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Read straight from each broker's own site on 26/09/2026

Trading conditions, broker by broker

Minimum deposit, leverage, spreads, and whether the broker allows scalping and EAs. Where a broker publishes nothing, I write that it publishes nothing rather than filling the cell in.

Getting in, and leverage

The minimum deposit is for the ordinary account. Low-commission accounts usually ask for more, and I note it alongside.

BrokerMinimum depositMaximum leverageCommission per lot
Vantage50 USDnot publishedRAW ECN 3.00 per side · 6.00 round turn
Exnessnot published1:unlimitedZero 0.20 per side · Raw Spread 3.50 per side
GTCStandard: 50 USD on first deposit · ECN: 3,000 USDStandard 1:2000 · ECN 1:500not published
VT Markets100 USD · Cent 50 USD1:1000Raw ECN 3.00 per side · 6.00 round turn
PU Prime50 USD · Cent 20 USD1:1000not published
Ultima50 USD1:2000not published
XM5 USD1:1000None charged — Ultra Low has no commission
HFM0 USD · Pro 100 USD1:2000Zero from 3.00 a lot
IC Markets0 USD1:500 · cTrader 1:1000Raw Spread 3.50 per side · cTrader 3.00 per 100,000

The commission column is what YOU PAY the broker, not what comes back to you — they run in opposite directions, so do not read one as the other. Tight-spread accounts charge commission; wide-spread accounts usually do not. Most brokers charge per side, meaning once on the way in and once on the way out, so double the figure shown here. GTC, PU Prime and Ultima Markets are left blank because their own pages disagree with each other or carry no figure at all — message me and I will ask the broker directly. On Vantage leverage: their global leverage page is broken and the page for changing it requires a login, so I left it empty rather than copy the 2000:1 from their South African site, which does not apply to an ordinary account. Exness states "unlimited" but with conditions on capital and order count — ask me before trusting that figure. IC Markets and HFM both state that leverage may be adjusted at any time.

Spreads

The first two columns are not comparable with each other. The middle one is the real figure for EURUSD; the right-hand one is the lowest the broker advertises across all products — usually on whichever pair is easiest, not the one you trade.

BrokerEURUSD as publishedLowest advertised
VantageSTP 1.4 · RAW 0.0—
Exnessnot publishedStandard 0.2 · Pro 0.1 · Zero and Raw 0.0
GTCnot publishedStandard 1.0 · ECN 0.0
VT Marketsnot publishedSTP 1.2 · RAW 0.0
PU Primenot publishedStandard 1.3 · Prime and ECN 0.0
Ultimanot publishedStandard 1.0 · ECN 0.0
XMStandard 1.6 · Ultra Low 0.8—
HFMnot publishedPro 0.6 · Zero 0 on FX pairs · Cent 1.4
IC Marketsaveraging 0.1 on Raw SpreadStandard 0.8 · Raw 0.0

Gold spreads: only XM publishes them — Standard 4.0 and Ultra Low 2.4. The rest publish no gold spread at all, even though gold is what Vietnamese traders trade most. To know a broker's real gold spread you have to open an MT4 or MT5 terminal while the market is running and look — message me and I will take a screenshot, I hold an account at every one of them.

Scalping and EAs

This is the thing I am asked about most, and the thing brokers are vaguest about.

BrokerScalpingEAsBasis
IC MarketsallowedallowedTheir page states "any trading style", with no restriction on order distance
GTCallowedallowedStandard says "no trading restrictions"; ECN names scalpers and EAs outright
ExnessallowedallowedThe Pro account page says it serves scalpers and algorithmic traders
PU Primenot publishedallowedThe account table lists EA compatibility on all four types
Vantagenot publishedallowedEAs appear in the account feature list
VT Marketsnot publishednot publishedThe account page does not mention it
Ultimanot publishednot publishedThe account page does not mention it
XMnot publishednot publishedNo public trading-conditions page
HFMnot publishednot publishedThe account page does not mention it

"Not published" does not mean forbidden. It means the broker does not write it on a public page, and the real terms sit in the Client Agreement — a long PDF, usually carrying clauses against arbitrage trading and latency trading. No broker raises that on a public page. If you run a hedging EA or trade the news, do not trust this table — message me and I will ask a broker representative outright and get the answer in writing.

How this table was made

Read from the broker's own site

Not from review sites, not from memory, not by asking a salesperson. The broker's own account and pricing pages, on 26/09/2026.

If it is not there, it says so

Wherever a broker says nothing, the table reads "not published". That is useful information in itself: what a broker hides tells you something.

These figures will age

Brokers change their terms often, leverage and commission most of all. If a broker says something different from this table, believe the broker — and tell me so I can fix it.

Pick a broker for how you trade, not for the biggest rebate

A rebate only means something if the trading conditions suit you. Tell me what you trade, roughly how much, and whether you use an EA or trade by hand — I will tell you which broker fits, even when it pays less.

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