Spread Co vs Spreadex

Spread Co or Spreadex – which is better for UK traders 2024? Compare Spread Co and Spreadex in this detailed breakdown of their platforms, features and fees.

Spread Co vs Spreadex Comparison Table 2024
Spread Co Spreadex
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3.5
Spread Co is ranked #94 among CFD brokers. Spreadex is ranked #29 among CFD brokers.
Review
Review
Spread Co offers spread betting and CFDs with competitive trading conditions. Spreadex is an FCA-regulated broker that offers spread betting opportunities on an impressive 10,000+ CFD instruments including 60 forex pairs. Traders can also take short-term positions on sporting events. The brand has been around for over 20 years and has won multiple awards.
Pros
  • There's an excellent range of instruments and trading vehicles for short-term traders
  • Spreadex gives UK traders the opportunity to make tax-free profits through spread betting
  • A rare broker that provides access to lower market cap stocks traded on the AIM
  • There are some attractive new account promotions, including double the odds and matched betting offers
  • Traders have the opportunity to bet on sports events from their brokerage account
  • There's a good selection of signals, analysis tools and risk management tools, including guaranteed stops
  • The broker offers an easy-to-use proprietary charting platform and mobile app
Cons
  • The lack of a demo account will frustrate prospective clients who want to test Spreadex's services
  • The limited customer service can make it time-consuming to troubleshoot problems
  • The proprietary terminal lacks comprehensive charting features of platforms like MT4 and MT5
  • There's no support for expert advisors or other trading bots
  • No third-party e-wallets are accepted
Awards
  • Best Spread Betting Provider - 2020 COLWMA Awards
  • Best Mobile Trading Platform - 2020 ADVFN Awards
  • Best Trading Alerts System - 2020 ADVFN Awards
  • Best Spread Betting Provider - 2019 GMG Awards
FCA Regulated
Yes Yes
Instruments
Spread betting, CFDs, forex, indices, shares, commodities, ETFs, ADRs Forex, CFDs, Indices, Commodities, Stocks, Crypto, Bonds, Interest Rates, ETFs, Options, Spread Betting
Demo Account
Yes No
Minimum Deposit
£200 £0
Payment Methods
Minimum Trade
£0.10 £0.01
Regulator
FCA FCA
Mobile Apps
Yes iOS & Android
Trading App

Spreadex delivers a first-rate mobile trading app on iOS and Android, featuring sophisticated charts with intervals from 1 tick to 1 month and 10+ years of historical data. Price alerts are also easy to set up using the bell icon next to each asset, ensuring you don’t miss opportunities. However, integration of features like the economic calendar and market updates could be improved, as they redirect you to an external browser, dampening the mobile trading experience.
iOS App Rating
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4.5
Android App Rating
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4.5
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
No
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
£0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Commodities
  • Gold
  • Silver
  • Oil
  • Gold
  • Cocoa
  • Silver
  • Coffee
  • Copper
  • Cotton
  • Platinum
  • Natural Gas
CFD
Trade with leveraged CFDs on popular financial markets. Trade CFDs on Spreadex's diverse list of instruments with leverage up to 1:30 and highly competitive spreads. While this broker's USP is spread betting, the excellent trading terms and range of markets makes it an equally good choice for CFD trading.
Leverage
1:20 1:30
FTSE Spread
1.0 1.0
GBPUSD Spread<
1.0 0.9
Oil Spread
4.0 2.8
Stocks Spread
Variable 0.15%
Forex
Spread Co offers trading on a long list of online currencies with competitive spreads. Trade on 60+ forex pairs with no commission and competitively tight spreads from 0.6 on major pairs such as EUR/USD. This is a good selection of forex pairs and excellent pricing for commission-free trading, well below the industry average.
Assets
38 60+
GBPUSD Spread
1.0 0.9
EURUSD Spread
0.8 0.6
EURGBP Spread
1.0 0.9
Cryptocurrency
Spreadex offers spread betting on Bitcoin, Bitcoin Cash, Ether, Litecoin and Ripple in pairs with USD, allowing traders to make leveraged bets on crypto price movements through a derivative contract without owning the digital assets.
Spread
1 - 140 pips
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Spread Co Spreadex
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