What a spread is, and what it costs you

A spread is the gap between the price you can buy at and the price you can sell at, quoted in pips. It is charged the moment a position opens, which is why it is the one cost every trade pays whether it wins or loses.

A spread alone does not say what a trade costs. An account with a 0.0-pip raw spread usually charges commission per lot instead, and an account with a 1.2-pip spread usually charges none. The comparable figure is the round turn - spread plus commission for one lot, in and out - and that is what the tables here rank on.

The ten below are the brokers in Morocco publishing the tightest EUR/USD spread for a standard account. They are ordered by the figure they publish, not by preference, and a broker that publishes no spread is not on the list at all.

EUR/USD spread, pips (73 of 75 · median 1 pips)

31<1
401-2
12-3
13-4
04+

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (69 of 75 counts · 71 brokers onboarding Moroccan residents)

69of 75
qualify for this ranking
92% of 75
64of 69
scored on all six axes
93% of 69
71of 75
publish a price
95% of 75
43of 75
publish a leverage figure for this country
57% of 75

Top 3 (of 3 ranked)

What a spread is, and what it costs you (69 of 75)

By slice score, formula v1.0. · 69 of 71 brokers in this ranking · all 69
#BrokerRound turn, USDMAMin deposit, USDMALeverageWithdrawal, hMAScoreExecutionFoundedFunding
1510 group2000MA0.254.67ECN/raw + standard2006—
26100—stated, not verified244.19ECN/raw + standard20012 methods
39.2—2500 groupMA244.14ECN/raw + standard20103 methods · local
4625 group2000 groupMA0.174.13ECN/raw + standard2004—
54.2——stated, not verified244.08ECN/raw + standard2001—
6—0 group500MA244.02ECN/raw + standard19983 methods · local
79—1000MA34.01ECN/raw + standard20114 methods
84.50 group500MA14.01ECN/raw + standard2017—
97—3000 groupMA244.01ECN/raw + standard2007—
109——stated, not verified0.023.99ECN/raw + standard20083 methods · local
11830 group3000MA243.98ECN/raw + standard19983 methods · local
129100 group—stated, not verified483.97Standard20063 methods · local
13701000MA23.97ECN/raw + standard20101 methods
1475 group1000MA243.96ECN/raw + standard20092 methods · local
157——stated, not verified33.95ECN/raw + standard2006—
16620 group30MA243.94Standard20162 methods · local
177—1000MA243.92ECN/raw + standard2008—
186—3000MA243.91ECN/raw + standard2009—
196—500 groupMA483.9ECN/raw + standard20063 methods · local
206200 group500 groupMA483.89ECN/raw + standard20052 methods
21510 group500MA243.88ECN/raw + standard20051 methods
222—1000MA483.88ECN/raw + standard2009—
236—3000 groupMA243.86ECN/raw + standard20093 methods · local
24—0 group200MA483.83ECN/raw + standard19893 methods · local
257—1000MA243.83ECN/raw + standard2010—
2660 group500 groupMA723.82ECN/raw + standard2014—
276501000MA483.8ECN/raw + standard1998—
287—400 groupMA483.79ECN/raw + standard20103 methods · local
296—200MA243.79Standard2011—
307100500MA243.78ECN/raw + standard20094 methods · local
318—200MA483.77ECN/raw + standard2004—
32650 group—stated, not verified243.77ECN/raw + standard2019—
336—500 groupMA1683.75ECN/raw + standard20053 methods
34650 group500MA1203.75ECN/raw + standard20093 methods · local
357—500MA483.75ECN/raw + standard2016—
367—1000 groupMA243.73ECN/raw + standard2014—
378—100MA243.72ECN/raw + standard2012—
3865 group1000MA483.71ECN/raw + standard2019—
39520 group500 groupMA243.71ECN/raw + standard1977—
403—2000MA0.53.7ECN/raw + standard2023—
411.5—500MA243.67ECN/raw + standard2005—
428100 group200 groupMA243.66ECN/raw + standard19882 methods
43410 group3000MA483.64ECN/raw + standard2012—
4470 group500MA483.64ECN/raw + standard20072 methods
457—500 groupMA243.63ECN/raw + standard2010—
4650500 groupMA—3.62Standard2014—
4770 group500MA243.62ECN/raw + standard2013—
486.5—300MA243.6ECN/raw + standard2016—
495——stated, not verified483.59ECN/raw + standard19781 methods · local
506——stated, not verified723.58ECN/raw + standard2015—
515.510 group1000MA1203.55ECN/raw + standard2014—
5290—stated, not verified723.54ECN/raw + standard20022 methods · local
533.1——stated, not verified0.53.54ECN/raw + standard2006—
5460 group2000MA2403.52ECN/raw + standard20105 methods · local
559——stated, not verified243.49Standard1992—
561150 group1000 groupMA723.46ECN/raw + standard1999—
574—2000MA723.42ECN/raw + standard2020—
586—1000MA723.42ECN/raw + standard2019—
595—2000MA483.33ECN/raw + standard20093 methods · local
6070 group2000MA243.32ECN/raw + standard20083 methods · local
616—500MA243.3ECN/raw + standard20143 methods
62——5000MA73.28ECN/raw + standard2007—
637100 group1000MA243.27ECN/raw + standard20111 methods
6418—500MA243.21Standard2021—
657500 group500MA723.19ECN/raw + standard2017—
666——stated, not verified1203.17ECN/raw + standard1996—
6718—30MA2403.13ECN/raw + standard2010—
6813.6——stated, not verified1203.07ECN/raw + standard1974—
6920100 group200MA1202.46Standard20133 methods
Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

