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.
Reviewed by Hà Ngọc Lộc· Senior SEO Editor
Reviewed using our forex & CFD broker review methodology

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.

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).
Related Guides
Sources & verification
- Last checked
- Written by
- HNL Growth Team
- Reviewed by
- Hà Ngọc Lộc
- Length
- 2 min read · 476 words
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)
Explore Related Hubs & Free Trading Tools
Ready to Trade with Vantage Markets?
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.
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.