
VT Markets sits above the median broker on EURUSD, about $0.26 per standard lot dearer. Half of its minutes fell between 1.30 and 1.40 pips, with quotes ranging from 1.30 to 1.50 pips.
Vantage EURUSD Spread
EURUSD avg.: 1.36 pips · Standard STP account
Vantage tied VT Markets at 1.36 pips when rounded and ranks below it only on the unrounded average. Its middle 50% of minutes sat between 1.30 and 1.40 pips, with quotes ranging from 1.30 to 1.50 pips.
OctaFX EURUSD Spread
EURUSD avg.: 1.39 pips · MetaTrader 5 account
OctaFX sits above the median broker on EURUSD, about $0.57 per standard lot dearer. It sat at 1.40 pips for at least half of the test, with quotes ranging from 1.30 to 1.40 pips.
FxPro EURUSD Spread
EURUSD avg.: 1.40 pips · MT5 Standard account
FxPro sits above the median broker on EURUSD, about $0.70 per standard lot dearer. It sat at 1.40 pips for at least half of the test, with quotes ranging from 1.20 to 1.60 pips. It hit its high of 1.60 pips in at least 5% of minutes.
LiteFinance EURUSD Spread
EURUSD avg.: 1.50 pips · Classic account
LiteFinance is in the most expensive quarter on EURUSD, about $7.00 per standard lot more than Exness. It quoted exactly 1.50 pips in all 510 matched minutes, so its cost never moved during the test.
Tickmill EURUSD Spread
EURUSD avg.: 1.60 pips · Classic account
Tickmill is in the most expensive quarter on EURUSD, about $8.00 per standard lot more than Exness. Its quote never moved from 1.60 pips in any of the 510 matched minutes.
XTB EURUSD Spread
EURUSD avg.: 1.65 pips · Standard account
XTB is in the most expensive quarter on EURUSD, about $8.54 per standard lot more than Exness. It stayed between 1.60 and 1.70 pips in every one of the 510 matched minutes.
HFM EURUSD Spread
EURUSD avg.: 1.73 pips · Premium account
HFM is in the most expensive quarter on EURUSD, about $9.32 per standard lot more than Exness. Its middle 50% of minutes sat between 1.70 and 1.80 pips, with quotes ranging from 1.60 to 2.10 pips. In its widest 5% of minutes it reached 2.00 pips or more.
XM EURUSD Spread
EURUSD avg.: 1.93 pips · Standard account
XM had the highest average EURUSD spread in our test, about $11.33 per standard lot more than Exness. Half of its minutes fell between 1.90 and 2.00 pips, with quotes ranging from 1.90 to 2.10 pips.
When Does the EURUSD Spread Widen?
EURUSD spreads are variable. They are usually tightest when liquidity is deepest and can widen when it thins out, such as around the daily rollover, during quiet hours and around major economic releases or central bank decisions.
Our measurements ran on 9 July 2026, 10:00–19:00 UTC, covering 6 of the 9 hours of the London session, 7 of the 9 hours of the New York session, and all 4 hours of the London–New York overlap. The Tokyo session and the daily rollover (17:00 New York time) fell outside the window, so spreads there can be wider than the averages above.
Hour by hour, the average EURUSD spread across the 19 brokers stayed between 1.26 and 1.28 pips, while the brokers' own averages ranged from 0.80 to 1.93 pips: the broker you choose mattered far more than the hour you trade. Exness had the lowest average in every hour of the test.
Why We Test Standard Accounts, Not Raw or Zero
We compare Standard accounts because they are the accounts most traders actually use. A Standard account is a spread-only account: the broker's charge is built into the spread, with no separate commission. It is usually the broker's entry-level account with the lowest minimum deposit, so anyone can open one and trade at the spreads in this ranking.
Raw-spread, Zero, ECN and premium-tier accounts can quote tighter spreads. A raw spread sits close to the interbank price, and the broker adds a commission per lot instead; some brokers also ask for a much larger first deposit to open these accounts. Because most traders can't or don't use them, ranking them next to Standard accounts would not be a fair comparison. Brokers name their Standard-type account differently, so the analysis above shows each tested account under its official name: Standard, Spread-based retail, Pro, Standard STP, MetaTrader 5, MT5 Standard, Classic, and Premium.
If you do trade a Raw or Zero account, convert its commission into pips before comparing: on EURUSD, divide the round-turn commission per standard lot by $10.00. A hypothetical $7 round-turn commission, for example, adds 0.7 pips to the Raw spread.
What Is the EURUSD Spread?
The EURUSD spread is the gap between the Bid price (where you sell) and the Ask price (where you buy). If EURUSD is quoted at 1.08500 Bid and 1.08510 Ask, the bid/ask spread is 0.00010, or 1 pip.
Most platforms quote EURUSD to five decimal places. The fifth decimal is a fractional pip, often called a pipette or point, so 10 points equal 1 pip.
Which Forex Pair Has the Lowest Spread?
