In a volatile market, variable spreads can blow out during news events, eating into your profits. This guide reviews the best fixed spread forex brokers, including FXGlory, IronFX, and Capitalcore, to help you find a top broker list that offers consistent, non-widening costs for every trade.
Fixed spreads make trading costs easier to read because the spread is set instead of moving all the time. Beginners often like this simple pricing view, especially when learning how spreads, leverage, and fees work. This guide covers seven brokers: Capitalcore, Pepperstone, FXTM, FXGlory, UnitedPips, IronFX, and InstaForex.
Top Picks (Quick Summary)
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Capitalcore, Best Overall: (Fixed spreads, low minimum deposit, and high leverage)
Best for beginners who want fixed spreads that are never changed, a minimum deposit of 5, and maximum leverage of 1:2000.
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Pepperstone, Best reviewed forex broker with tight spread: (Strong regulation and many platforms)
Best for traders who want a broker regulated by FCA, ASIC, CySEC, DFSA, BaFin, CMA, and SCB regulation, plus MT4, MT5, cTrader, and TradingView connection.
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FXTM, Best for ECN plus instant execution: (ECN + Instant Execution with high leverage)
Best for traders who want maximmum leverage of 1:3000 and ECN + Instant Execution model.
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FXGlory, Best for a very small deposit: (Fixed spreads with low entry cost)
Best for beginners who want fixed spreads, a minimum deposit of $1, and maximum leverage of 1:3000. Leverage on gold is available with no restrictions at all.
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UnitedPips, Best US forex broker with tight spreads: (US access with fixed spreads)
Best for US traders who want fixed spreads. Minimum deposit is $10 and maximum leverage is 1:1000.
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IronFX, Best for regulation-focused traders: (Multi-regulator setup with MT4 access)
Best for traders who want a broker regulated by FCA, ASIC, CySEC, and FSCA, with MT4 and maximum leverage of 1:2000.
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InstaForex, Best for the highest leverage number: (Maximum leverage 5000 with a low minimum deposit)
Best for traders who want an ultra-high leverage (1:5000) with a minimum deposit of $1.
Comparison Table of Top Fixed Spreads Brokers
* $0 commission means that the broker does not charge a separate fee to open or close a trade.
Key Costs and Pricing Snapshot
Beginners usually start with three numbers: minimum deposit, maximum leverage, and inactivity fee. Deposit bonus and withdrawal timing also matter when planning account funding and cash flow.
- Lowest minimum deposit: Pepperstone ($0), FXGlory ($1), InstaForex ($1)
- Highest max leverage: InstaForex (1:5000)
- Fixed spreads: Capitalcore, FXGlory, UnitedPips
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No Inactivity fee: Capitalcore, Pepperstone, FXGlory, UnitedPips
Why These Brokers Made the List
- Spreads: The guide includes brokers with fixed spreads.
- High leverage: Maximum leverage values in this guide range from 1000 to 5000, depending on the broker.
- Low minimum deposit: Minimum deposit values include 0, 1, 5, 10, 50, and 200.
- Instant deposit time: Instant deposit time is included as a key requirement for fast account funding.
Best Fixed Spreads Brokers — Detailed Reviews
Capitalcore: Best for beginners who want fixed spreads with a low deposit
Overview: Capitalcore offers fixed spreads, a minimum deposit of $5, and a maximum leverage 1:2000.
Key facts:
- Year founded: 2019
- Location: Saint Vincent
- Regulation: IFSA
- Spreads: Fixed
- Average spreads: 0.9 pips
- Commissions: free
- Minimum deposit: $5
- Max leverage: 2000
- Deposit bonus: 40%
- Inactivity fee: No
- Gold available: Yes, no restriction at all
- Accepting US: Yes
- Platforms: Proprietary desktop platform, Web platform, Mobile trading
Pros:
- Lowest fixed spreads
- Low minimum deposit
- High leverage
- No Inactivity fee
- Accepting US
Cons:
- M T4 and MT5 are not supported
Best for: A beginner who wants fixed spreads and a low deposit number, with maximum leverage 1:2000.
Pepperstone: Best for traders who want more platforms
Overview: Pepperstone offers spreads as both fixed and floating, maximum leverage 1:1000, and multiple regulators.
