Forex.com
Spreadex
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders looking for low fees and great research tools
Recommended for Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options
USA
UK
Fees
Low trading and average non-trading fees, low forex fees
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
3
Deposit type
Withdrawal type
Account opening
$100
$0
1-3 days
1-3 days
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 73% 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.
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.
Research, education
Great
Mid-range
Customer service
Security
£85,000 for clients under FCA, CAD 1 million for clients under IIROC, no investor protection for other clients
£85,000
2001
1999
USA, UK, Canada, Japan, Cayman Islands, Cyprus, Hong Kong, Singapore, Australia
UK
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Forex.com's service is on par with Spreadex's and a comparison of their fees shows that Forex.com's fees are slightly higher than Spreadex's.
Account opening takes about the same effort at Forex.com compared to Spreadex, deposit and withdrawal processes are about the same quality at Forex.com, while customer service quality is lower than Spreadex's.
Our experts rated the trading platform of Forex.com as somewhat worse than the platform of Spreadex, found that clients have access to slightly more markets and products with Forex.com, while Spreadex provides less useful research and education.