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Rankings

Lowest-Cost Brokers in 2026

Ranked by our Fees & Deposit score. These brokers stand out for low spreads/commissions and transparent pricing — popular with scalpers and active, cost-sensitive traders.

#1

Interactive Brokers

4.3/5 Trust 87

Professional/active traders & multi-asset investors who prioritize low costs and global market access

Min deposit: Varies by account type — check the official sitePlatforms: Trader Workstation (TWS), IBKR Desktop, Client Portal (web)
#2

IC Markets

4.1/5 Trust 80

Scalpers/algo traders who prioritize raw spreads & platform completeness

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, cTrader
#3

Fusion Markets

3.9/5 Trust 76

Cost-sensitive traders/scalpers who want the lowest possible commission from an ASIC broker

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, cTrader
#4

Tickmill

3.8/5 Trust 74

Scalpers/active traders who prioritize the lowest possible cost

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5
#5

Pepperstone

4.3/5 Trust 87

Active traders/scalpers who prioritize low costs, fast execution, and platform choice

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, cTrader, TradingView (integrated)
#6

Dukascopy

4.0/5 Trust 83

Technical/volume traders who want a transparent ECN model from a FINMA-regulated Swiss bank

Min deposit: Varies by account type — check the official sitePlatforms: JForex (desktop/web), MetaTrader 4, Mobile app
#7

Exness

3.8/5 Trust 71

Experienced traders who understand the entity differences & prioritize low cost/fast execution

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, Exness Terminal / app
#8

FP Markets

3.8/5 Trust 74

Active traders who want raw ECN + stock access (IRESS) from an ASIC broker

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, cTrader
#9

Vantage Markets

3.8/5 Trust 74

Active traders who want MT4/MT5 + raw spreads from an ASIC/FCA broker

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, Vantage app
#10

ThinkMarkets

3.8/5 Trust 74

Active traders who want competitive spreads + an in-house platform from an ASIC/FCA broker

Min deposit: Varies by account type — check the official sitePlatforms: ThinkTrader, MetaTrader 4, MetaTrader 5
#11

Eightcap

3.8/5 Trust 74

Traders who want MT4/MT5 + TradingView at competitive cost from an ASIC/FCA broker

Min deposit: Varies by account type — check the official sitePlatforms: MetaTrader 4, MetaTrader 5, TradingView (integrated)
#12

Trading 212

3.8/5 Trust 77

Beginners/investors who want commission-free stocks & ETFs from an FCA-regulated broker

Min deposit: Varies by account type — check the official sitePlatforms: Trading 212 app (web/mobile)

Rankings are based on our editorial scoring framework (see our methodology). Trading is high-risk — read our risk warning before opening an account.