Is CySEC raw spread broker truly worth the money? If so, which one has the best trading conditions for you?

Raw spread has been a traders' favorite for quite a long time due to its benefits. Technically, a raw spread account offers a very low or zero spread. This means traders can reduce their trading costs since there is no difference between the market price and what the broker offers. Some brokers might call their raw spread a different name such as Razor Spread or ECN.

That being said, a raw spread account normally comes with commission fees. The commission is different according to the broker's policy. That is why it's best for traders to look for a raw spread broker with low commission fees. Apart from commission fees, regulations are just as important when it comes to choose the best raw spread brokers. One of the most known regulators to consider is CySEC.

 

Is CySEC Broker Safe?

Before digging deeper into raw spread CySEC brokerages, let's address the elephant in the room. Is CySEC safe? There are many debates about this topic, but what is the truth?

raw spread cysec broker

Let's start from the basics. CySEC is a Cyprus securities commission. This institution operates under the European jurisdiction that allows them to associates with MiFID and MiFIR, European regulations pertaining to financial instruments.

CySEC provides two exams for brokers which are the Basic Exam and the Advanced Exam. Both are intended to assess the participant's understanding of the investment environment in Cyprus and anti-money laundering regulations. Brokers that are subjected to CySEC regulations are allowed to accept customers from countries outside of Europe, thus allowing them to expand anywhere they aim to be. All brokers must contribute to CySEC's Investor Protection Fund and maintain operational capital of at least €750,000 to cover individual losses.

 

IC Markets

IC Markets is a well-known raw spread who holds CySEC license as one of their proofs of credibility. Their raw spread starts from 0.0 pips and claims to stay tight despite high volatility. Their raw spread is not only applied in MetaTrader but also cTrader as well. That means traders can still enjoy the 0.0 pip spreads no matter what trading platforms they choose. The raw spread is available in all of IC Markets trading instruments which includes Forex, Crypto, Indices, and many more. The commission fee for the MetaTrader raw spread account is $3.5 per side, while the cTrader charges $3 per side.

In order to make the client's raw spread trading experience much better, IC Markets equipped themselves with great execution speeds. The broker claims that its average execution speed is under 40ms. This has been made possible due to low latency fiber optic and Equinix NY4 server. Traders can also get free VPS which allows them to run automated trading strategies 24 hours a day and 7 days a week.

IC Markets Specifications

🌐 Website
www.icmarkets.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$200
Year Established
2007

Interest rate on funds
Free education
PAMM accounts
MAM accounts
Segregated accounts
Managed accounts
Islamic accounts available
FasaPay
Neteller
PayPal
Skrill
Wire transfer

IC Markets is an online forex broker operating under the company of International Capital Markets Pty Ltd. Traders under the Australian jurisdiction are provided with the trading service of IC Markets AU that is headquartered in Australia and licensed by the Australian Securities and Investments Commission (ASIC).

On the other hand, non-Australian traders who open an account in this broker are registered under IC Markets SEY that is based in Seychelles, and regulated under the Seychelles Financial Services Authority (SFSA). The dual operation is a result of the relatively new rules from ASIC that prohibit their regulated broker to offer trading services outside Australia.

Classified as an ECN broker, IC Markets provide clients with MetaTrader 4, MetaTrader 5, cTrader as platform trading options. This broker also follows market trends to include Cryptocurrencies as one of its products, enriching its already wide selection of trading assets that include Currencies, Indices, Metals, Energies, Softs, Stocks, as well as Bonds.

The minimum deposit in IC Markets is in the middle range compared to other ASIC-regulated brokers, as it reaches $200 for every client. Market analysis materials are also prepared regularly for trading insights on IC Markets's official website, proving their competence to serve their traders with important contents created by market experts that work specifically for them.

For payment methods, IC Markets allows funding and withdrawal via wire transfer, credit card, PayPal, Skrill, Neteller, FasaPay, UnionPay, as well as Bitcoin via BitPay. The more interesting aspect from this broker is its multi-base currencies that include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.

As the trading technology in IC Markets is highly equipped with co-located servers and extremely low latency (especially on cTrader), the broker is widely known for its capability in hosting traders with the special needs for high-frequency trading as well as scalping.

To sum up, IC Markets is a fitting destination for active traders looking for a well-regulated broker. IC Markets is also flexible in terms of base currency and payment methods, signaling their commitment to welcome traders beyond their home country. As of late 2019, IC Markets provided their website in 18 international languages including English, Korean, Indonesian, French, Spanish, Italian, Malay, German, and Chinese.

