Forex Brokers

Spreadco

Spread Co is an online trading provider based in London, UK

Spread Co is an online trading provider based in London, UK, founded in 2006 and rated as one of the brokers offering the lowest spreads and lowest commissions. Spread Co is currently regulated by the Financial Conduct Markets Authority of the United Kingdom.

Security Analysis

Spread Co is currently regulated by the global AAA-level regulatory body - the UK FCA, which means that investors' capital security and trading activities can be protected by the game. But investors also need to pay attention to whether their investment accounts are opened under the supervision of the UK FCA.

Financial Instruments

With the Spread Co account, investors can trade in a wide range of global markets, from major indices, global stocks, to foreign exchange currency pairs, commodities, crude oil, precious metals and bitcoin, which can meet investors' extensive investment needs .

Account & Leverage

Spread Co has set up two different accounts, which are spread betting accounts and CFD accounts. The minimum deposit is £200 for a spread betting account and £250 for a CFD account. The leverage is 1:30 for foreign exchange pairs, 1:10 for commodities, and 1:5 for bitcoin futures.

Spread & Fees

On the Spread Co platform, the spread on EURUSD is 0.8 pips, the spread on US crude oil is 4 pips, the spread on gold is 4 pips, and the spread on Bitcoin/USD is 40 pips.

Trading Platform

Spread Co does not provide traders with the most popular MT4 trading platform, but an online trading platform developed in-house. This online trading platform requires no download, allows traders to customize their trading experience, and is suitable for both experienced and novice traders. In addition, traders can download the mobile app to easily trade anytime, anywhere.

Deposits

Spread Co supports traders to deposit and withdraw their investment accounts via credit card, debit card, wire transfer and popular e-wallet payment methods such as Skrill, Neteller. Spread Co does not charge traders any fees for deposits and withdrawals, and the minimum withdrawal amount is £50.

Pros &Cons

Spread CoThe main advantages are:

1. Regulated by FCA;

2. Rich trading assets;

3. The spread is competitive;

4. A variety of deposit and withdrawal methods;

Spread CoThe main disadvantages are:

1. Non-MT4/MT5 trading platform;

2. No live customer support;

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