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Spreadex Guide – Read our In-Depth Spreadex Review

This Spreadex 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 Spreadex review does not apply to US users.

This Spreadex review contains the latest information about Spreadex.

If you're a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of broker as you continue trading. For starters, you need to select the ideal agent who will be clear with you always.

In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan will generate hefty returns. Spreadex is just one such platform which will take you and your investment into great heights. It's important to understand about Spreadex before you trust them with your money.

Spreadex review

Our full Spreadex Review covers everything you need to know about trading using Spreadex. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.

Spreadex is a broker which has found its way successfully to the brokerage world. Within this review, we have attempted to collate some of the important aspects of Spreadex. This review will allow you to understand whether Spreadex is a good match for your investments or not. We have tried to breakdown all of the features and fees for your convenience.

Spreadex Review, Table Of Contents

Who are Spreadex?

Spreadex is a foreign exchange broker headquartered in UK and provides a range of tools for trading. Since its start in 1999, Spreadex has emerged as a leading player in the industry of online brokerage. Spreadex has an extremely competitive and full-featured trading website that is focused on forex, indices, metals, stocks , commodities.

Over the past 22 years, Spreadex has grown into one of the leading online brokers.

After establishing in 1999, their consumer base has become as big as 10,000+ clients.

Spreadex is the favorite of many dealers.. Our Spreadex review found that they're an superb alternative for automated trading options. They're most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the heart at Spreadex.

Technology plays a substantial role at Spreadex. Spreadex offers trading on Web Trader, Tablet & Mobile apps. Spreadex is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.

The trader resource department at Spreadex is very insightful for new traders as it allows them to get a closer look in the financial markets. Spreadex caters to all types of traders and are a must-have broker for any well-diversified method of trading.

Benefits of trading with Spreadex?

Trading with Spreadex comes with numerous benefits. These benefits are what sets Spreadex ahead of all other online agents. You should check all of the advantages listed so that you have a better comprehension of Spreadex.

The broker goes to great lengths to comprehend what traders need. As a result, the support cost is low, quick, and convenient. The broker also gives a variety of platforms for all kinds of traders. Spreadex helps to ensure that the individual needs of all online traders are completely met.

Spreadex also includes excellent trading conditions which are available to only an elite class of institutional clients. The tight spreads and quick executions are a great benefit for the traders. The technology embraced by Spreadex is among the highest caliber, making sure that it is fast, reliable, and efficient.

Spreadex acknowledges the significance of owning a quick order execution. A quick execution will allow users to trade without worrying about slippage safely. It is going to also aid the traders to grab the utmost profitable opportunities.

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

Spreadex has over 15,000 trading tools to support all kinds of traders. These instruments are dynamic and suitable for both the new and experienced traders. The dealers can put aside all their worries when trading with Spreadex.

Spreadex overview

Year Founded: 1999

Regulated By: Financial Conduct Authority (FCA)

Hedquarters: UK

Minimum Deposit: $1

Number Of Clients: 10,000+

Losses can exceed deposits

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

What you should know about trading with Spreadex

Spreadex is a lively platform that provides various procedures of online trading. These instruments cover the monetary markets substantially. Most of the broker platforms offer less approaches than Spreadex

If you want to trade with Spreadex, you'll require a minimum deposit of $1. This deposit is mandatory if you wish to begin trading with Spreadex. This 2021 Spreadex review will direct you easily about trading with them.

Spreadex is as versatile as any other brokerage platform. Spreadex is ideal for traders that want a manageable selection of low-cost services. The programs offered by Spreadex are third party, white-label offerings. All traders can choose out of Web Trader, Tablet & Mobile apps.

Along with everything, Spreadex has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade must be kept available. The agents provide premium client service which rewards customers with benefits.

Many unprofessional brokers try to pressurise consumers into larger funding for premium services. Spreadex, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the further benefits will become available.

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

Is Spreadex Safe To Trade With?

Established in 2006, Spreadex has been open for 22 years, they are headquarted in UK.