 

Admirals

Another raw spread CySEC brokerage to consider is Admiral Markets or Admirals. In general, this broker offers two trading platforms, MT4 and MT5. Both trading platforms support raw spreads. The commission fees for Forex and Metal start from $1.8 to $2 per 1.0 lot. While the commissions for Cash Indices and Energies are $0.05 and $1 per 1.0 lot respectively. Hedging is allowed, but unfortunately, there is no Islamic account available for this account type. This might be a deal breaker for some traders.

Admirals Specifications

🌐 Website
admiralmarkets.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$1
Year Established
2001

Bonus offers
Trading contests
Free education
Trading by telephone
PAMM accounts
MAM accounts
Segregated accounts
Affiliate program
Islamic accounts available
Neteller
PayPal
Skrill
Wire transfer

 

BDSwiss

For those who are looking for a raw spread CySEC broker, BDSwiss can be a good option too. Their raw spread starts from 0.3 pips on the EUR/USD pair. This might seems higher compared to other brokerages in this list, but it is still considerably tightespecially considering their relatively low commission fees of $5 per round lot on all Forex pairs. The BDSwiss raw account is available across various trading platforms, which include WebTrader, Mobile App, MetaTrader 4, and MetaTrader 5.

BDSwiss Specifications

🌐 Website
www.bdswiss.com
Leverage
1:400
💼 Regulation
💲 Min Deposit
$100
Year Established
2012

Bonus offers
Trading contests
Free education
Personal manager
PAMM accounts
LAMM accounts
MAM accounts
Segregated accounts
Managed accounts
Affiliate program
Islamic accounts available
US traders are welcome
Neteller
Skrill
Wire transfer

 

Blueberry Markets

Blueberry Markets offers two trading account type, one of which is the Blueberry Direct Account that comes with a built-in raw spread starting from 0.0 pips. This account chargea a commission fee of $7 per round turn. It's available in all Blueberry Markets' trading platforms (MT4, MT5, and WebTrader). With only $100 minimum deposits, traders can enjoy all the benefits of a raw spread account, including a maximum leverage of 1:500.

Blueberry Markets Specifications

Leverage
1:500
💼 Regulation
💲 Min Deposit
$100
Year Established
2016

PAMM accounts
MAM accounts
Segregated accounts
Islamic accounts available
FasaPay
PayPal
Skrill
Wire transfer

 

Go Markets

Go Markets allows traders to enjoy raw spread as low as 0.0 pips through their GO Plus+ trading account. There are also different benefits that come with this account. To start with, Go Plus+ has pretty low commission fees of $3 per side on the standard lot. Next, traders can take advantage of the $200 minimum deposit. Leverage is very flexible with a maximum amount of 1:500. What's unique is that this account comes with a dedicated account manager to make sure traders have the best experience.

GOMarkets Specifications

🌐 Website
www.gomarkets.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$200
Year Established
2008

Free education
Segregated accounts
Affiliate program
FasaPay
Neteller
PayPal
Skrill
Wire transfer

Go Markets is a broker established in Australia in 2006. Go Markets has also been licensed by the Australia Securities and Investment Commission (ASIC), identified by its AFSL 254963. Go Markets has some partnerships with various specialists in global securities and derivatives, thus it can provide better service to their customers by bringing this expertise on board. Go Markets is well known for having some branches in the UK, Taiwan, and Hongkong.

Go Markets commits to give the best to their clients, by refining their technology and improving their service and clients' education. Furthermore, Go Markets is also willing to continuously provide the best trading experience to the clients through reliable customer service, transparent pricing, low-latency trade execution, and platform stability.

When it comes to trading, the right platform is needed to carry out your trades perfectly. GO Markets offers both the powerful MetaTrader 4 and MetaTrader 5 as desktop and mobile trading platforms for traders. Since Go Markets has been acknowledged as the first MT4 broker in Australia, they do some improvement by adding MT5 and a web-based trading platform to fulfill their clients' needs for suitable platforms.

MT4 for mobile allows new and seasoned traders to trade anywhere and any time, analyze markets and easily access all Expert Advisors. The main difference between MetaTrader 4 and MetaTrader 5 and their associated mobile trading platforms is that MT4 is predominantly a Forex trading platform, while MT5 is a multi-asset CFD trading platform. Moreover, the internationally trusted Go Markets Metatrader 4 Platform has these advantages among many others:

  • No dealing desk involvement
  • Spreads from 0.5 pips
  • Leverage up to 500:1
  • No hedge restrictions

By opening an account in GO Markets, traders will be provided with some of the most advanced and powerful trading tools in a range of markets when it comes to online CFDs Trading. For traders who just start, honing skills in GO Markets' demo account can familiarize themselves with the broker's trading platforms and tools.