Capital.com publishes a retail leverage of 1:30 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

The ten above illustrate the term. Brokers with the lowest spreads in Morocco lists every broker that qualifies, with the figure each one publishes.

Identical for every row, so it is stated once: Who onboards Local · AMMC · Swap-free fee none, no limit · MAD account Yes.

1. Grand Capital — highest score of the three · cheapest priced of the three · approved member, financial commission (score 4.67)

Round turn
5 USD
Withdrawal
from 15 minutes
MAD account
USD, EUR, GBP, JPY, CHF, RUB
Leverage
2000MA
Accepts residents
through an offshore entity
Onboarding entity
Grand Capital global entity
Founded
2006
Register
https://gftoapp.com/broker/grand-capital · 11.10.2026
Group leverage
uncleargroup
Instruments
Forex, CFDs, crypto, stocks
Platforms
MT5cTraderWebTradingView
Funding
No Morocco-local payments
Not served
United States, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Germany, Portugal, Denmark, Estonia, Slovenia, Greece, Malaysia, Russian Federation
  • Reviews25%85
  • Round-turn cost20%100
  • Payouts15%
  • Track record10%
  • Platforms50
Why it ranks here

Round turn 5 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.67.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of Grand Capital

2. Admirals — regulated multi-entity broker · withdrawal in 24 h (score 4.19)

Round turn
6 USD
Withdrawal
same business day
MAD account
Not specified
Accepts residents
through an offshore entity
Onboarding entity
Admirals global entity
Founded
2001
Register
https://babeepips.com/best-forex-brokers-in-morocco/ · 11.10.2026
Group leverage
unclear
Instruments
Forex CFDs stocks ETFs
Platforms
MT5MT4Web
Funding
Bank cards e-wallets
Not served
United States, Canada, Japan, Belgium
    Why it ranks here

    Round turn 6 USD against the slice median 6 USD. strongest axis track record 100 of 100. total score 4.19.

    Watch for

    Min deposit 200 USD, double the Morocco median of 50; withdrawal time not published.

    Full review of Admirals

    3. ThinkMarkets — multi-regulated broker · withdrawal in 24 h (score 4.14)

      Why it ranks here

      Round turn 9.2 USD against the slice median 6 USD. strongest axis payouts 80 of 100. total score 4.14.

      Watch for

      Onboards Moroccan residents through an offshore entity: no AMMC licence, no AMMC complaints route, no MAD account.

