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Written by: Krisztián G. Updated: Dec 2022
Expert verified
Our top alternative brokers to Spreadex
Trade Nation
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81.3% of retail CFD accounts lose money
FxPro
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79.27% of retail CFD accounts lose money
Spreadex Alternatives

The best alternatives to Spreadex are

  1. Trade Nation - Global forex and CFD broker
  2. FxPro - Global CFD and forex broker
  3. City Index - Global CFD and forex broker
  4. CMC Markets - Global CFD broker

Let's see in a bit more detail how the Spreadex alternatives compare to Spreadex and each other:

Spreadex alternatives comparison
Spreadex Trade Nation FxPro City Index CMC Markets
Overall score 4.4 stars 4.0 stars 4.2 stars 4.4 stars 4.4 stars
Fees score 4.3 stars 3.0 stars 3.8 stars 3.6 stars 3.5 stars
Account opening score 4.2 stars 5.0 stars 5.0 stars 5.0 stars 4.2 stars
Deposit and withdrawal score 4.3 stars 4.5 stars 4.5 stars 4.5 stars 4.9 stars
Web platform score 4.5 stars 4.5 stars 2.8 stars 4.3 stars 5.0 stars
Markets and products score 1.7 stars 1.4 stars 2.1 stars 2.3 stars 2.5 stars
Visit broker
81.3% of retail CFD accounts lose money
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79.27% of retail CFD accounts lose money
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75% of retail CFD accounts lose money
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76% of retail CFD accounts lose money

Why are these brokers considered good alternatives to Spreadex? There are many areas based on which Spreadex can be compared with others. When we say a given online broker is a good alternative to Spreadex we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Spreadex alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Spreadex is recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options
  • Trade Nation is recommended for spread, forex and cfd traders looking for a great trading platform and quality customer service
  • FxPro is recommended for forex and cfd traders looking for a broker with great account opening and familiar with metatrader platform
  • City Index is recommended for forex and cfd traders looking for low forex fees and great research tools
  • CMC Markets is recommended for forex and cfd traders looking for an advanced trading platform with many research tools

Important factors of finding Spreadex alternatives

So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Spreadex or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Spreadex is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Spreadex alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Spreadex, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Spreadex alternative is a must.


Now let's dive into the details of how Spreadex and its alternatives perform in the most important areas!

Spreadex alternatives
Trade Nation

Trade Nation is a global forex and CFD broker that was founded in 2014. It is regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), the Financial Sector Conduct Authority Commission (FSCA), and the Securities Commission of the Bahamas (SCB).

Trade Nation is considered safe because it is regulated by several top-tier financial authorities.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for spread, forex and cfd traders looking for a great trading platform and quality customer service

Pros
Cons
Free deposit and withdrawal
Slim product portfolio
Excellent research and education tools
No live chat
Good customer support
Desktop platform lacks safer login

Visit broker
81.3% of retail CFD accounts lose money

Fees
3.0

Trade Nation has low stock and index CFD fees, no inactivity and withdrawal fees. On the other hand, forex fees are high.
Pros
Cons
No inactivity fee
High forex fees
Low stock and index CFD fees
Spreadex vs. Trade Nation: Trading fees
Trade Nation Spreadex
Apple benchmark fee $0.7 $8.9
Vodafone benchmark fee $2.7 $6.7
EURUSD benchmark fee $25.4 $13.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
81.3% of retail CFD accounts lose money

Account opening
5.0

The account opening at Trade Nation is fully digital with no minimum deposit. Our account was verified within one business day.
Pros
Cons
Fast
None
Fully digital
No minimum deposit
Spreadex vs. Trade Nation: Minimum deposit, time to open an account
Trade Nation Spreadex
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Trade Nation minimum deposit, this overview will help you.

Visit broker More
81.3% of retail CFD accounts lose money

Deposit and withdrawal
4.5

Trade Nation offers free deposit and withdrawal options by bank transfer, credit card, and electronic wallet. Nevertheless, the account base currency selection covers only a few currencies.
Pros
Cons
Credit/Debit card available
Few minor account base currency available
Free withdrawal
No deposit fee
Spreadex vs. Trade Nation: Withdrawal options
Trade Nation Spreadex
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes No
Withdrawal fee $0 $0

Visit broker More
81.3% of retail CFD accounts lose money

Web trading platform
4.5

CoreTrader2, Trade Nation's own web trading platform, is user-friendly with a good search function and guaranteed stops. On the negative side, it lacks a two-step login.
Pros
Cons
User-friendly
No two-step (safer) login
Good search function
Guaranteed Stops
Web trading platform of Trade Nation, a Spreadex alternative
Spreadex vs. Trade Nation: Trading platform scores
Trade Nation Spreadex
Web platform score 4.5 stars 4.5 stars
Mobile platform score 4.3 stars 4.5 stars
Desktop platform score 3.4 stars -

Learn more about Trade Nation's web trading platform in the detailed Trade Nation review.

