Spread Co offers 2 live trading accounts, a Spead Betting account, CFD account. Spread Co also offers a Demo account where traders can learn the basics of Forex trading.
Spread Co At a Glance
| Broker's Name | Spread Co |
| 🏛️ Headquarters | London, England |
| 📅 Year Founded | 2005 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States |
| 📌 Accounts | Spread Betting CFD |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 33.3% |
| 👉 Sign Up Bonus | No |
| 💰 Minimum Deposit | $200 USD / R3200 ZAR |
| 💳 Spread | 0.8 pips |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Bank wire transfer Debit and credit card Skrill |
| 💳 Withdrawal Options | Bank wire transfer Debit and credit card Skrill |
| 📊 Platform Types | MetaTrader 4 ZuluTrade Myfxbook AutoTrade |
| 📶 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex – 38 currency pairs Equities – 1000 global equities Commodities – precious metals and energies ETFs – 100+ including technology and commodities ADRs Indices – including UK100, US30 and NDQ100 |
| 💬 Languages supported on Website | English only |
| 💬 Customer Support Languages | English only |
| ⏲️ Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 200
Regulators
FCA
Trading Platform
MT4, ZuluTrade, Myfxbook, AutoTrade
Crypto
No
Total Pairs
38
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Spread Co below.
Spread Co Account Types –9 key point quick overview:
Spread Co At a Glance- Spread Co Overview
- Spread Co Account Types
- Spread Co Account Features
- Spread Co Demo Account
- Spread Co Islamic Account
- Spread Co Pros and Cons
- Spread Co Conclusion
- Frequently Asked Questions
Spread Co Overview
Spread Co is a well-established spread betting and CFDs broker which is based in the United Kingdom and has been in operation since 2005.
Spread Co offers traders access to a wide range of assets, including Forex, equities, commodities, and ETFs, all of which can be traded on the broker’s advanced proprietary platform.
Spread Co is extremely well-regulated by the Financial Conduct Authority (FCA) and provides clients with a prominent level of deposit security by storing funds in segregated accounts and participating in a compensation scheme that ensures client deposits in case of broker insolvency.
Spread Co stands out for its transparent, competitive pricing, with tight spreads on all major currency pairs coupled with commission-free trading (commission is only charged on equities).
New traders can choose between a spread betting or CFD account, both of which can be opened through an easy online process for a minimum deposit of GBP200 and GBP250, respectively.
A demo account is also available to new traders for two weeks, allowing users to test out the broker’s features and tools before signing up for a live account.
Overall, Spread Co is an excellent choice for more experienced investors seeking portfolio diversification and advanced trading software.
Spread Co Account Types
| 💠Feature | 📈 CFD Account | 📈 Spread Account |
| 📊 Minimum Deposit | $200 USD / R3200 ZAR | $200 USD / R3200 ZAR |
| 📈 Spreads | 0.8 pips | from 0,0 pips to 0.8 pips |
| 💵 Fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees |
| 👉 Open an Account | 👉 Click Here |
Spread Co offers two account types, namely a Spread Betting account and a CFD account. Spread Co does not offer an Islamic Account.
The online application is easy to complete and should only take you a few minutes. Spread Co will need some personal details and information on your trading experience.
It is a requirement of the UK financial services regulator, the Financial Conduct Authority, that Spread Co verifies your identity. For the accounts department to do so you will need to provide the broker with the following documentation:
Proof of identity
One of the following:
- Valid Passport
- Valid National Identity Card
- Valid Full Photo Driving Licence UK/EU (if it was provided as a proof of identity then it cannot be used as proof of address)
Proof of Address
One of the following, to be dated within the last three months:
- A re-occurring utility bill (dated within the last 3 months – please note a mobile phone bill will not be accepted)
- A re-occurring bank, building society, credit card, mortgage, or other financial services provider statement (dated within 3 months)
- Letter from a Government Agency (e.g., Tax Office)
- Tenancy agreement (dated within 6 months)
- Valid Photo Driving Licence UK/EU (if it was provided as a proof of identity then it cannot be used as proof of address)
Spread Co will process your application within 24 hours, often much sooner (Monday – Friday). You will be notified of the status of your application by email.
On occasions, you may need to provide the broker with additional identification documentation to support your application and the accounts department will let you know by email if this is the case.
