BrokersView April 2025 Spread Review: Who Offers the Most Competitive Rates?

When choosing a forex broker, the spread—the difference between the bid and ask price—is one of the most important factors traders evaluate. Lower spreads typically mean lower trading costs and improved profitability, especially for active traders. This April 2025 review compares average and worst-case spreads across three key instruments—EUR/USD, GBP/USD, and XAU/USD—among some of the most well-known brokers.

Top 3 Brokers by Spread Competitiveness

1. AUS Global

EUR/USD: 2.6 points

GBP/USD: 8.7 points

XAU/USD: 6.9 points

Best overall performer, particularly strong in XAU/USD with the lowest average spread—ideal for gold scalpers and intraday traders. AUS Global balances low averages and moderate worst-case spreads well.

2. Decode Global

EUR/USD: 11.2 points

GBP/USD: 12.7 points

XAU/USD: 18.3 points

Offers relatively tight worst-case spreads, especially in EUR/USD and GBP/USD. However, higher average spreads may indicate frequent short-term volatility or widening during active trading hours.

3. Doo Prime

EUR/USD: 11.3 points

GBP/USD: 17.0 points

XAU/USD: 20.1 points

Most notable for gold traders: While average spreads are higher, Doo Prime posts the lowest max spread on XAU/USD at just 28 points, making it attractive for event-driven traders or during high-impact news releases.

EUR/USD Spread Analysis:

Key Takeaways:

IC Markets leads with the lowest average spread—an excellent choice for high-frequency and institutional traders.

AUS Global follows with strong performance and more stable pricing.

Swissquote show high average and worst-case spreads, reducing cost-efficiency.

Decode Global offers surprisingly low worst-case spread (60 pts), indicating good control during peak periods.

GBP/USD Spread Analysis:

Key Takeaways:

IC Markets again offers the lowest average spread.

AUS Global maintains competitive averages with manageable worst-case volatility.

Doo Prime surprises with the tightest max spread (70 pts), despite a higher average.

Swissquote posts the worst max spread (755 pts)—raising red flags for volatility-sensitive traders.

XAU/USD Spread Analysis:

Key Takeaways:

AUS Global offers the lowest average—ideal for day traders and scalpers in the gold market.

IC Markets provides a well-rounded offering with tight average and controlled worst-case spread.

Conclusion: 

Whether you're a currency day trader or a gold scalper, IC Markets and AUS Global consistently stand out in cost-efficiency and spread stability. Traders seeking protection against extreme slippage may also consider Doo Prime, especially for short-term gold plays.

Reminder: Always evaluate both average and worst-case spreads. A broker offering low averages but high volatility may not suit all strategies.

Data Source: Brokersview Spread Ranking