Visit broker
81.3% of retail CFD accounts lose money

Markets and products
1.4

Trade Nation's products are limited to Spread betting, forex and CFD trades. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
Spreadex vs. Trade Nation: Markets and products
Trade Nation Spreadex
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto No No

Visit broker More
81.3% of retail CFD accounts lose money

Verdict

All things considered, Trade Nation is a solid CFD/forex broker.

Its main advantages are the fully digital account opening with no minimum deposit and free withdrawal, excellent research and education tools, and superb customer support.

On the downside, its product portfolio is limited to just a few product types, as it offers spread betting, CFDs and forex instruments. There is no live chat, only a chatbot. The broker's trading platforms lack the safer, two-step login.

As trading fees are low and your account will be opened quickly, feel free to try Trade Nation.

Trade Nation
Summary Trade Nation is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients.
Fees score 3.0 stars
Recommended for Spread, forex and CFD traders looking for a great trading platform and quality customer service

Visit broker More
81.3% of retail CFD accounts lose money

Spreadex alternatives
FxPro

FxPro is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities globally, including the UK's top-tier Financial Conduct Authority (FCA).

FxPro is considered safe because it is regulated by the top-tier FCA and it has a relatively long track record.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.27% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for a broker with great account opening and familiar with metatrader platform

Pros
Cons
Superb account opening process
Only CFDs and forex
Great customer service
High trading fees for some stock CFDs
Free deposit and withdrawal
Inactivity fee

Visit broker
79.27% of retail CFD accounts lose money

Fees
3.8

FxPro has low forex fees and free deposit and withdrawal options. On the negative side, FxPro charges an inactivity fee, and stock CFD fees are high.
Pros
Cons
Low forex fees
Inactivity fee
No withdrawal fee
High stock CFD fees
Spreadex vs. FxPro: Trading fees
FxPro Spreadex
Apple benchmark fee $10.0 $8.9
Vodafone benchmark fee $16.1 $6.7
EURUSD benchmark fee $15.0 $13.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
79.27% of retail CFD accounts lose money

Account opening
5.0

FxPro account opening is hassle-free, straightforward and very fast; it may take less than two hours to verify your account.
Pros
Cons
Fast
None
Fully digital
Low minimum deposit
Spreadex vs. FxPro: Minimum deposit, time to open an account
FxPro Spreadex
Minimum deposit $100 $0
Time to open account 1 day 1-3 days

If you are interested more in FxPro minimum deposit, this overview will help you.

Visit broker More
79.27% of retail CFD accounts lose money

Deposit and withdrawal
4.5

FxPro offers free and fast deposit and withdrawal, via various channels including bank transfer, credit/debit cards and electronic wallets.
Pros
Cons
Credit/Debit card available
Few minor account currencies accepted
Free withdrawal
No deposit fee
Spreadex vs. FxPro: Withdrawal options
FxPro Spreadex
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes No
Withdrawal fee $0 $0

Visit broker More
79.27% of retail CFD accounts lose money

Web trading platform
2.8

FxPro offers several trading platforms. The MT4 platform we tested is highly customizable and has a clear fee report, but the platform lacks price alerts and the design is outdated.
Pros
Cons
Clear fee report
No two-step (safer) login
Good customizability (for charts, workspace)
No price alerts
Order confirmation
Poor design
Web trading platform of FxPro, a Spreadex alternative
Spreadex vs. FxPro: Trading platform scores
FxPro Spreadex
Web platform score 2.8 stars 4.5 stars
Mobile platform score 4.3 stars 4.5 stars
Desktop platform score 3.4 stars -

Learn more about FxPro's web trading platform in the detailed FxPro review.

