Nasdaq Spread Comparison UK: 10 Brokers Tested (2026)

Who is the lowest Nasdaq spread broker?

Nasdaq spreads: Ten UK brokers checked

Last updated: 17th June 2026

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. City Index
  2. IG
  3. CMC
  4. Plus 500
  5. Pepperstone
  6. Capital.com
  7. Forex.com
  8. FXCM
  9. SpreadEx
  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?

So, I took a typical Friday afternoon, when the US stock market was open, and liquidity would be at its highest.

No data coming out, no headline news, just a standard Friday on the Nasdaq.

I put all those brokers on my screen and then on Friday, 12th June at 16:17 BST took a screenshot.
All the brokers, same time, same day.

In no particular order, these were the spreads on the Nasdaq:

  • SpreadEx 1pt
  • Capital.com 1.8pts
  • Forex.com 1.5pts
  • FXCM 1.3pts
  • Plus 500 2.7pts
  • IG 1.2pts
  • Pepperstone 1pt
  • CMC 1pt
  • City Index 1.9pts
  • Oanda 2.3pts
The Nasdaq was up on the day of the test, but as you can see from the chart, despite a push to highs, price action was pretty muted. The market was quite rotational. 
 
This felt like a fair fight.
Nasdaq spreads checked 16:17 BST

Lowest Nasdaq Spreads

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

  1. CMC, Pepperstone and SpreadEx 1pt
  2. IG 1.2pts
  3. FXCM 1.3pts
  4. Forex.com 1.5pts
  5. Capital.com 1.8pts
  6. City Index 1.9pts
  7. Oanda 2.3pts
  8. Plus 500 2.7pts

Fair play, most of the brokers were 1.5pts or less.

Which I think is pretty decent for a market that was running at a 750pt daily range during a lot of June. That’s a heck of a lot cheaper than when I started in 2001!

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

I watched the spreads for about a minute, and where I could, noted down any changes. At one point, Oanda went as low as 1.8pts.

IG Nasdaq order ticket. 1.2pts spread.

If you’ve got an active spread betting strategy and trade the Nasdaq a lot. Say £5pp twice a day, paying 1pt vs 2.7pts would save you £340 a month, or about £4,080 a year.

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

That’s no effort, money back in your pocket. (And remember, of course, that spread betting is tax-free in the eyes of HMRC)

Morning Nasdaq spreads (US session closed)

Interesting note: I went to check the spreads again in the morning, just to see how things had changed when the US cash session was closed, and the underlying Nasdaq futures are less liquid.

  • IG 2pts
  • CMC 1pt
  • Pepperstone 1.3pts
  • SpreadEx 2pts

So CMC were holding the line at a 1pt spread pre-market as well. Well done CMC.

Pepperstone added a 0.3pt premium. Not bad, still super low.

SpreadEx doubled.

This is worth taking into account if you trade the Nasdaq in the UK morning. 

When I checked Dow spreads, Capital.com and Pepperstone were the lowest… so it just goes to show no one broker is tightest on everything.

I also checked Gold, Dax, Dow, S&P 500, and FTSE spreads too if you’re curious. (Same super scientific method worthy of an award…)
Forex pairs, I looked at USD/JPY, EUR/USD, and Cable.

So, in summary, the results were this:

 

Pepperstone, CMC and SpreadEx all had a 1pt spread.

My rules are: Random screenshot, at the same time.

If you’re a broker on variable spreads, you either get lucky or not.
(Pepperstone just missed out on my Gold spread checker using this exact method)

Do your own due diligence; spreads can vary all the time. Things change with market conditions. So it’s best to visit the broker’s website and check for yourself. 

If you want to see all the spreads from the brokers tested in one table, then take a look at my Spread Checker widget, and if you want a quick glimpse at how much that saves you as a trader, my spread saver is worth a look too.