7 Best Commission-Free Brokers

This guide compares 7 commission-free Forex brokers: Capitalcore, OCTA, AvaTrade, RoboForex, FBS, Exness, and Pepperstone. It breaks down commission-free account options, spread models, minimum deposits, inactivity fees, regulation entries, and platforms, with quick tips to help new traders choose the right broker.

Commission-free Forex trading means there is no per-trade commission on certain accounts. The main trading cost is built into the spread, which is the gap between the buy price and the sell price. For beginners, the safest way to compare brokers is to check commission-free account types, spread model, inactivity fee, minimum deposit, regulation, and platform access.

Top Picks (Quick Summary)

• Capitalcore, Best Overall: (Fixed spreads and low minimum deposit) 

  Best for beginners who want fixed spreads, commission-free Classic, Silver, Gold, and VIP accounts, a minimum deposit of $5, and high leverage. 
   

• OCTA, Best for swap-free trading: (Swap-free by default with MetaTrader access) 

  Best for traders who want swap-free by default, commission-free accounts on OctaTrader, MetaTrader 4, and MetaTrader 5, a minimum deposit of $25, and maximum leverage of 1:1000.
   

• AvaTrade, Best for clear fees and strong regulation list: (Commission-free spread pricing with clear inactivity fee) 

  Best for beginners who want commission-free Standard Account (Retail) and Professional Account pricing.
   

• RoboForex, Best for Pro-Cent accounts: (Commission-free Pro account options with no inactivity fee) 

  Best for traders who want commission-free Pro-Standard and Pro-Cent accounts.
   

• FBS, Best for high leverage: (Maximum leverage 1:3000 with low minimum deposit) 

  Best for traders who want leverage up to 3000 with a minimum deposit of $5, while noting the €10 account maintenance fee if inactive for 12 months. More comparisons are available on best high leverage Forex brokers.
   

• Exness, Best for flexible account structure: (Multiple commission-free accounts and no inactivity penalties) 

  Best for traders who want commission-free Standard, Standard Cent, and Pro accounts, a minimum deposit of $10, high leverage, and no inactivity penalties.
   

• Pepperstone, Best for platform choice: (MT4, MT5, and cTrader with commission-free Standard Account) 

  Best for traders who want a commission-free Standard Account, and access to MT4, MT5, and cTrader.

Comparison Table of Top Commission-free Forex Brokers
 

Key Costs and Pricing Snapshot

• Commission-free trading: Each broker lists specific commission-free account types. The main cost is the spread on those accounts.
• Commission-based alternatives: Pepperstone Razor uses a fixed commission (approx. $7 round turn). FBS Zero Spread charges commission starting from $20 per lot. RoboForex ECN tiers charge commissions ranging from $1.5 to $2 per lot.
• Inactivity fees: AvaTrade charges $50 after 3 months. FBS charges a €10  if inactive for 12 months. Several others charge no inactivity fee.
• Minimum deposits: Pepperstone ($0)*, Capitalcore ($5), FBS ($5), Exness ($10), RoboForex ($10), OCTA ($25), AvaTrade ($100).
• Spread style: Capitalcore offers fixed spreads. OCTA, AvaTrade, RoboForex, FBS, and Exness offer floating spreads. Pepperstone offers both fixed and floating spreads.

Note: In practice, a deposit is required (at least $1) to open real trades, cover margin requirements, and execute positions in live market conditions.

Why These Brokers Made the List

• Commission-free account access: Each broker includes at least one commission-free account type.
• Instant deposit time: All seven brokers on this guide have instant deposit time.
• Beginner-friendly cost checks: Each broker has clear entries for minimum deposit, spread model, and inactivity fee.
• Platform access: Each broker supports at least a web platform or mobile trading, and several support MT4 and MT5.

Best Commission-free Forex Brokers — Detailed Reviews

Capitalcore: Best for fixed-spread traders

Overview: Capitalcore offers a fixed spread model and multiple commission-free account tiers. The commission-free accounts are Classic, Silver, Gold, and VIP.