Spreadex is regulated by Financial Conduct Authority (FCA). These figures have rules that ensure that trading platforms have measures in place to keep investor's resources procured. This means that Spreadex users don't need to worry about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's personal information also.

You can make use of an option for Two Factor Authentications (2FA) with Spreadex for increased safety. An SMS for the verification code will be sent to your mobile phone. You'll be required to input this code to log in to your accounts.

Another concern with fiscal brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. However, this is much more widespread in the case of Market Maker agents who compete with customers on the stage.

Pro's & Con's Of Trading With Spreadex

Every online trading platform has some ups and downs, and no Spreadex review would be complete without showing both sides. This Spreadex 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.

Spreadex Pro's

  • Spreadex is trusted by 10,000+ clients
  • Spreadex offers Guaranteed Stop Loss
  • Spreadex doesn't charge withdrawal fees
  • Spreadex doesn't charge inactivity fees
  • Spreadex doesn't charge deposit fees
  • Spreadex doesn't charge CFD fees
  • Spreadex offer trading on Web Trader, Tablet & Mobile apps
  • Spreadex offer 15,000 trading instruments
  • Spreadex trades major forex pairs
  • Spreadex trades minor forex pairs
  • Spreadex trades exotic forex pairs
  • Spreadex offers trading on cryptocurrencies
  • Spreadex can communicate in English

Spreadex Con's

  • Spreadex does not offer Negative Balance Protection

Spreadex Review - Compare Brokers Similar To Spreadex

Spreadex Euro Pacific Bank FP Markets Commonwealth Securities
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1 $100 $100 $5000
Year Founded 1999 1978 2005 1999
Headquarters UK Puerto Rico Australia Australia
Regulated By Financial Conduct Authority (FCA) Office of the Commissioner of Financial Institutions (OCIF) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC)
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

Spreadex Review - Regulation And Licencing In More Detail

Spreadex is regulated by Financial Conduct Authority (FCA).

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

In accordance with the company's privacy regulations, client information is never to be shared with some other institutions or individuals. This includes credit history and other financial information.

Spreadex Review - Awards

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

Spreadex Review - Minimum Deposit Required

The minimum deposit you need to begin on Spreadex is $1. This is a decent amount for those just starting out. You can create more complex deposits as you cooperate. But, make certain that you understand how to make the most of your cash before investing larger amounts.

Spreadex Review - Commission And Fees Explained

Spreadex is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the number of customers they have.

But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of penalties for this objective.

The first kind of fees to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing money, not trading for long periods, or withdrawals.

In general, Spreadex does not charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees billed by Spreadex are relatively lower. Consequently, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of assets.

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

Compare broker fees against Spreadex

Spreadex Euro Pacific Bank FP Markets Commonwealth Securities
Minimum Deposit $1 $100 $100 $5000
Withdrawal Fees No variable No variable
Inactivity Fees No No
Deposit Fees No Yes
CFD Fees No Yes

Spreadex Review - Withdrawal Fees Explained

Spreadex doesn't charge withdrawal fees

Withdrawal of money is possible at any moment from your Spreadex account. You can draw sums up to the amount of your account balance, keeping aside the margin used. 1 thing to remember is that you don't necessarily have to have any money in your accounts.

In addition, the withdrawn money will be moved directly to the account you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn money will be sent to the card. Spreadex will ask you to offer other withdrawal methods in case your details have changed since your deposit.

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

Spreadex Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your mind when open an account with Spreadex. An inactivity fee is an amount charged to registered traders that haven't participated in purchasing or selling for some time. The period considered inactive is determined by the broker.

The inactivity fee differs from one agent to another and isn't generalized. If a dealers account doesn't have a purchasing or selling transaction, it's claimed by the agent as an inactivity fee. The traders have to pay this commission under conditions and terms that they had consented while enrolling.

Spreadex doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees have been indicated by Spreadex, it's best that you close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is exposed to a lot of conditions and should be revealed clearly by the agent beforehand.

Spreadex Review - Deposit Fees Explained

When you move money in your trading account from the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation.

