When trading in the foreign exchange market, low spreads can make a significant difference, particularly for day traders and scalpers who execute high volumes of trades. Choosing a forex broker with competitive spreads is essential to maximize profits and minimize transaction costs. This review highlights some of the best forex brokers known for offering low spreads, helping you make an informed decision. Understanding Spreads in Forex Before jumping into our list, it’s helpful to understand what spreads mean in forex trading. A spread is the difference between the bid price and the ask price of a currency pair. It represents the broker’s commission, and lower spreads equate to lower costs…