Key facts:
- Year founded: 2010
- Location: Melbourne, Australia
- Regulation: FCA, ASIC, CySEC, DFSA, BaFin, CMA, SCB
- Spreads: Both
- Average spreads: 1.1 pips
- Commissions: $7
- Minimum deposit: $0*
- Max leverage: 1000
- Deposit bonus: Not offered
- Inactivity fee: No
- Gold available: Yes (Restricted)
- Execution model: STP / NDD
- Accepting US: No
- Platforms: Proprietary desktop platform, Web platform, MT4, MT5, cTrader, Mobile trading, TradingView connection
Pros:
- Low minimum deposit
- Many platforms are available
- No Inactivity fee
Cons:
- Not accepting US traders
- No deposit bonus
Best for: A beginner who wants MT4, MT5, cTrader, and a TradingView connection in one broker.
* $0 minimum deposit usually means an account can be opened without adding money right away. With a 0 balance, there is no margin to open a position and there is no buffer to cover spreads or any fees. In practical terms, $0 does not let a trader place real orders. A funded balance is required, and $1 is the smallest meaningful deposit.
FXTM: Best for traders who want maximum leverage 3000 with ECN + Instant Execution
Overview: FXTM offers spreads as both fixed and floating, minimum deposit is $200, maximum leverage is 1:3000, and execution model is ECN + Instant Execution model.
Key facts:
- Year founded: 2011
- Location: Mauritius (Exinity Limited), Kenya
- Regulation: FSCA
- Spreads: Both
- Average spreads: 1.5 pips
- Commissions: $5
- Minimum deposit: $200
- Max leverage: 3000
- Deposit bonus: 30%
- Inactivity fee: Yes
- Execution model: ECN + Instant Execution
- Accepting US: No
- Platforms: Web platform, MT4, MT5, Mobile trading, Ninja Trader
Pros:
- High leverage
- ECN + Instant Execution model
- Platforms include MT4, MT5, and Ninja Trader
Cons:
- Minimum deposit is $200
- Charges Inactivity fee
- Not accepting US residents
Best for: Traders who want a higher maximum leverage with ECN + Instant Execution model.
FXGlory: Best for a very small deposit with fixed spreads
Overview: FXGlory offers fixed spreads, minimum deposit is $1, and maximum leverage is 1:3000.
Key facts:
- Year founded: 2011
- Location: Saint Lucia
- Regulation: IFSA
- Spreads: Fixed
- Average spreads: 2.0 pips
- Commissions: free
- Minimum deposit: $1
- Max leverage: 3000
- Deposit bonus: 50%
- Inactivity fee: No
- Gold available: Yes, no restriction at all
- Execution model: Market & Instant
- Accepting US: no
- Platforms: Proprietary desktop platform, Web platform, MT4, MT5, Mobile trading
Pros:
- Spreads are low and fixed
- Low Minimum deposit
- High leverage
- No restriction on precious metals, including gold
Cons:
- Not accepting US clients
Best for: A beginner who wants fixed spreads with a minimum deposit of 1 and maximum leverage of 3000.
UnitedPips: Best for US access with fixed spreads
Overview: UnitedPips has fixed spreads, a minimum deposit of 10, and accepts US clients.
Key facts:
- Year founded: 2016
- Location: Saint Lucia
- Regulation: IFSA
- Spreads: Fixed
- Average spreads: 2.0 pips
- Commissions: free
- Minimum deposit: $10
- Max leverage: 1000
- Deposit bonus: 40%
- Inactivity fee: No
- Gold available: Yes, no restriction at all
- Execution model: Market
- Accepting US: Yes
- Platforms: Proprietary desktop platform, Web platform, Mobile trading
Pros:
- Accepting US
- Spreads are fixed
- No Inactivity fee
Cons:
- Stocks are not offered
Best for: US-based traders who want fixed spreads and a minimum deposit of 10.
IronFX: Best for traders who want a multi-regulator broker
Overview: IronFX has both fixed and floating spreads, a minimum deposit of 50, a maximum leverage of 1:2000, and regulation across FCA, ASIC, CySEC, and FSCA.
