Spread Co Review

| June 5, 2016 | 0 Comments

Company Overview

An FCA-regulated company, Spread Co is said to be one of the prime forex broker companies based in the UK, providing forex trading, spread betting and contracts for difference (CFD). With its offices in Singapore and London, it services clients from all over the world. It was founded in 2006, and the latest version of Spread Co was instigated in 2009. Since its formation, it has tried to meet the expectations of its clients and turned out to be very successful and satisfactory.

Trading Platform

Unlike the majority of other trading companies, Spread Co provides its free self-developed trading platform which is called Saturn Trader. It includes position monitoring, order management, news, and charts to keep clients aware of daily market variation. It is accessible through the web browser and iOS and Android devices. For security reasons, Spread Co doesn’t allow its clients to log in from different platforms at the same time.

Spread Co offers a demo account and two sorts of live accounts, which are Standard account and Limited Risk account. A demo account is accessible on request for thirty days with virtual $25,000. All of the live accounts have a base currency in USD, GBP, and EUR. In Standard account, stop losses are optional, whereas in Limited Risk account, there is a guaranteed stop order. A minimum initial funding for trading on both accounts is 100 EUR or currency equivalents, whereas spreads on forex are as low as 0.8 pips and maximum leverage is up to 150:1.

Clients can trade on across 2500 distinct products. They can pick any of the products from FTSE 250 stocks, a wide variety of sector-based products, and other prime markets. Products included in its commodities list are soybean oil, copper, rough rice and many more. Spread Co is famous for providing the lowest spreads, especially on US crude oil at just four pips.

Spread Co offers convenient and straightforward funding options. Clients can make deposits through credit card, UK debit cards, bank transfer and Skrill.

Features

  • A well-regulated company by the FCA
  • Top spread betting company
  • Fixed spread and low margins
  • 24-hour trading
  • Web-based and downloadable trading platform
  • Free news, analysis, economic calendar, and press on the website

Customer Service

Clients can contact Spread Co through calls and emails. It provides three different numbers and emails for client services, dealing desk and new accounts. Spread Co is open from Monday to Friday from 8 am to 6 pm (UK time) for client’s services and inquiries related to new accounts, whereas for dealing desk, it is available from Sunday 10 pm to Friday 10 pm (UK time).

Conclusion

Spread Co has been working in the Forex market for ten years and has provided its clients with the best of the best. From fixed spreads to lowest commissions, it has proved itself to be one of the most ambitious forex company in the trading market. Still, it needs to do more work on its educational tools and needs to add a variety of languages to its support system.

Office website: https://spreadco.com/

Category: Reviews

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