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SpreadEx Review

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: A
Open SpreadEx's Website

Losses can exceed deposits. Your capital is at risk.

SpreadEx offer three ways to trade: Spread Betting, CFDs, Forex and Binary Options.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, SpreadEx offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 8835). SpreadEx puts all client funds in a segregated bank account and uses tier-1 banks for this. SpreadEx have been established since 1999, and have a head office in .

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

Open a demo account Visit SpreadEx

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

PROS

  • Segeregates client funds
  • Established in 1999
  • Regulated by Financial Conduct Authority
  • Min. deposit from $1

CONS

What are SpreadEx's spreads & fees?

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

SpreadEx fixed spread is not available. If you believe this is incorrect please fill in our form

See all Spreads

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:

SpreadEx AvaTrade Plus500
Spread from: $6.00 $7.00 $10.00
Typical overnight fee: $0.00 $5.00 $9.40
Commission: 0 0 0
Total cost of a 100k trade: $6 $12 $19.4
+$6.00 more +$13.40 more
Visit SpreadEx Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • SpreadEx doesn't charge inactivity fees
  • SpreadEx withdrawal fees varies on payment method

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is $Not available
  • the roll over fee for short positions on EUR/USD is $Not available

Commissions

  • SpreadEx doesn't charge commission on CFD shares

What instruments can you trade with SpreadEx?

FX / Currencies SpreadEx AvaTrade Plus500
# of forex pairs offered
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs SpreadEx AvaTrade Plus500
# of commodities offered
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs SpreadEx AvaTrade Plus500
# of Stocks offered 1000 99 1816
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares No Yes Yes
See SpreadEx's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the SpreadEx trading experience like?

1) Platforms and apps

SpreadEx 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.

SpreadEx Screenshot See SpreadEx's Platforms

SpreadEx 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 SpreadEx's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss

Accounts offered:

  • Demo account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

SpreadEx allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. SpreadEx allow you to execute a maxium trade of Variable.

As a market maker, SpreadEx 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, SpreadEx offer margin up to 0.05% on currencies.

Finally, we‘ve listed some of the popular funding methods that SpreadEx offers its traders on the right.

Funding methods:

3) Client support

SpreadEx support a limited number including English

SpreadEx have a BrokerNotes A support rating because SpreadEx offer over three languages and email and phone support.

CFDs are leveraged products and can result in the loss of your capital. All information collected from https://www.spreadex.com/ on November 21, 2017.