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Is Spreadex free?

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
2w ago
Personally tested Personally tested
Data-driven Data-driven
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Is Spreadex free as of April 2024?

Disclaimer: 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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.

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64% of retail CFD accounts lose money

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4.4 4.4 /5
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64% of retail CFD accounts lose money

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

Spreadex Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee Low The fees are built into the spread, 0.6 pips is the average spread cost during peak trading hours.
US mutual fund fees - Not available
Inactivity fee Low No inactivity fee

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64% of retail CFD accounts lose money

Spreadex fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • 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.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare Spreadex fees with its closest competitors, Trade Nation and FxPro.

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64% of retail CFD accounts lose money

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.

Trading fees

Spreadex's trading fees are low.

Forex fees

Spreadex's forex fees are low.

Forex fees of a $20,000 30:1 position (open, 1-week-hold and close)
EURUSD benchmark fee
$9.8 $30.1 $11.8
EURGBP benchmark fee
$10.1 $11.0 $12.1

Data updated on April 3, 2024

CFD fees

Spreadex has average CFD trading fees.

CFD fees and commissions on a $2,000 trade
Apple CFD
$4.2
$2.1
$2.1
Vodafone CFD
$6.3
$3.6
$2.7
Germany
- - -

Data updated on April 3, 2024

Currency conversion fee

Spreadex will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: Exchange rate received from liquidity providers plus a mark-up. We used the EURUSD trading fees for the calculation..

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64% of retail CFD accounts lose money

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.

A high-level overview of how Spreadex stacks up in terms of non-trading fees
Withdrawal fee
$0
$0
$0
Deposit fee
$0
$0
$0
Inactivity fee
No
No
Yes
Account fee
No
No
No

Data updated on April 3, 2024

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64% of retail CFD accounts lose money

BrokerChooser score
4.4 4.4 /5
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64% of retail CFD accounts lose money

Spreadex deposit fee

Usually, brokers don't charge anything for deposits, and Spreadex is no different.

Spreadex deposit methods
Bank transfer
Yes Yes Yes
Credit/debit card
Yes Yes Yes
Electronic wallets
No Yes Yes
Deposit fee
$0
$0
$0

Data updated on April 3, 2024

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64% of retail CFD accounts lose money

Spreadex withdrawal fee

Spreadex generally doesn't charge a withdrawal fee.

Spreadex withdrawal fees and options compared
Bank transfer
Yes Yes Yes
Credit/debit card
Yes Yes Yes
Electronic wallets
No Yes Yes
Withdrawal fee for bank transfer
$0
$0
$0

Data updated on April 3, 2024

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64% of retail CFD accounts lose money

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).

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64% of retail CFD accounts lose money

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Author of this article

Krisztián Gátonyi

Method-Man | Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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