Key facts:

• Commission-free accounts: Classic, Silver, Gold, VIP (all accounts)
• Spreads: Fixed
• Inactivity fee: No
• Minimum deposit: $5
• Max leverage: 2000
• Platforms: Proprietary desktop platform, Web platform, Mobile trading

Pros:

• Fixed spread model
• Low minimum deposit 
• Commission-free and swap-free account tiers 

Cons:

• Limited tradable assets

Best for: Beginners who want a fixed-spread structure and simple commission-free account tiers. For more comparisons, see best fixed-spread brokers.

OCTA: Best for beginners

Overview: OCTA offers commission-free accounts across OctaTrader, MetaTrader 5, and MetaTrader 4. 

Key facts:

• Commission-free accounts: OctaTrader, MetaTrader 5, MetaTrader 4
• Spreads: Floating
• Inactivity fee: No
• Minimum deposit: $25
• Max leverage: 1000
• Platforms: Proprietary desktop platform, Web platform, MT4, MT5, Mobile trading, OctaTrader

Pros:

• Swap-free by default
• No inactivity fee 

Cons:

• No cTrader support

Best for: Traders who want swap-free trading with MT4 or MT5 support.

AvaTrade: Best for spread-based pricing

Overview: AvaTrade offers a pricing model where costs are built into the spread for Standard Account (Retail) and Professional Account, with no per-trade commission on those account types.

Key facts:

• Commission-free accounts: Standard Account (Retail), Professional Account
• Spreads: Floating
• Inactivity fee: $50 after 3 months
• Minimum deposit: $100
• Max leverage: 400
• Platforms: Proprietary desktop platform, Web platform, MT4, MT5, Mobile trading, AvaTradeGO

Pros:

• MT4 and MT5 are supported
• Multiple regulations

Cons:

• Inactivity fee is $50 after 3 months
• No cTrader support

Best for: Beginners who want a simple spread-based fee structure and clear inactivity rules.

RoboForex: Best for Pro-Cent accounts

Overview: RoboForex offers commission-free Pro-Standard and Pro-Cent accounts. It also offers commission-based ECN tiers with a stated commission range.

Key facts:

• Commission-free accounts: Pro-Standard, Pro-Cent
• Spreads: Floating
• Inactivity fee: No
• Minimum deposit: $10
• Max leverage: 2000
• Platforms: Proprietary desktop platform, Web platform, MT4, MT5, Mobile trading

Pros:

• No inactivity fee 
• MT4 and MT5 are supported

Cons:

• Commission applies on ECN, Prime, and R StocksTrader tiers
• No cTrader support

Best for: Traders who want Pro-Cent access and a clear step-up to commission-based ECN tiers.

FBS: Best for high-leverage trading

Overview: FBS offers commission-free Standard, Cent, and Pro accounts. It also offers a Zero Spread account with a 0-pip spread and a commission that starts from $20 per lot.

Key facts:

• Commission-free accounts: Standard, Cent, Pro
• Spreads: Floating
• Inactivity fee: €10 per month after 12 months
• Minimum deposit: $5
• Max leverage: 3000
• Platforms: Web platform, MT4, MT5, Mobile trading

Pros:

• High Leverage
• Low minimum deposit

Cons:

• Inactivity fee is charged 
• Zero Spread commission starts from $20 per lot

Best for: Traders who prioritize high leverage. More options are listed on best high leverage Forex brokers.

Exness: Best for account structure variety

Overview: Exness offers commission-free Standard and Standard Cent accounts, and it also offers Pro as commission-free with a higher initial deposit requirement. Raw Spread and Zero accounts list spreads from 0.0 pips with a fixed commission.

Key facts:

• Commission-free accounts: Standard, Standard Cent, Pro
• Spreads: Floating
• Inactivity fee: No
• Minimum deposit: $10
• Max leverage: 2000
• Platforms: Web platform, MT4, MT5, Mobile trading

Pros:

• No inactivity penalties 
• Low minimum deposit 

Cons:

• Higher initial deposit requirement for Pro

Best for: Traders who want multiple pricing structures under one broker.

Pepperstone: Best for platform choice

Overview: Pepperstone offers a commission-free Standard Account and a commission-based Razor Account. Razor lists spreads from 0.0 pips with a fixed $7 commission round turn.

