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SpreadCo Guide – Read our In-Depth SpreadCo Review

This SpreadCo review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this SpreadCo review does not apply to US users.

This SpreadCo review contains the latest information about SpreadCo.

If you are a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll acquire adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the right broker who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. SpreadCo is one such stage which will take you and your investment into great heights. It's important to know all about SpreadCo until you trust them with your money.

SpreadCo review

Our full SpreadCo Review covers all you will need to know about trading using SpreadCo. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you should trade with a broker service that aligns with your investing objectives.

There is no sure-fire way to ensure profits; thus, you must carefully analyze your agent before you select them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can put your investments at risk.

SpreadCo is a broker that has forged its way successfully into the brokerage world. In this review, we've tried to collate some of the important aspects of SpreadCo. This review will help you to understand whether SpreadCo is a fantastic match for your own investments or not. We've attempted to breakdown all of the features and fees for your advantage.

SpreadCo Review, Table Of Contents

Who are SpreadCo?

SpreadCo is a foreign exchange broker headquartered in London and provides a range of instruments for trading. Since its start in 2005, SpreadCo has emerged as a top-tier player in the field of online brokerage. SpreadCo includes an extremely aggressive and full-featured trading site that's focused on forex, indices, metals, stocks and commodities.

Over the past 16 years, SpreadCo has grown into one of the leading online brokers.

After establishing in 2005, their customer base has become as big as 10,000+ clients.

SpreadCo is a favorite for many traders.. Our SpreadCo review found that they are an excellent choice for automated trading solutions. It is most appropriate for investors who are searching for a variety of assets. Social and automated trading options are the core at SpreadCo.

Technology plays a significant role in SpreadCo. SpreadCo features trading on Web Trader, Tablet & Mobile apps. SpreadCo is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.

The trader resource section at SpreadCo is quite insightful for new dealers as it permits them to have a closer look at the financial markets. SpreadCo caters to all types of traders and are a must-have broker for almost any well-diversified approach to trading.

Benefits of trading with SpreadCo?

Trading with SpreadCo comes with numerous benefits. These advantages are what sets SpreadCo apart from the rest of the online brokers. You need to check all the benefits listed so you have a better comprehension of SpreadCo.

The broker goes to great lengths to understand what traders want. Consequently, the service cost is low, quick, and convenient. The agent also gives a number of programs for all types of traders. SpreadCo ensures that the individual needs of all online traders are duly met.

SpreadCo also features excellent trading conditions which are available to only an elite group of institutional clients. The tight spreads and fast executions are a great benefit for those traders. The technology embraced by SpreadCo is among the highest caliber, ensuring that it is fast, dependable, and efficient.

SpreadCo acknowledges the importance of owning a quick order execution. A fast execution enables users to exchange without worrying about slippage safely. It is going to also aid the dealers to catch the maximum profitable opportunities.

Automated trading is another important aspect of SpreadCo. A new dealer can learn from industry experts utilizing the automated trading option. The tight spread begins from as low as 0.0 pips, even though they are available for only razor balances.

SpreadCo has over trading instruments to support all kinds of traders. These tools are dynamic and convenient for both the new and seasoned traders. The dealers can put aside all their worries when trading using SpreadCo.

SpreadCo overview

Year Founded: 2005

Regulated By: Financial Conduct Authority (FCA)

Hedquarters: London

Minimum Deposit: $100

Number Of Clients: 10,000+

Losses can exceed deposits

If you feel that SpreadCo is not right for you then at the bottom of this SpreadCo review you wil find a lot of alternatives to SpreadCo.

Everything you should know about trading with SpreadCo

SpreadCo is a dynamic platform that offers various methods of trading online. These tools cover the monetary markets substantially. The Majority of the brokerage platforms offer fewer methods than SpreadCo

If you want to trade with SpreadCo, you will need a minimum deposit of $100. This deposit is required if you would like to begin trading using SpreadCo. This 2021 SpreadCo review will direct you easily about trading with them.

SpreadCo is as flexible as another brokerage platform. SpreadCo is excellent for traders that want a manageable assortment of cheap services. The programs supplied by SpreadCo are third party, white-label offerings. All traders can pick out of Web Trader, Tablet & Mobile apps.

Together with everything, SpreadCo has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept open. The brokers offer premium customer service which rewards customers with benefits.

Many less reputable brokers attempt to pressurise consumers into bigger funding for superior services. SpreadCo, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will become available.