Spreadex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Spreadex trading platform is simple. You just need to complete a single-user profile survey to start depositing money into your trading account. You'll have to give an identity proof and evidence of residency to deposit substantial sums.

Spreadex Review - Compare Broker Deposit Methods

Spreadex Euro Pacific Bank FP Markets Commonwealth Securities
Minimum Deposit $1 $100 $100 $5000
Credit Card Yes
PayPal No
Neteller No
Skrill Yes
Payoneer Yes

What Can You trade With Spreadex?

Note: Spreadex offers a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can differ depending on the country of residence of the client.

Spreadex has a wide variety of over 15,000 instruments available for you to trade with.

If trading forex pairs is of interest to you then Spreadex offer over 55 forex pairs.

Compare Spreadex, Euro Pacific Bank, FP Markets & Commonwealth Securities below.

Spreadex Euro Pacific Bank FP Markets Commonwealth Securities
Platforms Web Trader, Tablet & Mobile apps iPhone/iPad, Mac, Desktop, MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Metatrader 4 - desktop, iOS and Android versions available.
Instruments Available 15,000 90 100 79
Forex & Crypto
Forex Pairs Available 55 60
Offers Major Forex Pairs? Yes No Yes Yes
Offers Minor Forex Pairs? Yes No Yes No
Offers Exotic Forex Pairs? Yes No Yes No
Offers Cryptocurrencies? Yes No Yes No
Commodity CFD's
Commodities Offered 16 0 18 0
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No Yes Yes
Trade Agricultural? Yes No Yes Yes
Indiced & Stock CFDs
Stocks Offered 1000 0 18 0
Trade UK Shares? Yes No Yes No
Trade US Shares? Yes No Yes No
Trade German Shares? Yes No Yes No
Trade Japanese Shares? Yes No Yes No

Losses can exceed deposits

Your capital is at risk

Losses can exceed deposits

Your capital is at risk

Alternatives To Spreadex

If, after reading this Spreadex review, Spreadex doesn't quite meet your requirements check out these Spreadex alternatives.

We've scoured the web to find the best alternatives to Spreadex. Click on the hyperlinks below to learn more.

Frequently Asked Questions about Spreadex

Can I try Spreadex before I buy?

Yes, you can most certainly try Spreadex before you buy. Spreadex offers demo accounts for the ease of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.

If you sign up for a demonstration account on Spreadex, you will set out with a decent amount of virtual money. It is to establish a sense of security and confidence in you before you choose to invest your own money.

With this virtual Spreadexdemo account, you can experiment at all, to whatever length you wish. You can also start positions, test different trading strategies, and more.

Spreadex specifies on its official site that you are able to trade real time stocks with your demo account.

Is Spreadex safe?

It is possible to drop all your worries since we believe that Spreadex is totally safe to use. It is in compliance with all the rules of Financial Conduct Authority (FCA).

To its credit, Spreadex does provide assured stop-loss protection.

Why does Spreadex ask for my passport?

The reason that Spreadex 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, Spreadex 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, Spreadex 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 Spreadex?

The process to start trading withSpreadex is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Spreadex 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 Spreadex is $1. 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 Spreadex.

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

What funding methods do Spreadex accept?

There are a number of methods to fund your account with Spreadex. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit 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 all country. The currencies Spreadex

Is my money safe with Spreadex?

Yes, your money is safe and protected with Spreadex. As you already know, Spreadex works with proper conformation to. It has established lots of steps to protect all of its investors.

Spreadex safeguards its customers' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further safeguard your account, it is possible to enable Two-Step Verification as well. It takes an SMS affirmation for you to access your accounts.

Is Spreadex trading good?

Yes, trading via Spreadex is a nice and decent experience indeed. It is a great and intuitive platform with helpful features for your ease. In addition, you could also obtain access to a vast collection of educational resources and assistive material to kickstart your trading expertise.

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 Spreadex support?

Spreadex operates around the world. However, due to regulations there are some countries that Spreadex does not accept clients resident in

Is Spreadex legit?

Spreadex is a legit company headquarted in UK since 1999. They are regulated by Financial Conduct Authority (FCA). Spreadex 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 Spreadex a good broker?

