Spreadex Alternatives: Pros, Cons, And How It Stacks Up Updated for 2024
This alternatives to Spreadex 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 Spreadex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Spreadex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their customers. If you feel that Spreadex is not quite right for you then it would be worth getting a demo account with a lot of the best Spreadex alternatives and check if they are a better fit for you before moving any money around.
The most in depth review of Spreadex alternatives online
There's many reasons Spreadex may not be a good fit for your trading needs. Whatever reason you are looking for a better Spreadex alternative or Spreadex competitor with better services, comparebrokers.org will always try to give you as much helpful information so you can make an informed decision. Below you can discover the best Spreadex alternatives.
For each of our alternative to Spreadex, we break down the key differences to Spreadex and for each section show you the best alternatives. For every Spreadex alternative online broker shown we also have detailed broker 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 not happy with Spreadex, let us show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is important for your trading success. All of the Spreadex alternative brokers listed in this Spreadex alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
Spreadex has a minimum desposit of $0, you should see how the minimum deposit requirements of Spreadex compare with the minimum deposit requirements of Spreadex competitors. Brokers often offer lower minimum deposits to get users to test them out, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your individual trading needs.
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Alternatives Offering Virtual Portfolio Accounts
Spreadex offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we list some of the best alternatives to Spreadex that offer virtual portfolio accounts.
Alternatives Offering Negative Balance Protection
Spreadex doesn't provide negative balance protection. If your balance is unfavorable, Spreadex suggests that you promptly contact customer services. So you can correct any imbalances in your own account.
Below we detail some of the best alternatives to Spreadex that have negative balance protection.
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Alternatives Offering Guaranteed Stop Loss
Spreadex offer a guaranteed Stop Loss order.
When there is no free margin left with the customer, Spreadex will cease your positions. If the losses in the ceased out position exceeds your account balance, you might encounter a negative account balance.
Below we detail some of the top Spreadex alternatives that has guaranteed stop loss available for their clients.
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Alternatives Offering Scalping
No, the terms and conditions of Spreadex don't allow scalping. It is a trading technique which is not allowed on the broker's platform. You have to refer to Spreadex's provisions and conditions to read more about its own policies.
Below we list some of the best alternatives to Spreadex that allow scalping functionality to their users.
Alternatives That Allow Hedging
The terms and conditions of Spreadex do not allow hedging. It is a trading technique which is not allowed on the agent's platform. You can consult with Spreadex's provisions and conditions to see more about its policies.
Below we list some of the best alternatives to Spreadex that allow hedging services to their customer base.
Alternatives That Allow Social Trading
Spreadex's social 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 copy trading.
Below we list some of the top Spreadex alternatives that allow social trading capabilities.
Alternatives That Allow Copy Trading
Spreadex's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we show some of the top alternatives to Spreadex that allow copy trading to their customers
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Table Of Contents
- Spreadex alternatives with lower minimum deposit requirements
- Spreadex alternatives with demo accounts
- Spreadex alternatives with negative balance protection
- Spreadex alternatives with guaranteed stop loss
- Spreadex alternatives that allow scalping
- Spreadex alternatives that allow hedging
- Spreadex alternatives that allow social trading
- Spreadex alternatives that allow copy trading