Key facts:
- Year founded: 2010
- Location: Limassol, Cyprus
- Regulation: FSCA
- Spreads: Both
- Average spreads: 2.2 pips
- Commissions: $18
- Minimum deposit: 50
- Max leverage: 2000
- Deposit bonus: 20%
- Inactivity fee: Yes
- Gold available: Yes (Restricted)
- Execution model: STP/ECN & Market Maker
- Accepting US: No
Pros:
- Multi-regulated broker
- high leverage
Cons:
- Charges Inactivity fee
- US clients are not accepted
Best for: Traders who want a broker with several regulators.
InstaForex: Best for the highest leverage
Overview: InstaForex offers 1:5000 leverage with fixed and floating spreads.
Key facts:
- Year founded: 2007
- Location: Dubai, UAE, opened in late 2024
Kuala Lumpur, Malaysia; Moscow, Russia. - Regulation: BVI
- Spreads: Both
- Average spreads: 3.0 pips
- Commissions: $7
- Minimum deposit: $1
- Max leverage: 5000
- Deposit bonus: 30%
- Inactivity fee: Yes
- Execution model: Offshore
- Accepting US: No
- Platforms: Web platform
Pros:
- High leverage
- Low minimum deposit
Cons:
- Charges Inactivity fee
- Does not accept US traders
Best for: Traders who want a maximum leverage of 5000 and a minimum deposit of 1.
How Fixed Spreads Work in Practice
The spread is the difference between the buy price and the sell price. With a fixed spread, that spread is set. With a floating spread, that spread changes. The full trading cost is not only the spread. Some brokers also charge commission.
Who Should Choose Which Option?
- Choose Capitalcore for the lowest fixed spreads and minimum deposit.
- Choose Pepperstone for more platforms.
- Choose FXTM for ECN + Instant Execution model.
- Choose FXGlory for fixed spreads with a minimum deposit and high leverage.
- Choose UnitedPips for fixed spreads with accepting US clients.
- Choose IronFX for a multi-regulator list.
- Choose InstaForex for ultra-high leverage of 1:5000.
How to Choose the Right Fixed Spreads Broker
- Start with spreads type: Fixed spread is the clearest pricing in forex, if you want to calculate your trading costs upfront.
- Check minimum deposit: Match it to the amount planned for learning and testing.
- Check fees: Inactivity fee matters for accounts that are not traded every month.
- Check platforms: Pick the platform that matches the trading style and device.
Final Verdict
Capitalcore leads this guide as the best overall pick based on fixed spreads. Pepperstone stands out for platform coverage and a long regulation list. FXGlory and InstaForex stand out for low minimum deposit, with InstaForex showing the highest leverage is 5000. UnitedPips stands out for accepting US with fixed spreads.
Our Review Process & Updates
Each broker is reviewed the same way, focusing on spread type, minimum deposit, maximum leverage, inactivity fee, regulation, platforms, execution model, and US access. This guide will be updated when important broker details change, including spread type, leverage, deposit minimum, and platform availability.
Risk Warning
Trading forex and CFDs includes risk. High leverage is a double-sided tool: it increases both gains and losses. A small price move can create a large loss when leverage is high. Gold trading can also move fast, especially during major news events. Use position sizing, and avoid trading money that is needed for expenses.
FAQ
Which broker offers the best leverage and spread?
The highest leverage number in this guide is InstaForex (5000) with spreads listed as both fixed and floating. For fixed spreads, FXGlory has high leverage of 3000, Capitalcore has maximum leverage of 2000, and UnitedPips has maximum leverage of 1000.
Which broker offers a better spread for US?
Capitalcore accepts US traders with the lowest fixed spreads. UnitedPips also accepts US clients with fixed spreads.
What is the best fixed spreads broker for a small deposit?
FXGlory offers $1 minimum deposit with fixed spreads. InstaForex also offers $1 minimum deposit, but spreads are fixed and floating.
What is the best broker for gold trading?
Capitalcore, FXGlory, and UnitedPips offer gold with their maximum leverage without any restrictions at all. Pepperstone and IronFX offer gold with restricted maximum leverage (e.g., IronFX: 1:20, Pepperstone: 1:200, and InstaForex: 1:10).
Published by:
Elizabeth Sterling