Visit broker
79.27% of retail CFD accounts lose money

Markets and products
2.1

At FxPro you can trade CFDs of underlying asset classes including forex, stocks, commodities, futures and indices. However, popular products such as real stocks or ETFs are not available.
Spreadex vs. FxPro: Markets and products
FxPro Spreadex
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes No

Visit broker More
79.27% of retail CFD accounts lose money

Verdict

FxPro is regulated by several authorities globally, including the top-tier FCA.

On the plus side, opening an account is fast and takes place fully online and there are a lot of free deposit/withdrawal options. FxPro has great customer service, with many languages supported. 

FxPro has some drawbacks though. Its product range is limited to CFDs and forex. Its trading fees are generally low, but relatively high for some stock CFDs. A $15 one-off account maintenance fee and a monthly $5 fee is charged after 12 months of inactivity.* 

We recommend FxPro for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process. Feel free to test it via the demo account.

*May vary on jurisdiction

FxPro
Summary FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas. It is also licensed by South Africa's FSCA.
Fees score 3.8 stars
Recommended for Forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform

Visit broker More
79.27% of retail CFD accounts lose money

Spreadex alternatives
City Index

City Index is a global CFD and FX broker founded in 1983. City Index is the trading brand of StoneX Financial Ltd., whose parent company StoneX Group Inc. is listed on the NASDAQ Stock Exchange. The company is regulated by top-tier financial authorities, such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Monetary Authority of Singapore (MAS). 

City Index is considered safe because it has a long track record, it is regulated by top-tier financial authorities, and its parent company is listed on a stock exchange.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low forex fees and great research tools

Pros
Cons
Low fees for forex
Product portfolio limited to forex and CFDs
Fast and smooth account opening
High stock CFD fees
Diverse research tools
Non-user-friendly desktop platform

Visit broker
75% of retail CFD accounts lose money

Fees
3.6

City Index has low fees for forex trading and there is no withdrawal fee. On the other hand, stock CFD fees are high and an inactivity fee kicks in after one year.
Pros
Cons
Low forex fees
Inactivity fee
No withdrawal fee
High stock CFD fees
Spreadex vs. City Index: Trading fees
City Index Spreadex
Apple benchmark fee $22.7 $8.9
Vodafone benchmark fee $25.2 $6.7
EURUSD benchmark fee $13.8 $13.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
75% of retail CFD accounts lose money

Account opening
5.0

City Index's account opening process is fully digital and there is no minimum deposit. It took one day for us to get the account approved.
Pros
Cons
Fast
None
Fully digital
No minimum deposit
Spreadex vs. City Index: Minimum deposit, time to open an account
City Index Spreadex
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in City Index minimum deposit, this overview will help you.

Visit broker More
75% of retail CFD accounts lose money

Deposit and withdrawal
4.5

City Index provides multiple deposit and withdrawal options, all free of charge. However, withdrawal is not possible with some credit cards.
Pros
Cons
Credit/Debit card available
Problem with credit card withdrawal
Free withdrawal
No deposit fee
Spreadex vs. City Index: Withdrawal options
City Index Spreadex
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes No
Withdrawal fee $0 $0

Visit broker More
75% of retail CFD accounts lose money

Web trading platform
4.3

City Index's web trading platform is user-friendly and extremely customizable, with lots of order types. On the negative side, there is no two-step login.
Pros
Cons
User-friendly
No two-step (safer) login
Good customizability (for charts, workspace)
Good variety of order types
Web trading platform of City Index, a Spreadex alternative
Spreadex vs. City Index: Trading platform scores
City Index Spreadex
Web platform score 4.3 stars 4.5 stars
Mobile platform score 4.3 stars 4.5 stars
Desktop platform score 3.0 stars -

Learn more about City Index's web trading platform in the detailed City Index review.

Visit broker
75% of retail CFD accounts lose money

Markets and products
2.3

At City Index, you can only trade CFDs, forex and cryptos. Other popular asset classes, like real stocks or funds, are not available.
Spreadex vs. City Index: Markets and products
City Index Spreadex
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes No

Visit broker More
75% of retail CFD accounts lose money

Verdict

City Index is a great CFD and forex broker, regulated by top-tier financial authorities such as the UK's FCA.

On the positive side, it has low forex fees, a smooth account opening process and high-quality research tools.

It has some drawbacks though. The product portfolio is limited, stock CFD fees are quite high and the desktop platform lags behind its competitors.

As there is no required minimum balance, no withdrawal fee, and an inactivity fee only kicks in after one year, feel free to try City Index.

