Smallest Spread Broker In July in Singapore 2024

Spread observation comparative evaluation method: The data from July 1 to July 31 were selected to collect and evaluate the average spread of EURUSD, GBPUSD and XAUUSD of 28 brokers respectively.

The following is a comparison chart of spreads of 3 currency pairs provided by 28 brokers

(Unit: points)

NO.1: EightCap, the average spreads of EURUSD, GBPUSD and XAUUSD are 10.6，12.9 and 12.4 points respectively;

NO.2: VT Markets, the average spreads of EURUSD, GBPUSD and XAUUSD are 1.8，1.8 and 7.5 points respectively;

NO.3: Pepperstone, the average spreads of EURUSD, GBPUSD and XAUUSD are 11.1，12.7 and 17.7 points respectively.

July EURUSD spread summary

The following is a chart of average spreads of EURUSD currency pairs on 28 brokers↓↓↓

Platforms with stable average spreads are:

IC Markets, Tickmill, VT Markets

IC Markets' average spread for the month was 0.2, and the maximum spread was 100；

Tickmill' average spread for the month was 0.4, and the maximum spread was 100；

VT Markets' average spread for the month was 1.8, and the maximum spread was 146.

The platforms with the largest spreads are:

WeTrade，Swissquote，FXTM

WeTrade' maximum spread for the month was 19.1, and the average spread was 118；

Swissquote' maximum spread for the month was 18.6, and the average spread was 178；

FXTM' maximum spread for the month was 18.4, and the average spread was 114.

July GBPUSD spread summary

The following is a chart of average spreads of GBPUSD currency pairs on 28 brokers↓↓↓

Platforms with stable average spreads are:

IC Markets, VT Markets, Tickmill

IC Markets' average spread for the month was 1.5, and the maximum spread was 162；

VT Markets' average spread for the month was 1.8, and the maximum spread was 200；

Tickmill' average spread for the month was 2.4, and the maximum spread was 200.

The platforms with the largest spreads are:

FxPro、WeTrade，Swissquote

FxPro' maximum spread for the month was 19.6, and the average spread was 200.

WeTrade' maximum spread for the month was 22.6, and the average spread was 195；

Swissquote' maximum spread for the month was 24.5, and the average spread was 401.

July XAUUSD spread summary

The following is a chart of average spreads of XAUUSD currency pairs on 28 brokers↓↓↓

Platforms with stable average spreads are:

IC Markets, VT Markets, Tickmill

IC Markets' average spread for the month was 6.4, and the maximum spread was 79；

VT Markets' average spread for the month was 7.5, and the maximum spread was 25；

Tickmill' average spread for the month was 9.4, and the maximum spread was 1652.

The platforms with the largest spreads are:

Alpari International、FXTM、Swissquote

Alpari International' maximum spread for the month was 43.2, and the average spread was 420；

FXTM' maximum spread for the month was 43.2, and the average spread was 420；

Swissquote' maximum spread for the month was 442.8, and the average spread was 401.

For more comprehensive evaluation data, please check the BV evaluation column.