Spread Competition! The June 28 Brokers EURUSD, GBPUSD, XAUUSD Rankings Released!

In the world of forex trading, spreads play a crucial role as they represent the transaction costs borne by investors. BrokersView has meticulously compared the average spreads of the most popular 28 forex brokers in the market across three major currency pairs: EURUSD, GBPUSD, and XAUUSD. This comprehensive analysis aims to assist you in finding the most suitable forex trading platform within just three minutes.

Spread Comparison Methodology:Data from June 1st to June 30th was used to evaluate the average spreads of EURUSD, GBPUSD, and XAUUSD for each of the 28 platforms.

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

(Unit: points)

NO.1: AUS Global, the average spreads of EURUSD, GBPUSD and XAUUSD are 1.7, 7.3 and 5.7 points respectively;

NO.2: EightCap, the average spreads of EURUSD, GBPUSD and XAUUSD are 10.7, 12.7 and 12.2 points respectively;

NO.3: FP Markets, the average spreads of EURUSD, GBPUSD and XAUUSD are 10.8, 12 and 16.4 points respectively.

Summary of EURUSD spreads in June

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

Platforms with relatively stable average spreads include:

IC Markets, Tickmill and AUS Global.

IC Markets' average spread this month is 0.3 pips, with a maximum spread of 120 pips;

Tickmill's average spread this month is 0.5 pips, with a maximum spread of 385 pips;

AUS Global's average spread this month is 1.7 pips, with a maximum spread of 119 pips.

Platforms with the largest spreads include:

Windsor Brokers, Tickmill and FP Markets.

FP Markets' maximum spread this month is 480 pips, with an average spread of 10.8 pips;

Windsor Brokers' maximum spread this month is 300 pips, with an average spread of 12 pips;

Tickmill's maximum spread this month is 385 pips, with an average spread of 0.5 pips.

In this test of the average spread of EURUSD in June, most platforms have experienced a short-term spread expansion.

Summary of GBPUSD Spread in June

The following is a chart of the average spread of GBPUSD currency pairs on 28 platforms↓↓↓

Platforms with relatively stable average spreads include:

IC Markets, Tickmill and VT Markets.

IC Markets' average spread this month is 1.4 points, and the maximum spread is 121 points;

Tickmill's average spread this month is 1.8 points, and the maximum spread is 359 points;

VT Markets' average spread this month is 1.9 points, and the maximum spread is 199 points.

Platforms with the largest spreads include:

Windsor Brokers, EBC Financial Group and Swissquote.

Swissquote's maximum spread this month is 477 points, and the average spread is 23.7 points;

EBC Financial Group's maximum spread this month is 464 points, and the average spread is 18.5 points;

Windsor Brokers' maximum spread this month is 456 points, and the average spread is 15.4 points.

In the current GBPUSD average spread evaluation in June, most platforms have seen short-term spread expansion.

Summary of XAUUSD spreads in June

The following is a chart of the average spread of XAUUSD currency pairs on 28 platforms↓↓↓

Platforms with relatively stable average spreads include:

AUS Global, IC Markets, and VT Markets.

AUS Global's average spread this month is 5.7 points, and the maximum spread is 190 points;

IC Markets' average spread this month is 6.6 points, and the maximum spread is 50 points;

VT Markets' average spread this month is 7.5 points, and the maximum spread is 25 points.

The platforms with the largest spreads include:

Swissquote, FxPro, and Tickmill.

Swissquote's maximum spread this month is 6777 pips, and its average spread is 415.6 pips;

FxPro's maximum spread this month is 497 pips, and its average spread is 36.3 pips;

Tickmill's maximum spread this month is 491 pips, and its average spread is 10.7 pips.

In this XAUUSD 6-month average spread test, most platforms experienced short-term spread expansion, and Swissquote's spread was particularly exaggerated.

This detailed analysis from BrokersView aims to empower traders with essential data to make informed decisions when choosing a forex trading platform that aligns with their trading strategies and goals.For more comprehensive evaluation data, please check the BV evaluation column.