Nasdaq Spread Comparison UK: 10 Brokers Tested (2026)

Last updated: 30th October 2026.

The tightest Nasdaq spread across the 10 UK brokers we checked was 1.0pt, shared by Pepperstone, CMC Markets, FXCM and OANDA.

Nasdaq spreads: Ten UK brokers checked

Nasdaq or Tech100, Nas100 as some brokers call it, is a real whippy market…

Love it or hate it, no one can deny it has a lot of volatility and potential opportunity.

And trading is tough enough without having an unnecessary headwind in the form of a fat Nasdaq spread.

So, I want to find out which broker has the lowest spread on the Nasdaq.

Because every broker claims "tight spreads" on their home page…

I'm waiting for the day one broker honestly says, "Pretty poor spreads on most stuff actually, but we just hope you won't notice… ooo look at this celebrity holding an iPhone with our app on!"

A bit harsh perhaps!

But we just want nice low spreads on everything we trade, right?

So with that in mind, let me share my Nasdaq lowest spread findings.

Ok, so I picked ten CFD/ spread betting brokers; they are:

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

And my method for comparison is super simple but actually quite effective…

Because all we want to know is what spread will I pay when I want to trade?

The idea is to take prices at the same time and compare the actual spreads on screen.

No relying on the advertised "spreads from" figures.

Because the important thing is what you're actually quoted when you're about to trade.

The figures below are from my October comparison, and are a snapshot rather than a guarantee of future pricing.

Lowest Nasdaq spreads — October 2026

Ok, so ranked from the lowest Nasdaq spread to the highest, this is what we have.

1. Pepperstone, CMC Markets, FXCM and OANDA 1.0pt
2. IG, StoneX and XTB 1.2pts
3. FOREX.com 1.5pts
4. Capital.com and Plus500 1.8pts

So, who's cheapest for trading the Nasdaq?

Well, it's another shared first place.

Pepperstone, CMC Markets, FXCM and OANDA all came in at 1.0pt.

Interestingly, Pepperstone and CMC Markets have now recorded 1.0pt in all six monthly comparisons I've published since May.

That's a decent run of consistency.

Of course, we're talking about six individual checks, not continuous monitoring, so the spread you see when you trade could be different.

IG, StoneX and XTB were next at 1.2pts, while FOREX.com came in at 1.5pts.

At the other end, Capital.com and Plus500 were both at 1.8pts.

Now, 1pt is pretty decent for a market that can easily move hundreds of points in a session.

That's a heck of a lot cheaper than when I started in 2001!

Anyway, enough "back in my day, get out your violin"…

The difference between paying a 1.0pt spread and a 1.8pt spread might not sound like much.

But if you've got an active spread betting strategy and trade the Nasdaq regularly, it can add up surprisingly quickly.

Say you're trading £10 per point, twice a day, five days a week.

That 0.8pt difference is £8 per trade.

Across ten trades a week, that's £80 a week, or £4,160 over 52 weeks.

Not a bad saving for trading the exact same underlying market.

Even more if you're very active or trade more size…

And remember, of course, that spread betting is generally tax-free for UK residents under current tax treatment.

But don't forget there are other costs and considerations too.

Execution, slippage, overnight funding, any applicable commissions and platform reliability all matter.

If you want to see the difference a tighter spread could make to your trading costs, take a look at my Spread Saver calculator .

Enter your typical spread, position size and number of trades each week to estimate the potential saving over a month or year.

Compare spreads on other markets

I also checked a load of other markets, because a broker that's competitive on the Nasdaq isn't necessarily cheapest on everything.

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

Commodities: Gold and Oil.

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

So, in summary...

Pepperstone, CMC Markets, FXCM and OANDA shared the lowest observed Nasdaq spread at 1.0pt in October.

Pepperstone and CMC have been at 1.0pt in every monthly snapshot I've published since May.

My rules are simple: same-time comparison, record the quoted spreads and let the results speak for themselves.

If you're a broker on variable spreads, you either get lucky or not.

Do your own due diligence; spreads vary with market conditions and the broker that's tightest today may not be tomorrow.

To see all the spreads in one place, take a look at my Spread Checker .

And if you want to work out what those differences mean in pounds and pence, my Spread Saver is worth a look too.