Written by Zornitsa Stefanova
Updated: March 19, 2025
Investing in cryptocurrencies has become a popular choice for millions of traders worldwide. While numerous brokers and exchanges facilitate crypto trading, selecting a reliable entity offering competitive conditions is crucial. Transaction fees, particularly spreads, significantly impact trading costs. Below, we’ve curated a list of top-tier crypto platforms with the tightest spreads.
Top 5 Cryptocurrency Brokers with Low Spreads
1. Fusion Markets
Rating: 4.7 ⭐
74–89% of retail CFD accounts lose money
Key Features:
- CFD trading on major cryptos (BTC, ETH, DOGE).
- Average spreads: BTC/USD (~20), ETH/USD (~2.7), DOGE/USD (~0.0).
- Regulated by ASIC, VFSC, and FSA.
- User-friendly interface for all experience levels.
2. IC Markets
Rating: 4.8 ⭐
70.64% of retail CFD accounts lose money
Key Features:
- 20+ crypto pairs with leverage up to 1:2.
- No commission on crypto CFDs.
- Tight spreads: BTC/USD (~6.46), ETH/USD (~2.97).
3. eToro
Rating: 4.2 ⭐
61% of retail investors lose money
Key Features:
- 100+ spot and CFD crypto assets.
- Fixed 1% trading fee.
- Copy Trading functionality.
4. FP Markets
Rating: 4.9 ⭐
73.85% of retail CFD accounts lose money
Key Features:
- Low spreads: BTC/USD (~21.08), ETH/USD (~4.45).
- No trading commissions.
5. Global Prime
Rating: 4.6 ⭐
74–89% of retail CFD accounts lose money
Key Features:
- 30+ crypto assets.
- 0.1% trading fee.
- Average spreads: BTC/USD (~64.3).
Top 5 Cryptocurrency Exchanges with Low Spreads
| Exchange | Tradable Cryptos | Maker/Taker Fees | Avg. Spreads | Leverage | Trustpilot Rating |
|----------------|------------------|------------------|--------------------|----------|-------------------|
| Coinbase | 260+ | 0%–0.60% | BTC/USD: 0.02% | 1:10 | 1.9 ⭐ |
| Kraken | 260+ | 0%–0.40% | BTC/USD: 0.01% | 1:50 | 1.4 ⭐ |
| Binance | 500+ | 0.012%–0.10% | BTC/USDT: 0.06% | 1:125 | 1.4 ⭐ |
| Crypto.com | 350+ | 0%–0.30% | BTC/USD: 0.01% | 1:10 | 1.5 ⭐ |
| CoinJar | 50+ | 0.02%–0.10% | BTC/AUD: 0.28% | N/A | 4.1 ⭐ |
Understanding Spreads in Crypto Trading
What Is a Spread?
The spread is the difference between the bid (buy) and ask (sell) prices. Lower spreads reduce trading costs, especially for high-frequency traders.
Formula:
(Ask Price – Bid Price) / Ask Price × 100 = Spread %
Factors Affecting Spreads:
- Market Volatility: Higher volatility widens spreads.
- Liquidity: More liquid assets (e.g., BTC) have tighter spreads.
- Trading Volume: Low volume slows order execution, increasing spreads.
How to Minimize Spread Costs:
- Trade during high-liquidity periods.
- Use limit orders to avoid slippage.
- Compare spreads across platforms.
Additional Fees in Crypto Trading
Beyond spreads, consider:
- Deposit/Withdrawal Fees: Often free for bank transfers.
- Overnight Fees: Charged for holding leveraged positions.
- Maker/Taker Fees: Lower for market makers (e.g., 0.02% on Binance).
FAQ
1. Which platform offers the lowest spreads for BTC?
Answer: Kraken and Crypto.com offer the tightest spreads (~0.01% for BTC/USD).
2. Are low spreads better for day trading?
Answer: Yes! Tight spreads reduce costs for frequent trades.
3. Can I avoid spreads entirely?
Answer: No, but limit orders and high-liquidity pairs minimize them.
4. Do decentralized exchanges (DEXs) have lower spreads?
Answer: Not necessarily—DEXs often have higher slippage and fees.
👉 Start Trading with Low Spreads
Key Takeaways
- Brokers like Fusion Markets offer competitive CFD spreads.
- Exchanges like Kraken excel in spot trading with low fees.
- Always factor in total costs (spreads + fees) when choosing a platform.
Happy trading! 🚀