FBRForex Broker Rating
ET
Written by Editorial Team
Updated
Spreadex Trading logo

Spreadex Trading Review

Overall Rating
3.8 / 5
Fees
4.5 / 5
Safety
4.5 / 5
Platforms
4.0 / 5
Education
3.0 / 5
Min. deposit
$5

Spreadex Trading — At a Glance

Regulation
FCA (United Kingdom)
Broker Type
Market Maker
Minimum Deposit
$5
Payment Methods
Bank Transfer, Credit Card, Debit Card
Account Currencies
GBP, USD, EUR
Assets Offered
Forex, CFDs, Spread Betting
Trading Platforms
Spreadex Web Platform, Spreadex Mobile App, TradingView
Demo Account
No
Maximum Leverage
1:30
Spread Type
Variable
Spread From
0.6 PIPS
Commission
No commission
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
50
Swap Free Account
No
Managed Account
No
PAMM / MAM Trading
No
Joint Account
Yes
Social / Copy Trading
No
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
No
VPS Hosting
No
Bonuses
No
Contests
No
Headquarters
Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU, United Kingdom
International Offices
United Kingdom
Languages
English
Customer Support
Live Chat, Email, Telephone

Pros & Cons

Pros

  • +FCA-regulated UK broker
  • +Fast and easy account opening
  • +Demo account available for practise
  • +Low forex tarding fees
  • +Low CFD fees
  • +Fast and secure payment methods
  • +No minimum deposit
  • +Negative balance protection
  • +Free deposit and withdrawal
  • +No inactivity fee
  • +User-friendly web and mobile platforms
  • +TradingView access/integration
  • +Good customer support service

Cons

  • Limited product selection
  • Platform choice is Limited
  • No support for MetaTrader 4 and 5
  • Basic research and trading tools
  • Educational content is limited
  • No integrated social, copy, and PAMM trading feature

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.