With two low-cost accounts, a good range of Forex pairs, excellent market analysis materials, and good trading tools, INFINOX is a decent all-around broker. INFINOX onboarded through INFINOX's Mauritius-based entity. INFINOX offers traders the choice of a commission-free STP account or a commission-based ECN account, both with a minimum deposit of 1 GBP (or currency equivalent). Trading costs range between 8 - 9 USD per lot traded, much lower than average for the industry. Trading is available on both the MT4 and MT5 platforms, and INFINOX also offers a great social trading app, especially good for beginners starting their trading careers. We were unhappy with the lack of transparency regarding withdrawal fees, despite the wide range of local funding methods. We were also disappointed by non-responsive customer support and INFINOX’s weak FAQ section.   

Checking a broker’s regulatory status is a simple process for all the major regulators. It only takes a few minutes and could save you a lot of money and heartache. A closer examination of the main regulators in the world is required, we are also going to discuss how to check if a broker is regulated.

For traders who like simple account options, low trading fees, and the MT4 trading platform, Hantec Markets is a good option. But with no other trading platforms, a limited range of CFDs, and no trading tools apart from the Trading Central indicator, some traders may find Hantec lacking. Hantec Markets' Forex account has a reasonable minimum deposit  requirement of [fxs-broker-property identifier="deposit"] [fxs-broker-property identifier="currency"] putting it within the reach of most beginner traders, and spreads that start at [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips (EUR/USD), extremely tight compared to other brokers. No commissions are charged for Forex trading. However, Hantec Markets does not publish its average spreads and is not transparent about how its spreads are derived. Hantec Markets caters to both beginners and more experienced traders with its learning material, including webinars that are held three times a week, but market analysis is sorely lacking and rarely updated.

Spreads are critical in determining a trader’s profits, so they will be among the most important considerations when choosing a broker. In this guide, we clarify the concept of low-spread accounts, assess their advantages and disadvantages, explain how low-spread brokers operate and generate revenue, and provide guidance on selecting an appropriate broker based on your individual trading requirements.  The brokers below were selected for their low trading costs but also because they are well-regulated and have excellent trading platforms and trading tools.