Spreadex: The Ultimate Destination For Indian Casino Gaming – Spreadex is a British CFD and Forex broker. Spreadex has low forex fees and low non-trading fees. It offers an easy-to-use web trading platform with the most commonly used search and ordering functions. Customer support is fast and helpful across all channels. On the other hand, Spreadex’s product portfolio is limited to forex and CFDs only, and lacks popular asset classes such as real stocks. There is no desktop trading platform. Finally, the research tools are limited and the teaching part is very poor. gave Spreadex a score of 4.4/5 based on analyzing more than 500 criteria and testing by opening a live account.

You cannot open an account with Spreadex if you live in the United States. Check out the best alternative available in your country.

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Individual Account: Fees are part of the spread; the spread cost is 0.4 points during peak hours.

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Individual Account: Fees are part of the spread; the spread cost is 2 points during peak hours.

The cost is included in the spread, the average spread cost during peak hours is 0.6 pips.

We have rated Spreadex’s fee levels as low, medium or high based on how they compare to those of all brokers reviewed.

First, let’s look at some basic terms regarding brokerage fees. What you need to keep an eye on is trading fees and non-trading fees.

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In the sections below you will find the most relevant Spreadex fees for each asset class. For example, in the case of forex and stock index trading, the main costs are spreads, commissions and funding rates.

We also compared the Spreadex rates with the rates of two similar brokers we selected, Trade Nation and FxPro. This selection is based on objective factors such as the products offered, customer profile, rate structure, etc. See a more detailed overview of Spreadex alternatives.

We know it is difficult to compare trading fees for CFD brokers. So how did we tackle the problem of making their rates clear and comparable? We compare brokers by calculating all typical transaction costs for selected products.

A typical trade involves buying a leveraged position, holding it for a week, and then selling it. For volume, we chose a position of $2,000 for the stock index and stock CFDs and $20,000 for the forex trades. The leverage we used was:

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These benchmark costs all include spreads, commissions and funding costs for each broker. Let’s look at the verdict for Spreadex fees.

Spreadex has low non-trading fees. Unlike many of its competitors, Spreadex does not charge an inactivity fee. There are no account fees, while most deposit and withdrawal options are also free.

Opening an account with Spreadex is simple and straightforward and requires no minimum deposit. However, account verification was a bit slow and took us 2-3 business days.

Spreadex’s minimum required deposit is $0. This is great if you want to start trading with only lower amounts.

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You can open a Spread Betting account and a CFD trading account with Spreadex. In a unique feature, Spreadex allows you to also use your Spread Betting or CFD trading account to bet on sports games or in casinos.

Opening an account with Spreadex is completely digital and quite simple. However, account verification was a little slow as our account took two business days to verify.

To start the process, first fill in your name, email address and country of residence; then select an account type and click ‘Create my account’. Your account will be created immediately and you will be able to preview the trading platform, but you will need to fill in additional information to activate your account and start trading:

Deposits and withdrawals, via wire transfer or credit/debit cards, are fast and usually free. However, the account currency selection is quite average.

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At Spreadex you can choose from 3 base currencies: GBP, USD and EUR. It’s not the most impressive choice on the market.

Why is this important? Because of two reasons. If you deposit funds into your trading account in the same currency as your bank account or if you trade assets in the same currency as the base currency of your trading account, you will not be charged a conversion fee.

A convenient way to save on currency conversion fees is to open a multi-currency bank account with a digital bank. These usually offer bank accounts in different currencies with great exchange rates, as well as free or low-cost international wire transfers. Opening an account only takes a few minutes on your phone.

Spreadex does not charge a deposit fee in most cases, although it reserves the right to charge £1 for deposits made with a debit card of less than £50.

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You can deposit money by bank transfer or credit/debit card. However, you cannot use electronic wallets, which is a disadvantage compared to some of the company’s competitors.

Spreadex’s standard withdrawal fee is $0. This applies to credit/debit card withdrawals and domestic bank transfers (BACS) in the UK. A one day payment in sterling (CHAPS) in the UK costs £25. International bank transfers and bank transfers in currencies other than GBP are subject to an additional charge.

You can use the same options for withdrawal as for deposit; this means that electronic wallets are not supported.

How long does it take to withdraw money from Spreadex? We tested the debit card withdrawal and it took 2 business days.

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The Spreadex trading platform is easy to use, with a good search function, clear reports and guaranteed stop orders. However, it lacks two-step login and is only available in English.

Spreadex has its own advanced web trading platform. It is only available in English, a disadvantage compared to some of the company’s closest competitors.

The Spreadex web trading platform is easy to use. The platform is customizable; you can easily move the tabs. However, the design is a bit dated.

The search features of the platform are good. You can search by typing an item name or browse through different categories.

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A guaranteed stop means that your site will always be stopped at that level; unlike a regular stop, which can be susceptible to yawning during times of great market volatility. Guaranteed stops will always be filled at the chosen level regardless of market slippage. Additional fees are included in the trade price for guaranteed stops. Custom stops cannot be changed to guaranteed stops once a trade has been placed.

Spreadex has clear portfolio reports, although they do not include a breakdown of accommodation costs. You can find the reports by clicking on ‘My account’ and then on ‘Statements’. You can also download them in PDF format.

Spreadex has a well-designed and easy-to-use mobile trading platform with a good search function, but lacks advanced login options such as two-step authentication or biometrics.

You cannot log in using biometric authentication such as Touch/Face ID. Having this feature would provide an easier login experience.

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The app’s search features are good. You can search by typing an item name or browse through different categories.

You can easily set up alerts and notifications on the Spreadex mobile trading platform, in the form of email, SMS or push notifications.

At Spreadex you can only trade forex, CFDs and spread betting. Popular asset classes such as real stocks, ETFs or bonds are missing.

Spreadex is primarily a CFD and Forex broker, which explains the lack of other popular asset classes such as real stocks, ETFs, bonds, options or futures. If you are not familiar with CFDs, read this article.

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Disclaimer: CFDs are complex instruments and have a high risk of losing money quickly 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.

Spreadex currency pair, stock index CFD, ETF CFD and commodity product options CFD are considered average compared to peer brokers.

On the positive side, Spreadex’s CFD offering is quite good, with around 3,000 assets at the time of our review.

You cannot change the leverage levels with Spreadex, which is a disadvantage. Being able to change the leverage manually is a very useful feature when you want to reduce the risk of your trade. Always be careful when trading Forex and CFDs as default leverage levels can be too high.

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Spreadex has a good market analysis on its blog, but unfortunately this does not compensate for the lack of trading ideas, limited basic data and a poor choice of analytical tools.

You can find all the research tools on the Spreadex trading platform and on its website under the ‘Analysis’ tab.

Spreadex provides some basic data, which can be accessed through an economic calendar. However, this feature is quite limited, as historical data is not available for all indicators, and even if available, only actual values ​​from the past are shown, not expected values ​​at the time that.

It would also be great to have impact categorization and the ability to filter for certain types of events.

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Spreadex has OK card equipment. Some editorial tools are not so intuitive; among other things, you cannot change the length of a trendline and you can only change indicator settings after you have added it.

You can use 58 technical indicators, which is rather average. The charts show historical data going back to

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