      Full review of ThinkMarkets

      What the data shows(69 of 75 distributions · 71 brokers)

      Swap-free availability (69 of 75 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (69 of 75 swap-free)

      53%16/30
      Never16After 3–30 days9not published5

      Who onboards Moroccan residents (69 of 75 brokers)

      45%20/44
      Local AMMC entity20Offshore entity24

      MAD account (69 of 75 brokers)

      36%16/44
      Yes16No23not published5

      Round turn, one lot, USD (71 of 75 · median 6 USD)

      8<5
      565-10
      310-15
      315-20
      120+

      Full list(69 of 75)

      1. 1Grand Capital4.67
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        10 group
        Leverage
        2000MA
        MAD
        Yes
      2. 2Admirals4.19
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100
        MAD
        Yes
      3. 3ThinkMarkets4.14
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9.2
        Leverage
        2500 groupMA
        MAD
        Yes
      4. 4FreshForex4.13
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        25 group
        Leverage
        2000 groupMA
        MAD
        Yes
      5. 5ActivTrades4.08
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        4.2
        MAD
        Yes
      6. 6CFI4.02
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Min deposit, USD
        0 group
        Leverage
        500MA
        MAD
        Yes
      7. 7OctaFX4.01
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9
        Leverage
        1000MA
        MAD
        Yes
      8. 8Fusion Markets4.01
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        4.5
        Min deposit, USD
        0 group
        Leverage
        500MA
        MAD
        Yes
      9. 9AMarkets4.01
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        3000 groupMA
        MAD
        Yes
      10. 10Exness3.99
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9
        MAD
        Yes
      11. 11Alpari3.98
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        8
        Min deposit, USD
        30 group
        Leverage
        3000MA
        MAD
        Yes
      12. 12AvaTrade3.97
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        100 group
        MAD
        Yes
      13. 13Global Prime3.97
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0
        Leverage
        1000MA
        MAD
        Yes
      14. 14XM3.96
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        5 group
        Leverage
        1000MA
        MAD
        Yes
      15. 15FxPro3.95
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        MAD
        Yes
      16. 16Capital.com3.94
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        20 group
        Leverage
        30MA
        MAD
        Yes
      17. 17NordFX3.92
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        1000MA
        MAD
        Yes
      18. 18Traders Trust3.91
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        3000MA
        MAD
        Yes
      19. 19GO Markets3.9
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        500 groupMA
        MAD
        Yes
      20. 20MultiBank Group3.89
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        200 group
        Leverage
        500 groupMA
        MAD
        Yes
      21. 21LiteFinance3.88
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        10 group
        Leverage
        500MA
        MAD
        Yes
      22. 22Hantec Markets3.88
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        2
        Leverage
        1000MA
        MAD
        Yes
      23. 23FBS3.86
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        3000 groupMA
        MAD
        Yes
      24. 24CMC Markets3.83
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Min deposit, USD
        0 group
        Leverage
        200MA
        MAD
        Yes
      25. 25FXChoice3.83
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        1000MA
        MAD
        Yes
      26. 26BlackBull Markets3.82
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        0 group
        Leverage
        500 groupMA
        MAD
        Yes
      27. 27FIBO Group3.8
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50
        Leverage
        1000MA
        MAD
        Yes
      28. 28Pepperstone3.79
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        400 groupMA
        MAD
        Yes
      29. 29Mitrade3.79
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        200MA
        MAD
        Yes
      30. 30Eightcap3.78
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100
        Leverage
        500MA
        MAD
        Yes
      31. 31Dukascopy3.77
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        8
        Leverage
        200MA
        MAD
        Yes
      32. 32Errante3.77
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50 group
        MAD
        Yes
      33. 33FP Markets3.75
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        500 groupMA
        MAD
        Yes
      34. 34Vantage3.75
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50 group
        Leverage
        500MA
        MAD
        Yes
      35. 35Blueberry Markets3.75
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        500MA
        MAD
        Yes
      36. 36Doo Prime3.73
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        1000 groupMA
        MAD
        Yes
      37. 37CMTrading3.72
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        8
        Leverage
        100MA
        MAD
        Yes
      38. 38FXGT3.71
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        5 group
        Leverage
        1000MA
        MAD
        Yes
      39. 39HYCM3.71
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        20 group
        Leverage