While for those who want to start real trading, GO Markets allow for flexible trading on a range of Forex and CFDs including Shares, Commodities, Indices, and Cryptocurrencies through MetaTrader 4 and MetaTrader 5 platforms.

Go Markets is very pleased to announce that they will be soon using Currenex technology, a born of Currenex interbank liquidity, to provide more liquidity to their clients.

GO Markets ease their clients' money transfer through Client Portal. They can open accounts and deposit funds in 9 currencies (USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD, AUD). Whereas, deposit and withdrawal can be done either by bank transfer or e-payment (FasaPay, Neteller, and Skrill). Clients do not need to worry about deposit and withdrawal fees, because GO Markets does not charge any internal deposit fees using Visa/Mastercard, Skrill, Neteller, and Bank Transfer.

Last but not least, Go Markets also guarantees the clients' funds by protecting their privacy and financial information with maximum care. Go Markets employs leading security systems and has strict procedures in place to protect clients' information.

If you want to start trading in Go Markets with a little cash and low risk, Go Markets offers special accounts where clients can start trading with a few dollars and the ability to trade from one cent per pip only. There is a $500 deposit limit in these accounts and Expert Advisors use is allowed.

 

Pepperstone

Pepperstone Razor spread account is well known among many traders. This account comes with a raw spread of 0.0 pips on all currency pairs. It is also available for other instruments as well, including Indices, Commodities, Cryptocurrencies, and Shares. This CySEC broker charges commission fees from $0.08 round turn per 0.01 lots on MetaTrader (MT5 and MT4). Meanwhile, the cTrader razor spread commission fees are $6 round trip. The raw spread is also available on Tradingview with a commission fee of $6 per round trip.

Pepperstone Specifications

🌐 Website
pepperstone.com
Leverage
1:500
💼 Regulation
💲 Min Deposit
$200
Year Established
2010

Free education
Trading by telephone
PAMM accounts
MAM accounts
Segregated accounts
Affiliate program
Islamic accounts available
PayPal
Wire transfer

Pepperstone was founded in 2010 by a team of experienced traders with a shared commitment to improve the world of online trading. Based in Melbourne, Australia, they grew to become one of the largest forex brokers in the world. If traders want to find a broker that provides low spreads, fast execution, and award-winning support, then the answer is Pepperstone.

Pepperstone has a strong legality guarantee because it has been licensed by the Australian regulator ASIC and FCA. Traders' funds can be deposited in segregated accounts at top Australian banks, one of which is the National Australia Bank (NAB). Therefore, the safety of funds is not a concern if a trader chooses to open an account in Pepperstone .

They succeeded in collaborating with 23 top banks to bring Bid to investors instantly via optical fiber. This allows all orders to be executed 100 percent automatically with low latency up to 0.05 milliseconds, without dealing desk intervention and requotes, as well as with super low trading costs.

Trusted by over 73,000 traders around the world, Pepperstone processes an average of USD12.55 billion of trading volumes every day. Because of that, they have many awards such as:

  • The Best Global Forex ECN Broker 2019 and Best Forex Trading Support-Europe
  • Best Australian Broker and Best Trading Platform 2018 by Compareforexbrokers.com
  • Best Forex ECN Broker, Best Forex Trading Support, and Best Forex Trading Conditions by UK Forex Awards 2018

With the many rewards gained, Pepperstone hopes to attract more and more traders from all over the world. The rising performance of Pepperstone is not only due to the super-tight spreads and fast execution that it provides, but also because many traders are interested in trading with deposits in currencies other than US Dollars.

For this reason, Pepperstone is one of the most market-responsive brokers because it is willing to accept deposits in 10 currencies, which include AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, SGD, and HKD.

Trading in Pepperstone would allow traders to choose between 11 trading platforms: MT4 for desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad/Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo, and cTrader Mobile. The choice of trading platforms may seem confusing to novice traders, but actually, it is very useful because it has fast execution.

When trading forex, traders can enjoy raw spreads from 0.0 pips on Razor accounts, over 61 currency pairs, and commission-free account funding on a wide range of deposit options. In addition to currency pairs, Pepperstone provides many types of trading instruments, including CFDs for indices and shares, commodities, and cryptocurrencies.

