Nasdaq Spread Comparison UK: 10 Brokers Tested (2026)

Which broker has the lowest Nasdaq spread?

Last updated: 1st October 2026.

The tightest Nasdaq spread across the biggest UK brokers we checked was 1.0pt, shared by Pepperstone, CMC Markets, City Index, FXCM and Oanda.

Month Checked Tightest broker(s) Nasdaq Spread
September 2026 Pepperstone, CMC Markets, City Index, FXCM & Oanda 1.0pts
August 2026 Pepperstone, CMC Markets, City Index & Oanda* 1.0pts
July 2026 Pepperstone, CMC Markets, IG & SpreadEx 1.0pts
June 2026 Pepperstone, CMC Markets & SpreadEx 1.0pts
May 2026 Pepperstone, CMC Markets, IG & SpreadEx 1.0pts

* Variable spread

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.

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. City Index
  2. IG
  3. CMC Markets
  4. Plus 500
  5. Pepperstone
  6. Capital.com
  7. Forex.com
  8. FXCM
  9. FXPro
  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 took a screenshot.
All the brokers, same time, same day.

This felt like a fair fight.

Nasdaq spreads checked

Lowest Nasdaq Spreads

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

  1. CMC Markets, Pepperstone, City Index, FXCM and Oanda 1pt
  2. IG 1.2pts
  3. XTB 1.3pts
  4. Forex.com 1.5pts
  5. FxPro 1.75pts
  6. Capital.com and Plus 500 1.8pts

CMC Markets and Pepperstone have now been fixed at 1pt in every monthly Nasdaq test I’ve run since May.

City Index, FXCM and Oanda also joined them at 1pt in the September check.

That consistency is worth noting, especially when some brokers can move their spreads around depending on market conditions.

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”…

I watched the spreads for about a minute, and where I could, noted down any changes.

If you’ve got an active spread betting strategy and trade the Nasdaq a lot. Say £10pp twice a day, paying 1pt vs 1.8pts would save you £336 a month, or over £4,000 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)

I also checked Gold, DAX, Dow, S&P 500, and FTSE spreads too, if you’re curious.

Forex pairs, I looked at USD/JPY, EUR/USD, and Cable.

So, in summary, the results were this: 

 

Pepperstone, CMC Markets, City Index, FXCM and Oanda all came in at 1pt on the Nasdaq in this check.

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.