Bulbrokers
Spreadex
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while Spreadex was established in 1999 and is based in UK. Bulbrokers holds licences including Financial Services Authority (FSA), while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Bulbrokers serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $100 at Bulbrokers and $0 at Spreadex.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2000 | 1999 |
| Country | Bulgaria | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bulbrokers). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers MT5, cTrader, while Spreadex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Spreadex supports social and copy trading features, which Bulbrokers does not offer. Spreadex edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and Spreadex compare. Spreadex runs regular live webinars; Bulbrokers does not. Spreadex has a video library; Bulbrokers does not. Spreadex publishes daily market commentary; Bulbrokers does not. Spreadex integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. Spreadex maintains an archive of past webinars for on-demand viewing. Spreadex scores higher overall in education and research.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Spreadex supports 3 (bank transfer, credit/debit card, Skrill). Spreadex uniquely supports Skrill among the two brokers. Spreadex scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and Spreadex supports 1, giving Bulbrokers broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |