SpreadCo Alternatives: Pros & Cons Updated for 2024
This alternatives to SpreadCo guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to SpreadCo to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to SpreadCo like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that SpreadCo is not quite right for you then it would be worth getting a demo account with a lot of the top SpreadCo alternatives and ensuring that they are a better fit for you before moving any money around.
The most detailed guide to SpreadCo alternatives on the web
There are a lot of reasons SpreadCo may not be a good fit for your trading needs. Whatever reason you are hunting for the top SpreadCo alternative or SpreadCo competitor with similar services, comparebrokers.org will always try to give you as much useful information so you can find what it is you need. Below you can discover the top SpreadCo alternatives.
For each of the alternative to SpreadCo, we break down the key differences to SpreadCo and for each section show you the best alternatives. For every SpreadCo alternative online broker listed we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with SpreadCo, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a reputable and dependable online broker is vital to your trading success. All of the SpreadCo alternative platforms shown in this SpreadCo alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
SpreadCo has a minimum desposit of $100, you should see how the minimum deposit requirements of SpreadCo compare with the minimum deposit requirements of SpreadCo competitors. Trading platforms often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your individual trading needs.
Alternatives Offering Virtual Portfolio Accounts
SpreadCo offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
Below we show some of the best alternatives to SpreadCo that offer demo accounts.
Alternatives Offering Negative Balance Protection
SpreadCo doesn't offer negative balance protection. If your balance is negative, SpreadCo suggests that you promptly contact customer services. Then you are able to fix any imbalances within your own account.
Below we detail some of the best alternatives to SpreadCo that have negative balance protection.
Broker | Offers Negative Balance Protection? | Find Out More |
---|---|---|
SpreadCo |
No | |
Startrader |
Yes | |
freetrade |
Yes | |
easyMarkets |
Yes | |
Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
SpreadCo regrettably, doesn't provide guaranteed stop loss. SpreadCo gives an opportunity to its traders to close their trade in their specified price. Aside from that, SpreadCo doesn't offer guaranteed stop loss.
Below we detail some of the top SpreadCo alternatives that have guaranteed stop loss available for their customers.
Broker | Offers Guaranteed Stop Loss? | Find Out More |
---|---|---|
SpreadCo |
No | |
easyMarkets |
Yes | |
Uphold |
Yes | |
instaforex |
Yes | |
FreshForex |
Yes |
Alternatives Offering Scalping
SpreadCo do allow scalping. Several traders across the world select SpreadCo for their services that are trading. They offer trading on Web Trader, Tablet & Mobile apps which allow this.
Below we list some of the best alternatives to SpreadCo that allow scalping functionality to their customers.
Alternatives That Allow Hedging
SpreadCo do allow hedging. Many traders across the world select SpreadCo due to their large range of services. They offer trading on Web Trader, Tablet & Mobile apps.
Below we list some of the best alternatives to SpreadCo that allow hedging services to their client base.
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, SpreadCo offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we list some of the best alternatives to SpreadCo that offer social trading capabilities.
Alternatives That Allow Copy Trading
SpreadCo's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we list some of the top SpreadCo alternatives that allow copy trading to their users
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Table Of Contents
- SpreadCo alternatives with lower minimum deposit requirements
- SpreadCo alternatives with demo accounts
- SpreadCo alternatives with negative balance protection
- SpreadCo alternatives with guaranteed stop loss
- SpreadCo alternatives that allow scalping
- SpreadCo alternatives that allow hedging
- SpreadCo alternatives that allow social trading
- SpreadCo alternatives that allow copy trading