BrokerView June Broker Spread Review: AUS Global and IC Markets Lead, While Gold Trading Costs Vary Widely

BrokerView has released its June spread assessment, comparing average trading spreads across three major instruments: EUR/USD, GBP/USD, and XAU/USD (gold). The ranking highlights significant differences in trading costs among 16 brokers, with AUS Global and IC Markets offering the most competitive spreads overall, while several brokers recorded notably higher costs, especially for gold trading.

According to BrokerView’s data, AUS Global ranked first overall in June, delivering the lowest average spread on EUR/USD and a highly competitive gold spread. The broker recorded:

EUR/USD average spread: 2 points

GBP/USD average spread: 9.7 points

XAU/USD average spread: 7.1 points

AUS Global’s EUR/USD spread was the lowest among all brokers surveyed, while its XAU/USD spread was also significantly below most competitors, making it attractive for traders focused on major forex pairs and gold.

IC Markets ranked second, continuing its reputation for low-cost trading. The broker reported:

EUR/USD: 0.9 points

GBP/USD: 2.9 points

XAU/USD: 8.9 points

IC Markets delivered the tightest EUR/USD and GBP/USD spreads in the assessment, although its gold spread was slightly higher than AUS Global.

EUR/USD Spread Ranking

Among the brokers tested, IC Markets ranked first with the tightest average EUR/USD spread, followed by AUS Global and ACY Securities.

IC Markets delivered the most competitive pricing in the review, with an average EUR/USD spread of just 0.9 points, significantly lower than other brokers on the list. However, its worst recorded spread reached 250 points, indicating that spreads may widen sharply during periods of low liquidity or market volatility.

AUS Global ranked second, recording an average EUR/USD spread of 2 points. While slightly higher than IC Markets, it maintained relatively tight pricing overall, with a maximum spread of 150 points during extreme conditions.

ACY Securities placed third with an average EUR/USD spread of 7.8 points. Although its spread was wider than the top two brokers, it remained more competitive than most brokers evaluated, with a worst spread of 118 points.

GBP/USD Spread Ranking

According to BrokerView’s June spread evaluation, IC Markets ranked first among tested brokers for GBP/USD trading, offering the most competitive average spread at just 2.9 points, significantly lower than other brokers on the list. AUS Global and ACY Securities followed in second and third place, with average spreads of 9.7 points and 10.2 points respectively.

IC Markets delivered a clear advantage in cost efficiency, with its average GBP/USD spread less than one-third of most competitors. However, the broker recorded a worst spread of 161 points during the testing period, showing that spreads can widen significantly under certain market conditions.

AUS Global secured second place with an average spread of 9.7 points. While its pricing remained competitive, the broker’s worst spread reached 202 points, indicating higher volatility during periods of market stress.

ACY Securities ranked third, posting an average GBP/USD spread of 10.2 points. Its worst spread was 118 points, lower than AUS Global and relatively stable among the top three brokers.

XAUUSD Spread Ranking

Among the 16 brokers monitored, AUS Global delivered the most competitive pricing with an average XAUUSD spread of just 7.1 points, followed by IC Markets at 8.9 points and Decode Global at 14.9 points.

AUS Global ranked first thanks to its consistently tight gold spreads, offering traders lower transaction costs during normal market conditions. Although its worst recorded spread reached 190 points during periods of volatility, the broker maintained the lowest average spread overall.

IC Markets secured second place with an average spread of 8.9 points. The broker remained highly competitive throughout the month and is one of only two firms to keep its average XAUUSD spread below 10 points. Its worst spread of 196 points was similar to AUS Global, indicating strong pricing stability under changing market conditions.

Decode Global took third place with an average spread of 14.9 points, significantly ahead of most competitors. However, traders should note that its worst spread widened to 785 points, the highest among the top three brokers, suggesting larger spread fluctuations during periods of extreme market volatility.

Conclusion

BrokerView’s June spread review highlights the importance of comparing trading costs across different instruments. AUS Global and IC Markets demonstrated strong overall performance, particularly for traders seeking lower costs in forex and gold markets.

However, spreads alone should not be the only factor when selecting a broker. Traders should also consider regulatory oversight, execution quality, withdrawal reliability, platform stability, and customer service.

The review represents spread conditions recorded during a specific period, and actual trading costs may vary depending on account type, liquidity conditions, trading sessions, and market volatility. A comprehensive evaluation of a broker’s overall service quality remains essential before making trading decisions.

Source: BrokersView Spread Review  (Singapore Market).