Instruments in commodity trading are pretty much diversified. Not only metal, gold, and silver, but traders can also trade with soft commodities such as cotton, sugar, coffee, cocoa, and orange juice. Pepperstone also provides trading on energy (oil and gas).

There are two types of accounts provided by Pepperstone, namely Razor accounts, and Standard accounts. If you area beginner, it is recommended to choose a Standard account with an average EUR/USD spread of 1.0-1.3 pips and free commission.

Those with particular trading styles such as scalpers and algorithmic traders may enjoy the lower cost setup traditionally seen in a Razor account, with a commission from AUD7 round turn of 100k traded. The initial deposit starts at USD200 with a minimum lot of 0.01 (micro) and 1:500 leverage.

As a Pepperstone client, a trader can fund and withdraw with alternative methods including Visa, Mastercard, POLi internet banking, bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay.

If you are new to trading or looking to practice your trading strategies in a risk-free environment, you can create Demo Account in Pepperstone. But if you are an experienced trader or prefer to learn by doing, Pepperstone provides a Live Account that allows you to trade with live executions and pricing.

Traders can also follow and copy strategies from popular traders using third-party services while learning how to improve their trading abilities. Pepperstone has partnered with a range of social trading platforms that traders can choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader signals, and Duplitrade.

 

CySEC Brokers, Yes or No?

The debate about which regulator is best might not reach an end any time soon. Each trader has their own reasons to believe which regulator can be trusted. CySEC is a popular regulator among many traders across the globe and it's not hard to see why. All CySEC-regulated businesses are required to protect their client's safety, and the rules and activities are always aligned with the regulatory standards set by the European financial regulatory framework.

By now, CySEC has regulated many brokers all around the world. All financial service providers under CySEC are allowed to provide a raw spread for their clients, making it easier to find brokers with the best pricing under the commission. For a better understanding, check out this comparison below as a quick guide:

Compare IC Markets BDSwiss Pepperstone
General Rating 4.23/5
3.67/5
4.43/5
Trustpilot 4.9/5

rated by 24082 users
3.3/5

rated by 138 users
4.7/5

rated by 1748 users
💼 Regulation
⌛ Established 2007 2012 2010
💲 Min Deposit $200 $100 $200
⚖ Max Leverage 1:500 1:400 1:30
🔢 Spread Variable Variable Variable
💸 Commissions $3.50 $7
💡 Min Position 0.01 lot 0.01 lot 0.01 lot
💳 Payment Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer Credit/debit cards, giropay, iDEAL, Neteller, paysafecard, Skrill, SOFORT and Wire transfer Credit/debit cards, PayPal, UnionPay and Wire transfer
🏢 Office(s) AustraliaCyprusBahamasChinaEuropean areaHong KongIndiaIndonesiaRussian FederationSpainThailandTurkeyUnited Arab EmiratesUnited Kingdom GermanyUnited StatesCyprusSeychellesMauritius AustraliaGermanyKenyaCyprusUnited Arab EmiratesUnited KingdomBahamas
🧩 Forex Demo Account
📁 Segregated Account
🕋 Islamic Account
👨‍💻 PAMM Account
📈 Managed Account
💱 Hedging
🇺🇸 US traders are welcome
🕛 Swaps
🏆 Trading contests
⚡ Automated trading
💹 Interest rate on funds
💰 Bonus offers
📖 Free education
📱 Mobile trading
💻 Browser-based platform
1️⃣ One-click trading
⏱ Trailing stop
⏳ Pending orders
ForexForex
cfdCFD
IndexesIndexes
Spread BettingSpread Betting
Gold & SilverGold & Silver
CryptocurrenciesCryptocurrencies
stocksStocks
oilOil
MetalsMetals
EnergiesEnergies
FuturesFutures
etfETF
OptionsOptions
AgricultureAgriculture
BondsBonds
Binary OptionsBinary Options
IndicesIndices
CommoditiesCommodities
SharesShares
Physical StockPhysical Stock
Stock CFDStock CFD
🗣 Website Languages Arabic, Chinese, English, German, Indonesian, Japanese, Korean, Malay, Portuguese, Russian, Spanish Arabic, Czech, Danish, English, German, Hindi, Italian, Korean, Norwegian, Polish, Romanian, Russian, Spanish, Thai, Vietnamese Chinese, English, Russian
🚪 Open Account Open IC Markets Open BDSwiss Open Pepperstone


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