Which Broker Offers Better Spreads? BrokersView January 2026 Singapore Broker Spread Analysis

In January 2026, BrokersView conducted a comparative spread analysis focusing on three actively traded instruments — EURUSD, GBPUSD, and XAUUSD — to assess brokers’ overall trading cost competitiveness. Based on average spreads across these major markets, AUS Global, Decode Global, and Eightcap emerged as the top three performers, each showing distinct strengths and positioning.

1. AUS Global

AUS Global ranked first by a significant margin, delivering the tightest spreads across all three instruments. Its average spread on EURUSD stood at just 2.6 points, far below industry averages, while GBPUSD averaged 8.9 points and XAUUSD 8.2 points.

This consistently low-cost structure suggests strong liquidity access and efficient execution, making AUS Global particularly attractive for scalpers, high-frequency traders, and cost-sensitive strategies.

2. Decode Global

Decode Global secured second place with moderate but stable spreads: 12.1 points on EURUSD, 14.4 on GBPUSD, and 14 on XAUUSD. While its pricing is notably wider than AUS Global’s, Decode Global maintains relatively even spreads across FX majors and gold, indicating controlled execution conditions rather than aggressive pricing.

This profile may suit traders who prioritize execution consistency and platform reliability over ultra-tight spreads.

3. Eightcap

Eightcap placed third overall, with EURUSD averaging 11.9 points and GBPUSD 14.6 points, broadly in line with Decode Global. However, its XAUUSD spread widened to 16.6 points, weakening its overall cost competitiveness for gold traders.

Eightcap remains a viable option for forex-focused traders, but those with significant exposure to precious metals may face higher transaction costs.

EURUSD Spread Analysis

1. IC Markets – It excels in normal conditions, traders should apply risk controls during high-impact market events.

2. AUS Global – It’s ability to offer competitive pricing with better spread stability, reducing unexpected cost spikes during volatile sessions. Best suited for traders seeking a balance between low trading costs and controlled risk during market fluctuations.

3. ACY Securities – While ACY may be less attractive for cost-sensitive strategies, it provides more predictable execution under stress conditions, which can appeal to conservative or longer-term traders.

GBPUSD Spread Analysis

1. In the comparison of GBPUSD spreads, IC Markets claimed the top position by offering the tightest average spread.

2. AUS Global was highlighted as a stable alternative, suitable for traders seeking reliable execution with minimal spread volatility.

3. ACY Securities remained competitive under normal market conditions, though traders are advised to account for potentially higher cost variations during news events or periods of high market speed.

XAUUSD Spread Analysis

1. AUS Global – Ranked first for overall stability, delivering the tightest average spread and relatively controlled widening during volatile periods.

2. IC Markets – Maintained competitive average spreads, but experienced notable spread expansion during high-volatility conditions.

3. Decode Global –Recorded higher cost exposure in both average and worst spread metrics, indicating greater sensitivity to market stress.

Conclusion

The January 2026 BrokersView spread review highlights AUS Global as the standout low-cost broker, clearly outperforming peers across major FX pairs and gold. Decode Global and Eightcap follow as solid mid-tier options, with pricing differences becoming more pronounced for commodity trading. For traders where spreads directly impact performance, broker selection remains a critical strategic decision.

For more comprehensive evaluation data, please check the BV evaluation column.