SpreadCo accounts are available around the world and provides outstanding service wherever they have customers. There are some select few countries where SpreadCo accounts are not available. Traders in the following countries cannot open or use a SpreadCo account:

Is SpreadCo Safe To Trade With?

Established in 2006, SpreadCo has been open for 16 years, they have a head office in London.

SpreadCo is regulated by Financial Conduct Authority (FCA). These bodies have rules that ensure that trading platforms have measures in place to keep investor's assets secured. This usually means that SpreadCo users do not need to worry about their money since it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information as well.

You are able to make use of a choice for 2 Factor Authentications (2FA) with SpreadCo for increased security. An SMS with the verification code will be sent to your mobile phone. You will be asked to enter this code to log into your account.

Another concern with fiscal brokers is in respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more widespread in the example of Market Maker agents who compete with customers on the platform.

Pro's & Con's Of Trading With SpreadCo

Every online trading platform will have some pros and cons SpreadCo review would be complete without having a balanced approach. This SpreadCo review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

SpreadCo Pro's

  • SpreadCo is trusted by 10,000+ clients
  • SpreadCo doesn't charge inactivity fees
  • SpreadCo doesn't charge CFD fees
  • SpreadCo offer trading on Web Trader, Tablet & Mobile apps
  • SpreadCo offer trading instruments
  • SpreadCo trades major forex pairs
  • SpreadCo trades minor forex pairs
  • SpreadCo trades exotic forex pairs
  • SpreadCo can communicate in

SpreadCo Con's

  • SpreadCo does not offer Negative Balance Protection
  • SpreadCo does not offer Guaranteed Stop Loss
  • SpreadCo charge withdrawal fees
  • SpreadCo charge deposit fees
  • SpreadCo doesn't offer trading on cryptocurrencies

SpreadCo Review - Compare Brokers Similar To SpreadCo

SpreadCo Twine Ingot Brokers WellsTrade
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $100 $100 $1000 $30
Year Founded 2005 2008 2004 2008
Headquarters London USA Australia United States
Regulated By Financial Conduct Authority (FCA) Unregulated Australian Securities and Investment Commission (ASIC) Unregulated
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Losses can exceed deposits Your capital is at risk Losses can exceed deposits Your capital is at risk

SpreadCo Review - Regulation And Licencing In More Detail

SpreadCo is regulated by Financial Conduct Authority (FCA).

SpreadCo, as a company, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

In accordance with the organization's privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

SpreadCo Review - Awards

    At the time of writing this SpreadCo review, they had not received any awards.

SpreadCo Review - Minimum Deposit Required

The minimum deposit you need to get started on SpreadCo is $100. This is an adequate amount for those just beginning. It's possible to create more complex deposits as you go along. But, ensure you know how to make the most of your money before investing larger sums.

SpreadCo Review - Commission And Fees Explained

SpreadCo is an online brokerage platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients they have.

However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of penalties for this objective.

The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you're spending a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those who are charged when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.

In general, SpreadCo does not charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example daily or weekly trading.

But, non-trading fees charged by SpreadCo are comparatively lower. As a result, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of resources.

This SpreadCo review breaks down each of the applicable non-trading charges for you in detail.

Compare broker fees against SpreadCo

SpreadCo Twine Ingot Brokers WellsTrade
Minimum Deposit $100 $100 $1000 $30
Withdrawal Fees variable variable No variable
Inactivity Fees No No
Deposit Fees variable Yes
CFD Fees No No

SpreadCo Review - Withdrawal Fees Explained

SpreadCo charges a withdrawal fee when you create a bank transfer. Each time you move money into your bank accounts, these withdrawal charges become important.

Withdrawal of cash is possible at any time from your SpreadCo account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't always have to have any money on your account.

In addition, the withdrawn money will be moved directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent to the card. SpreadCo will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are opting to draw in.

SpreadCo Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your mind while open an account with SpreadCo. An inactivity fee is an amount charged to registered traders who haven't participated in purchasing or selling for some time. The period regarded as inactive is decided by the agent.

The inactivity fee differs from one broker to another and is not generalized. If a dealers account does not have a purchasing or selling trade, it is maintained by the agent as an inactivity charge. The traders have to pay this fee under conditions and terms that they had consented while enrolling.

SpreadCo doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no charges are implied by SpreadCo, it's better that you close the account if you're inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.

For additional trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is exposed to a lot of conditions and needs to be disclosed clearly by the agent beforehand.

