Lowest GBP/JPY Spread — 15 Brokers Ranked
Live-measured GBP/JPY spread across 15 MetaTrader brokers, cheapest first. Median 0.02100. Measured 2026-08-25.
Lowest spread by broker
Top 12 brokers by measured spread (lower is better). Verified against live accounts.
| # | Broker | Platform | Spread |
|---|---|---|---|
| 1 | Blueberry | MT5 | 0.01200 |
| 2 | FP Markets | MT5 | 0.01200 |
| 3 | Prometheus | MT5 | 0.01200 |
| 4 | easyMarkets | MT5 | 0.01400 |
| 5 | FBS | MT5 | 0.01600 |
| 6 | IC Markets | MT5 | 0.01800 |
| 7 | MultiBank | MT5 | 0.01900 |
| 8 | Exness | MT5 | 0.02100 |
| 9 | Vantage | MT5 | 0.02200 |
| 10 | Tickmill | MT5 | 0.02200 |
| 11 | ThinkMarkets | MT5 | 0.02400 |
| 12 | Admirals | MT5 | 0.02900 |
| 13 | XM | MT5 | 0.03400 |
| 14 | HFM | MT4 | 0.03500 |
| 15 | OctaFX | MT5 | 0.04900 |
Spread = ask − bid in price terms, measured per broker on 2026-08-25 and verified against live broker accounts. Zero/placeholder spreads filtered out.
Frequently asked questions
Which broker has the lowest GBP/JPY spread?
The table above ranks brokers by measured GBP/JPY spread, lowest first. Every spread is verified against live accounts.
What is a typical GBP/JPY spread?
Typical GBP/JPY spreads vary by broker and account type — compare the measured values above to find the tightest.
Do lower spreads matter for EAs and scalping?
Yes. For high-frequency EAs and scalping, spread plus execution latency is the main cost — a tight spread and a VPS near your broker both reduce it.