Forex EE
Spreadex
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while Spreadex was established in 1999 and is based in UK. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Forex EE serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $100 at Forex EE and $0 at Spreadex.
| Feature | Forex EE | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Ministry of Economic Affairs in Estonia | Financial Conduct Authority (FCA), registration number 190941 |
| Founded | 2008 | 1999 |
| Country | Grenadines | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex EE 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 Forex EE). Forex EE charges withdrawal fees while Spreadex does not, a notable advantage for frequent withdrawers. Overall, Spreadex scores higher on fees in our assessment.
| Feature | Forex EE | Spreadex |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Forex EE 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 Forex EE does not offer. Spreadex edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | Spreadex |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex EE and Spreadex compare. Spreadex runs regular live webinars; Forex EE does not. Both provide video tutorials. Spreadex publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Spreadex maintains an archive of past webinars for on-demand viewing. Spreadex scores higher overall in education and research.
| Feature | Forex EE | Spreadex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE 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 | Forex EE | 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 Forex EE and Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE supports 2 languages and Spreadex supports 1, giving Forex EE broader global reach. Both brokers are comparable on support quality.
| Feature | Forex EE | Spreadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |