61.8% of retail investor accounts lose money when trading CFDs with this provider

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Spread Co Review

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Spread Co is a forex, CFD and spread betting broker. They give traders access to major markets like currencies, indices, commodities and shares.


  • Used by 5,000+ traders
  • Established in 2005
  • Regulated by Financial Conduct Authority
  • Min. deposit from $100


To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, Spread Co offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 446677). Spread Co puts all client funds in a segregated bank account and uses tier-1 banks for this. Spread Co has been established since 2005, and have a head office in .

Before we dive into some of the more detailed aspects of Spread Co’s spreads, fees, platforms and trading features, you may want to open Spread Co’s website in a new tab by clicking the button below in order to see the latest information directly from Spread Co.

Visit Spread Co

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Spread Co screenshot Open a demo account

61.8% of retail investor accounts lose money when trading CFDs with this provider

What are Spread Co's spreads & fees?

Like most brokers, Spread Co takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The commisions and spreads displayed below are based on the minimum spreads listed on Spread Co’s website. The colour bars show how competitive Spread Co's spreads are in comparison to other popular brokers featured on BrokerNotes.

Spread Co
EUR/USD (Average: 0.7 pips) 0.8 pips 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) Not offered 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) Not offered 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) Not offered 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) Not offered 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Spread Co’s minimum spread for trading EUR/USD is 0.8 pips - which is relatively high compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Spread Co vs. similar brokers.

See all Spreads

How much does Spread Co charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Spread Co at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $15.7. Here’s a rough breakdown of the fees and how this compares against IG & XTB .

Spread Co IG XTB
Spread from: $ 0.00 $ 6.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 6.00 $ 2.00
$6 more $2 more
Visit Spread Co Visit IG Visit XTB

All fees/prices are for informational purposes and are subject to change.

What can you trade with Spread Co?

Spread Co offers over 1,157 different instruments to trade, including over 40 currency pairs. We’ve summarised all of the different types of instruments offered by Spread Co below, along with the instruments offered by IG and XTB for comparison.

FX / Currencies Spread Co IG XTB
# of forex pairs offered 40 90 48
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies* No Yes Yes
Commodity CFDs Spread Co IG XTB
# of commodities offered 2 34 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs Spread Co IG XTB
# of stocks offered 1000 8000 1606
UK shares Yes Yes Yes
US shares Yes Yes Yes
German shares Yes Yes Yes
Japanese shares No Yes Yes
See Spread Co's InstrumentsSee IG's InstrumentsSee XTB's Instruments

What’s the Spread Co trading experience like?

1) Platforms and apps

Spread Co offer a user-friendly custom trading platform, available as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here

Spread Co Screenshot

Spread Co also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See Spread Co's platforms

2) Executing Trades

Spread Co allows you to execute a minimum trade of £1. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Spread Co may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Spread Co offers its traders below.

Trading Features:

  • Allows hedging
  • Low min deposit

Accounts offered:

  • Demo account
  • Standard account

Funding methods:

  • Credit cards
  • Bank Transfer
  • Skrill
  • Payoneer

3) Client support

Spread Co support a limited number including English and German.

Spread Co has a BrokerNotes D support rating because Spread Co less customer support features compared to other brokers like live chat, phone and email support.

4) What you’ll need to open an account with Spread Co

As Spread Co is regulated by Financial Conduct Authority , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Spread Co’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Spread Co you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. *Availability subject to regulation.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.spreadco.com/ on 01/10/2021.