Spread Co Account Features
Spread Betting Account
- Tax-free profits
- Earn 2% interest on your balance*
- Spreads from 0.4
- Negative balance protection
- 0% financing on short index positions
- Professional charting package for free
- Minimum stakes from just £1. Retail margins from 3.33% on all major FX and from 5% on indices
- Accounts with valuations between £10k & £20k earn 2% interest annually
- Superior web and mobile platforms with rich functionality allowing you to manage positions on a consolidated basis or individual single positions
The spread betting account from Spread Co is further divided into the Spread Free Basic and the Spread Free Bronze.
The Spread Free Basic account is designed for passive traders who place a few trades a day and enables new traders to reduce their costs of trading.
The Spread Free Bronze account allows users to place more spread-free trades with larger position limits for a low monthly fixed fee trading.
CFD Account
- Trade a massive range of markets
- Do not pay any stamp duty when trading CFDs
- 0% financing on short index positions
- No commissions
- Superior web & mobile platforms with rich functionality allowing you to manage each position individually
- When you go short with a CFD on an index position overnight you will not pay a penny more with Spread Co. Financing costs for futures contracts are already built into the quoted price
- Equities charges start as low as 5 basis points (0.05%) for FTSE 100 Equities The account allows individual positions to be managed with the ability to match positions thus saving having to pay a spread to close
- You can match a position partially with another individual position
- As you never own the underlying asset when trading CFDs, you will not have to pay stamp duty
Spread Co Demo Account
The demo account from Spread Co is funded with £25,000 or equivalent in virtual funds and allows users to practice trading on the broker’s platform for a maximum period of two weeks.
Clients can also apply for a platform tour when signing up for the demo account. This will explain all the tools and features, and how to use the platform most effectively.
Spread Co Islamic Account
Spread Co does not offer an Islamic Account, which is a drawback as these accounts fulfill important roles, as described below.
Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.
With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.
Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.
Spread Co Customer Reviews
An excellent experience of Spreadco’s Client Services team
An excellent experience of Spreadco’s Client Services team over a number of years, in returning funds promptly and sending personalized emails.
I have been with spread co for 9 years
I have been with spread co for 9 years and always find the support staff helpful I keep an eye on other platforms, and their prices are always spot on, If I have had a problem. some always sort it out.
.having dealings with other C F D providers I find them the best.I can phone client services having not spoken to SURAJ for 6 months and he knows who I am….top people.
The Best thing about Spread Co is their …
The Best thing about Spread Co is their customer service and their Android app. The customer Service of Spread Co is top-notch. I don’t think I can find any broker with better customer support.
So big thanks to SpreaCo and their team.
Anurag
Spread Co Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated by FCA | MetaTrader not offered |
| Member of FSCS | Micro lots not available for trade |
| Average minimum deposit | No Islamic Account |
| Tight spreads | US Clients not allowed |
| Commission-free CFD trading | Only a few payment methods supported |
| Variety of tradable financial instruments | Only three supported deposit currencies |
| Demo Account available | Deposit and withdrawal fees charged |
| Adequate leverage offered | No bonuses offered |
| Comprehensive demo account features | Demo account expires after two weeks |
| Advanced trading platform | Withdrawal fees are charged |
| Highly regulated broker | |
| No deposit fees |
Spread Co Conclusion
Overall, Spread Co offers 2 live trading accounts, a Spread Betting account, CFD account. Spread Co also offers a Demo account where traders can learn the basics of Forex trading.
You might also like: Spread Co Review
You might also like: Spread Co Demo Account
You might also like: Spread Co Fees and Spreads
You might also like: Spread Co Minimum Deposit
You might also like: Spread Co Sign Up Bonus
Min Deposit
USD 200
Regulators
FCA
Trading Platform
MT4, ZuluTrade, Myfxbook, AutoTrade
Crypto
No
Total Pairs
38
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
How many instruments can I trade with Spread Co?
Spread Co offers access to the following assets and instruments: Forex – 38 currency pairs, Equities – 1000 global equities, Commodities – precious metals and energies, ETFs – 100+ including technology and commodities, ADRs, Indices – including UK100, US30 and NDQ100
Does Spread Co offer leverage?
Yes. The leverage ratio varies according to the product type and is in line with FCA regulations: Indices – 5%, Equities – 20%, Forex pairs – 3.33% or 5%, Commodities – 5% or 10%, Mini Markets – 3.33% or 5%
Are there additional charges on the Islamic account?
Spread Co does not offer an Islamic Account.
What are the account types offered by Spread CO?
Traders can choose between two Spread CO account types: A spread betting account and a CFD account.
Which platform types are supported by Spread Co?
Spread Co supports the Metatrader 4, ZuluTrade, Myfxbook and Autotrade platforms.
Top 4 Brokers