Key facts:

• Commission-free accounts: Standard Account
• Spreads: Both
• Inactivity fee: No
• Minimum deposit: $0
• Max leverage: 1000
• Platforms: Proprietary desktop platform, Web platform, MT4, MT5, cTrader, Mobile trading

Pros:

• MT4, MT5, and cTrader are supported

Cons:

• Traders who want 0.0 pip pricing must use a commission-based account

Best for: Traders who want MT4, MT5, and cTrader access in one place.

How Commission-free Pricing Works in Practice

Commission-free accounts remove the per-trade commission, but the spread becomes the main cost. A spread-markup model means the spread is wider so the broker can earn from the price difference.

• Example of zero commission with wider spreads: Pepperstone Standard Account has zero commission with spreads starting around 1.0 pips.
• Example of tight spreads with commission: Pepperstone Razor has spreads from 0.0 pips with a fixed commission (~$7 round turn).
• Example of 0-pip spread with high commission: FBS Zero Spread has a 0-pip spread with commission starting from $20 per lot.
• Example of stated commission ranges on ECN tiers: RoboForex ECN tiers has commissions ranging from $1.5 to $2 per lot.

A simple beginner rule is to pick one commission-free account type and compare the spread model and inactivity fee before adding advanced features like scalping accounts or ECN tiers.

Who Should Choose Which Option?

• Choose Capitalcore for a fixed-spread structure and commission-free tiers, with a minimum deposit of $5.
• Choose OCTA for swap-free trading and commission-free accounts on OctaTrader, MT4, and MT5.
• Choose AvaTrade for spread-based pricing with a large regulation list, while accepting the $50 after 3 months inactivity fee.
• Choose RoboForex for Pro-Cent access with no inactivity fee and the option to move into ECN tiers with stated commissions.
• Choose FBS for high leverage (1:3000) and a minimum deposit of $5, while reviewing the inactivity fee and Zero Spread commission.
• Choose Exness for multiple account structures, including Standard Cent and Pro, plus Raw Spread and Zero for spreads from 0.0 pips.
• Choose Pepperstone for MT4, MT5, and cTrader access, with a clear split between Standard commission-free and Razor commission-based pricing.

How to Choose the Right Commission-free Forex Broker

• Start with the account type: Match the broker to the commission-free account name that is available.
• Check the spread model: Fixed, floating, or both. Fixed spreads fit traders who want stable pricing during normal market hours.
• Watch inactivity fees: An inactivity fee changes the total cost for traders who take breaks.

• Confirm minimum deposit: A lower number reduces the starting barrier.

   

Final Verdict

Capitalcore leads this guide for a fixed-spread commission-free structure and a minimum deposit of $5. OCTA fits beginners who want MT4 and MT5 access. AvaTrade fits traders who want spread-based pricing with a large regulation list and clear inactivity rules. RoboForex is a strong match for Pro-Cent traders who also want a path to ECN tiers. FBS stands out for high leverage. Exness fits traders who want multiple account structures in one broker. Pepperstone fits traders who want MT4, MT5, and cTrader, with a clear choice between Standard commission-free pricing and Razor commission-based pricing.

Our Review Process & Updates

• Commission-free account types were checked for each broker.
• Spread model, inactivity fee, minimum deposit, regulation entries, and platforms were mentioned.
• This page should be updated when a broker changes account terms, fees, or platform access.
   

Risk Warning

Forex and CFDs involve high risk. Leverage can magnify losses as well as gains. Only risk money that can be lost, and read the broker risk disclosures before trading.
 

FAQ

What is the best commission-free Forex broker for fixed spreads?

Capitalcore has fixed spreads and commission-free Classic, Silver, Gold, and VIP accounts. 
 

What is the best commission-free Forex broker for high leverage?

FBS has maximum leverage of 3000 and commission-free Standard, Cent, and Pro accounts. 
 

What is the best commission-free Forex broker for swap-free trading?

OCTA is a swap-free and commission-free broker on OctaTrader, MetaTrader 5, and MetaTrader 4.
 

What is the best commission-free Forex broker for MT5 trading?

OCTA, AvaTrade, RoboForex, FBS, Exness, and Pepperstone has MetaTrader 5 (MT5) support. The best match depends on minimum deposit, inactivity fee, and spread model.