Dow Spread Comparison UK: 10 Brokers Tested (2026)

Which broker has the lowest Dow spread?​

Last updated: 30th October 2026.

The lowest Dow spread across the 10 UK brokers we checked was 2.0pts from Pepperstone , followed by CMC Markets at 2.2pts and FXCM at 2.3pts.

Month Checked Tightest Broker(s) Dow Spread
October 2026 Pepperstone 2.0pts
September 2026 Capital.com , Pepperstone & FXCM 2.0pts
August 2026 Capital.com & Pepperstone 2.0pts
July 2026 Capital.com & Pepperstone 2.0pts
June 2026 Capital.com & Pepperstone 2.0pts
May 2026 Capital.com & Pepperstone 2.0pts

Best Dow US30 spreads

This is my quest to find out which broker has the tightest spread on the Dow. Otherwise known as the US30 or Wall Street 30.

Because if you're trading the Dow via, say, a CFD or a spread bet , then, like it or not, the spread matters. We just don't want to be paying more than we should...

Spread costs add up over time, and if you're a particularly active day trader or scalper, then the differences can be eye-watering when you check.

And of course, all brokers cry:

"We've got the lowest Dow spread"
"No, we have"
"Try us"

YAWN!

So I'm investigating myself using my 'ahem' proprietary checking method...

I open up ten CFD/spread betting brokers, load up the US30, squash them all into one screen and then take a screenshot.

Same time, same market, and I share my results... It's not pretty, but it's a decent way to see how each broker compares.

Alright, so these are the ten brokers I checked in October.

  1. CMC Markets
  2. IG
  3. FOREX.com
  4. Pepperstone
  5. Capital.com
  6. Plus500
  7. XTB
  8. OANDA
  9. FXCM
  10. StoneX

I'm comparing the quoted spreads from the October test, rather than the advertised "spreads from" figures.

The results are a snapshot, rather than a guarantee of what the spread will be whenever you trade.

Here's an example of the price action from an earlier spread comparison.

Dow price action during an earlier broker spread test
Price action during an earlier Dow spread test.

Dow broker spreads ranked from best to worst

Right, let's tidy this up and see what we've got from October.

  1. Pepperstone 2.0pts
  2. CMC Markets 2.2pts
  3. FXCM 2.3pts
  4. IG , StoneX and FOREX.com 2.4pts
  5. Capital.com 2.8pts
  6. OANDA 3.0pts
  7. XTB and Plus500 5.0pts

That's a pretty decent difference between best and worst...

Pepperstone took the top spot this month at 2.0pts, followed by CMC Markets at 2.2pts and FXCM at 2.3pts.

Interestingly, Pepperstone has recorded the joint-lowest or outright lowest Dow spread in every monthly comparison I've published since May.

Capital.com was alongside Pepperstone for several of those months, but this time came in at 2.8pts.

Obviously, spreads can change, but that consistency is worth noting.

At the other end, Plus500 and XTB both came in at 5.0pts.

That's 3 points wider than Pepperstone.

At £10 per point, that's an extra £30 per comparable trade in spread cost. Trade five times a week and you're looking at £150 extra in a week.

And that's before considering things like overnight financing, commissions, execution and slippage.

Here are a couple of screenshots from the earlier comparison.

Earlier Pepperstone Dow spread screenshot showing 2 points
Pepperstone Dow spread of 2pts in an earlier test.
Earlier Capital.com Dow spread screenshot showing 2 points
Capital.com Dow spread of 2pts in an earlier test.

Anyway... those were the results.

Pepperstone was the tightest in October, but check the spreads for yourself at the typical time you trade.

Things change. Brokers change their pricing, liquidity changes, and spreads can widen around news or quieter sessions.

If you want to see what a tighter spread could save you, take a look at my Spread Saver calculator .

Enter your current spread, position size and number of trades per week to estimate the difference over a month or year.

Compare spreads on other markets

If you trade other instruments, check out my other UK broker spread comparisons.

Forex: GBP/USD, USD/JPY and EUR/USD.

Indices: Nasdaq, S&P 500, FTSE and DAX.

Commodities: Gold and Oil.

If you want the whole spreads experiment in one table, check out my Spread Checker .

And once you've found a broker with a tight Dow spread, make sure it offers a platform you enjoy trading on. See my guide to the best spread betting platforms in the UK .

As always, do your own due diligence. Spreads change, markets move.

Pepperstone topped the October Dow comparison at 2.0pts. But whoever you trade with, make sure you're not paying more than you need to.

Between 61-89% of retail investor accounts lose money when trading CFDs and spread bets. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk.