Spread Co offer two ways to trade: Forex, CFDs and Spread Betting.
To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, Spread Co offer 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 have 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.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
What are Spread Co's spreads & fees?
The 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.
EUR/USD0.8 PIPS $0 per lot
The average spread for EUR/USD across all brokers on BrokerNotes is 0.82 pips. See popular brokers for trading EUR/USD
USD/JPYNot offered $0 per lot
The average spread for USD/JPY across all brokers on BrokerNotes is 0.91 pips. See popular brokers for trading USD/JPY
GBP/USDNot offered $0 per lot
The average spread for GPB/USD across all brokers on BrokerNotes is 1.18 pips. See popular brokers for trading GBP/USD
The average spread for Bitcoin across all brokers on BrokerNotes is 31.13 pips. See popular brokers for trading Bitcoin
The average spread for gold across all brokers on BrokerNotes is 8.62 pips. See popular brokers for trading gold
The average spread for DAX30 across all brokers on BrokerNotes is 14.95 pips. See popular brokers for trading DAX30
Example: How much would it cost to trade 1 lot of EUR/USD?
If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:
|Typical overnight fee:||$15.70||$5.00||$9.40|
|Total cost of a 100k trade:||$15.7||$12||$19.4|
|+$3.7 saving||+$3.70 more|
|Visit Spread Co||Visit AvaTrade||Visit Plus500|
All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.
What instruments can you trade with Spread Co?
|FX / Currencies||Spread Co||AvaTrade||Plus500|
|# of forex pairs offered||40||59||61|
|Major forex pairs||Yes||Yes||Yes|
|Minor forex pairs||Yes||Yes||Yes|
|Exotic forex pairs||Yes||Yes||Yes|
|Commodity CFDs||Spread Co||AvaTrade||Plus500|
|# of commodities offered||2||16||17|
|Indiced & Stock CFDs||Spread Co||AvaTrade||Plus500|
|# of Stocks offered||1000||99||1816|
|See Spread Co's Instruments||See AvaTrade's Instruments||See Plus500'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 both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.
Spread Co also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.See Spread Co's platforms
2) Executing Trades
Spread Co allow you to execute a minimum of 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 a ECN broker who benefit from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Spread Co offer margin up to % on currencies.
Finally, we‘ve listed some of the popular funding methods that Spread Co offers its traders on the right.
3) Client support
Spread Co support a limited number including English, and German
Spread Co have a BrokerNotes double AA support rating because Spread Co offer live chat, phone, email support and less than three languages.
CFDs are leveraged products and can result in the loss of your capital. All information collected from https://www.spreadco.com/ on November 21, 2017.