Below you can find links to all aspects of City Index in this comprehensive collection.

City Index
Summary City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, StoneX Group Inc. is listed on the NASDAQ Stock Exchange.
Fees score 3.6 stars
Recommended for Forex and CFD traders looking for low forex fees and great research tools

Visit broker More
75% of retail CFD accounts lose money

Spreadex alternatives
CMC Markets

CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange.

Having a long track record, being listed on a stock exchange and being regulated by top-tier authorities are great signs for CMC Markets' reliability.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for an advanced trading platform with many research tools

Pros
Cons
Low forex fees
High stock CFD fees
Great web and mobile platforms
Only CFDs are available
Advanced research and educational tools
Customer support only 24/5

Visit broker
76% of retail CFD accounts lose money

Fees
3.5

CMC Markets has competitive forex and stock index CFD fees, and no fee is charged for deposits and most withdrawals. However, stock CFD fees are high.
Pros
Cons
Low forex fees
High stock CFD fees
No withdrawal fee
Spreadex vs. CMC Markets: Trading fees
CMC Markets Spreadex
Apple benchmark fee $22.9 $8.9
Vodafone benchmark fee $23.4 $6.7
EURUSD benchmark fee $15.4 $13.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
76% of retail CFD accounts lose money

Account opening
4.2

The account opening process is fully digital and there's no minimum deposit.
Pros
Cons
Fully digital
None
No minimum deposit
Spreadex vs. CMC Markets: Minimum deposit, time to open an account
CMC Markets Spreadex
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in CMC Markets minimum deposit, this overview will help you.

Visit broker More
76% of retail CFD accounts lose money

Deposit and withdrawal
4.9

You can use multiple deposit/withdrawal options and CFD account base currencies. Withdrawals are mostly free, except for same-day or international bank withdrawals.
Pros
Cons
Credit/Debit card available
£15 fee for international bank transfers
No deposit fee
Several account base currencies
Spreadex vs. CMC Markets: Withdrawal options
CMC Markets Spreadex
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes No
Withdrawal fee $0 $0

Visit broker More
76% of retail CFD accounts lose money

Web trading platform
5.0

CMC's 'Next Generation' platform has a clean and modern design, is highly customizable, and boasts an advanced order panel. Two-step authentication is available for login.
Pros
Cons
Two-step (safer) login
None
Good customizability (for charts, workspace)
Modern design
Web trading platform of CMC Markets, a Spreadex alternative
Spreadex vs. CMC Markets: Trading platform scores
CMC Markets Spreadex
Web platform score 5.0 stars 4.5 stars
Mobile platform score 5.0 stars 4.5 stars
Desktop platform score 3.4 stars -

Learn more about CMC Markets's web trading platform in the detailed CMC Markets review.

Visit broker
76% of retail CFD accounts lose money

Markets and products
2.5

CMC Markets offers an exceptionally wide selection of CFDs and forex pairs, but you can't trade other popular asset classes such as real stocks or ETFs (except for Australian clients).
Spreadex vs. CMC Markets: Markets and products
CMC Markets Spreadex
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes No

Visit broker More
76% of retail CFD accounts lose money

Verdict

CMC Markets is overseen by top-tier regulators and is one of the best CFD and forex brokers out there.

On the plus side, it has low forex fees, well-developed trading platforms, and terrific research and educational tools.

There are also a few drawbacks, though. Stock CFD fees are high, and the product selection covers only CFDs (forex, indices, commodities, shares, shares baskets, ETFs, rates, and bonds), meaning no real stocks or ETFs available (except for Australian clients).

Feel free to test CMC Markets's first-class trading platform, as it has great features and requires no minimum deposit to open an account.

CMC Markets
Summary CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Fees score 3.5 stars
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools

Visit broker More
76% of retail CFD accounts lose money

Spreadex alternatives
Spreadex

Spreadex is a global CFD and forex broker founded in 1999. It is regulated by the top-tier UK Financial Conduct Authority (FCA). The company also operates a separate sports betting service.

