Is Spreadex free?
Spreadex does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with Spreadex though, then you will find the fees they charge below.
Overview of Spreadex fees and charges
It's safe to say that Spreadex's fees are low in general. They either don't charge a brokerage fee for things that other brokers do, or they only charge a small amount.
Here's a high-level overview of Spreadex's fees
|Assets||Fee level||Fee terms|
|US stock fee||-||Not available|
|EURUSD fee||Low||Individual Account: the fees are built the into the spread; the average spread cost is 0.6 pips during peak trading hours.|
|US mutual fund fees||-||Not available|
|Inactivity fee||Low||No inactivity fee|
Spreadex fees explained
- Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
- A commission is either fixed or based on the traded volume.
- A spread is the difference between the buy price and the sell price.
We compare Spreadex fees with its closest competitors, ActivTrades and FxPro.
Want to stay in the loop?
Sign up to get notifications about new BrokerChooser articles right into your mailbox.
Spreadex trading fees
Spreadex's trading fees are low, which makes it suitable for you even if you trade often (i.e. several times a week).
Let's break down trading fees according to the different asset classes available at Spreadex.
Spreadex's trading fees are low.
Spreadex's forex fees are low.
|EURUSD benchmark fee||$6.7||$7.9||$8.8|
|EURGBP benchmark fee||$8.0||$9.3||$10.1|
Spreadex has low CFD trading fees.
Spreadex non-trading fees
When it comes to non-trading fees, Spreadex is a rather cheap broker.
Non-trading fees include various brokerage fees and charges at Spreadex that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.
Spreadex deposit fee
Usually, brokers don't charge anything for deposits, and Spreadex is no different.
Spreadex withdrawal fee
Spreadex generally doesn't charge a withdrawal fee.
|Withdrawal fee for bank transfer||$0||$0||$0|
Spreadex inactivity fee
Spreadex does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).