SpreadCo Review - Deposit Fees Explained

When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most agents don't charge an excessive amount of money for this operation.

SpreadCo charges a deposit fee for transferring money into your trading account.

Depositing cash on the SpreadCo trading platform is simple. You just need to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial amounts.

SpreadCo Review - Compare Broker Deposit Methods

SpreadCo Twine Ingot Brokers WellsTrade
Minimum Deposit $100 $100 $1000 $30
Credit Card

What Can You trade With SpreadCo?

Note: SpreadCo provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can differ depending on the country of residence of the client.

SpreadCo has a wide variety of over instruments available for you to trade with.

If trading forex pairs is of interest to you then SpreadCo offer over 45 forex pairs.

Compare SpreadCo, Twine, Ingot Brokers & WellsTrade below.

SpreadCo Twine Ingot Brokers WellsTrade
Platforms Web Trader, Tablet & Mobile apps iPhone, iPad, Android, Tablet MT4, Tablet & Mobile apps iPhone, Tablet, Mac, Android, WEB
Instruments Available 268 100 254
Forex & Crypto
Forex Pairs Available 45 40
Offers Major Forex Pairs? Yes No Yes No
Offers Minor Forex Pairs? Yes No Yes No
Offers Exotic Forex Pairs? Yes No Yes No
Offers Cryptocurrencies? No No Yes No
Commodity CFD's
Commodities Offered 2 0 0 0
Trade Metals? Yes No Yes No
Trade Energies? Yes No Yes No
Trade Agricultural? Yes No Yes No
Indiced & Stock CFDs
Stocks Offered 1000 0 0 0
Trade UK Shares? Yes No Yes No
Trade US Shares? Yes No Yes No
Trade German Shares? Yes No No No
Trade Japanese Shares? No No No No

Losses can exceed deposits

Your capital is at risk

Losses can exceed deposits

Your capital is at risk

Alternatives To SpreadCo

If, after reading this SpreadCo review, SpreadCo does not fulfill your needs check out these SpreadCo alternatives.

We have scoured the web to find the best alternatives to SpreadCo. Click the hyperlinks below to find out more.

Frequently Asked Questions about SpreadCo

Can I try SpreadCo before I buy?

Yes, you can most certainly try SpreadCo before you buy. SpreadCo provides demo accounts for the ease of beginner traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.

If you sign up for a demo account on SpreadCo, you may set out using a decent amount of virtual money. It is to establish a sense of safety and confidence in you before you choose to spend your own money.

With this virtual SpreadCodemo account, you can experiment in any way, to whatever period you desire. You might also start positions, examine different trading strategies, and much more.

SpreadCo specifies on its official website which you can exchange real time stocks with your demo account.

Is SpreadCo safe?

It is possible to drop all your worries because we believe that SpreadCo is perfectly safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA).

Even so, SpreadCo does not provide assured stop-loss protection.

Why does SpreadCo ask for my passport?

The reason that SpreadCo asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, SpreadCo has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, SpreadCo must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with SpreadCo?

The process to start trading withSpreadCo is perhaps simple enough to be a cakewalk. You need to begin by signing up on the SpreadCo website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with SpreadCo is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with SpreadCo.

The best way to kickstart your trading career with SpreadCo is to open a demo account facility before risking any real money

What funding methods do SpreadCo accept?

There are a number of methods to finance your account with SpreadCo. The process is effortless and quick, with different payment methods at your fingertips.

You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must bear in mind that PayPal is not available in every country. The monies SpreadCo

Is my money safe with SpreadCo?

Yes, your cash is safe and secure with SpreadCo. As you already know, SpreadCo works with proper conformation to. It's established plenty of steps to guard all of its investors.

SpreadCo protects its clients' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further safeguard your accounts, you can enable Two-Step Verification also. It takes an SMS confirmation for you to access your accounts.

Is SpreadCo trading good?

Yes, trading through SpreadCo is a pleasant and good experience indeed. It's a great and intuitive platform with useful features for your simplicity. Moreover, you could also gain access to a vast collection of educational tools and assistive material to kickstart your trading experience.

If you remain skeptical, it is possible to start a eToro demo account and assess the credibility of the platform on your own.

Which Countries does SpreadCo support?

SpreadCo operates across the world. However, due to regulations there are some countries that SpreadCo cannot accept clients resident in

Is SpreadCo legit?

SpreadCo is a legit company headquarted in London since 2005. They are regulated by Financial Conduct Authority (FCA). SpreadCo is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is SpreadCo a good broker?

SpreadCo is a great agent, and its own users can vouch for this. The highlight of the platform is its fast order execution on trades.

You'll discover the clean layout of this platform along with the admirable features that a pleasure to work with.

Is SpreadCo a trustworthy broker?

Yes, SpreadCo is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for SpreadCo?

The minimum deposit to open a live account with SpreadCo is $100

How long do SpreadCo withdrawals take?

Normally, withdrawal of money from SpreadCo is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from SpreadCo to show in your bank account.

Are SpreadCo regulated?

SpreadCo are regulated by Financial Conduct Authority (FCA)

Is SpreadCo a market leading broker?

SpreadCo is indisputably among the business leaders. It supports over 10,000+ registered customers and over 16 years of experience on its own record. They are one of the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this status to its incredible platform and wide selection of tools plus resources so that you can invest in capital markets.

Is SpreadCo a con?

No, SpreadCo is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that SpreadCo is not a scam.

Can you make money with SpreadCo?

Through SpreadCo, several traders earn a great deal of cash. However, typically, through consistent trading, you can make between 2% - 10% profit a month.

This can look to be a little number, but over the year, this adds to a significant amount of gains. Even though SpreadCo supply you all of the tools to earn money, they can't guarantee that you will gain.

Does SpreadCo have fees?

Yes. To start trading using SpreadCo, you have to deposit $100. Particular commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.

When was SpreadCo founded?

SpreadCo was founded in 2005 in London. SpreadCo is regulated by Financial Conduct Authority (FCA).

How many people use SpreadCo?

SpreadCo is a globally recognised broker with 10,000+ clients.

Where is the SpreadCo head office?

SpreadCo has its head office in London

Does SpreadCo offer negative balance protection?

No. SpreadCo doesn't provide negative balance protection. If your balance is unfavorable, SpreadCo suggests that you contact customer services. For this, you can fix any imbalances in your own account.

Does SpreadCo offer guaranteed stop loss?

SpreadCo unfortunately, doesn't offer guaranteed stop loss. SpreadCo provides a chance to its traders to close their trade at their specified price. Aside from that, SpreadCo doesn't provide guaranteed stop loss.

Does SpreadCo allow scalping?

Yes, SpreadCo do allow scalping. Many traders throughout the world select SpreadCo due to their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which let this.

Does SpreadCo allow hedging?

Yes, SpreadCo does allow hedging.

Can you trade energies with SpreadCo?

Yes, you can trade energy stocks with SpreadCo

Can you trade agricultural shares with SpreadCo?

Yes, you can trade agricultural stocks with SpreadCo

Can you trade cryptocurrency with SpreadCo?

No, unfortunately you cannot trade cryptocurrency with SpreadCo

Can you trade metals with SpreadCo?

Yes, you can trade metals with SpreadCo

Can you trade UK Shares with SpreadCo?

Yes, you can trade UK shares with SpreadCo

Can you trade US Shares with SpreadCo?

Yes, you can trade US shares with SpreadCo

Can you trade Japanese Shares with SpreadCo?

No, unfortunately you cannot trade Japanese shares with SpreadCo

Can you trade German Shares with SpreadCo?

Yes, you can trade German shares with SpreadCo

Does SpreadCo accept bank transfers?

No, SpreadCo does not accept bank transfers.

Does SpreadCo accept credit cards?

No, SpreadCo does not accept credit cards.

Does SpreadCo accept PayPal?

No, SpreadCo does not accept PayPal.

Does SpreadCo accept Skrill?

No, SpreadCo does not accept Skrill.

Does SpreadCo accept Payoneer?

No, SpreadCo does not accept Payoneer.

Does SpreadCo accept Neteller?

No, SpreadCo does not accept Neteller.

Does SpreadCo offer Live Chat customer support?

No, SpreadCo does not offer customer support through live chat.

Does SpreadCo offer phone customer support?

No, SpreadCo does not offer customer support over the telephone.

Does SpreadCo offer email customer support?

No, SpreadCo does not offer customer support through email.

What languages can SpreadCo communicate in?

SpreadCo has the ability to communicate and support customers who speak:

Does SpreadCo have a wikipedia page?

No, SpreadCo does not have an official wikipedia page.

Does SpreadCo offer demo accounts?

Yes, SpreadCo offers demo accounts so you can learn their systems before risking any real money.