        500 groupMA
        MAD
        Yes
      40. 40Headway3.7
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        3
        Leverage
        2000MA
        MAD
        Yes
      41. 41FXOpen3.67
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        1.5
        Leverage
        500MA
        MAD
        Yes
      42. 42Windsor Brokers3.66
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        8
        Min deposit, USD
        100 group
        Leverage
        200 groupMA
        MAD
        Yes
      43. 43JustMarkets3.64
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        10 group
        Leverage
        3000MA
        MAD
        Yes
      44. 44Axi3.64
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0 group
        Leverage
        500MA
        MAD
        Yes
      45. 45Amana Capital3.63
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Leverage
        500 groupMA
        MAD
        Yes
      46. 46Trade Nation3.62
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        0
        Leverage
        500 groupMA
        MAD
        Yes
      47. 47TMGM3.62
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0 group
        Leverage
        500MA
        MAD
        Yes
      48. 48CAPEX3.6
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6.5
        Leverage
        300MA
        MAD
        Yes
      49. 49Interactive Brokers3.59
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        MAD
        Yes
      50. 50VT Markets3.58
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        MAD
        Yes
      51. 51XChief3.55
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5.5
        Min deposit, USD
        10 group
        Leverage
        1000MA
        MAD
        Yes
      52. 52XTB3.54
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        0
        MAD
        Yes
      53. 53Weltrade3.54
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        3.1
        MAD
        Yes
      54. 54HFM3.52
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        0 group
        Leverage
        2000MA
        MAD
        Yes
      55. 55Saxo Bank3.49
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        9
        MAD
        Yes
      56. 56FXCM3.46
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        11
        Min deposit, USD
        50 group
        Leverage
        1000 groupMA
        MAD
        Yes
      57. 57Exinity3.42
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        4
        Leverage
        2000MA
        MAD
        Yes
      58. 58Moneta Markets3.42
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        1000MA
        MAD
        Yes
      59. 59RoboForex3.33
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        5
        Leverage
        2000MA
        MAD
        Yes
      60. 60Equiti3.32
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0 group
        Leverage
        2000MA
        MAD
        Yes
      61. 61Tickmill3.3
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        Leverage
        500MA
        MAD
        Yes
      62. 62InstaForex3.28
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Leverage
        5000MA
        MAD
        Yes
      63. 63FXTM3.27
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        1000MA
        MAD
        Yes
      64. 64T4Trade3.21
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        18
        Leverage
        500MA
        MAD
        Yes
      65. 65ATFX3.19
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        500 group
        Leverage
        500MA
        MAD
        Yes
      66. 66OANDA3.17
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        6
        MAD
        Yes
      67. 67IronFX3.13
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        18
        Leverage
        30MA
        MAD
        Yes
      68. 68IG Markets3.07
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        13.6
        MAD
        Yes
      69. 69Fortrade2.46
        Onboards
        Local · AMMC
        Swap-free
        none, no limit
        Round turn, USD
        20
        Min deposit, USD
        100 group
        Leverage
        200MA
        MAD
        Yes

      How to read the ten below

      1. Start with the figure this page ranks on.

        Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.

      2. Check which company would onboard you.

        The same brand can take a resident of Morocco through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.

      3. Read the cost beside the deposit.

        The median round turn across this country is 6.0 USD and the median minimum deposit 50.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

      Neighbouring slices(6 rankings · 3 explainers)

      FAQ

      How many brokers qualify for this ranking in Morocco?
      69 of 75 brokers measured for this country qualify.
      Which broker leads it, and on what basis?
      Grand Capital leads it with a score of 4.67. The order is computed score, highest first; unscored brokers follow.
      What does a trade typically cost here?
      The median round turn - spread plus commission for one standard lot, in and out - is 6.0 USD across the brokers that publish both parts.
      Why do some rows show a dash instead of a figure?
      Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
      Why are only ten brokers shown here?
      This page explains the term; the ten illustrate it. The full ranking lists 69 of 75 and is one click away.

      How this slice is scored

      Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

      Verified · What changed · Sources(69 of 75 broker records)

      Verified01.10.2026
      data re-captured 28.09.2026

      Risk warning and affiliate disclosure

      CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.