Alison Heyerdahl
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Edited by
Alison Heyerdahl
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Author
Chris Cammack
Partner Manager and Financial Writer

Chris manages the relationships with our partners to provide the best Forex trading experience possible for our users. Chris has 15+ years of research, and editorial and design experience for political and financial publications. His background has given him a deep understanding of international financial markets and the geopolitics that affect them.

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Euro/British Pound - EUR/GBP

Discover the latest movements and expert technical analysis on the EUR/GBP currency pair, with an interactive live chart and a comprehensive list of brokers offering the lowest trading costs for this dynamic market.

60-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.

EUR/GBP Background

One of the few major currency pairs that do not feature the USD, the EUR/GBP responds to the economic developments in the Eurozone and the United Kingdom. While both currencies in this pair are heavily affected by the strength of the USD, the movement between the EUR and GBP usually revolves around economic policy set by the European Central Bank and the Bank of England. In recent years, the price movement of this currency pair has been heavily influenced by the UK’s decision to leave the EU in 2016 and the COVID-19 pandemic and subsequent vaccination efforts.

The best time to trade the EUR/GBP is during the European and British trading day, when price movement is most active. Like other major pairs, spreads are generally tight, averaging about 1.5 pips though sometimes much lower at times of high volatility. 

The table below shows the Forex brokers with the lowest trading costs for EUR/GBP, including the spread and commission. It also details the industry average spread and industry average trading cost for 1 lot of EUR/GBP.

Best EUR/GBP Forex Brokers

You can either use the arrow button or swipe on mobile

Official Site
Min. Spread
Commission
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
Ind. Avg. Spread
Ind. Avg. Trading Cost
International Regulators
Trading Desk
Hedging
Scalping
Compare
4.69
/ 5
2.51 pips
USD 0
USD 25.10
1.50 pips
USD 20.39
30:1
FCA Regulated BrokersASIC Regulated Forex BrokersDubai Financial Services AuthorityFinancial Services Agency
Commodity Futures Trading AssociationFinancial Markets Authority of New ZealandBundesanstalt für FinanzdienstleistungsaufsichtBermuda Monetary Authority
Market Maker
Yes
Yes
4.68
/ 5
2.60 pips
USD 0
USD 26
1.50 pips
USD 20.39
30:1
FCA Regulated BrokersCySEC Regulated BrokersASIC Regulated Forex BrokersFSCA Regulated Forex Brokers
British Virgin Islands Financial Services Commission
Market Maker
Yes
Yes
4.62
/ 5
1.27 pips
USD 0
USD 12.70
1.50 pips
USD 20.39
200:1
ASIC Regulated Forex BrokersCayman Islands Monetary AuthorityFCA Regulated BrokersMonetary Authority of Singapore
Market Maker
Yes
Yes
4.61
/ 5
1.00 pips
USD 0
USD 10
1.50 pips
USD 20.39
30:1
FCA Regulated BrokersASIC Regulated Forex BrokersCySEC Regulated BrokersDubai Financial Services Authority
Bundesanstalt für FinanzdienstleistungsaufsichtSecurities Commission of the BahamasCapital Markets Authority
NDD
Yes
Yes
4.60
/ 5
1.50 pips
USD 0
USD 15
1.50 pips
USD 20.39
30:1
ASIC Regulated Forex BrokersCySEC Regulated BrokersFSCA Regulated Forex BrokersThe Seychelles Financial Services Authority
Financial Services CommissionCapital Markets Authority
ECN/DMA
Yes
Yes
4.59
/ 5
1.50 pips
USD 0
USD 15
1.50 pips
USD 20.39
30:1
ASIC Regulated Forex BrokersFSCA Regulated Forex BrokersCySEC Regulated BrokersFinancial Services Agency
Central Bank of IrelandFinancial Regulatory Services AuthorityIsrael Securities Authority
Market Maker
Yes
Yes
4.58
/ 5
0.40 pips
USD 4
USD 8
1.50 pips
USD 20.39
30:1
CySEC Regulated BrokersFCA Regulated BrokersFSCA Regulated Forex BrokersThe Seychelles Financial Services Authority
Dubai Financial Services Authority
STP
Yes
Yes
4.53
/ 5
0.43 pips
USD 7
USD 11.30
1.50 pips
USD 20.39
500:1
ASIC Regulated Forex BrokersSecurities Commission of the BahamasFCA Regulated BrokersCySEC Regulated Brokers
Market Maker NDD
Yes
Yes
4.49
/ 5
0 pips
USD 0
USD 0
0 pips
USD 0
30:1
CySEC Regulated BrokersFCA Regulated BrokersInternational Financial Services CommissionKomisja Nadzoru Finansowego
Market Maker NDD
Yes
Yes
4.46
/ 5
1.27 pips
USD 0
USD 12.70
1.50 pips
USD 20.39
30:1
CySEC Regulated BrokersThe Seychelles Financial Services AuthoritySecurities Commission of the BahamasCapital Markets Authority
ECN/DMA
Yes
Yes
IG
4.7
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
2.51 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 25
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulatorregulatorregulatorregulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
markets.com
4.7
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
2.6 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 26
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
FOREX.com
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
1.27 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 12
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
200:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Pepperstone
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
1 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Trading Desk
NDD
Hedging
Yes
Scalping
Yes
FP Markets
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
1.5 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 15
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulator
Trading Desk
ECN/DMA
Hedging
Yes
Scalping
Yes
AvaTrade
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
1.5 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 15
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulatorregulatorregulator
Trading Desk
Market Maker
Hedging
Yes
Scalping
Yes
Tickmill
4.6
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
0.4 pips
Commission
4.00
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 8
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
regulator
Trading Desk
STP
Hedging
Yes
Scalping
Yes
Eightcap
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
0.43 pips
Commission
7.00
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 11
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
500:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
Market Maker NDD
Hedging
Yes
Scalping
Yes
XTB
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
0 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 0
Ind. Avg. Spread
0 pips
Ind. Avg. Trading Cost
USD 0
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
Market Maker NDD
Hedging
Yes
Scalping
Yes
IC Markets
4.5
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Min. Spread
1.27 pips
Commission
0
Cost of Trading (USD)
Total trading cost at the time of last update, trading 1 lot of of the currency pair using the account with the lowest minimum deposit. Includes spread and commission.
USD 12
Ind. Avg. Spread
1.5 pips
Ind. Avg. Trading Cost
USD 20
Max. Leverage (Forex)
30:1
International Regulators
regulatorregulatorregulatorregulator
Trading Desk
ECN/DMA
Hedging
Yes
Scalping
Yes

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