EURUSD, in our test. Averaged across all 19 brokers it came in at 1.27 pips, the lowest of the 7 major Forex pairs we measured, while the other 6 averaged between 1.47 and 1.79 pips.
Scroll horizontally to see all columns
| Pair | Average spread (pips) |
|---|---|
| EURUSD | 1.27 |
| AUDUSD | 1.47 |
| GBPUSD | 1.48 |
| USDCHF | 1.52 |
| USDJPY | 1.59 |
| USDCAD | 1.66 |
| NZDUSD | 1.79 |
How We Measured EURUSD Spreads
We recorded one EURUSD quote per minute on live Standard or equivalent accounts at all 19 brokers on 9 July 2026, 10:00–19:00 UTC, kept only valid readings, and compared brokers on the same 510 matched minutes. Brokers are ranked by their full-precision average EURUSD spread. Read our testing methodology for how we collect and check the data, and the full 7-pair ranking for the other major pairs.
Download every EURUSD quote behind this ranking: 9,690 rows (19 brokers × 510 matched minutes), each with the bid, ask and spread.
Free for research. Credit RinTrade with a link when you publish results (Dataset licence).
These are the setup screenshots from each broker's live account, cropped to the EURUSD row (outlined) and, in MetaTrader 5, our logger's status, each with a link to the full screenshot.
Exness
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- Exness-MT5Real24
IC Markets
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- ICMarketsSC-MT5-3
OANDA
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- OANDA_Global-Live-1
JustMarkets
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- JustMarkets-Live2
FBS
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- FBS-Real
Pepperstone
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- PepperstoneBS-MT5-Live01
Eightcap
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- EightcapGlobal-Live
FP Markets
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- FPMarketsSC-Live
AvaTrade
- Account type:
- Spread-based retail account
- Platform:
- MetaTrader 5
- Server:
- Ava-Real 1-MT5
RoboForex
- Account type:
- Pro account
- Platform:
- MetaTrader 5
- Server:
- RoboForex-Pro
VT Markets
- Account type:
- Standard STP account
- Platform:
- MetaTrader 5
- Server:
- VTMarkets-Live
Vantage
- Account type:
- Standard STP account
- Platform:
- MetaTrader 5
- Server:
- VantageMarkets-Live
OctaFX
- Account type:
- MetaTrader 5 account
- Platform:
- MetaTrader 5
- Server:
- Elev8-Real2
FxPro
- Account type:
- MT5 Standard account
- Platform:
- MetaTrader 5
- Server:
- FxPro-MT5
LiteFinance
- Account type:
- Classic account
- Platform:
- MetaTrader 5
- Server:
- LiteFinance-MT5-Live
Tickmill
- Account type:
- Classic account
- Platform:
- MetaTrader 5
- Server:
- Tickmill-Live
XTB
- Account type:
- Standard account
- Platform:
- xStation 5 Web
- Server:
- xStation5-Web
HFM
- Account type:
- Premium account
- Platform:
- MetaTrader 5
- Server:
- HFMarketsGlobal-Live16
XM
- Account type:
- Standard account
- Platform:
- MetaTrader 5
- Server:
- XMGlobal-MT5 4
EURUSD Spread FAQs
Which broker has the lowest spread on EURUSD?
Exness, in our test of 19 Standard accounts: it averaged 0.80 pips and was the cheapest quote, alone or tied, in 91.6% of matched minutes. IC Markets (0.86) and OANDA (0.86 pips) came next.
What is the average EURUSD spread?
The typical EURUSD spread on a Standard account was 1.27 pips: that is the average across the 19 Standard accounts we tested on 9 July 2026, and the median broker averaged 1.33 pips. The cheapest broker, Exness, averaged 0.80 pips and the most expensive 1.93 pips.
What does a 0.3 or 0.6 spread mean on EURUSD?
The Ask price is 0.00003 or 0.00006 above the Bid. On one standard lot in a USD account that costs about $3.00 or $6.00 per trade. Both would beat every Standard account in our test, where the lowest average was Exness at 0.80 pips.
Is there a broker with a zero EURUSD spread?
Not on a Standard account in our test: none of the 19 brokers averaged zero, and the tightest single quote in 510 minutes was 0.60 pips at OANDA. Some brokers advertise zero spreads on Raw or Zero accounts, which charge a commission per lot instead.
How can I check the live EURUSD spread?
Spreads change minute by minute, so this ranking shows averages from our test rather than live quotes. In MetaTrader 5, right-click the Market Watch window, choose Columns and enable Spread, then find EURUSD in the list. MT5 shows the spread in points, so divide by 10 to get pips on a five-digit quote.
Why is my EURUSD spread higher than advertised?
Broker websites usually advertise a minimum or "from" spread, the tightest quote the account can show. Your real spread also depends on the account type and the time of day, and it widens around the daily rollover and major news. An average across many minutes, like the figures in this ranking, is a fairer guide to what you will pay.