DAX Spread Comparison UK: 10 Brokers Tested (2026)

Checking which broker has the lowest DAX spread

DAX spreads from different brokers​

Last updated: 17th June 2026

Pepperstone told me they’ve been cutting spreads recently. Yeah yeah…

“You mean matching competitor spreads? Yawn…”

So I decided to take a look for myself. Do some market research. I like trading the DAX, and so do a lot of you. 

Anyway, I decided to take live DAX prices from 10 Spread Betting and CFD brokers

  1. Capital.com
  2. CMC Markets
  3. IG
  4. City Index
  5. FXCM
  6. Pepperstone
  7. SpreadEx
  8. FxPro
  9. Oanda
  10. Plus 500

On Friday, 12th June at 16:17 UK time, I checked the DAX spreads. A regular cash session for the DAX, trading hours session, and limited volatility, so it was a fair fight.  

(Also, so I could grab the screenshots in time… very scientific…)

Here’s what I found for the DAX at that time

In no particular order:

  • Capital.com = 1.5pts
  • Pepperstone = 0.9pts
  • CMC Markets = 1.2pts
  • IG = 1.6pts
  • FXCM = 1.3pts 
  • City Index = 1.2pts
  • SpreadEx = 1.6pts
  • Oanda = 2.2pts 
  • Plus 500 = 2.29pts
  • FxPro = 2pts
That’s a big saving if you’re an active trader… I plugged the potential savings into my spread saver calculator to see what you’d save per month doing a couple of trades per day.
Spread Saver - Potential saving £563 pm!

To be honest, I thought this looked like a blatant promo for Pepperstone, so I crawled Google for more brokers to try and find someone at least offering the same 0.9 pt spread.

Same story.

  • Trading 212 = 2.2pts
  • Forex.com = 1.2 pts

Alright, the results are what they are…

Let’s rank all the brokers in order from best DAX spread to worst:

  1. Pepperstone 0.9pts
  2. Forex.com, City Index and CMC 1.2pts
  3. FXCM 1.3pts
  4. IG 1.6pts
  5. Capital.com 1.5pts
  6. SpreadEx 1.6pts 
  7. FX Pro 2pts
  8. Oanda and Trading 212 2.2pts
  9. Plus 500 2.29pts

By the way, these spreads were taken at one point in time on a random Friday afternoon. I tried to be as fair as possible (and even double-checked after the US open), but markets can get wild, and maybe the spreads change.

Do your own due diligence and all that…Pepperstone is here if you want to check it out for yourself.

These are the spreads for both spread betting and CFD accounts.

I also did exactly the same test on ten other markets:

Indices: Dow, Nasdaq, S&P 500, FTSE,
Commodities: Gold, Oil,
Forex: USD/JPY, EUR/USD, GBP/USD

Or see the whole lot in my spread checker table.