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

You will discover the clean design of the platform along with the admirable features that a pleasure to work with.

Is Spreadex a trustworthy broker?

Yes, Spreadex 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 Spreadex?

The minimum deposit to open a live account with Spreadex is $1

How long do Spreadex withdrawals take?

Normally, withdrawal of money from Spreadex 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 Spreadex to show in your bank account.

Are Spreadex regulated?

Spreadex are regulated by Financial Conduct Authority (FCA)

Is Spreadex a market leading broker?

Spreadex is indisputably one of the business leaders. It has over 10,000+ registered users and over 22 years of expertise on its record. They are among the world's leading trading platforms and a prominent figure in the Fintech revolution.

It majorly owes this standing to its unbelievable platform and wide range of resources plus tools so you can put money into capital markets.

Is Spreadex a con?

No, Spreadex 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 Spreadex is not a scam.

Can you make money with Spreadex?

Using Spreadex, several traders earn a lot of cash. But on average, through consistent trading, you also can create between 2% - 10% profit a month.

This may seem like a small number, but within the year, this adds to a substantial number of gains. Even though Spreadex supply you all of the tools to make money, they cannot guarantee that you will profit.

Does Spreadex have fees?

Yes. To begin trading using Spreadex, you need to deposit $1. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.

When was Spreadex founded?

Spreadex was founded in 1999 in UK. Spreadex is regulated by Financial Conduct Authority (FCA).

How many people use Spreadex?

Spreadex is a worldwide recognised agent with 10,000+ clients.

Where is the Spreadex head office?

Spreadex has its head office in UK

Does Spreadex offer negative balance protection?

No. Spreadex does not offer negative balance protection. If your balance is negative, Spreadex indicates that you promptly contact client services. For this, you can fix any imbalances within your own account.

Does Spreadex offer guaranteed stop loss?

Yes, Spreadex provide a guaranteed Stop Loss order.

If there's absolutely no free margin left with the customer, Spreadex will stop your own positions. If the losses in the stopped out location exceeds your account balance, you might experience a negative account balance.

Does Spreadex allow scalping?

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

Does Spreadex allow hedging?

Yes, Spreadex does allow hedging.

Can you trade energies with Spreadex?

Yes, you can trade energy stocks with Spreadex

Can you trade agricultural shares with Spreadex?

Yes, you can trade agricultural stocks with Spreadex

Can you trade cryptocurrency with Spreadex?

Yes, you can trade cryptocurrency with Spreadex

Can you trade metals with Spreadex?

Yes, you can trade metals with Spreadex

Can you trade UK Shares with Spreadex?

Yes, you can trade UK shares with Spreadex

Can you trade US Shares with Spreadex?

Yes, you can trade US shares with Spreadex

Can you trade Japanese Shares with Spreadex?

Yes, you can trade Japanese shares with Spreadex

Can you trade German Shares with Spreadex?

Yes, you can trade German shares with Spreadex

Does Spreadex accept bank transfers?

Yes, Spreadex accepts bank transfers for depositing money.

Does Spreadex accept credit cards?

Yes, Spreadex accepts credit cards for depositing money.

Does Spreadex accept PayPal?

No, Spreadex does not accept PayPal.

Does Spreadex accept Skrill?

Yes, Spreadex accepts Skrill for depositing money.

Does Spreadex accept Payoneer?

Yes, Spreadex accepts Payoneer for depositing money.

Does Spreadex accept Neteller?

No, Spreadex does not accept Neteller.

Does Spreadex offer Live Chat customer support?

Yes, Spreadex offers customer support through live chat.

Does Spreadex offer phone customer support?

Yes, Spreadex offers customer support over the telephone.

Does Spreadex offer email customer support?

Yes, Spreadex offers customer support through email.

What languages can Spreadex communicate in?

Spreadex has the ability to communicate and support customers who speak: English

Does Spreadex have a wikipedia page?

No, Spreadex does not have an official wikipedia page.

Does Spreadex offer demo accounts?

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