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GuidesUpdated · Published 2026-09-18Forex Guide

Best Raw Spread Brokers 2026: Commission per Lot Compared

Raw spread (ECN-style) accounts compared by commission per lot, minimum deposit and platforms: Vantage, VT Markets, Exness, JustMarkets, PU Prime, HFM and.

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Best Raw Spread Brokers 2026: Commission per Lot Compared — cover image

A raw spread account shows near-interbank spreads (often from 0.0 pips) and charges a fixed commission per lot. Among the brokers we cover, commission runs from $6 to $7 per round turn. Vantage Raw ECN ($6), VT Markets RAW ECN ($6), JustMarkets Raw Spread ($6) and HFM Zero (from $6) are at the low end. Exness Raw Spread (up to $7) and IC Markets Raw ($7) are slightly higher. Pick by all-in cost on your pairs, not by the "from 0.0" headline.

Raw Accounts Compared (checked 2026-10-01)

Broker Account Commission (round turn) Min deposit Platforms
Vantage Raw ECN $6 $50 MT4, MT5, TradingView
VT Markets RAW ECN $6 $100 MT4, MT5
JustMarkets Raw Spread $6 $200 MT4, MT5
HFM Zero From $6 $0 MT4, MT5
PU Prime Prime $7 Check entity MT4, MT5
Exness Raw Spread Up to $7 From $200 (region) MT4, MT5, Exness Terminal
IC Markets* Raw Spread $7 $200 MT4, MT5, cTrader

*Not an affiliate partner.

Best Raw Spread Brokers 2026: Commission per Lot Compared — Forex broker Raw ECN vs Standard STP spread and execution cost breakdown
All-in trading cost comparison (spread + commission per standard lot) and execution model breakdown for Best Raw Spread Brokers 2026: Commission per Lot Compared.

When Raw Beats Standard

Use all-in cost = average spread × $10 + commission (per lot on EURUSD):

Standard (1.2 pip, no commission) Raw (0.1 pip + $6)
Cost per lot $12 $7

Raw usually wins once you trade more than a few lots a month. Standard can be simpler for occasional traders.

Hidden Costs on Raw Accounts

  • Commission on both sides: "$3 per side" means $6 per round turn
  • Account currency: a commission in USD on a EUR account adds conversion cost
  • Minimum deposit: JustMarkets and Exness raw accounts need around $200
  • Swap: raw accounts usually have the same swap as standard ones

Related: Best ECN brokers · ECN vs STP · Forex broker fees · Best brokers for scalping · How to compare forex spreads

Official sources: JustMarkets official site (justmarkets.com) · Exness regulation page (exness.com) · VT Markets official site (vtmarkets.com) · Vantage official site (vantagemarkets.com).

Best Raw Spread Brokers: Your Questions Answered

What is a raw spread account?

An account with spreads close to interbank prices plus a fixed commission per lot.

Which broker has the lowest raw commission?

Among the brokers we cover, $6 round turn at Vantage, VT Markets, JustMarkets and HFM Zero (from). Average spreads decide the final cost.

Is raw spread good for beginners?

It can be cheaper, but the two-part pricing is harder to track. Start on demo.

Sources checked 2026-10-01: broker account pages and our dated reviews (Vantage spreads/fees 2026-08-16, HFM account types 2026-08-19, Exness and JustMarkets account types 2026-10-01, VT Markets 2026-10-01, PU Prime 2026-08-16); IC Markets figures from ic.com account overview (Raw Spread commission $3.50/side; Raw Trading Ltd, FSA Seychelles SD018).

Sources & verification

Last checked
Written by
HNL Growth Team
Reviewed by
Hà Ngọc Lộc
Length
2 min read

Rules, prices and payout terms on this page were checked against the official websites, help-centre articles and published terms of the firms mentioned, on the date above. Prop firms and brokers change conditions often — confirm the current version on the official site before you buy or deposit. Read our broker review methodology and affiliate disclosure.

Official sources & documentation verified

  • JustMarkets official site(justmarkets.com)
  • Exness regulation page(exness.com)
  • VT Markets official site(vtmarkets.com)
  • Vantage official site(vantagemarkets.com)

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Vantage Markets is a multi-regulated forex & CFD broker (FCA, ASIC, FSCA, CIMA, VFSC, FSC) trusted by 5 million+ traders, with Raw ECN pricing from $3/lot, no deposit/withdrawal fees, and full MT4/MT5/TradingView support.

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$50 minimum deposit
Raw ECN spreads from 0.0 pips + $3/lot commission
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Risk disclaimer: Vantage Markets is a live, regulated broker — trading forex and CFDs is done with real capital under normal market risk (this is not a simulated prop-firm evaluation). CFDs and leveraged forex products are complex instruments and carry a high risk of losing money rapidly due to leverage; most retail investor accounts lose money trading these products. Consider whether you understand how CFDs/forex work and whether you can afford the high risk of losing your money. Affiliate disclosure: HNL Growth earns a commission when you open a Vantage Markets account through links on this page.