SpreadEx Fees, Spreads and Commission are subject to the 1 account type that is offered namely the Spread account. SpreadEx spread list starts from 0.06 pips. Leverage ranges from 1:300. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $0.00 USD / R0.00 ZAR.
SpreadEx At a Glance
| Broker's Name | SpreadEx |
| 🏛️ Headquarters | United Kingdom |
| 📅 Year Founded | 1999 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States, Canada |
| 📌 Accounts | Spread Betting CFD |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| ✴️ Institutional Accounts | Yes |
| 👨🏼💼 Managed Accounts | Yes |
| ⬆️ Maximum Leverage | 1:3000 |
| 👉 Sign Up Bonus | Yes |
| 💰 Minimum Deposit | No deposit prescribed |
| 💳Fees | No Deposit or withdrawal fees |
| 💳 Deposit Options | Credit or Debit Cards, Direct Bank transfer or cheque. |
| 💳 Withdrawal Options | Credit or Debit Cards, Direct Bank transfer or cheque. |
| 📊 Platform Types | SPREADEX proprietary platform |
| 📶 OS Compatibility | Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable assets offered | CFD, Forex, Crypto, Stocks, Spread betting |
| 💬 Languages supported on Website | English |
| 💬 Customer Support Languages | English |
| ⏲️ Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 0
Regulators
FCA
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our SpreadEx below.
SpreadEx Fees, Spreads and Commissions – 7 key point quick overview:
SpreadEx At a Glance- SpreadEx Overview
- SpreadEx Additional Trading Fees
- SpreadEx Broker Fees
- SpreadEx Customer Reviews
- SpreadEx Pro and cons
- Frequently Asked Questions
SpreadEx Overview
SpreadEx spreads start from 0.6 pips on EUR/USD.
The broker offers tight spreads and does not charge any commissions for trade executions but collects a brokerage fee from the spreads.
The spread list and fee schedule which is offered by SpreadEx is transparent as well.
Price spreads vary throughout the day depending on factors such as available liquidity (supply and demand), market forces, volatility, and the trading session.
SpreadEx Additional Trading Fees
When trading financial instruments such as forex, traders can often expect that overnight, or swap fees will be charged when positions are held for longer than a trading day.
It is not clear on SpreadEx’s website if short positions or long positions that are held overnight will be charged with swaps. However, traders will incur rollover charges based on your position size.
The funding charge is based on the one-month London Interbank Offer Rate (LIBOR) + a SPREADEX Charge per annum. For FTSE 350 stocks the charge is 3%.
Therefore, if LIBOR were 0.5%, the total daily funding charge to a long position would be (0.5% + 3%) / 365 = 0.0096% of the total position value.
For more information on the swaps that traders can expect, traders can contact customer services.
SpreadEx Broker Fees
SpreadEx does not charge deposit fees or withdrawal fees on most of its payment methods.
SpreadEx has low non-trading fees and charges no inactivity fee. The broker charges no deposit fees in most cases, although it reserves the right to charge £ 1 on debit card deposits under £ 50.
Traders also need to ensure that they verify additional charges which may be waived by their financial institution. In addition, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
SpreadEx Customer Reviews
Excellent service
Highly recommend it, never had any issues always fast and reliable.
Easy to use and very efficient
Easy to use and very efficient, with a great range of markets!
Excellent Company
Excellent Company. It is a desirable and right place for anyone who enjoys financial trading.
SpreadEx Pro and cons
| ✔️ Pros | ❌ Cons |
| FCA regulated | No demo account |
| High leverage for professionals | Only one account type |
| FCA regulated | Clients from the United States and Canada not accepted |
| Segregated accounts | Demo account not provided |
| Loyal customers are rewarded | Limited base account currencies |
| Referral bonus offered | Limited payment methods offered |
| Sign-up, welcome or deposit bonus offere | Offers only one live account type |
| Various promotions on offer | No MetaTrader 4 |
| Client funds kept in separate accounts | No Islamic Account provided for Muslim traders |
| Competitive trading conditions offered | |
| Regulated through FCA | |
| The proprietary trading platform offered | |
| Focusses on spread betting | |
| No account charges | |
| No deposit fees or withdrawal fees charged | |
| Transparent fee schedule |
SpreadEx Conclusion
Overall, SpreadEx offers 1 account type which is the Spread account. SpreadEx spread list starts from 0.06 pips. Leverage ranges from 1:300. Standard lot sizes and commissions are determined on the account selected. With a minimum deposit that is $0.00 USD / R0.00 ZAR.
Min Deposit
USD 0
Regulators
FCA
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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Frequently Asked Questions
What is the overall rating out of 10 for SpreadEx?
The overall score for SpreadEx is 6/10.
Does SpreadEx charge withdrawal fees?
Yes, withdrawals fees are charged by SpreadEx and the fee amount is dependent on the withdrawal payment option selected.
Does spread betting cost apply to SpreadEx?
Yes, spread betting costs do apply to SpreadEx account
Is SpreadEx regulated?
Yes. SpreadEx is regulated by the FCA.
Does SpreadEx charge inactivity fees?
No, SpreadEx does not charge inactivity fees.
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