Best broker · Route Checked
Commission is the cost you control. The lowest-commission raw-spread brokers in 2026, led by Fusion Markets at $4.50 round-turn, about half the industry norm. Compare the all-in cost before you fund.
The shortlist, side by side
Best value highlighted. Figures checked against public info, verify before funding.
| Broker | Commission | Regulation | Min deposit | Platforms | Action |
|---|---|---|---|---|---|
|
FFusion MarketsBest value
|
$4.50 round-turn | ASIC (AU) + offshore | $0 | MT4, MT5, cTrader, TradingView | Open Fusion account → |
|
IIC Markets
|
$7.00 round-turn | ASIC, CySEC + offshore | $200 | MT4, MT5, cTrader, TradingView | Read review → |
|
PPepperstone
|
$7.00 round-turn | FCA, ASIC, CySEC, DFSA | $0 | MT4, MT5, cTrader, TradingView | Read review → |
|
VaVantage
|
$6.00 round-turn | ASIC, FCA, CySEC + offshore | $50 | MT4, MT5, TradingView | Read review → |
Best by what you need
- Lowest commission: Fusion Markets at $4.50 round-turn
- Tightest raw spreads: IC Markets
- Tier-1 regulation: Pepperstone
- No minimum deposit: Fusion Markets and Pepperstone
Fusion Markets: $0 to start, $4.50 round-turn, MT4, MT5, cTrader and TradingView.
FAQ
Which forex broker has the lowest commission?
Fusion Markets, at $4.50 round-turn on the Zero account, undercuts IC Markets and Pepperstone (around $7). Always add the raw spread for the true all-in cost.
Is low commission the same as low cost?
No. Total cost is commission plus spread. Fusion wins on commission; a broker with tighter spreads can be close on the all-in number, so compare on your pairs.