Spreadex is considered safe because it has a long track record and is regulated by a top-tier financial authority.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options

Pros
Cons
Low forex fees
Thin product selection
Good web platform
No desktop platform
Helpful customer service
Limited research and education tools

Fees
4.3

Spreadex has low forex fees and low stock CFD fees, and it charges no inactivity fee.
Pros
Cons
Low forex fees
None
No inactivity fee
Spreadex alternatives trading fees
Spreadex Trade Nation FxPro City Index CMC Markets
S&P 500 index CFD fee $3.0 $2.5 $2.7 $2.6 $2.9
Europe 50 index CFD fee $1.6 $1.2 $2.1 $2.5 $2.6
EURUSD benchmark fee $13.7 $25.4 $15.0 $13.8 $15.4
GBPUSD benchmark fee $8.1 $25.6 $12.2 $8.8 $10.3

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX

Account opening
4.2

Opening an account at Spreadex is easy and straightforward, and involves no minimum deposit. However, account verification was a bit slow, taking us 2-3 business days.
Pros
Cons
Fully digital
Slower-than-average account verification
No minimum deposit
User-friendly
Spreadex alternatives minimum deposit and account open times
Spreadex Trade Nation FxPro City Index CMC Markets
Minimum deposit $0 $0 $100 $0 $0
Time to open account 1-3 days 1 day 1 day 1 day 1-3 days

Learn more about Spreadex minimum deposit here.

Deposit and withdrawal
4.3

Deposit and withdrawal, via bank transfer or credit/debit cards, are quick and mostly free. However, the account currency selection is rather average.
Pros
Cons
Credit/Debit card available
Average account currency selection
No deposit fee
Free withdrawal in most cases
Spreadex and alternatives withdrawal options and fees
Spreadex Trade Nation FxPro City Index CMC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card Yes Yes Yes Yes Yes
Electronic wallets No Yes Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

Web trading platform
4.5

The Spreadex trading platform is user-friendly, with a good search function, clear reports and guaranteed stop orders. However, it lacks a two-step login and is available only in English.
Pros
Cons
User-friendly
No two-step (safer) login
Clear fee report
Available only in English
Good search function
Guaranteed stop
Spreadex - Web trading platform
Spreadex and alternatives trading platform scores
Spreadex Trade Nation FxPro City Index CMC Markets
Web platform score 4.5 stars 4.5 stars 2.8 stars 4.3 stars 5.0 stars
Mobile platform score 4.5 stars 4.3 stars 4.3 stars 4.3 stars 5.0 stars
Desktop platform score - 3.4 stars 3.4 stars 3.0 stars 3.4 stars

Learn more about Spreadex's web trading platform in the detailed Spreadex review.

Markets and products
1.7

At Spreadex you can only trade forex, CFDs, and spread betting. Popular asset classes such as real stocks, ETFs, or bonds are missing.
Spreadex and alternatives markets and products
Spreadex Trade Nation FxPro City Index CMC Markets
Stocks No No No No No
ETFs No No No No No
Forex Yes Yes Yes Yes Yes
Funds No No No No No
Bonds No No No No No
Options No No No No No
Futures No No No No No
CFDs Yes Yes Yes Yes Yes
Crypto No No Yes Yes Yes

Verdict

Spreadex is a forex and CFD broker regulated by the top-tier UK FCA.

Spreadex has low forex fees; it offers a good web trading platform; and any problems or enquiries are taken care of by its helpful and fast customer service.

On the flip side, Spreadex's product portfolio is limited to forex and CFDs, meaning that popular asset classes such as real stocks or mutual funds are missing. In addition, there is no desktop platform, while the quality and quantity of research tools and education materials is quite poor.

As Spreadex has a user-friendly web platform and requires no minimum deposit, we encourage you to give it a try.

Spreadex
Summary Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients.
Fees score 4.3 stars
Recommended for Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options

Spreadex alternatives
Bottom line

Based on our analysis, there are several good alternatives to Spreadex. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Spreadex alternatives
Broker Info Recommended for
Spreadex Global CFD and forex broker Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options
Trade Nation Global forex and CFD broker Spread, forex and CFD traders looking for a great trading platform and quality customer service
FxPro Global CFD and forex broker Forex and CFD traders looking for a broker with great account opening and familiar with MetaTrader platform
City Index Global CFD and forex broker Forex and CFD traders looking for low forex fees and great research tools
CMC Markets Global CFD broker Forex and CFD traders looking for an advanced trading platform with many research tools

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His 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

Visit Spreadex
64% of retail CFD accounts lose money
Visit Trade Nation
81.3% of retail CFD accounts lose money
Visit FxPro
79.27% of retail CFD accounts lose money
Visit City Index
75% of retail CFD accounts lose money
Visit CMC Markets
76% of retail CFD accounts lose money

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