Compare ChoiceTrade vs Spreadex


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against Spreadex!

ChoiceTrade vs Spreadex
overall rating
4.1
4.3
overall pros
  • Commission-free listed stock and ETF trades
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Low forex fees
  • Good web platform
  • Helpful customer service
overall cons
  • High non-trading fees
  • Not user-friendly withdrawal
  • Limited product portfolio
  • Thin product selection
  • No desktop platform
  • Limited research and education tools
fees
4.4
  • Low trading fees
  • Commission-free stock trading
  • Withdrawal fee
  • Inactivity fee
4.0
  • Low forex fees
  • No inactivity fee
  • High stock index CFD fees
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • User-friendly
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slower-than-average account verification
deposit and withdrawal
0.8
  • No deposit fee
  • Credit/Debit card not available
  • High withdrawal fee
  • Withdrawal is excessively complicated
4.3
  • Credit/Debit card available
  • No deposit fee
  • Free withdrawal in most cases
  • Average account currency selection
web trading platform
1.5
  • Clear fee report
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • Poor search function
  • Design is very outdated
4.4
  • User-friendly
  • Clear fee report
  • Good search function
  • Guaranteed stop
  • No two-step (safer) login
  • Available only in English
mobile trading platform
3.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • Poor search function
  • No price alerts
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
2.8
  • Clear fee report
  • Good variety of order types
  • Good search function
  • Limited customizability (for charts, workspace)
  • No two-step (safer) login
  • No price alerts
markets and products
2.1
  • Stock
  • ETF
  • Options
1.7
  • Forex
  • CFD
research
2.9
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • Not user-friendly
1.9
  • Good financial/trading blog
  • No trading ideas
  • No/limited set of analytic tools
  • Limited fundamental data
customer service
3.9
  • Phone support
  • Fast response time
  • Professional tone
  • No live chat
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Demo account
  • Trading platform tutorial
  • Hard to navigate
  • Poor production quality
  • Not updated for a long time
1.3
  • Trading platform tutorial
  • No demo account
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Stock and options traders looking for low trading fees and focusing on the US market Forex and CFD traders looking for low fees and great deposit/withdrawal options
×