Brokersview Singapore April 2026 Spread Review: Who Offers the Lowest Costs?

Transparent and competitive spreads are the lifeblood of any serious trader’s strategy. In April 2026, Brokersview Singapore conducted a comprehensive spread analysis across three major instruments – EURUSD, GBPUSD, and XAUUSD – to help traders identify the most cost‑effective brokers in the region.

1st Place: Decode Global

EURUSD: 10.9 points

GBPUSD: 12.3 points

XAUUSD: 15.7 points

Traders focused on EURUSD and GBPUSD will find Decode’s pricing noticeably better than its closest rival. Best for swing traders and medium‑term position traders who are less sensitive to a few extra points but still want reasonable execution costs.

2nd Place: AUS Global

EURUSD: 2.4 points

GBPUSD: 8.4 points

XAUUSD: 8.7 points

Its EUR/USD average spread of just 2.4 points stood significantly ahead of competitors, while GBP/USD and XAU/USD pricing also remained highly competitive. For short-term traders, scalpers, and gold-focused traders, AUS Global demonstrated a clear cost advantage during the testing period.

3rd Place: Doo Prime

EURUSD: 11.4 points

GBPUSD: 15.7 points

XAUUSD: 15.8 points

Doo Prime placed third in this month’s comparison. While Doo Prime does not offer the tightest figures, its spreads remain consistent and predictable. The difference is most noticeable on GBPUSD (3.4 points more than Decode), which could add up for heavy traders of that pair.

Casual traders or those prioritising platform features, asset variety, or customer support over ultra‑low spreads.

EUR/USD Spread Ranking

1. IC Markets

IC Markets ranked first with an exceptionally low average EURUSD spread of just 1.2 points, maintaining a clear lead over competitors. The broker continues to attract high-frequency traders, scalpers, and algorithmic trading users due to its consistently tight pricing environment.

However, the data also showed a worst spread of 246 points, highlighting that even brokers with ultra-tight averages can experience substantial spread expansion during volatile market conditions or major news events.

2. AUS Global

AUS Global secured second place with a 2.4-point average spread and a comparatively lower worst spread of 150 points. The broker demonstrated a more balanced performance between low trading costs and spread stability.

Compared with some competitors that experienced extreme spread spikes, AUS Global’s data suggests relatively controlled liquidity fluctuations during stressed market periods.

3. ACY Securities

ACY Securities placed third with an 8.2-point average spread. While still competitive within the industry, the gap between ACY Securities and the top two brokers was substantial.

Its worst spread reached 203 points, indicating noticeable volatility during fast-moving market sessions. Traders relying on short-term strategies may need to pay closer attention to execution quality and liquidity conditions during major economic releases.

GBP/USD Spread Ranking

1. IC Markets

Its strong liquidity infrastructure and consistently tight spreads continue to make IC Markets a preferred choice among active forex traders, especially scalpers and high-frequency strategies that rely heavily on low transaction costs.

2. AUS Global

Compared with several peers whose average spreads exceeded 15–20 points, AUS Global demonstrated relatively balanced execution quality and cost efficiency during the April testing cycle.

3.ACY Securities

Although the broker remained among the lowest-cost providers overall, traders focused on spread stability may pay close attention to execution performance during major news releases or market stress events.

XAU/USD Spread Ranking

1. AUS Global

AUS Global recorded the tightest average gold spread among all tested brokers in April. The broker maintained relatively stable pricing during volatile sessions, making it attractive for scalpers and short-term gold traders. Although its worst spread briefly widened, overall consistency remained strong compared to many competitors.

2.IC Markets

IC Markets continued to demonstrate highly competitive pricing, supported by its deep liquidity infrastructure. While its average spread stayed near institutional-grade levels, the broker experienced a larger temporary spread spike during volatile periods. Nevertheless, it remained one of the most cost-efficient choices for active gold traders.

3.Decode Global

Decode Global ranked third in average spread performance. However, the platform showed noticeably larger spread expansion during fast-moving market conditions. This suggests that while everyday trading costs remain competitive, traders should remain cautious during major economic releases or liquidity gaps.

Conclusion

For traders, especially scalpers and high-frequency participants, even small differences in spreads can translate into substantial cost impacts over time. As always, choosing a broker should involve not only spread comparisons but also considerations such as regulation, execution quality, and fund security.

Source: BrokersView Spread Review  (Singapore Market).